SpiceJetJet reported numbers for the first quarter and the earnings did not disappoint. For the quarter ending 30 June 2016, the airline reported a net profit of INR 149 crores with the same fleet as the previous quarter. The impact on the share prices was almost immediate with almost a 20% rise to INR 67.7 per share. An analysis of …
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All Indian airlines operating to Dubai have cancelled their flights for today. This includes IndiGo, Spicejet, Jet Airways, Air India, and Air India Express. Jet Airways and Air India have just one of two flights to the Gulf city. Dubai Airports authorities have curtailed operations to a single runway at DXB airport in the aftermath of the crash of Emirates …
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Indian budget carrier GoAir has signed a Memorandum of Understanding (MoU) with European airframer Airbus to purchase another 72 A320neo aircraft. This effectively doubles GoAir’s A320neo existing 72 plane order, placed in 2011, to 144. GoAir is the third operator of the new aircraft, globally, after Germany’s Lufthansa, and India’s IndiGo. It has taken delivery of two A320neos as of …
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Budget carrier Spicejet is preparing to launch a fresh television advertising initiative focussed on their hot food and premium economy type SpiceMAX service. Arch rival IndiGo does not provide hot meals on board its flights, nor does it offer a service comparable to SpiceMAX. The TV commercials focus on the additional leg room offered, hot meals, eliminating queues, using daily …
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Airlines in India are partnering with famous food brands to leverage their ‘star power’ in an effort to woo passengers. The partnerships are with both home grown and glocal (global brands operating locally) brands. Last month, India’s largest private airline Jet Airways, announced a partnership to serve Subway sandwiches and Krispy Kreme doughnuts on board its flights. A week back, low-fare carrier …
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SpiceJet has reported its highest ever profit of Rs 407 crores for the financial year ending 31 March 2016. For the quarter ending 31 March 2016, the airline reported a net profit of Rs 73 crores. Strong performance indeed, considering that the airline had reported a loss of Rs 687 crores for the last financial year. Operational performance A look …
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Which is the best airline in India? To which we would say, “by what measure?” An analysis of the DGCA’s data on domestic air travel shows some interesting and contradicting results. The biggest airline by number of passengers is IndiGo. The most punctual airline is Vistara. Spicejet had its aircraft filled the most, but it is also the leader in …
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SpiceJet reported its highest ever profit of Rs 238 crores for fiscal year 2015-16, third quarter ending December 31, 2015. With revenues of Rs 1,439 crores, this continues the upward climb for SpiceJet. A phoenix rising Last year during this same period SpiceJet was in turmoil, on the brink of a shut-down with auditors doubting its ability to continue as …
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Gurgaon based low fare carrier SpiceJet has increased its frequencies on certain south India routes, and on its Delhi Kabul route. The carrier will increase frequency on the Kabul route to five times a week, from the existing three a week from February 8, 2016. The airline has also added additional flights on its Chennai Hyderabad, Chennai Kochi, Bangalore Vijayawada, …
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We bring you another instalment of infographics showing historic performance over the last 12 months, of India’s domestic air passenger market as of August 2015. Infographics are based on data published by India’s civil aviation regulator, the DGCA. We encourage you to study all the infographics, and then help us answer “The SpiceJet Conundrum” posed at the end of page. …
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First up in this Through the lens is VT-EXC. EXC is the latest Airbus A320 in Air India’s fleet and sports the new ‘Sharklet’ wingtips, it has been leased from China Aircraft Leasing Group Holdings Limited (CALC). It is the third out of five aircrafts that will be leased from CALC by the airline. The aircraft is powered by two …
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In a sea of ill-conceived rules governing Indian commercial airlines, the 5/20 rule, which requires Indian carriers to wait five years and have a fleet of 20 aircraft before they can fly the lucrative and profitable international routes is one of the worst. No such restriction applies to the foreign airlines flying IN to India. The newcomers Tata-SIA Vistara and …
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Low cost carrier SpiceJet announced the addition of three new flights and 137 new connections to its current network. All of these new flights and connections are between cities currently served by the airline. The new flights being added effective 29 August 2015 are Delhi: 1. Guwahati – Agartala vv (daily) 2. Bengaluru – Kolkata – Guwahati vv (daily) 3. …
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National carrier Qatar Airways has issued a statement denying any interest in picking up a stake in Gurgaon based SpiceJet. The middle-eastern carrier says This release is to confirm that Qatar Airways is not in talks to pursue a commercial stake in SpiceJet. There is no interest from the airline to engage in a partnership with the Gurgaon-based airline. Qatar …
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Gurgaon based low fare carrier SpiceJet has made a remarkable comeback from its financial troubles just a little over seven months back. The airline has reported a net profit of Rs 71.8 crore (Rs 718 million) for the first quarter of fiscal year 2015-2016. This is the highest profit for the first quarter ever reported by the airline and the …
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Low cost carrier Spicejet, has launched an Equated Monthly Installment (EMI) scheme called ‘Book Now, Pay Later’. The scheme allows passengers to save up to 70% interest on deferred/delayed payment interest costs relative to traditional credit card fees and is valid on credit cards of Axis Bank, HSBC Bank, Kotak Bank, and Standard Chartered Bank which are issued in India. …
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Bangalore Aviation has produced a set of graphics which provide significant insight in the domestic operating performance of Indian carriers for the last 12 months. The source data is obtained from India’s regulator The Directorate General of Civil Aviation. On time performance One of the key selling points of IndiGo, India’s largest domestic airline, is, on time performance (OTP). As …
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Low fare carrier SpiceJet commenced its second decade by unveiling a sexy new look branded “red, hot, spicy”. A new 3-D logo inspired by the mobile app world will replace the traditional 2-D one. The new 3-D logo, slogan, and posters and advertising comes at a time when Ajay Singh has taken over the airline. The new slogan puts the …
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Indian carriers seem to be all chasing the same passenger. A cursory look at capacity deployment across seven carriers shows very little variance in terms of a domestic network strategy. However, as one starts to delve deeper some differences tend to emerge. Overall planners focus on three things: schedule offerings (and consequently slots); aircraft utilization; and feed (just a fancy name …
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Disasters bring out the best in people, and Indian airlines are no exception. Following the deadly earthquake in Nepal, all four Indian carriers operating to Kathmandu, Air India, IndiGo, Jet Airways and SpiceJet, are putting their best feet (or wings) forward, and pitching in to support the aid efforts directed towards the stricken Himalayan nation. Additional flights Indian carriers were …
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Bangalore Aviation News, Reviews, Analysis and opinions of Indian Aviation