India is undoubtedly a large and growing aviation market. A liberalized approach to aviation and the country’s strengthened economic position in the world has helped it become one of the fastest-growing markets, doubling in the past seven years. This fast-paced growth is expected to continue as more and more of the country takes to the […]
India is undoubtedly a large and growing aviation market. A liberalized approach to aviation and the country’s strengthened economic position in the world has helped it become one of the fastest-growing markets, doubling in the past seven years. This fast-paced growth is expected to continue as more and more of the country takes to the […]
In the continued gutting of Jet Airways, it has now been announced that Indian carrier Vistara will be leasing four Boeing 737-800 aircraft that originally belonged to Jet Airways. This is an attempt to grow the airline which currently has a five percent market share in India and also make up for the sudden drop […]
Just over a month ago, India’s Jet Airways ceased all flights after running out of the funds necessary to continue operating. That shutdown had effects across the airline’s route network. While that network did include destinations as far as North America and various others across Europe, a seemingly disproportionate amount of the airline’s traffic was […]
Air India announced that they will offer a 40 percent discount three hours before departure. The state-owned carrier said that customers can buy the discounted domestic tickets from all outlets which include Air India’s website, mobile app and booking counters. Air India is facing stiff competition with low-cost carriers’ competitive ticket prices, high fuel costs […]
Air India announced this weekend it has set aside nearly $100 million to get nearly 20 grounded narrowbody aircraft back in the air months after they were first pulled out of service due to engine troubles. Originally, the airline had planned to leave the aircraft sitting until the necessary funds came available. However, increasing demand […]
With the grounding of Jet Airways in mid-April, other Indian airlines have begun circling trying to get a piece of what remains of the carcass. In order to maintain current levels of capacity, the Indian aviation ministry is granting airlines such as SpiceJet and IndiGo many of Jet’s highly-coveted slots at airports in Mumbai and […]
The Indian aviation market faces more turmoil as state-owned carrier Air India is potentially about to default on just over $1 billion in loans due this financial year which were used for the purchase of aircraft. The news comes in the same week as Jet Airways ceased flight operations after a failure to secure investment […]
The past few months in the Indian aviation market have been dominated by the tumultuous financial struggles of Jet Airways. These struggles came to a head last week when the airline announced it was ending all flights. The end of operations of India’s largest private airline has not only left travelers stranded around the globe, […]
India’s beleaguered carrier Jet Airways issued a statement on Wednesday suspending all flight operations. The airline, which had cancelled all international and some domestic services from last week and was left with only five aircraft in service, advised that the State Bank of India (SBI)representing a consortium of Indian lenders was “unable to consider its […]
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