Domestic passenger traffic up 22.8% in August: DGCA
In market share, IndiGo tops the chart at 63.3% in August, followed by Air India at 9.8%
In market share, IndiGo tops the chart at 63.3% in August, followed by Air India at 9.8%
With Go First halting operations on May 2, IndiGo's market share grew significantly from 55.4% in April to 61.3% in May.
AirAsia India, renamed AIX Connect in December 2022, is currently flying with a fleet of 28 A320 planes.
Tata Group chairman N Chandrasekaran says Air India will turn profitable.
On January 27 last year, the soft-to-software conglomerate took over the management and control of Air India from the government, after 69 years.
Singapore Airlines owns a 49% stake in Tata SIA Airlines, which operates Vistara, while Tata Group holds the remaining 51% shares in the carrier.
The Centre’s decision will give airlines collateral-free liquidity at reasonable interest rates to tide over present cash flow issues.
Gen. V. K. Singh (retd) says 8 accidents involving Air India Express, SpiceJet, IndiGo, and Vistara were reported from 2019 to July 22, 2022
A decision has also been taken to let Vistara function independently for now.
Setting up an airline in a downturn may make sense but getting an airline up and running in India is likely to be easier said than done. Here’s why.