The battered India airline companies received a lifeline from the government on October 31. The 5% Customs duty on Aviation Turbine Fuel (ATF) has removed. In addition the government controlled oil marketing companies have announced a price reduction of Rs. 6,000 per kilolitre on ATF. These two steps, will result in an about 17% reduction…
Press Trust of India reports, low cost carrier SpiceJet today reported a net loss of Rs 198 crore (INR 1.98 billion) for the second quarter ended September 30. The airline had posted a net loss of Rs 37.7 crore in the corresponding quarter of the previous financial year. Total income of the carrier stood at…
The Press Trust of India reports, the third runway of Indira Gandhi International Airport (IGIA), which was recently inaugurated, has been opened for round-the-clock operation from yesterday. The runway, which was inaugurated on August 21 this year by Civil Aviation Minister Praful Patel, was opened for commercial operations from September 25, 2008 but could not…
According to a Press Trust of India (PTI) report, Kolkata’s Howrah region is proposed to get a second airport in a bid to ease the passenger congestion at the existing Netaji Subhash Chandra Bose International Airport (NSCBIA). Speaking at a function in Howrah yesterday, Subhash Chakraborty, West Bengal Transport Minister said, “There has been a…
Jet Airways, today connected Bengaluru with New York (Newark and JFK) and Toronto, via its European hub in Brussels with four weekly flights – on Fridays, Saturdays, Sundays and Mondays respectively, till December 14, 2008. In keeping with the higher holiday season passenger traffic, Jet Airways will increase its frequency on the sector, operating daily…
GMR Hyderabad International Airport Limited (GHIAL) announced that it is all set for its maiden Haj operations from Rajiv Gandhi International Airport. GHIAL has provided all facilities at the new Haj Terminal for the convenience of the pilgrims this year. The facilities are meant for both the passengers and the visitors. The Saudia Airlines Airbus…
Customers can expect ‘business as usual’ with no immediate changes in operations Delta Air Lines, Inc. (NYSE: DAL) announced, it and Northwest Airlines, Inc. merged, creating a premier global airline with service to nearly all of the world’s major travel markets. The new airline, called Delta and headquartered in Atlanta, will begin its first day…
CompareSasta.com is the newest entrant in the online travel search market, and has started its service by offering a comprehensive real-time price information of flights and bus travel in India. CompareSasta.com is trying to be India’s leading price comparison website by enabling consumers to search, find, and compare a complete range of products and services…
The bad news continues to roll in for Indian aviation. Austrian Airlines announced that it will cease operating its service from Vienna to Mumbai (Bombay) from 1 March 2009 onwards. All international airlines choose Mumbai, the economic capital of India, while ignoring less competitive cities like Bangalore. As a result there is drastic overcapacity between…
According to the Centre for Asia Pacific Aviation, the International Air Transport Association (IATA) has announced global international traffic results for September, with passenger traffic declining 2.9%, compared to the same month in 2007. International load factors tumbled by 4.4% percentage points from August to 74.8% in September. Giovanni Bisignani, IATA’s Director General and CEO…
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