Tag Archives: India

Sri Lanka is emerging as a high potential incentive destination and corporate venue for employee incentive trips and business meetings, having witnessed an impressive growth of over 15 per cent YOY, with over 233,000 MICE visitors from India in the past six years, according to data from the Sri Lanka Tourism Development Authority. Thomas Cook (India) recently hosted an exclusive corporate event in collaboration with Sri Lanka Convention Bureau and SriLankan Airlines to harness the demand for MICE travel to Sri Lanka across mid and large Indian corporates and SMEs. TCI’s internal research and consumer analysis reiterates the significant and growing opportunity of India’s corporate segment, with interest for Sri Lanka as a MICE destination having grown by 15-20 per cent YOY over the last three years. The exclusive corporate event in Mumbai was attended by the crème de la crème of the corporate world, Saroja Siresena, The Consul General of Sri Lanka in Mumbai, and Bollywood celebrity Jacqueline Fernandez.

India continues to lead all markets with a 23.3 per cent rise in domestic traffic in June, propelled by strong growth in real consumer spending as well as by the fact that airlines are adding airport pairs and frequencies. This was revealed in International Air Transport Association’s (IATA) global passenger traffic data for June. Demand for domestic travel climbed 5.7 per cent this June compared to June 2015, while capacity increased 4.3 per cent, causing load factor to rise 1.1 percentage points to 83.2 pre cent. All markets reported demand increases with the exception of Brazil. Domestic RPKs account for about 36 per cent of the total market. The global passenger traffic data for June showing that demand (measured in revenue passenger kilometers or RPKs) rose by 5.2% compared to the year-ago period. This was up slightly from the 4.8% increase recorded in May (revised). However, the upward trend in seasonally-adjusted traffic has moderated since January. June capacity (available seat kilometers or ASKs) increased by 5.6%, and load factor slipped 0.3 percentage points to 80.7%. “The demand for travel continues to increase, but at a slower pace. The fragile and uncertain economic backdrop, political shocks and a wave of terrorist attacks are all contributing to a softer demand environment,” said Tony Tyler, IATA’s Director General and CEO.

The Union Cabinet has approved signing of the Air Services Agreement between India and Mozambique. Presently there is no Air Services Agreement between India and Mozambique. To promote the air connectivity between the two countries, the two sides initiated the process of consultation in 2011 to finalize the text of Air Services Agreement. The draft text of the Air Services Agreement (ASA) has been finalised in consultation with Ministry of Finance (Deptt. of Revenue/Deptt. of Economic Affairs), Ministry of External Affairs and Ministry of Law & Justice (Deptt. of Legal Affairs). The major features of the Agreement include multiple designation of airlines by each party. The designated airline of each party can enter into cooperative marketing arrangements with the designated carriers of same party, other party and that of a third party. This agreement allows designated airlines of either countries to establish offices in the territory of other country for the promotion and sale of air services. The designated airlines of the two countries shall have fair and equal opportunity to operate the agreed services on specified routes. Apart from the above, the ASA also has the provisions relating to revocation or suspension of operating authorisation, principles governing operations of agreed services, commercial opportunities, safety and security related clause etc. that were incorporated in the line of Indian model ASA.

India is the fastest-growing business travel market in the world along with Indonesia and will average double-digit growth in business travel spending over the next five years, According to the GBTA BTI™ Outlook – Annual Global Report & Forecast, a new report released today by the GBTA Foundation, sponsored by Visa. However, at $291 billion, China has surpassed the United States as the largest business travel market in the world in 2015.

With annual growth of 18.8 per cent (in a market of 80 million domestic passengers), India’s performance surpassed that of Russia (11.9 per cent growth, in a market of 47 million domestic passengers), China (9.7 per cent growth, in a market of 394 million domestic passengers) and the United States (5.4 per cent growth, in a market of 708 million domestic passengers), as per International Air Transport Association’s (IATA) industry performance statistics for 2015. This information was included in the recently released 60th Edition of the World Air Transport Statistics (WATS), the yearbook of the airline industry’s performance. “Last year airlines safely carried 3.6 billion passengers— the equivalent of 48% of the Earth’s population—and transported 52.2 million tonnes of cargo worth around $6 trillion. In doing so, we supported some $2.7 trillion in economic activity and 63 million jobs,” said Tony Tyler, IATA’s Director General and CEO. Airlines in the Asia-Pacific region once again carried the largest number of passengers with a 34 per cent market share (1.2 billion passengers) registering an increase of 10 per cent compared to the region’s passengers in 2014.

Bird Travels has been appointed as the GSA for Avianca Brazil in India. “We are very delighted to represent and promote Avianca Brazil as their GSA in India. Avianca is a member of Star Alliance covering 22 domestic and one international destination with over 200 daily flights. It has a modern fleet of 41 Airbus aircraft. The major hub airports are Rio de Janeiro, Sao Paulo, Salvador. In India we are also entering the BSP very soon for wider distribution,” said Praful Khosla, Executive Vice President, Bird Travels.

India may soon roll out a long-term multiple-entry comprehensive visa by merging tourist, business, medical and conference visas into one to attract more visitors and boost trade. Tourists, businessmen or people coming for treatment or to attend conferences or even for film shoots can be covered under the proposed new category, which was first mooted by the commerce ministry following a suggestion by the Prime Minister’s Office (PMO) to boost services trade. The long-term, multiple-entry visa is likely to be given up to 10 years but under this category the visitor will not be allowed to work or stay permanently, a government official, who is part of the deliberations, said. As per the proposal, if a foreigner is granted long-term, multiple-entry non-working or non-permanent stay visa and his or her stay is restricted to 60 days on a visit, the government may waive the visa fee as well. However, the visitors have to give biometric details and fulfill certain security obligations, the official said. The home ministry is working on the proposal and, hopefully, it will be implemented soon, the official said. The plan is part of the commerce ministry’s initiatives to boost India’s services trade. Source: PTI

POP, the new low-cost, long-haul airline on the anvil, plans to operate non-stop flights from the UK to Amritsar (ATQ) and Ahmedabad (AMD). POP directly targets these whilst offering the business sector two new routes with a tailored, non-stop service. The needs of the VFR and leisure/tourism markets will be met at affordable prices that will ensure market penetration by word of mouth. Nino (Navdip) Singh Judge, Chairman and Principal of POP, commented: “POP is different – it is going to be a UK airline whose DNA is Indian. The Punjabi and Gujarati communities in both the UK and India historically have had strong family and business connections and that desire for both communities to keep in touch and visit each other has not abated over the years. Add to that India’s booming economy and the rise of the middle classes – including the expansion in their numbers, their larger disposable income, their increasing spending power and their insatiable desire to travel all means there are vast numbers of potential passengers waiting for an airline like POP to offer them the opportunity to fly. Combine the fact that passengers are contributing to the improvement of their own society in both the UK and India – perhaps even helping a village or an individual known to them personally – means there is an excellent chance for POP’s two proposed routes to Amritsar and Ahmedabad of being a great success.” Currently flights between the UK and India are predominantly between London Heathrow and just two main destinations, Mumbai and Delhi, and three supporting ones, Bengaluru, Chennai and Hyderabad. There are also a number of indirect UK to India routes through the Middle …

The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi has approved the signing of Air Services Agreement between India-Taipei Association in Taipei (India’s representative office in Taiwan) and Taipei Economic and Cultural Center in India (Taiwan’s representative office in India). Presently there is no formal Air Services Agreement between India and Taiwan and the Air Services are governed by an MoU exchanged between Air India Charters Limited (AIRL) and Taipei Airlines Associations (TAA). The Air Services Agreement signifies an important landmark in the civil aviation relations between India and Taiwan, and has the potential to spur greater trade, investment, tourism and cultural exchanges between the two parties.

India will soon open its sixth consulate in Seattle to cater to the needs of large number of Indian-Americans living in the North West part of the US. “We hope to open a new Indian consulate in Seattle,” Indian Foreign Secretary S. Jaishankar said after the conclusion of the talks between Prime Minister Narendra Modi and US President Barack Obama at the White House. This was reflected in a joint statement issued after Modi-Obama talks. “Both sides committed to open additional consulates in each other’s country. India will be opening a new consulate in Seattle and the US will open a new consulate at a mutually agreed location in India,” the joint statement said. Apart from its embassy in Washington, India currently have consulates in New York, San Francisco, Chicago, Houston and Atlanta.