December 26th, 2021 6:54 PM 0 COMMENTS

Demand for Pilots on a Surge as Akasa and Jet Airways 2.0 Look to Hire

With the changes happening in the aviation industry in India with the introduction of ultra-low-cost carrier Akasa about to take off and Jet Airways looking to make a comeback, it seems that things are changing too. The upcoming airline Akasa and Jet Airways are looking to hire pilots for their carriers and other staff. According to the various executives, the existing airlines Indigo and SpiceJet are apparently the options from... Read More

November 19th, 2021 10:46 PM 0 COMMENTS

Akasa Air Can Give Serious Challenges to IndiGo

IndiGo has been the market leader in the aviation sector for the last few years. This is because of availing affordable flight services and also because of the kind of business model that the airline has. With the arrival of the pandemic, not just IndiGo, but every other airline and the entire aviation sector dealt with huge challenges. However, those challenges are getting easier for the airlines now as the... Read More

November 16th, 2021 10:03 PM 0 COMMENTS

Dubai Airshow 2021: Boeing Gets a $9 Billion Order from Akasa

Dubai Airshow 2021 which started on November 14, saw its third day taking place on Tuesday. This event will be memorable for both Boeing and Akasa. Boeing received a nearly $9 billion order from Akasa, an upcoming ultra-low-cost airline backed by Rakesh Jhunjhunwala. The comeback of the 737 Max has been good for Boeing. Akasa has ordered 72 Boeing 737 Max aircraft. Such a large purchase shows the intent of... Read More

November 12th, 2021 11:52 AM 0 COMMENTS

Akasa Could Help Boeing Change Market Perception in India

Akasa, an upcoming ultra-low-cost airline in the Indian market is going to start services next year. For the same, the airline would need to get new aircraft. According to an ET report, the airline could shake hands with Boeing for a large aircraft deal worth around $10 billion. Akasa might place an order of 70 to 80 Boeing 737 Max jets which will be a big dent in the market... Read More

October 10th, 2021 10:49 PM 0 COMMENTS

Akasa Airlines Might Purchase New Aircraft from Airbus

Akasa, a Rakesh Jhunjhunwala backed airline, is reported to having conversations with the aircraft manufacturing giant Airbus. The talks could be for Akasa procuring new aircraft from Airbus. It is worth noting that Akasa has also been in talks with Boeing for manufacturing aircraft. According to a PTI report, the upcoming Indian airline wants to procure the Boeing 737 Max aircraft. The direct competitor of the Boeing 737 series in... Read More

July 8th, 2022 6:50 PM 0 COMMENTS

Pradhaan Air Express Likely to Begin Commercial Operation Later This Year

Pradhaan Air Express, a new cargo airline, announced on Wednesday that it had gotten the No-Objection Certificate (NOC) from the civil aviation ministry and that it planned to start operating commercially later this year. The Delhi-based cargo carrier was founded by Nipun Anand, the head of airline general sales at Zeal Global Corporation. It expects to launch its operations with an A320 freighter that will be retrofitted, and that is... Read More

July 5th, 2022 11:19 PM 0 COMMENTS

IndiGo and SpiceJet Fights for Cabin Crew to Manage Margin Pressure

Investigation into the flight delays experienced by low-cost carrier IndiGo last Saturday has reportedly been opened by aviation watchdog Directorate General of Civil Aviation. The majority of its flights were delayed. Following the revelation, the airline's shares dropped 4% intraday as investors anticipated a potential staffing shortage. And IndiGo might not be the only one. Three new participants are competing for pilots and cabin crew members: Jet Airways, Rakesh Jhunjhunwala's... Read More

June 22nd, 2022 9:59 PM 0 COMMENTS

Global Aviation Industry Loss in 2022 Expected to Narrow to $9.7 Billion

According to the International Air Transport Association's annual forecasts, losses in the global aviation industry are predicted to drop from $42.1 billion last year to $9.7 billion in 2022 as efficiency improvements and increasing yields balance off rising labour and fuel costs. The estimates were released Monday at the annual general meeting of the global industry body. The two-day event is being held at Doha. “Industry-wide profitability in 2023 appears... Read More

June 10th, 2022 6:00 PM 0 COMMENTS

Domestic Travel Demand to Be Back to Pre-Pandemic Levels by September End

Domestic travel demand, according to Rajesh Magow, CEO of MakeMyTrip, India's largest online travel company, should be back to pre-pandemic levels by the end of September. Magow also stated that full recovery in foreign travel would take longer and that by the end of current fiscal year, it will be back to pre-pandemic levels. On a run rate basis, the recovery on domestic flights is about 85-90% for us. It... Read More

April 6th, 2022 7:42 PM 0 COMMENTS

Indian Airlines Surfacing From Covid Set to Fly Into Fresh Combat

The onset of two airlines, Akasa Air and Jet Airways (India) Ltd, is set to intensify competition in India's largely loss-making sector, which was looking to emerge stronger in the first quarter of the new fiscal year after a melded performance in the March quarter when air traffic rebounded from a pandemic-scarred January. Akasa Air, which is financed by billionaire Rakesh Jhunjhunwala, expects to make its first commercial flight in... Read More

January 17th, 2022 4:51 PM 0 COMMENTS

Will the Indian Government Help Struggling Aviation Sector Like Telecom

The Indian government recently bailed out the private telecom sector of the country. But it isn’t the only sector that is struggling. The airline industry along with the travel and tourism sector has been severely hit. The reason behind this is widespread of Omicron variant COVID-19 cases. Indian Airlines were only recovering but that recovery has been cut short due to COVID-19 in early 2022. The budget is not even... Read More

January 11th, 2022 11:43 PM 0 COMMENTS

Go First Offering 20% Discount to Fully Vaccinated Passengers

Go First, a budget Indian airline earlier known as GoAir is now offering a 20% discount to passengers if they are fully vaccinated. If the passengers have the certificate of vaccination for both doses, they will be able to avail this discount. Go First is calling this offer “GOVACCI” and it is applicable for all of its domestic flights. To get the benefit of the offer, passengers will have to... Read More

December 31st, 2021 11:32 PM 0 COMMENTS

IndiGo Gets Approval to Sell Promoter Share

InterGlobe Aviation, the parent of low-cost airline IndiGo, accepted a resolution to change its Articles of Association (AoA) on Thursday, removing the promoters' restrictions on selling their shares. The permission signals a crucial turning point in promoters Rahul Bhatia and Rakesh Gangwal's two-year battle. There has been talk that Gangwal may sell a portion of his ownership in India's largest airline, which has a market share of roughly 54%, if shareholders... Read More

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