SpiceJet announced the launch of 8 new direct flights to Gwalior in Madhya Pradesh. This city will be connected under the UDAN III scheme. It is the airline’s 11th destination under the regional connectivity scheme (RCS). In doing so, SpiceJet continues building its network strategy of connecting smaller towns and cities while leveraging the government’s flagship policy. The UDAN scheme …
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Singapore Airlines begins operations with Bangalore bound regional A350
Singapore Airlines has begun operating its regionally configured Airbus A350-900 aircraft. The airline flew the inaugural flight of the new product from Singapore to Adelaide, Australia. The aircraft is configured 303 seats with 40 business and 263 economy seats. The product is the same regional product found on the airline’s Boeing 787-10. The business class features a 1-2-1 layout with …
Read More »Analysis: Indigo second quarter FY2018 results: soaring high
India’s largest domestic carrier, IndiGo, reported its second quarter results of the fiscal year 2017-2018 (Q2FY18) yesterday. It was a result that surpassed expectations. IndiGo Q2FY18 results snapshot (in ₹) comparisons to Q2FY17 Revenues ₹5,506 crores (up 13%) Costs ₹4,741 crores (up 14.2%) EBITDAR ₹1,581 crores (up 61.8%) Profit before tax (PBT) ₹7,645 (up 333%) Profit after tax (PAT) ₹551 crores …
Read More »IndiGo announces first regional ATR schedules
Indigo will commence regional flights using the ATR72-600 turbo-prop aircraft from December 21, 2017. Bookings start in another ten minutes at 12:01am October 16th. As expected IndiGo will begin with flights on its existing network. Between Hyderabad, Chennai, Bengaluru, Mangalore, Madurai and Nagpur. It will add two new Tier-II cities, Tirupati and Rajahmundry, in to its network. The ATR operations …
Read More »Indian aviation largely overlooked in the 2016 budget
For all the talk of the Government promoting aviation and as the industry watched with baited breath, the budget seems to have continued the Modi-government’s ignoring of civil aviation. The sum-total budget proposals pertinent to aviation do not even warrant us writing an article. If anything, they could likely be summed up in an SMS message. Namely, Aviation turbine fuel (ATF) …
Read More »Spicejet reports profit in Q3 FY2013 – Financial and operational analysis
By Vinay Bhaskara and Devesh Agarwal In a result that represents a positive sign for the prospects of the Indian airline industry moving forward, Gurgaon based low cost carrier (LCC) SpiceJet reported a Rs. 102 Crore (US $19 million) net profit for the third quarter of fiscal year 2012-13 (FY 12-13), a sharp improvement from the results in both the …
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