Air India recorded loss of INR 7635 cr last year

National carrier Air India has clocked a loss of INR 7635 crore in FY2018-19. As of FY2018-19, the total debt of Air India as on 31st March 2019 is INR 58,351.93 crore. The airline has received an equity infusion of INR 30,520.21 crore till date from FY 2011-12 and this includes the money which has … Continue reading Air India recorded loss of INR 7635 cr last year

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IndiGo’s “look east” expansion

IndiGo – India’s largest carrier by domestic market share and fleet has been on a rapid expansion on International routes in the recent months. While the expansion is planned across countries, the focus seems to be currently towards the east – partly due to the closure of Pakistani airspace leading to a detour for flights … Continue reading IndiGo’s “look east” expansion

IATA AGM:Airlines Urge Governments to Adhere to Global Slot Allocation Guidelines

The IATA (International Air Transport Association) is holding its Annual General Meeting (AGM) in Seoul, South Korea from 1st June to 3rd June, 2019. This is the 75th AGM of IATA. As part of the resolutions which were passed during this meeting, a significant one was about urging governments to adhere to global slot allocation … Continue reading IATA AGM:Airlines Urge Governments to Adhere to Global Slot Allocation Guidelines

KLM opens reservation for flights to Bengaluru; adds capacity to India

KLM Royal Dutch Airlines – the flag carrier of Netherlands is adding flights and planning equipment changes to India. This comes on the backdrop of Jet Airways suspending its operations. Jet Airways had moved closer to the KLM - Air France group after moving its Brussels hub to Amsterdam and offered its customers phenomenal reach … Continue reading KLM opens reservation for flights to Bengaluru; adds capacity to India