The Uttar Pradesh government has awarded compensation of Rs 951.44 cr for the acquisition of 1,238 hectares required for the construction of the new NOIDA airport at Jewar on the outskirts of Delhi, Union Civil Aviation Ministry said. The land for which compensation has been declared comes to 99.8% of the private land that has […]
The civil aviation ministry said airfare levels in India have largely returned to normal, after a spike seen immediately after the shut down of operations of Jet Airways in April. The ministry also said that no airline was observed to have charged outside the declared fare brackets in the aftermath of the closure of operations […]
SpiceJet said it will start a daily, non-stop flight between Mumbai and Hong Kong on July 31, the first by an Indian airline. It already operates a similar flight from Delhi. SpiceJet will deploy its 168-seater Boeing 737-800 aircraft on the sector. “The flight is timed perfectly for business and leisure travellers alike with a […]
SpiceJet, the fastest growing airline in India, said 93.9% of its available seats for the month of May were filled, marking a record 50 months in a row when the company has topped the occupancy chart in India. “This is a feat unparalleled in global aviation industry and a huge milestone for SpiceJet,” said Shilpa […]
SpiceJet announced 20 new domestic flights flights today, taking the total flights launched since April to over 90. With this, SpiceJet has announced 106 new flights since April, including 73 that connect Mumbai, 16 connecting Delhi and 8 flights between Mumbai and Delhi. The new flights are effective from the last week of May. 18 […]
SpiceJet announced yet another batch of new flights, emerging as by far the most aggressive airline in the wake of the demise of Jet Airways. This time, it announced 19 new flights, taking the total to 65 new flights announced in the last one month alone. The new flights announced today all connect Mumbai with […]
The National Stock Exchange on Wednesday sought a clarification from Jet Airways regarding reports that a British entrepreneur has expressed interest in acquiring it. The NSE has asked Jet Airways whether such negotiations were taking place and whether it was aware of any information that has not been informed to both NSE and BSE. This […]
Days after it announced its intention to add new aircraft to its fleet, SpiceJet said it would add 24 new flights over hte next 7-15 days. Of these, 16 will connect Mumbai, four will connect Delhi while the rest will connect the two metros with each other. The new flights from Mumbai are to Jaipur, […]
SpiceJet, one of India’s top airlines, said it will add 16 Boeing 737-800 NG aircraft to its fleet over the next ten days, even as rival Jet Airways has reportedly ground about 70 aircraft due to financial troubles. Ajay Singh, Chairman and Managing Director, SpiceJet indicated his company would add more. “This is the first […]
India’s most aggressive low-cost carrier, Spicejet, said it has cancelled 14 flights today due to the grounding of multiple Boeing 737 MAX aircraft. The grounding is the result of a regulatory directive, which was prompted by an accident with an Ethiopian Airlines plane last week, the second Boeing 737 MAX to fall out of the […]
Air travelers in India will soon be able to enjoy Internet like they do on the ground, after Tatanet Services, a wholly owned subsidiary of NELCO Limited, won an in-flight, maritime connectivity licence from Department of Telecommunications. “The IFMC license will make it possible to have uninterrupted access to voice, data and video services while […]
India’s most aggressive low-cost airline SpiceJet announced new flights connecting Hyderabad to Colombo, Chennai with Patna and Surat, as well as six new flights under the UDAN scheme. It has introduced direct flights on the Hyderabad-Colombo-Hyderabad route with effect from April 15. SpiceJet is the first Indian budget carrier to service the route and will […]
SpiceJet, the most aggressive of India’s low-cost carriers, launched 10 new flights under the government-supported UDAN scheme, including eight to Gwalior and four connecting Bhopal. Gwalior will be SpiceJet’s 52nd domestic destination. The move will make the airline the only one to offer daily direct flights on several sectors, such as Gwalior-Hyderabad, Gwalior-Jammu, Gwalior-Bengaluru and Gwalior-Kolkata. […]
SpiceJet, the most aggressive low-cost airline in India, announced 12 new flights from March 31. The new daily flights connect towns such as Surat, Bhopal, Gorakhpur, Jaipur and Dharamshala to Mumbai and Delhi (see table below). It is also offering promotional fares starting at Rs 2,499 all in between Bhopal and Mumbai, Rs 3,299 on […]
Larsen & Toubro, India’s biggest construction firm, said it has secured a mega contract for design and construction of a major airport. Mega contracts are defined as those that will generate more than Rs 7,000 cr of revenue for the company. In October, Larsen & Toubro had won a Rs 3,036 cr order to build […]
Jet Airways managed to sequentially bring down its pretax loss by a smidgen due to its recently started cost cutting measures during the second quarter, and announced further measures to reduce losses. Even as revenue rose sequentially by Rs 170 cr in Jul-Sep quarter, total non-tax expenses rose by only Rs 144 cr, which had […]
InterGlobe Aviation, the company that operates Indigo Airlines, reported a bigger-than-expected net loss for the second quarter as fuel costs zoomed 84%. Net loss came in at Rs 652.1 cr for the quarter ended September 2018 compared to a net profit of Rs 552 cr last year. The “higher fuel prices [were] responsible for more […]
Low-cost carrier SpiceJet said it will start new, daily flights from Hyderabad to Bangkok and Guwahati from Oct 10, becoming the first Indian airline to have a direct flight from Hyderabad to Bangkok, a popular holiday destination for Indians. Before this, people using Indian flights had to use a connecting flight from Delhi while traveling […]
The board of directors of Jet Airways, the body that acts as the representative of all shareholders, will on Monday consider the cost cutting measures proposed by the management of the airline, the company said. “The Audit Committee and the Board of Directors at their meeting scheduled to be held on Monday, 27 August 2018, […]
Jet Airways, one of India’s oldest private airlines, denied reports that it is on the verge of a shutdown, but admitted it had initiated talks with employees in an effort to cut costs in the face of adverse market conditions. Reuters reported that the company had urged pilots to take a 15% pay cut to […]
