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About 30 results for "indigo rsquo"

We will be number one in India: Airbus

We will be number one in India: Airbus

IndiGo’s mega order for 250 Airbus A320 aircraft will propel Airbus into the top position in India’s narrow-bodied aircraft market, Kiran Rao, the aircraft manufacturer’s executive vice-president, has said. “Even before this deal, Airbus A320 was the main aircraft for Indian carriers. "We are in a dominant position. "If you look at our orders, we will be number one for the next 10 years. "When Vistara and AirAsia India expand, they will also choose Airbus and not switch ..., 2 months ago

IndiGo retains star position but profit hit hard

In an indication of competition in the sector impacting severely the margins of domestic airlines, the country’s largest no-frills air carrier, IndiGo, has reported a 60 per cent drop in net profit at Rs 317 crore (Rs 3.17 billion) for the financial year ended March 2014.This was despite a 17.5 per cent rise in revenue to Rs 11,117 crore (Rs 111.17 billion). IndiGo had a five-fold increase in net profit to Rs 787 crore (Rs 7.87 billion) in 2012-13, on revenue of Rs 9,458 crore (Rs 94.58 ...
 Rediff.com2 months ago

IndiGo, Jet Airways gain while SpiceJet loses market share

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.com1 week ago

The two pitfalls that led to SpiceJet's financial debacle

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.com1 week ago

Troubles galore for SpiceJet, with lessons for IndiGo

SpiceJet promoter Kalanithi Maran would need to invest at least Rs 1,500 crore (Rs 15 billion) almost immediately to stabilise the airline.   Things seem to be coming to a head for low-cost airline SpiceJet. The Directorate General of Civil Aviation (DGCA) has restricted its forward bookings to a month; this means the airline, which has been using advance money from future flights today, to fly the next day, cannot raise the amount it needs to keep flying.  The Airports Authority of ...
 Rediff.com2 weeks ago

This dying art has all the reasons to exist

A 4,500-years-old tradition and the only blue one would see in clothing, cotton or denim. Indigo dye has the longevity of human skin and hence was used to mummify the deceased in their tombs in Egypt. The blue is extracted from the plants native to the ...
 Deccan Herald3 weeks ago

It's going to be an uphill drive for Manza

In the first six months of the year, the mid-sized sedan’s sales have dipped 26%   The Manza is struggling to keep pace with rivals in its segment, fuelling the possibility that Tata Motors may put its only mid-sized sedan on the backburner. In the first six months of the year, the Mumbai-based automobile company has managed to sell only 776 units of the Manza, a drop of 26 per cent from 1,054 in the same period last year. The average monthly sales volume for the Manza this year has ...
 Rediff.com3 weeks ago

ATF price cut to help airlines save big

Domestic carriers’ fuel bill to fall by Rs 1,200 cr in second half of 2014-15With state-owned marketing companies reducing the prices of aviation turbine fuel to Rs 59,943 a kilolitre from December 1 -- 4.1 per cent lower than the previous month -- domestic airlines’ fuel bill in the second half of 2014-15 is estimated to come down by a combined Rs 1,200 crore (Rs 12 billion).ATF for domestic carriers has become 11.22 per cent cheaper since October and is expected to see more price ...
 Rediff.com3 weeks ago

Fiat, Maruti, Tata in race to replace Kolkata's Ambassador cabs

Afer Maruti Suzuki and Tata Motors, now Fiat is set to join the race to replace Hindustan Motors’ Ambassador cars in Kolkata’s taxi segment. Image: Ambassador car. Photograph: Reuters The Ambassador cars, which enjoyed a near monopoly in Kolkata’s taxi segment for decades, is now out of market with Hindustan Motors suspending operations at its Uttarpara plant in Hooghly district of the state. Meanwhile auto majors like Maruti Suzuki and Tata Motors have already introduced ...
 Rediff.com1 month ago Planning to buy a car? 7 fantastic offers from Tata Motors  Rediff.com1 month ago

AirAsia to fly from Delhi soon

The battle in the domestic aviation skies will soon shift to Delhi, with low-cost carrier AirAsia and Tata-SIA’s Vistara booking slots at the T-3 terminal of the international airport in New Delhi.  Sources in the know confirmed Vistara had booked six slots here and was ready to fly once it got the government nod. What is a surprise is that AirAsia, looking for six to seven slots here, was offered three to begin with from T3. Sources say the LCC has decided to begin services within ...
 Rediff.com1 month ago
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