Category Archives: Aviation

Ashwani Lohani is the new CEO, Services Business at GMR Group

Ashwani Lohani, Former CMD Air India and Chairman of the Railway Board, has joined as Chief Executive Officer (CEO) for GMR Group’s Services Business (which includes railways). Lohani had recently joined as the Chairman of Andhra Pradesh Tourism Board. The latest move could be a good news for GMR, as it was looking at expanding its wings in the Railways sector by showing its interests in the private train project, station redevelopment plans and dedicated freight corridors (DFC).

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Airports need to attract more non-stop, long-haul services: CAPA India

In its webinar, ‘Reinventing the Airport Business Model in India’, CAPA India said that the current crisis must force a re-think and re-invention of the airport business model over the next five years. To increase aero and non-aero revenue, airports need to attract more non-stop, long-haul and wide-body services. Post-COVID, passengers may prefer non-stop flights instead of flights via a hub. CAPA India also talked about the need to reinvent the approach to route development, which should be more holistic and include forward bookings, travel search trends, consumer survey and travel trade research. 

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Travellers holding on to Indian bookings: ForwardKeys

Latest data on future bookings to India by ForwardKeys suggests that whilst there is no upward surge in tickets for November, travellers are generally holding onto their tickets. Ticketing history also tells the same story. Olivier Ponti, VP Insights says, “Bookings are flat as we can see a ‘wait and see attitude’ taking place, however, we expect the situation will evolve when people get more clarity regarding travel restrictions.”

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Complexity in setting up travel bubbles, need to assess the risks: Mario Hardy

Dr Mario Hardy, CEO, PATA, has said that, while travel bubbles and green corridors are a great idea, but there is a lot of complexity involved in setting them up. “It is not a simple task. There are bilateral agreements involved between the two countries. It’s not only the immigration department involved but also health departments and ministries of health of the respective destinations. However, the countries need to agree to have enough trust in the healthcare system of the respective destinations to allow people to travel across their borders.”

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Airlines lose cash influx with consumers using travel vouchers

IATA has reported that intra-EU passengers have used many vouchers, issued since mid-March 2020 in lieu of refunds, to pay for travel between 15-Jun-2020 and 15-Jul-2020. Airlines are now incurring the deferred cost of transporting these passengers against limited or zero new revenues. IATA stated, “Whilst the issuance of vouchers helped decelerate cash burn a few weeks ago, their use will now accelerate cash burn in the coming months’. The data is based on IATA’s Billing and Settlement Process, which underestimates the use of vouchers because it does not record vouchers as exchanges in all cases.

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