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Aviation: Flying high
Higher load factors in the third quarter help airlines deal with cost pressures from higher fuel prices. Aviation is a tough business, as many variables affect its profitability. Perhaps this is why many airlines are state-owned. Having said that, the story in India is slightly different, where there is enough potential for growth, and consequently, markets that are willing to pay for it. For instance,
Higher load factors in the third quarter help airlines deal with cost pressures from higher fuel prices. Aviation is a tough business, as many variables affect its profitability. Perhaps this is why many airlines are state-owned. Having said that, the story in India is slightly different, where there is enough potential for growth, and consequently, markets that are willing to pay for it. For instance,
IndiGo becomes third largest domestic airline
Low-cost carrier (LCC) IndiGo became the third largest domestic passenger airline in the country for the fourth quarter of 2010.
Low-cost carrier (LCC) IndiGo became the third largest domestic passenger airline in the country for the fourth quarter of 2010.
Now planes can operate from Chandigarh despite fog
Aircraft will now be able to land and take off from Chandigarh in foggy and low visibility conditions as its military controlled airport has finally got the crucial instrument landing system (ILS) device, which would start working soon.
Aircraft will now be able to land and take off from Chandigarh in foggy and low visibility conditions as its military controlled airport has finally got the crucial instrument landing system (ILS) device, which would start working soon.
GoAir plans to raise 4-5 bln rupees via IPO - report
Budget airline GoAir is planning to raise 4-5 billion rupees via an initial public offer to repay debt and buy more aircraft, the Economic Times reported on Thursday.
Budget airline GoAir is planning to raise 4-5 billion rupees via an initial public offer to repay debt and buy more aircraft, the Economic Times reported on Thursday.
DGCA clipping our wings, say airlines
Low-cost air carriers (LCCs) such as IndiGo, SpiceJet and GoAir say the Directorate General of Civil Aviation (DGCA) is being mindless on basic competitive concerns regarding passenger fares.
Low-cost air carriers (LCCs) such as IndiGo, SpiceJet and GoAir say the Directorate General of Civil Aviation (DGCA) is being mindless on basic competitive concerns regarding passenger fares.
India's air traffic up 18.3 percent till October
Led by budget carriers Spicejet, Go Air and IndiGo, India's domestic airlines registered an 18.3 percent growth, carrying 41.93 million passengers in the January-October period this year as against 35.45 million passengers during the like period last year.
Led by budget carriers Spicejet, Go Air and IndiGo, India's domestic airlines registered an 18.3 percent growth, carrying 41.93 million passengers in the January-October period this year as against 35.45 million passengers during the like period last year.
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