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With the new wide-body aircraft, IndiGo aims to increase its international seat capacity from 27% to 30% and eventually grow its fleet to 550-600 aircraft by 2030. ....
Tensions flared up between India and Maldives following Prime Minister Modi's visit to Lakshadweep. In response to the visit, three Deputy Ministers of Maldives publicly criticised PM Modi. ....
Supply-chain glitches and engine recalls are threatening capacity expansion in the Indian aviation industry. IndiGo may have to ground a quarter of its fleet, and the sector could see a grounded fleet of around 200 aircraft by the end of the financial year. ....
According to the consultancy, India has a stable airline system led by two principal players after a long time, and “possibly for the first time since (the sector’s) deregulation”. ....
SpiceJet s resurgence, once the new funding is in place, has the potential to disrupt the Indian aviation market in 2024 as the airline will bring its grounded aircraft back to service and lease as many planes as possible to be competitively relevant, aviation consultancy firm Capa India said on Thursday.
Although the market for procuring aircraft in 2024 is exceptionally tight, we expect that SpiceJet will bring stored aircraft back into operations, and will wet or dry lease as much capacity as possible, in order to be competitively relevant.
This will have a material impact on the industry structure, and possibly on domestic profitability, Capa India said in its report. ....