Page 46 - Aviation Sector

Airlines may go telcos' way if low-fare regime does not end: SpiceJet CEO

If Indian airlines do not follow pricing discipline, they will see a similar financial strain: Ajay Singh

Warburg Pincus sells airline services firm Accelya to Vista Equity Partners

Warburg Pincus bought Accelya from French private equity firm Chequers Capital in 2017

Boeing drops automation system used to build 777 jets on reliability issue

Boeing had faced delays last year when the fuselage automated upright build machine was tried out on existing versions of the 777

Restructuring to save South African Airways $47 bn, but affect 944 jobs

If you look at the 944 employees (who could lose their jobs), it's estimated, depending on how the process pans out, it could save the company about 700 million rand.

More flights for Saudi Arabia as govt hikes seat quota by 78% to 50,000

Indian carriers don't oppose proposal to hike the quota as there is limited onward traffic over Saudi Arabia

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

Hindujas not planning to invest in India's aviation sector: Dheeraj Hinduja

Hinduja is a diversified group present across 38 countries, with interests in automobiles, power, chemicals, finance and other sectors

Festive season fails to lift air travel demand despite flash sales

Aviation experts blamed low business activity, muted consumer sentiment and closure of Jet Airways as main reasons for the lower number of passengers flying

Fly with caution

With growth hitting a new low, the Indian aviation sector needs to tread carefully

How Pakistan can hurt Indian aviation by closing its airspace

The financial implications of aircraft flying West from Delhi being forced to take circuitous routes to at least 27 destinations would be severe

Our charges least among 50 major airports across the world, says DIAL

DIAL is expected to build the fourth runaway, taxiways and carry out expansion of terminals between 2019 and 2024

Budget 2019: Tax reforms and sops must for plane leasing, say analysts

At present, a draft bill has been moved to give primacy to aircraft repossession rules over all other existing laws

Budget 2019 suggests greater role for insurance, aviation to revive growth

Finance Minister Nirmala Sitharaman unveiled the proposals while presenting the budget for the fiscal year ending March 31, 2020 to parliament

India, China to account for half of air passenger growth in 2 decades: IATA

IATA said the negative growth in the Indian market was temporary

SpiceJet offers valuation comfort; best play among aviation stocks: Experts

At the bourses, Jet Airways, InterGlobe Aviation and SpiceJet have underperformed the benchmark S&P BSE Sensex so far in FY19.

TiE urges low-cost carrier Indigo to consider more flights from Bhubaneswar

The delegation also urged Indigo to start services to Odisha's second commercial airport - Veer Surendra Sai Airport in Jharsuguda

Don't have firms to establish helicopters business in India: Jayant Sinha

The people of Himachal Pradesh are desperate to have these helicopter shuttles because it will really push the tourism in an incredible way, says Jayant Sinha

Indian airlines likely to shrink losses by two-thirds in 2020: CAPA India

Domestic air traffic is forecast to rise by 14 to 16 per cent in financial year 2020, CAPA India said

Exit the cockpit

Lenders must ensure Jet promoters lose operational control

Indian carriers to order up to 2,300 planes over next 20 years: Boeing

India is one of the world's fastest-growing aviation markets, with domestic passenger traffic growing at around 20% in recent years