Page 10 - Indian Airlines

Policy must to ensure airlines maintain 4-6 months of cash reserves: CAPA

Indian airlines industry will continue to be sick unless there are policies in place to ensure that the operators have at least 4-6 months of cash kept in reserves for continuity of operations, according to global consultancy and aviation firm CAPA. CAPA said it estimates the domestic airline industry could post losses to the tune of USD 1.4-1.7 billion or more losses this fiscal. The two listed airlines, IndiGo and SpiceJet, have already reported losses of Rs 1,064.30 crore and Rs 789 crore, respectively, in the April-June quarter of the current fiscal. Financial fitness is a fundamental criterion of operating (globally)India is the only country where technically insolvent companies can expand, can continue to operate, Kapil Kaul, CEO for South Asia at CAPA, said at an industry event in Mumbai recently. He said going by the global practice, the airlines have to ensure that they have at least 4-6 months of cash reserves when no revenue is coming in while their air operator permits

Federation of Indian Airlines withdraws petitions against AirAsia, Vistara

The Delhi High Court on Friday allowed the withdrawal of the two petitions ending eight year old litigation between FIA and Tata-group owned airlines

Moscow-Delhi flight arrives safely after bomb threat; search underway

Situation at Indira Gandhi International Airport became chaotic after the Delhi Police received a PCR call about a bomb in a flight that was coming from Moscow

Financial status of Indian airlines likely to remain under pressure: ICRA

The financial performance of Indian airlines is likely to remain under pressure in the near term, even as recovery in domestic passenger traffic has been healthy, said Corporate Rating firm ICRA

Star Air inaugurates direct flight services between Mumbai and Kolhapur

/ -- Star Air, the aviation arm of Sanjay Ghodawat Group, inaugurated its direct flight services between Mumbai and Kolhapur under the Regional Connectivity Scheme. The launch of Kolhapur not only celebrates the expansion of Star Air's travel route but also marks the airline's homecoming, as it serves as the base of Sanjay Ghodawat Group's operations. With Kolhapur transitioning itself into a commercial hub, Star Air looks forward to serving its passengers with seamless connectivity, utmost care and comfort by reducing the current 8-10 hour travel time via road and rail to just under an hour. Owing to its spiritual history, Kolhapur is also known as 'Dakshin Kashi'. Not only is it one of the oldest civilizations in the country, but it has also become an important industry and tourism hub. Famous for its agricultural and manufacturing industry, pilgrim sites, jewellery, leather chappals, historical monuments, and sports, particularly wrestling, it is a confluence of culture and ...

Airlines face difficulty in operating at full capacity amid low demand

The travel sentiment was impacted by several waves of the Covid-19 pandemic, people postponed travel plans to protect their savings. In this, high travel fares impacted the demand negatively

Flying on time: TCS-developed app powers AirAsia India's punctuality record

At No 3 in early 2022, the airline has topped the on-time performance for five straight months since April

Race for net-zero emissions: Indian airlines take off on sustainable fuel

GREEN DEAL: Air India, AirAsia India, Vistara ink MoU with CSIR-IIP for sustainable aviation fuel

Air India extends validity of frequent flyer points till March 31, 2023

Air India has extended the validity benefits under Flying Returns, the airline's 'Frequent Flyer' programme, till March 31, 2023

Can Air India become the Maharaja of Indian skies again?

Air India has unveiled a five-year transformation plan that is expected to triple its domestic market share. So, can Air India become the 'Maharaja' of Indian skies again? Let us find out

SpiceJet reintroduces option to lock fare for 48 hours with 'SpiceLock'

SpiceJet announced the reintroduction of 'SpiceLock', a unique service that allows passengers to lock their desired fare for 48 hours without name

Flying economy, premium economy, business, first class: What's the deal

Air India says it will offer premium economy service when it buys new aeroplanes

Fugitive hijacker of 1981 IA flight reveals Pak location via social media

Gajinder Singh, an accused of the hijacking of an Indian Airlines airplane to Lahore in 1981, has reportedly revealed his current location in Pakistan through a social media post

Akasa, IndiGo slash fares as competition heats up in domestic market

Prices lower by 20-25% on Akasa Air's three routes, discounts being offered even for close-in travel

Could an Indian airline be in race for SriLankan Airlines stake buy?

Even if things improve, it would be hard to keep funding the airline's operations, as the airline has been bleeding money for a while.

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

SpiceJet settles dispute with lessor, seeks Rs 200-cr loan to clear dues

The airline on Tuesday announced that it had entered into a settlement with the lessor and its affiliates over a payment dispute related to three Boeing 737 aircraft

Airline glitches: Aircraft maintenance sector in dire need of maintenance

Pool of engineers increasing every year, though jobs have failed to keep pace

Akasa looks to undercut IndiGo as battle for cheapest airfares heats up

A week ahead of its maiden flight, airline is offering 10% lower fares on Mumbai-Ahmedabad route

Airlines have now posted qualified engg personnel at all stations: DGCA

"All airlines have informed that all stations have now been manned by type rated certifying staff by sending them on either 'temporary posting' or 'on flight duty'," it mentioned.