Chief Executive Officer Kaushik Khona quit at the end of November, saying he couldn't get the carrier flying again and that staff hadn't been paid for six months
On Wednesday, shares of InterGlobe Aviation, the parent company of IndiGo, ended 1.73 per cent higher at Rs 2,982.50 on BSE
Airline slips back to loss in second qtr
The top 20 domestic markets, according to OAG, account for 88 per cent of the global domestic travel capacity with nine countries now reaching 2019 levels once again
Airlines are likely to save around Rs 150-180 crore annually by using the Delhi airport's Eastern Cross Taxiways that help reduce taxiing time as well as fuel consumption by aircraft, according to a top official. The Indira Gandhi International Airport (IGIA) in the national capital, operated by DIAL (Delhi International Airport Ltd), handles up to 1,500 aircraft movements daily. In a recent interview, DIAL CEO Videh Kumar Jaipuriar said assuming 10-15 per cent of aircraft use the Eastern Cross Taxiways (ECT), it is expected that there would be saving of around 55,000 tonnes of carbon dioxide. There can be savings of Rs 150 to Rs 180 crore for airlines by using the ECT, he said. The ECT, which is 2.1 km long and can accommodate wide-body aircraft, will reduce the time spent on the tarmac by passengers after landing and before take-off of their flights. It was inaugurated on July 14. Citing back of the envelope calculations, Jaipuriar said DIAL has made an estimation of how many ..
Country tagged 'negative' due to 'material non-compliance', says Aviation Working Group
Alaska Air Group said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal including debt. The combined company would keep both airlines' brands, which call the 49th and 50th states their homes. Alaska will pay $18 in cash for each share of Hawaiian, whose stock closed Friday at $4.86. The deal also includes $900 million in Hawaiian debt, which the airlines said brings the acquisition's total value to $1.9 billion. The deal still needs approval from the boards of both companies, as well as from the shareholders of Hawaiian Holdings. It will also need the blessing of U.S. regulators, which have shown resistance to more consolidation within the airline industry out of fear it could lead to higher fares. The companies expect the deal to close in 12 to 18 months.
ICAO's third Conference on Aviation and Alternative Fuels (CAAF) runs this week ahead of the COP28 U.N. climate summit in Dubai, which starts on Nov 30
The deadline to submit takeover bids ends on Tuesday, and the sources told Reuters Jindal had decided against bidding after evaluating the airline's financial statements
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Effective since October 10, 2023, passengers will no longer incur handling fees for carrying musical equipment such as guitars, keyboards, violins, or other musical instruments
Emirates Airline President Tim Clark warned Airbus and Rolls-Royce on Tuesday that increased engine downtime in harsh Gulf conditions, as well as higher prices for servicing
All airlines, including foreign companies, operating in the country are responsible for implementing the provisions of the Rights of Persons with Disabilities Act, 2016, the Court of Chief Commissioner of Persons with Disabilities said. The court's ruling came after it took suo motu cognisance of a post on 'X' by Smrithy Rajesh alleging that her son, who has Autism, was ill-treated at the Bangalore airport by SriLankan Airlines employees. The court's findings revealed a lack of awareness and sensitivity towards the needs of individuals with disabilities on the part of the airline's employees and the Directorate General of Civil Aviation (DGCA), it said. The court also highlighted that the SriLankan Airlines' policy, if it necessitates medical clearance for select categories of persons with disabilities before boarding a flight, is inconsistent with the global civil aviation requirements. "All airlines, whether Indian or foreign, operating in the country are responsible for ...
A top Asia Pacific airline association on Friday called on the governments, fuel producers, airports, and other organisations to work together globally to accelerate the transition to renewable energy and fuel the industry's journey towards carbon neutrality. Addressing the 67th Assembly of Presidents of the Association of Asia Pacific Airlines here, AAPA Director General Subhash Menon said, A harmonised global framework that enables the cost-effective supply of sustainable aviation fuel (SAF) is crucial for aviation to attain a net zero emissions goal by 2050. By highlighting their collective ambition on SAF usage, AAPA Airlines are indicating the level of SAF demand as an impetus for governments to consider the necessary support initiatives for SAF supply and for fuel producers to plan SAF production capacity to meet the needs of the industry, he said. He said a globally agreed accounting approach should be in place to ensure that the relevant carbon abatement credits are properly
The price reduction in airfares comes at a time when airlines are incurring higher costs, including jet fuel and airport charges
As the international air passenger traffic grew by 171 per cent in the first nine months of 2023, a top airline association on Thursday said it looked forward to celebrate growth of the industry and focus on sustainability. Ahead of the 67th Assembly of Presidents of the Association of Asia Pacific Airlines (AAPA) to be held here on Friday, the Association said, the number of international air passengers in Asia Pacific reached 79 per cent of 2019 levels in September 2023, behind other regions given that borders in Asia fully re-opened only six to 12 months after the rest of the world after the pandemic induced lockdowns across nations. Nevertheless, demand is robust, with international air passenger traffic measured in revenue passenger kilometres (RPK) growing by 171 per cent in the first nine months of 2023, compared to the same period in 2022, AAPA said. Seat capacity measured in available seat kilometres increased by a comparatively slower 130 per cent in the first nine months
BENGALURU (Reuters) - Shares of IndiGo fell 1.5% on Wednesday after the airline warned that more planes could be grounded due to the latest troubles with Pratt & Whitney engines, leading to the potential withdrawal of nearly a quarter of its fleet. India's top airline, listed as Interglobe Aviation, said late on Tuesday it sees groundings of its Airbus in the range of "mid-thirties" due to a powder metal issue, days after it said about 40 planes were pulled out of service for a separate problem with the engines. Both combined would add up to about a quarter of its total fleet of 334 planes - a large number of which are fitted with Pratt engines. The troubles come at a time when India's air travel market is rapidly growing. India saw a 29% rise in domestic passenger numbers in September from a year ago, and airlines like IndiGo and Air India stand to gain the most with smaller rivals like Go Air facing bankruptcy and upstart Akasa Air contending with a pilot shortage.
What was striking about Q3 2023 was that the number of airline seats between China and southeast Asia was 53 per cent of the 2019 levels, or 4.24 million seats
A 44-year-old man, Joseph David Emerson, was booked on 83 counts of attempted murder and endangering an airplane, according to Multnomah County Sheriff's Office booking information in US
A Delhi-bound flight of Akasa Air with 185 passengers on board made an emergency landing at the Mumbai international airport on Saturday after a passenger claimed there was a bomb on the plane, which later turned out to be a hoax, officials said, adding he has been arrested. After taking off from Pune, a passenger, identified as Pallav Ajay Tyagi, started shouting that there was a bomb on the flight, which caused panic among passengers, a police official said. The airline spokesperson said, "Akasa Air flight QP 1148, flying from Pune to Delhi at 00:07 hours on Saturday and carrying 185 passengers and six crew members on board, received a security alert shortly after take-off. "As per the safety and security procedures, the plane was diverted to Mumbai. The Captain followed all required emergency procedures and landed safely at Chhatrapati Shivaji Maharaj International Airport at 00:42 hours". A representative from the airlines later lodged an FIR against Tyagi at the airport police