IndiGo to buy 50 ATR planes worth $1.3 billion
The Dollar Business Bureau IndiGo, India’s biggest airlines has decided to break its practice of maintaining a single type of aircraft fleet by entering into an agreement with Avions de Transport Regional (ATR) to buy nearly 50 72-600 ATR aircraft worth $1.3 billion. IndiGo is India’s budget carrier and has plans to tap into the recently announced government flying scheme UDAN (Ude Desh ka Aam Naagrik) . Though the carrier has never operated any other aircraft other than the fleet of Airbus 320’s, since it started operations in India, the marked diversion to buy 50 ATR’s, despite the company’s net profit dipping 25% proves the airlines willingness to participate and gain a major portion of the underserved and unserved little known airports in ...
Indias domestic air passenger traffic surges 16% in Feb
The Dollar Business Bureau Air passenger traffic of domestic carriers increased around 16% to 86.55 lakh in the month of February compared to the same period in the previous year, according to the data by Directorate General of Civil Aviation (DGCA). India’s domestic carriers together flew overall 86.55 lakh passengers in the month of February 2017 against the 74.76 lakh passengers in the same month of the previous year, witnessing a growth of 15.77%, the data said. Significantly, in the month of January, the air passenger traffic had increased 25.13% to 95.79 lakh. As per the data, low cost carrier IndiGo carried the maximum number of fliers in the given month at 34.19 lakh, whereas its rival SpiceJet ...
IndiGo to start 14 new flights from May 2016
The Dollar Business Bureau IndiGo, a low-cost carrier, is going to add a fleet of new aircrafts to its network from May, to make its presence felt in the fastest growing aviation market in India. The domestic market rose by 25 percent in the year ending March 31, 2016, compared to the records of last year. The airliner, headquartered in Gurugram, will add 14 new flights on the domestic routes. This includes daily non-stop flights connecting Bengaluru to Ahmedabad, Bengaluru to Jaipur, Kolkata to Hyderabad and Chennai to Kochi from May 1. Besides, the carrier starts new non-stop flights from Jaipur to Bengaluru, Kochi to Chennai from May 2, on daily basis. From May 6, the airliner will also maximize the flight frequencies from ...
Domestic air travel increases during the month of March
The Dollar Business Bureau India’s aviation sector has continued to grow, with the total number of passengers travelling in the month of March increasing to 78.72 lakhs. The DGCA’s (Directorate General of Civil Aviation) data showed that domestic airliners carried over 78 lakh passengers in the month of March when compared to 74.76 lakh in February. The low-cost, Gurgaon based airliner Indigo led the way by carrying 85.03 lakh passengers in the Jan-Mar 2016 period. As a result the share of the company increased to 38.4% in March, as per the cumulative data released by the DGCA. Indigo was followed by the Mumbai based Jet Airways, that carried 41.94 lakh passengers, whose market share increased to 17.6%, followed by the national carrier ...
In talks with IndiGo, not SpiceJet, says Qatar Airways
Source: PTI Gulf carrier Qatar Airways today said it is in talks with IndiGo, the largest Indian airline by market share and set to rest speculations that it is looking for a partnership with SpiceJet. Qatar Airways' official confirmation that it was in discussions with IndiGo comes ahead of the nofrills carrier gearing up for an initial share sale worth nearly Rs 2,500 crore. Several times in the past also, the Doha-based airline has evinced interest in picking up stake in IndiGo. "Qatar Airways confirms that the only airline it is talking to is the Indian carrier IndiGo," it said. When contacted, IndiGo declined to comment on the matter. In the detailed statement, Qatar Airways completely denied reports that it was in talks for a ...
