Tag Archives: Kingfisher Airlines

India’s top three airlines have withdrawn a transaction fee on air tickets effective today for tickets sold through their call centres, websites or offices. Air India, Jet Airways and Kingfisher Airlines have withdrawn the fee, which ranges from 350 rupees on a domestic economy ticket to 1,200 to 10,000 rupees on first class international tickets. Earlier this month, airlines had …

After steadily loosing market-share, low cost carriers (LCCs) like IndiGo, SpiceJet, and Kingfisher Red (former Air Deccan), have clawed back from 41% during the July-September 2008 quarter, to 46.4% in October. Indian domestic passenger numbers and passenger numbers growthJanuary 2007 to October 2008 Source: Centre for Asia Pacific Aviation and Ministry of Civil Aviation While passenger number rose in October, …

The turmoil in the Indian airline industry during the month of October has produced results that can be, only mildly described as, significant. In just four weeks, castles built over the last four or more years, have come crashing down. By the end of 2008, the Indian airline industry which accounts for less than 2% of the global airline market, …

The Business Standard reports that Indian carrier Jet Airways is believed to have struck a deal last week with west Asian investment agency Mubadala Development Company for a funding of Rs 1,000 crore (approx $ 200 million). The instrument of funding, however, has yet to be formalised.Mubadala is wholly owned by the government of Emirates of Abu Dhabi. The tenure …

With the aviation industry in a facing rough weather, private air-carrier Jet Airways has terminated services of up to 35 expatriate pilots who captain the airlines’ Boeing 737-aircraft. Confirming the development, a Jet Airways spokesperson said some 25-odd pilots have been sacked. But aviation industry sources claimed that services of up to 35 expatriate Boeing-737 captains have been terminated by …

Politics is the last refuge of scoundrels, very true in India, especially those from the state of Bihar, and the pinnacle is the Rashtriya Janata Dal.The Press Trust of India reports Union Minister and Rashtriya Janata Dal MP Akhilesh Prasad Singh allegedly beat up the station manager of Kingfisher Airlines at Patna Airport on Monday after he was not allowed …

Thanks to the global reduction in crude oil prices, and reductions in Customs duty (in response to desperate pleas by airlines), Aviation Turbine Fuel (ATF) prices in India, have retreated back to earlier levels of 8 months ago. Today, ATF is priced almost the same as in March 2008, but air fares show no sign of retreating. Airlines had almost …

Kingfisher Airlines Chairman, Dr. Vijay Mallya, in an interview with Ashwini Phadnis of the Hindu Business Line claims it is “Taxes, not over-capacity, that is killing the Indian civil aviation sector”. The business logic to Dr. Mallya’s statement is to reduce fares by reducing the ridiculous taxation structure on Aviation Turbine Fuel (ATF), which ensures ATF in India is almost …

The bad news just does not stop for the domestic Indian civil aviation industry. Recently released figures show an alarming drop to only 8.6 million domestic passengers for the third quarter of (July-September) 2008, with a miserable 2.68 million passengers for September 2008. This represents a 17% reduction over the same period last year, a 19% reduction from the previous …

Press Trust of India reports that fair trade practices body Monopolies and Restrictive Trade Practices Commission (MRTPC), today, ordered a probe into the operational alliance formed between two leading private carriers, Jet Airways and Kingfisher Airlines. According to highly placed sources, taking a suo moto cognisance based on media reports, the MRTPC ordered its investigative arm, Director General of Investigation …

The blood letting in the Indian aviation industry shows no signs of stopping. After the much publicised sacking of 850 cabin crew early on October 15, Jet Airways announced the retrenchment of another 1,050 staff, which also includes flight crews. News reports indicate that another 1,000 jobs will be cut by the end of this year. That will bring down …

Dr. Vijay Mallya and Mr. Naresh Goyal have just announced an alliance between Kingfisher Airlines and Jet Airways. They announced only rough contours using very broad strokes. Details are awaited. At this point, no equity investment will be made. The alliance will include synergies in routes, sharing ground handling and infrastructure, cross-selling of seats, code shares, crews, and frequent flier …

The expansion of Kingfisher Airlines’ much publicised and recent launch international operations, appears to be heading for a cutback even before it has really taken off. AviationWeek’s Neelam Mathews reports “Kingfisher Airlines is likely to stop its international operations following the deepening financial crisis that has hit the Indian airline industry”. She also reports that “Expat pilots and crew at …

The deepening economic crises are forcing the hands of the private airlines in India. Manisha Singhal of the Business Standard reports that airlines have sought a bailout of almost $1 billion (Rs. 4,700 Crore) amidst losses expected to reach $2 billion this year. Take a cue from the recent $440 million (Rs. 2,000 Crore) bailout of NACIL, the national airline, …

Rumours and news have it that all is not well at Kingfisher Airlines. The expansion of the much vaunted and recently launched international services have been curtailed or delayed. The planned launch on the Mumbai London route has been indefinitely postponed. To use the 5 Airbus A330-200 aircraft currently in the fleet, 3 of which are parked on the ground, …

Manisha Singhal / Mumbai, Business Standard For decades, more than 70 per cent of the business and first-class passenger market between India and Singapore has been controlled by Singapore International Airlines (SIA). But home grown Vijay Mallya’s Kingfisher Airlines is all set to challenge that with daily flights to the island city starting September 18 from Mumbai, a move that …

Nirbhay Kumar & Chanchal Pal Chauhan, ET Bureau NEW DELHI: Yet another hitch is cropping up in the way of Kingfisher’s international dreams. While UB Group chief Vijay Mallya wants to fly on the global routes using Kingfisher’s call sign, civil aviation ministry officials feel that international operations of the airline can use only the Air Deccan call sign. Mr …

Kingfisher Airlines – Air Deccan will commence its much awaited international operations on September 3, 2008, offering Bangalore to London Heathrow non-stop service using its newly arrived Airbus A330 aircraft. As per the airline website, the schedules are : BLR-LHR IT1 0840 – 1450LHR-BLR IT2 2205 – 1235+1 More details on the Kingfisher website. Totally four A330 aircraft have arrived. …

19 Aug, 2008, IANS NEW DELHI: The national consumer redressal body has pulled up Kingfisher Airlines for adopting an unfair trade practice by misinforming passengers about the airline they were flying by. J.K. Mittal bought a Delhi-Bhubaneswar return ticket on a March 8 Kingfisher flight over the internet from the airline’s website. He paid Rs.4,800 each way. When he reached …