Tag Archives: India

Malaysia Airlines posts operating profit in Q2 2013

by Vinay BhaskaraNewly minted oneworld alliance member Malaysia Airlines saw progress in Q2 2013 in its corporate turnaround plan as the carrier swung to a RM (Malaysian Ringgit) 8 million (US $2.4 million) operating profit from an operating loss of RM 102 million (US $31.0 million) during the same period a year prior. The performance was buoyed by 14% revenue …

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IndiGo adds Ranchi as its 34th destination

Indian budget carrier IndiGo, has announced the introduction of new daily flights to Ranchi from Delhi and Patna. The airline will service the three cities in a circular routing i.e. Delhi-Patna-Ranchi-Delhi and reverse from today. Flight No. Origin Destination Departure Arrival Frequency Via Fare* Effective 6E 493 Delhi Ranchi 4:20 PM 6:10 PM Daily 4011 18-Aug-13 6E 494 Delhi Ranchi …

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Jet Airways Q1 FY2013~14 performance analysis – part 1 – Financials

by Vinay Bhaskara and Devesh Agarwal Earlier this week, Mumbai based Jet Airways announced a net post-tax loss of Rs. 355.4 Crore (US $ 59.8 million) for the first quarter of Fiscal Year 2014, reversing from a Rs. 24.7 Crore net profit during the same period a year prior. Total revenues declined a whopping 12.3% to Rs. 4, 064.4 Crore …

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Travelling with new lower check-in and carry-on hand baggage allowances

by Devesh Agarwal Last month, I flew more than 50,000 miles across many nations, and airlines, and in the process experienced the carry on hand baggage and check-in baggage rules of different airlines, countries, and airports and to a chance try out new lightweight luggage. [Disclaimer: I have not received any benefit, in any form, from any of the airlines …

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University of Applied Sciences Frankfurt launches MBA in Aviation Management course in India

The Fachhochschule Frankfurt am Main (FH FFM) in collaboration with the University of Petroleum and Energy Studies (UPES), head-quartered in Dehradun has launched a course offering an MBA in aviation management. 28 students have taken up their studies in programme launched in Indian aviation’s metro hubs Delhi and Mumbai. EU to India ambassador – Mr. João Cravinho lighting the inaugural …

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Jetihad is born. Etihad buys 24% stake in Jet Airways for $379 million. To inject additional $220 million.

Etihad Airways to inject additional $220 million in to Jet Airways by Devesh Agarwal We are reproducing the official release. Our analysis of this transaction will follow next week. Jet Airways and Etihad Airways at a glance   Highlights Strategic investment under FDI policy of the Government of India will deliver wide-ranging revenue growth and cost synergy opportunities for both …

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India and Singapore enhance bi-lateral air capacity by 10%

by Devesh Agarwal India and Singapore signed a new Memorandum of Understanding (MoU) on bilateral air services arrangement in the presence of Civil Aviation Minister, Shri Ajit Singh and Minister of Transport of Singapore, Mr Lui Tuck Yew on April 2 in Singapore. It rationalizes the capacity entitlements of both countries in terms of seats per week in each direction …

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AirAsia JV approved. Aviation ministry officials seek policy clarification

by Devesh Agarwal India’s Foreign Investment Promotion Board (FIPB) today gace an in-principle approval to the Joint Venture (JV) company proposal of AirAsia, the Tatas and the Bhatias. The stated goal of this JV company is to form and operate an airline most likely AirAsia India, based out of Chennai. As per a report, the JV will initially invest about …

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Air India’s Emperor Class. How the Indian aristocracy abuses its “NetJets”

Air India Boeing 747-400 VT-ESP Ajanta. Image copyright Devesh Agarwal.

Officially India gained independence from monarchy on August 15, 1947. Fast forward these 66 years and the current breed of India’s aristocracy is very much alive and kicking. The British colonists may have left India, but the “Raj” continues, if only by a different name. Welcome to Air India’s Emperor Class. Not the earlier Boeing 747s, the carrier named after …

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A disappointing budget for the aviation industry

by Devesh Agarwal Finance minister P. Chidambaram disappointed the Indian aviation industry in his budget presented before the Parliament yesterday. Last year, then finance minister Pranad Mukherjee, had offered a small relief to the fledgling aviation MRO (Maintenance, Repair, Overhaul) industry by giving a waiver in customs duty for import of spare and testing equipment, but required the spares be …

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Summary of the Economic Survey 2012~2013

Every year, the Finance Minister, and the Government’s Chief Economic Advisor release the Economic Survey, a day ahead of the annual budget, which details the performance of the Indian economy and expectations. The aviation industry is closely linked to the economic growth of the country, and it is a well established norm, that the industry grows at about two times …

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Jet Airways site says they halved ticket pices in a sale, but we cannot find the savings

by Devesh Agarwal Experience India’s biggest air ticket sale with 20 lakh seats on over 450 daily flights across 57 cities within India. Lofares on Jet Airways and JetKonnect flights starting INR 2,250. is what Jet Airways’ website screams at you as one of the largest Indian carriers launches a mega sale valid till February 24, in which it appears …

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Japan Airlines wants to start Tokyo Bangalore service, but not in the near future.

Japan Airlines Chairman Masaru Onishi

Japan Airlines (JAL) wants to start a Bangalore Tokyo service, but does not have any plans to do so in the near future, Masaru Onishi, Chairman of the airline, told Bangalore Aviation on the sidelines of the Oneworld event to mark the entry of Malaysia Airlines in to the alliance. Onishi went on to say, with the growing investment of …

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Analysis: Malaysia Airlines entrance into OneWorld strengthens the alliance’s network and Indian presence

by Vinay Bhaskara Malaysia Airlines A330-300 9M-MTE in oneworld livery On February 1st. 2013, Kuala  Lampur based Malaysian national carrier Malaysia Airlines will officially join the OneWorld alliance, a partnership of11 airlines around the world that serves more than 849 destinations globally. Malaysia Airlines serves 61 destinations on a fleet of 105 aircraft, and enjoys a strong reputation as one …

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Jet Airways offers old Indian Airlines pre-paid booklet scheme to counter passenger flight to trains

Indian airlines are in a no-win situation. From one side they face excessive taxation which distorts input prices like aviation fuel to twice its international price, from the other, airports hiking up charges. After years of bleeding, the airlines have, for the last six months, been hiking airfares to redress the situation. However, many of the hikes are simply too …

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Share your view: Strikers manhandle fellow employees at Kingfisher Airlines disrupting flights across the network

Our topic of this week comes thanks to the financial troubles at Kingfisher Airlines. The flights of the financially ailing carrier have been disrupted across its India network due to striking engineers. As per media reports, striking employees, after hearing that some employees received salaries, manhandled fellow employees, beat up a management executive, held passengers hostage aboard a flight for …

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SilkAir to commence Visakhapatnam Singapore service

SilkAir, the regional wing of Singapore Airlines (SIA), will launch nonstop air services between Visakhapatnam (VTZ) and Singapore (SIN) from the winter 2012 schedule which commences on 28 October, making it the first airline carrier to provide a nonstop international air connection from Visakhapatnam. The new thrice a week service will be operated with Airbus A319 and A320 aircraft, in …

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Video: AirAsia to be first operator of Airbus A320 fitted with ‘Sharklets’ wing-tips

Malaysian low cost carrier AirAsia, the world’s largest customer for the Airbus A320, will become the first operator ‘Sharklets’ fitted A320s when they take delivery of the first A320 equipped with these fuel-saving wing-tip devices at the end of this year. The carrier has ordered a total of 375 single aisle aircraft, comprising 200 A320neo and 175 A320ceo, of which …

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