Indian Airlines

India is a fantastic market that demonstrates the real value of aviation, but high fuel costs is a challenge for the local airlines, IATA chief and IndiGo's incoming CEO Willie Walsh said on Monday. Speaking at briefings after the conclusion of the IATA Annual General Meeting (AGM) in the city, Walsh said India has great opportunities, as well as some as challenges. Howeever, taxation could slow down the growth potential, he added. "The net position in India is very, very exciting and that is proven by the growth that we've seen in the domestic market... I think (there) would be a very significant growth in the international market in due course as well," he said. The International Air Transport Association (IATA) is a grouping of more than 370 airlines and accounts for around 85 per cent of the global air traffic. Talking about the challenges in the Indian market, Walsh cited high fuel costs. "That is an additional burden when fuel (price) is denominated in dollars and you've see

The government has fixed benchmark jet fuel prices for Indian airlines, but experts say the move may curb fare spikes rather than make tickets cheaper

The one-time fund will help airlines manage sharp aviation fuel price swings amid the West Asia conflict, while supporting air connectivity and limiting fare increases for passengers

The fuel price for domestic flights will remain unchanged at ₹104,927 ($1,104.25) a kiloliter in New Delhi for June

Rising fuel prices and rupee depreciation linked to the West Asia conflict are forcing Indian airlines to cut domestic flight operations in June

Indian airlines urge oil refiners to delay ATF price hikes for domestic flights amid rising losses triggered by the West Asia conflict

Air India CEO Campbell Wilson on Friday asked the employees to suspend discretionary spending and defer non-critical expenditures as he emphasised the need to cut down on costs in these "tough times", according to sources. The management of the loss-making airline, which has been facing multiple headwinds especially due to the West Asia conflict, told staff that layoffs are not anticipated. Wilson, along with Chief Financial Officer Sanjay Sharma and Chief Human Resources Officer Ravindra Kumar GP, addressed the airline's employees during a townhall on Friday. As per the sources, Kumar said Air India will proceed with variable pay for the last financial year and continue with planned promotions while annual increments will be deferred by at least one quarter in light of the uncertain economic environment. "We don't anticipate layoffs," he said. Calling for a relentless focus on costs in these tough times, Wilson urged employees to suspend discretionary spending, renegotiate rates

Credit facilities worth Rs 70,000-80,000 crore available with SBI for MSMEs under ECLGS scheme: SBI chairman

Air India's board of directors met in the national capital on Thursday amid the loss-making airline facing multiple headwinds in the wake of the West Asia conflict. The meeting is expected to discuss various issues, including financials and cost-saving measures. Discussions related to the selection of a new CEO are also likely at the board meeting. Current CEO and MD Campbell Wilson will be stepping down later this year. Airspace curbs and higher jet fuel prices due to the West Asia conflict are adversely impacting the airline, which is in the midst of an ambitious transformation plan. Operational costs have gone up significantly in recent months for the carrier. Against this backdrop, the airline is mulling various cost-saving measures. Sources said the board meeting started after 11 am on Thursday. Specific details about the agenda for the meeting could not be ascertained. Air India board is chaired by Tata Sons Chairman N Chandrasekaran. Wilson, Singapore Airlines CEO Goh

Several foreign carriers have expanded operations to India

India's top airlines have asked the government for urgent relief as record-high jet fuel prices raise costs, threaten flight operations and may lead to higher fares and route cuts

The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule

On Sunday, the Ministry of Civil Aviation decided to withdraw the temporary fare caps on domestic airfares starting Monday (March 23)

Under the new rule, airlines must allocate a minimum of 60 per cent of seats on each flight without any seat selection charges

Union Civil Aviation Minister K Rammohan Naidu on Monday informed the Rajya Sabha that Indian airlines have cancelled 4,335 flights and foreign carriers 1,187 flights so far in the wake of the West Asia conflict. The escalating conflict involving the US, Israel and Iran has significantly disrupted flight operations due to airspace closures in the West Asia region. Replying to a supplementary query during Question Hour, the minister asserted that the safety of airline operations is the topmost priority. "Regarding the cancellations that have happened because of airspace closure in West Asia, almost till now, in a cumulative, Indian carriers have cancelled up to 4,335 flights, and foreign carriers have cancelled up to 1,187 flights," Naidu said. Stating that the safety of the operations is the topmost priority during this crisis, the minister said there is no reason for us to operate in this area when the airspace itself is closed. Naidu said the aviation ministry and the DGCA ...

The low-cost carrier joins Air India and IndiGo in passing on rising jet fuel costs to passengers, citing geopolitical tensions in West Asia and surging aviation turbine fuel prices

The Civil Aviation Ministry on Tuesday said it is closely monitoring developments in West Asia and their potential implications for air travel between India and the region. It also said that Civil Aviation Minister K Ram Mohan Naidu is continuously overseeing the situation and maintaining direct engagement with all the relevant stakeholders to ensure quick and coordinated responses. Data suggest that Indian carriers operated 45 inbound flights with 7,047 passengers arriving on them from West Asia on March 9, the ministry said in a statement. Airlines are making appropriate operational arrangements in response to the evolving situation, with passenger safety and continuity of services remaining the primary considerations, it said. The ministry said it is maintaining regular coordination with airlines and other concerned stakeholders to ensure that passenger movement continues in an orderly manner. Airfares are also being closely monitored to ensure that ticket prices remain reasona

Airlines warn prolonged West Asia conflict could disrupt operations and raise costs as jet fuel prices surge, routes lengthen, and insurance premiums climb, prompting calls for regulatory relief

Indian airlines are adding capacity to West Asia, Europe and North America, operating additional and special flights as airspace restrictions ease after recent military strikes in the region

Bangladesh has barred SpiceJet from using its airspace as the budget carrier is yet to repay pending dues, according to sources. With the Bangladesh airspace not being available, the airline is taking longer routes for some of its flights from Kolkata, including to Guwahati. When contacted, a SpiceJet spokesperson on Thursday said the airline was in regular dialogue with the relevant authorities on operational and procedural matters, including navigation-related charges. "These are routine industry issues and we are working constructively towards an early resolution. Our flight operations remain unaffected, and we continue to operate our scheduled services in line with regulatory requirements," the spokesperson said in a statement. While specific details were not disclosed, the sources said Bangladesh has banned the airline from using its airspace due to non-payment of dues. Details about the nature of dues could not be immediately ascertained. An email sent to the Civil Aviation