'Domestic will remain very much the core of what IndiGo is.' 'But the emphasis in our next growth phase is going to be on the international side.'
Vistara starts flying in India.
Public sector oil firms have cut aviation turbine fuel (jet fuel) prices by up to Rs 745 per kilolitre or 1.85 per cent in wake of falling international prices.\n
Once pioneers in civil aviation, the Tata group is unlikely to get into the sector because of "destructive competition", its outgoing Chairman Ratan Tata said.
In what can be seen as a major setback for the civil aviation sector, the new aviation policy, to be announced soon, is likely to continue with the existing practice of not allowing equity participation by foreign airlines in domestic operations.
Chief executive Giorgio de Roni explains to Business Standard the merit of GoAir's cautious approach.
Major domestic airlines on Wednesday said they were considering imposing a fuel surcharge and hiking air fares following the announcement of a Rs 1,600/kl rise in jet fuel prices from midnight on Wednesday.
In a bid to offset a major increase in the price of aviation turbine fuel, Indian Airlines on Saturday announced an across the board 12 per cent hike in fares with effect from April 15.
Rahul Bhatia set up IndiGo and the Ibis hotels in India.
A red-faced Pakistan International Airlines (PIA) was forced to issue a clarification on Friday after the State-owned carrier received much flak for its bizarre dress code for its cabin crew, instructing them that wearing undergarments underneath the uniform was a must.
Air India will put in place new systems to proactively alert fliers about changes or delays in flight schedules and also set up a coordination team to address airport-specific issues, according to an internal communication. After reviewing block times, airport connecting times and aircraft as well as crew rotations, Tatas-owned Air India has identified various improvement areas for bettering overall performance. In the internal communication on Friday, Air India CEO and managing director Campbell Wilson said the airline would seek airport slots to carry out the improvements.
In recent times, there have been various incidents of unruly passengers onboard domestic and international flights.
Air India has leased a fleet of six Airbus A320 neo aircraft from CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co Limited, to boost the Tata Group-owned company's transformation journey, a statement said on Wednesday. The leasing agreement was signed on the sidelines of the Airline Economics Growth Frontiers Asia Pacific 2022 conference, said the CDB Asia statement. CDB Aviation is among the first aircraft leasing companies to secure the placement of Air India's additional A320 neo aircraft under the recently announced multi-stage transformation plan since the purchase of the airline by Tata group, which aims to increase the carrier's fleet and help it boost both domestic and international operations.
Last year too, the competition regulator had sent notices to airlines whether they were acting together to raise or lower airfares.
Indian Airlines has launched a 'pay smart' scheme in association with ICICI Bank to enable its passengers avail the benefit of deferred payment system during the period April 26, 2004 to March 31, 2005.
The apex court asked the government to get back by March 9 about the policy.
The practice of charging for such facilities was launched in 2008.
Three major domestic carriers -- Air India, Kingfisher Airlines and Jet Airways -- will together require around $10-12 billion (Rs 47,000-Rs 560,000 crore) over the next two-three years to fund their aircraft acquisition plans, an aviation think tank has said.
Private domestic airline Air Sahara said on Monday it would induct 12 aircraft this year, including seven Bombardier and five Boeing aircraft, at about $45 million to start new flights and add new destinations in the country.
Foreign carriers to pick up staff from cash-strapped SpiceJet.
Indian Airlines on Wednesday announced a 10 per cent hike in air travel on all domestic sectors with effect from June 21 citing the continuous increase in prices of aviation turbine fuel.
Losses at state-owned Indian Airlines Ltd, the country's largest domestic carrier, rose by half in the past financial year to March from the previous year as a global decline in tourism after September 11 hurt traffic.
Air India to shift, unused capacity in existing bilaterals may be mobilised.
The airline opened bookings on Friday night for its inaugural routes -- Bengaluru-Goa and Bengaluru-Chennai.
Three major domestic airlines on Friday announced revised fares, including those under the advance purchase schemes, following abolition of the Inland Air Travel Tax which amounted to 15 per cent of the total airfare.
These slots, under the air bubble pact, will later be extended to operate regular flight services once international flight services resumes.
Almost $10 billion was invested in airport modernisation between 2005 and 2012.
At Rs 919 crore, InterGlobe Aviation, the parent firm of low-cost airline IndiGo, posted its best-ever fourth quarterly net profit in the January-to-March quarter (Q4) of financial year 2022-23 (FY23). The bottom-line, however, was lower than the Street's expectations where estimates ranged from Rs 1,160 crore to Rs 2,180 crore. On the bourses, shares of IndiGo have added just 30 paise (0.01 per cent) since the announcement of the Q4-FY23 results on May 18.
The police said the woman works as a pilot with a private airline while her husband is deployed with the ground staff in another private airline.
Private domestic airline Jet Airways on Thursday said it would start issuing electronic tickets from the next year in a bid to cut administrative costs by 50 per cent.
Civil Aviation Secretary R N Choubey said on Friday there would be no compulsion on airlines.
The introduction of these new flights would help IndiGo cross 650 flights mark as the it would offer a total of 671 flights per day connecting 39 destinations.
