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Monthly Archives: October 2008

Airlines get relief from Government but make passengers pay Transaction Fee

The battered India airline companies received a lifeline from the government on October 31. The 5% Customs duty on Aviation Turbine Fuel (ATF) has removed. In addition the government controlled oil marketing companies have announced a price reduction of Rs. 6,000 per kilolitre on ATF. These two steps, will result in an about 17% reduction in prices, but predictably, airlines …

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Spicejet posts net loss of Rs 198 crore for Q2

Press Trust of India reports, low cost carrier SpiceJet today reported a net loss of Rs 198 crore (INR 1.98 billion) for the second quarter ended September 30. The airline had posted a net loss of Rs 37.7 crore in the corresponding quarter of the previous financial year. Total income of the carrier stood at Rs 363.3 crore in the …

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New Delhi airport’s new runway open for round-the-clock operations

The Press Trust of India reports, the third runway of Indira Gandhi International Airport (IGIA), which was recently inaugurated, has been opened for round-the-clock operation from yesterday. The runway, which was inaugurated on August 21 this year by Civil Aviation Minister Praful Patel, was opened for commercial operations from September 25, 2008 but could not be used round-the-clock due to …

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Howrah to get Kolkata’s second airport

According to a Press Trust of India (PTI) report, Kolkata’s Howrah region is proposed to get a second airport in a bid to ease the passenger congestion at the existing Netaji Subhash Chandra Bose International Airport (NSCBIA). Speaking at a function in Howrah yesterday, Subhash Chakraborty, West Bengal Transport Minister said, “There has been a considerable increase of passengers at …

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Jet Airways connects Bangalore to New York and Toronto

Jet Airways, today connected Bengaluru with New York (Newark and JFK) and Toronto, via its European hub in Brussels with four weekly flights – on Fridays, Saturdays, Sundays and Mondays respectively, till December 14, 2008. In keeping with the higher holiday season passenger traffic, Jet Airways will increase its frequency on the sector, operating daily flights between Bengaluru and Brussels …

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GHIAL commissions new Haj terminal at Rajiv Gandhi International

GMR Hyderabad International Airport Limited (GHIAL) announced that it is all set for its maiden Haj operations from Rajiv Gandhi International Airport. GHIAL has provided all facilities at the new Haj Terminal for the convenience of the pilgrims this year. The facilities are meant for both the passengers and the visitors. The Saudia Airlines Airbus A300 flight to Hyderabad will …

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Delta acquires Northwest to create world’s largest airline

Customers can expect ‘business as usual’ with no immediate changes in operations Delta Air Lines, Inc. (NYSE: DAL) announced, it and Northwest Airlines, Inc. merged, creating a premier global airline with service to nearly all of the world’s major travel markets. The new airline, called Delta and headquartered in Atlanta, will begin its first day as a combined company with …

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India’s new cheap travel search launched

CompareSasta.com is the newest entrant in the online travel search market, and has started its service by offering a comprehensive real-time price information of flights and bus travel in India. CompareSasta.com is trying to be India’s leading price comparison website by enabling consumers to search, find, and compare a complete range of products and services best suited to their requirements. …

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Austrian Airlines cancels flights to Mumbai from 1 March 2009

The bad news continues to roll in for Indian aviation. Austrian Airlines announced that it will cease operating its service from Vienna to Mumbai (Bombay) from 1 March 2009 onwards. All international airlines choose Mumbai, the economic capital of India, while ignoring less competitive cities like Bangalore. As a result there is drastic overcapacity between European airports and Mumbai. The …

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IATA reports alarming drop for international traffic

According to the Centre for Asia Pacific Aviation, the International Air Transport Association (IATA) has announced global international traffic results for September, with passenger traffic declining 2.9%, compared to the same month in 2007. International load factors tumbled by 4.4% percentage points from August to 74.8% in September. Giovanni Bisignani, IATA’s Director General and CEO said, “The deterioration in traffic …

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HAL airport closure illegal:Parliamentary committee

The Press Trust of India reports that the Government’s decision to shut down the old Bangalore airport could come under fresh legal scrutiny with a parliamentary panel asking civil aviation ministry to respond to charges of “irregularities” in the concession agreement it has signed with the airport developer. Quoting records of its hearings with the ministry, Airports Authority of India, …

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KLM suspends Amsterdam-Hyderabad service

KLM announced on October 22, 2008, that KLM Royal Dutch Airlines is suspending its Amsterdam–Hyderabad service, effective February 1, 2009. KLM launched flights to this destination in October 2005 in anticipation of a growth in traffic to India. KLM is suspending this service in response to financial results of this route and local market developments. All passengers will be booked …

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Parliamentary committee recommends UDF withdrawl, re-open HAL and Begumpet

In what is sure to be a shock, to both the BIAL and HIAL consortia, the Deccan Chronicale reports, the parliamentary standing committee on transport, tourism and culture, on Thursday October 23, recommended immediate withdrawal of user development fees (UDF) being charged by Hyderabad and Bengaluru airports. It said the private operators had invested only Rs 330 crore and Rs …

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SpiceJet offers new Bangalore Jaipur direct flight

SpiceJet is sure going to win the hearts of the Rajasthani community, and major businesses like Bosch India, with its new Bangalore – Jaipur direct flight. Starting October 26, 2008, SpiceJet schedule will offer a B737 morning departure, same day evening return. SG284 depart Bangalore 08:45 arrival Jaipur 11:30.SG283 depart Jaipur 17:15 arrival Bangalore 20:00.

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Jet wins Conde Nast award, introduces new low fares

At a ceremony at New York’s Public Library recently, Condé Nast Traveler one of the world’s leading high end travel magazine, announced that Jet Airways has been selected as one of the top three airlines in the world in its 2008 Readers Choice Awards survey. Congratulations to the team at Jet. Jet Airways, India’s leading international airline, launched North American …

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Lok Sabha passes Airport Economic Regulatory Authority bill

The Bill for setting up the Airport Economic Regulatory Authority (AERA) was passed by the Lok Sabha on 22-Oct-08. The prime objective of AERA will be to create a level playing field and foster healthy competition among all major airports (Government owned, Public Private Partnership based, Private) encourage investment in airport facilities regulate tariffs of aeronautical services, protection of reasonable …

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Airlines to pay fuel dues in 6 monthly instalments

CNN-IBN reports that airlines will pay all outstanding dues on aviation fuel to oil companies in six monthly installments and will be given a credit limit of 90 days to purchase the current requirement of aviation turbine fuel (ATF), it was decided in the national capital on Wednesday. The decision was taken at a meeting of heads of various airlines …

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Star Alliance launches new brand campaign

With the theme – “You’ve earned it”, Star Alliance launched its new multi-platform brand campaign on Monday, October 20th, 2008. The campaign is aimed at increasing awareness and familiarity of the Alliance customer benefits, with a special emphasis on the value of global recognition for the frequent International traveller. “Working away from home on international business trips can take its …

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Taxes killing aviation – Interview with Dr. Vijay Mallya

Kingfisher Airlines Chairman, Dr. Vijay Mallya, in an interview with Ashwini Phadnis of the Hindu Business Line claims it is “Taxes, not over-capacity, that is killing the Indian civil aviation sector”. The business logic to Dr. Mallya’s statement is to reduce fares by reducing the ridiculous taxation structure on Aviation Turbine Fuel (ATF), which ensures ATF in India is almost …

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Indian domestic air passenger traffic goes from bad to worse

The bad news just does not stop for the domestic Indian civil aviation industry. Recently released figures show an alarming drop to only 8.6 million domestic passengers for the third quarter of (July-September) 2008, with a miserable 2.68 million passengers for September 2008. This represents a 17% reduction over the same period last year, a 19% reduction from the previous …

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