New Delhi Indira Gandhi airport is looking to maximize efficiency of their runways via a series of measures. Bangalore Aviation has learned that the airport operator Delhi International Airport Limited (DIAL) is working towards achieving a runway service rate of 104 movements per hour. This rate will include optimised pilot performance, optimised ATC performance and high intensity runway operations. Yet, …
Read More »
The DGCA has put out a circular with guidelines on avoiding confusing call-signs by operators. Presumably this comes about after a handful of incidents where callsigns were confused. However, this move by the regulator that fails to address the real issue. Full document may be accessed at: http://dgca.nic.in/aic/AIC02_2017.pdf Thoroughly confusing and impractical guildelines The guidelines have a bullet list of provisions. Who is …
Read More »
Indigo by any standard is a phenomenal success story. Starting out as the third player (after GoAir and SpiceJet) in 2005, it has captured a marketshare that is likely to cross 45% soon. Bangalore Aviation presents analysis on the company and where it will likely head: Capacity growth Indigo FY13 FY14 FY15 FY16 FY17E Fleet growth Base 17% 22% 14% …
Read More »
[bsu_note note_color=”#affbcd” text_color=”#070707″ radius=”4″]This analysis is jointly written by (an) external aviation professional(s) and Bangalore Aviation team. The views expressed may not fully reflect those of Bangalore Aviation. The analyst(s) remain anonymous as they are not authorised to place their views publicly.[/bsu_note] Media reports inform that regional carrier AirCosta has halted operations due to a cash crunch. The aircraft lessor …
Read More »
Spicejet reported its third quarter (ending December 31) results for the fiscal year ending March 31 2017 (FY2017). With earnings of Rs 181.1 crores, the results were below expectations. As was the case with its competitors, consistent fare sales and aggressive capacity addition added to the revenue pressure but as SpiceJet usually leads in the fare sales and demand stimulation, …
Read More »
Jet Airways reported its third quarter (ending December 31) results for the fiscal year ending March 31 2017 (FY2017). With earnings of Rs 156.3 crores, the results were much below expectations and point to structural challenges. The results decline was driven by intense competition in the market, consistent fare sales and aggressive capacity addition – all of which added to …
Read More »
IndiGo reported its third quarter (ending December 31) results for the fiscal year ending March 31 2017 (FY2017). With earnings of Rs 487.3 crores, the results yet again failed to meet analysts’ expectations. As reported earlier, intense competition in the market, consistent fare sales and aggressive capacity addition have added to the revenue pressures. Key numbers Total revenue: Rs 5,158 …
Read More »
The on-going issues of the Pratt & Whitney PurePower PW1100 G-JM Geared Turbo-Fan (GTF) engine fitted on the Airbus A320neo (New Engine Option) are well known. Original launch customer Qatar Airways has refused to take delivery of the new variant citing these problems. The GTF engine has been inducted in to the fleets of Indian carriers, first with market leader …
Read More »
IndiGo reported its second quarter (ending September 30) results for the fiscal year ending March 31 2017 (FY2017). With earnings of Rs 139.8 crores, the results yet again failed to meet analysts’ expectations. As reported earlier, intense competition in the market, consistent fare sales and aggressive capacity addition have added to the revenue pressures. Key numbers Passenger Revenue – Rs. …
Read More »
SpiceJetJet reported numbers for the first quarter and the earnings did not disappoint. For the quarter ending 30 June 2016, the airline reported a net profit of INR 149 crores with the same fleet as the previous quarter. The impact on the share prices was almost immediate with almost a 20% rise to INR 67.7 per share. An analysis of …
Read More »
Jet Airways reported results on August 12th with a net profit of Rs 103.1 crores on revenues of Rs 5,112 crores for the first quarter of fiscal year 2016-17 (FY17). The results indicate several challenges and highlights are as below: Operational performance The quarter saw an overall capacity increase of 3.8% compared to the same quarter last year, when measured …
Read More »
For all the talk of the Government promoting aviation and as the industry watched with baited breath, the budget seems to have continued the Modi-government’s ignoring of civil aviation. The sum-total budget proposals pertinent to aviation do not even warrant us writing an article. If anything, they could likely be summed up in an SMS message. Namely, Aviation turbine fuel (ATF) …
Read More »
Jet Airways reported their highest ever quarterly profits of Rs 467 crores for fiscal 2015-16 third quarter ending December 2015. The key metrics were trending in the right direction; yet, the structural challenges at Jet Airways remain and require close monitoring. Operational performance Operationally, Jet has clocked a utilisation of more than 13 hours, which is phenomenal by any standards, …
Read More »
SpiceJet reported its highest ever profit of Rs 238 crores for fiscal year 2015-16, third quarter ending December 31, 2015. With revenues of Rs 1,439 crores, this continues the upward climb for SpiceJet. A phoenix rising Last year during this same period SpiceJet was in turmoil, on the brink of a shut-down with auditors doubting its ability to continue as …
Read More »
Indigo reported its highest ever earnings of Rs 657 crores for the third quarter ending December 31, 2015 of fiscal year 2015-16 which will end March 31, 2016. With passenger growth of 28% compared to the same period last year, aviation turbine fuel (ATF) prices at an all-time low, and a 20% capacity increase in seats deployed; Indigo had key …
Read More »
India’s largest domestic airline Indigo filed a 557 page draft red herring prospectus (DHRP) which is a preliminary document towards an initial public offering (IPO). For 10% of the company, Indigo is targeting an IPO of approximately $400 million (Rs 2,500 crores), effectively giving the airline a valuation of $4 billion. The funds from the IPO are to be used …
Read More »
The 1st of June was a day of revival for Malaysia Airlines. As of that day all 20,000 odd employees were served termination letters and all assets transferred to a new entity. The new company will subsequently re-employ 2/3rds of the staff but on new terms and contracts. This drastic but necessary decision is being carried out given the precarious …
Read More »
The United States Federal Aviation Administration has restored Indian civil aviation back to Category 1 status in its IASA (international aviation safety assessment) program. This information was conveyed to Director General Ms. M. Sathiyavathy by Associate Administrator Ms. Margaret Gillian in a letter earlier today. India was relegated to category 2, implying unsafe, on January 31, 2014. Since then the …
Read More »
by Ameya Joshi Jet Airways, India’s largest private airline reported its third quarter fiscal year 2014-15 (FY2015) results on February 6, 2015, reporting a wafer thin operating profit after seven consecutive quarters. The airline moved to full service operations in December 2014 and the quarter reflected a mix of full service and low cost operations. Wafer thin profits The airline …
Read More »
In a bold move national carrier Air India has put errant employees and vendors who delay flights on notice. The airline will deduct salaries of employees and caterers found responsible for delays of flights. The Maharaja which has one of the worst one-time performance (OTP) records amongst Indian carriers, has been instructed by the top bureaucrat in the civil aviation …
Read More »
Bangalore Aviation News, Reviews, Analysis and opinions of Indian Aviation