As the post title indicates, we’d like to introduce the Bangalore Aviation Airline Stock Average (BAASA), by our count, the first officially defined Airline Stock Index. The goal of this creation is to provide a measure of global airline financial performance, and investor sentiment about the global airline industry. In creating the index, we first…
The income tax department has frozen two of Kingfisher Airline’s bank accounts for alleged non-payment of dues. However the airline has clarified in a statement The IT department attached two of our bank accounts on May 24th which was not in accordance with the speaking order of the Hon’ble IT Appelate tribunal during the hearing.…
Airbus has delivered to national carrier Malaysia Airlines (MAS) the first of its ordered six Airbus A380 superjumbos. Malaysia Airlines becomes the eighth A380 carrier. The MAS A380 has 494 seats in a three class configuration with 8 seats in first class, 66 in business, and 420 in economy. The first class is in a…
Late last week, reports emerged that beleaguered Indian national carrier Air India, which is in the midst of a crippling strike by its international pilots union, was in discussions with Canadian airline Air Canada to lease out 5 of Air India’s Boeing 777-200LRs to the Toronto based airline. The news broke as Air India continues…
Virgin Atlantic shows off the first of its “face-lifted” Boeing 747-400’s G-VROM named ‘Barbarella’. The aircraft features the new Virgin cabin interiors and new in-flight entertainment (IFE) system.
Singapore Airline’s low cost carrier Scoot revealed its livery painted on its Boeing 777-200 registered 9V-OTA. What are your thoughts? Share your views via a comment. For more images visit Scoot’s Facebook page. Images courtesy Scoot.
MSN 5000 The first Airbus A350 XWB static airframe fuselage roll-out at the A350 Final Assembly Line in Toulouse, France.
The first Boeing 787 Dreamliner built at their new South Carolina facility, completed its first flight yesterday, even as its destined customer, national carrier, Air India, delayed taking delivery of its first 787 thanks to the on-going strike by its international pilots. Aircraft number 46, which is expected to become VT-ANI when it is delivered…
The image above shows the load factors at each of India’s airlines. Considering that Kingfisher has shrunk so much, it is surprising that their seat factor has not elevated past its pre-downsize levels. The image above shows on-time performance for April. Two interesting things to note about the data. First, Kingfisher’s OTP has come back…
When the Indian Pilots Guild, one of two pilot unions at national carrier Air India, began a strike around 2 weeks ago, it once again illustrated the deep fallacy of the employee situation at Air India. Coming on the heels of a $5.8 bailout package over 8 years offered by the Indian government, IPG’s industrial…
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