Page 23 - Aviation Industry
Lost Jet capacity back in air: With 5 new aircraft, carriers' fleet at 618
When Jet Airways was operating to its full schedule, the total fleet size of Indian airlines had peaked at 614 in January
 "Lost Jet capacity back in air: With 5 new aircraft, carriers' fleet at 618")
Cathay Pacific Airways CEO quits in blowback over Hong Kong mass protests
Augustus Tang has been named as the new chief
 "Cathay Pacific Airways CEO quits in blowback over Hong Kong mass protests")
New aviation charter lacks teeth, won't address customer grievances fully
It neither mentions timelines for refund or compensation, nor talks about penal provisions for airlines
 "New aviation charter lacks teeth, won't address customer grievances fully")
Over the clouds: Indian aviation industry witnesses marginal fare hike
More than 50% of the incremental capacity has been added by IndiGo
 "Over the clouds: Indian aviation industry witnesses marginal fare hike")
India to add 1,000 aircraft over next 7-8 years: Government official
Civil Aviation secretary RN Choubey also said that the domestic aviation has been growing at 20 per cent every year, for the last four years
 "India to add 1,000 aircraft over next 7-8 years: Government official")
Capacity addition takes the wind out of ATF price cut benefit for airlines
Airline executives say low-priced tickets will continue due to massive rise in number of seats
 "Capacity addition takes the wind out of ATF price cut benefit for airlines")
Airline industry needs Rs 350 bn capital for 3-4 yrs to reduce debt: Icra
The aviation industry's financial health has nosedived, with the three listed airlines having reported a combined net loss of Rs 36.4 billion in the first half of the fiscal
 "Airline industry needs Rs 350 bn capital for 3-4 yrs to reduce debt: Icra")
Domestic airlines have 298 foreign pilots, asked to reduce the number: Govt
The minister said all domestic airlines have been advised to develop their in-house strength to reduce the dependency on foreign pilots
 "Domestic airlines have 298 foreign pilots, asked to reduce the number: Govt")
No foreign flights at Tirupati, Vijaywada airports after international tag
Tirupati airport got international status in 2015 and Vijayawada in 2017 but overseas flight services haven't yet taken off from both locations
Aviation industry braces for Brexit with CEOs divided on fallout
The dissonance suggests some carriers sense the possibility of a Brexit accord would prevent hassles for tens of millions air travelers while ushering Britain, out of the European aviation market
Despite bottom line pressure, FY17 to be the best for airlines
Are likely to close outgoing financial year with 22-23% traffic growth
 "Despite bottom line pressure, FY17 to be the best for airlines")
Forget busy London, fly to other cities, says UK minister
Suggests connections to Manchester, Glasgow and Birmingham, as Heathrow slots are very hard to get
 "Forget busy London, fly to other cities, says UK minister")
India to seek airport slots for its airlines in future bilaterals
Move follows repeated complaints by airlines they're being overlooked in terms of peak time slots
 "India to seek airport slots for its airlines in future bilaterals")
Airline lobby moves Delhi HC against regional connectivity levy
In its plea, FIA says the levy is a tax and is beyond the scope of executive competence under Aircraft Act, 1934
 "Airline lobby moves Delhi HC against regional connectivity levy")
Tigerair, SilkAir keen to link Bhubaneswar with SE Asian hubs
Though Bhubaneswar airport became international in October 2013, no direct international flight has taken off yet
 "Tigerair, SilkAir keen to link Bhubaneswar with SE Asian hubs")
