Thursday , 21 November 2019
Home >> 2019 >> April

Monthly Archives: April 2019

The value erosion of Jet Airways

Four 777-300's of Jet Airways at Amsterdam.

Jet Airways has suspended operations as of April 17, 2019.  It was an action that should have been taken much earlier. The debate continues on whether a consortium will successfully bid and re-start the airline or if the government will step-in. While the 16,000+ employees are still hopeful, the fact of the matter is that actions have left the airline …

Read More »

Emirates and Spicejet announce codeshare agreement

Emirates and SpiceJet have announced a codeshare agreement to allow both the airlines to take advantage of each others network. The airlines have signed a Memorandum of Understanding (MoU), which following regulatory approvals will allow SpiceJet to place its code and offer connections on Emirates vast international network. Emirates will gain access to 51 domestic destinations with 10 direct destinations …

Read More »

BIAL announces 120% increase in UDF for next four months

The main passenger terminal building at Bangalore Airport.

Bangalore Airport (BIAL) has announced that the User Development Fee (UDF) at the Kempegowda International Airport, will be increased for four months from 16 April 2019. The UDF per passenger will be revised: from Rs. 139 to Rs. 306 for domestic departures from Rs. 558 to Rs. 1,226 for international departures The revised fee will be applicable for tickets procured …

Read More »

Jet Airways cancels flights to London, Amsterdam and Paris

Four 777-300's of Jet Airways at Amsterdam.

Continuing from yesterday, when the airline cancelled its international flights from Bangalore and Chennai. Jet Airways now appears to have cancelled all its flights to London, Paris and Amsterdam. All flights to the above cities have been cancelled for today, they are currently showing as scheduled for tomorrow. However, it is uncertain that Jet will be able to resume these …

Read More »

SpiceJet to lease 16 additional 737-800’s

Spicejet Boeing 737-800 VT-SPL "Cardamom"

SpiceJet has announced that it will dry lease 16 additional Boeing 737-800s. The airline has applied to the Directorate General of Civil Aviation for a No Objection Certificate to import the aircraft. The airline has not identified the source of the lease. SpiceJet currently has 13 737 MAX 8s grounded and has indicated that the recent troubles of Jet Airways …

Read More »

Grounding Jet Airways is best option for now. Force lenders to act decisively

A Jet Airways Boeing 777-300ER pulling into it's gate at London Heathrow.

The saga of Jet Airways has been analysed to death. The situation is turning in to a tale of “could have, should have, would have……..”. In this scenario, we opine the best option, for now, is to ground Jet Airways, and suspend all operations. It is a radical opinion, but do read on. The current situation The proposed funds infusion …

Read More »

Jet Airways cancels Bangalore – Amsterdam, Chennai – Paris and all Singapore flights

Jet Airways Airbus A330-300. Image courtesy Jet.

Beleaguered carrier Jet Airways seems to be going from bad to worse, while the airline is inching forward on fumes waiting for emergency funding – the delay is continuing to cost the airline dearly. So far in the last 30 days: The airline’s fleet has reduced from over a 100 aircraft to around an estimated 15 today. Jet Airways cancels …

Read More »

Why is the Jet Airways stake sale not receiving any expressions of interest?

Jet Airways Airbus A330-300 VT-JWQ. Image copyright Vedant Agarwal.

The first day of release of the Expression of Interest (EOI) document for the sale of Jet Airways (download here) failed to see any formal response. Inspite of tomorrow being the deadline for submission investor interest has been tepid at best. We feel there are some key reasons for this lack of interest. No certainty on the price and value …

Read More »

Indigo begins domestic flights from Mumbai T2, adds three international flights

Indigo Airbus A320neo VT-ITK. Image copyright Vedant Agarwal.

Low-cost carrier Indigo has announced that it will begin 20 new domestic flights from Mumbai and three international flights. The airline is adding international flights to Damman, Jeddah and Abu Dhabi, all of which were previously destinations served by Jet’s 737 fleet. The new domestic flights will be operated by the airline from Mumbai’s Terminal 2. Rival airlines have been …

Read More »

Airbus orders and deliveries – March 2019. Sales and deliveries gain momentum.

European airframer Airbus has closed out the last month of the quarter with 58 orders. While the figures are much better than the first two months where the company only secured orders for four of it’s the smallest aircraft. Airbus will still close the quarter with a net order deficit of 58 aircraft. The manufacturer has also not yet accounted …

Read More »

Vistara adds five daily flights from Bangalore to Mumbai, along with other seasonal flights

Full-service carrier Vistara has announced that it will begin operating 14 new flights from 16 April 2019. The flights will be between Mumbai and Bangalore, Hyderabad and Kolkata with varying frequencies and will end on 15 July 2019. The airline appears to be taking the opportunity to seize the market share previously held by rival Jet Airways. In all likely hood …

Read More »

List of candidates to lead the Jet Airways turnaround

Jet Airways A330 fleet at New Delhi IGI airport Terminal 2

It is well known the aviation business is competitive, and India is probably the most difficult market to succeed in. While airlines are making handsome profits across the world, almost every Indian airline is facing financial issues. Leading the losses are national carrier Air India and private sector pioneer Jet Airways. Even the low-fare carriers are suffering in this era …

Read More »