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SAARC NewsSpiceJet of India accepts first two Q400 NextGen aircraft and signs maintenance agreement29-Aug-2011Bombardier Aerospace announced today that India’s number one low-cost carrier, SpiceJet has taken delivery of the first two of 15 Q400 NextGen turboprop aircraft ordered in December 2010. IndiGo connects Muscat to India with return fare22-Aug-2011IndiGo, one of India's fastest growing low fare airlines, has announced its foray into the international market with the launch of operations to Muscat, Dubai, Singapore and Bangkok in its first phase of expansion. SpiceJet opens bookings for the Q-400 operations with 7 new destinations15-Aug-2011SpiceJet, India’s most preferred budget airline announces the commencement of its much-anticipated Q-400 operations by opening bookings for the first phase. Spicejet Ltd. - Disclosures under Reg. 8A of SEBI (SAST) Regulations, 199725-Jul-2011Spicejet Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 to BSE Jet Airways Konnect introduces online booking of Jetcafe inflight meals18-Jul-2011Jet Airways Konnect, the all-economy service of Jet Airways, India's premier international airline, now offers guests a convenient option to book and pay for their in-flight meals while booking their travel at jetairways.com. Jet Airways Konnect will offer guests this facility, on select flights at a discounted rate. GoAir buys 72 Airbus A320neo aircraft24-Jun-2011India’s GoAir, ‘The Fly Smart Airline”, has selected the A320neo for its long term fleet expansion plans with a firm order for 72 aircraft. The agreement was signed at the 49th Le Bourget Airshow. IndiGo Selects Pratt & Whitney EcoPower® Engine Wash23-Jun-2011IndiGo has signed a long-term agreement with Pratt & Whitney to use the company's environmentally responsible EcoPower® engine wash service on the airline's fleet of Airbus A320 aircraft. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company. IndiGo firms up order for 150 A320neo and 30 A320s23-Jun-2011India's largest low-cost carrier, IndiGo has firmed up its historic order for 180 airbus single aisle aircraft. The firming up of the order for 150 A320neo and 30 A320 follows the Memorandum of Understanding (MoU) signed earlier in January. CAE signs five-year contract to train ab initio pilots for IndiGo15-Jun-2011CAE announced today that it has signed a five-year contract with IndiGo Airlines to train ab initio pilot cadets at CAE Global Academy Gondia, India and CAE type-rating training centres. Hong Kong Aviation Capital closes sale on new Airbus A32006-Apr-2011IndiGo Airlines and Hong Kong Aviation Capital (HKAC) have successfully closed the sale and lease back of a new Airbus A320 delivered on 30 March at the Airbus facility in Toulouse. IndiGo announced the launch of eight new direct flights29-Mar-2011IndiGo, India's second largest airline and fastest growing carrier today announced the launch of eight new direct flights from Lucknow to Mumbai, Delhi and Bangalore, reinforcing its commitment to offer affordable flying options and better connectivity in the region. IndiGo will operate special flights to Alexandria, Egypt07-Mar-2011IndiGo, Indias largest low fare airline will operate special flights to Alexandria, Egypt to evacuate Indians stuck in the region owing to the ongoing unrest in the region. IndiGo has been granted international traffic rights by the Government of India20-Jan-2011India's largest low fare airline, IndiGo, has been granted international traffic rights, by the Government of India, to operate services from several cities in India to Singapore, Bangkok, Dubai and Muscat during the forthcoming summer schedule. spiceJet to use CTC for B737NG type training19-Jan-2011CTC Aviation Group plc (CTC) has been awarded the contract to provide B737NG type rating training for spiceJet’s rapidly growing pilot workforce. Airbus’ Quovadis and IndiGo demonstrate first RNP approach in India10-Dec-2010IndiGo’s A320 is first airliner ever to fly an RNP approach at Cochin Airport Bombardier sells 15 Q400 NextGen Aircraft to India's SpiceJet10-Dec-2010Bombardier Aerospace announced today that SpiceJet of Gurgaon, India has placed a firm order for 15 Q400 NextGen turboprop airliners and has taken options on an additional 15 airliners. IndiGo announces Coimbatore as its new destination23-Nov-2010Establishing the growing importance of emerging domestic sectors from south India, IndiGo, India’s favourite on time performer, has announced Coimbatore as its new destination. GECAS delivers new Airbus A320s to IndiGo Airlines22-Nov-2010GECAS delivers new Airbus A320s to IndiGo Airlines Jet Airways, Jet Airways Konnect and JetLite complete smooth migration to Delhi’s Terminal 316-Nov-2010Detailed planning, co-ordination with multiple stakeholders and carefully supervised execution by Jet Airways, the country’s premier international airline (including its Konnect service), and its subsidiary JetLite, has resulted in a smooth, uneventful and successful transition of the group’s domestic operations to and from Delhi to the state-of-the-art Terminal 3 at the Indira Gandhi International Airport. Jet Airways, Jet Airways Konnect, Jetlite guests at Delhi's Terminal 3 to report a minimum of two hr15-Nov-2010Jet Airways, Jet Airways Konnect and Jetlite guests at Delhi's Terminal 3 to report a minimum of two hrs before departure time Jet Airways & JetLite to migrate domestic flight operations to Delhi's new Terminal 311-Nov-2010Jet Airways, the country’s premier international airline, and its subsidiary carrier JetLite, will migrate the group’s domestic operations to the state-of-the-art Terminal 3 at Delhi’s Indira Gandhi International Airport from November 14th, 2010. Boeing, SpiceJet finalize order for 30 Next-Generation 737-800s09-Nov-2010Boeing (NYSE: BA) and Indian budget carrier, SpiceJet, announced an order for 30 Next-Generation 737-800s with winglets in the presence of U.S. President Obama late last week. Jet Airways & JetLite to migrate domestic flight operations to Delhi's new Terminal 3 by 30-Oct-201022-Oct-2010Jet Airways, the country’s premier international airline, and its subsidiary carrier JetLite, will migrate the group’s domestic operations to the state-of-the-art Terminal 3 at Delhi’s Indira Gandhi International Airport from October 30th, 2010. SpiceJet to commence international operations. Booking opens for flights to Colombo and Kathmandu.16-Sep-2010SpiceJet, India’s most preferred low fare airline, announces the commencement of its international operations with its first flights that will connect Delhi and Chennai with Kathmandu and Colombo, ready to take off in four weeks. IndiGo press release09-Sep-2010Tata AIG General Insurance Company Limited is all set to offer an insurance package called Domestic TravInsure to the passengers of IndiGo, the award winning low fare airline, who travel on any route within its network. SpiceJet introduces flights to Madurai. Expands operations in South India30-Aug-2010INDIA : SpiceJet, India’s most preferred low fare airline, announces connection between the temple city- Madurai and its national network comprising 19 destinations across India with the New Generation Boeing 737-800 189-seater aircraft. Jet Airways & JetLite to migrate flight operations to Delhi's new Terminal 327-Jul-2010Jet Airways, the country’s premier international airline and its wholly-owned subsidiary JetLite, will migrate the group’s international and domestic operations to the new state-of-the-art Terminal 3 at Delhi’s Indira Gandhi International Airport. Hong Kong Aviation Capital to acquire 3 new A320 aircraft under sale-leaseback to Indigo13-Jul-2010INDIA : Hong Kong Aviation Capital (HKAC), a leading investor in the global aviation sector, today announced new leases of three (3) new Airbus 320 aircraft to IndiGo Airlines of India. IndiGo: another new Airbus-32028-Jun-2010INDIA : IndiGo, the award-winning low-fare domestic airline has announced the induction of yet another new Airbus-320 and with this induction, IndiGo will launch six new flights on its network. Jet Airways Konnect to introduce daily services between Kolkata-Ranchi, effective 23-Jun-201023-Jun-2010Jet Airways Konnect will introduce daily, all-economy services to Ranchi from Kolkata, offering guests from the Jharkhand capital enhanced connectivity to Mumbai and Delhi effective June 23, 2010. JetLite Affiliate Programme launched on Shoogloo Network31-May-2010With the launch of its Affiliate Network, JetLite, a wholly owned subsidiary of Jet Airways, has become the first domestic low cost carrier to introduce an affiliate marketing programme. GoAir salutes Mother’s Day in a very special way12-May-2010INDIA : GoAir, India’s smart airline celebrated Mother’s Day in a very special way. Tiger Airways flies to Trivandrum from Nov-201029-Apr-2010Tiger Airways Singapore today announced that it will be flying to Thiruvananthapuram also popularly known as Trivandrum from November 2010. Kingfisher launches flights from New Delhi to Kathmandu; New Delhi to Dubai; Mumbai to Dubai27-Apr-2010Kingfisher Airlines, India’s only Five Star Airline rated by Skytrax, today announced the launch of 2 new additional international routes - New Delhi to Kathmandu and New Delhi to Dubai. Kingfisher Airlines expands international route network27-Apr-2010Kingfisher Airlines, India’s only Five Star Airline rated by Skytrax, today announced the launch of 3 new international routes from India. Kingfisher Airlines launches 2 new international routes19-Apr-2010INDIA : Kingfisher Airlines, India’s only Five Star airline rated by Skytrax, today announced that it has launched flights from Mumbai to Bangkok and from New Delhi to Bangkok. Kingfisher Airlines launches flights from New Delhi to Hong Kong09-Apr-2010Kingfisher Airlines, India’s only Five Star Airline rated by Skytrax, flagged-off its inaugural flight on the New Delhi-Hong Kong route, late yesterday evening. SpiceJet increases fleet strength, adds new Boeing 737 80001-Apr-2010SpiceJet, India’s most preferred low fare airline, today increased its fleet strength with possession of a new Boeing 737-800. Jet Airways and Jetlite award maintenance contract to St Aerospace01-Apr-2010Jet Airways, India’s premier international airline and JetLite, its all-economy subsidiary, announced today the award of a Maintenance-By-the-Hour (MBH™) contract to ST Aerospace for the support of Jet Airways’ CFM56-7B engines that power Jet Airways’ and JetLite’s fleet of 67 Boeing 737 next generation aircraft. Kingfisher Airlines: Capt. G. R. Gopinath and Capt. K. J. Samuel have resigned from the BD25-Mar-201024-Mar-2010 Kingfisher Airlines: Capt. G. R. Gopinath and Capt. K. J. Samuel have resigned from the BD Kingfisher brings JAA Pilot Ground Training exams to India19-Mar-2010INDIA : Facility at Kingfisher Training College first outside Europe and the US Jet Airways Konnect enhances domestic network18-Mar-2010Jet Airways, India’s premier international airline, will enhance its domestic network, with the introduction of new services, as well as the enhancement of services on existing Konnect services on certain domestic routes. Kingfisher Airlines to launch Kingfisher Xpress01-Feb-2010INDIA : India’s first same-day-delivery-by-air service for shipments across major cities. Spicejet - Allotment of equity shares21-Jan-2010INDIA : Spicejet Ltd has informed BSE that the Company has made allotment of equity shares as under: MAS Aerospace Engineering & SpiceJet seal 3-year aircraft maintenance support agreement19-Jan-2010INDIA : MAS Aerospace Engineering (MAE), a wholly-owned subsidiary of Malaysia Airlines and SpiceJet, India’s low cost carrier, sealed a 3-year maintenance support agreement for SpiceJet’s fleet of Boeing 737 New Generation (NG) series aircraft. Jet Airways and Jetlite proactively implement fog prepardness during aproaching winter season15-Dec-2009INDIA : Jet Airways, India’s premier international airline, and its all-economy subsidiary JetLite have put in place a number of measures to minimize guest inconvenience arising out of flight disruptions and cancellations due to fog in the approaching winter season. JetLite intorduces new state of the art online booking engine10-Dec-2009INDIA : JetLite, the wholly owned subsidiary of Jet Airways India Ltd, today launched its new state- of the-art online booking engine. This move by JetLite is an attempt to offer a flexible web-sale solution with a clear road map to cater to the increasing ecommerce activities in ticket purchasing pattern in the Indian market. Jet Airways Konnect enhances connectivity from Delhi09-Nov-2009INDIA : Jet Airways Konnect enhances connectivity from Delhi with the introduction of new daily services to Raipur/Panta/Chennai. India’s budget airlines leave rivals in vapour stream08-Sep-2009India’s low-cost airlines are set to go from strength to strength as they grab market share from ailing premier carriers such as Air India, whose debts and losses continue to pile up, experts say. IndiGo redefining the airline business in India31-Aug-2009INDIA : 31-Aug-2009 IndiGo, the award-winning low-fare airline that is redefining the airline business in India, won the CNBC AWAAZ Travel Award ‘09 and was adjudged the best low cost carrier. Jet Airways Konnect launch of new services on several key domestic routes21-Aug-200920-Aug-2009 Jet Airways Konnect enhances domestic connectivity with the launch of new services on several key domestic routes Kingfisher eyes east, Jet looks west at low-cost fliers10-Aug-2009The competition in the low-fare flight segment is all set to intensify. Vijay Mallya-owned Kingfisher Airlines and Naresh Goyal’s Jet Airways are looking at East and West Asia for full service offerings, and come September, Air India’s low-fare offering too will be airborne. Freedom Offer from SpiceJet05-Aug-2009100% discount on base fare for defence personnel and families Jet airways enhances its service offering with Jetlite’s entire domestic flight network for sale as codeshare31-Jul-2009With immediate effect Jet Airways has opened up the entire domestic JetLite flight network as code share flights for sale within India. This is a significant step taken, where Jetlite’s domestic flights, denoted by 9W* will be on display on the Global Distribution Systems (GDS) and the airline's website jetairways.com SpiceJet launches its new Brand campaign10-Jul-2009Campaign highlights the unique value propositions of the brand New Delhi, 07-Jul-2009: SpiceJet, India’s preferred low fare airline launches its new brand campaign. While the brand has in the past focused on ‘price point’ or ‘promo’ driven advertising, the present campaign communicates our unique brand offerings, crystallized into a clear brand message Get more when you fly SpiceJet. SpiceJet announces Q4 FY 09 results03-Jul-2009Moves closer to breaking even New Delhi, 27-Jun-2009SpiceJet comes closer to achieving break even. The Company reports a net loss of Rs. 7.8 crore in Q4 of FY09, compared to a net loss of Rs. 123.6 crore in the same quarter last year. For the quarter ending 31-Mar-2009, SpiceJet posted the following numbers: 'GoAir Increases Network Strength with 8th Brand New A32030-Jun-2009GoAir, India’s smartest airline announced the commercial operation of its 8th brand new A320, the addition of two new connections from BLR to DEL and return and BLR- BOM and return, taking the total number of weekly flights serviced by GoAir to 377 .With the addition of new connections GoAir will strengthen its services in South India. The airline has introduced its new flight timings in order to provide ease of travel to its customers. SpiceJet turns 4 thanks guests with 80,000 free tickets12-Jun-2009SpiceJet, India’s preferred low fare airline completes four years in Indian skies. As a way of thanking the guests for the airline’s success, it gave each guest on board all its 125 flights today, a special gift kit containing four complimentary return tickets across its network of 18 destinations along with a complimentary holiday voucher for four-day stay at resorts across India. Welcome flydubai!04-Jun-2009Having taken delivery of its first B737-800 aircraft on 18-May-09, and receiving its Air Operator’s Certificate (AOC) from the UAE General Civil Aviation Authority on 25-May-09, the world’s newest LCC, flydubai, successfully launched its inaugural flight, from Dubai to Beirut, on 01-Jun-09. GoAir: management restructure is all part of rebranding efforts03-Jun-2009INDIA : GoAir, which has been attempting to reinvent itself over the past six months, announced that CEO, Edgardi Badiali, has resigned from his position at the carrier. Mr Badiali joined the carrier as CEO in Jan-2008. His retirement follows the departure of CFO, G P Gupta, in Mar-2009. India's Kingfisher Airlines Selects CyberSource to Fight eCommerce Fraud02-Jun-2009INDIA : the U.K.-based subsidiary of CyberSource Corporation, announced that its Decision Manager global fraud management portal as well as its performance monitoring service have been selected by Kingfisher Airlines. Mumbai-based Kingfisher Airlines connects 70 cities and operates over 425 flights a day. SpiceJet: passenger traffic falls slightly, market share decreases in Apr-200929-May-2009INDIA : The Ministry of Civil Aviation reported SpiceJet’s passenger numbers fell 1.8% year-on-year in Apr-2009 to 387,000. The LCC reported a reasonable load factor of 68%. IndiGo receives Safety Excellence Award27-May-2009INDIA : IndiGo, the low-cost LOW-FARE domestic airline that is redefining airline quality standards in India, receives the Safety Excellence Award in recognition of airlines outstanding contribution in airside safety for the GMR Hyderabad International airport limited. GoAir opens gateway to the North East18-May-2009GoAir, India’s smartest airline announced the addition of two new major destinations, Guwahati and Bagdogra (starting 21-May-2009) and the induction of one brand new A320 aircraft. With the addition of Guwahati and Bagdogra routes, GoAir has now expanded its services to the East of India after establishing a good presence in the North, West and Southern regions of the country. Spicejet appoints Dr Anurag Jain as General Manager08-May-2009INDIA : SpiceJet Limited announces the appointment of Dr Anurag Jain. He comes on board as General Manager, Revenue Optimization. IndiGo: strong passenger traffic and market share growth continues in Mar-200929-Apr-2009INDIA : IndiGo was one of the few Indian LCCs to report growth in demand in Mar-2009. The LCC handled 420,000 passengers last month, an increase of 13.9% year-on-year. The carrier also reported a load factor of 70% for the month - a healthy result by Indian domestic standards. IndiGo ha sido una de las pocas compañías de bajo coste en registrar un crecimiento en su demanda de marzo 2009. La aerolíneas transportó el mes pasado 420.000 pasajeros, lo que supuso un incremento anual de 13,9% . IndiGo también a alcanzado durante este mes un 70% en su factor de carga; un resultado bueno para los estándares domésticos del país. GoAir welcomes the summer season24-Apr-2009INDIA : GoAir Welcomes the summer season with extremely competitive prices and more baggage allowance GoAir le da la bienvenida al verano con precios muy competitivos y ampliando el límite en el peso del equipaje. JetLite introduces low return fares22-Apr-2009JetLite, Jet Airways' wholly owned all-economy subsidiary, has introduced new, low return fares, effective 22-Apr-09. IndiGo Airlines launches new domestic terminal21-Apr-2009INDIA : IndiGo, the award-winning low-fare domestic airline that is redefining airline quality standards in India, will be the first airline to enhance the hassle free experience for its outbound passengers with the launch of new Domestic Departure Terminal 1D at Indira Gandhi International Airport, New Delhi. Air Arabia launches non stop service to Goa India20-Apr-2009UNITED ARAB EMIRATES : Air Arabia launched its non-stop service to the Indian city of Goa on 16-Apr-09. Air Arabia lanzó el pasado 16 de abril un nuevo vuelo director a la ciudad india de Goa. Estos vuelos son operados tres veces a la semana desde el Aeropuerto Internacional de Dabolim en Goa y desde el hub de Air Arabia en Sharjah. Kingfisher, Kingfisher Red and Indigo first airlines to change to new Domestic Terminal at Indira Gandhi20-Apr-2009INDIA : Indigo Airlines, Kingfisher Red and Kingfisher Airlines will have privilege to be the first airlines to operate from the brand new Domestic Terminal 1D (T1D) at Indira Gandhi International Airport. Terminal 1D is set to commence commercial operations from 19-Apr-09. SpiceJet adds Goa to its network of Domestic Cargo Operations14-Apr-2009INDIA : SpiceJet añade la ciudad de Goa en su red nacional de Operaciones de Cargo Jet Airways launches Delhi-Srinagar services08-Apr-2009INDIA : Jet Airways lanza el servicio Delhi-Srinagar Jet Airways has introduced (07-Apr-09) a new, daily service on the Delhi-Srinagar sector, to cater to the upcoming holiday traffic. JetLite reschedules flights on Delhi/Hyderabad/Kochi sectors06-Apr-2009JetLite, Jet Airways’ wholly-owned all economy subsidiary, reschedules certain flights on Delhi / Hyderabad / Kochi sectors necessitated by runway closure at Cochin International Airport Limited from 08-Apr to 09-Apr-09, and from 11-Apr to 13-Apr-09. SpiceJet reduces fares for all bookings made 30 or more days in advance27-Mar-2009INDIA : SpiceJet reduces its fare for all bookings made for 30 or more days in advance. This will be applicable on all its 119 flights in the new summer schedule across 18 destinations. The reduction is up to Rs600 per ticket. SpiceJet announces changes in senior level managers27-Mar-2009INDIA : SpiceJet announces (24-Mar-09) the appointment of senior level managers in key positions within the company to strengthen the core team. SpiceJet announces 2009 summer schedule24-Mar-2009INDIA : SpiceJet announced (18-Mar-09) its new schedule for summer of 09, effective 29-Mar-09. The daily departures will go up from 115 to 119 for a fleet strength of 19 aircrafts. The schedule offers new connections, better connectivity and resumes services. JetAirways and JetLite introduce 30-Day Advance Purchase fares24-Mar-2009INDIA : Jet Airways and its all-economy subsidiary JetLite have introduced new, low 30-Day Advance Purchase fares, effective 24-Mar-09. With the introduction of these attractive fares, travellers can now enjoy low fares suitable for families to plan their holiday travel on Jet Airways and JetLite. SpiceJet wins ICWAI award for excellence in Cost Management20-Mar-2009INDIA : SpiceJet has won (17-Mar-09) the coveted ICWAI award for excellence in Cost Management. The award was presented by The Ministry of Corporate Affairs, Government of India recently. Nandan Mimani, Vice President Finance and Financial Controller represented the company to collect the award. SpiceJet was one out of three companies from the private sector who won this award. JetLite launches daily Mumbai-Kozhikode flights18-Mar-2009INDIA : JetLite lanza una nueva ruta diaria Mumbai-Kozhikode Effective 29-Mar-09, JetLite, Jet Airways’ wholly-owned all economy subsidiary, will introduce a new daily service on the Mumbai - Kozhikode - Mumbai sectors. The new daily Mumbai - Kozhikode-Mumbai flights will be operated by JetLite’s all-economy Boeing 737 series aircraft. SpiceJet and BIG Music & Home Entertainment launch promotion06-Mar-2009INDIA : BIG Music & Home Entertainment and SpiceJet have come together to implement an innovative Word of Mouth campaign to promote the music of film 13B in an innovative way. SpiceJet announces 'Book for 2 pay for 1' promotion06-Mar-2009Responding to customer demand, SpiceJet announced (04-Mar-09) the return of its successful promotion under SpiceJet Happy Hours - Book for 2 pay for 1. This is valid for booking on 04-Mar to 06-Mar-09. Jet Airways' JetPrivilege announces special offers to 'celebrate womanhood'27-Feb-2009INDIA : Jet Airways’ JetPrivilege has announced (25-Feb-09) the introduction of special partner offers to honour its lady travelers as part of the airline’s ‘Celebrating Womanhood’ initiative, for a two month period between 01-Mar and 30-Apr-09. SpiceJet implements IBS’ iCargoLite09-Feb-2009INDIA : SpiceJet started using IBS Software’s new-generation cargo management system, iCargoLite. With iCargoLite, a part of IBS’ iCargo solution suite, SpiceJet automated its cargo business processes to support its expansion plans for its domestic cargo operations. Air India Express takes delivery of B737-800 aircraft09-Feb-2009INDIA : Air India Express inducted (06-Feb-09) another B737-800 aircraft thus increasing the fleet size to 21 aircraft, including seven leased aircraft. With the induction of the new aircraft, Air India Express will further expand its operations. Air India Express will launch its once a week flight to Dubai from Srinagar with this new aircraft with effect from 14-Feb-09. Sama Airlines announces Mumbai as first destination in India04-Nov-2008Sama Airlines announced the addition of Mumbai in India to its destinations, marking its 11th international destination and its first to India. The airline will operate 3 times a week on the route, starting with its first flight on 12-Nov-08 from Dammam to Mumbai. SpiceJet appoints new chief executive officer21-Oct-2008INDIA : The Board of SpiceJet Limited appointed Mr. Aggarwal currently, Chief Operating and Chief Strategy Officer of Flight options, as SpiceJet’s Chief Executive Officer. SpiceJet appoints Ink Publishing to produce inflight magazine19-Sep-2008INDIA : SpiceJet has appointed Ink Publishing to produce its inflight magazine, Spiceroute, which will be reintroduced on all SpiceJet flights starting Oct-08. Kingfisher Red offers unique class of service11-Sep-2008Kingfisher Red is offering unique class of service. The benefits while flying Kingfisher Red includes: Spicejet - Outcome of Board meeting02-Sep-2008INDIA : Spicejet Ltd has informed BSE that the Board of Directors of the Company at its meeting held on 29-Aug-08, interalia, has approved the following matters: SpiceJet announces special advance purchase fare14-Aug-2008INDIA : SpiceJet has announced Special Advance Purchase Fare. Tickets, with up to 50% discount on base fare, will be available for purchase from 14-Aug-08. The scheme is applicable for tickets purchased 15 days prior to the date of travel. SpiceJet launches ‘Freedom to Fly’ for Indian armed forces14-Aug-2008INDIA : SpiceJet will launch Freedom to Fly scheme from 15-Aug-08. Under this special scheme, each serving Armed Forces personnel enjoys a 100% discount on basic fare for unlimited tickets. Spicejet - infusion of USD100 million in the company12-Aug-2008INDIA : Spicejet Ltd has informed BSE that the Company, its shareholders RHSL, Istithmar and Ajay Singh and Goldman Sachs, in its capacity as a bondholder of the Company, on 11-Aug-08 have entered into definitive agreements with WL Ross and Co. LLC. Air India Express launches Kolkata-Dhaka service21-Jul-2008INDIA : Air India Express officially launched six times weekly Kolkata-Dhaka service on 20-Jul-08, using B737-800. The new service will be an extension of the carriers operations on the Singapore and Bangkok sectors. SpiceJet’s outgoing CEO joins IndiGo21-Jul-2008SpiceJet’s outgoing CEO, Siddhanta Sharma, will join the InterGlobe Group as Executive Director Corporate Affairs, where he will be responsible for managing the group's business interests, which includes LCC IndiGo, InterGlobe General Aviation, and Travelport's Galileo GDS. WL Ross to invest in SpiceJet16-Jul-2008INDIA : SpiceJet Limited and WL Ross & Co. LLC a global private equity investor, are pleased to announce that SpiceJet has accepted an offer in principle that will make available approximately INR345 crores to SpiceJet. FlyYeti.com to suspend operations in Nepal01-Jul-2008Kathmandu-based low-cost carrier to suspend operations and hopes to resume operations when conditions improve. SpiceJet Celebrates Three glorious Years of Flying30-May-2008INDIA : SpiceJet completes three successful years in the Indian skies on 23-May-08. From 3 aircraft, flying to 5 destinations, to 17 aircraft to 17 destinations, the airline has flown over 8 million SpiceJetters across its network. Air India Express makes rapid strides in three years since inception29-Apr-2008INDIA : Air-India Express, the wholly-owned subsidiary of National Aviation Company of India Ltd., (NACIL), has made progress in terms of fleet and network expansion, number of passengers carried, since its inception three years ago on April 29, 2005. Deccan posts 33% increase in revenue despite lean season24-Apr-2008INDIA : Deccan Aviation posted a 33% increase in turnover during Q3 FY08 as compared to Q3 FY07 despite it being a lean season. Deccan’s continued emphasis on improving operational reliability and on-time performance has led to higher guest confidence in Deccan. Deccan and ICICI Lombard join forces to offer travel insurance18-Apr-2008Deccan and ICICI Lombard General Insurance have joined forces to launch a unique flight and domestic travel insurance which offers security against possible vacation or travel loss. SpiceJet brings in new flights to Kolkata on Bengali New Year11-Apr-2008INDIA : SpiceJet has enhanced connectivity in the East by adding new flights from Kolkata. The airline has announced an inaugural fare of INR500 on the new connections from Kolkata to Hyderabad, Mumbai, Delhi, Guwahati and Bangalore. Deccan launches 18 new services03-Apr-2008INDIA : Deccan launched 18 new services across various sectors on 29-Mar-08, marking the beginning of the summer schedule. Deccan has also added a new destination- Jorhat to its wide network. Bookings for the flights are open. SpiceJet launches services from Visakapatnam Airport31-Mar-2008SpiceJet launched daily services from Visakapatnam Airport, located in the Southern State of Andhra Pradesh, to Delhi and Mumbai, and twice daily to Hyderabad, on 30-Mar-08. The carrier reportedly expects a average 70% load factor on the new routes. Air Passengers Association of India (APAI) awards IndiGo 'Best Low Cost Carrier' for 200727-Mar-2008INDIA : IndiGo, was awarded Best Low-Fare Carrier in India for the year 2007 by the Air Passengers Association of India (APAI).The poll was conducted by APAI among frequent flyers and its members at Delhi, Mumbai, Bangalore, Chennai and Kochi airport during February 15-29, 2008, with more than 1600 responses to the poll from the 5 airports. Airbus reports loss in 200712-Mar-2008Airbus parent, EADS, announced a strong business performance in 2007, despite experiencing significant challenges at its civil aircraft unit. The Group's order intake, at record heights, doubled compared to the previous year and the EBIT reached break-even, as was indicated in EADS' revised guidance. For 2008, the Group targets an EBIT of EUR1.8 billion. GoAir and Yatra Online in agreement to offer cash back to passengers11-Mar-2008INDIA : GoAir has signed an agreement with Yatra Online to offer INR200 cash back on all GoAir travel bookings valid up to Apr-08. Passengers can gain this cash back offer by booking their GoAir tickets between 07-Mar-08 to 16-Mar-08. GoAir signs deal with TATA-AIG General Insurance10-Mar-2008TATA-AIG General Insurance Limited has signed a deal with GoAir to offer insurance travel cover to GoAir passengers booking their tickets online at www.GoAir.in. GoAir passengers will be offered the option of buying the insurance cover for their travel at a nominal premium of INR129. SpiceJet to launch international operations by 201029-Feb-2008SpiceJet confirmed it was keen to launch international operations within the next three years, and is reportedly considering destinations with large migrant populations, such as the Gulf, Southeast Asia and Central Asia region. Paramount abandons plans to acquire an LCC, considers widebody fleet order28-Feb-2008INDIA : Paramount Airways reportedly abandoned plans of acquiring an Indian LCC and instead plans to concentrate on the induction of widebody aircraft and expand into international markets. Air India Express to increase frequencies between Thiruvananthapuram and the Gulf18-Feb-2008INDIA : Air India Express confirmed plans to operate 11 non-stop services from Thiruvananthapuram, located in the state of Kerala, to Dubai, Abu Dhabi and Sharjah, effective 18-Feb-08. Kingfisher and Deccan plan to raise USD300 million after merger14-Feb-2008INDIA : The new holding company formed from the merger of Kingfisher Airlines and Deccan Aviation plans to raise USD300 million through the sale of shares. Simplifly Deccan to launch services from Bangalore to Indore and Tiruchirapalli13-Feb-2008INDIA : Simplifly Deccan announced plans to launch daily Bangalore-Indore via Nagpur service using A320s, as well as two times daily Bangalore-Tiruchirapalli service using ATRs, effective 30-Mar-08. The carrier is the first to offer air connectivity on both routes. GoAir announces GoFlexi Fare plan11-Feb-2008INDIA : GoAir announced its flexible fare plan, effective immediately. Under the new pricing plan, GoAir has launched a new fare package called GoFlexi Fare. The GoFlexi Fare allows a GoAir passenger to make unlimited changes in his travel itinerary without the levy of rescheduling charges. SpiceJet launches services to Bagdogra30-Jan-2008INDIA : SpiceJet launched daily flights from Bagdogra to Kolkata, Guwahati and Chennai and six times weekly from Delhi, from 29 January, 2008. Deccan opens MRO hangar at Chennai Airport22-Jan-2008Simplifly Deccan officially opened a USD2.9 million MRO hangar at Chennai International Airport. The new 70,000 sq ft facility has capacity to handle one A320 or two ATR aircraft, and will provide basic and medium level maintenance checks and protective storage for Deccan and Kingfisher Airlines aircraft, as well as function as a repair shop and assembly area. SpiceJet partners with BillDesk for direct payment from online bank accounts21-Jan-2008INDIA : SpiceJet announced a tie-up with BillDesk that will provide SpiceJet customers an additional option to purchase and pay for their tickets, through their Internet Banking Accounts Online, on the SpiceJet’s website. Best Air launches operations with Dhaka-Chittagong service18-Jan-200814 January 2008 marked Best Air’s inaugural passenger flight from ZIA International Airport Dhaka to Shah Amanat International Airport Chittagong. GoAir reports 73% growth in traffic for nine months ended 31-Dec-0715-Jan-2008INDIA : GoAir recorded a 73% growth in passenger traffic during the nine-months’ ended of the current fiscal. The airline carried over a million passengers during the last 9 months. Delhi High Court grants stay order against GoAir28-Dec-2007INDIA : (c) Centre for Asia Pacific Aviation: The Hon’ble Delhi High Court has granted stay order on the verdict passed by Delhi State Consumer Disputes Redressal Commission (SCDRC) against GoAir to award compensation of INR15,000 (USD379) to each passenger of a cancelled flight, by a Bench comprising Hon’ble Justice Pradeep Nandrajog. GoAir to operate to fog-destinations using CAT-III compliant pilots12-Dec-2007INDIA : (c) Centre for Asia Pacific Aviation: As part of its Fog strategy, GoAir will ensure that all its Fog-destination flights will be flown by CAT-III compliant pilots. Deccan launches m-Fly, offering bookings through mobile phones11-Nov-2007INDIA : (CAPA) Deccan announces its m-Fly initiative in partnership with Oxigen Services (India) Pvt. Ltd. M-Fly account is a prepaid user account which can be accessed through mobile phone to book Deccan tickets instantly. Passengers will now be able to book, pay and generate an e-ticket on their mobile phones. GoAir to add two new A320s and double its operations23-Oct-2007INDIA : (CAPA) GoAir is adding two new aircraft to its fleet by November 2007. As part of this expansion plan, the airline has announced that it is doubling its current flight operations from October-end. Mihin Lanka launches Colombo-Singapore services04-Oct-2007(CAPA) Mihin Lanka launched three times weekly Colombo-Singapore services on 24 September 2007, becoming Mihin's 7th destination. V Trivedi appointed Head of Air India Express21-Sep-2007INDIA : (CAPA) Air India Express is to be headed by V Trivedi, the former Chairman and Managing Director of Indian and current Joint Managing Director of Air India. Air Deccan led consortium explores low cost airport opportunities18-Sep-2007INDIA : (CAPA) A consortium led by Air Deccan, GVK Airports, IDFC and Rahejas, confirmed it was exploring low cost airport development opportunities in small cities, reportedly including Bijapur, Shimoga and Gulbarga. SpiceJet to expand its network into Southern and Eastern India28-Aug-2007INDIA : (CAPA) SpiceJet announced plans to expand its network in Southern and Eastern India, allowing it to access destinations in the Middle East and ASEAN regions, subject to the Indian Government relaxing restrictions on international route rights for domestic airlines. EXCLUSIVE AVIATION SURVEY (Part 6): Taxes and transparency - a consumer perspective24-Aug-2007(CAPA) Where Low Cost Carrier (LCC) and Full Service Carrier (FSC) passengers in India are of a similar mind is in wanting airlines to advertise full prices that is, including taxes, charges, and any applicable additional fees. Our survey revealed that more than 90% of each group wanted this. Air Deccan plans to increase fares22-Aug-2007INDIA : (CAPA) Air Deccan announced plans to increase fares by USD12.20-24.50 to ensure a break-even result by early FY07/08. EXCLUSIVE AVIATION SURVEY (Part 5): Low fares - do they stimulate new travel markets?17-Aug-2007(CAPA) A mere 9% of the Low Cost Carrier (LCC) passengers (and 5% of the Full Service Carrier (FSC) passengers) surveyed were travelling for the first time. Air Deccan launches daily Jamshedpur-Kolkata service15-Aug-2007INDIA : (CAPA) Air Deccan announced the launch of daily flights connecting Tatanagar Jamshedpur to Kolkata. A 48 seater ATR aircraft will be deployed to serve the route, with commercial operations commencing on 26-Aug-07. EXCLUSIVE AVIATION SURVEY (Part 4): FSC and LCC passengers, purchasing power, and retail activity at Indian Airports13-Aug-2007(CAPA) In India, nearly half of all travellers expressed a willingness to spend at airports. 44% of Full Service Carrier (FSC) passengers, and nearly 40% of Low Cost Carrier (LCC) passengers would like to buy goods either at their departure or arrival airport SpiceJet capital needed for fleet expansion09-Aug-2007INDIA : (CAPA) SpiceJet has revealed plans to raise up to USD80 million via equity dilution and debt. This strategy will assist in financing ten new aircraft worth around USD450 million, the deliveries of which will start in 2009. The current fleet of 11 B737-800s operate to 14 destinations, with the airline planning to reach a total of 18 aircraft by Mar-08. EXCLUSIVE INDIAN AVIATION SURVEY (Part 3): Prestige, loyalty, distribution, and FSCs06-Aug-2007(CAPA) In India, Full Service Carriers (FSC) still carry the bulk of business travellers. Nearly half of FSC clients travel on business (47%), and 42% do not pay for their own tickets. In the case of Low Cost Carriers (LCC), only 29% of passengers are business travellers, with 21% holding sponsored tickets. iXiGO launches anywhere to anywhere low fare search service06-Aug-2007(CAPA): iXiGO, the recently launched travel search engine, announced the launch of a feature that combines flights from all airlines to find the cheapest service available on all possible routes in India. The new low fare search is called anywhere to anywhere. EXCLUSIVE AVIATION SURVEY (Part 2): If The Airfare Had Been Double What You Paid...30-Jul-2007(CAPA) In India, 67% of Full Service Carrier (FSC) passengers and 51% of Low Cost Carrier (LCC) passengers would still have travelled by air if the fare had been double. SilkAir to launch services to Coimbatore24-Jul-2007SINGAPORE : (CAPA): Tiger Airways is not the only carrier expanding their network to India, with SilkAir, subsidiary of Singapore Airlines also announcing plans to launch services to Coimbatore in October 2007. iXiGO and OnYoMo launch SMS airfare search engine20-Jul-2007(CAPA): iXiGO, the recently launched travel search engine, announced the launch of its flight search on mobile. The venture is in partnership with OnYoMo, an Indian mobile search company. Air Deccan takes delivery of 20th A32029-Jun-2007INDIA : (CAPA): Air Deccan added its 20th Airbus A320 to its fleet taking the airlines total fleet strength to 44. The new Airbus will be based in Kolkata and will help in Air Deccans expansion plans of providing improved low fare travel options and increased connectivity. The Airbus has an all economy seating with a seat capacity of 180. Air Deccan will not sell more stake to UB Holdings27-Jun-2007INDIA : (AFX): GR Gopinath, Chairman of Deccan Aviation, states none of its promoters would sell their stake in Air Deccan to UB Holdings, should it fail to acquire the required 20% stake from the open market. Mihin Air to fly to Europe25-Jun-2007(CAPA): Mihin Air, a Sri Lankan budget airline start-up, plans to launch services to Europe very soon, although details were not disclosed. Air Deccan leads in services offered to South India21-Jun-2007INDIA : (CAPA): Air Deccan reports the largest number of services operating in South India. Kingfisher interested in SpiceJet?18-Jun-2007INDIA : (CAPA): Kingfisher Airlines parent, UB Group, is reportedly interested in a strategic investment in SpiceJet. It is Kingfishers latest move to consolidate Indias skies following its recent acquisition of a 26% shareholding in Air Deccan. Air Deccan's network to be leveraged18-Jun-2007INDIA : (CAPA): Vijay Mallya, CEO of Kingfisher Airlines, has outlined his strategy for the two carriers, stating that Air Deccans network is a key asset that will be leveraged. No "true" low cost carriers in India14-Jun-2007Providing the keynote address at the 4th annual India and Middle East Low Cost Airline Symposium, Bill Franke, Managing Director of leading airline investment firm Indigo Partners, offered a frank assessment of the present shape of the Indian low cost sector, saying government must do more to provide a setting in which the model can work. Vijay Mallya states days of discount ticketing over12-Jun-2007(CAPA): In the final session of the Centre for Asia Pacific Aviation's third annual Aviation & Tourism Investor Summit in Mumbai, Chairman and CEO of Kingfisher Airlines, Vijay Mallya, stated he believes the Indian airline industry is preparing to head in a new direction. Genesis Lease Ltd signs agreement with IndiGo for purchase and leaseback of two Airbus A320-20012-Jun-2007INDIA : (CAPA): Genesis Lease Ltd announced it signed definitive agreement with Indias InterGlobe Aviation Limited (IndiGo) for the purchase and leaseback of two Airbus A320-200 aircraft, scheduled for delivery in July-September 2007. GoAir reports high load factors on Ahmedabad services in May 200708-Jun-2007INDIA : (CAPA): GoAir reports May 2007 load factors reached more than 85% for its MumbaiAhmedabad and Delhi-Ahmedabad services. The services are in the evening, proving to be a popular choice for business and leisure travelers. Tiger Airways to launch services to six Indian cities.05-Jun-2007SINGAPORE : (CAPA) Tiger Airways received (05-Jun-07) Indian Government approval to launch services from Singapore to six Indian cities, two of which have no direct services at present:
Kingfisher buys 26% stake in Air Deccan01-Jun-2007INDIA : BANGALORE (AFX) - India's Kingfisher Airlines, owned by liquor baron Vijay Mallya, has bought a stake of up to 26% in the country's first domestic budget carrier, Air Deccan, at INR155 per share or INR5.5 blllion in total. India's Air Deccan plans to raise 100 mln usd from stake sale16-May-2007INDIA : BANGALORE (XFN-ASIA) - Air Deccan, India's largest budget airline, plans to raise USD100 million by selling up to a 26% stake to a professional investor, managing director GR Gopinath said. Peanuts Quote: Air Deccan is from Mars, Kingfisher is from Venus09-May-2007INDIA : Air Deccan: [Vijay Mallya, Chairman of Kingfisher Airlines] may want to buy the moon but the moon may not be available for sale. We are from different planets; he is from Venus, I am from Mars. We are mining the bottom of the pyramid, he is picking the cream off the top. We are good friends and enjoy drinking a beer together, but that's about all. Our vision and philosophy are totally different, Capt GR Gopinath, Managing Director. Source: AFP, 09-May-07 LCC to be created from Air India-Indian merger14-Mar-2007INDIA : Indian Government is reviewing proposals to establish a low-cost subsidiary of a merged Air India-Indian entity. Indigo expects operational profit in the next 18 months28-Feb-2007INDIA : Indigo reports average load-factors of 70% and average fares of slightly less than USD68 for its first six months of operations (Aug-06 to Jan-07). The carrier, which was targeting an average load factor of 75% and USD68 average fare, stated it was happy with its performance. IndiGo appoints new CCO31-Jan-2007IndiGo appointed Sanjay Kumar as Chief Commercial Officer (CCO). SpiceJet announces 99 paisa Freedom to Fly Fares25-Jan-2007INDIA : New Delhi, January 25, 2007: SpiceJet, the fastest growing and the most efficient low frills airline w.r.t load factor, turnaround time, high reliability & customer care has unveiled its exciting promotional offer on the occasion of 58th Republic Day of India. Under this offer, the air travelers can avail 99,999 seats at an unbelievable price of 99 paisa applicable on traveling between 15th February 2007 to 15th April 2007. These promotional seats will be available on all SpiceJet routes spanning across 14 destinations with 118 daily flights. Air India Express considers upping order for B737-800s24-Jan-2007INDIA : Air India Express is considering a significant increase to its order for B737-800s. GoAir completes one year of operations11-Nov-2006GoAir announced (11-Nov-06) it has successfully completed its first year of operations. IndiGo signs sale and lease back for its A320s07-Nov-2006IndiGo confirmed (07-Nov-06) it has signed a sale and leaseback agreement on all five A320s it currently operates. SpiceJet plans expansion from Ahmedabad18-Oct-2006SpiceJet launched Ahmedabad-Goa and Ahmedabad-Chennai services on 18-Oct-06 frequency details not disclosed. Air Deccan enters low cost airport talks13-Oct-2006INDIA : Air Deccan announced (13-Oct-06) it entered talks with GMR Group, the Andhra Pradesh and Karnataka Governments Air Deccan finalises USD100 million purchase contract13-Oct-2006INDIA : Air Deccan has assigned (13-Oct-06) a purchase contract for 60 A320s to a Special Purpose Company SpiceJet takes delivery of ninth B73711-Oct-2006Spicejet took delivery of its ninth B737-800 on 11-Oct-06 India budget airline Deccan 15 mths to June net loss 3.4 bln rupees25-Sep-2006INDIA : New Delhi (XFNews-ASIA) - India's biggest low-cost airline Air Deccan reported a net loss of 3.40 bln rupees for the 15 months to June, on turnover which it said jumped 322 pct to 13.52 bln rupees. Boeing, SpiceJet Announce Order for 10 Next-Generation 737s15-Aug-2006Seattle (BOEING) - The Boeing Company [NYSE: BA] and New Delhi-based SpiceJet today announced that the airline converted its 10 options into an order for five Next-Generation 737-800s and five 737-900ERs. GoAir orders ten A320s and expands domestically.20-Jul-2006GoAir ordered (17-Jul-06) ten A320 aircraft, with options for ten more, for delivery from 2007. GoAir expands Airbus fleet with 10 more A320s18-Jul-2006Farnborough (AIRBUS) - GoAir, 'The Fly Smart Airline' based in Mumbai, signed a purchase agreement for 10 Airbus A320 family aircraft with an option for a further ten at Farnborough air show on Monday 17th July 2006. IndiGo to launch in Aug-06.14-Jul-2006IndiGo confirmed (14-Jul-06) plans to launch domestic India LCC services on 04-Aug-06. GoAir launches home delivery.06-Jul-2006GoAir signed (06-Jul-06) a contract with ExpressIT to provide home delivery of air tickets to customers. GoAir offers higher baggage allowance for international passengers.26-Jun-2006GoAir announced (26-Jun-06) a free baggage allowance of 30 kg for international passengers traveling on GoAirs domestic Indian network. Air Deccan V2500 deal nets $170 million share for Rolls-Royce31-Mar-2006INDIA : Rolls-Royce has won a $170 million share of a follow-on order for V2500 engines from Indian low cost carrier, Air Deccan to power 30 additional Airbus A320 family aircraft. InterGlobe - Peermohammed Named Chief Financial Officer of Indigo20-Feb-2006InterGlobe Enterprises Limited has named Riyaz Peermohammed as Chief Financial Officer of IndiGo, its low-cost airline subsidiary, effective immediately. Air Deccan plans to raise up to USD300 million31-Jan-2006INDIA : BANGALORE (Air Deccan) - Air Deccan plans to raise up to USD300 million from its proposed IPO in Mar-06, subject to regulatory approval. |