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About 28 results for "indigo rsquo"

We will be number one in India: Airbus
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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 ... Rediff.com, 1 month ago
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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.com1 month ago
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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 day ago
Rediff.com

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 week ago
Rediff.com

How rising competition adds to Air India's woes

Air India’s monopoly ended in 1991 when private-sector companies were allowed to enter commercial aviation. Till then, the national carrier was the king and passengers had to pay a fortune to fly. The result of competition has been predictable. With so much choice, Air India is in serious trouble. The national carrier’s market share has declined from a near-monopoly to 16.6 per cent as of September 2014. The airline has accumulated losses of about Rs 20,000 crore (Rs 200 billion), ...
 Rediff.com2 weeks ago
Rediff.com

Airlines' losses soar on high fuel costs in FY14

Currency depreciation also hits earnings of all domestic carriersFor the year ended March this year, India’s top five domestic airlines reported combined losses of Rs 9,737 crore (Rs 97.37 billion), an increase of 85 per cent compared with Rs 5,276 crore (Rs 52.76 billion) in the previous year.But for IndiGo and GoAir’s combined net profit of Rs 323 crore (Rs 3.23 billion), the losses would have stood at Rs 10,060 crore (Rs 100.6 billion).More than half the overall losses were ...
 Rediff.com4 weeks ago
Rediff.com

IndiGo's big bet: The $40 billion jet buying spree

Almost four years ago a handful of people gathered in Airbus sales chief John Leahy's spacious country house outside Toulouse and argued long into the evening over curry and cigars. Last weekend they met up again at a Parisian hotel for more haggling, with breaks taken at a nearby cafe where the informality of old business friendships mingled with hard-nosed negotiations typical of the aircraft industry. The sum total of money discussed over these meals? About $40 billion at catalogue prices, ...
 Rediff.com1 month ago
Rediff.com

IndiGo president reveals what makes the airline such a hit

An IndiGo aircraft. Photograph: Reuters IndiGo has a habit of breaking records, be it in making profits, flying passengers or ordering planes. On Wednesday, the Gurgaon-based airline signed a memorandum of understanding with Airbus for 250 A32neos. IndiGo’s president Aditya Ghosh shares the growth plan. Prior to placing today’s order, IndiGo had an order book of 280 Airbus A320s. How many of these have been delivered and what is the delivery schedule over the next two years? We ...
 Rediff.com1 month ago
Rediff.com

India's top airlines: SpiceJet beats Jet Airways

IndiGo continues to fly high as the top airline in India. Despite the financial crisis, SpiceJet has emerged as the second largest carrier in India. However, Air India’s market share has crashed to a two-year low in August. Domestic airlines carried 433.25 lakh passengers during Jan-Aug 2014 as against 411.40 lakh during the corresponding period of 2013, registering a growth of 5.31 per cent. Take a look at India’s top airlines with biggest market share according to DGCA ...
 Rediff.com2 months ago Chandilya's grand plans to make AirAsia top airline in India  Rediff.com1 month ago AP to consider offering tax incentive on ATF: Chandrababu Naidu  Jagran Post2 months ago
Rediff.com

The best airline staff in the world

No matter where are you flying globally, here are the world’s most courteous, friendly, helpful and efficient airline crews from each continent. The recently-held World Airline Award by Skytrax, ranked best airline staff in 10 different regions. We bring you the top three winners from each of them. Air Astana Rank in Central Asia and India: 1 Country: Kazakhstan The airline is the principal airline and the flag carrier of Kazakhstan. Indigo Rank in Central Asia/India: 2 Country: India ...
 Rediff.com2 months ago
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