Page 8 - Indian Airlines

IndiGo should be compared with global carriers, not domestic: CEO Elbers

Outlook should be broader and ask why Indian carriers have a small share in international routes, he says

Go First lenders approve Rs 100 crore of CIRP cost with 98% vote

The airline stopped flying on May 3 and approached for initiation of the CIRP against it as it was unable to fly due to technical difficulties faced by the non-availability of engines

Indian airlines expected to report net loss of Rs 5,000-7,000 cr in FY24

Indian airlines are expected to see a sharp drop in net losses to Rs 5,000-7,000 crore this fiscal as they continue to witness healthy passenger traffic growth and improvement in their revenue, rating agency ICRA said on Thursday. The net loss would be much lower compared to the Rs 11,000-13,000 crore loss the industry is estimated to have reported for 2022-23 due to elevated aviation turbine fuel prices, coupled with depreciation of the rupee against the US dollar, it said. The airlines have improved the cost of available seat kilometre to the cost of available seat kilometre (RASK-CASK) spread through better pricing discipline, it said. According to the rating agency, the domestic aviation industry continues to face challenges despite witnessing a healthy recovery in air passenger traffic because of sequential increase in aviation turbine fuel (ATF) prices and depreciation of the value of rupee against the US Dollar. It said domestic air passenger traffic rose 26 per cent to arou

DGCA accepts Go First's resumption plans, subject to some conditions

On July 19, Go First had provided the information sought by DGCA following the special audit of its facilities in Delhi and Mumbai

AAI revamping 23 airports across the country to boost traffic handling

Indian airlines are expected to add 132 aircraft in 2023-24 (FY24) to tap into the surging passenger demand, according to CAPA India

Top headlines: Spicejet most delayed airline, Twitter rival to launch Thurs

Business Standard brings you the top headlines at this hour

SpiceJet most delayed Indian airline as travel season takes a toll

With the busy summer travel season arriving, only 61% of SpiceJet's flights departed on time from the country's four biggest airports - Mumbai, Delhi, Bengaluru and Hyderabad - in May

All airlines post above 90% load factor for 2nd straight month: Govt data

Go First's suspension of flights from May 3 turns boon for other Indian carriers

Go First seeks up to $122 mn in additional funds: Banking sources

Go First, the Indian airline under bankruptcy protection, has asked for between $122mn in additional funds from lenders to resume operations in July

Fluctuations in airfares likely to continue, says IndiGo CEO Pieter Elbers

Airfares in India shot up last month as the demand for travel increased and simultaneously half of Go First's fleet was grounded due to a disruption in the supply of Pratt & Whitney jet engines

Air India upgrading crew rostering, customer notification system: Wilson

Air India is also upgrading its customer notification systems and processes to make them "less manual, more accurate and to utilise new channels such as WhatsApp" Wilson told employees

Air India, IndiGo add Leh and Srinagar flights to fill gap left by Go First

Despite heavy demand from across the country, the daily average number of passengers headed to Srinagar dropped to 11,500-12,000 last month from 17,500-18,000 a year ago

Foreign airlines have reaped benefits of growing Indian market, says Wilson

'The structure that has prevailed has not been conducive for a healthy industry'

Average daily domestic passenger traffic in May not hit by Go First's exit

Other airlines' occupancy rate zooms past 90%

Streamline rapid disembarkation procedures for passenger safety: DGCA

In response to importance of swift disembarkation during emergencies, DGCA directed airline operators to incorporate comprehensive protocols in their operations, safety, emergency procedures manual

GE eyes India boost as foreign travel spurs demand for bigger planes

Airlines in India, a country of 1.4 billion people, still have just 50 widebody planes deployed for long-haul travel, something GE sees changing as more Indians splurge on travel

Unruly passenger behaviour incidents not helpful, says Air India CEO

Air India needed to and has taken a firm line on unruly passenger behaviour onboard aircraft, which is also an international airline industry problem, and it is clearly not helpful when such incidents happen, according to Air India chief Campbell Wilson. There have been multiple incidents of unruly passenger behaviour, including abusing and assaulting of cabin crew, onboard planes in recent months. In various cases, the aviation regulator DGCA has also taken action against airlines for certain lapses in reporting and not taking appropriate measures with respect to such incidents. In an incident of unruly passenger behaviour, a male passenger onboard an Air India flight from Goa to Delhi on Monday physically assaulted a crew member. Wilson, who is the CEO and Managing Director of Air India, said that unruly passengers are an international industry problem and that such incidents continue to happen. "As an airline, we needed to and have taken a firm line on unruly behaviour onboard .

Go international for more profits: Aviation Minister Scindia tells airlines

Scindia responded that India is going to have 50 flying training organisations by the end of this year

India's airlines: Both Go First and bankruptcy laws need a rescue

Insolvent airline Go First will be a test of whether the country is ready to rebalance creditors' rights and shareholders' privileges

Domestic air passenger traffic increased in India by 22.2% in April

AirAsia India's passenger numbers jump by 65.71%, highest growth among all major carriers