Domestic Airlines

During January-February of this year, domestic airlines carried 2.46 crore passengers as against 1.41 crore in the corresponding period of 2022, thereby registering an annual growth of 74.50 per cent

Domestic airlines industry is expected to fly back into profitability next fiscal, for the first time since the outbreak of Covid, amid easing cost pressures and reduction in leverage to support credit profiles, a report said on Wednesday. As per the report by credit rating agency Crisil, the industry is also likely to pare its net loss by as much as 75-80 per cent year-on-year to Rs 3,500-4,500 crore this fiscal, compared with around Rs 17,500 crore last fiscal. Strong recovery in passenger traffic and easing cost pressures are supporting this turnaround in operating performance of airlines, Crisil said. The projections are based on Crisil Ratings analysis of three airlines that account for around 75 per cent of domestic air traffic. Domestic and international passenger traffic recovered to 90 per cent and 98 per cent, respectively, in the nine months through December this fiscal, compared with the corresponding period of fiscal 2020 (pre-pandemic). Business and leisure travel ..

Domestic airlines reported 2,613 significant technical snags in their planes in the last five years, Union minister V K Singh told the Lok Sabha on Thursday. The Minister of State for Civil Aviation said the regulations require occurrences relating to system and component failure to be reported to the Directorate General of Civil Aviation (DGCA). "These occurrences, based on their severity are investigated either by the concerned airlines under the supervision of the DGCA or by the DGCA under Rule 13(1) of the Aircraft (Investigation of Accidents and Incidents) Rules, 2017," he said in a written reply. Giving details, Singh said there were a total of 2,613 "significant technical snags" reported by various airlines in the country during the 2018-2022 period. In this period, IndiGo reported 885 snags, SpiceJet (691), Vistara (444), Air India (399), AirAsia (India) Ltd (79), Go Air (54), TruJet (30), Alliance Air (13), Blue Dart Aviation (7), Akasa Air (6) and Fly Big (5), as per the

The carrier has leased Turkish Airlines Boeing 777 for operations to Istanbul starting Wednesday

This is the third case of an airline getting penalised for lapses

As Indigo Airline has expanded its fleet to 300 aircraft, the countrys airlines' fleet is likely to add over 100 aircraft every year till the next few years

The Delhi High Court on Thursday dismissed a plea opposing the permission given to Sikhs to carry kirpans while travelling on civilian flights in India

As part of remedial measures to improve passengers flow at Delhi airport's T3 terminal, Delhi Airport has started informing people of the waiting time at entry gates

Amid recovery in domestic passenger traffic in FY2023, the earnings recovery for domestic airlines will be slow-paced due to elevated ATF prices in addition to the rupee depreciation against US dollar

While Air India remains a high-profile operator in one of the world's biggest aviation markets, customer complaints about a decline in standards have hurt its reputation

Lessors wish to set up SPVs outside India

Also runs IndiGo close on the other three

Combined entity will become India's largest international and second largest domestic carrier

Air traffic touches nearly 96 per cent of pre-Covid level

The biggest decline has been in foreign tourist arrivals

More than 75 planes are grounded; Goa to see 11% fewer flights in December

Usage of slots for more than 80 per cent of time in the previous winter season decides whether an airline would get the same slot again in the current winter season

Airline forced to raise utilisation of its operational planes; delay as high as 82% on Saturday

The domestic airlines industry is projected to post a loss of Rs 15,000-17,000 crore in the current fiscal as their financial performance is likely to remain under pressure in the near term, a report said on Friday. Credit rating agency ICRA said the recovery in domestic passenger traffic has been healthy but elevated Aviation Turbine Fuel (ATF) prices will continue to pose a major threat to earnings and the liquidity profile of the airlines in the near-to-medium term. The domestic passenger traffic grew around 26 per cent year-on-year to about 114 lakh in October. In the year-ago period, the number was at 90 lakh passengers. However, the latest October figure remained 8 per cent lower when compared to the pre-pandemic traffic level, the rating agency said in a report. ICRA has a negative outlook on the domestic aviation industry. According to the report, the depreciation of the Indian rupee against the US dollar will have a major bearing on the airlines' cost structure. The debt

IndiGo confirms 30 planes on ground, plots alternate strategies for capacity growth