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July 16th, 2020 3:56 AM 0 COMMENTS

India, China to Contribute 45% of Air Passenger Growth in Two Decades: IATA

India and China will together account for nearly 45% of all additional passenger trips in the next two decades, according to IATA Director General and CEO Alexandre de Juniac. India was one of the fastest growing aviation industries in the world for nearly five years. The grounding of Jet Airways has reduced the growth. However, IATA finds it as a temporary scenario, and the market will soon expand. India is... Read More

July 16th, 2020 3:55 AM 0 COMMENTS

Air Passenger Traffic Grows 3.3% in May 2019: ICRA

After a drop of 4.4% in April, Air passenger traffic in India has reported a growth of 3.3% in May 2019, according to ICRA report. The growth is attributed to the capacity increase of the airlines and the resulted moderation of airfare. IndiGo and SpiceJet have added around 15 and 25 aircraft in April and May 2019, registering a fleet growth of 7% and 33% respectively from March 2019. The... Read More

July 16th, 2020 3:55 AM 0 COMMENTS

Aviation Companies Stock Trades Low Courtesy of Degrowth in International Markets

Aviation companies stock were trading at lower levels, noted ICRA, the ratings agency as the international passenger traffic witnessed a degrowth of 8.2% in August. Whereas, the situation was flipped for the domestic passenger traffic which witnessed a growth of 3.9% in the same month. Due to underperformance, the market share declined by 34.2% in the August month. ICRA also noted that that the traffic growth on international routes in... Read More

July 16th, 2020 3:52 AM 0 COMMENTS

Budget 2019: Government Proposes a Hike in Aviation FDI, Aircraft Financing and Leasing in the Country

Budget 2019 may have some panacea for the financially crippled airlines like Air India and Jet Airways. The finance Minister Nirmala Sitharaman said that the government intends to increase the limit of the Foreign Direct Investment (FDI) for the aviation sector from the current 49%. Besides, the government will also take the initiative to start aircraft leasing and aviation finance from the Indian shores. The government will examine suggestions of... Read More

July 16th, 2020 3:49 AM 2 COMMENTS

Air India’s Move to Single Global Distribution Service Platform Raises Concerns Among Travel Agents

The travel industry associations Travel Agents Association of India (TAAI) and Travel Agents Federation of India (TAFI) have voiced their strong opposition to Air India’s decision to shift exclusively to a single global distribution service (GDS) platform. The bodies have urged the air service provider not to discontinue the inventory from other existing service providers as it will pose a threat to their survival. TAAI and TAFI have voiced their... Read More

July 16th, 2020 3:48 AM 0 COMMENTS

SpiceJet Employees Getting Salaries in Two Parts Post Corona Virus Outbreak

India is in a 21-day lockdown since March 25, and it has harmed the economy. One of the sectors which are bound to suffer the most is aviation. Post the exit of Jet Airways in April 2019, Indian aviation was still finding its feet when the WHO declared the outbreak of Corona as a global pandemic. The lockdown means that there are no commercial air operations for 21 days, and... Read More

July 16th, 2020 3:47 AM 0 COMMENTS

Indigo, GoAir and Air Asia Offering Discounted Flights Starting at Rs 999

Indian budget carrier Indigo, GoAir and Air Asia have launched attractive flight discount offers and schemes for their passengers as the lean season draws near. Despite being troubled by rising fuel costs, high operational expense and rupee depreciation, the airlines have still decided to launch these offers to attract more and more fliers in the upcoming months. It’s notable that a lot of airlines in the last quarter have posted... Read More

July 16th, 2020 3:47 AM 0 COMMENTS

SpiceJet CMD Urges Government for Level Playing Field in Aviation

Ajay Singh, SpiceJet Chairman and Managing Director put forward a strong request in front of the government asking the centre to provide a ‘level playing field’ for Indian airlines. He highlighted that international carriers enjoy tax benefits and are therefore rendered in a better position to deal with the rising fuel prices as opposed to the domestic carriers. The SpiceJet CMD further pushed his argument by saying that domestics airlines... Read More

April 18th, 2020 1:13 PM 0 COMMENTS

Vistara Might Be Flying Cargo Flights Soon

Vistara is the only domestic premium airline in India at the moment. Just like every airline, Vistara is struggling with generating revenues during the time of lockdown. This is why the airline recently decided that they will consider flying cargo flights as well. Diversifying the revenue stream will help the airline in sustaining all the losses that it is facing right now. As of now, both domestic and international flights... Read More

April 9th, 2020 10:51 AM 0 COMMENTS

IndiGo Pilots and Crew Members Raise Positivity Together

These are testing times for the aviation industry. All the major airlines are at a standstill till the time lockdown goes away, and it is hurting their cash flow at an exponential rate every day that passes. Even though there is no cash inflow from commercial operations, there are still fixed costs that have to be met. It has put the airlines in a very tight position, and the worst... Read More

April 4th, 2020 8:54 PM 0 COMMENTS

Vistara Might Start Flight Bookings from April 15

Indian Airlines might soon start to operate domestic and international flights. Since March 25, 2020, the government has banned the Indian Aviation until April 14, 2020, to combat the deadly virus. The finest full-service carrier of India Vistara has also stated that they will start taking bookings from April 15, 2020. However, the airline has also marked that decision will be changed if the threat of Covid-19 is not neutralised... Read More

April 4th, 2020 12:09 PM 0 COMMENTS

Air India Will Not Take Fresh Bookings For Sometime Now

Flag carrier Air India has decided to shut down all the fresh bookings for now. No domestic or international booking can be made through the airline. The airline is waiting to hear from the government about how the aviation industry has to proceed post the lockdown period scheduled to end on April 14, 2020. The 21-day countrywide lockdown began on March 25, 2020, and it has resulted in heavy losses... Read More

April 2nd, 2020 9:40 PM 0 COMMENTS

Air India Temporarily Suspends 200 Pilots Due to Coronavirus Outbreak

Indian Aviation Industry has been banned till April 14, 2020, by the government of India because of Covid-19. All domestic and international travel is banned until April 14, 2020. However, cargo planes and recuse flights are exempted from the ban. Due to the lockdown period, the entire aviation industry is facing financial distress. Airline and Airports are facing operational issues. Major airlines such as IndiGo, SpiceJet, Air India is getting... Read More

March 30th, 2020 7:17 PM 0 COMMENTS

DGCA Holds Breath Analyser Test for Aviation Staffs Amidst Coronavirus Outbreak

The Indian Aviation industry has been facing various trouble amidst the outbreak of Covid-19. Recently, the government has announced 21 days lockdown in the entire nation to combat the deadly virus. All the domestic and international flights have also been postponed till April 14, 2020. To ensure that the Aviation Industry takes all safety measures, Directorate General of Civil Aviation (DGCA) has temporarily suspended breath analyser tests across all the... Read More

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Editors Pick

Upcoming Greenfield Airports in India to Cater for the Needs of Growing Air Passenger Traffic

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