Category Archives: Aviation

UK-India aviation market set for further growth; start-ups prepare to launch: CAPA

The UK-India market has recovered strongly from the COVID-19 pandemic. In the week commencing 16-May-2022, seat capacity in this market is at 94% of the equivalent week of 2019. This compares with a figure of 84% for the total Europe market and just 42% for the market between Europe and all of Asia Pacific. It is also ahead of the total UK market, which has recovered to 85%, and India’s international market, which is at 87% (although its domestic market is at 105%). After Jet Airways’ demise in 2019 the leading incumbents Air India, British Airways and Virgin Atlantic began to expand into the gap it left. The pandemic interrupted this, but the new entrant Vistara began operations in this market in 2020 and the incumbents have now resumed growth. The low cost long haul start-up ‘flypop’ could also soon be ready to enter, as too could another start-up: Hans Airways.

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80 new airports by 2025 would need 25,000 more hotel rooms: NOESIS

Nandivardhan Jain, CEO, NOESIS, has said, “If 80 new airports by 2025 come, then this will give a massive boost to the hospitality sector as there will be demand for 25,000 more hotel rooms in these markets. Subject to concerned authorities successfully managing to plan & build hospitality districts around these airports, the effective implementation of local tourism programs at these destinations will lead to an opportunity to create millions of job opportunities.”

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India will need 1,960 single-aisle airplanes over the next 20 years

Findings of a report on the aviation from Infomerics suggested that in India, single-aisle airplanes such as the 737 family will continue to drive growth in domestic and regional markets, such as short-haul flights from India to the Middle East and Asia-Pacific regions. Indian operators will need 1,960 new single-aisle airplanes over the next 20 years. Single-aisle airplanes cover 64 percent of the global passenger jet fleet, which is likely to rise to 68 percent in the next 8-10 years 

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Air traffic not to reach pre-COVID-19 levels till Q2 2025: Bain & Company

In its Global airline revenue forecast, Bain & Company have said that they don’t expect air traffic to return to pre-pandemic levels until the second quarter of 2025. “One notable shift in the global landscape is the link between Covid-19 infection rates and air traffic has become less linear; recently, infection rates have been rising in many countries, but travel volume (particularly inbound from other countries) now depends mostly on local Covid-19 policies,” stated the report.

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International travel recovery in first and business class faster than in economy: Willie Walsh, IATA

Willie Walsh, Director General, IATA has said that international travel in first and business class is recovering faster than in economy, when it comes to international travel. “I think that points to a very important sector for the market which we call premium leisure and I expect premium to continue to recover quickly,” he said.

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Nok Air signs Dex Group as India GSA, to fly non-stop between Thailand and India from winter 2022

Nok Air has appointed DEX GROUP as its General Sales Agent (GSA) in India. Also, the Thai carrier will launch non-stop services between Thailand and India from winter 2022. Nok Air, will connect India to Thailand, via its hub at Don Mueang International Airport (DMK) in Bangkok. The new routes will be operated by state-of-the-art Airbus 737-800 with 189 seats

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Air France-KLM and IndiGo implement their extensive codeshare

Further to the lifting of the Air Bubble Agreement in India and to the necessary governmental approval, Air France-KLM and IndiGo, India’s leading carrier, have implemented the extensive codeshare agreement announced in December 2021. With this partnership, Air France and KLM will ultimately offer their customers access to 30 new Indian destinations and a large number of round-trip combinations for both business and leisure purposes. Customers will be able to fly to the destination of their choice with one single booking. Flying Blue members will also be able to earn miles on all routes covered by this agreement. On departure from their respective hubs in Paris and Amsterdam, Air France and KLM already serve four destinations in India: Delhi, Mumbai, Chennai and Bengaluru. On departure from the multiple points in India, Air France and KLM will open up their global network of over 300 destinations to IndiGo customers, with more than 120 destinations in Europe and about 50 in the Americas. Henri de Peyrelongue, EVP Commercial Sales Air France-KLM stated: “We are very proud at Air France-KLM to be the first major European airline group to initiate cooperation with IndiGo. This codeshare agreement will allow us to increase our local footprint and to improve connectivity between India – one of the fastest growing markets – and the rest of the world, via our Paris-Charles de Gaulle and Amsterdam-Schiphol hubs. For our customers this means an enhanced network with as many as 30 new destinations in India, as well as increased roundtrip possibilities for both business and leisure travel.” Sanjay Kumar, Chief Strategy & Revenue Officer, IndiGo said, “We are pleased to commence the partnership with one of the strongest European …

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SriLankan Airlines records first fourth quarter profit since 2006

SriLankan Airlines has recorded its first profitable fourth quarter (Q4) since 2006 for the financial year that ended on 31 March 2022 with a group net profit of USD 1.7 million despite pandemic challenges. SriLankan’s expansion initiative saw the launch of flights to several new destinations in the last year including Seoul; Moscow; Kathmandu and Paris. Frequencies were also gradually increased across the airline’s network in line with the recovery of the global travel industry and demand. The airline has also carried out major campaigns to boost tourism to the country including a major initiative in India, roadshows supporting new routes and most recently sponsoring the popular French annual adventure trail, Raid Amazones, in March of this year. The airline is now back to 75 per cent of the passenger revenue it made pre-pandemic in Q4 of 2019-20. Correspondingly, passenger numbers also rose to near 700,000 for the quarter. Ashok Pathirage, Chairman of SriLankan Airlines stated, “I am pleased to note that we ended 2021-22 on a high note, given our first quarterly profit in many years. The passenger demand remained strong, and revenues continued to recover from the setbacks of the pandemic during the quarter. Our annual expenditure remained within expectations. I am thankful to all our valued employees for contributing towards this achievement.” “We anticipate some headwinds in the first half of this financial year with high fuel prices and a short-term dip in demand to Sri Lanka. We have factored in these challenges and are working towards minimizing the impact with a strong business plan and a sound turnaround strategy to return to full-year profitability. Traffic is expected to recover fully by the end of the year …

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