articles by Ajay Awtaney

Business

Airlines expected to outlive COVID-19 pandemic scare with resized business; govt support vital to see through turbulence

Globally, airlines have focused on becoming bigger to ensure their customers don’t have to look elsewhere for their travel needs.

India

Hasty decision by IndiGo, Air India, GoAir, SpiceJet to ban Kunal Kamra; airlines should specify rules that stand-up comic violated

It is still not determined how IndiGo concluded banning Kamra. Unfortunately, if he decides to challenge this in court, he will still need a Notice from IndiGo determining the regulations under which they prohibited him. And even after that happens, we don't know yet how Air India, SpiceJet and GoAir decide to ban him.

Business

What an Air India buyer will get: Debt, old aircraft, little-used Star Alliance creds and lots of extra employees

Only recently has Air India moved to the sale and leaseback model with their Boeing 787 purchases, and Air India’s newest A320neo aircraft, all 27 of them are on a lease.

Business

IndiGo's order for 300 A320neo family aircraft will secure future supply of aircraft for carrier into next decade, assure sustainable cash flow

The new order will also bulk up IndiGo’s ability to create a sustainable network in the region and expand further

Business

IndiGo promoter spat: Dragging rift to govt and Sebi doors, Gangwal and Bhatia's fight may land in court

Given the turbulence in the sector, one would have thought IndiGo would have taken the next steps to fly over its 50 percent market share

Business

Budget 2019: Nirmala Sitharaman presents a wishlist for aviation industry, but offers little in terms of inputs to make it work

The government has hinted and assured that it will examine further opening up of FDI in aviation, but will not put out a timeline on it.

Business

Jet Airways slips into memory as a loved brand after an inept SBI-led consortium forces carrier to crash-land onto bankruptcy court

The banks have been as clueless about their approach towards Jet Airways as the cash-strapped airline has been since it defaulted on its loans

Business

Jet Airways crisis benefits IndiGo, SpiceJet and Vistara; intensifies three-way battle between airlines

Jet Airways carried 17.06 lakh passengers in January 2019. In March 2019, which was the last full month of operations, they only carried 6.71 lakh passengers

Business

IndiGo crisis: Rift between promoters Rakesh Gangwal and Rahul Bhatia makes airline miss out on opportunities

The IndiGo CEO, Ronojoy Datta, in the meanwhile has neither addressed not declined that problems exist, which might be a tacit admission in disguise.

Business

Jet Airways' top management quits: Where is cash-strapped airline headed to with all old-timers having exited?

The C-Suite might have waited on till 10 May, hoping that a new owner coming in would want to resurrect Jet Airways immediately, which would require their expertise and their long-standing knowledge of the working of the company.

Business

Jet Airways crisis: Etihad Airways bid in cash-strapped airline comes as a sign of relief but hinges on finding another partner

Etihad’s bid for Jet Airways is a sort of a surprise as it has run up $4.8 billion worth of losses over the past three years

Business

Downfall of Jet Airways: Banks had seen writing on the wall with over a billion dollars to be paid back, but yet acted too late

Jet Airways had over a billion dollars to pay back to banks, and that should have been reason enough for the latter to consider taking more interest and a pro-active approach, but they did not.

Business

Jet Airways crisis: Debt-laden airline needs bigger cheque, experienced turnaround team to avert shutdown

Delta/KLM/Air France, the troika that is one of Jet Airways biggest partner for international travel, has already stopped accepting bookings for transporting Jet Airways customers on their planes under the code share pact.

Business

Jet Airways crisis: Taking away international flying rights may prove to be death-knell for the airline

One can find fault in the way the airline was managed, but as a brand Jet Airways is known abroad to be one of the finest Indian carrier and has a reputation which is still keeping the planes full.

Business

After fighting several battles, Naresh Goyal forced to retire from Jet Airways; where is airline headed without him in charge?

Naresh Goyal continues to be the biggest individual stakeholder in the airline, holding over 25 percent of the company even after the bank transaction closes.

Business

Naresh Goyal's personal ambition holds Jet Airways back from resurrection; is slow death awaiting India's once favoured airline?

For Jet Airways, in their Silver Jubilee year, the airline is battling with what is their biggest existential crisis at the moment.

Business

Grounding Boeing 737 MAX 8 isn't the answer, fixing accountability and rooting out issues with aircraft key to allay panic

Boeing has been quiet about the crash, but on Monday the FAA advised that there would be software upgrades to the MCAS on board all Boeing 737 MAX aircraft by the end of April 2019.