Oct 01, 2021 01:34 PM IST
While the sources did not mention the conditions under which the Tata group may be willing to acquire up to 15 percent of Air India's debt, they did mention that it is a big part of the discussions between the government and the Tata Group.
- Sep 30, 2021 08:17 PM IST
On September 30, government officials met the two bidders of Air India for a second consecutive day to discuss the divestment of the airline. Officials from the Ministry of Civil Aviation, Department of Investment and Public Asset Management, and the Directorate General of Civil Aviation met with officials from the Tata Group and Spicejet Chairman Ajay Singh.
- Sep 28, 2021 04:34 PM IST
A look at the top 20 cities by domestic traffic in the pre-pandemic era presents an interesting picture.
- Sep 24, 2021 01:13 PM IST
There has been an average gap of 10% between the capacity deployed and passenger numbers, except for a few days. If traffic has to reach the 73.7% mark -- the highest ever -- capacity will have to breach 80%. For that, airlines, other than IndiGo, will have to contribute more
- Sep 23, 2021 02:23 PM IST
- Sep 14, 2021 01:45 PM IST
Vinod Kannan, who is currently serving as Vistara’s Chief Commercial Officer, joined the airline in June 2019 as Chief Strategy Officer
- Sep 13, 2021 09:26 AM IST
Singapore Airlines will not be joining its joint venture partner Tata Group's bid for Air India, a media report said.
- Aug 10, 2021 08:21 PM IST
In the latest round of fund infusion, Tata Sons would infuse Rs 382.5 crore in Vistara while Singapore Airlines would infuse Rs 367.5 crore.
- Aug 09, 2021 05:55 PM IST
The airline’s ambitions are sky-high, but a number of factors will decide how high it soars in the Indian aviation market, which has laid low many an airline and tycoon in the past. The kind of planes it flies and the hub it chooses will play a role in determining success or failure. Moreover, it may have a dream team in the cockpit, but profitability will still depend on how Akasa Air performs, how IndiGo responds, and how Spicejet and GoFirst fare
- Jul 23, 2021 05:00 PM IST
The pandemic curtailed flight operations across the country, widening the combined losses of 138 airports to Rs 2,882.74 crore. Still, the airports at Kandla and Chandigarh did better than the year before
- Jul 21, 2021 01:10 PM IST
Full-service carriers have expanded their market share to nearly 25 percent in May and June as other airlines contracted, possibly to conserve cash but low-cost carriers can again lure more passengers with more flights.
- Jul 15, 2021 01:59 PM IST
On 194 of the 531 routes that IndiGo operates, the airline had an absolute monopoly. On several routes, it muscles out competitors by increasing frequency of flights or through better fares.
- Jul 08, 2021 09:33 AM IST
Airlines are bleeding and planning to raise capital to survive. Experts say airlines will have to either contract operations or resort to mergers and acquisition to become viable but both options have pitfalls and challenges
- Jul 07, 2021 06:26 PM IST
By opting to fly to Haneda and not Narita, Vistara will also be able to offer connections to US-bound passengers
- Jul 07, 2021 04:19 PM IST
The airline's flight on Delhi-Tokyo route would be operating under the air bubble arrangement formed between India and Japan.
- Jul 06, 2021 05:11 PM IST
Spicejet’s finances are worse than they were six years ago, when its balance sheet seemed about to crashland. Its income is propped up by assumptions of hefty compensation from Boeing for grounding of aircraft, and it is operating in a tough, pandemic-hit environment, but its small and rapidly growing, cargo business offers a ray of hope
- Jun 24, 2021 11:27 AM IST
Bookings will begin from 12.01 am on June 24 and end at 11.59 pm on June 25 for travel between August 1 and October 12
- Jun 23, 2021 03:44 PM IST
Airline becomes first carrier in India to do so. Scheme applicable with immediate effect across its network, comprising 67 domestic stations. However, it also raises the question whether airlines can offer discounts when fare caps are in place.
- Jun 22, 2021 12:39 PM IST
Less than a quarter of planes operated by Indian carriers were idled by the pandemic on June 11, in contrast with airlines in other countries that placed their aircraft in long-term storage
- Jun 18, 2021 05:15 PM IST
IndiGo is expected to retain its 55 percent market share over the next 2-3 quarters, experts said
- Jun 07, 2021 09:26 PM IST
Flight UK775 encountered severe turbulence 15 minutes before landing.
- Jun 03, 2021 10:50 PM IST
While IndiGo did not comment about the pilots' deaths, the carrier said it has given first dose to around 20,000 of its total 35,000 employees and its ground handling subsidiary Agile.
- Jun 01, 2021 06:20 PM IST
The second wave of the pandemic has significantly impacted the domestic air travel demand, which was slowly on the recovery path. With plummeting demand, mainly due to many states putting in place travel restrictions to curb COVID infections, airlines are flying at lower capacities and also grappling with financial woes.
- Jun 01, 2021 02:48 PM IST
Also, starting June 1, the base fare will increase across the country. The argument for it is that there are very few passengers across the country and there is no need to increase the ceiling price since flights aren’t full. Also, since discretionary travel is not around, the increase in fare won’t impact demand directly.
- May 25, 2021 01:38 PM IST
Air traffic has fallen back close to the level seen a year ago, when airlines resumed operations after a two-month halt. Airlines now face much higher regulation and uncertainty about when their business will return to pre-COVID levels