Page 3 - India Aviation

India's aviation mkt growth needs to be matched with capacity: Emirates CCO

Indian aviation market's pace of growth needs to be matched with capacity, and increased competition will provide more choices for consumers, Emirates Airline Deputy President and Chief Commercial Officer Adnan Kazim has said, as he pitched for increased bilateral flying rights between Dubai and India. On whether Emirates is looking for partners in India, Kazim said it is open to any such future engagements if there is an appetite in an Indian airline for that sort of dialogue and engagement. For the full-service carrier, he said India is a top-tier market, and the demand today is exceeding the current capacity offered in the country. Currently, the airline operates direct flights to nine Indian cities from Dubai. Over the years, the airline has been pitching for enhanced bilateral rights between the two countries, which is currently at 65,000 seats per week, to operate at a higher capacity to meet the rising travel demand. "India has always remained an important market for Emirat

'India a big market; good to have stronger Lufthansa-Air India partnership'

India is a big aviation market and a stronger partnership between Air India and Lufthansa is good, as efforts of the Star Alliance are to bring the partners together to provide a unique value proposition for the passengers, the airline grouping's CEO Theo Panagiotoulias has said. Air India and Lufthansa are part of the Star Alliance, whose 26 member airlines come together at more than 50 global hubs to offer smooth connections across a global network. A management company, based in Frankfurt and Singapore, coordinates Star Alliance projects and activities. It includes airport co-location, digital infrastructure, frequent flyer integration and joint business lounge projects to improve the travel experience. Talking to PTI on the sidelines of IATA annual general meeting in Dubai this week, Panagiotoulias was bullish about the prospects in the Indian market that offers "so much of opportunities". "The alliance is to bring the partners together to provide a unique value proposition...

Delhi HC asks SpiceJet to pay Rs 50 cr or face grounding of two engines

Justice Pratibha Singh instructed the SpiceJet counsel to obtain guidance by May 3 regarding the feasible time period for SpiceJet to pay Rs 50 crore to its lessors

India among top 5 developing countries in aviation emissions in 2019: Study

In 2019, India was among the top five economically developing countries in terms of carbon dioxide (CO2) emissions from aviation, a new research has found. Calculating "nearly real-time" aviation emissions using global flight data, researchers found that overall, the US, China and Great Britain were the topmost contributors, with 22 per cent, 14 per cent and roughly four per cent share. However, among the economically developing countries, India was found to be the third biggest contributor with close to three per cent share in global CO2 emissions from aviation, following China at 14 per cent and the United Arab Emirates (UAE) at more than three per cent. The research team at the Norwegian University of Science and Technology also found that India's share in global CO2 emissions from domestic aviation was the third highest at 1.5 per cent. "The countries with the highest absolute domestic aviation CO2 emissions (global percentage share in total CO2 aviation emissions in parenthese

IndiGo world's third largest airline by mcap as shares hit record high

In December 2023, IndiGo airline surpassed United to become the sixth largest airline in the world

Fly91 to operate first commercial flight from Goa to Bengaluru on March 18

DGCA has given the air operator permit to Fly91 on March 6

'Scarred' and 'egregious': Global lessors frustrated by Go First case

Lombardi noted that the process of reclaiming planes has shown gradual improvement since the bankruptcy of Kingfisher Airlines, through Jet Airways' insolvency, and onward

Flying high: Big spike in airfares, demand for hotels during Holi week

Holi falls on March 25 this year, whereas it was celebrated on March 8 last year

Boeing 'undoubtedly' making progress on quality issues: Avolon CEO

Boeing has been under fire from regulators and airlines over a succession of quality issues that have snagged production and development timelines

Financiers grapple with plane shortage issue amid Boeing MAX crisis

For months, aviation has been struggling to keep pace with a post-pandemic travel boom amid labour and parts shortages

Here's what airlines, regulators are doing about Boeing 737 MAX 9 jets

The Federal Aviation Administration (FAA)'s move comes after the aircraft had been grounded since a mid-air blowout on an Alaska Airlines jet on Jan. 5

Malaysia Airlines aims to expand in India; eyes codeshare pact with carrier

Bullish on the "important" Indian aviation market, Malaysia Airlines will soon have a deep codeshare partnership with an Indian carrier as well as further expand its operations to the north east and southern destinations in the country, according to a top official. Malaysia Airlines, the national carrier that is part of the Malaysia Aviation Group, operates a total of 69 weekly flights to nine Indian cities. In an interview with PTI, Captain Izham Ismail, Group Managing Director of Malaysia Aviation Group, said, "India is an important market for us and we want to be part of the success story of India as a country". The airline, which has implemented a financial restructuring and is on the revival path, connects nine Indian destinations to Malaysia. The cities are Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, Kochi, Amritsar, Ahmedabad and Thiruvananthapuram. Apart from crossing its pre-pandemic levels of operations in the Indian market, the carrier, this month, increased its freque

IndiGo cornered bigger share of India's skies in 2023, shows DGCA data

Overall, Indian airlines carried 153.2 million domestic passengers in 2023 compared to 123.2 million in 2022, recording an annual growth of 23.36 per cent

The right flight path

DGCA aligns Indian rules with global norms

Akasa Air inducts two new Boeing aircraft, total fleet rises to 22

Indian regulations mandate that carriers must have at least 20 aircraft in their fleet to be eligible for international flights

SpiceJet's resurgence could disrupt Indian aviation market: CAPA India

Earlier this month, cash-strapped SpiceJet announced it is going to raise a total of Rs 2,241.5 crore through issuance of equity and warrants

Establishment of aviation ombudsman needs deliberations: Aviation secretary

Airlines free to charge fees for preferential seats during web check-in: Aviation secretary

Navi Mumbai international airport's commercial launch expected in Dec 2024

The airport is expected to fly 12 million passengers in the first year of operations

Grounding 200 aircraft to have minimal impact on passenger traffic: Report

The likely grounding of 200 aircraft by March next year will have minimal impact on air passenger traffic, according to a report. Air passenger traffic is expected to reach about 375 million passengers, 1.09 times of pre-pandemic levels, in the current fiscal, the report by credit ratings agency CareEdge said. Research and advisory firm CAPA India had late last month said Indian airlines fleet continues to be severely constrained and close to 200 aircraft may go out of operations by the end of FY24 due to supply chain issues and maintenance purposes. "Despite the projection of around 200 aircraft being grounded by March 2024, the impact on traffic is expected to be minimal, at 3-4 per cent," CareEdge Ratings Director Maulesh Desai said. This is attributed to the extension of wet leases and an increase in passenger load, he said. Noting that passenger traffic will reach new heights in the next fiscal, with a healthy Compounded Annual Growth Rate (CAGR) of 14 per cent from FY23 to F

Indian carriers could incur up to $1.2 bn per year for 200 grounded planes

The standard monthly cost an active aircraft incurs is about $1 million and if it's grounded, the cost comes down to $0.5 million, according to CAPA's 'conservative' estimates