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LOWFARE BUSINESS MODEL
Ronojoy Dutta to retire as IndiGo CEO, Pieter Elbers named successorRonojoy Dutta will be retiring as the Chief Executive Officer of low-cost carrier IndiGo on September 30, 2022. Pieter Elbers has been appo...- IndiGo shelves plan to launch dual-aisle flights to EuropeThis would delay low-fare flights to London, Paris and other cities in Europe for Indian fliers by another three years. The official added ...
- SpiceJet rallies 7% even as DGCA spikes Re 1 ticket offerSpiceJet's Re 1 ticket offer may have earned the carrier a stern cease-and-desist warning from the aviation regulator, but the stock is on ...
- SpiceJet floats Re 1 ticket, DGCA shoots it downThe carrier shot back that the offer can’t be predatory as it has only a 20% share of the market and that it clearly told customers that se...
- Tata Sons to hold 51% stake in the JV with Singapore AirlinesThe Tatas will own 51% of the joint venture, with Singapore Airlines holding the remainder. They plan to jointly invest $100 million initia...
- AirAsia ties up with Tatas to start airline in India, Malaysian budget carrier to hold 49% in JVAirAsia has applied to FIPB to take 49% in a venture with Tata Sons & Arun Bhatia's Telestra Tradeplace Pvt Ltd, the low-fare carrier said.
- GR Gopinath's Deccan Charters faces severe crisis; puts entire fleet of aircraft on saleCaptain GR Gopinath, the promoter of Deccan Charters, has put his entire fleet of aircraft on sale and fired dozens of employees.
- Airlines in India fix prices, Federation of Indian Airlines works as cartel: GR Gopinath, Founder, Air DeccanIn a scathing attack against domestic carriers on price manipulation, GR Gopinath said airlines in India fix prices and the FIA works as a ...
- Jet Airways merges JetLite with JetKonnectJet Airways today said, effective March 25, its low-cost arm JetLite will cease to operate, after being merged with the other no-frills bra...
- Weighed down by fuel costs, huge competition; Jet Airways may dump 10% staffJet Airways may cut up to 10% of its workforce as it grapples with a relentless rise in fuel costs and intense competition on key routes fr...
- Vijay Mallya-led Kingfisher to exit low-fare business model Kingfisher RedRising losses and cut-throat competition have forced Kingfisher to dump the low-fare business model and focus instead on catering to the pr...
- Gopinath starts tariff war in air cargo sectorAir Deccan founder GR Gopinath is replicating his low-fare model in the air cargo venture. Taking rival Blue Dart head on, Mr Gopinath has ...
- Gopinath to try low-fare model for Deccan 360Air Deccan founder GR Gopinath is replicating his low-fare model in the air cargo venture. Taking rival Blue Dart head-on, Mr Gopinath has ...
- Air India to become a low-fare carrierAny bailout will come only if Air India is able to shed its flab
- Air India mulling no-frill service through AIE domesticallyAfter domestic private air-carriers, Jet Airways and Kingfisher launched their all- economy services to tap low-cost travellers, state-run ...
- Fly Kingfisher Red, get free meals tooThe low-cost airline is now serving hot meals and juices to its passengers at no extra cost while full-service airlines like Jet Airways an...
- MDLR Airlines plans major route network expansionUnfazed by the downturn in avaition sector, low-fare regional carrier MDLR Airlines plans to expand its route network, connecting major cit...
- Malaysia Airlines withdraws AirAsia chief Fernandes's perksMalaysia Airlines has withdrawn discount privileges it had given to the boss of rival carrier AirAsia, as a war of words between the two co...
- Fly Delhi-Shimla, pay congestion surcharge for Mumbai-New DelhiAirlines in India are making domestic passengers who fly on short routes, say Delhi to Jaipur, subsidise those travelling longer routes, na...
- Mallya proposes, Gopinath disposes"Mallya may want to buy the moon but the moon may not be available for sale," said the Air Deccan chief.
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