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January 20th, 2022 6:03 PM 0 COMMENTS

Indian Aviation Industry Is ‘Chronically Ill’, Says IndiGo CEO

IndiGo’s Chief Executive Officer Ronojoy Dutta calls the Indian airline industry ‘chronically ill’ and requests the central Government to implement some life-saving reliefs quickly. The COVID-19 pandemic crippled India’s domestic airlines. They witness a drop in passenger numbers and suffer from the maladies of high price for Aviation Turbine Fuel (ATF), which increase the cost of operations for airlines. Dutta requests to reduce the jet fuel tax from 11% to... Read More

July 16th, 2020 5:59 AM 0 COMMENTS

Air Travel Demand To Drop By 30% This Fiscal Year

CARE Ratings hint that there might be a drop in air travel demand by 30% this fiscal year. Earlier, the estimated figure for the decline was around 20-25% but not it has increased. With this, there is also a good chance that the airlines will increase the price of their base fares. This will be due to the social distancing norm of leaving the middle seat unoccupied. Expensive fares at... 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

IndiGo Bags Rank as One of the Top Five Safest Low Cost Carriers in the World

For a lot of conservative travellers, stepping on a flight a thing of concern because of the safety involved. Somehow, for some Indian citizens, soaring in the sky just seems a lot daunting because of all the stories they might have heard. But, it surely helps to know that the airline that you are opting for is one of the safest airlines in the world and ranks in the top... 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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