Page 34 - Airlines

Jet Airways lenders may sell 11 aircraft in absence of resolution: Report

Lenders said that even one-and-a-half years after the resolution plan was approved by the National Company Law Tribunal (NCLT), the Jalan-Kalrock consortium has failed to pay the required amount

Air India to introduce premium economy class in some long haul flights: CEO

Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said on Saturday as the Tata group-owned airline works on ways to expand its market share as well as the global network. In his speech at an event by the JRD Tata Memorial Trust here, Wilson said the airline will increase its market share to at least 30 per cent in domestic and international routes. The airline is implementing a long-term revival plan and over the next five years, it aims to grow its wide-body and narrow-body fleet as well as expand the global network. "The short-term actions have been to replace carpets, curtains, seat cushions and covers. To fix defective seats and inflight entertainment systems as fast as supply chains will allow. And where parts are no longer available in the market, to work with the likes of Tata Technologies to design and manufacture parts ourselves. "We've recently completely revamped the domestic inflight

Tata Group to own 75% stake and SIA 25% in the merged entity: Report

The Air India-Vistara merger is expected to be completed within a year after getting all approvals

Year-end fares go through the roof as airlines fly on low capacity

More than 75 planes are grounded; Goa to see 11% fewer flights in December

Civil aviation ministry to amend slot allocation guidelines for airlines

The civil aviation ministry is planning to amend the guidelines for the allocation of slots for airlines, wherein it has proposed to review the allocation every six months. A slot authorises an airline to operate a flight at a particular airport during a specific time. Under the proposal, the ministry has proposed changing the frequency of review of the slot allocation every six months from the current practice of one year. As per the proposed change, "historic precedence is only granted for a series of slots if the airline can demonstrate to the satisfaction of the coordinators that the series was operated at least 80 per cent of the time during the period allocated in the previous season". The ministry has sought comments on the proposal till November 28, according to a communication on its website. The country's civil aviation sector is slowly coming back to normal after being significantly impacted by the coronavirus pandemic.

Tata Group plans to merge carriers under Air India, scrap Vistara brand

Tata is considering scrapping Vistara brand, Singapore Airlines Ltd's local affiliate in South Asian nation; Singapore Airlines is evaluating the size of stake it should take in the combined entity

Airport slots for next season to be based on this season's usage: Govt

Usage of slots for more than 80 per cent of time in the previous winter season decides whether an airline would get the same slot again in the current winter season

Udan levy on airlines to double from Jan due to inflation, route expansion

The official added that a 20 per cent contribution from state governments to the regional connectivity fund had been factored in while proposing the hike

2 in 3 travellers want pre-pandemic govt fare caps back as air-fares soar

A recent survey by LocalCircles reveals that soaring airfares have worried travellers and two out of three fliers want the government to bring back an upper and lower limit on air-fares

IndiGo, Go First weighed down by grounded planes and engine shortages

IndiGo confirms 30 planes on ground, plots alternate strategies for capacity growth

Pet-friendly travel picks up in India as airlines, hotels feed into demand

The pandemic has further fuelled the trend as travelling with pets picked up during the period

China's daily Covid cases jump to six-month high as outbreaks flare

The country reported 5,436 cases for Sunday, up 27% from the day before to the most since May 2, when Shanghai was in the midst of its months-long lockdown.

Air India beats IndiGo to become top 'on time' airline in India: Report

In September, 87.1 per cent of flights of Air India were on time as compared to IndiGo's 84.1 per cent

Aeroflot to launch flight services to Goa from Moscow, starting Nov 2

Russian flag carrier Aeroflot on Monday said it is set to launch its flight services to Goa from Moscow, starting November 2. The airline currently operates its air services on the Moscow-Delhi-Moscow route twice-a-week with an Airbus A330 aircraft. Aeroflot will fly its Airbus A330 aircraft every Wednesday, Saturday and Sunday from Moscow to Goa, offering 268 seats in the business class and 28 in the economy, the statement said. Besides, the new services will also offer a weekly cargo capacity of 30 tons from India for Russia and the CIS countries, it added. "Goa is a popular tourist destination among Russians. We are starting our three-times-a-week flights on the Moscow-Goa-Moscow route. It marks the expansion of our Indian services in response to customer demand," said Korolev Oleg K, head of cargo at Aeroflot. Goa-Moscow route is another high-demand route between India and Russia. These flights will boost the recovering tourist market in both countries, said Delmos Aviation, w

AI knows how much you're willing to pay for flights before you do

Armed with mountains of data, artificial intelligence is emerging as an important tool for airlines to find the ideal fares to charge passengers, helping them squeeze out as much revenue as possible

Air India gets 72,000 job applications for cabin crew; 1,752 for pilots

The airline's aggressive expansion plan, which has already seen 17 long-grounded aircraft return to the skies with 12 more to follow, necessitates a significant expansion in flying crew

Financial status of Indian airlines likely to remain under pressure: ICRA

The financial performance of Indian airlines is likely to remain under pressure in the near term, even as recovery in domestic passenger traffic has been healthy, said Corporate Rating firm ICRA

Airlines face difficulty in operating at full capacity amid low demand

The travel sentiment was impacted by several waves of the Covid-19 pandemic, people postponed travel plans to protect their savings. In this, high travel fares impacted the demand negatively

Indian airlines revamp their in-flight menus amid intense competition

Air India latest carrier to update menu, but others have tweaked their offerings too

Tata Sons to offer stakes in Vistara to Singapore Airlines: Report

After the merger of Vistara and Air India, AI will become India's largest airline behind IndiGo