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Jet Airways first quarter FY2018-19 results analysis

VT-JAX Jet Airways Boeing 737 MAX 8. Image copyrighted. Do not reproduce.

We ended our Q4FY18 analysis for Jet by indicating that, “Going forward, it seems that Jet Airways is headed for a turbulent ride. Debt will grow for the short-term. The revenue pressures are intense and the cost base is high. Addressing both these elements is critical to success.” While we forecast a result that would reflect ongoing challenges, little did …

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Opinion: Has the UDAN scheme performed as expected?

SpiceJet Bombardier Q400 Dash 8 VT-SUB lands at Kempegowda airport Bangalore. Photo by Vedant Agarwal. All rights reserved.

The Ude Desh Ka Aaam Nagarik (UDAN) scheme launched in June 2016 has been hailed by the Government as a game changer. The intent of the scheme is to connect un-served and under-served airports across the country in an affordable manner consequently boosting connectivity. This is delivered via routes that are bid-for and awarded to airlines by the government including …

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SpiceJet first quarter FY2018-19 results analysis

SpiceJet, reported its first quarter results of the fiscal year 2018-2019 (Q1FY19) last week. Much like its rival Indigo, it was a result that reflected the ongoing weakness in the market and was below expectations. Key numbers SpiceJet Q1FY19 results snapshot (in INR) comparisons to Q1FY18 Revenues ₹2,236 crores (up 20%) Costs ₹2,245 crores (up 31%) EBITDAR ₹398 crores (down …

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Indigo first quarter FY2018-19 results analysis. Industry losses ahead?

IndiGo ATR72-600 VT-IYA. Photo by Vedant Agarwal. Copyright. Do not re-use.

India’s largest domestic carrier, Indigo, has sent tremors in the aviation community with its first quarter results for the fiscal year 2018-2019 which ends Match 31, 2019. An airline, normally delivering nine and 10 figure profits (in the hundreds of crores or billions), reported a minuscule ₹27 crores (₹270 million) as its profit after tax; and this, for a traditionally …

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Vistara orders six Boeing 787-9 and and 50 Airbus A320neo

Vistara's first Airbus A320neo VT-TNB on its maiden commercial flight.

The Tata-Singapore Airlines airline Vistara has signed letters of intent to place firm orders with Boeing for six 787-9 Dreamliner and with Airbus for 13 A320neo family aircraft. Vistara also has options for an additional four Dreamliners. The order is worth $3.1 billion at list prices, though aircraft manufacturer extend massive discounts. In keeping with their existing fleet mix, the …

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Bombardier CSeries relaunched as Airbus A220

European airframer Airbus has officially revealed the new name and branding of the former Bombardier CSeries. The Airbus A220 as it will be called was revealed at a ceremony held at Airbus’ Delivery Centre, near Toulouse. The larger CS300 will be rebranded as the Airbus A220-300 and the smaller CS100 as the Airbus A220-100. The aircraft are designed to seat …

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How the Indian airline industry is attacking AirAsia India

First flight of AirAsia India. Plane at the gate.

Over the last year, the media has covered the various challenges AirAsia India is facing. Ranging from executive level departures late in 2017 onwards, to filing a First Information Report (FIR i.e. a criminal complaint) against former officers of the airline, to CBI (Central Bureau of Investigations) investigations of its director. In this analysis, we explore how the hyper-competitive Indian …

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Boeing and Embraer establish strategic partnership

American airframer Boeing and Brazilian airframer Embraer have signed a Memorandum of Understanding (MOU) to establish a strategic partnership to form a joint venture comprising the commercial aircraft and services business of Embraer that would strategically align with Boeing’s commercial development, production, marketing and lifecycle services operations. Under the terms of the agreement, Boeing will hold an 80 percent ownership …

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Inflight review: British Airways Boeing 787-8: Club World: Chennai to London

British Airways Boeing 787-8 Dreamliner G-ZBJC. Image Copyright Devesh Agarwal.

Dad and me reached the Chennai airport at around 0430 for our scheduled 0530 flight. This was because British Airways (BA) had 24 hours in advance updated the status of their flight on their app as delayed to 6.40 due to technical problems with the incoming aircraft. (I just found that hilarious that BA could predict that their was going …

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The new Jet Airways Boeing 737 MAX. Exclusive cabin photos.

Yesterday, Bangalore Aviation was invited to view India’s first Boeing 737 MAX. VT-JXA was delivered to Jet Airways on June 20, 2018. Jet Airways has configured its 737 MAX 8 in a two class cabin carrying 174 passengers; 12 in business and 162 in economy. The aircraft which is the first of a 225 aircraft order is fitted with a …

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Exclusive pictures. How to spot the new #JetAirways737MAX?

VT-JAX Jet Airways Boeing 737 MAX 8. Image copyrighted. Do not reproduce.

India’s and Jet Airways’ first Boeing 737 MAX 8 is being shown to the media today, and Bangalore Aviation’s Vedant Agarwal has sent us some exclusive pictures from the venue. While we await more pictures, we thought we will share three tips on how to spot the new aircraft. Look for the chevrons on the rear of the engine casing …

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Images of the new United Polaris lounge in San Francisco, now open

United Airlines Polaris Lounge San Francisco - signature cocktails

United Airlines has opened its new United Polaris lounge at San Francisco International Airport (SFO), located near gate G92 of the international terminal. United Airlines operates from San Francisco to India in partnership with Lufthansa. We also write about this lounge for the benefit of premium class passengers on other Star Alliance carriers like Lufthansa, Air India, Turkish Airlines, or …

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Jet Airways first in India to operate the new Boeing 737 MAX

Jet Airways' first Boeing 737 MAX 8 VT-JXA. Boeing image.

Jet Airways has become the first Indian airline to operate the new Boeing 737 MAX. The carrier took delivery of the first 737 MAX 8 yesterday registration VT-JXA. The airline has ordered a total of 150 jets of the newest avatar of the venerable 737, the world’s most popular jetliner. The 737 MAX developed in response to the Airbus A320neo …

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UDF passenger fees set to significantly reduce at Bangalore airport from July

The main passenger terminal building at Bangalore Airport.

Bengaluru International Airport Ltd (BIAL), the operator of Bangalore’s Kempegowda international airport, has proposed a steep decrease in user development fees (UDF) collected from every departing passenger from July 1. From the current ₹384.27 the UDF for domestic passengers is proposed to be reduced to ₹79.19. International passengers will pay an UDF of ₹316.76 down from the current ₹1,537. However, the joy …

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Why Vistara is likely to choose the 787-10 over the 787-9

Boeing 787-10. Boeing image.

Bloomberg is reporting that the Tata Singapore Airlines joint venture Vistara has selected the Boeing 787 Dreamliner over the Airbus A330neo as its wide-body aircraft for long distance international operations. Why did Vistara choose the 787 Just some of the reasons for Vistara choosing the 787 over the A330neo are: The 787 is a newer generation aircraft compared to the …

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Qatar Airways upgrades first and business class on-board dining

Qatar Airways upgrades first and business class on-board dining

Oneworld member, Qatar Airways is upgrading its on-board dining for its business and first class passengers, initially on its European routes. The new concepts include newly-designed tableware, in-flight dining menus, cutlery and china. I am impressed that Qatar will place mini condiment grinders for fresh ground black pepper and Himalayan pink salt on the passengers’ tables. The airline has increased …

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Ocean Infinity calls off search for #MH370

Malaysia Airlines Boeing 777-200ER registration 9M-MRO taken at Dhaka, Bangladesh on 11-Feb-2014. This aircraft went missing while performing flight MH370 from Kuala Lumpur to Beijing with 239 persons on board. Photo copyright M. Azizul Islam

The disappearance of Malaysia Airlines flight MH 370 is arguably the world’s most mysterious commercial aviation disaster. The aircraft which was carrying 239 passengers from Kuala Lumpur to Beijing disappeared on 8th March 2014. A multi-national search effort over many years costing hundreds of millions of dollars was called off in 2017. Earlier this year the search was resumed by …

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Analysis of Jet Airways’ fourth quarter and full year FY2017-18 results

Jet Airways Boeing 737 MAX 8.

Confirming the challenging nature of the market, Jet Airways posted a loss of ₹1,036 crores for the fourth quarter of the fiscal year ending March 31, 2018. This pulled the full year loss to ₹767 crores. This was their first loss after eleven consecutive profitable quarters and the first full year loss after 2 years of profit. The results reflect …

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The CEO churn in Indian aviation and why it continues

The nightly aircraft line-up tail parade at the apron of Kempegowda International Airport Bangalore

Even during a lull, the Indian civil aviation market never ceases to keep one on their toes. The recent weeks have seen three Chief Executives of Indian carriers in the news. First, Aditya Ghosh of IndiGo put in his papers after steering the ship for over ten years, apparently under pressure from the promoters. Amar Abrol of AirAsia India is …

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Jet Airways to commence Mumbai Manchester flights

Jet Airways Airbus A330-300 VT-JWQ. Image copyright Vedant Agarwal.

Jet Airways has announced it will start a non-stop service between Mumbai and Manchester starting in the winter schedule. The service will operate four times a week using a two class 254 seat Airbus A330-200 which includes an 18 seat business class. On Mondays, Thursdays, Saturdays and Sundays, from Terminal 2 at the two airports; Flight 9W 130 will depart …

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