An explanation of the festival of Diwali

Since yesterday, India and Indians across the world are celebrating the festival of light -- Diwali or Deepavali - the most significant festival in India.

The closest equivalent I can think of is in the US, the period between Thanksgiving and Christmas. Since the Dussehra festival last month, there have been sales across the land, with people shopping away much to the retailers' delight.

Diwali is the abbreviation of the Sanskrit word "Deepavali" - Deepa meaning light and Avali, meaning a row signifying the row of lights which form the festival's main attraction. The lamps symbolises the the light of knowledge vanquishing the darkness of ignorance that subdues humanity.

The celebrations are typically spread over five days. Commencing on the last two days of the seventh month of the Hindu lunar month - Ashwin, and continuing on the new month of Kartik. All the days except Diwali are named according to their designation in the Hindu lunar calendar. The calendar is broken in to two blocks of 14 days each which marks the lunar cycle.

Dhanatrayodashi or Dhan teras : Dhan means "wealth" and Trayodashi or Teras means "13th day". Thus, as the name implies, this day falls on the 13th day of the second half of the lunar month. It is considered an auspicious day for shopping of utensils and gold based on the belief that on this day Amrit - the nectar of immortality came out during the churning of the great ocean by the gods and the demons. Hindus regardless of economic standing will buy some "capital" item for the home, be it jewellery, silverware, or even a simple stainless steel vessel.

Naraka Chaturdashi: Chatur means fourteenth dashi means day, on which the demon Narakasura was killed by lord Krishna - an incarnation of god Vishnu (the preserver of life). This day is also called Kali Chaudas. The strength to protect others is referred as Kali or Mahakali. Chaudas again means fourteenth day. It is believed that on this day the goddess Kali killed the wickedest.

In north India this day is also called "Chhoti Diwali" - "chhoti" meaning small, marked by the lighting of 11 lamps. In south India, this is the actual day of festivities with many waking up well before dawn, having a fragrant oil bath and wearing new clothes and performing special prayers to lord Krishna or Vishnu for liberating the world from evil. After the puja, children burst firecrackers heralding the defeat of the demon. As this is a day of rejoicing, many will have very elaborate breakfasts and lunches and meet family and friends.

Lakshmi Puja : This day marks the most important day of Diwali celebrations in North India. At sunset there is a special worship of lord Ganesh, the elephant headed god of wisdom and remover of obstacles, Lakshmi , the goddess of wealth, Saraswati , the goddess of knowledge, and lord Vishnu, the preserver of life. 21 oil lamps are lit, including one of clarified butter which will burn all night long, followed by a grand dinner with family and friends. Crackers and fireworks last long in to the night signifying the celebration to welcome prosperity and well-being.

Bali Pratipada or Balipadyami: In North India, this day is celebrated as the "new year" by the trading community since the Lakshmi Puja used to traditionally mark the end of the financial year. The homes and offices of friends and family are visited to offer greetings. In the south, this day commemorates the victory of Vishnu in his dwarf form Vamana over the generous yet demon-king Bali, who was pushed to the nether world and the return of Bali to earth from the nether-world.

Bhaiduj: On this day, brothers visit their sisters to express their love and affection for each other building on the aspect of most Indian festivals -- bringing together families. In north India traditionally girls would be married to boys of distant villages. In a time when there were no long distance communications, Bhaiduj ensured the well being of the sister when the brothers would visit along with gifts for the in-laws. This festival is ancient, and pre-dates the festival of 'Raksha Bandhan' where the married sister returns to visit her parents' home, to be pampered, and to tie "rakhi" to her brother.

Bangalore Aviation wishes all it's readers a happy, prosperous, joyous and safe Deepavali.
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Video: A White House first. President Obama's Diwali greetings

US President Barack Hussien Obama extends his Diwali wishes in a White House first.

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Analysis: SpiceJet Q2 fiscal 2011 results and 30 Bombardier Q400 regional turbo-prop order

Gurgaon based low fare carrier SpiceJet, announced its fourth successive quarter of profits today.

Even though, the carrier declared a meagre Rs. 100 million net profit for the second quarter (ending September 30, 2010) of the financial year 2010~2011, this is in sharp contrast to the loss of almost Rs. 1 billion compared to the same quarter last fiscal.

SpiceJet Boeing 737-800 VT-SGH newest aircraftThe airline also reports improvement on key operational and financial measurements compared to the same quarter a year ago.
  • The airline carried 1.8 million passengers up 15.6% outperforming the overall industry growth of 12%
  • Capacity measured in available seat kilometres (ASKs) grew 14% to 2,474 million still lagging the airline's growth of 15.6%.
  • Number of departures increased 14.7% to 12,638
  • The fleet grew from 14.2% from 19 to 21.7 aircraft. The 22nd aircraft entered only in August. The airline will be taking delivery of three more Boeing 737-800s VT-SGJ, VT-SGK, VT-SGL next month. VT-SGI will enter the fleet in the month following, taking the fleet to 26.
  • Performance measured by revenue passenger kilometres (RPKs) grew 12.4% to 1,821 million.
  • Non-fuel cost per ASK (CASK) was reduced 9.2% to Rs. 1.47/ASK
  • The strongest growth came in revenue from operations, up a whopping 39.5% to Rs. 6,282 million. This buoyed by the 21.6% increase in average revenue per flight to Rs. 497.049, and a 20.6% increase in the average revenue per passenger to Rs. 3,477.
Observations:

Last year both Jet Airways and Kingfisher were slashing fares on their low cost operations - Jet Konnect and Kingfisher Red, in a vicious fight to retain market share. That fare war led to an overall depression of fares in the airline industry. This quarter the traffic is up 12% compared to last year and with the return of the premium business passengers, all three full service carriers - Air India, Jet Airways, and Kingfisher, face less pressure on their low fare offerings. With their moving some capacity back to their full service operations, fares across the country are more reflective of reality.

Quarter two is a low period for the Indian airline industry. The start of the quarter coincides with the end of the summer holiday season and the quarter closes before the start of the peak winter travel season. With the Indian passenger always looking for a value for money deal, low fare carriers continued to grow in proportion and increased their share of the pie from 61% to 71% during this period.

Yields have moved up and have stabilised – an indication that industry capacity addition of 9% still lags behind demand growth.

The lowering of non-fuel costs per available seat kilometre (CASK) reflects the constant efforts at SpiceJet to streamline operations. The airline also increased its per day aircraft utilisation by 3% to 12.17 hours and this will stand it in good stead as it increases its fleet by 18% over the next two months.

With the Maran take-over, SpiceJet has achieved the financial freedom to increase the rate of fleet growth, a key requirement to keep pace with fellow low fare carrier IndiGo which is inducting one Airbus A320-232 every month.

Chief Commercial Officer Samyukth Sridharan confirmed that SpiceJet will utilise the new fleet additions to continue strengthening their international operations which commence this quarter. Delhi-Kathmandu, Nepal and Chennai-Colombo, Sri Lanka. The airline also has permission to fly to the Maldives and Dhaka, Bangladesh. The political clout of new owners the Marans will serve the airline well enabling permissions to extend its operations to ASEAN countries like Thailand and Malaysia.

With the entry of fellow low fare carrier IndiGo in to the international arena next year, passengers can expect to find great deals, while traditional full service carriers will find it hard competing with SpiceJet, IndiGo, Thai AirAsia, and AirAsia.

Regional Spice - The Bombardier Q400 regional turbo-prop

SpiceJet has made an intelligent decision to order 15 Bombardier Q400 regional turbo-prop aircraft with an option for 15 more. Engines will be from Pratt and Whitney. Deliveries will commence in quarter two of 2011.

Computer image of SpiceJet Bombardier Q400
The Q400 aircraft is the one of most technologically advanced turboprop airliners and features a revolutionary noise and vibration suppression system, which makes it one of the quietest, most vibration-free propeller driven aircraft in the sky. The Q400 climb-rates, cruise speeds, and cruise heights gives it parity with the block times of a jet aircraft on the shorter regional routes SpiceJet plans to use this aircraft on.

On most tier II and tier III cities full service carriers are making a killing, charging extremely high fares. A typical fare on a half hour Mangalore Bangalore sector is higher than on a two and half hour Bangalore Delhi sector.

Sridharan indicated that SpiceJet would configure their Q400's with 78 seats to remain below the 80 seat limit under which the airline will enjoy virtually free aeronautical and landing fees the Indian civil aviation authorities have in place to promote regional air traffic. He also indicated that the airline would initially commence regional services connecting tier II cities with tier I and later expand to tier III - tier I and tier II - tier II / III. To ensure no predation by the incumbents, I feel that SpiceJet should commence each city with a minimum twice-daily flights.

With its fuel consumption being up to 40% lower than jets, the Q400 will also allow SpiceJet to bring back the low pricing model which will expand the customer base that was the keystone of Capt. Gopinath's strategy at low cost pioneer Air Deccan.

However, by being the only airline to operate the Dash 8-400 in India, there is a potential downside for SpiceJet in terms of a ready pool of qualified cockpit and engineering crew.
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Winter schedule brings a host of new routes to India

The Winter 2010 schedule for airlines commenced from Sunday and as expected major airlines, domestic and international, have announced a raft of new flights.

Austrian Airlines
Lufthansa group member has introduced five flights a week between Mumbai and Vienna and increased its five a week New Delhi Vienna flights to six. The Mumbai Vienna flight will be operated by a Boeing 767Recent feedback, to Bangalore Aviation, from frequent Star Alliance fliers about the airline and the quick transit at Vienna, highlight the airlines selling proposition

Kingfisher Airlines

Will feature 22 more flights covering four winter routes, four additional frequencies on existing routes and reinstatement of two routes.

The key highlights of the 2010 Winter Schedule are:
  • Four new routes: Varanasi- Khajuraho, Udaipur-Jaipur, Jaipur-Jodhpur and New Delhi-Agra
  • Two additional flights on the Mumbai-Ahmedabad route increasing the total to three flights daily
  • An additional flight on the New Delhi-Lucknow route increasing the total to three flights daily
  • An additional flight each way between Mumbai and New Delhi
  • One flight each on the Mumbai–Kolkata–Mumbai route and the New Delhi–Indore–New Delhi route have been reinstated.
Kingfisher Airlines is leveraging its partnership with British Airways and targeting the tourist traffic by being the only domestic airline to provide connectivity between New Delhi and Agra, Jaipur and Udaipur, and Jaipur and Jodhpur, all major winter tourist destinations. The airline is also the only airline currently operating on the Bangalore-Mysore sector.

Jet Airways

Will introduce forty-six new flights across India. This is in addition to the high profile launch of the New Delhi Milan, Malpensa "fashion" route on December 5th.

In addition to the launch of new flights on existing sectors, the airline has introduced services on nine additional sectors across India - direct services between Vishakhapatnam and three important Indian metros- Mumbai, Delhi and Hyderbad. It will also connect Delhi with Bhopal and Ahmedabad, and Aurangabad with Pune.

Jet Airways Konnect will inaugurate a daily service on the tenth sector, Aurangabad - Pune, on March 1, 2011.

Jet Airways is reaping the benefits of a strong Indian economy and return of the premium business passenger. There has been a strong up-shift in demand towards twin-cabin services on several routes and the airline has re-introduced their Premiere (business class) and Konnect Select (essentially a business class but called economy premium) products on these new routes.

JetLite
The all-economy subsidiary of Jet Airways has introduced thirty new domestic flights, including the launch on eight additional sectors across India, effective November 1, 2010.

The airline will connect Mumbai and Hyderabad with Raipur. Nagpur with Bangalore, Delhi and Indore respectively. JetLite will also connect Delhi with Pune and Chandigarh, and launch a daily service between Bengaluru and Chandigarh. More information is available on their website.
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