Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
First phase focused on addressing legacy issues, strengthening fleet, upgrading systems and hiring
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 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 has also decided to buy AS Air Lease in the settlement with aircraft lessor Castlelake
Spicejet's market share slipped to 7.3% in January from 7.7% in December
The country's airline industry is poised for expansion with more than 1,100 planes on order by various domestic carriers. After more than 17 years, Air India, now owned by Tata Group, on Tuesday placed orders for a total of 470 planes with Airbus and Boeing. The total order, comprising wide-body and narrow-body aircraft, is the largest so far by an Indian carrier and also one of the largest single aircraft orders in the world. The country's largest airline IndiGo has around 500 planes on order and Akasa Air has placed an order for 72 Boeing narrow-body aircraft, out of which 16 planes have been delivered. That leaves Akasa Air with 56 aircraft on order. Go First, earlier known as Go Air, has 72 planes on order while Vistara is to receive 17 more Boeing planes. Together, Air India, IndiGo, Akasa Air, Go First and Vistara have at least 1,115 planes on order. Currently, there are around 700 commercial aircraft in the country, with a majority of them being narrow-body or single-aisle
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
Indian carriers are likely to place orders for 1,500 to 1,700 planes in the next one to two years and Air India is expected to make the first move with a potential order for 500 aircraft, aviation consultancy CAPA said on Wednesday. The total commercial Indian fleet of around 700 aircraft is smaller than some of the world's largest individual airlines, CAPA said, adding that given the immense potential that exists, it stands to reason that there is a need to induct more aircraft. In a report, CAPA said the Indian market in the post-COVID era is attracting global attention as arguably the most promising aviation market. Almost every carrier in India is expected to order more aircraft in the next couple of years for fleet replacement as well as growth, given that the order book for most incumbent carriers could be considered conservative relative to the growth potential of the market over the next decade and beyond, it said. In India, air traffic recovery has been amongst the stronge
Air India Express informed that the aircraft landed safely and all passengers are safe
IndiGo on Tuesday said it will start operating wide-body Boeing 777 on Delhi-Istanbul route from February 1. IndiGo so far has been operating only narrow-body all-economy airbus planes.This is for the first time in its over 16 years of operations that the Gurugram-headquartered airline will have twin-aisle planes in its fleet. The Boeing 777 aircraft has a seating capacity of 400 passengers in a dual class configuration -- economy and business, the airline said in a statement. The wide-body operations will help the airline cater to the increasing air travel demand between India and Turkey, it said. The customers will now be able to pre-book meals and purchase alcohol for in-flight consumption, the airline said. According to IndiGo, Turkey has emerged as one of the most popular tourist destinations post pandemic and has been one of the top choices for outbound tourism from India in 2022. "We are inducting Boeing 777 aircraft to operate on one the most popular international routes
Odisha Chief Minister Naveen Patnaik on Tuesday approved a proposal for creation of 50 posts of fire service personnel in different ranks for four airports under the Regional Connectivity Scheme (RCS) UDAN scheme. These airports are Jharsuguda, Utkela, Rourkela and Jeypore. Of the 50 posts, 9 each will be deployed at Utkela and Jeypore and 16 each at Jharsuguda and Rourkela, an official said. Recently three fire stations have been made functional at three premier medical colleges of state, namely Cuttack, Berhampur and Burla. Besides, two more fire stations have been made functional at Tihidi in Bhadrak and Baruan in Jajpur districts. These stations were running by rationalisation of personnel at different other fire stations. Recently, 16 fire service personnel have been deployed at Rourkela Airport in December 2022.
The domestic air traffic capacity reached close to full capacity in Q3, while a pick up in international commercial flights provided the much needed relief to the aviation industry
Wadia group-owned Go First expects to receive Rs 210 crore under the government's credit line guarantee scheme next month as the budget airline seeks to boost its financial position and expand operations. The airline, which received Rs 210 crore from the promoters last month, aims to have 53 operational aircraft in its fleet by the start of April this year, its CEO Kaushik Khona told PTI. The airline currently has 37 aircraft in operation. Apart from the coronavirus pandemic headwinds and intense competition, the no-frills airline is grappling with the Pratt & Whitney engine issues that have forced it to ground many planes due to a shortage of spare engines. Under the Emergency Credit Line Guarantee Scheme (ECLGS), which has come as a relief for many pandemic-hit sectors, Go First has so far availed Rs 600 crore. With promoters' infusing Rs 210 crore, the airline will be able to get an equal amount under the ECLGS next month, Khona said. In an interview, Khona said the engine ...
Air India faced heavy backlash from everywhere including the Directorate General of Civil Aviation for its poor handling of the back-to-back incidents of unruly behavior of passengers on its flights
Sardar Vallabhbhai International Airport (SVPI) at Ahmedabad has planned a slew of development and expansion projects to cater to future passenger traffic demand, the private airport said on Tuesday. The facility, owned by Adani Group, currently has the terminal capacity of 8-million passengers annually, while it is expected to handle 20-million passengers per annum by 2025-26 thereby necessitating the expansion work, which include a new integrated terminal building and refurbishment of existing terminals, it said. According to the company, while the majority of the capex projects are related to development of airside and terminal capacity matching with projected exponential passenger growth, it is also pertinent to understand that the existing terminal infrastructure is not fully sufficient to handle the current and extraordinary growing demand. In the current financial year, the passenger movement at the SVPI is expected to be around 12-million, the company said. In addition t
Aviation regulator DGCA has imposed a penalty of Rs 30 lakh on Air India as well as suspended the license of pilot-in-command of flight in which a person allegedly urinated on female co-passenger
The new IEC facility is co-located with Pratt & Whitney's India Capabilities Centre (ICC), which opened in 2022 to provide integrated global supply chain support.
Domestic air traffic continued to register growth as passengers carried by domestic airlines during Jan-Dec 2022 were 12.32 crore as against 8.38 crore during corresponding period of previous year
Aviation watchdog DGCA will seek a report from SpiceJet on an incident at Delhi airport this week where passengers of a Bengaluru-bound flight had to wait for a long time at the aerobridge. A passenger had shared on social media a video and his experience about co-passengers having had to wait for a long time at the aerobridge on Tuesday at the Delhi airport. It happened with passengers of SpiceJet flight SG 8133 from Delhi-Bengaluru. On Wednesday late evening, SpiceJet said the flight was delayed due to weather disruption that led to incoming crew exceeding their duty time limit. A senior DGCA official on Thursday told PTI that the regulator is looking into the incident and "will seek a report from the airline". In its statement on Wednesday, SpiceJet said the flight was delayed on account of weather disruption in the network and the aircraft's previous rotation. "As a result of this, the incoming crew was not legal to operate the subsequent flight to Bengaluru and crew was arran
Shankar Mishra, the man accused of urinating on an elderly woman co-passenger on an Air India flight, told a Delhi court on Wednesday his act was not driven by sexual desire nor aimed at outraging the complainant's modesty, as he sought bail in the case. The complainant's counsel opposed Mishra's bail application, claiming she was being threatened. I'm regularly receiving messages, threatening me. Accused's father sent me a message and said 'karma will hit you' and then deleted the message. They're sending me messages and deleting it. This needs to stop... Air India instead of separating the accused and complainant, tried to mediate the crime, the counsel said. Metropolitan Magistrate Komal Garg reserved the order on the bail application of Mishra. Nobody should have to go through something like that. It was revolting. I feel bad for the poor lady. It was appalling However, was the unzipping aimed at sexual desire? No. Was any of this act aimed at outraging her modesty? No, the ...