Coronavirus Impact: Air passenger traffic may witness 30% negative growth this fiscal from earlier estimate of 25%, says CARE Ratings
Air passenger traffic is expected to log a 30 percent negative growth during this fiscal from an earlier estimate of a 20-25 percent negative growth amid coronavirus pandemic, rating agency CARE Ratings said on Tuesday
First time in over 5 years, India's domestic air traffic growth falls in April on Jet Airways shutdown: IATA
India's domestic air traffic registered first negative growth rate in more than five years in April, mainly due to the demise of Jet Airways, global airlines' grouping IATA said on Wednesday
GoAir's Cornelis Vrieswijk resigns nine just months after being appointed company CEO, cites 'personal matters'
Budget carrier GoAir Wednesday said its chief executive Cornelis Vrieswijk has resigned from the post within nine months
Indian airline sector to shrink losses by two-thirds next year; domestic air traffic to rise by 14-16%: Report
Domestic air traffic is forecast to rise by 14 to 16 percent in financial year 2020 with international traffic set to be 10 to 12 percent higher as the Indian fleet expands by more than 90 aircraft.
The January-October cumulative air travel demand also surged a healthy 20.11 percent, at 11.46 crore passengers as per DGCA data
With this, the Jet Airways will now acquire a total of 225 Boeing 737 Max planes over a period of time as it eyes expansion in the fast-growing domestic aviation market
Jet Airways profit falls 91% in Q2: Is too much reliance on Gulf routes behind airline's falling profitability?
Jet Airways has deployed almost half of its international capacity on Gulf routes, where the market growth is tapering off, which obviously means its yields (revenue per passenger) suffered on these routes.
Nitin Gadkari may get Railways too: Why cabinet reshuffle should create an omnibus transport ministry
If the intention is to merely allot Gadkari a ministry which houses the world’s largest employer and transporter without Prime Minister Narendra Modi creating an omnibus ministry for transport, it would be a pity.
In January at least one in four flights into or from the country’s four busiest airports – Delhi, Mumbai, Hyderabad and Bangalore – was delayed.
The Jet Airways group and GoAir were the other two laggards, both also at their lowest market share points during October
Low cost carrier IndiGo maintained its leadership position with a market share of 36.8 percent in October
India's domestic air traffic grew strongly by over 14 percent last November compared to the same month in 2013, though that did not translate into higher international travel demand for Indian carriers, IATA
IATA attributed this growth, which was several times that of 7.6 percent recorded in August, to market stimulation measures by the Indian carriers which continued to offer low fares on the domestic sectors.
India's domestic air travel demand declined by 4.9 percent and the sector witnessed a 5.3 percent capacity reduction, according to International Air Transport Association (IATA).
The domestic aviation market is shrinking and how. Between January and December 2012, 18.44 lakh less passengers took to the skies compared to calendar 2011.