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Tag Archives: Devesh Agarwal

Air India’s first Boeing 787-8 Dreamliner lands in Delhi

The 35th Boeing 787-8 Dreamliner painted in national carrier Air India livery touched down in the capital New Delhi earlier this afternoon. The aircraft currently registered N1015B which will become VT-ANH when delivered to Air India, lifted off from King County International Airport better known as Boeing Field at 10:01 Pacific time under the radio call sign Boeing 236 to …

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Video and photos: Lufthansa’s new full flat bed business class aboard its Boeing 747-8i coming to India

German carrier Lufthansa finally revealed its new full flat business class cabin which will be on its new Boeing 747-8i aircraft which are expected to be deployed on the New Delhi and Bangalore routes later this year, thus bringing to Bangalore, at least, the most modern business class cabin in the skies. Click on any image for a high resolution …

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Kingfisher Airlines blames crisis on income tax department for seizing its bank accounts

In a statement to clarifying the on-going crisis, Kingfisher Airlines has virtually blamed the Income Tax department of India for seizing the airline’s bank accounts. Since the airline has never made a profit since commencement, the airline would not be past due on income tax. What it could be past due on, is, Tax Deduction at Source (TDS). Tax Information …

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Government’s Air India bailout can feed ALL hungry Indians for a year

I recently came across an article by noted Indian journalist T.N. Ninan, titled “Do-gooder economics and the Lokpal“. It got me thinking; by most economic logic, national carrier Air India should have been wound up ages ago. The carrier has annual losses crossing $1.4 billion (Rs.7,000 Crore) and accumulated debt now approaching $10 billion. Now, the government wants to inject …

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Financial troubles put Kingfisher Airline’s entry in to oneworld on indefinite hold

With just one week to go, Kingfisher Airline’s entry in to oneworld has been put on “indefinite hold”. An official statement released a few minutes ago, says India’s Kingfisher Airlines and oneworld® today agreed to put the airline’s entry into the alliance on hold to give it time to strengthen its financial position. Quoting oneworld CEO Bruce Ashby “These are …

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airberlin and NIKI to join oneworld alliance from 20 March

German carrier, airberlin will become a full member of the oneworld® alliance with effect from Tuesday 20 March 2012. Austrian airline NIKI, also a member of the airberlin group, will join oneworld at the same time as an affiliate member. airberlin received its green light to board oneworld after successfully completing a thorough review of its readiness conducted by British …

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2011 gives airlines mixed signals. Passenger traffic up 5.9% but freight contracts 0.7%

The International Air Transport Association (IATA) reported that full year 2011 passenger demand rose 5.9% compared to 2010, in line with long-term growth trends. In contrast, cargo markets contracted by 0.7% for the year. Growth in demand lagged behind capacity increases at 6.3% for passenger and 4.1% for cargo putting downward pressure on load factors and fares. The average passenger …

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AirAsia group struggles onwards in India

Vinay Bhaskara and Devesh Agarwal When Malaysian budget carrier AirAsia X announced last week that it would be ending service to Mumbai, Delhi, London, and Paris earlier this month, industry analysts seized on the occurrence as a repudiation of the long haul, low-cost business model. AirAsia X, an offshoot of Southeast Asian behemoth AirAsia, operated 377 seat Airbus A330-300s to …

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Dassault Rafale selected in $10.4 billion Indian Air Force MMRCA deal

One of the largest military contracts in the world, the Indian Air Force’s competition for 126 Medium Multi-Role Combat Aircraft (MMRCA) appears to have been decided in favour of the French airframer Dassault’s Rafale, though there is no official confirmation. Sources indicate the Rafale has been selected over the Eurofighter Typhoon from European competitor EADS for a contract estimated at …

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Photos: Kingfisher Airline’s stripped and decaying Airbus A321s and A330

Some depressing photos to commence the week of three Kingfisher Airline’s Airbus aircraft VT-KFR, VT-KFW, and VT-VJO lying grounded, getting stripped of parts and engines, and slowly decaying at Indian airports, While one can understand the business strategy of Kingfisher of reducing costs and performing fire-fighting cost-cutting, it is depressing to see these beautiful aircraft being canibalised like this. Sources …

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Video: Om Shanti Om – Finnair crew dances onboard flight celebrates India’s Republic Day

A group of Finnair cabin crew sent their greetings to India on the eve of the nation’s 63rd Republic Day with a “Take OFF to Bollywood” dance aboard the carrier’s flight AY021 from Helsinki to New Delhi. Ms Helena Kaartinen a cabin crew of Finnair and a group of her colleagues came aboard the aircraft after the passengers were boarded, …

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Pictures: Qatar Airways to open new premium class lounge at London Heathrow airport

Qatar Airways is opening its new Premium Lounge at London Heathrow this week. The Premium Lounge at Terminal 4 will be the airline’s first dedicated facility outside its Doha hub, underscoring London’s importance as a destination for the airline which will commence its fifth daily service from March 25. Lounge access will be restricted to the airline’s First and Business …

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