DGCA data shows that airlines had to shell out Rs 3 crore to settle claims arising from such complaints
AirAsia India has introduced a Pay Day sale with prices as low as Rs 1,499. The idea of the Pay Day sale is to make short aerial routes like Delhi-Jaipur affordable for all
In the last two years, the aviation sector has been significantly impacted due to the travel restrictions imposed in India and other countries in view of the Covid-19 pandemic
China, which is still clinging onto its zero COVID strategy and experiencing significant lockdowns in its major cities, is expected to see deterioration in its domestic air travel market in March
Domestic air travel in India is recovering from the pandemic
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The government has set minimum and maximum fares for domestic flights and these are applicable for up to a fortnight
The ratings agency also estimates that the industry will require an additional funding in the range of Rs 20,000-22,000 crore during FY22-FY24
The airline, which currently has 50 planes, aims to have 70 planes by the end of 2023 after taking into account some aircraft that will be returned to lessors
The country's civil aviation sector was significantly impacted by the coronavirus pandemic and the sector's loss was around Rs 19,000 crore in the last fiscal ended March 2021
The rating agency said it is expecting the recovery process to remain subdued during March quarter and that the jet fuel prices continue to be a drag on the sector
This would be 44% higher than the Rs 13,853 crore loss reported last year, agency says
While IndiGo continues to retain the top spot in market share, Go First overtook SpiceJet
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Increased occupancy coupled with upward revision in fare bands by the government has translated into higher fares during the festive season
Over 327,000 passengers took 2,372 flights, half of which were operated by IndiGo
The move will enable airlines to operate more flights and will push up passenger loads with the onset of festive season next month
Industry wise seat occupancy in August stood at 70.2 per cent
This is aimed at improving accessibility between metros and tier-2 or tier-3 cities.
While IndiGo carried 2.9 million passengers in July, a 58.6 per cent share of the domestic market, SpiceJet flew 456,000 passengers