Page 52 - Aviation Industry

What may lie ahead in 2020

Nobody can anticipate, let alone predict, what Mr Modi will do in 2020.

Higher incremental capacity, load factors to boost SpiceJet's market share

SpiceJet reported 93 per cent load factor for November, led by a 45 per cent jump in passenger traffic

Moderate slowdown in global passenger demand growth in October: IATA

October international passenger demand rose 3.2 per cent compared to October 2018

Aviation minister's Air India remark may scare passengers: Employees' union

The employees' union called hardeep Singh Puri's comment on Air India to be shut down if not privatised 'highly damaging' which will have 'massive financial implications'.

How aviation industry is planning to counter 'flight shaming', Greta effect

Flight shaming has dented demand in Europe, particularly in northern parts but also in the United Kingdom, France, and Germany.

Lost Jet capacity back in air: With 5 new aircraft, carriers' fleet at 618

When Jet Airways was operating to its full schedule, the total fleet size of Indian airlines had peaked at 614 in January

Cathay Pacific Airways CEO quits in blowback over Hong Kong mass protests

Augustus Tang has been named as the new chief

New aviation charter lacks teeth, won't address customer grievances fully

It neither mentions timelines for refund or compensation, nor talks about penal provisions for airlines

Over the clouds: Indian aviation industry witnesses marginal fare hike

More than 50% of the incremental capacity has been added by IndiGo

India to add 1,000 aircraft over next 7-8 years: Government official

Civil Aviation secretary RN Choubey also said that the domestic aviation has been growing at 20 per cent every year, for the last four years

Capacity addition takes the wind out of ATF price cut benefit for airlines

Airline executives say low-priced tickets will continue due to massive rise in number of seats

Airline industry needs Rs 350 bn capital for 3-4 yrs to reduce debt: Icra

The aviation industry's financial health has nosedived, with the three listed airlines having reported a combined net loss of Rs 36.4 billion in the first half of the fiscal

Domestic airlines have 298 foreign pilots, asked to reduce the number: Govt

The minister said all domestic airlines have been advised to develop their in-house strength to reduce the dependency on foreign pilots

No foreign flights at Tirupati, Vijaywada airports after international tag

Tirupati airport got international status in 2015 and Vijayawada in 2017 but overseas flight services haven't yet taken off from both locations

Aviation industry braces for Brexit with CEOs divided on fallout

The dissonance suggests some carriers sense the possibility of a Brexit accord would prevent hassles for tens of millions air travelers while ushering Britain, out of the European aviation market

Despite bottom line pressure, FY17 to be the best for airlines

Are likely to close outgoing financial year with 22-23% traffic growth

Forget busy London, fly to other cities, says UK minister

Suggests connections to Manchester, Glasgow and Birmingham, as Heathrow slots are very hard to get

India to seek airport slots for its airlines in future bilaterals

Move follows repeated complaints by airlines they're being overlooked in terms of peak time slots

Airline lobby moves Delhi HC against regional connectivity levy

In its plea, FIA says the levy is a tax and is beyond the scope of executive competence under Aircraft Act, 1934

Tigerair, SilkAir keen to link Bhubaneswar with SE Asian hubs

Though Bhubaneswar airport became international in October 2013, no direct international flight has taken off yet