Airlines
Domestic air traffic registers annual growth of 64.61%
As per the data, nearly 1.03 crore passengers were carried by the domestic airlines in September as against 70.66 lakh during the same period last year. The passenger load factor or occupancy of the airlines remained on the higher side in the range of 75 to 85 per cent.
Singapore Airlines in discussions with Tatas over integration of Vistara, Air India
"SIA is currently in confidential discussions with Tata to explore a potential transaction in relation to the securities of Vistara and Air India Ltd, a subsidiary of Tata (the 'Potential Transaction'). The discussions seek to deepen the existing partnership between SIA and Tata, and may include a potential integration of Vistara and Air India," said the Singapore airline in a statement on Thursday.
Lufthansa takes 'U-turn,' allows AigTags on flights
The airline on Twitter confirmed that "these devices are allowed on Lufthansa flights". "The German Aviation Authorities (Luftfahrtbundesamt) confirmed today, that they share our risk assessment, that tracking devices with very low battery and transmission power in checked luggage do not pose a safety risk. With that these devices are allowed on Lufthansa flights," the airline tweeted.
Qatar Airways and British Airways complete expansion of airline joint business
Customers will now benefit from even greater choices in prices and schedules with options for direct flights as well as connections via hubs in London and Doha. This is all part of Qatar Airways and British Airways' plan to "Move Further Together" by enhancing the joint network and providing passengers with the best of both airlines.
No cap on airfare from now, air ticket prices may go up during festive season
However, experts said that high competition among the airlines may lead to benefits for fliers and many airlines may offer discounts as per the demands. Aviation expert Harshvardhan said: "The move will give flexibility to the airlines in deciding air fares and airlines can charge as per their policies. Airfare cap was more towards the higher side. New airline has come and there is competition in the sector.
Spicejet reports net loss of Rs 789 crore in Q1FY2023
The airline's total revenue for the reported quarter was Rs 2,478 crore as against Rs 1,266 crore in the same quarter of the previous year. For the same comparative period, operating expenses were Rs 3,267 crore as against Rs 1,995 crore. On an EBITDA basis, loss was Rs 379 crore for the reported quarter as against a loss of Rs 244 crore for the quarter last year.
Virgin Atlantic, IndiGo announce new codeshare agreement
The codeshare partnership will mean customers booking a Virgin Atlantic ticket will be able to fly on the airline's flights from London's Heathrow to Delhi and Mumbai and connect to and fro to seven additional cities in India. Later this year the agreement will be expanded to cover a total of 16 destinations throughout India, as well as connections onto Virgin Atlantic's extensive US network operated via London Heathrow. The agreement will allow Virgin Atlantic to sell seats to passengers connecting onto IndiGo flights.
Indian aviation under-penetrated compared to China, near peers like Indonesia: Report
The report on 'Civil Aviation: The Roadmap for Robust Growth Over Next Decade' observed that this is largely a function of relatively lower income levels compared to China and Indonesia. However, the Indian market harbours immense potential, considering rising income levels and its vast population, it said. It said that the Chinese aviation market grew four times between 2007 and 2022 as income levels rose and the Indian market is poised for a similarly impressive growth.
Qantas issues apology, refunds to millions of customers amid disruptions
"On behalf of the national carrier, I want to apologise and assure you that we're working hard to get back to our best," Qantas CEO Alan Joyce said statement. Joyce has been under intense scrutiny as the airline has suffered severe worker shortages, mass cancellations and delays of flights, and misdirected luggage, reports Xinhua news agency.
Number of domestic air passengers in July dips to 97.05 lakh
According to the DGCA data, the number of passengers carried by domestic airlines during the January-July 2022 period were 669.54 lakh as against 393.44 lakhs during the corresponding period of in 2021, thereby registering an annual growth of 70.18 per cent and monthly growth of 93.82 per cent. The passenger load factor or occupancy of airlines remained in the range of 75 per cent to 85 per cent in July.
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