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Aviation has come a long way in the past 15 years, but many challenges remain

Dec 25, 2015

Aviation has come a long way in the past 15 years, but many challenges remain

In the last 15 years, a lot has happened to India's civil aviation sector. In 2000-01, only about 14 million Indians flew on a domestic flight. This increased by more than three-fold to over 45 million domestic passengers in 2009-10. #Aviation #ConnectTheDots #UPA government #Atal Bihari Vajpayee #Praful Patel #Airports Authority of India #low cost carriers #Civil aviation #FRewind
Decoding negative net worth: IndiGo paid about 80% of its profit as dividend to promoters

Oct 20, 2015

Decoding negative net worth: IndiGo paid about 80% of its profit as dividend to promoters

The second interesting fact one can gather from the RHP is as of June 30, the airline had Rs 3,912.375 crore debt on its books, down slightly from Rs 3926.16 crore at the end of fiscal 2015 #IPO #IndiGo #Low-cost carrier #net profit #Red herring prospectus #dividend payout #InterGlobe #LCC #negative net worth #RHP
Put an end to fire sales if you want lower airfares: captains of Indian airlines

Sep 14, 2015

Put an end to fire sales if you want lower airfares: captains of Indian airlines

Officials at a full service airline have also earlier indicated they would be happier if predatory fares become history. #air india #Jet Airways #Narendra Modi #SpiceJet #IndiGo #PolicyWatch #low cost carriers #Civil aviation #Ministry of Civil Aviation #Business
Booster shot for IPO: IndiGo posts record Rs 1,304 cr profit in FY15

Sep 11, 2015

Booster shot for IPO: IndiGo posts record Rs 1,304 cr profit in FY15

The numbers for IndiGo for FY15 may give the airline much needed fillip just as it readies to approach investors with an IPO which is expected to be launched sometime next month. #Jet Airways #Aviation #EarningsShow #SpiceJet #GoAir #IndiGo #DGCA #Aditya Ghosh #Business #low cost carrier model #MD Mallya #Anupam Khanna
'oneworld' alliance open to partner Indian airline: CEO

Jun 08, 2015

'oneworld' alliance open to partner Indian airline: CEO

Incidentally, Ashby, who has worked with several major US airlines, was also the first CEO of IndiGo, a position which he held for about four years. #air india #Jet Airways #NewsTracker #Aviation #IATA #IndiGo #Low-cost carrier #Star Alliance #British Airways #Japan Airlines #Etihad Airways #Oneworld #Cathay Pacific #Srilankan #Business
Delhi off AirAsia radar for now on uncertainties, break-even likely by May-June

Feb 04, 2015

Delhi off AirAsia radar for now on uncertainties, break-even likely by May-June

Chandilya admitted that the break-even deadline was pushed back owing to various external factors, but did not elaborate #Low-cost carrier #AirAsia #break even
Air India flight delays: Salary cuts as punishment is no solution, overhaul system instead

Feb 03, 2015

Air India flight delays: Salary cuts as punishment is no solution, overhaul system instead

The latest move to cut salaries could set off internal resentment and bad blood among employees, who are already seething because of salary delays #air india #IndiGo #low cost carriers #On-time performance #Flight delays #salary cut
Rs 1,500 cr not enough for SpiceJet: Ajay Singh may bank on trusted insiders

Jan 19, 2015

Rs 1,500 cr not enough for SpiceJet: Ajay Singh may bank on trusted insiders

Ajay Singh and his band of investors, making sweeping management changes to steer the airline out of its current morass. These changes may not be immediate but will happen never the less. A source said an airline veteran, who has worked with Singh in his earlier stint which ended in 2010 when he sold off his stake to the Marans, may be elevated to head operations. #Airline #Aviation #Marans #SpiceJet #Low-cost carrier #Ajay Singh #capital infustion