NEW DELHI: India’s aviation sector in April recorded the highest year-on-year growth in passengers since September 2014. The number of passengers during the month grew 23.33% over that a year ago, the highest increase after the 27.82% spike seven months ago.
IndiGo, SpiceJet and Vistara registered an increase in market share during April over March even as Jet AirwaysBSE -1.64 % (Jet Airways and Jet-Lite) and Air India lost market share during the month.
Industry executives, however, said that the market share did not change substantially. Vistara was bound to register an increase because it added flights. Similar was the case with AirAsia, they said, since the carrier launched flights from Delhi. Vistara doubled its market share during the month to 1.1% from 0.5% in March.
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NEW DELHI: Flight services to Kathmandu from India were disrupted for a brief period today, following closure of the runway
there for a brief period due to a powerful earthquake that hit Nepal.
A Jet Airways flight from Mumbai for Kathmandu was diverted to Lucknow while Air India’s second flight from the national
capital was put on hold due to the airport closure for about two hours.
“Due to closure of Kathmandu airport immediately after the earthquake, Jet Airways flight 9W 266 from Mumbai to Kathmandu was diverted to Lucknow,” a Jet Airways spokesperson said.
After the airport was declared operational, the flight departed from Lucknow for its destination, Jet Airways said.
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MUMBAI: Consumers whose bank accounts have been fattened with annual paychecks should waste no time in making travel plans for the financial year started on Wednesday. Indian carriers including IndiGo, Go Air and Vistara have introduced fresh discounted fares for the summer, across routes.
Full-service carrier Vistara — the joint venture between Tata Sons and Vistara — was the latest one to join the fray, introducing a 20% discount on its premium economy and business class fares. The fares are valid for purchase until April 5 and for travel between April 1 and 30 June. The discounts, however, are valid only for bookings which include minimum two passengers and up to nine passengers.
IndiGo also introduced fares as low as Rs 1,345 valid on flights from Delhi to Mumbai, Goa, Pune Bengaluru, Chennai, Kolkata and Jaipur. Go Air also offered fares as low as Rs 1,850 between Bengaluru and Goa Rs 1,932 between Lucknow and New Delhi and Rs 2017 between Patna and Kolkata.
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The civil aviation ministry has proposed a new set of guidelines for allowing domestic airlines to go fly abroad, replacing
the existing rule under which applicants must first operate locally for five years and have a fleet of 20 planes. Under the
new system, newcomers must first earn a certain number of credit points, or domestic flying credits (DFCs), before they can
go abroad. These DFCs accrue on the basis of distance flown, capacity and load factors.
Flying to underserved sectors or by using smaller planes fetch bonus points. Airlines can also trade credit points. However,
the new players are not pleased.
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NEW DELHI: India’s airlines appear to have dropped their opposition to scrapping the current norms for operating international flights and have sought greater leniency in the proposed system of earning domestic flying credits to determine eligibility to fly overseas.
Resistance by Jet AirwaysBSE 2.24 %, Indi-Go, SpiceJetBSE 4.90 % and Air India to the removal of the eligibility norms to fly abroad seems to have died out.
None of them present at a meeting last Wednesday opposed the move to replace the minimum requirement of five years of operations and 20 aircraft, known as the 5/20 rule, sources who attended told ET.
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NEW DELHI: Vistara, a joint venture between Tata Sons and Singapore Airlines, on Sunday said its fleet size will be increased to 20 by 2018, from five at present. Phee Teik Yeoh, CEO, Vistara (Tata SIA) Airlines Ltd also said the aviation industry in India is facing challenges such as high fuel cost and a high tax regime. “By April, we will have six aircrafts and gradually increase to 9 by the end of this calendar year,” Yeoh said.
NEW DELHI: Five private carriers, including the grounded Kingfisher, had to pay dues worth over Rs 664 crore to the Airports Authority of India (AAI) at the end of December 2014, the government said today.
The four others are Jet Airways, SpiceJet, Indigo and GoAir.
In a written reply to the Rajya Sabha, Minister of State for Civil Aviation Mahesh Sharma said the five airlines were to pay dues worth Rs 664.33 crore to AAI at the end of December.
Out of the five, KingfisherBSE 4.84 % had the maximum dues to the tune of Rs 310 crore. It includes penal interest of over Rs 137 crore. The carrier, which stopped operations from October 2012, had no security deposit left with the AAI.