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Page 14 - Indian Aviation

Five-year transformation goal: Air India eyes 30% domestic share

Air India, as it operates wide-body planes with bigger fuel tanks, is the market leader on long international routes that reach as far as the US

Five-year transformation goal: Air India eyes 30% domestic share
Updated On : 15 Sep 2022 | 11:11 PM IST

DGCA reviews breath analyser test guidelines as air traffic soars

It also said that before every use, the BA equipment should be sanitized using UV sterilizers and integrity and sanitary condition of BA tubes should be maintained

DGCA reviews breath analyser test guidelines as air traffic soars
Updated On : 14 Sep 2022 | 4:11 PM IST

Domestic airline industry may report up to Rs 17k-cr loss in FY23: Report

Domestic airlines industry is expected to report a net loss of around Rs 15,000-17,000 crore this fiscal on account of elevated price of Aviation Turbine Fuel (ATF) and a weak rupee, a report said on Wednesday. The losses for the industry in the previous fiscal were estimated at around Rs 23,000 crore, credit ratings agency Icra said in its report. However, the debt levels for the industry are expected to be at around Rs 1 lakh crore (including lease liabilities) as on March 31, 2023, as per the ratings agency. Any positive or negative movement in rupee against the US dollar and any increase or decrease in the jet fuel prices have a major bearing on the cost structure of airlines as in India, ATF accounts for around 45 per cent of the operational cost of an airline while as much as 35-50 per cent of the airlines' operating expenses are US dollar driven. Two listed airlines -- IndiGo and SpiceJet -- have reported losses to the tune of Rs 1,064 crore and Rs 789 crore, respectively, i

Domestic airline industry may report up to Rs 17k-cr loss in FY23: Report
Updated On : 07 Sep 2022 | 11:11 PM IST

IndiGo's new CEO Pieter Elbers takes over, eyes 'new frontiers'

Known for his decisiveness, new chief will have his task cut out as domestic competition heats up

IndiGo's new CEO Pieter Elbers takes over, eyes 'new frontiers'
Updated On : 06 Sep 2022 | 11:28 PM IST

Air India to redesign flight schedules to improve OTP: CEO Wilson

Air India's on-time performance at four metro airports -- Bengaluru, Delhi, Hyderabad and Mumbai -- was 83 per cent in July: DGCA

Air India to redesign flight schedules to improve OTP: CEO Wilson
Updated On : 02 Sep 2022 | 10:33 PM IST

How can SpiceJet fly out of its existential crisis?

Electric vehicles are set to take India by storm. Foreign as well as domestic companies have lined up a host of variants. The stage is set for the electric vehicle revolution in India. Here's more

How can SpiceJet fly out of its existential crisis?
Updated On : 02 Sep 2022 | 8:03 AM IST

India's air traffic may grow annually by average 7% till 2040: Boeing

Boeing said on Thursday that India has on average 23 million people travelling using trains daily and even if one per cent of them shift to the aviation market, the air traffic will double

India's air traffic may grow annually by average 7% till 2040: Boeing
Updated On : 01 Sep 2022 | 10:34 PM IST

Capt R S Sandhu to continue as Chief of Operations of Air India

Air India announced that Captain Rajwinder Singh Sandhu will continue to lead as Chief of Operations of the airline till further notice

Capt R S Sandhu to continue as Chief of Operations of Air India
Updated On : 30 Aug 2022 | 11:33 PM IST

DGCA to deregister two more SpiceJet aircraft on lessor's request

Earlier in August, DGCA had deregistered four SpiceJet planes after two lessors' requests

DGCA to deregister two more SpiceJet aircraft on lessor's request
Updated On : 28 Aug 2022 | 6:08 AM IST

Drunk man delays Dubai-bound IndiGo flight with hoax bomb threat

A bomb threat call was received to a Dubai-bound private carrier on Saturday following which the checks were underway to ascertain if any explosive items were planted in the aircraft, officials said. An anonymous call was received at the police control room in this connection following which the airport police were alerted. Subsequently, security agencies were conducting searches inside the Indigo aircraft that was ready for departure at 7.20 am with around 160 passengers, airport officials said. An enquiry was on to trace the caller.

Drunk man delays Dubai-bound IndiGo flight with hoax bomb threat
Updated On : 27 Aug 2022 | 12:24 PM IST

Supply chain disruption a challenge but IndiGo CEO sure of capacity growth

Foresees 13% capacity growth, hints at likelihood of aircraft lease extension; airline is seeing passengers moving from rail and other modes on short duration routes

Supply chain disruption a challenge but IndiGo CEO sure of capacity growth
Updated On : 26 Aug 2022 | 10:38 PM IST

Air India to restore staff salaries to pre-Covid level from Sept 1

Air India will restore salaries that were cut in the wake of the coronavirus pandemic from September 1, according to a communication. The loss-making airline, which was taken over by Tatas in January this year, has also decided to revise crew layover allowances and meal arrangements from September 1. In the communication to the employees, Air India CEO and Managing Director Campbell Wilson said the airline "will be restoring the salary reduction for all employees with effect from September 1, 2022". While the airline has much to do to return to profitability, "sunsetting most of the COVID measures is an important and welcome milestone", he said. The coronavirus pandemic had significantly impacted the airline industry, and the operators had resorted to cost-cutting measures, including salary reductions, to manage their financials.

Air India to restore staff salaries to pre-Covid level from Sept 1
Updated On : 26 Aug 2022 | 2:46 PM IST

Why Capt Zoya Agarwal's flight into US aviation museum is significant

Becomes first female Indian pilot to join those who've contributed to advancement of commercial aviation

Why Capt Zoya Agarwal's flight into US aviation museum is significant
Updated On : 24 Aug 2022 | 9:48 AM IST

India to see 400 mn air travellers in 7-10 years, says Jyotiraditya Scindia

India is expected to see a total of 400 million air travellers in the next 7 to 10 years, Civil Aviation minister Jyotiraditya Scindia said on Tuesday. He also said there are tremendous growth opportunities for domestic airlines and they are expected to have a fleet of 1,200 planes in five years. There were around 200 million air passengers, including domestic and international travellers, pre-pandemic and the number is expected to double to 400 million over the next 7 to 10 years, the minister said. Speaking at a conference organised by industry body Assocham, Scindia said the country is projected to have a total of 220 airports, including heliports and aerodromes, by 2026. The country's civil aviation sector is on the recovery path after being hit by the coronavirus pandemic.

India to see 400 mn air travellers in 7-10 years, says Jyotiraditya Scindia
Updated On : 24 Aug 2022 | 1:22 AM IST

Before his death, Jhunjhunwala & family became Akasa's biggest shareholders

Three trusts named after his twin sons and daughter now hold 27% stake in firm; combined family holding at 46%

Before his death, Jhunjhunwala & family became Akasa's biggest shareholders
Updated On : 22 Aug 2022 | 9:24 PM IST

DGCA debars air traffic controller for using psychoactive substance

The Directorate General of Civil Aviation (DGCA) has penalised an air traffic controller (ATC) at the Delhi Airport after he tested positive for a psychoactive substance

DGCA debars air traffic controller for using psychoactive substance
Updated On : 22 Aug 2022 | 12:40 PM IST

Explained: What is PNR data, why will Indian airlines have to share it?

This information will be used by the Customs department for surveillance and risk assessment of international passengers

Explained: What is PNR data, why will Indian airlines have to share it?
Updated On : 18 Aug 2022 | 8:16 PM IST

SpiceJet enters into settlement with aircraft lessor Goshawk Aviation

Goshawk Aviation Limited is one of the main lessors of Max aircraft of SpiceJet, the airline's statement noted

SpiceJet enters into settlement with aircraft lessor Goshawk Aviation
Updated On : 16 Aug 2022 | 3:45 PM IST

Will India's newest airline Akasa's launch help bring down airfares?

Akasa Air took off from the runways of Mumbai airport on Sunday, hotting up competition in the Indian sky. What strategy is Rakesh Jhunjhunwala-backed budget carrier adopting to stay afloat?

Will India's newest airline Akasa's launch help bring down airfares?
Updated On : 09 Aug 2022 | 7:00 AM IST

Civil aviation sector to employ 100,000 more people by 2024: Ministry

During 2019, 2020 and 2021, at least 2,368, 400 and 296 pilots were recruited, the aviation ministry stated

Civil aviation sector to employ 100,000 more people by 2024: Ministry
Updated On : 08 Aug 2022 | 11:09 PM IST