Category Archives: Aviation

Domestic aviation market rebounds with 8% growth in June: IATA

According to The International Air Transport Association (IATA), the domestic India market has proven resilient with the closure of Jet Airways earlier this year. Growth in domestic RPKs (revenue passenger kilometers) have recovered strongly, lifting to a 7.9% year-on-year pace in June, as the remaining carriers moved quickly to fill the gap created by the loss of a competitor and to meet the customer demand.

Read More »

Delhi tops list of Indian cities for international passenger traffic in Q1: DGCA

Out of the 28 Indian cities from where international passengers Embark/ Disembark, Delhi accounts for highest international passenger traffic with a share of 26.6% in quarter one (Q1) of 2019. Five Indian cities accounted for most (approximately 70%) of the international passenger traffic, and after Delhi it was Mumbai (20.4 per cent share) and Chennai (8.8% share). After that was Bengaluru (7.0 %) and Kochi (6.6%). Domestic and foreign carriers connect India to 54 countries through 346 Routes. Out of these routes top 10 Routes accounted for approximately 20 per cent of the total international passenger traffic during the first quarter of the year 2019. Maximum international passengers were carried on the Dubai-Mumbai sector followed by Dubai-Delhi.

Read More »

Average return fare for global airlines was 60% lower in 2018 as against 1998: IATA

The average return fare in 2018 was 60% lower than in 1998, before taxes and surcharges, while the cost of air freight ($/Kg) was down 61% over the same period, stated Alexandre de Juniac, Director General and CEO, International Air Transport Association (IATA), in the IATA World Air Transport Statistics (2019 WATS), where they released performance figures for 2018 . He added that aviation is good for local economies too— $843 billion in tourism spending was made possible by air travel last year, while governments collected $129 billion in tax revenues from airlines and air travel.

Read More »

AAI to spend Rs 19,000 crore on airports upgrade in small cities

In a bid to improve India’s airport structure, Airports Authority of India (AAI) is planning to invest about Rs 19,000 crore over the next three years, especially in small cities. According to a report, AAI official said the investment is being made in improving runway capacity as well as building terminal capacity. AAI is also working on plans to build new airports in Gujarat’s Rajkot, Jharkhand’s Dhalbhumgarh and in Hollongi and Halwara in the Northeast. “We are seeking funds from market through debt and other modes to fund these projects. Some of the funding will also come from our profits,” said an AAI official. Source: ET

Read More »

India to grow from 600 to 2000 aircraft soon: Civil Aviation Minister

The Indian aviation sector is witnessing phenomenal growth and there could be 2,000 planes in a short time, Union Civil Aviation Minister Hardeep Singh Puri said recently. He told the Lok Sabha that the country’s aviation sector is the third-largest in the world and there is an annual growth of 17%. “In 2008, the number of passengers stood at 117 million and now it is around 440 million. It is expected to touch 1 billion,” adds Puri. Source: PTI

Read More »

STB and Partners welcome visitors from India on Vistara’s inaugural Delhi and Mumbai flights

The Singapore Tourism Board (STB) and partners welcomed passengers on board Vistara’s inaugural international flights from Delhi and Mumbai with a taste of Singaporean hospitality. The STB, together with tourism partners like Gardens by the Bay, Resorts World Sentosa, Sentosa Development Corporation, Trick Eye Museum Singapore and Wildlife Reserves Singapore (comprising the Singapore Zoo, Night Safari, River Safari and Jurong Bird Park) have put together value deals and discounts to popular attractions and experiences in Singapore. The discount vouchers are part of the welcome kits for Vistara’s passengers upon arrival in Singapore for the inaugural flights; and will continue to be distributed to passengers until 14 August 2019. Details of the discounts being offered can be found in the appended Fact Sheet.   Singapore received 1.44 million visitors from India in 2018, crossing the one million visitor mark for the fourth time in a row. India is also the third largest visitor source market for Singapore and has been able to retain its position as the top source market for cruise travel. The introduction of new flights from India will help more Indian travelers experience leisure, business and cruise travel to Singapore.   

Read More »

Global airlines carried 4.4 bn passengers in 2018, record increase of 7%: IATA

Airlines across the world carried 4.4 billion passengers on scheduled services, an increase of 6.9 per cent over 2017, representing an additional 284 million trips by air, according to the International Air Transport Association (IATA), which released performance figures for 2018 in the IATA World Air Transport Statistics (2019 WATS).  Alexandre de Juniac, Director General and CEO, IATA, stated, “The world’s airlines safely carried around 4.3 billion passengers last year, on some 126,000 daily flights connecting over 21,000 city pairs.”

Read More »

4% growth in international passenger traffic from India in Q1

The scheduled international passenger traffic for the first quarter (January-March) of the year 2019 stands at 16.4 million while the international passenger traffic for the corresponding period in the year 2018 stood at 15.8 million thereby witnessing a growth of 3.8 per cent, according to International Air Traffic Statistics revealed by Directorate General of Civil Aviation (DGCA). It has been observed that all the three months of the first quarter of the year 2019 witnessed a positive growth in terms of the total number of international passengers carried as compared to the corresponding months in the first quarter of the year 2019

Read More »

India records second highest flight bookings for Hajj 2019: Travelport

India recorded a total of 44,611 advanced bookings to the holy city of Mecca ahead of this year’s Hajj, which is the second highest in the world and the highest in Asia, according to Travelport’s global trends in flight bookings for Hajj 2019. Globally, Egypt recorded the greatest number of flight bookings through a GDS out of any country this year (49,477). The report stated that Advanced flight bookings to airports around the have increased from Asia, Europe and Oceania. Travelport’s analysis of available data , Asia recorded the greatest growth in flight bookings made through GDS to airports around Mecca this year in terms of volume, with bookings up by 11,284 (+5%). On a country level, the greatest growth came from Bangladesh, with bookings up by +171% (13,906).

Read More »

Delhi Airport to invest Rs 9,800 crore by 2022 in airport upgradation

Delhi International Airport Limited (DIAL) is going to invest Rs 9,800 crore by June 2022 to upgrade the existing Terminal 1, build a fourth runway and to increase the airport’s capacity to 100 million passengers. The airport in the capital city currently handles 66 million passengers. According to the proposed plan, the entire Terminal 1 apron would be demolished and a new and expanded apron would be constructed to provide higher capacity layout with parking stand for 82 aircraft. Besides, the arrival and departure terminal in T1 would be integrated under one roof. The progressive completion of T1apron would be from July 2020 to June 2022. “We have arranged for funds. We have already gone into international bonds, The airport expansion project cost is met through combination of three components –internal cash accruals, real estate monetisation and borrowings. This includes $350 million FCB, equivalent to Rs 2,425 crore, raised as part of expansion funding and internal cash accruals of Rs 3,000 crore,” told Prabhakar Rao, Deputy Managing Director, GMR Group- which handles the Delhi airport. The DIAL stated that L&T has been entrusted entire engineering, procurement and construction (EPC) works of Phase 3A.

Read More »