IndiGo reported its second quarter (ending September 30) results for the fiscal year ending March 31 2017 (FY2017). With earnings of Rs 139.8 crores, the results yet again failed to meet analysts’ expectations. As reported earlier, intense competition in the market, consistent fare sales and aggressive capacity addition have added to the revenue pressures. Key numbers Passenger Revenue – Rs. …
Read More »Tag Archives: NEO
Analysis: Qatar Airways continues its explosive growth in 2012
Source Even as chief rival Emirates Airlines reported a sharp 72% decline in net profit to $408 million in fiscal 2012, fellow Middle Eastern juggernaut Qatar Airways is continuing with its exuberant pace of expansion. Earlier this year, the airline, which serves 116 destinations on a fleet of 108 aircraft, announced plans for 65-77 new weekly flights to 13 new …
Read More »Podcast: India’s airline market overview
Earlier this morning I had the opportunity to record a podcast on the state of Indian airline market along with IAG’s Addison Schonland and The Gate at FlyerTalk author Vinay Bhaskara. Amongst the topics covered — the mess called Air India, and the mega A320neo order by IndiGo. We hope to make this podcast a monthly affair.
Read More »John Leahy reveals Airbus A320 NEO (new engine option) plans
At the recently concluded EADS Global Investor Forum 2010, John Leahy the chief operating officer for Airbus S.A.S. the commercial airframe manufacturer owned by the consortium revealed plans on its proposed New Engine Option (NEO) for its ultra-popular A320 family of aircraft. In this slide, Mr. Leahy unveils an artistic impression of the re-engined single-aisle narrow body airliner and outlines …
Read More »