Monday , 21 September 2020

Tag Archives: Vinay Bhaskara

SpiceJet to launch Udaipur

Photo copyright Vedant Agarwal. Used with permission. Low cost carrier (LCC) SpiceJet will be launching service to Udaipur from December 15th, utilizing its fleet of 78 seat Bombardier Q400 turboprops. SpiceJet continues to pursue a strategy of serving Tier II and Tier III cities with the Q400s. SG 2435 DEL 1610 – 1730 UDR DH8 DSG 2436 UDR 1750 – …

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OPINION: Aviation at a Crossroads

The past couple of years have not been kind to the global aviation industry. Whether it’s the European union implementing a misguided carbon taxation scheme, the Indian government crushing its nascent airline industry under the weight of oppressive regulations and heavy fuel taxation, increased “NIMBY” (not-in-my-backyard : a term used to describe local residents who oppose aviation development near their …

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DGCA made a bad financial decision in shutting down Kingfisher Airlines

Earlier this month, now shutdown Kingfisher Airlines, once India’s largest private domestic carrier, reported a huge net pre-tax loss of Rs. 1115.5 Crore for the second quarter of Fiscal Year 2012-13. The performance was by far and away the poorest quarterly financial performance out of any Indian airline in the last few years, though that is to be expected given …

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Jet Airways Q2 FY 2012~2013 quarterly results financial analysis

Photo © Devesh Agarwal. Used with permission. India’s largest private carrier, Jet Airways, reported a net, post-tax loss of Rs. 99.7 Crore for the second quarter of fiscal year 2012-2013, representing a sharp improvement from the Rs. 713.6 Crore net loss recorded in the same period last year. This 84.8% improvement in results, pushed Jet Airways’ net margin up to …

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MAPS: New international flying rights granted to Indian carriers

India’s erstwhile civil aviation ministry has granted new international flying rights to both national carrier Air India, and private carriers Jet Airways and SpiceJet. First up is Air India, which received flying rights for  several new routes from its Delhi and Mumbai hubs. The Sydney and Melbourne rights give credence to the idea that Air India plans to begin operations …

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Routes Analysis – India Edition: Air India, IndiGo, Nepal Airlines, Ethiopian

Over the last week, foreign and Indian carriers alike have announced several interesting pieces of news around the Indian domestic and international networks. IndiGo India’s largest low cost carrier (LCC), IndiGo, will be adding one additional daily flight on each of Mumbai-Delhi and Mumbai-Hyderabad. The LCC will now operate 12 daily flights (except on Sundays) between Mumbai and Delhi, as …

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Opinion: India’s government should allow A380 operations into India

Late last week, a report published in the Business Standard suggested that India’s erstwhile Ministry of Civil Aviation may finally loosen its rules governing Air Service Agreements (ASAs – or bilateral) by removing the aircraft type clauses from such agreements and restricting only seats,  frequencies, and route pairs allowed. What this means in effect, is that there would no longer …

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Analysis: Indian carriers get new international flying rights

Late yesterday, India’s ministry of civil aviation (MoCA) announced the latest allocation of traffic rights to Indian carriers. Traffic rights granted effective Summer 12 Spicejet – 7 services/week for Delhi-Kabul, Delhi-Guangzhou, Madurai-Colombo, Hyderabad-Bangkok, Trivandrum-Male, Cochin-Male, Delhi-Dubai, Mumbai-Dubai, Delhi-Hong Kong, Delhi-Riyadh. Jet Airways – 4 services/week on Guwahati-Dhaka, 7 services/week each on Mumbai-Chittagong, Kochi-Kuwait, Mumbai-Kuwait, Trivandrum-Dubai, Chennai-Colombo-Male, Mumbai-Singapore, Delhi-Singapore, Mumbai-Dar es …

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Analysis: SpiceJet plots international expansion and should create an international hub in Delhi

When Gurugaon -based low-cost carrier (LCC) SpiceJet announced its latest round of international expansion, it continued the recent shift in strategy by India’s second largest LCC. Amongst the new routes announced or filed for (according to a report from the Mint, India’s local Wall Street Journal affiliate) were Madurai-Colombo, Delhi-Dhaka-Rangoon/Yangon, Delhi-Riyadh, Delhi-Guangzhou, and Trivandrum-Male. Of these, Madurai-Colombo has already been …

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Greetings from India (Vinay)

For the first time since I joined Bangalore Aviation, I am posting from India; Bangalore to be exact. I am definitely excited to be back in India for only the second time since I lived here for a year back in 2003, and being on the ground here is an immensely enjoyable experience. I will be in Bangalore today and …

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Jet Airways Q1 FY 2012-2013 analysis – prudent cost cutting leading to profits

When Mumbai based full service carrier Jet Airways reported a Rs. 33.3 Crore net pre-tax profit in the first quarter of fiscal year 2012-2013, it represented a resounding statement that the Indian airline industry may have finally found its footing. Photo copyright Devesh Agarwal. Having slipped to net losses in each quarter last year due to the near constant rise …

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Maldivian Adds Service between Male and Chennai/Mumbai

Earlier today, Maldivian national carrier Maldivian announced that it would be adding new flights between its hub at Ibrahim Nasir International Airport in Male, and Mumbai and Chennai. The new flights would operate 3 times per week, and are being launched from November of this year along with Dhaka, Bangladesh (also a thrice weekly operation). The flights to Mumbai will …

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Kingfisher Q1 FY2013 analysis – losses exceed three times the revenue. Is the end near?

Beleaguered full service carrier Kingfisher Airlines has served notice of its dire straits, by reporting a massive Rs. 963.3 Crore net pre-tax loss in the first quarter of fiscal year 2012~2013. Even as Kingfisher Airlines chairman Vijay Mallya wrote a controversial letter to Kingfisher’s employees asking them to work without pay for the next few months, it appears that Kingfisher …

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Analysis: Jet Airways Spinning Off Jet Priviledge

Mumbai based full service carrier Jet Airways recently released its annual report for fiscal year 2011-2012, and amongst the many things discussed was this (not so) little nugget about Jet Airways’ frequent flyer program JetPrivilege. The loyalty industry is evolving in India. Your Company proposes to leverage this evolving business opportunity by setting up a marketing services company engaged in …

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Analysis: Jet Airways asks for Indian government approval to join Star Alliance

Earlier today, a report from liveMint.com (India’s version of the Wall Street journal), stated that Mumbai based full service carrier Jet Airways has formally asked the Indian government for approval to join the Star Alliance global partnership of carriers. Readers of Bangalore Aviation will remember that beleaguered national carrier Air India was put on hold indefinitely by Star Alliance in August of …

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