Tag Archives: DIAL

Earlier this week, Indian low cost carrier SpiceJet posted a Rs. 163.5 Crore net loss for the second quarter of fiscal year 2012-13. While this represented a 32% better result than the same period last year, it is still a heavily disappointing result, giving the recent surge in the fortunes of India’s airlines after the shut-down of full service carrier …

India’s erstwhile civil aviation ministry has granted new international flying rights to both national carrier Air India, and private carriers Jet Airways and SpiceJet. First up is Air India, which received flying rights for  several new routes from its Delhi and Mumbai hubs. The Sydney and Melbourne rights give credence to the idea that Air India plans to begin operations …

On Saturday India’s civil aviation minister Ajit Singh, announced that aviation regulator, the DGCA had suspended the operating permit of Kingfisher Airlines, after the carrier failed to respond to their show-cause notice. With mountains of unpaid debts, the airline has been on life-support for some time now. Unpaid employees have been striking since October 1, resulting in a suspension of …

Continuing from part 1 of the interview with the the soft spoken CEO of GoAir, Giorgio De Roni, who has quietly turned around the Wadia family promoted airline from a rock bottom position, dismal market share, and reputation for frequent cancellations, to a top performing contender in the Indian airline industry, with some of the best performance parameters in the …

Over the last 18 months, the soft spoken Giorgio De Roni has been quietly turning around the Wadia family promoted GoAir. From a rock bottom position, dismal market share, and reputation for frequent cancellations, De Roni has grown GoAir to surpass Kingfisher Airlines and JetLite in market share, and made GoAir a contender in the Indian airline industry, with the …

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 …

In a report titled “Implementation of Public Private Partnership, Indira Gandhi International Airport, Delhi” the Comptroller and Auditor General of India (CAG) has found faults in almost every step of implementation of the Public Private Partnership (PPP) model in the brownfield privatisation of New Delhi’s Indira Gandhi International Airport (IGIA). While acknowledging the PPP was the correct method to follow …

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 …

Less than a year after it commenced international operations, India’ s largest low cost carrier (LCC) IndiGo, is planning a massive expansion of its Dubai operations, adding four new flights to its current two daily flights (one each from Mumbai and Delhi). Additionally, the carrier will add a second daily flight between Delhi and Bangkok. The carrier, which operates 57 …

When the Indian Pilots Guild, one of two pilot unions at national carrier Air India, began a strike around 2 weeks ago, it once again illustrated the deep fallacy of the employee situation at Air India. Coming on the heels of a $5.8 bailout package over 8 years offered by the Indian government, IPG’s industrial action marks just the latest …

Image courtesy Wikipedia. At a time when the Indian airline industry is already reeling under the double whammy of lowering economic output and sky-rocketing fuel prices, passengers and airlines are going to get hit by a massive hike in both passenger and aeronautical charges at the national capital New Delhi’s Indira Gandhi International Airport (IGIA). The airport operator Delhi International …

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 …

Earlier today, Japanese national carrier Japan Airlines (JAL) announced that it would be introducing 5 weekly Boeing 787 services between Tokyo’s Narita Airport and New Delhi’s Indira Gandhi International Airport (IGIA) from the northern summer 2012 schedule which begins at the end of March, 2012. The Dreamliner replaces the existing 5 weekly Boeing 777-200ER service. Japan Airlines will also be …

According to a report from the Press Trust of India (PTI), Indian civil aviation minister Vyalar Ravi revealed before the Rajya Sabha today that Air India’s estimated loss for FY 2010-2011 was Rs. 6,994 Crore, down sharply from the Rs. 5552.55 Crore loss posted in FY 2009-2010. Ravi also said that, “Based on April-September, 2011 route wise profitability, two routes …

Yesterday, Air India chief executive Rohit Nandan announced that Air India would be withdrawing one of its two daily Delhi-London-Heathrow flights from February 2012 and auctioning off the slots. Currently, Air India competes on the sector with Kingfisher, British Airways, Virgin Atlantic, and Jet Airways; all of whom offer more consistent products and command higher fares than Air India. The …

IndiGo, India’s fastest growing airline, will be introducing service to Kathmandu from late October of this year. The Delhi-Kathmandu flights will be served once daily on Airbus A320 aircraft from 28th October. Flight schedules for the new flights are as follows: 6E031 ~ DEL: 1055 ~ KTM: 1300 – 320 Daily 6E032 ~ KTM: 1400 ~ DEL: 1550 – 320 …

Earlier this month, all 3 of India’s publicly traded carriers announced their results for the first quarter of Fiscal Year 2012. Devesh has already taken a look at the operating parameters for the quarter, so I’ll be digging into the raw data itself. The three carriers to be studied are; Jet Airways Group; composed of full service carrier Jet Airways …

The promoters of New Delhi’s Indira Gandhi International Airport (IGIA) have introduced a ‘Park N Fly‘ scheme at the new Multi Level Car Park (MLCP) at Terminal 3 (T3). The car park is the largest in India with a capacity of 4300 vehicles spread across seven floors. The Park N Fly facility is available at the premium parking area on …

Earlier today passengers cheered hearing that the Supreme Court of India ruled that the charging of Airport Development Fee (ADF) by the private airport operators was incorrect. The initial cheer of air passengers flying out of Delhi though is short lived. A detailed reading of the record of proceedings of the case (read page 42 onwards) allows the operators of …

The Supreme Court of India has ruled that the private consortia running the Delhi and Mumbai airports will not be allowed to charge an airport development fee (ADF) on passengers. The stock prices of both the GMR group which leads Delhi International Airport Ltd. (DIAL) and GVK Group which leads Mumbai International Airport Ltd. (MIAL) were hammered on the stock …