October 26th, 2022 9:36 PM 0 COMMENTS

On the Day of Diwali, Airlines’ Passenger Load Factor Significantly Declines

On October 24, Diwali Day, most airlines reported lower occupancy, with their passenger load factor falling significantly to the range of 65 to 70% as opposed to 80 to 85% on recent days. On Monday, the day of the Diwali celebration, the largest Indian airline, Indigo, experienced PLF of 64.5%, while Vistara and Air India reported PLFs of 63.5% and 67.3%, respectively. Industry insiders claim that one of the key... Read More

October 19th, 2022 1:00 PM 0 COMMENTS

Domestic Airlines Performance Sep 2022: Vistara Tops On-Time Performance Charts

The Aviation Regulator, DGCA, released the Domestic Airlines Performance Report for September 2022. According to the data released by the Regulator, passengers carried by domestic airlines in September stood at 103.55 Lakh, which is slightly greater than August's 101.16 lakh and July's 97.05 lakh passenger mark, witnessing steady growth. Passengers carried by domestic airlines during January-September 2022 were 874.24 lakhs as against 531.11 lakhs during the corresponding period of the... Read More

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

December 23rd, 2021 11:34 PM 0 COMMENTS

The Indian Aviation Sector Is Reviving in 2021, Growth May Be Seen in the Coming Years

The Indian aviation industry went through turmoil during the last two years battling pandemic, capacity restrictions and fare limits. 2021 seems to be the year the sector appears to recover. Here is a summary of all the key happenings in the Indian aviation sector. Air India is expected to be finally handed over to the Tata group in the first quarter of 2022. Tata Group already operates two airlines –... Read More

December 16th, 2021 8:57 PM 0 COMMENTS

Government Adds Air India Employees to EPFO, Notification Takes Effect From January 01

The employees of Air India and Indian Airlines will now come under the ambit of Employees Provident Fund Organizations (EPFO). The ministry scraped off the two notifications dated February 1962 and January 1963 that counted them under an exempted trust managed by the national carrier so far. Coming under EPFO will provide the employees with better returns than they were under the trust. The decision will come into effect from... Read More

December 14th, 2021 9:22 PM 0 COMMENTS

Six Boeing Max 737 Aircraft Are Currently in Use for Commercial Operations, Confirms Minister

SpiceJet has started using six aircraft out of its 13 Boeing 737 Max planes for commercial operations, confirms the Minister of State for Civil Aviation V K Singh. In a reply given to Rajya Sabha, the Minister said that the plane was approved for operations after Boeing modified the aircraft’s software as mandated in EASA’s airworthiness directive. “Out of 13 grounded Boeing 737 Max aircraft of Spice Jet, six aircraft... Read More

December 2nd, 2021 4:25 PM 0 COMMENTS

Jet Airways Might Place $12 Billion Order With Boeing, Airbus for Aircraft

Jet Airways is expected to make a come back early next year. The airline had some very loyal customers under its wing. In line with resuming services next year, Jet Airways might place a huge order with Airbus and Boeing. According to a BloombergQuint report, Jet Airways might place a $12 billion aircraft order with the said manufacturers so that it can make a comeback. The airline nor the aircraft... Read More

Recent Comments

  • No Most discussed posts - 1 week ago....!