IndiGo revamps website, Jet ties up with Twitter India's largest airline by market share, IndiGo, has revamped its website and number two airline Jet Airways has tied up with Twitter to provide fares and flight status through the microblogging site as they face competition from new airline including AirAsia and Vistara. On Tuesday IndiGo launched its revamped website with new functions and features, to make the customer interaction smoother and hassle-free. The changes in website design ... Rediff.com, 1 day ago
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The Kite is reported to launch by mid-2015. Based on available spyshots, Indianautosblog’s artist, Shoeb, has created a digital mockup of the upcoming Tata hatchback codenamed ‘Kite’. Based on the Indica’s platform, the Kite is reported to launch by mid-2015, and will spawn a compact sedan that will replace the now aging Indigo eCS. The front fascia of the Kite sees bug-eyed headlights with a meshed grille, or what Tata Motors’ design honchos refer to ...Rediff.com, 3 weeks ago
Also, offering jobs to SpiceJet pilots are Jet Airways and Vistara. Low-cost carrier SpiceJet is in deep financial trouble but its pilots are high in demand. The airline is trying to save on wage costs by cutting the normal notice period of six months by about half for pilots who have already resigned. However, market leader IndiGo has offered the latter their basic pay for the period till March (when the notice period gets over) if they join. Sources in the sector told Business Standard about ...Rediff.com, 1 month ago Troubles galore for SpiceJet, with lessons for IndiGo Rediff.com, 2 months ago
With the help of declining fuel prices, GoAir and IndiGo are expected to register profits, too. The Centre for Asia-Pacific Aviation expects SpiceJet to post a loss of Rs 240-300 crore (Rs 2.4-3 billion), excluding one-offs, for the December quarter, while rival Jet Airways is expected to post a Rs 120-180 crore (Rs 1.2-1.8 billion) profit in this quarter. With the help of declining fuel prices, GoAir and IndiGo are expected to register profits, too. “Overall, the quarter was a very ...Rediff.com, 1 month ago
Latter's market share rises to 36.1% in Dec; best on-time performance across metro airports Sharp fleet reductions by SpiceJet in December last year benefited IndiGo, which saw its market share rise to 36.1 per cent during the month, three percentage points more than in November. SpiceJet’s share fell four percentage points to 10.4 per cent, its lowest in 2014. Other carriers gained market share, too, with state-run Air India recording a rise of one percentage point to 18.6 per ...Rediff.com, 1 month ago
Globally, the low-cost model has worked when you ‘bombard’ one sector with several flights and frequencies, notes Anjuli Bhargava Even as I write this column, the fate of low-cost airline SpiceJet hangs in the balance. Investors continued to perform due diligence on the carrier to assess whether it makes sense to invest or not. Newspaper reports claimed that several pilots had resigned and the airline was looking to lay off more employees. As more details of how things went wrong in ...Rediff.com, 1 month ago
Overall, the domestic traffic grew 14.35 per cent in November in comparison to the corresponding month in 2013. Image: Indira Gandhi International Airport in New Delhi. Photograph: Courtesy, Kprateek88/Wikimedia Commons. In November, IndiGo retained the top position among domestic airlines, increasing its market share to 33.5 per cent, while SpiceJet’s share fell to 14.9 per cent from 17.3 per cent in October, as it cut its fleet and cancelled flights. Jet Airways’ share rose ...Rediff.com, 2 months ago
The airline dropped fares to gain customer load, but failed to cover the cost of its flights Two mistakes in SpiceJet’s strategy brought the airline to its present financial crisis. One happened two years ago when SpiceJet under chief executive officer Neil Mills decided to change the airline’s business model. It wanted to cash in on a first-mover advantage by flying to smaller cities. As a result, it was forced to change its single aircraft configuration of Boeings and added the ...Rediff.com, 2 months ago
Compared with Vistara, the performance of AirAsia, another new player in Indian skies that launched operations in June, was much better. Vistara, the full-service joint venture between Tata Sons and Singapore Airlines that launched its service on January 9, flew with more than half its seats vacant in the first month, show Directorate General of Civil Aviation data. Also, after years, the market share of domestic airline SpiceJet in January slipped into a single digit, 9.4 per cent, thanks to ...Rediff.com, 1 week ago Vistara heats up the airfare war Rediff.com, 1 month ago How domestic airlines are planning to counter Vistara Rediff.com, 2 months ago
Has a passenger load factor of 55% in the busy Delhi-Mumbai sector, compared with 80-85% in other airlines. Vistara, the Tata group-Singapore Airlines joint venture that started services on January 9, has recorded an average passenger load factor (PLF), a measure of capacity utilisation, of 56 per cent, showing the competitive market it is in. Asked for details on the airline’s performance in the past few days, a spokesperson said the average PLF was 25 per cent for business class, ...Rediff.com, 1 month ago
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