Data: How passengers affected Air India's finances
5 years, 1 month ago

Data: How passengers affected Air India's finances

The Hindu  

Air India's market share has dropped significantly over the years. Plummetting numbers In FY01, Air India and Indian Airlines carried half the domestic passengers. Losing its share Not a crowd puller A major factor behind Air India's fall in market share is dissatisfaction of customers who chose less expensive and better service players. Passengers woes image/svg+xml Higher fares While Air India's services have been the poorest, its ticket prices are among the most expensive. Passengers spend more image/svg+xml Mounting losses As passenger revenue fell, Air India's losses ballooned.

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History of this topic

Air India ‘bullish’ on long-haul international routes
2 days, 22 hours ago

Air India ‘bullish’ on long-haul international routes

The Hindu  

Air India Group, which completes three years of privatisation this month, has recorded the fastest growth in passengers on its far-flung international destinations such as the U.S., Europe and Australia. Air India’s focus on long-haul markets is complemented by its efforts to grow traffic on metro to metro routes domestically, where the Group is the second biggest with a 30% …

Air India sees a revenue goldmine in long-haul transit traffic
Trending News
3 days, 16 hours ago

Air India sees a revenue goldmine in long-haul transit traffic

Live Mint  

Air India Ltd sees a lucrative opportunity in international transit traffic by flying people from North America and Europe to Asian destinations through India, expanding its share of a market dominated by foreign airlines. According to Air India data, foreign airlines enjoy a market share of 80% in long-haul transit traffic, while Indian airlines have less than 15%. "Air India …

Air Traffic hits record high level, IndiGo leads the pack with 63.6 per cent share
Trending News
3 weeks, 2 days ago

Air Traffic hits record high level, IndiGo leads the pack with 63.6 per cent share

New Indian Express  

Indian airlines carried a record 1.42 crore passengers on domestic routes in November 2024, marking the highest-ever monthly traffic. According to data from the Directorate General of Civil Aviation, domestic passenger traffic surged 12 per cent year-on-year in November to 1.42 crore, an increase from 1.36 crore in October 2024. India’s largest airline, IndiGo, achieved its highest-ever monthly market share …

Indian aviation in 2024: A year of consolidations, survival and premiumisation
4 weeks, 1 day ago

Indian aviation in 2024: A year of consolidations, survival and premiumisation

Live Mint  

As 2024 comes to an end, a look at the last 12 months shows how much the aviation industry in India has changed and what lies ahead. The much-delayed merger finally got all the regulatory nods, and erstwhile AirAsia India, which had become AIX Connect, folded into Air India Express to create one large Low-Cost carrier for the group. Delays …

IndiGo: Navigating turbulence as market leader
1 month, 1 week ago

IndiGo: Navigating turbulence as market leader

Live Mint  

On 17 November, India’s domestic air traffic surpassed half a million passengers in a single day for the first time, marking a milestone for the country's aviation industry. In October, the last full month with available data, India’s top airline, IndiGo, expanded its already outsized market share for the fourth straight month, to nearly match its all-time high of 63.4% …

IndiGo Dominates Domestic Air Passenger Traffic In October With 63.3 Per Cent Market Share, DGCA Data Reveals
1 month, 3 weeks ago

IndiGo Dominates Domestic Air Passenger Traffic In October With 63.3 Per Cent Market Share, DGCA Data Reveals

ABP News  

Domestic air passenger traffic in India surged in October, official data revealed. The country’s domestic air traffic climbed 5.3 per cent in October 2024 and reached 1.36 crore passengers, the latest data from the Directorate General of Civil Aviation revealed. The collective market share of Air India for the month under review stood at 19.4 per cent, while Vistara accounted …

Flying’s new high: Raise a toast to it?
1 month, 4 weeks ago

Flying’s new high: Raise a toast to it?

Live Mint  

It’s ironic that airlines in India aren’t in the best of shape, but demand for air travel in the country is touching new peaks. Surprisingly, though, a new record has been scaled weeks after Diwali, which suggests durable strength in this market, with its pandemic slump now a fading memory. While capacity has expanded a bit, a long expected wait …

Why Indian carriers struggle to survive despite airport boom and record footfall
2 months ago

Why Indian carriers struggle to survive despite airport boom and record footfall

Firstpost  

The Indian aviation industry may seem to be soaring, but it has a history of airline shutdowns due to money troubles, intense competition and management issues. While Air India merged with Indian Airlines in 2007 to become the largest full-service airline, other major players like Kingfisher, Jet Airways and Air Sahara all eventually collapsed. Boeing’s 2023 outlook estimates that over …

The forgotten 5%, India's well-heeled flier, set to be back on airline radar soon
5 months, 3 weeks ago

The forgotten 5%, India's well-heeled flier, set to be back on airline radar soon

Hindustan Times  

I don’t know how many readers will recall but there was a time in the 1970s and 1980s when air travel in India was the preserve of a very few. Predictably, certain aspects of air travel took quite a knock once India’s low-fare airline revolution hit in the early 2000s. On June 19, Air India announced that it has refitted …

Need to strengthen Indian airlines for international air travel: Economic Survey 2024
5 months, 3 weeks ago

Need to strengthen Indian airlines for international air travel: Economic Survey 2024

The Hindu  

Indian airlines need to be strengthened in order to ensure long-haul international air connectivity, the Economic Survey 2024 said. The emphasis on supporting Indian carriers, it said, was required to plug the leak caused by a large proportion of Indian long-haul international traffic travelling through connectivity hubs in the Middle East and Southeast Asia. At the same time, Air India …

Domestic Air Traffic Rises 2 Per Cent In April YoY, IndiGo Maintains Hold On 60 Per Cent Of Market Share
7 months, 3 weeks ago

Domestic Air Traffic Rises 2 Per Cent In April YoY, IndiGo Maintains Hold On 60 Per Cent Of Market Share

ABP News  

India’s aviation industry clocked a growth in domestic air traffic in April 2024, official data from the Directorate General of Civil Aviation revealed. The data showed that the domestic airlines flew 132 lakh passengers in April 2024, against 128.88 lakh passengers flown during the same month a year earlier, marking a growth of 2.42 per cent on a year-on-year basis. …

Airfares are soaring amid turbulence in civil aviation
9 months ago

Airfares are soaring amid turbulence in civil aviation

Live Mint  

With India’s civil aviation sector going through turbulence, fliers are being forced to tighten their budgetary belts, as airfares have soared at a dizzying angle. For a quick explanation, Exhibit ‘A’ is Tata-run Vistara’s recent declaration of scaling back operations by about 25-30 flights per day, or roughly 10% of its capacity, amid a shortage of pilots. After Air India’s …

India is a price-sensitive market, says IndiGo CEO
9 months, 2 weeks ago

India is a price-sensitive market, says IndiGo CEO

The Hindu  

There is healthy and tough competition in the Indian aviation market, which is also price sensitive, India’s largest airline IndiGo’s chief Pieter Elbers said, adding that there is an enormous demand for travel in the country. Mr. Elbers, who heads IndiGo, which has a domestic market share of little over 60%, said the overall price levels in India are "very …

Domestic air passenger traffic rise 9% in November
1 year, 1 month ago

Domestic air passenger traffic rise 9% in November

The Hindu  

Domestic air passenger traffic rose 9% to more than 1.27 crore in November, according to official data released on Friday. Official data released by the Directorate General of Civil Aviation on Friday showed that airlines flew 1.27 crore passengers in November compared to 1.17 crore in the year-ago period. "Passengers carried by domestic airlines during January-November 2023 were 1,382.34 lakh …

Indian Domestic Aviation Sector Records 38.27% Growth In Passenger Traffic In 2023
1 year, 3 months ago

Indian Domestic Aviation Sector Records 38.27% Growth In Passenger Traffic In 2023

News 18  

In 2023, the Indian domestic aviation sector witnessed an impressive surge in its passenger traffic, during the first eight months. As per the Ministry of Civil Aviation press release, this marks an upward incline on the graph and shows a growth rate of 38.27 per cent when compared to the data of the previous year In August 2023, a monthly …

Domestic air passenger traffic jumps 25% in July
1 year, 5 months ago

Domestic air passenger traffic jumps 25% in July

The Hindu  

India's domestic air passenger traffic volume surged 25% year-on-year to 1.21 crore passengers in July, according to DGCA data released on Monday. Vistara, which is a 51:49 joint venture between Tata Sons and Singapore Airlines, flew 10.20 lakh passengers on domestic routes in the previous month with a market share of 8.4%, as per data. Air India's subsidiary AirAsia India, …

Air India: ₹7,000 Crore write-offs in FY23
1 year, 5 months ago

Air India: ₹7,000 Crore write-offs in FY23

Live Mint  

Air India incurred significant write-offs amounting to an estimated ₹7,000 crore during the financial year 2022-23. However, despite these challenges, Air India managed to reduce its losses and achieve positive earnings before interest, taxes, depreciation, amortisation, and restructuring or rent costs at an operating level, the publication reported. Air India, along with its subsidiary Air India Express, achieved EBITDAR positivity …

May aviation data: Domestic air traffic jumps 36% on year; check details
1 year, 7 months ago

May aviation data: Domestic air traffic jumps 36% on year; check details

Live Mint  

India's domestic air traffic in May rose 36 per cent compared to the same month last year, and domestic airlines carried 1.32 crore passengers in May, according to data released by the Directorate General of Civil Aviation on June 15. Domestic air traffic in May was also up 2.5 per cent compared to April when airlines carried 1.29 crore passengers. …

Average Airfares On A Downward Trend On Various Domestic Routes: Official Data
1 year, 7 months ago

Average Airfares On A Downward Trend On Various Domestic Routes: Official Data

News 18  

The overall average airfares on ten domestic routes, including Delhi-Srinagar, are on the decline, and the trend is likely to continue in the coming weeks also, according to an analysis based on data compiled by aviation regulator DGCA. Against this backdrop, concerns have been expressed in various quarters, and the civil aviation ministry on June 6 asked airlines to devise …

India has one of the best airfare regimes; there should be no 'gouging': Akasa Air CEO
1 year, 7 months ago

India has one of the best airfare regimes; there should be no 'gouging': Akasa Air CEO

The Hindu  

India has one of the best airfare regimes in the world, but there should not be "gouging" in terms of ticket prices to take advantage of a particular situation, according to Akasa Air CEO Vinay Dube. His comments come against the backdrop of concerns about a steep rise in airfares in certain routes amid capacity reduction due to the Go …

Why airlines keep folding in India’s booming aviation market
1 year, 8 months ago

Why airlines keep folding in India’s booming aviation market

Live Mint  

Go Airlines India Ltd. this week became the latest victim in the battle of the skies over India. Go, run by cookie-to-clothing magnate Nusli Wadia’s group, is the third high-profile carrier majority owned by a billionaire that has ceased to fly in the past 11 years. Modi has committed to steer the state away from business, proving his credentials by …

Here's why Singapore Airlines is investing in Air India
1 year, 11 months ago

Here's why Singapore Airlines is investing in Air India

Hindustan Times  

When the Singapore Airlines Group released its operating statistics for December 2022, it revealed that it carried almost 12 per cent more passengers compared with a month ago and four times more than a year ago. SIA's passenger load factor in December 2022 came in at 89.7 per cent during the month -- 3.8 percentage points more compared with a …

Air India inches closer to seal half of jumbo plane order
1 year, 11 months ago

Air India inches closer to seal half of jumbo plane order

Live Mint  

Air India will on Friday seal half of an order for some 495 jets with Boeing and engine suppliers General Electric and CFM International, industry sources said, as its new owner seeks to revive the airline and compete with larger rivals. After months of closely guarded, tough negotiations, Air India is set to place an order for 190 Boeing 737 …

Tata's Air India to seal half of jumbo plane order with Boeing: Report
1 year, 11 months ago

Tata's Air India to seal half of jumbo plane order with Boeing: Report

India Today  

Air India will on Friday seal half of an order for some 495 jets with Boeing and engine suppliers General Electric and CFM International, industry sources said, as its new owner seeks to revive the airline and compete with larger rivals. After months of closely guarded, tough negotiations, Air India is set to place an order for 190 Boeing 737 …

Tata’s Air India to seal half of jumbo plane order today
1 year, 11 months ago

Tata’s Air India to seal half of jumbo plane order today

Live Mint  

Air India will on Friday seal half of an order worth billions of dollars for some 495 jets with Boeing and engine suppliers General Electric and CFM International, two industry sources said, as its new owner seeks to revive the airline and compete with much larger rivals. After months of closely-guarded, tough negotiations, Air India is set to place an …

India's domestic passenger volume rose 65 per cent to 10 million in September: DGCA
2 years, 2 months ago

India's domestic passenger volume rose 65 per cent to 10 million in September: DGCA

India TV News  

Domestic air passenger volume grew 64.61 per cent to 10.35 million in September over the same period last year, according to a data released by aviation safety regulator Directorate General of Civil Aviation on Wednesday. In terms of market share, leading carrier IndiGo cornered 57 per cent of the total domestic traffic pie, carrying 59. 72 lakh passengers across its …

Airfares sting, no ‘low-cost’ flight up in the skies now
2 years, 6 months ago

Airfares sting, no ‘low-cost’ flight up in the skies now

The Hindu  

With the rise in fuel prices, domestic and international airfares have witnessed surge by up to 50% in the past few months, according to data from online portals. Similarly, a flight ticket for Bengaluru to New Delhi within the same booking window will cost ₹9,674, which is a 38% increase from ₹6,984 five months ago. Data from travel portal ixigo …

Your holiday just got more expensive! Why flyers will have to shell out more for air tickets
2 years, 7 months ago

Your holiday just got more expensive! Why flyers will have to shell out more for air tickets

Firstpost  

Passengers will have to shell out at least 15 per cent more for air fare after oil companies raised the price of Aviation Turbine Fuel by a record 16 per cent. Rise in ATF prices As per a notification of state-owned fuel retailers, the price of ATF was hiked by 16.3 per cent, to Rs Rs 1,41,232.87 per kl in …

India's Domestic Air Passenger Traffic in March Shows 36 Pct Year-on-Year Growth From 2021
2 years, 8 months ago

India's Domestic Air Passenger Traffic in March Shows 36 Pct Year-on-Year Growth From 2021

News 18  

Lower base effect as well as easing Covid travel restrictions accelerated India’s domestic air passenger traffic growth by over 36 per cent in March on a year-on-year basis. According to the Directorate General of Civil Aviation, the country’s scheduled domestic flight operations ferried 1.06 crore passengers last month. “Passengers carried by domestic airlines during January-March 2022 were 248 lakh as …

Data | Despite increase in flyers, Indian airlines struggle to turn a profit
2 years, 9 months ago

Data | Despite increase in flyers, Indian airlines struggle to turn a profit

The Hindu  

The aviation industry is caught between a rock and a hard place. Thus, despite an increase in passenger traffic, airline firms continue to suffer Profit-loss statement The graph shows IndiGo and SpiceJet’s profit/loss made after tax in ₹ ‘000 million. Now, despite the surge in passenger traffic, airlines are yet to come out of the woods as jet fuel prices …

Air India: Sold for a song
3 years, 2 months ago

Air India: Sold for a song

The Hindu  

Legend has it that when J.R.D. The return comes 68 years after Prime Minister Jawaharlal Nehru nationalised nine airlines through the Air Corporations Act, 1953, including Air India, in which the Tatas held a 25 per cent stake. Of the Rs.18,000 crore, Rs.15,300 crore, or 85 per cent, will go towards servicing Air India’s accumulated debt, which as of August …

A homecoming: The Hindu Editorial on Air India and the Tatas
3 years, 3 months ago

A homecoming: The Hindu Editorial on Air India and the Tatas

The Hindu  

Air India, the airline started by J.R.D. For the Tatas, who have retained an abiding interest in the country’s airline industry and currently majority own both a budget carrier, AirAsia India, and a full-service airline, Vistara, the Air India acquisition brings opportunities to gain scale and synergies at a significant level. With Air India and its low-cost unit, Air India …

Opinion | Air India under Tatas will surely regain its lost glory
3 years, 3 months ago

Opinion | Air India under Tatas will surely regain its lost glory

India TV News  

In a historic acquisition, the Tata group, after a gap of 68 years, was set to regain control of India’s national carrier Air India, after its bid of Rs 18,000 crore was accepted by the Centre. While admittedly it will take considerable effort to rebuild Air India, it will hopefully provide a very strong market opportunity to the Tata group’s …

Air India Sale: Undoing the Grief Nehru Govt Heaped on Private Enterprises and JRD Tata
3 years, 3 months ago

Air India Sale: Undoing the Grief Nehru Govt Heaped on Private Enterprises and JRD Tata

News 18  

‘And now the time has come to say goodbye. Nationalisation Promoted Crony Capitalism and Mediocrity What the Nehru government did in 1953 with the single stroke of the pen was not just limited to the nationalisation of Air India or shaking the foundations of the Indian air transport industry, it ended up weakening the overall cause of private enterprises in …

Domestic Air Travel in India Witnessed a Plunge of 42 Percent in April, Highest Dip Globally
3 years, 7 months ago

Domestic Air Travel in India Witnessed a Plunge of 42 Percent in April, Highest Dip Globally

News 18  

Covid resurgence accelerated the contraction rate of India’s domestic air passenger traffic in April 2021. According to the International Air Transport Association, the plunge in India’s domestic air passenger volume — measured in revenue passenger kilometres — was one of the largest amongst major aviation markets such as Australia, Brazil, China, Japan, Russia and the US. “Total domestic demand was …

Domestic Air Passengers Decrease by 26.8 Percent to 57.25 Lakh in April: DGCA
3 years, 7 months ago

Domestic Air Passengers Decrease by 26.8 Percent to 57.25 Lakh in April: DGCA

News 18  

Around 57.25 lakh domestic passengers travelled by air in April, which is 26.8 per cent lower than 78.22 lakh who travelled in March, Indian aviation regulator DGCA said on Tuesday. While IndiGo carried 30.83 lakh passengers in April, a 53.9 per cent share of the total domestic market, SpiceJet flew 7.05 lakh passengers, which is 12.3 per cent share of …

Indian Aviation Sector Witnessed its Worst Year in 2020, Hopes for Quick Bounceback in 2021
4 years ago

Indian Aviation Sector Witnessed its Worst Year in 2020, Hopes for Quick Bounceback in 2021

News 18  

The COVID-19 pandemic had a massive impact on the Indian aviation sector in 2020 and major airlines facing losses and challenging times laid off employees, sent them on leave without pay, or cut their salaries. The government, meanwhile, permitted special international passenger flights under Vande Bharat Mission since May and air bubble arrangements were formed with around 24 countries since …

Indian domestic air traffic down 65.82% annually during September
4 years, 3 months ago

Indian domestic air traffic down 65.82% annually during September

Live Mint  

New Delhi: Indian airlines carried 3.94 million passengers during September, down by 65.82% from the same period of the previous year, due to the ongoing covid-19 pandemic that has muted travel appetite, according to monthly data released by the Directorate General of Civil Aviation However, more people flew in September as compared to August, when airlines flew 2.83 million passengers …

Civil aviation revenues down 85%, 18,000 jobs lost
4 years, 3 months ago

Civil aviation revenues down 85%, 18,000 jobs lost

Deccan Chronicle  

Chennai: Revenues in the civil aviation sector have dropped by 85 per cent since the coronavirus lockdown. As per the data from the Ministry of Civil Aviation, domestic traffic fell close to 80 per cent from 5.85 crore during March-July 2019 to 1.20 crore in March-July 2020. International traffic too reduced 87 per cent from 93.45 lakh to 11.55 lakh …

Covid-19 impact: Indian carriers continue to see subdued demand in August
4 years, 4 months ago

Covid-19 impact: Indian carriers continue to see subdued demand in August

Live Mint  

NEW DELHI: Indian airlines operated a third of their scheduled domestic flights in August and ferried more passengers than previous months, but continued to witness muted demand compared to pre-covid days largely because of the rising number of infections across India. Indian carriers flew 2.83 million passengers in August, down from 11.79 million in the year-ago period, showed monthly data …

Revenues of Indian airlines fell by over 85% in April-June period: Hardeep Singh Puri
4 years, 4 months ago

Revenues of Indian airlines fell by over 85% in April-June period: Hardeep Singh Puri

India Today  

The revenue of Indian airlines fell by over 85 per cent to Rs 3,651 crore during the first quarter of FY21 due to the severe disruption caused by the Covid-19 pandemic. Civil Aviation Minister Hardeep Singh Puri on Wednesday stated in a written reply in Rajya Sabha that Indian airlines suffered a 85.7 per cent revenue loss in comparison to …

Govt weighs dropping debt condition in Air India sale: Report
4 years, 4 months ago

Govt weighs dropping debt condition in Air India sale: Report

Live Mint  

India is proposing to drop a condition that the winning bidder for Air India Ltd. will have to take on $3.3 billion of aircraft debt, people with knowledge of the matter said, as the government struggles to sell the loss-making carrier kept afloat by taxpayer-funded bailouts. A renewed attempt to sell Air India, which hasn’t made money since 2007, has …

Air Passenger Traffic in India Plunged by 82.3 Percent in July Despite Marginal Recovery: DGCA
4 years, 5 months ago

Air Passenger Traffic in India Plunged by 82.3 Percent in July Despite Marginal Recovery: DGCA

News 18  

India's domestic air passenger traffic remained deep in the red during July as it plunged by more than 82 per cent to 21.07 lakh on a year-on-year basis, as per official data. According to the Directorate General of Civil Aviation, passengers ferried by domestic airlines during July stood at 21.07 lakh from 1.19 crore for the corresponding period of the …

Flight bookings up 23% in 3 days amid offers by Air India, IndiGo
4 years, 10 months ago

Flight bookings up 23% in 3 days amid offers by Air India, IndiGo

The Hindu  

The travel trade has said it had observed a 23% spike in air ticket bookings from February 15 over three days amidst offers by Air India and IndiGo and drop in airfares to countries like Thailand in wake of the spread of COVID-19. William Boulter, chief commercial officer, IndiGo, said, “The sale will help customers plan their international travel in …

Govt discusses Air India’s sale with nine companies
4 years, 11 months ago

Govt discusses Air India’s sale with nine companies

Live Mint  

Indian officials met with as many as nine companies during roadshows to gauge interest in a stake sale in the nation’s loss-making flag carrier, people with knowledge of the matter said. Officials from the South Asian nation met executives of companies including British Airways parent IAG SA, IndiGo, India’s biggest airline that’s operated by InterGlobe Aviation Ltd., SpiceJet Ltd. as …

IndiGo reports ₹1,066 crore loss in Sept-quarter as costs surge
5 years, 2 months ago

IndiGo reports ₹1,066 crore loss in Sept-quarter as costs surge

Live Mint  

IndiGo, India's biggest airline, reported a bigger loss in the September quarter, hurt by higher expenses and as the aviation industry grapples with slowing passenger growth in a sluggish economy. The airline's owner InterGlobe Aviation Ltd's net loss in the three months to Sept. 30 widened to ₹1,066 crore from ₹652 crore in the same period last year. The results …

High average fares, increase in passenger numbers help AirAsia India trim quarterly loss
5 years, 4 months ago

High average fares, increase in passenger numbers help AirAsia India trim quarterly loss

Firstpost  

In a recent filing to the Malaysian stock exchange, AirAsia Berhad said that AirAsia India recorded a total revenue of Rs 904.74 crore in the latest June quarter. New Delhi: Low-cost carrier AirAsia India’s loss before tax narrowed to Rs 15.1 crore in the three months to June, mainly on the back of higher average fare and increase in passenger …

High average fares help AirAsia India trim quarterly loss
5 years, 4 months ago

High average fares help AirAsia India trim quarterly loss

India TV News  

Low-cost carrier AirAsia India's loss before tax narrowed to Rs 15.1 crore in the three months to June, mainly on the back of higher average fare and increase in passenger numbers. In a recent filing to the Malaysian stock exchange, AirAsia Berhad said that AirAsia India recorded a total revenue of Rs 904.74 crore in the latest June quarter. "Loss …

Air traffic growth slumps in Jan-Jul
5 years, 4 months ago

Air traffic growth slumps in Jan-Jul

Live Mint  

Air passenger traffic in India grew 3.1% in the first seven months of 2019—the slowest pace in at least five years—amid market uncertainties in a slowing economy and the grounding of Jet Airways Ltd. About 82.56 million passengers travelled on domestic routes during the January to July this year, compared with 80.04 million passengers a year earlier, showed data issued …

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