CEO David Shepherd calls for 'fair competition' between national and international carriers
India stands out as a major purchaser of aircraft, with major domestic airline operators such as Air India and IndiGo placing two of the world's largest aircraft orders with Airbus and Boeing
India is one of the most competitive aviation markets in the world and there is also a lot of competition in the market, IndiGo CEO Pieter Elbers said on Tuesday. IndiGo is the country's largest carrier with a domestic market share of more than 63 per cent and is also expanding its international operations. The airline connects 32 international and 81 domestic destinations. According to Elbers, India is an incredible and one of the most competitive aviation markets in the world. IndiGo is going through a "maturing phase", he said and stressed on the need for having aviation hubs in India, which is under served. Elbers was speaking at the conference of the All India Management Association (AIMA) in the national capital.
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
To raise the money, Akasa Air has approached potential investors which include PE firms and high-net-worth individuals
At its highest, one-way fare for a Delhi to Leh flight in May stood at a whopping Rs 43,519, which is more than thrice the prices a year ago, Rs 14,334
The decision is likely to hurt United Airlines which has been forced to stop its direct flights from New Delhi because of the closure of Russian airspace for US carriers
There are "massive opportunities" in the vibrant Indian aviation market, the International Air Transport Association (IATA) Director General Willie Walsh said on Monday. Talking about the Indian market, he highlighted that there are CEOs of two Indian airlines on the Board of Governors (BoG) of IATA and it is the first time that has happened. "It reflects the opportunity and vibrancy... there are massive opportunities and we are really excited about the future of aviation in India," he told a media briefing on the sidelines of the IATA Annual General Meeting (AGM) here. Air India CEO and Managing Director Campbell Wilson and IndiGo CEO Pieter Elbers are among the 31 airline CEOs on the BoG. On Monday, IATA announced that Elbers will serve as Chair of the BoG from June 2024. India is one of the fastest growing aviation markets in the world and Air India has embarked on an ambitious expansion plan, while IndiGo is set to fly to more international destinations. Earlier this year, Ai
This has added to the troubles of passengers who were already frustrated by long-traffic jams, cancellation of app-based cab services to and from the airport, and skyrocketing flight ticket prices
Go First had blamed the non-delivery of engines by the US engine manufacturer Pratt & Whitney for its failure to operate
"A full refund will be issued to the original mode of payment shortly," the letter read
According to company management, there is no change in the plan to add more aircraft, which was decided before Go First was grounded
Air operator's permit (AOP) is a prerequisite for any airline to commence commercial operations
"Big-5 grew not just at the expense of the smallest firms, but also of the next largest firms," Viral Acharya wrote
Go has been facing financial challenges for a long time now. Earlier, it had sent its employees on long unpaid leaves
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This is the first performance review of employees since the Tata Group took control of Air India
Go First asked for compensation for the malfunctioning engines that resulted in business losses, PW refused to pay the money, which resulted in a violation of the contractual agreement
Indian aviation market is "large enough to accommodate all players profitably" and irrespective of what competitors do, the airline is focused on its strategies, leading Gulf carrier Emirates has said amid Air India ramping up its fleet and operations. Emirates, which operates only wide-body A380s and B777s, flies to nine Indian cities and operates 167 weekly flights to the country. A senior Emirates executive said the expansion of Air India might push airports to improve their services, which will be a positive development for all other airlines, Indian customers as well as the aviation and travel industries as a whole. "Air India flying to new international routes might also have a positive (effect) on Emirates. When a new route is operated by an airline, then that could result in increased traffic demand and the particular airline might not be able to cater to the demand. "As a result, the potential customers will look at other carriers and that can have a positive impact," ...
India's SpiceJet Ltd reported a nearly five-fold surge in third-quarter profit on Friday, as the embattled low-cost carrier benefited from soaring demand for air travel