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Friday, 3 April 2015

Domestic air passenger traffic surges 22% in February 2015

The domestic passenger traffic of airlines surged 22% to 60.16 lakh passengers in February 2015, compared with 49.46 lakh passengers carried in the same month of the last year.

Vistara seeks to improve aircraft loads as network expands

New Delhi: Vistara doubled the number of passengers carried and managed to fill more seats on its aircraft in February than in January. But it still flew with almost four in 10 empty seats last month. Compare this with the incumbents. IndiGo, Jet Airways and Jetlite, SpiceJet, GoAir and even Air India managed to fill at least eight in 10 seats on their aircraft in February, a month when passenger traffic growth was over 21% percent.

IndiGo gets Aviation Ministry nod for import of 400 aircraft: Reports

IndiGo Airlines has received aviation ministry nod to import 400 aircraft, according to reports.

SpiceJet seeks waiver of security nod for four jets

Helped by the government to sail through the financial crisis last December, low-cost airline SpiceJet now wants security clearance exemption for leasing four Boeing 737 aircraft from Travel Services of Czech Republic.

The airline has proposed to wet-lease the narrow-body aircraft for three months. The leased planes would be deployed on its network in the coming summer schedule.

Flight cancellation rate: Vistara worst, Indigo best

New Delhi: The newly-launched Tata-SIA joint venture carrier Vistara cancelled more flights than any other domestic carrier in February, says DGCA data.
The third full service carrier after national airline Air India and Jet Airways, Vistara also operated over 40 per cent seats vacant in its aircraft during a period in which some of the other airlines reported a seat factor as high as 89.7 per cent.

SpiceJet may have to cancel a fifth of daily flights on shortage of planes

New Delhi: SpiceJet will have to cancel more than a fifth of its planned daily flights if it cannot reach an agreement with its lessors to bring in more aircraft by the end of this month.
SpiceJet, which came close to collapsing in December after running out of cash to pay its creditors, is scheduled to make 280 daily flights from next week. But with its current fleet at 17 Boeing 737 jets and 15 Bombardier Q400s SpiceJet can only fly 218 journeys a day, a company spokesman said on Friday.

Jet Airways lines up more domestic, int'l flights

New Delhi: Private carrier Jet Airways today said it would introduce more flights on both its domestic and international networks and launch new services from three cities to its Abu Dhabu hub during the summers.

The airline is also on course with its plan for becoming profitable by 2018, Jet Airways Chief Executive Officer Cramer Ball said here.

Air India Delhi flight to depart from international terminal

Thiruvananthapuram: The Airports Authority of India will from Saturday permit Air India international flight AI 048 (Delhi-Kochi-Thiruvananthapuram) that arrives here at 10.40 p.m. to operate its services from the international terminal the following day as AI 466 Thiruvananthapuram-Kochi-Delhi flight.

How T2 is being transformed into an integrated passenger terminal

The shifting of domestic airline operations to Terminal 2 - which since its opening had largely been operating as international airport for the city - continues, with Air India next in line to be moved to it by the middle of this year.

IndiGo to start operations from Dimapur

IndiGo Airlines will begin its operation from Dimapur on April 15 with daily direct flight between Kolkata and Dimapur. The flight will be an extension of the Delhi-Dimapur flight via Kolkata.
IndiGo Airlines also announced Dimapur as its 33rd domestic and 38th overall destination, catering to various segments such as business, leisure passengers and students travelling to and from Dimapur.

Cargo biz to code shares: Jet leaving no stone unturned turn profitable by 2018

Increasing capacity on domestic routes, foraying into the cargo business, turning full-service after years of ambiguity with multiple brands and service offerings - Jet Airways seems to be leaving no stone unturned to stay on course with its target to return to black by 2018.

India proud to be armed with the Su-30MKI fighter – Indian Minister

The Indian Air Force is proud to possess the Sukhoi (Su-30MKI) fighter plane, one of the world’s most powerful jet aircraft, said India’s Minister for Skill Development and Entrepreneurship, Rajiv Pratap Rudy, who is himself an accomplished pilot. By 2018, India’s Air Force is expected to possess 14 Su-30MKI fighter jet squadrons.

Gulf NRI Forum, Kuwait urges expats to fly by AIE direct flight to Mangaluru

Kuwait: Gulf NRI Forum president Pascal Pinto, appeals to the people of Karnataka, Kerala and surrounding region to support the ailing Air India Express (AIE) to ensure survival of the only direct flight service to Mangalore.

Jet Airways announce first international flight from Ahmedabad

Ahmedabad:  Jet Airways will enhance international connectivity with the introduction of a new direct daily linking Ahmedabad, a key business and tourist destination with Abu Dhabi, UAE's commercial capital, effective March 29, 2015.

Wednesday, 1 April 2015

Oman Air outlook pt 2: can rapid growth, airport upgrades and transit traffic lead to profitabilty?

Oman Air is aiming to significantly narrow its losses over the next two years and be at least break-even by 2017 despite pursuing rapid expansion. The airline has accumulated operating losses of around USD1 billion over the last four years but is banking that achieving higher levels of scale and improving productivity will enable it to become profitable.

However, Oman Air will have to overcome huge challenges and intensifying competition as it rapidly expands its fleet and network. The government-owned flag carrier will need to further increase its reliance on transit traffic, which already accounts for 60% of its passenger traffic.

There will be opportunities to grow transit traffic, particularly in the Asia-Europe market, as its hub airport is upgraded and several new destinations are added. But Oman Air will need to succeed in a sector that has become extremely competitive and is generally low-yielding.