Thursday , 21 November 2019
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Vinay Bhaskara

Analysis – Jet Airways decision to axe Chennai-Brussels and add Bangalore-Munich is viable

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

It has been almost a month since India’s largest airline Jet Airways announced that it was cancelling its flights between Chennai (India’s third largest city) and its once robust scissors hub in Brussels, and I still am having trouble fully understanding the impetus behind the decision, though I do believe that there is a scenario where the move(s) made by …

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Boeing Posts a Strong 3rd Quarter

Late yesterday, Boeing, the world’s second largest commercial aircraft manufacturer by deliveries, reported its results for the 3rd quarter of calendar year 2012. The Seattle-based original equipment manufacturer(OEM) reported a net profit of $1.03 billion ($1.35 per share) on revenues of more than $20 billion. Revenues grew 13%  versus Q3 2011, driven primarily by a 28% growth in revenue at …

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Opinion: India’s government should allow A380 operations into India

Late last week, a report published in the Business Standard suggested that India’s erstwhile Ministry of Civil Aviation may finally loosen its rules governing Air Service Agreements (ASAs – or bilateral) by removing the aircraft type clauses from such agreements and restricting only seats,  frequencies, and route pairs allowed. What this means in effect, is that there would no longer …

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In-flight review: Lufthansa new Business Class: Boeing 747-8i and Airbus A330-300: Mumbai Munich

Lufthansa new business class cabin

Following an excellent trip in India, I started off on my return flight to the US. I got to Mumbai Airport around 22:20 (10:20pm) for my flight to Munich at 01:07. Mumbai airport – A series of bottlenecks Right now Mumbai Airport is in a bit of a transition phase as they construct the new integrated terminal so I suppose …

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Analysis: Indian carriers get new international flying rights

Late yesterday, India’s ministry of civil aviation (MoCA) announced the latest allocation of traffic rights to Indian carriers. Traffic rights granted effective Summer 12 Spicejet – 7 services/week for Delhi-Kabul, Delhi-Guangzhou, Madurai-Colombo, Hyderabad-Bangkok, Trivandrum-Male, Cochin-Male, Delhi-Dubai, Mumbai-Dubai, Delhi-Hong Kong, Delhi-Riyadh. Jet Airways – 4 services/week on Guwahati-Dhaka, 7 services/week each on Mumbai-Chittagong, Kochi-Kuwait, Mumbai-Kuwait, Trivandrum-Dubai, Chennai-Colombo-Male, Mumbai-Singapore, Delhi-Singapore, Mumbai-Dar es …

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Analysis: SpiceJet plots international expansion and should create an international hub in Delhi

When Gurugaon -based low-cost carrier (LCC) SpiceJet announced its latest round of international expansion, it continued the recent shift in strategy by India’s second largest LCC. Amongst the new routes announced or filed for (according to a report from the Mint, India’s local Wall Street Journal affiliate) were Madurai-Colombo, Delhi-Dhaka-Rangoon/Yangon, Delhi-Riyadh, Delhi-Guangzhou, and Trivandrum-Male. Of these, Madurai-Colombo has already been …

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Greetings from India (Vinay)

For the first time since I joined Bangalore Aviation, I am posting from India; Bangalore to be exact. I am definitely excited to be back in India for only the second time since I lived here for a year back in 2003, and being on the ground here is an immensely enjoyable experience. I will be in Bangalore today and …

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Analysis: Jet Airways re-configures its Boeing 777-300ER economy class seats to lower costs

When India’s largest full service carrier Jet Airways announced that it was reconfiguring its fleet of five Boeing 777-300ER aircraft, it was a part validation of Bangalore Aviation’s suggestion made in March of this year. Jet Airways will be switching its Boeing 777-300ERs from a 9-abreast 3-3-3 seating configuration in economy class to a 10 abreast 3-4-3 seating configuration. The move …

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Jet Airways Q1 FY 2012-2013 analysis – prudent cost cutting leading to profits

When Mumbai based full service carrier Jet Airways reported a Rs. 33.3 Crore net pre-tax profit in the first quarter of fiscal year 2012-2013, it represented a resounding statement that the Indian airline industry may have finally found its footing. Photo copyright Devesh Agarwal. Having slipped to net losses in each quarter last year due to the near constant rise …

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Maldivian Adds Service between Male and Chennai/Mumbai

Earlier today, Maldivian national carrier Maldivian announced that it would be adding new flights between its hub at Ibrahim Nasir International Airport in Male, and Mumbai and Chennai. The new flights would operate 3 times per week, and are being launched from November of this year along with Dhaka, Bangladesh (also a thrice weekly operation). The flights to Mumbai will …

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Kingfisher Q1 FY2013 analysis – losses exceed three times the revenue. Is the end near?

Beleaguered full service carrier Kingfisher Airlines has served notice of its dire straits, by reporting a massive Rs. 963.3 Crore net pre-tax loss in the first quarter of fiscal year 2012~2013. Even as Kingfisher Airlines chairman Vijay Mallya wrote a controversial letter to Kingfisher’s employees asking them to work without pay for the next few months, it appears that Kingfisher …

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Analysis: Jet Airways Spinning Off Jet Priviledge

Mumbai based full service carrier Jet Airways recently released its annual report for fiscal year 2011-2012, and amongst the many things discussed was this (not so) little nugget about Jet Airways’ frequent flyer program JetPrivilege. The loyalty industry is evolving in India. Your Company proposes to leverage this evolving business opportunity by setting up a marketing services company engaged in …

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Analysis: Jet Airways asks for Indian government approval to join Star Alliance

Earlier today, a report from liveMint.com (India’s version of the Wall Street journal), stated that Mumbai based full service carrier Jet Airways has formally asked the Indian government for approval to join the Star Alliance global partnership of carriers. Readers of Bangalore Aviation will remember that beleaguered national carrier Air India was put on hold indefinitely by Star Alliance in August of …

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SpiceJet Fiscal Year 11-12 Financial Analysis – Too much growth and high fuel prices offset strong cost discipline

As with all of the Indian airlines, Delhi based low cost carrier SpiceJet faced disappointing financial results in the fourth quarter and full year of fiscal year 2012, posting a net loss of Rs. 605.8 Crore for FY 11-12 and Rs. 249.2 for Q4. After large net losses at India’s two other publicly traded carriers Kingfisher and Jet Airways, SpiceJet’s …

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