With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.
Tag: IndiGo
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India’s air traffic up by 2.33%, IndiGo top carrier
Registering a growth of 2.33 per cent, Indian domestic airlines flew 51.37 lakh passengers in November this year, against 50.20 lakh passengers carried in the same period last year, says data released by the Directorate General of Civil Aviation.
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India’s air traffic up by 2.33%, IndiGo top carrier
Registering a growth of 2.33 per cent, Indian domestic airlines flew 51.37 lakh passengers in November this year, against 50.20 lakh passengers carried in the same period last year, says data released by the Directorate General of Civil Aviation.
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More Indian flights to Middle East, SE Asia
The Union Civil Aviation Ministry has allowed SpiceJet, IndiGo, Jet Airways and other Indian carriers to increase their number of flights to to the Middle East and South East Asia destinations. SpiceJet has huge international expansion plans.
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Govt to put checks on airfare pricing
On its policy of unbundling airfares, the Union government is planning to prescribe dos and don'ts to the airlines, which allows separate charges for preferred seats, extra baggage, meals-on-board and other such services. In its present shape, the policy has left both airlines and passengers dissatisfied. While airlines, which were hopeful of an additional revenue stream with unbundled fares, are complaining of government interference, passengers, on the other hand, think it is just a way of fle
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IndiGo becomes India’s lead carrier with 30% market share
As per the data of Directorate General of Civil Aviation (DGCA), budget airline IndiGo has widened its lead over rivals. IndiGo touched a 29.8 per cent market share, the highest since its 2006 launch. Jet Airways (India), which used to be market leader for many years together with subsidiary Jet Konnect, was second at 22.6 per cent.
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AirAsia’s entry: Local carriers will have to change strategy
India's low-cost carriers such as SpiceJet and IndiGo are certain to face challenges with the entry of AirAsia and other foreign partners. AirAsia's foray comes at a time the airline industry is in turmoil with passenger traffic sliding. The number of passengers in fact shrunk 7.3 per cent in November on a year-on-year.
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India’s no-frill carriers plan buying smaller aircraft
India's no-frill carriers have started thinking of buying smaller aircraft with IndiGo even evaluating launching a regional subsidiary. The move follows the government focusing more on improving regional connectivity, a leading aviation consultancy firm has said. IndiGo is also evaluating the possibility of placing an ATR (turboprop aircraft) order to establish a regional subsidiary, the Centre for Asia Pacific Aviation (CAPA) said in a latest report.
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IndiGo launches 8 new flights from March
Low cost carrier IndiGo has launched eight new flights on its domestic network from March 1. The carrier will now operate its fifth daily and direct flight between Delhi and Chennai and second daily and direct flight between Delhi and Kochi. Additionally, the airline will operate its fourth daily and direct flight between Mumbai and Chennai and fourth daily and direct flight between Mumbai and Kolkata.
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Airbus upbeat on India demand
In the face of financial woes creeping across its airline sector, Airbus is sticking to upbeat forecasts for aircraft demand in India. The European planemaker recently said in Singapore that there is a lot of growth. The Indian aviation industry lost a combined $2 billion last year and all but unlisted IndiGo - an Airbus customer - lost money, complaining of high taxes on jet fuel, expensive airports and subsidies to state carrier Air India.