Indian Aviation 2016: INDIGO the big winner, JET Airways, AIR INDIA losers

InterGlobe-owned Indigo turned out to be the big winner in Indian aviation sector in 2016, increasing its domination of the Indian skies relentlessly through the year. It was a good year for Indian aviation as low fuel prices kept fares affordable, leading to a 23% jump in total passengers to 99.9 million; almost 10 cr passengers in the year. Indigo started the year as the biggest airline in India, with a market share of 37% in the first quarter of the year. Its market share rose to 38.4% in the…

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Spicejet turnaround continues, Q2 Profit doubles

SpiceJet reported a doubling of its net profit to Rs 58.9 Crore for the July-September period as against Rs 29 crore for the same quarter last year. Operating revenue for the quarter stood at Rs.1,400 crores, a growth of 35%. Capacity deployed registered a growth of 38% over the same quarter last year. Despite a sluggish corporate sector, airlines in India are profiting from low fuel costs that has enabled them to offer their services to a larger number of people. On EBITDAR basis, the Company reported a profit of…

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SpiceJet offers tickets for Rs 737 in annual sale, Bangalore-Delhi at 2900

SpiceJet has launched its ‘Spicy Annual Sale’, offering all inclusive one-way fares as low as Rs 737 for travel to select destinations on its domestic network. The four day sale launched today will be open till midnight, 24th November, 2016 whereas the travel period covered is from 9th January 2017 to 28th October, 2017. The starting fare of Rs 737- all inclusive is applicable on sectors like Chennai – Coimbatore – Chennai, Jammu- Srinagar – Jammu, Chandigarh – Srinagar – Chandigarh and Agartala – Guwahati covering distance upto 500 kms….

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No plan to regulate surge pricing for airlines – Govt of India

The central government has said that it has no plans to impose any limits on the fare charged by airlines in India. The clarification has come in the context of demands in certain quarters that airlines will be the next to see curbs on surge pricing after such limits were placed on taxi services such as Uber. Last week, the Karnataka High Court had dismissed a petition by Uber that had argued that state governments did not have the right to control surge pricing by cab companies. Like airlines, Uber…

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New Goa airport at Mopa to be ready by 2020

GMR Airports Limited (GAL), a subsidiary of GMR Infrastructure Limited, today signed the agreement with Government of Goa for the development and operation of north Goa’s Greenfield International Airport at Mopa. GMR Airports Ltd (GAL) a subsidiary of GMR Infrastructure Ltd, is one of the largest airport developers in the world; handling more than 70 million passengers per annum both in India & Overseas. GMR will design, build, finance and operate the international airport for 40 years with extension option for another 20 years. The construction period for the first…

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Jet Airways launches daily flights from Bengaluru to Singapore

Jet Airways said it is launching a daily direct flight from Bengaluru to Singapore from 14th December, further expanding its connectivity across the ASEAN region. The new flight will offer passengers from Hyderabad, Mangaluru, Coimbatore and Thiruvananthapuram connectivity to Singapore via Bengaluru. “This service has been introduced in response to growing demand on this sector, particularly from business and corporate travellers”, said the company. Jet Airways flight 9W 024 will depart Bengaluru’s Kempegowda International Airport at 1110 hrs and arrive in Singapore at 1810 hrs (Local Time). The flight 9W…

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SpiceJet introduces three new Boeing 737-800 for connecting main metros

Low-cost carrier SpiceJet said it was introducing three new Boeing 737-800 jets as it ramped up its operations for the winter by introducing 8 new flights and an equal number of new connections. With the introduction of the new and additional flights, SpiceJet will operate 334 flights a day. The Boeing 737 is an American short-to medium-range twin-jet narrow-body airliner. The 737 is Boeing’s only narrow-body airliner in production, with the 737 Next Generation (-700, -800, and -900ER) variants currently being built. The new flights have been introduced to connect Bengaluru,…

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SpiceJet offers 12% off on flights to Dubai

Low-cost carrier SpiceJet said it is offering a flat 12% discount on flights between India and Dubai. The discount will be applicable for flights between Dubai and any of the Indian cities Kozhikode, Kochi, Hyderabad, Jaipur and Mangalore. Customers can avail this offer by using a promo code –´TRAVEL12´– while booking. Booking can be done on the company´s website from 18th to 21st October. The travel period for this offer is set between 18th and 30th November, which will cover the Diwali season. SpiceJet is India’s low budget airline which…

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GoAir offers students 5% off, extra baggage allowance for students

Low-cost carrier GoAir has launched a new promotion — Smart Student Fare– which offers discounts and extra baggage allowance for students. Students will get 5% discount on base fare and excess baggage allowance up to 25Kgs while travelling on GoAir carriers. The scheme is applicable only for students above the age of 12 years who belongs to a bonafide school/university and it is mandatory for the students to carry a valid ID card and display it at the time of check-in at the airport. “The Student fare will be available…

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SpiceJet launches 16 new flights for enhancing connectivity in North-east

Budget airline SpiceJet launched 16 new flights with a special focus on North-East India. The new flights include Kolkata-Silchar-Guwahati; Kolkata-Aizawl-Guwahati; and Kolkata-Gorakhpur-Delhi routes. “SpiceJet intends to penetrate the underserved markets within its domestic network and thereby aims to enhance regional connectivity,” the airline said. The company has outlined new markets on to its network including Silchar, Gorakhpur and Aizawl. It will also deploy a dedicated fleet of three Q400 for the north-eastern markets. The company will also operate new flights on sectors like Kolkata-Silchar-Guwahati; Kolkata-Aizawl-Guwahati and Kolkata-Gorakhpur-Delhi. Kolkata-Visakhapatnam-Kolkata flights with effective…

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SpiceJet offers tickets start Rs 888 under festival offer

Spicejet is offering one-way fares starting at Rs 888 all-in for the domestic routes and Rs 3699 for international routes under a festival offer. “Applicable only on direct flights, under this offer, tickets on domestic routes are priced for popular routes such as Bengaluru – Kochi, Delhi – Dehradun, Chennai – Bengaluru at Rs. 888 while within the international sector, the sale offer has encompassed Chennai – Colombo routes at Rs.3699 among others,” the airline said. SpiceJet is India’s most aggressive airline as far as discounts are concerned, though in…

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Anil Ambani’s Reliance Infra to make Rafale jet parts in India under JV with Dassault Aviation

Reliance Anil Ambani group said itś unit Reliance Aerospace entered into a joint venture with Dassault Aviation, a French aircraft manufacture. The partnership between Reliance and Dassault will also focus on promoting Research and development projects under the IDDM program (Indigenously Designed, Developed and Manufactured), a new initiative of India’s Defence Minister Manohar Parrikar. The “Dassault Reliance Aerospace” will focus in the execution of offset obligations, as a part of the 36 Rafale fighter Jets purchase agreement at a value of €7.87 billion (Rs 59 crore) signed between France and…

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Now, get Jet Airways air miles when shopping from Flipkart

Jet Airways has launched a new online shopping platform which will reward its users with its air miles that can be redeemed for booking flights later. The first partner in the venture is Flipkart, which will provide the back-end support. Points are earned every time a customer shop on the platform. The JPMiles accumulated by shopping can then be redeemed for award flights across 1,000 destinations, or at the JetPrivilege reward store, which has over 500 products to choose from. “Members can earn up to 16 JPMiles for every Rs…

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SpiceJet offers 12% off on India – Dubai flights for Diwali

SpiceJet, India´s low-cost carrier, said it is offering a flat 12% discount on flights between India & Dubai. Customers can avail this offer by using a promo code –´TRAVEL12´– while booking. Booking can be done on the company´s website from 19th to 22nd September. The travel period for this offer is set between 20th and 25th October, just before Diwali, which falls on Oct 30. SpiceJet is India’s low budget airline which operates 298 daily flights to 41 destinations, including 35 domestic and 6 international ones. The Dubai-India sector is…

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SpiceJet launches Delhi – Jodhpur daily flight

SpiceJet, India´s low-cost carrier will start its direct flight on Delhi – Jodhpur – Delhi sector from 30th October 2016 under its winter schedule. With introduction of this flight Jodhpur will be connected with Bengaluru, Hyderabad, Chennai, Mumbai and Kolkata. The airways is already operating daily flights to Jaipur and Udaipur. Jodhpur is a popular tourist destination also known as Suncity sees a lot of tourist influx especially starting from the festive season. Shilpa Bhatia, Sr. VP, Commercial, SpiceJet, said, “Regional connectivity has always played an important role in strengthening…

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Jet Airways promotes Jayaraj Shanmugam as Chief Commercial Officer

Jet Airways promoted Jayaraj Shanmugam as its Chief Commercial Officer. Since joining Jet Airways’ in mid-2015 and as Sr. Vice President of Products & Services, Shanmugam has been instrumental in sharpening the organization’s focus towards delivering superior guest engagement experience together with a host of outstanding, innovative initiatives, the airline said. He will be based at Jet Airways’ headquarters in Mumbai and report to the CEO. In his new role as Chief Commercial Officer, Shanmugam will be responsible for leading Jet Airways’ commercial teams to maximize revenue streams and use…

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GVK´s Mumbai Airport settles slum rehabilitation dispute with HDIL

GVK Power and Infrastructure Ltd. said it had settled the dispute between itself and Housing Development and Infrastucture Ltd (HDIL) related to the slum rehabilitation activities near the Mumbai International Airport. ¨The parties have signed a settlement agreement dated 8th September, 2016 vide which they have irrevocably and unconditionaly withdrawn all their respective claims and counter- claims against each other,¨ said GVK Power and Infrastructure. The disputes stems from an agreement signed between MIAL and HDIL in 2007 for implementation of a slum rehabilitation project at the location of the…

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SpiceJet profit doubles on revenue growth

SpiceJet doubled its net profit to Rs. 149 Crore for Q1 FY17 as against Rs. 73 crore for the same quarter last year. Capacity deployed registered a growth of 37% over the same quarter last year and operating revenue was Rs. 1,522 crores, a growth of 37%. The profit increase was on account of higher revenue. Despite an equally strong increase in expenses, the higher leverage afforded by the revenue growth resulted in strong growth in net profit (see chart below). On an EBITDA basis, SpiceJet reported a profit of…

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Ramco Systems’ aviation suit to be used in Royal Canadian Air Force

Ramco Systems, a aviation software company, announced that it has won a project from Canada’s L-3 MAS to implement Ramco’s aviation software to support Royal Canadian Air Force fleet in engineering & programs, materials management, maintenance, compliance & quality, flight operations and offline maintenance, said the company. L-3 MAS is among Canada’s leading providers of aircraft support services to government departments and agencies as well as to commercial customers. Ramco’s Aviation Suite V5.7 will support the CC-150 Polaris fleet of the Royal Canadian Air Force fleet, added the compnay. Virender…

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Vietnam helicopter company goes live on Ramco aviation suite

Software firm Ramco Systems said Vietnamese state-owned helicopter operator Southern Vietnam Helicopter Company has successfully deployed its aviation software. This marks Ramco aviation 5.7’s first live customer in Vietnam, the company added. The implementation of a unified platform has enabled the company to integrate operations including Maintenance, Repair and Overhaul (MRO), Supply Chain Management and Maintenance & Engineering (M&E), it said. The Ramco offering covers modules for Maintenance, Material Management, coupled with Finance and Human Resource Management. Designed to be accessible on cloud and mobile, Ramco Aviation Software offers hands-free computing…

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