Air Asia’s maverick promoter, Tony Fernandes, has made no bones about saying that he will replicate his winning model in India.By simply playing on price, and offering rock-bottom fares that vary from half to a fifth of that of its rivals, he has built a reputed airlines brand in Southeast Asia.While his intention to make price the “number one differentiator” in India may be common knowledge, the tarmac ahead is paved differently from AirAsia’s home market. India might ... Rediff.com, 3 days ago
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IndiGo extends services to its passengers for additional fee of Rs 600 at Delhi, Hyderabad and Bangalore. Now, domestic passengers flying on low-cost carriers could also avail of the services of an airport lounge - something that had so far been an exclusive privilege of frequent flyers and those with business-class tags. The country’s largest airline, IndiGo, a low-cost carrier (LCC), is planning to offer passengers for a small fee the option of using lounges at airports in Delhi, ...Rediff.com, 1 week ago
Taking cue from SpiceJet’s success in tier-II and III markets, Air India wants to expand its presence on regional routes.The state-run carrier will shortly invite bids to replace its fleet of 11 ATR-42s and Bombardier CRJ planes with newer fuel-efficient turbo prop planes to improve its operating result. These planes will be operated by Alliance Air, the airline’s regional subsidiary. “We want to spread wings into regional markets and connect places of tourist importance such ...Rediff.com, 2 months ago
AirAsia’s plans for a joint venture airline in India would impact the pricing and yields of domestic carriers. It would also be a wake-up call for Singapore Airlines, said a JP Morgan research report. “We think it (the alliance) is negative for Indian carriers, especially SpiceJet, given its major presence in Tier II/III cities. With traffic under pressure, it would be a challenge to sustain higher yields. The entry of new players could put pressure on pricing,” JP Morgan ...Rediff.com, 2 months ago
Best work moment:First thing in the morningBooks on your bedside:The Bible (King James Version), Roberto Bolano’s Woes of the True Policeman, William Dalrymple’s Nine Lives, a social history of the Aztecs, and The Illustrated World Encyclopedia of ...Business Standard, 2 months ago
Tata Motors, India’s largest car maker by revenue, is exploring the possibility of adding more models to the production line at its Sanand plant in Gujarat.Currently, the facility manufactures only the Nano. The company also aims to upgrade asset utilisation, which would allow it to rationalise investments on expansion.Currently, only a quarter of the Rs 2,000-crore Sanand facility’s initial installed capacity of 2,50,000 units a year is being used.Tata Motors also manufactures the ...Rediff.com, 2 months ago
Mittu Chandilya wants to bring a new meaning to flying for Indians. Thirty three year old Mittu Chandilya will take charge as the chief executive officer of AirAsia from June 1 making him amongst the youngest head of an airline in India. Aditya Ghosh, who is the president of rival low cost airline IndiGo, was 32 years old when assumed the post in 2008. "Mittu is coming home to change Indian travel and make it affordable for all Indians to fly, " the airline's group CEO Tony Fernandes tweeted ...Rediff.com, 3 days ago
Qatar, Dubai and Sharjah want 80,000 additional seats per week as part of bilateral negotiations with India The battle for India in the West Asian aviation market is hotting up, with Qatar, Dubai and Sharjah asking for around 80,000 additional seats a week as part of their bilateral negotiations with India. India, on Thursday, announced a massive expansion in capacity between India and Abu Dhabi, within hours of Jet Airways announcing sale of 24 per cent stake to Abu Dhabi-based ...Rediff.com, 3 weeks ago
The civil aviation ministry plans to extend its December 2013 deadline for phasing out foreign pilots, with airlines unable to train a sufficient number of local pilots for the commander’s post.The move will benefit Jet Airways (India) Ltd, which plans to hire about 70 foreign pilots for its Boeing 777s.According to civil aviation ministry records, there were 340 foreign pilots employed by airlines and charter companies in India as of December 2012. It said the number of foreign pilots ...Rediff.com, 1 month ago
More car makers are offering discounts on vehicles, compared to the festive season of 2012, even as fewer consumers flock to showrooms.According to Deutsche Bank analysts, models that recorded healthy demand earlier are now luring customers with discounts and consumer benefit schemes.Waiting periods for all cars have fallen and several diesel-powered hatchbacks, demand for which was robust earlier, now have company- or dealer-sponsored discount schemes.Top selling diesel-powered models such as ...Rediff.com, 1 month ago
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