In sync with a slowing economy, the decline in air passenger traffic in India continued for the seventh consecutive month in January, hitting the private airports hard. Read the rest of this entry »
US aircraft maker Boeing Co will deliver 100 planes worth $17 billion over the next four to five years to Indian airlines, and will have to compensate some for the late delivery of 787 Dreamliners, the president of its Indian operations said. Read the rest of this entry »
According to The Telegraph, Calcutta; students, who aimed to work in India’s aviation sector are settling for jobs in the hospitality industry. Read the rest of this entry »
From Dallas Fort Worth in the US to Brisbane in Australia and from Copenhagen in Europe to Guangzhou in China, airports around the world where no Indian carriers operate, at present, are rolling out the red carpet to welcome airlines from the country. Read the rest of this entry »
Flag carrier Air India on Thursday said it has received an e-mail threatening to blow up Mumbai’s Chhatrapati Shivaji International Airport (CSIA). Read the rest of this entry »
India’s air transport sector will see a capacity increase of 0.7% in 2009 though the global aviation sector will incur a loss of nearly $5 billion, IATA said. Read the rest of this entry »
A continuing slump in global demand coupled with steep fall in premium passenger traffic has hit the global aviation sector to such an extent that even with a steep fall in Oil prices, the industry revised its downward forecast to a whopping $4.7 billion from an earlier loss-forecast of $2.5 billion in December 2008. Read the rest of this entry »
Recently, the Malaysian low-cost airline Air Asia jolted the Kuala Lumpur International Airport authorities by declaring its intention to build an airport for its exclusive use in the city. The reason? To cut down on the sizeable airport charges it ends up paying. Read the rest of this entry »
Domestic carriers may lose at least 100 pilots to Qatar Airways, which is on an expansion binge despite the economic downturn. Read the rest of this entry »
India’s international and domestic passenger traffic has dropped eight per cent despite many airlines lowering their fares. Read the rest of this entry »