by Vinay Bhaskara and Devesh Agarwal Earlier this month, defunct Indian carrier Kingfisher Airlines, which has been grounded since 20th October, 2012 when the Indian regulator, the Directorate General of Civil Aviation (DGCA) suspended its flying license, filed its annual report for fiscal year 2012-2013. Instead of focusing on finding a way to pay off…
by Vinay Bhaskara A report in Ch-Aviation is stating that proposed domestic start-up Zexus Air, to be based at Delhi, is planning to acquire four Embraer E175LR regional jet aircraft (with manufacturer serial numbers [MSNs] 17000277, 17000287, 17000291, and 17000309), as per its application with India’s Directorate General of Civil Aviation (DGCA) for an air operator…
by Devesh Agarwal The consortium of banks which lent vast sums of money to Vijay Mallya promoted Kingfisher Airlines seem to be making a mockery and charade of recovering almost Rs. 7,000 Crore worth of loans from the airline and its guarantors. The question is why? As per a Mint report, SBI, the leader of…
Based on a report in The Economic Times we have prepared this infographic showing the airlines’ market share of international passenger traffic to and from India during fiscal 2011~2012. The chart throws up some surprises. SriLankan Airlines and Oman Air feature on this list, but Singapore Airlines does not. Hard to accept? and where is…
by Devesh Agarwal As banks move to recall their loans to Kingfisher Airlines, below is an infographic showing the exposure of various banks to the airline. Click on the image for a larger view. You can also download the graphic, by right clicking once you click on the image.
by Vinay Bhaskara Computer rendering of A380 in Kingfisher Airlines liveryImage Courtesy of Malaysia Flying Herald At its recent annual results conference, European aerospace manufacturer Airbus released a bit of shocking information. Apparently, the ill-fated order for five Airbus A380s by now-defunct (though perpetually on the verge of “re-starting” in the eyes of chairman Vijay…
by Vinay Bhaskara As promised, here is the second part of Indian Aviation’s 2012 review, with an airline by airline analysis of the events in 2012. Air India 2012 was another banner year in Air India’s agonizingly slow death spiral. Whether it was yet more labor turmoil related to the still not completed merger with…
by Devesh Agarwal Two days ago, two Times of India group newspapers, The Bangalore Mirror and The Economic Times reported UAE national carrier Etihad buying a 48% in financially disabled and grounded Indian carrier Kingfisher Airlines. The Bangalore Mirror may be a tabloid, but The Economic Times is no slouch when it comes to financial…
In the Google Maps photograph below, you can see the storage yard, some may say, graveyard, of the Airbus fleet of Kingfisher Airlines at Mumbai airport. View Larger Map This parking area is at the 14 end of runway 32-14 next to the Kalina hangars of Air India. From the top you can see an…
Earlier this week, Indian low cost carrier SpiceJet posted a Rs. 163.5 Crore net loss for the second quarter of fiscal year 2012-13. While this represented a 32% better result than the same period last year, it is still a heavily disappointing result, giving the recent surge in the fortunes of India’s airlines after the…
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