Page 13 - Indian Airlines

Air India's flight plan: What it would take to get airline soaring again

Aviation experts reckon this could entail a bill of around $40 million for 100 aircraft

SpiceJet looks to save Rs 1K cr on commercial settlement with MAX lessors

The commercial settlement finalised by SpiceJet with two major lessors of MAX aircraft will result in savings of roughly around Rs 300 crore for the Ajay Singh-led carrier.

Shares of Indian airlines fly high as August passenger traffic surges

Shares of Indian airlines InterGlobe Aviation and SpiceJet surged on Friday after regulatory data showed that passenger growth jumped 136.6% last month

Indigo plans full capacity domestic flights by Dec, seeks to raise funds

CEO Ronojoy Dutta says airline's cash levels are 'pretty good' but it wanted an insurance buffer against a possible third wave of Covid-19.

Jhunjhunwala-backed Akasa hires former IndiGo executive Ankur Goel as CFO

The airline is reportedly in final negotiations with aircraft manufacturer Boeing for an order of up to 100 737 Max jets

SpiceJet Q1 preview: Analysts eye liquidity measures, growth in cargo biz

SpiceJet Q1 result: SpiceJet currently sits on a debt pile of approximately Rs 3,000-3,500 crore, of which Rs 1,000 crore is on the balance sheet and Rs 2,000-2,500 crore is from the deferred leases

Indian airlines' CO2 emissions increased by 63.5 between 2012-2019: Govt

Indian airlines carbon dioxide emissions increased by 63.5 per cent from 11,560 thousand tons in 2012 to 18,900 thousand tons in 2019, Minister of State for Civil Aviation V K Singh said on Wednesday.

The 'Akasa' trip: Will Jhunjhunwala succeed in turbulent aviation space?

IndiGo hopes to reach pre-Covid level of traffic by Q2 of next yr: CEO

In July last year, India'a largest carrier had laid off 10 per cent of its workforce due to the coronavirus-induced economic crisis.

Indian airlines may post $4.1 billion consolidated loss this fiscal: CAPA

Airlines are estimated to need closer to $5 billion of recapitalisation in 2021-22 just to survive, including requirements generated through the course of 2020-21, it said.

We have a lower cost structure than IndiGo: Ben Baldanza of Go First

In a Q&A, the vice-chairman of India's second-largest airline says he doesn't see its competition in the market leader, but in SpiceJet, Air India, Vistara and AirAsia

Do away with Covid-19 negative report rule, airlines urge state govts

A second wave of Covid-19 has severely hit Indian airlines

Covid impact: Indian carriers risk consolidation, plane repossessions

Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May

SpiceJet ties up with Avenue for sales and lease-back of up to 50 aircraft

Budget carrier SpiceJet on Wednesday said it has signed an initial pact with New York-based global investment firm Avenue Capital Group for financing, acquisition and sales & lease-back of up to 50 new aircraft to be ordered by the airline. The memorandum of understanding, signed between the two partners, sets out the next steps and conditions upon which Avenue will assist with placing of SpiceJet's new aircraft portfolio including sale and lease-back of and also assumption of ownership of potentially up to 50 of these aircraft, the company said in a statement. Founded in 1995 by Marc Lasry,the multinational firm is a pioneer in distressed debt besides having expertise in aircraft leasing. The company has identified the new planes to be ordered by the airline as a unique opportunity for investment, SpiceJet said. "We are delighted to enter into this strategic alliance with Avenue Capital Group and we look forward to closely working with them. This alliance will ensure a seamless ..

Deboard air passengers not wearing mask 'properly' despite warnings: DGCA

The directive come against the backdrop of rising coronavirus cases in certain parts of the country

Flying with just a cabin bag will be 10-15% cheaper: Check details

On a busy corporate route like Delhi-Mumbai, hand luggage fare can be cheaper by at least Rs 500-Rs 800.

IndiGo to start 22 new flights from March 28 onwards across India

IndiGo on Thursday said it will start 22 new flights from March 28 onwards from various cities including Agartala, Bhubaneswar, Jaipur, Chennai, Bengaluru, Patna and Tirupati.

SpiceJet posts Rs 67 cr net loss in Q3 vs Rs 78 cr profit a year ago

While revenue from operations halved, SpiceJet gained due to Rs 209 crore of other income, including claims due from Boeing towards grounding of 737 Max and concessions in lease rent from lessors

Top headlines: Govt plans to lift cap on flights, firms call for tax relief

The government has initiated discussions with airlines to allow them to operate in full capacity and Allocation for the Jal Jeevan Mission is expected to rise two-fold in the upcoming Budget

AAI lines up concessions to attract aircraft repair firms to its airports

Plans to abolish royalty, offer steep discounts in lease rent