Delivering a hammer blow to the foreign carriers trying to keep up
Faced with a severe shortage of fresh talent, AIESL decided to rehire 150 retired Aircraft Maintenance Engineers
While Indian carriers have focused on business within the country, foreign airlines have captured most of the regional traffic to and from India
Jet Airways announced its winter sale with all-inclusive fares starting at Rs 1,099, on select sectors across its domestic network.
The government's passenger-centric initiatives such as limiting cancellation charges and reducing passenger baggage fees have hit airlines' revenue from ancillary sources
Stepping up the fight against the black money menace, the govt has demonetised the two high-denomination notes
With 23 per cent domestic passenger growth in the eight months till August, India has emerged as the fastest growing air travel market in the world, outperforming China, which grew 10 per cent. Brazil and Russia have seen a decline.What's more, domestic air traffic is poised to grow around 15 per cent in 2017, on the back of low fares, improved regional connectivity and economic growth, say executives and experts.Low fares have led to a rise in discretionary travel and higher demand for airlines. Sector-wide passenger load factors rose to 83.7 per cent in the eight months of calendar year 2016 from 82.6 per cent in the corresponding period in 2015, and too on increased capacity. The domestic jet fuel price is 10 per cent lower year-on-year, giving airlines the cushion to decrease fares. On an average, fares are 10 per cent lower over last year and in July-September airlines took to last-minute discounting matching Rajdhani air-conditioned 2-tier train ticket fares."The healthy growth u
Model unique to the Indian market will see Superfast Airlines as the holding company
Federation of Indian Airlines has appealed to DGCA to extend notice period of flyers from 6 months to a year
The move will significantly bring down air travel time and lead to significant savings
Airline or airport operator will then have to address the issue in a specified period
Lower fuel prices, fewer passengers make airlines cut prices for international destinations
There are 32 airports, under the Airports Authority of India, which are non-functional
India plans to invest $5 billion to improve airport infrastructure, which is inadequate compared with China's proposal for $130 billion in 15 years
Air Carnival, Air Asia, TruJet try innovative ways to break the clutter in a crowded turf
Nearly half the airlines are also planning IT programmes for single token travel for passenger identification
Bring airlines into line with minimal action
Seeks cap on number of hours in flight delays without compensation
Jet Airways able to lower unit cost per km in March quarter of last financial year; reducing costs key to profitability of airlines
Domestic jet fuel prices are up 7%, but are still 14% lower on a y-o-y basis