InterGlobe Aviation Q1: A strong revival in air passenger traffic going ahead, coupled with better cost management, and network (route) expansion may support IndiGo's profitability in the medium term
Once an investor darling, SpiceJet is now the worst-performing airline stock in Asia, fighting a run of negative publicity triggered by a slew of seemingly innocuous but frequent technical glitches
Delhi-Shimla route is among nine that airlines plan to launch in the next 50 days under the civil aviation ministry's Udan scheme
The Indian aviation sector is seeing headwinds like the Information Technology (IT) sector, where higher attrition rates have forced the management to dole out benefits like double-digit pay hikes
Union Aviation Minister Jyotiraditya Scindia, who is on a nine-day visit to the US and Canada, met Canadian Transport Minister Omar Alghabra on Wednesday
Pent-up demand and accelerated economic recovery also pushed the air passenger numbers higher during the month under review
This is the highest single day passenger traffic since resumption of air travel in May 2020
IndiGo is unperturbed by criticism as well as calls from smaller rival SpiceJet for airlines to work together to raise fares, even if that causes a slight dip in bookings
Under Public Private Partnership (PPP), Delhi and Mumbai airports were handed over to the private partners in 2006
Airline executives said the increase in flights in summer will be based on market demand
The move is expected to boost international capacity and will help soften airfares, which have been soaring due to increased demand and rise in crude oil prices
Kadapa will be the 73rd city in the country to be connected with IndiGo flights, the airline said in a release
The country's civil aviation sector was significantly impacted by the coronavirus pandemic and the sector's loss was around Rs 19,000 crore in the last fiscal ended March 2021
Late last month, the Tatas took over the airline from govt and are now putting in place various steps to enhance customer service, improve meals and operate flights with minimum delays
Competition is expected to soar in India's aviation sector during 2022, as new players enter the industry along with deeper penetration of air transport in hinterland
The civil aviation sector, which was battered by the coronavirus pandemic that had also resulted in the suspension of domestic and international flight services, is slowly on the recovery path
Scindia has been urging states and UTs to reduce Value Added Tax (VAT) on Aviation Turbine Fuel (ATF)
This restriction does not apply to international all-cargo operations and flights specifically approved by the DGCA
A revamped Alternative Mechanism, the option of closing down the airline and removal of aviation ministry helped seal a deal that had found no takers for years
In late 2001, after the Twin Towers fell, the aviation industry experienced many of the problems it is seeing now. Airlines bled