In what could have turned into a mass casualty accident in the skies, leaving over 250 flyers dead, two planes belonging to Vistara and Air India (AI) came close to a mid-air collision on February 7. According to reports, the mishap was averted thanks to the presence of mind shown by the AI aircraft’s woman […]
Category: Civil Aviation
Civil Aviation
Indian market growing well, but profitability borderline: Boeing
India’s aviation market is growing “very well” but the profitability is “borderline”, a senior official at American aircraft maker Boeing has said. Dinesh Keskar, Senior Vice President for Sales in Asia Pacific and India at Boeing Commercial Airplanes, said last year the market grew 20 per cent per annum based on the three-or-four-year average. The […]
SpiceJet records highest ever quarterly profit at Rs 2.4 billion in Q3
Low-cost carrier SpiceJet on Wednesday reported a 32 per cent rise in its net profit at Rs 2.4 billion for the three months ended December 2017, aided by higher passenger revenue, making it the 12th successive profitable quarter for the airline. The company had reported a net profit of Rs 1.81 billion in the same […]
Vistara $8.5 billion order said to pit Airbus against Boeing
Vistara, the Indian affiliate of Singapore Airlines Ltd., is in talks with Airbus SE and Boeing Co. to buy jets worth as much as $8.5 billion as the carrier seeks to tap India’s growing middle class, according to people familiar with the plans. Vistara, a joint venture with majority owner Tata Group, is seeking to […]
AirAsia starts Kuala Lumpur-Jaipur direct flight
Malaysian budget carrier AirAsia today said it will operate direct flight from Kuala Lumpur to the city four times a week. The airline is also offering a promotional scheme of all-in-fares of Rs 3,555 (one-way), beginning February 5 until February 11 for travel period between February 5 and July 31. The premium flatbed is also […]
Govt expects winning bidder for Air India by June: Jayant Sinha
The government is expecting to have the winning bidder for national carrier Air India by the end of June and the “legal closing” of the transaction by year-end, Union Minister Jayant Sinha said today. To revive the fortune of the debt-laden carrier, the government has decided on a strategic disinvestment and a group of ministers […]
Airport capacity to jump 5 times to 1 billion trips per year soon: FM Arun Jaitley
India’s airport capacity will increase by 5 times, facilitating 1 billion air trips a year in the next few years, finance minister Arun Jaitley in his speech Thursday presenting the government’s latest fiscal budget for 2018-19. The state-run Airports Authority of India currently operates 124 airports. There are 6 additional privately run airports. The surge […]
Jayant Sinha bats for low-cost long-haul flights to Europe, West Coast
Minister of State for Civil Aviation Jayant Sinha batted for low-cost long-haul air connectivity from India. Major low-cost Indian airlines such as IndiGo and SpiceJet are actively evaluating prospects of long-haul flights to European countries. “We lack a direct low-cost alternative to Europe and the West Coast. International traffic growth from India will be tremendously […]
Nitin Gadkari pitches for early clearances to Pune airport
Union minister Nitin Gadkari has asked defence and civil aviation officials to expedite clearances to expansion of the Pune airport which is witnessing high traffic volumes. The road transport and highways minister was chairing a Prime Minister-appointed infrastructure group meeting. The expansion project includes construction of a new terminal building at a cost of Rs […]
SpiceJet announces 20 new domestic flights from Feb 11
Budget airline SpiceJet has announced 20 new non-stop domestic flights starting from February 11, aimed at strengthening its network across South India. The airline would introduce 18 new flights in the South, of which ten would be catering to popular tourist destinations in Andhra Pradesh, the airline said in a release here. SpiceJet would also […]
Air India May Get 4-6 Bidders: CAPA
CAPA, a Sydney-based consultant, sees 4-6 players having bid for national carrier Air India, its south Asia chief said Tuesday. Kapil Kaul named Jet Airways, SpiceJet, IndiGo and Vistara apart from two non-airline parties at the CAPA India Aviation Summit 2018. He didn’t name the latter. IndiGo has publicly shown an interest in the airline […]
Domestic air traffic to cross 150 mn on record aircraft induction: CAPA
Domestic air traffic will grow 18-20 per cent and cross 150 million in FY 2019 on the back of unprecedented capacity induction, aviation consultancy CAPA said in its outlook on Tuesday. Yield pressure led by rapid capacity expansion and a spike in crude oil price remain key concerns for profitability and on consolidated basis airlines […]