Page 6 - Indian Airlines

Go international for more profits: Aviation Minister Scindia tells airlines

Scindia responded that India is going to have 50 flying training organisations by the end of this year

India's airlines: Both Go First and bankruptcy laws need a rescue

Insolvent airline Go First will be a test of whether the country is ready to rebalance creditors' rights and shareholders' privileges

Domestic air passenger traffic increased in India by 22.2% in April

AirAsia India's passenger numbers jump by 65.71%, highest growth among all major carriers

April domestic air traffic crosses pre-pandemic levels, says DGCA data

April aviation data shows Indigo making up most of the market share in April at 57.5% with Vistara and Air India following behind

After Go First exit, Air India CEO planning to 'quickly' increase flights

Aviation analytics firm says Air India may be able to boost domestic flights if 17 of its grounded planes are brought back to service soon

Daily domestic passenger traffic declines 4.7% due to Go First's exit

The average daily international flights fell by 1.74 per cent in the week

Let's get business running, crisis-hit Go First's IRP tells staff

The airline has indicated to the civil aviation ministry it would be able to start operations in around two weeks

Akasa Air's occupancy soars at fastest pace among peers in April

Load factor of market leader IndiGo shows second biggest rise

What makes the fight for India's 1.4 billion consumers a fixed match

"Big-5 grew not just at the expense of the smallest firms, but also of the next largest firms," Viral Acharya wrote

A P&W story: From giving wings to aviation in India to Go First grounding

The celebrated engine-maker has landed in a controversy with Go First blaming it for its bankruptcy

Weekend Bites: Corporate Samurai keels over, and big deal that's Met Gala

In which we munch over the week's platter of news and views

Here's why airlines keep folding in India's booming aviation market

The lure of aviation has proven particularly attractive - and brutal - for wealthy entrepreneurs, eager to enter a burgeoning sector and wooed by the status of owning an airline

Crash landing

Engines are not the only problem for Go First

Go First cut flights even after Centre removed Covid-19 pandemic cap

IndiGo, which was also hit by engine woes, carried out more flights

Air India, Sabre Corporation sign multi-year deal for global travel access

This long-term global distribution partnership will support Air India's ambitious growth plans, said Air India's Chief Commercial & Transformation Officer

Regional airline Fly91 receives govt approval, targets Oct launch

Goa-based carrier is promoted by former executives of Fairfax and Kingfisher

Taxi to Take Off: Air India says Phase 1 of its transformation complete

First phase focused on addressing legacy issues, strengthening fleet, upgrading systems and hiring

Air India's expansion plans stir tension over airline flying rights

Tensions over plans to transform AI into a global airline with hundreds of new jets rippled across aviation sector as foreign carriers clamoured for more access to the world's fastest-growing economy

Indian airlines to report $1.6-1.8 bn consolidated loss in FY24: CAPA

Indian airlines are projected to record a consolidated loss of USD 1.6 to 1.8 billion in the next financial year, aviation consultancy CAPA India said on Monday. The full service carriers are expected to incur a loss of USD 1.1 to 1.2 billion. According to CAPA India, Indian airlines are estimated to have a net induction of 132 planes next fiscal and will take the total fleet of all carriers to around 816 aircraft. While announcing its outlook for 2023-24, CAPA India also said that more than 100 planes of various Indian carriers are on the ground due to supply chain and non-supply chain issues.

SpiceJet approves slump sale of cargo biz, raising Rs 2,500 cr via QIB

SpiceJet has also decided to buy AS Air Lease in the settlement with aircraft lessor Castlelake