Based on the recent statement of the Indian Minister of State for civil aviation to the Indian parliament we have produced these two graphics showing the country-wise break-up of Air India’s passengers and revenue for the fiscal year ended March 31, 2014. Air India transported 15,831,554 passengers earning revenues of Rs 15,551.78 thus earning an average revenue of Rs 9,823.28 …
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Jet Airways, India鈥檚 largest private airline recently announced results for the second quarter (Q2) and the half-year (1H) for fiscal 2014~2015. The results were the first after a joint announcement with 24% stake holder Etihad Airways PJSC about the airline ceasing operations of its low cost JetKonnect brand exiting the segment. The Jet Group operates two airline operator licenses. 9W …
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In response to a series of questions from law-makers, the Indian civil aviation minister Ajit Singh and his junior minister K.C. Venugopal gave some operational insight to the Indian parliament on national carrier Air India. It was the first time, in recent memory where we obtained some numbers on the otherwise very opaque airline. Air India debt and equity As …
Read More »By BA Staff Courtesy of Wikipedia Boeing announced that production on the 737 program will increase to 47 airplanes per month in 2017, the highest rate ever for the best-selling airliner in history. Once implemented, the 737 program will build more than 560 airplanes per year, and will have increased output by nearly 50 percent since 2010. Beverly Wyse, vice …
Read More »By BA Staff Alaska Air Group, Inc., reported third quarter 2013 GAAP net income of $289 million, or $4.08 per diluted share, compared to $163 million, or $2.27 per diluted share in the third quarter of 2012. Excluding the impact of mark-to-market fuel hedge adjustments of $20 million ($12 million after tax, or $0.17 per diluted share), and a one-time …
Read More »By BA Staff Image Credit: Virgin America San Francisco-based Virgin America reported its preliminary operational results for August and August year-to-date. Virgin America鈥檚 August 2013 traffic (revenue passenger miles) decreased 5.1 percent on capacity (measured in available seat miles) that was 5 percent lower than in August 2012. Load factor was 82.2 percent, which is unchanged from the same month …
Read More »by Devesh Agarwal Photo copyright Devesh Agarwal. All rights reserved. A chastened IndiGo airline, hurried modified portions of its much annoying seat pricing policy after facing the irritation of passengers and the rap of the civil aviation ministry. A late night statement from the airline says The feedback of our flyers is of utmost importance to us and as a …
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