News

With competition sputtering, Indian skies head for Air India-IndiGo duopoly After decades of turbulence in the sector with many private players shutting down, the Indian airlines sector seems to be moving towards stability and a sort of duopoly. The Tata group which acquired the government owned Air India will merge its two other airlines -- Vistara and AirAsia -- with the former. As of now the combined market share of the three airlines is 25.1 per cent (Air India 9 per cent, Vistara 8.8 per cent and Air Asia 7.3 per cent). Post merger and with fleet expa...
With competition sputtering, Indian skies head for Air India-IndiGo duopoly
With competition sputtering, Indian skies head for Air India-IndiGo duopoly
Source: IANS
21/05/2023 1:13:57 PM
Air India moves forward on integration of two low-cost subsidiary airlines  Moving forward on integration of its two low-cost subsidiary airlines, Air India Express and AirAsia India, the Air India Group on Tuesday announced a single, unified reservations system and website. This system merger comes five months after AirAsia India was fully acquired and subsidiarised under Air India, and three months after both AirAsia India and Air India Express were placed under a single CEO. In the coming months, the airlines will continue integrating other internal sy...
Air India moves forward on integration of two low-cost subsidiary airlines
Air India moves forward on integration of two low-cost subsidiary airlines
Source: IANS
29/03/2023 9:05:38 AM
Aloke Singh to be chief of Air India`s Low Cost Carrier business The Air India management has appointed Air India Express CEO Aloke Singh as the chief of Air India's low-cost airline business from January 1, 2023. The Low Cost Carrier (LCC) business will consist of AirAsia India and Air India Express. Earlier, last month, Air India signed agreements to complete the acquisition of 100 per cent shareholding in AirAsia India (AAI) and to subsidiarise it under Air India. As per an internal communication, Air India CEO and Managing Director Campbell W...
Aloke Singh to be chief of Air India`s Low Cost Carrier business
Aloke Singh to be chief of Air India`s Low Cost Carrier business
Source: IANS
23/12/2022 9:43:10 AM
India`s domestic passenger traffic surges 11.06% to 116 lakh in November: DGCA The Directorate General of Civil Aviation (DGCA) in its latest data has said India's domestic passenger traffic rose 11.06 per cent to 116 lakh in November 2022 over the year-ago period. In November 2021, the air passenger traffic stood at 105.16 lakh. After being severely hit by the coronavirus pandemic, the country's civil aviation sector is on the recovery path and in recent days, daily domestic air traffic on an average is more than 4 lakh. Further, it stated in November, no-fr...
India`s domestic passenger traffic surges 11.06% to 116 lakh in November: DGCA
India`s domestic passenger traffic surges 11.06% to 116 lakh in November: DGCA
Source: Accord Fintech
20/12/2022 12:37:43 PM
Malaysia`s air passenger traffic to grow by max 52% on year in 2023 The Malaysian Aviation Commission (MAVCOM) on Monday said that it expects the country's air passenger traffic in 2023 to increase by between 40 per cent and 52 per cent year on year, which means between 74.6 million and 80.8 million passengers. MAVCOM said in its industry report that it expects the international passenger traffic to experience significant recovery, with routes to key markets gradually being restored beginning the fourth quarter of 2022, reports Xinhua news agency. A...
Malaysia`s air passenger traffic to grow by max 52% on year in 2023
Malaysia`s air passenger traffic to grow by max 52% on year in 2023
Source: IANS
19/12/2022 3:48:46 PM
Air India close to signing deal for 150 Boeing 737 Max jets - ET Air India is close to signing an order with Boeing Co to acquire up to 150 737 Max jets, the Economic Times newspaper reported on Saturday, citing sources. The Tata Group-owned Indian carrier will likely place a firm order for 50 737 Max planes with an option to pick up as many as 150, the ET report said. Industry sources had said in July that Air India was moving closer to a decision on a mega order worth $50 billion at list prices to be split between Airbus and Boeing, which included ...
Air India close to signing deal for 150 Boeing 737 Max jets - ET
Air India close to signing deal for 150 Boeing 737 Max jets - ET
Source: Reuters
10/12/2022 10:17:22 AM
AirAsia India flyers can now avail high-res digital content AirAsia India flyers can now enjoy high resolution digital content including movies, web series and news articles after the arline on Tuesday announced a partnership with Hyperlocal Cloud platform Sugarbox, to launch a first-of-its-kind in-flight experience hub. 'AirFlix', an innovative solution for digital access in the skies, is available across the airline's fleet. Offering a value proposition unique to Indian skies, it provides over 6,000 hours of high-resolution content...
AirAsia India flyers can now avail high-res digital content
AirAsia India flyers can now avail high-res digital content
Source: IANS
22/11/2022 3:34:03 PM
Air India signs agreements to acquire AirAsia India, will merge with Air India Express Air India on Wednesday announced that it has signed agreements to complete the acquisition of 100 per cent shareholding in AirAsia India (AAI) and to subsidiarise it under Air India. An operational review process is underway with a view to ultimately integrating AAI fully with Air India Express (AIXL). Consolidation of these two airlines, both of which operate as low-cost carriers, will be undertaken as part of the restructuring roadmap that is being envisioned for the Tata Group's air...
Air India signs agreements to acquire AirAsia India, will merge with Air India Express
Air India signs agreements to acquire AirAsia India, will merge with Air India Express
Source: IANS
3/11/2022 9:18:15 AM
AirAsia India to commence 21 weekly direct flights AirAsia India will commence 21 weekly direct flights connecting Delhi to Bhubaneswar and Bengaluru to Jaipur, from October 30 as part of its winter schedule. The launch of these routes is in line with AirAsia India's aim to bolster connectivity and consistently provide secure and streamlined operations for guests. The airline recently expanded its presence to Lucknow, and is now operating 112 weekly direct flights connecting Bengaluru, Goa, Delhi, Kolkata and Mumbai. AirAsia Indi...
AirAsia India to commence 21 weekly direct flights
AirAsia India to commence 21 weekly direct flights
Source: IANS
29/10/2022 9:56:07 AM
AirAsia commemorates 90th anniversary of JRD Tata's first commercial flight  AirAsia India is celebrating the 90th anniversary of JRD Tata's first commercial flight by hosting a series of digital, on ground, and in-flight engagement activities. JRD Tata An ardent aviator, Jwas the longest-serving chairman of the Tata group and is regarded as the father of civil aviation in India. In addition to being a recipient of the Bharat Ratna, he was also conferred the rank of honorary Air Vice Marshal of the Indian Air Force. JRD Tata piloted the inaugural fligh...
AirAsia commemorates 90th anniversary of JRD Tata's first commercial flight
AirAsia commemorates 90th anniversary of JRD Tata's first commercial flight
Source: IANS
15/10/2022 1:30:30 PM
Malaysian airline to resume flights to more Australian capital cities Malaysian airline AirAsia has announced that it would recommence flights to several Australian capital cities and Nc later this year for the first time since the Covid pandemic hit. AirAsia X, which is the long-haul arm of the budget airline, will fly from the Malaysian capital of Kuala Lumpur to Melbourne and Perth from November 1, Xinhua news agency reported. The airline, which has already restarted flights from Kuala Lumpur to Sydney, will also offer flights from New Zealand's ca...
Malaysian airline to resume flights to more Australian capital cities
Malaysian airline to resume flights to more Australian capital cities
Source: IANS
19/07/2022 10:13:55 AM
'Fare Offensive': Airlines launch special offers to attract passengers  Domestic airlines on Monday launched attractive sales offers to lure passengers during the holiday season, even as rising Covid infections have caused apprehensions amongst the general public. However, an overwhelming number of people are expected to travel during this New Year travel period. SpiceJet and AirAsia India have launched special offers. SpiceJet launched the sale offers of one-way fares starting for as low as Rs 1,122 (all inclusive) on destinations such as Chennai-...
'Fare Offensive': Airlines launch special offers to attract passengers
'Fare Offensive': Airlines launch special offers to attract passengers
Source: IANS
28/12/2021 9:30:52 AM
AirAsia India expects full-traffic recovery in 2022 sans 3rd Covid wave Tata Sons-backed AirAsia India expects full passenger traffic as well as capacity recovery in 2022 sans a third Covid wave triggered via the Omicron variant. In a conversation with IANS, Ankur Garg, Chief Commercial Officer, AirAsia India cited that overall airline industry is operating at 83 per cent pre-Covid levels and the traffic has been recovering at a fast rate. "Festive period beginning October saw a significant bounce back in passenger traffic which is continuing till the ...
AirAsia India expects full-traffic recovery in 2022 sans 3rd Covid wave
AirAsia India expects full-traffic recovery in 2022 sans 3rd Covid wave
Source: IANS
23/12/2021 5:52:50 PM
AirAsia India resumes inflight F&B on all flights Budget airline AirAsia India on Saturday said that it has resumed inflight food and beverage service across all its routes. The move, it said was is in line with relaxations in the regulatory guidelines issued on November 16, which had restricted meal service on flights less than 2 hours. "Guests can choose to pre-book their meals from a wide range of veg, non-veg and vegan hot meals and sandwiches or purchase light bites, hot and cold beverages and ready-to-eat meals inflight on f...
AirAsia India resumes inflight F&B on all flights
AirAsia India resumes inflight F&B on all flights
Source: IANS
21/11/2021 9:34:58 AM
Potential A321neo freighter may not be part of AirAsia’s cargo plan - logistics exec KUALA LUMPUR - AirAsia Group Bhd's logistics arm Teleport is aiming to expand its fleet of cargo planes but that may not involve tapping into its parent's large order for Airbus SE A321neos, Teleport's chief executive said on Monday. In an interview with Reuters, Pete Chareonwongsak backed away from comments he made last week that Teleport would look to convert a "meaningful chunk" of AirAsia's orders for 362 A321neo passenger planes to a potential newly buil...
Potential A321neo freighter may not be part of AirAsia’s cargo plan - logistics exec
Potential A321neo freighter may not be part of AirAsia’s cargo plan - logistics exec
Source: Reuters
8/11/2021 3:32:03 PM
Winging abroad: AirAsia India expected to soon get international flying permit With AirAsia India getting close to obtaining international flying rights, conglomerate Tata Sons, will in the near future, have four airlines with permits for overseas operations. At present, only Vistara operates on international routes. The development assumes significance since Tata Sons' subsidiary Talace is expected to soon acquire Air India and Air India Express after conclusion of the share purchase agreement (SPA) with the Centre. Both Air India and Air India Express ope...
Winging abroad: AirAsia India expected to soon get international flying permit
Winging abroad: AirAsia India expected to soon get international flying permit
Source: IANS
22/10/2021 5:20:24 PM
Key News - FMCG, Bharti Airtel Ltd, Jindal Steel & Power Ltd, The National Company Law Appellate Tribunal, AirAsia Ltd By ARETE Securities Key News FMCG firm Procter & Gamble Q4 net profit down 29% to Rs 49 crore FMCG firm Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported a 29.2 per cent decline in its net profit at Rs 48.98 crore for the quarter ended June 2021. The company, which follows the July-June financial year, had posted a net profit of Rs 69.21 crore in the corresponding period of the previous fiscal, it said in a regulatory filing. However, revenue from operations rose 23.96 per cent to ...
Key News - FMCG, Bharti Airtel Ltd, Jindal Steel & Power Ltd, The National Company Law Appellate Tribunal, AirAsia Ltd By ARETE Securities
Key News - FMCG, Bharti Airtel Ltd, Jindal Steel & Power Ltd, The National Company Law Appellate Tribunal, AirAsia Ltd By ARETE Securities
Source: ARETE Securities Ltd
26/08/2021 8:45:58 AM
AirAsia India launches flash sale till March 2022 Budget airline AirAsia India on Thursday announced a flash sale on routes across India with fares starting at Rs 914 (one-way inclusive of taxes). "Special sale fares are open for advance booking from 4th August till 6th August for travel from 1st September 2021 till 26th March 2022," the airline said. As per the airline, the sale was launched in keeping with the findings from the latest 'AirAsia India Travel Intent Survey' including respondents in July 2021, which saw...
AirAsia India launches flash sale till March 2022
AirAsia India launches flash sale till March 2022
Source: IANS
5/08/2021 3:34:22 PM
AirAsia India operates 9 flights with fully vaccinated crew Passenger carrier AirAsia India has operated nine flights with fully vaccinated crew including cabin crew and pilots. According to the airline, the flights were operated on Friday. "The sectors flown by fully vaccinated crew included Bengaluru-Kolkata, Kolkata-Bengaluru, Bengaluru-Chennai, Chennai-Guwahati, Guwahati-Bengaluru, Bengaluru-Pune, Pune-Jaipur, Jaipur-Pune and Pune-Bengaluru," the airline said in a statement. "The operating crew members on these sectors are ...
AirAsia India operates 9 flights with fully vaccinated crew
AirAsia India operates 9 flights with fully vaccinated crew
Source: IANS
20/06/2021 8:56:34 AM
AirAsia has grounded around 90% of fleet amid COVID-19 surge - executive AirAsia Group Bhd has grounded around 90% of its fleet of more than 200 planes across Asia due to resurgence of COVID-19 outbreaks, an executive at its Malaysia unit said on Wednesday. Malaysia, its largest market with 105 planes, is currently under lockdown. AirAsia Malaysia expects demand could start to rebound from August, allowing it to restore service to all 17 of the domestic airports it serves by October, Chief Operating Officer Javed Anwar Malik said at a CAPA Centre for Aviatio...
AirAsia has grounded around 90% of fleet amid COVID-19 surge - executive
AirAsia has grounded around 90% of fleet amid COVID-19 surge - executive
Source: Reuters
9/06/2021 1:55:34 PM
After 1st Covid jabs, AirAsia India`s crew get ready for bio-safe ops Having 96 per cent of its eligible frontline workforce already inoculated with first jab, AirAsia India is set to conduct complete bio-safe operations.   According to AirAsia India's MD & CEO Sunil Bhaskaran, the airline's inoculation drive was completed just days ago.   "By the end of May we covered 96 per cent of our workforce, excluding those ineligible for medical reasons, such as those recovering from Covid in the recent past," Bhaskaran told I...
After 1st Covid jabs, AirAsia India`s crew get ready for bio-safe ops
After 1st Covid jabs, AirAsia India`s crew get ready for bio-safe ops
Source: IANS
2/06/2021 4:34:26 PM
AirAsia Group to raise up to $113 million via private placement AirAsia Group plans to undertake a private placement to raise up to 454.5 million ringgit ($113 million) to address immediate and near-term cash flow requirements, the Malaysian budget airline group said on Thursday. The struggling airline, which reported a fifth straight quarterly loss in November as the pandemic took its toll on travel, has been seeking to raise 2.5 billion ringgit from loans and investors. The proposed exercise announced on Thursday entails issuance of up to 20% of i...
AirAsia Group to raise up to $113 million via private placement
AirAsia Group to raise up to $113 million via private placement
Source: Reuters
22/01/2021 9:43:57 AM