Monday , 6 December 2021

Monthly Archives: October 2008

Jet Airways and JetLite annouce codeshare on domestic routes

The consolidation in the Indian aviation industry has commenced. Jet Airways announced, today, it has entered into a codeshare arrangement with JetLite, its wholly-owned, all economy subsidiary as part of its ongoing efforts to offer passengers synergetic benefits when they choose to fly with the Jet group. As part of the agreement, Jet Airways will place its marketing code (9W) …

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Sanjay Aggarwal is new CEO of SpiceJet

SpiceJet today announced the appointment of Sanjay Aggarwal, as Chief Executive Officer (CEO) with immediate effect. Aggarwal takes over the position from Siddhanth Sharma. Prior to his current responsibilities in SpiceJet Aggarwal held the position of Chief Operating Officer and Chief Strategy Officer for Flight Options. Previously Aggarwal had worked as senior director of Marriott International and had also been …

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Passenger traffic at Bengaluru International Airport down

K.V. Subramanya and Anil Kumar Sastry at the Hindu report that the domestic passenger traffic at Bengaluru International Airport is down. Short-haul domestic air traffic has dropped drastically, and shifted away from the air to surface transport like buses, trains and cars. BIAL is suffering the double blow of a slowdown in the domestic aviation industry which has forced increases …

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MRTPC orders probe into Jet-Kingfisher alliance

Press Trust of India reports that fair trade practices body Monopolies and Restrictive Trade Practices Commission (MRTPC), today, ordered a probe into the operational alliance formed between two leading private carriers, Jet Airways and Kingfisher Airlines. According to highly placed sources, taking a suo moto cognisance based on media reports, the MRTPC ordered its investigative arm, Director General of Investigation …

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UPA Ministers differ on bailout for aviation industry

According to a Press Trust of India (PTI) report, the downturn in the aviation sector yesterday brought the differences among UPA ministers into full play on issues like the bailout for the beleaguered industry. The Labour Ministry convened a tripartite meeting to discuss the sacking of 1,900 Jet Airways employees. “We will seek details of employment and inspect the work …

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Indian Oil commissions 36 km fuel pipeline to Bengaluru International Airport

In a major move to reducing emissions and traffic, while increasing reliability and purity, Indian Oil, commissioned its 36 km long pipeline from its bulk storage terminal at Devanagonthi to Bengaluru International Airport at Devanahalli, where its joint venture with Skytanking GmbH of Germany, IndianOil Skytanking Ltd. (IOSL), is the primary Aviation Turbine Fuel (ATF) vendor. The underground pipeline costing …

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SpiceJet launches ‘special spicy’ reduced air fares

SpiceJet announced a drop in its fares on advance purchases of tickets. Apart from a reduction in basic fare for flights booked 10 to 15 days in advance, SpiceJet will also remove the congestion surcharge of Rs 150. The airline is trying to help passengers who plan their holidays and business trips in advance. Announcing the cut, Samyukth Sridharan, Chief …

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Jet Airways reinstates all sacked employees

In a complete U turn, Jet Airways Chairman, Mr. Naresh Goyal held a sentimental and emotional press conference and announced a reinstatement of all sacked employees. In less than 24 hours claiming all staff are family, Mr. Goyal stressed it was an economic decision to lay off, but an emotional one to reinstate. Keeping in view, the criticism by all …

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Kingfisher and Jet announce alliance

Dr. Vijay Mallya and Mr. Naresh Goyal have just announced an alliance between Kingfisher Airlines and Jet Airways. They announced only rough contours using very broad strokes. Details are awaited. At this point, no equity investment will be made. The alliance will include synergies in routes, sharing ground handling and infrastructure, cross-selling of seats, code shares, crews, and frequent flier …

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Kingfisher Airlines international flights in jeopardy ?

The expansion of Kingfisher Airlines’ much publicised and recent launch international operations, appears to be heading for a cutback even before it has really taken off. AviationWeek’s Neelam Mathews reports “Kingfisher Airlines is likely to stop its international operations following the deepening financial crisis that has hit the Indian airline industry”. She also reports that “Expat pilots and crew at …

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Sanity Check: Bangalore international airport rail link

The Karnataka state government is tripping over itself trying to expedite the High Speed Rail Link (HSRL) to the new Bengaluru International Airport (BIA), conservatively expected to cost Rs. 5,200 – Rs. 5,700 Crore by completion date, somewhere by 2012. The HSRL project has been put on the fast track, and the Karnataka State Industrial Investment and Development Corporation Limited …

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Travel agent commission, Calcutta High Court issues status quo order

Krupa Vora of TravelBizMonitor reports, of a significant development, which has national implications. Travel agents will continue to receive commissions on the sale of airline tickets till the Calcutta High Court passes judgement in the suit filed by a TAFI member agent in Kolkata. The TAFI member agent (plaintiff) filed a suit in Calcutta High Court early last week against …

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IATA figures confirm global aviation slowdown

The Centre for Asia Pacific Aviation reports that the International Air Transport Association (IATA) released international traffic data for Aug-08 that confirmed a continuing downturn. International passenger demand growth slowed to 1.3%, following disappointing growth of 1.9% in July. Passenger load factors fell to 79.2% a sharp drop-off from the 81% recorded during the same period last year as capacity …

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Airlines discriminate against BIAL on UDF collection

I read the following story in the TravelBizMonitor (TBM) with a big pinch of salt. In paragraph two of the TBM article, Dr. Vijay Mallya, Chairman, Kingfisher Airlines, is quoted as saying he is completely against charging the UDF as part of the ticket. Yet airlines are perfectly at ease over-charging passengers a “transaction fee” to cover the travel agent …

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Pay travel agent transaction fee even on refunds

TravelBizMonitor has provided a break-up on the Travel Agent Transaction Fee. As per the decision, travel agents will now charge a Transaction Fee of Rs 350 per ticket on domestic Economy Class, Rs 500 per ticket on domestic Business Class, Rs 2,500 per Economy Class booklet and Rs 3,500 per Business Class booklet. Interestingly, tickets purchased for SAARC, which include …

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