Tag Archives: Vinay Bhaskara

Earlier today, Japanese national carrier Japan Airlines (JAL) announced that it would be introducing 5 weekly Boeing 787 services between Tokyo’s Narita Airport and New Delhi’s Indira Gandhi International Airport (IGIA) from the northern summer 2012 schedule which begins at the end of March, 2012. The Dreamliner replaces the existing 5 weekly Boeing 777-200ER service. Japan Airlines will also be …

US cargo airline FedEx announced that it painted one of its aircraft with a special panda decal to commemorate the carrier’s transport of two giant pandas from the Washington D.C. zoo to a natural reserve in China. The one-time transport flight was conducted in February of 2010 on one of FedEx’s 777Fs. The following video from the official FedEx YouTube …

It appears that Kingfisher’s troubles may not yet be over. After the carrier flirted with financial disaster last month, a report from the Economic Times suggests that new trouble is on the horizon for India’s self professed “King of Good Times.” According to the report, Chatrapati Shivaji International Airport (CSIA) has sent notice to Kingfisher that it must pay the …

Earlier this week, Air India, the beleaguered Indian national carrier, announced that it would be utilizing a sale-leaseback arrangement to evade the divisive lawsuit filed by the Air Transport Association (ATA), a US airline lobby group, over Us $ 3.4 billion worth of financing for the carrier’s order of 27 Boeing 787 and 3 777-300ER widebody jets. The lawsuit from …

Yesterday, Air India chief executive Rohit Nandan announced that Air India would be withdrawing one of its two daily Delhi-London-Heathrow flights from February 2012 and auctioning off the slots. Currently, Air India competes on the sector with Kingfisher, British Airways, Virgin Atlantic, and Jet Airways; all of whom offer more consistent products and command higher fares than Air India. The …

For all of the ribbing targeted towards national carrier Air India, the carrier appears to have finally provided some good value, with some very good deals on offer for travel within its entire network. Of course, in typical Air India fashion, they’ve made it very hard for passengers to find out about these upgrades; I’ve seen mazes that are easier …

Reports have emerged from Reuters and Plane Talking that Qantas has shelved plans for its Asia-based premium carrier which has been called by the media at various times Red Q, One Asia, or Red One. The venture would apparently be replaced by a joint venture agreement with future oneworld alliance partner Malaysia Airlines in Asia. Earlier this year, Qantas had …

Devesh, Vedant, and I would like to wish all of Bangalore Aviation’s a very happy Thanksgiving. While Thanksgiving is not often celebrated in India, here in the US it is considered one of the four “big” holidays along with July 4th, Christmas, and New Years. Thanksgiving’s origins date back to the late 1600s, when British colonists used a celebration to …

Apparently the fallout from Kingfisher’s sudden cancellation of flights a couple of weeks ago has not yet ended. A report from airlineroute.net shows that Kingfisher may be cancelling a few additional domestic flights. The following destinations will be cancelled outright; some of these were not currently operated but rather placed into the GDS. Destinations are spread out across India, but …

India has the world’s fastest growing airline sector – yes faster than even the Gulf, much of whose traffic is again driven by India. Year on year growth is 17%. Despite this, in its 100th year, the civil aviation sector in India is in near total financial chaos. Air India is a political plaything that has no business being a …

In the wake of Kingfisher’s unprecedented cancellations last week, we here at Bangalore Aviation wanted to take a look at some potential issues that haven’t been brought up regarding Kingfisher’s long term viability. In light of reports that Kingfisher is close to a US $370 million equity deal with a large private investor and banking consortium, it is helpful to …

Despite the extremely muted optimism of my co-author, Devesh Agarwal, Kingfisher’s results for the past quarter were on a number of levels, worse than those of Jet Airways. Given that Devesh has already provided a very succinct analysis of Kingfisher’s results, I will simply add in a few of my own thoughts focusing on past lesson and future strategy for …

Contrary to its claimed cash-starved position, Kingfisher Airlines has actually performed relatively better than its counter-part listed private airlines counter-parts in India. In a perverse silver lining to the ongoing fiscal crisis at Kingfisher, the airline slid from a net loss of Rs. 263 Cr. in the first quarter of fiscal year 2011~12 (FY12) to a net loss of Rs. …

Note: JetLite financial results will be analyzed separately For the first financial analysis of Q2 FY 11-12, we will be taking a look at India’s largest international carrier, Jet Airways, who posted a net loss of Rs. 713.57 crore in the quarter, down sharply from a net profit of Rs. 12.43 crore during the same period last year. Jet posted …

Mumbai based full service carrier Jet Airways has posted a Rs. 713.6 crore loss in the second quarter of FY 2011-2012, up from a loss of Rs. 156.8 crore in the first quarter. The carrier made a profit of 12.43 crores in the same period last year. Here are some of the key metrics for Jet Airways’ second quarter Revenue …

Gurgaon based low fare carrier SpiceJet has posted a loss of Rs. 240 Crore for the second quarter of fiscal 2011~2012, a sharp increase from the Rs. 72 Cr it had posted in the first quarter. The airline had posted a profit for the same quarter last year. More details shortly UPDATE: Partial financial results below We will be doing …

Picture by Alex Chau. Used under GNU License. On November 7th, 2011, Hong Kong based Hong Kong Airlines, a subsidiary of Hainan Airlines Group, announced that it would be launching an all-premium nonstop service between Hong Kong and London, beginning in March of 2012. The service will be offered on Airbus A330-200 aircraft configured in two classes; Club Premier and …

By Vinay Bhaskara and Devesh Agarwal Last week, media reported that the board of Air India’s board had recommended the ailing national carrier cut its order for Boeing 787 Dreamliners from the original ordered 27 aircraft down to 12 Air India aircraft at Mumbai CSI airport Last month, the Comptroller and Auditor General (CAG) published a scathing financial audit of …

On October 25th, India’s Directorate General of Civil Aviation (DCGA) announced an unprecedented rule; it has banned foreign airlines from charging fees for second checked bags. Up until around 3 years ago, most world airlines (including Western ones) allowed passengers to check two bags of up to 23 kg for free. But the global financial crisis, coupled with rising competition …