JAL aims to conclude tie-up talks with foreign carriers in October; announces big job cutsSeptember 15th, 2009 Japan Airlines aims to conclude tie-up talks soonTOKYO — Struggling Japan Airlines Corp. said Tuesday it aims to conclude tie-up talks with foreign carriers by mid-October and announced plans to slash 14 percent of its workers under a major restructuring plan.
50 carriers globally lose $6 bn in first halfSeptember 1st, 2009 GENEVA - Over 50 global carriers lost $6 billion (Rs.30,000 crore) in January-June this year, according to the sector's representative body International Air Transport Association. In a statement Tuesday, IATA also said the losses stood at $2.02 billion (Rs.10,000 crore) in the second quarter this year (April-June) and forecast cumulative losses of $9 billion (Rs.45,000) for the year.
No bailout for private airlines, says Indian governmentAugust 3rd, 2009 NEW DELHI - A day after private airlines called off their Aug 18 strike, Civil Aviation Minister Praful Patel Monday ruled out any kind of bailout for them or for the state-owned carrier Air India. "There is no question of a financial bailout for private airlines.
Air India Express will be a low-cost carrierJuly 14th, 2009 NEW DELHI - Maintaining that low fare carriers were the need of the hour, Civil Aviation Minister Praful Patel Tuesday said national carrier Air India will launch its own low-cost carrier under the existing Air India Express, which currently flies to 14 international destinations. "Air India Express will be our low-cost carrier and it has to be given a meaningful role.
China Eastern Airlines to acquire smaller carrier in step to strengthen competitivenessJuly 13th, 2009 China Eastern Airlines to acquire local rivalBEIJING — China Eastern Airlines Corp., one of China's three major state-owned carriers, will acquire a local rival, the companies announced Monday, as money-losing China Eastern tries to boost its competitiveness. China Eastern, based in Shanghai, will acquire Shanghai Airlines Co.
Now upgrade your air ticket to first class at little extraJune 26th, 2009 NEW DELHI - Want to upgrade your economy class air ticket to first class by paying a small amount? US-based travel portal Optiontown's unique travel solution can help you. Optiontown says passengers can save up to 75 percent of the actual airfare if they upgrade their ticket using its "upgrade travel option" (UTo) solution.
Job loss scare driving Indian pilots to Gulf carriersApril 23rd, 2009 NEW DELHI - Salary cuts and job uncertainty are driving pilots in Indian carriers to greener pastures abroad, with as many as 25 pilots believed to be heading for the Gulf. Pilots from Jet Airways and Kingfisher Airlines are expected to join leading Gulf carrier Qatar Airways.
India mulling stakes for foreign carriers: PatelFebruary 21st, 2009 MUMBAI - The government is examining a proposal to allow foreign carriers to pick up stakes in domestic airlines, which are facing a crisis on account of economic slowdown, Civil Aviation Minister Praful Patel said here Friday. 'The consultation process is on,' Patel said at the groundbreaking function for a new integrated terminal at the Chhatrapati Shivaji International Airport here to be built by a consortium led by the Hyderabad-based GVK group.
Regulator asks airlines to explain fare hikesFebruary 10th, 2009 NEW DELHI - After Civil Aviation Minister Praful Patel Wednesday morning warned airline operators against 'cartelisation', the aviation regulator, the Directorate General of Civil Aviation (DGCA), asked them to explain their fare hikes. The move came a day after Indian carriers, including budget airlines, withdrew promotional fares and hiked the base tariff.
Praful Patel warns airlines against cartelisationFebruary 10th, 2009 NEW DELHI - A day after Indian carriers, including budget airlines, decided to withdraw their promotional fares and hiked the base tariff, the government Wednesday warned operators against 'cartelisation'. 'The government is against any cartelisation among airlines.
Agents to protest against commission denial by foreign airlinesJanuary 26th, 2009 NEW DELHI - Travel agents across the country will launch a fresh round of protests Jan 30 against those foreign carriers which have refused to pay them commission, an agents body said Tuesday. Travel Agents Association of India (TAAI) president Rajender Rai told IANS that 12 foreign airlines, including Singapore International Airlines (SIA), were not paying commission to the agents.
Foreign carriers could have stake in domestic airlines: MinisterJanuary 13th, 2009 NEW DELHI - The government should consider allowing foreign airline operators to own up to 25 percent stake in Indian carriers, Civil Aviation Minister Praful Patel said here Wednesday. 'We have not taken a formal decision on this.
Jet Airways group remains India's largest airlineJanuary 12th, 2009 NEW DELHI - Private carrier Jet Airways, together with its low-cost airline JetLite, was India's largest domestic air services operator in 2008, ferrying some 12.01 million passengers for a market share of 29.5 percent, latest data showed Tuesday. Vijay Mallya's Kingfisher Airlines, along with its budget carrier Kingfisher Red, was next, flying 11.26 million passengers to capture a 27.6 percent market share, as per data released by the civil aviation ministry.
Fare cut unlikely on international routes: Jet AirwaysJanuary 3rd, 2009 NEW DELHI - India's leading private carrier Jet Airways, which cut domestic fares by up to 40 percent last week, said it has no plans to slash fares on international routes. 'We don't have any proposal right now to cut fares on our international routes,' Jet Airways spokesman A.K.
Travel agents stop booking tickets for Singapore AirlinesJanuary 1st, 2009 NEW DELHI - Travel agents have stopped selling tickets of Singapore Airlines and threatened to extend the ban to other foreign airlines as well if they did not pay commission on tickets booked by them, an association representing them said Friday. 'We have stopped issuing tickets of Singapore Airlines.
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