April aviation data shows Indigo making up most of the market share in April at 57.5% with Vistara and Air India following behind
Aviation analytics firm says Air India may be able to boost domestic flights if 17 of its grounded planes are brought back to service soon
The average daily international flights fell by 1.74 per cent in the week
The airline has indicated to the civil aviation ministry it would be able to start operations in around two weeks
Load factor of market leader IndiGo shows second biggest rise
"Big-5 grew not just at the expense of the smallest firms, but also of the next largest firms," Viral Acharya wrote
The celebrated engine-maker has landed in a controversy with Go First blaming it for its bankruptcy
In which we munch over the week's platter of news and views
The lure of aviation has proven particularly attractive - and brutal - for wealthy entrepreneurs, eager to enter a burgeoning sector and wooed by the status of owning an airline
Engines are not the only problem for Go First
IndiGo, which was also hit by engine woes, carried out more flights
This long-term global distribution partnership will support Air India's ambitious growth plans, said Air India's Chief Commercial & Transformation Officer
Goa-based carrier is promoted by former executives of Fairfax and Kingfisher
First phase focused on addressing legacy issues, strengthening fleet, upgrading systems and hiring
Tensions over plans to transform AI into a global airline with hundreds of new jets rippled across aviation sector as foreign carriers clamoured for more access to the world's fastest-growing economy
Indian airlines are projected to record a consolidated loss of USD 1.6 to 1.8 billion in the next financial year, aviation consultancy CAPA India said on Monday. The full service carriers are expected to incur a loss of USD 1.1 to 1.2 billion. According to CAPA India, Indian airlines are estimated to have a net induction of 132 planes next fiscal and will take the total fleet of all carriers to around 816 aircraft. While announcing its outlook for 2023-24, CAPA India also said that more than 100 planes of various Indian carriers are on the ground due to supply chain and non-supply chain issues.
SpiceJet has also decided to buy AS Air Lease in the settlement with aircraft lessor Castlelake
Spicejet's market share slipped to 7.3% in January from 7.7% in December
The country's airline industry is poised for expansion with more than 1,100 planes on order by various domestic carriers. After more than 17 years, Air India, now owned by Tata Group, on Tuesday placed orders for a total of 470 planes with Airbus and Boeing. The total order, comprising wide-body and narrow-body aircraft, is the largest so far by an Indian carrier and also one of the largest single aircraft orders in the world. The country's largest airline IndiGo has around 500 planes on order and Akasa Air has placed an order for 72 Boeing narrow-body aircraft, out of which 16 planes have been delivered. That leaves Akasa Air with 56 aircraft on order. Go First, earlier known as Go Air, has 72 planes on order while Vistara is to receive 17 more Boeing planes. Together, Air India, IndiGo, Akasa Air, Go First and Vistara have at least 1,115 planes on order. Currently, there are around 700 commercial aircraft in the country, with a majority of them being narrow-body or single-aisle
Domestic airlines reported 2,613 significant technical snags in their planes in the last five years, Union minister V K Singh told the Lok Sabha on Thursday. The Minister of State for Civil Aviation said the regulations require occurrences relating to system and component failure to be reported to the Directorate General of Civil Aviation (DGCA). "These occurrences, based on their severity are investigated either by the concerned airlines under the supervision of the DGCA or by the DGCA under Rule 13(1) of the Aircraft (Investigation of Accidents and Incidents) Rules, 2017," he said in a written reply. Giving details, Singh said there were a total of 2,613 "significant technical snags" reported by various airlines in the country during the 2018-2022 period. In this period, IndiGo reported 885 snags, SpiceJet (691), Vistara (444), Air India (399), AirAsia (India) Ltd (79), Go Air (54), TruJet (30), Alliance Air (13), Blue Dart Aviation (7), Akasa Air (6) and Fly Big (5), as per the