Deepak Patel

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Airfares to rise as IndiGo brings back fuel charge

Airfares to rise as IndiGo brings back fuel charge

Rediff.com6 Oct 2023

Airfares in the country are set to rise, with IndiGo on Thursday introducing a fuel charge of up to Rs 1,000 based on a flight's distance, in response to the significant rise in aviation turbine fuel (ATF) prices in the last three months. The Indian aviation sector experiences its peak travel season between October and December. The inclusion of a fuel charge component in airfares is anticipated to have a sizable impact on IndiGo's passengers, according to experts.

Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others

Pilot exodus: Akasa stops flights on 8 routes, reduces service on 10 others

Rediff.com5 Oct 2023

Akasa Air has reduced its service on 10 routes and stopped operating flights on eight others since the exodus of pilots began in early July. The airline's flights per week reduced from 945 in June to 754 in October, according to aviation analytics firm Cirium's data, which has been reviewed by Business Standard. The airline currently operates flights on 34 routes. Between June and October, Akasa Air ceased operations on the following: Ahmedabad-Kochi, Ahmedabad-Hyderabad, Ahmedabad-Pune, Bengaluru-Hyderabad, Bengaluru-Chennai, Kochi-Hyderabad, Goa-Lucknow, and Goa-Hyderabad.

Rise In Drunk Staff At Airports

Rise In Drunk Staff At Airports

Rediff.com3 Oct 2023

189 people working at 59 Indian airports were found drunk on duty in the first half of this year, marking a 32 per cent year-on-year increase.

Compare IndiGo with global, not local carriers: CEO Elbers

Compare IndiGo with global, not local carriers: CEO Elbers

Rediff.com27 Sep 2023

IndiGo's size should be compared with global carriers, and not other domestic airlines, chief executive officer Pieter Elbers said on Tuesday, adding that such benchmarking will help India transform its airports into aviation hubs. Elbers flagged the tendency to scrutinise domestic competition, assess fares on domestic routes, and determine if they are high. "But if we want to build some hubs, we should have a broader look," he said during a panel discussion at a convention organised by All India Management Association (AIMA).

Global aviation leasing body downgrades India in light of Go First case

Global aviation leasing body downgrades India in light of Go First case

Rediff.com26 Sep 2023

Aviation Working Group (AWG), a global aviation leasing body comprising major planemakers and lessors, on Monday further downgraded India as lessors have not been able to repossess their planes from Go First more than four months after the airline filed for insolvency. The leasing cost stands as a prominent expense for Indian airlines. With AWG's downgrade, it is likely that lessors will increase the aircraft leasing rates for Indian carriers.

33 pilots, 97 cabin-crew members found drunk on duty in H1 of 2023: DGCA

33 pilots, 97 cabin-crew members found drunk on duty in H1 of 2023: DGCA

Rediff.com18 Sep 2023

In the first half of this year, 33 pilots and 97 cabin-crew members failed their compulsory alcohol tests, which are conducted either before or after flights, according to data from the Directorate General of Civil Aviation (DGCA). In contrast, in the first half of 2022, the DGCA data recorded only 14 pilots and 54 cabin-crew members being identified as intoxicated while on duty. This data has been reviewed by Business Standard. As per the DGCA rules, pilots and cabin-crew members have to undergo pre-flight breath-analyzer tests.

Why Were Flights On G20 Days Cancelled Last Minute?

Why Were Flights On G20 Days Cancelled Last Minute?

Rediff.com5 Sep 2023

'This kind of a last minute order creates immense problems for airlines.'

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Maruti to issue preferential equity shares to Suzuki to buy Gujarat plant

Rediff.com9 Aug 2023

Maruti Suzuki India (MSIL) will issue equity shares on a preferential basis to parent Suzuki Motor Corporation (SMC) to acquire 100 per cent stake in the latter's Gujarat plant. This deal is expected to increase the share base of MSIL by about 4 per cent. And consequently, it will raise SMC's shareholding in Maruti by around 1.8 percentage point. "Whether it is in terms of PAT (profit after tax) or earnings per share (EPS) or dividend per share (DPS) of MSIL, the share-swap option will give shareholders a better deal than any other option such as cash payment," MSIL chairman RC Bhargava told reporters during a press conference.

Govt takes multiple steps to tackle festival-season rush at major airports

Govt takes multiple steps to tackle festival-season rush at major airports

Rediff.com4 Aug 2023

Deploying additional Central Industrial Security Force (CISF) personnel, providing real-time updates through social media, adding more immigration counters and ensuring 100 per cent manning of immigration counters - these are some of the steps that the Ministry of Civil Aviation (MoCA) is now taking in coordination with other stakeholders to avoid congestion at major airports during the upcoming festival season. During the last year's festival and winter season, major airports in the country suffered from congestion due to lack of sufficient airport infrastructure, inadequate X-ray screening machines, bunching of flights at peak hours, as well as inadequate CISF and immigration personnel, the MoCA stated on Thursday. Civil Aviation Minister Jyotiraditya Scindia, after last year's congestion issue, had asked major airports - including Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata and Chennai - to identify bottlenecks and augment capacity to meet the growing passenger demand.

Confused over UV definition, car companies await govt notification on cess

Confused over UV definition, car companies await govt notification on cess

Rediff.com20 Jul 2023

http://im.rediff.com/money/2023/jul/20uv.jpg

Does No One Want To Visit The Taj Anymore?

Does No One Want To Visit The Taj Anymore?

Rediff.com5 Jul 2023

'Rather than visiting famous monuments, travellers now prefer "experiential activities" such as biking, trekking/hiking, camping, river rafting, yachting, parasailing and zip lining; safaris and jungle adventures; and wellness holidays to rejuvenate themselves.'

Is it the best time for Airbus, Boeing to plan India factories?

Is it the best time for Airbus, Boeing to plan India factories?

Rediff.com22 Jun 2023

'The time is ripe' for Airbus and Boeing to look at India in terms of setting up facilities to manufacture commercial aircraft, Aviation Minister Jyotiraditya Scindia said on Tuesday. His comments came a day after IndiGo placed the world's largest-ever single-tranche plane order with Airbus. Air India had in February placed an order for 470 aircraft - 250 with Airbus and 220 with Boeing - which would be a mix of narrow-body and wide-body planes.

How AIIMS Plans To Battle Cyberattacks

How AIIMS Plans To Battle Cyberattacks

Rediff.com20 Jun 2023

The second cyber attack on AIIMS took place just last fortnight, but the hospital's cyber security systems were able to successfully thwart this attempt.

With 'Invicto', Maruti set to drive into Rs 20+ lakh segment for first time

With 'Invicto', Maruti set to drive into Rs 20+ lakh segment for first time

Rediff.com14 Jun 2023

Maruti Suzuki is set to launch a new multi-purpose vehicle (MPV) -- Invicto -- next month. It will be the company's first passenger vehicle with an ex-showroom price tag of Rs 20 lakh or more, said Shashank Srivastava, executive director (sales), on Tuesday. The upcoming MPV will compete with the likes of Toyota Innova Hycross, Kia Carnival, Hyundai Alcazar, MG Hector Plus, Tata Safari, Mahindra & Mahindra XUV700, and Mahindra & Mahindra Scorpio-N - all having three rows of seats. Invicto will be based on the Hycross by Toyota, which will manufacture Maruti's most expensive car at its Bidadi plant in Karnataka.

Air India to Spend $400 Million On...

Air India to Spend $400 Million On...

Rediff.com12 Jun 2023

... changing seats and in-flight entertainment on its older aircraft.

Auto companies post record PV sales in May

Auto companies post record PV sales in May

Rediff.com9 Jun 2023

The previous May peak was observed in 2018 when the domestic PV wholesales stood at 301,238 units.

Quickly provide engines for grounded fleet: IndiGo to Pratt & Whitney

Quickly provide engines for grounded fleet: IndiGo to Pratt & Whitney

Rediff.com25 May 2023

Low-cost carrier IndiGo has asked American aerospace manufacturer Pratt & Whitney (PW) to quickly provide engines for the airline to press its grounded planes back into service, sources said on Wednesday. The airline wants to increase its domestic frequency to fill the supply-side void created after Go First's exit, they added. Go First stopped operating flights from May 3 after filing an insolvency application with the National Company Law Tribunal.

Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

Rediff.com22 May 2023

The semiconductor chip supply for the electric two-wheeler industry has normalised but the prices are up by nearly 50 per cent compared to pre-pandemic period, said Eric Vas, president, Urbanite, the electric vehicle (EV) business of Bajaj Auto. "It (the supply) has improved greatly. It has pretty much normalised. The problem is the cost. "The costs remain very high. Hopefully, the costs will start correcting themselves over this fiscal year," he said in an interview with Business Standard.

Akasa Air's occupancy soars at fastest pace among peers in April

Akasa Air's occupancy soars at fastest pace among peers in April

Rediff.com10 May 2023

Akasa Air's plane occupancy, or load factor, improved the most among all major carriers in April compared to the last month. Load factor signifies the percentage of seats that the airline has been able to fill in its planes. The Vinay Dube-led carrier, which started commercial flights in August last year, saw its load factor jump by more than 11 per cent in April, according to the Ministry of Civil Aviation's data

Cars With The Highest Waiting Period

Cars With The Highest Waiting Period

Rediff.com9 May 2023

Only five of India's top 20 car models have seen a reduction in wait times over the past year.

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