As the majority of Pakistani airspace has remained closed for Indian airlines since the Balakot strike on February 26, the decision to avoid affected Iranian airspace on Saturday is going to further disturb the routes of their international flights towards middle-eastern and European countries, and the US.
'As a child, I didn't even know that he was an IPS officer... It was much later when I came back to India'
Indian airlines are expected to post a consolidated loss of $4.1 billion this fiscal, similar to what they are estimated to have incurred in 2020-21, taking the total losses of two years to around $8 billion as a result of the pandemic so far, aviation consultancy and research firm CAPA said on Thursday. In a report, CAPA expects domestic passenger traffic to be around 80-95 million in 2021-22 as against 52.5 million in the previous financial year. However, despite this growth, it will be well below than around 140 million passenger volumes recorded in 2019-20, CAPA said in the report. This projection of the traffic volume does not take into account the anticipated third wave of the pandemic, it added.
The former beat South Central Railway while the bankmen accounted for Pakistan International Airlines.
From croissants to Galouti kebabs and Medu vada, Indian carriers, both low-cost and full-service, are revising their in-flight menus to offer passengers a differentiated fare as competition is heating up amid the boom in air travel with the waning of Covid-19. On Monday, Air India, which was taken over by the Tata Group on January 27, unveiled its new domestic in-flight menu comprising gourmet meals, new appetizers, desserts, and local dishes. Air India's economy class passengers would now be served dishes such as Mushroom cheese omelette, Dry jeera aloo wedges, and Garlic tossed spinach and corn for breakfast, and Vegetable biryani, Malabar chicken curry, and mixed vegetable poriyal for lunch.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
The former beat Air India while the latter got the better of Bharat Petroleum in the semi-finals of the Shastri hockey tournament.\n\n
They take on Punjab and Sind Bank in the final of the DCM Shriram hockey tournament.
They beat Indian Oil 5-4 via sudden-death in the final of the tournament.
Indian Airlines has launched an EMI scheme in association with Citibank to target the vacation travellers and the growing segment of credit card holders who prefer to use the deferred payment schemes to purchase goods and services.
IC 814: The Kandahar Hijack begins by asking why the hijack lasted seven days and ends in wondering if the good guys fought the bad ones hard enough, observes Sukanya Verma.
TN rallied to beat Air India while Indian Airlines got the better of BSF in the quarter-finals of the Nehru hockey tournament.
The government on Thursday reappointed former IPS officer Ajit Doval as the National Security Adviser (NSA), according to an official order.
Iraq war to hurt Indian airline industry.With war clouds looming large over Iraq, the Indian airline industry is bracing itself against an increase in insurance premium and an additional burden of an estimated 25 per cent hike in ATF.
IA may be hurt badly in case of a US attack on Iraq, which would lead to a massive increase in insurance premium and an additional burden of an estimated 25% hike in ATF prices.
In little over a year, Air India and IndiGo have announced plans to purchase up to 170 wide-body planes as they bet on ambitious expansion and efforts also continue to make India a global aviation hub. Also, the two carriers' orders usher in European aircraft maker Airbus into the country's wide-body space, which has traditionally been dominated by US major Boeing. If narrow-body aircraft orders of Air India, IndiGo and Akasa Air are added to the list, the order book is well over 1,200 planes and that too in less than 14 months or since February 2023.
According to sector estimates, it takes at least six months to develop a route.
At present, there is no direct air connectivity between India and Myanmar.
Indian Airlines plans to connect London as part of its global expansion plans and would lease 12 wide-bodied aircraft for long haul operations.\n
Airlines are now pushing up fares and hopes to improve margins over the next three months to make up for the poor September quarter, even if it leads to a slight fall in their passenger load factor.
About 1,500 employees of various departments took part in the rally.
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.
Indian Airlines has proposed to acquire 43 aircraft comprising A319, A320 and A321 for replacement of the ageing fleet of A300 and B737-200, government informed the Rajya Sabha on Tuesday.
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 CBI today registered three FIRs and a preliminary enquiry to probe alleged irregularities in Indian Airlines-Air India merger and purchase of 111 aircraft, leasing of planes and giving up of profit-making routes by Air India, causing a loss of thousands of crore of rupees.
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.
Punjab and Sindh Bank drubbed Railways 7-2, while Indian Airlines beat Namdhari XI 4-1 in the 40th ONGC-Nehru Hockey Tournament.
"No airline is making money in India because they are selling below cost. The country is seeing a 25 per cent annual growth rate in air passenger traffic, but some slowdown is also expected. These are some of the pains when markets open up," said John Leahy, chief operating officer (customers), Airbus. Leahy, however, declined to offer details.
Indian Airlines Ltd, the country's largest domestic carrier, will dry-lease three Airbus A320 planes by the end of February and another two by the middle of the year to boost market share, its chairman said on Tuesday.
High airport charges and steep operating cost hurt profitability of Indian airlines in 2013.
The apex auditor is busy preparing a report on the Air India-Indian Airlines merger and modernisation of airports through public-private-partnerships, both carried out during the previous term of the United Progressive Alliance government.
After facing significant flight disruptions recently, Vistara CEO Vinod Kannan on Thursday told the airline staff that the "worst is behind us" and operations have already stabilised. Pilot woes have forced the Tata Group airline to temporarily cut down capacity by 10 per cent or 25-30 flights daily. While acknowledging that things should have been planned better, Kannan said it has been a "learning experience".
The public sector carrier announced a new scheme -- 'Fly Select Fares' -- offering two levels of rates which were below the normal ones on select flights.
The five-time champions cited lack of players to field a team for the tournament.
Indian Airlines has launched a new scheme to enhance executive class travel by business travelers and corporate executives.