Cricket From India, joined Aug 2005, 2960 posts, RR: 7 Posted (4 years 4 months 1 week 5 days 2 hours ago) and read 3418 times:
This is a breaking news update on all TV channels. The Federation of Indian Airlines minus Air India has decided to 'boycott' all domestic operations on August 18. Vijay Mallya of IT was quoted on CNBC-TV18.
EDIT: This is f******** insane, I don't know if blackmail is the term but I sincerely hope that this silly coalition stared by Vijay mallya and Naresh Goyal breaks. And I hope Indigo breaks it.
Nimish From India, joined Feb 2005, 3140 posts, RR: 9 Reply 2, posted (4 years 4 months 1 week 5 days 1 hour ago) and read 3319 times:
Pretty silly IMO. I don't know what VJM thinks about himself, but he has to play in the current market, where everyone pays high taxes and so on. Sure the GoI should do something about setting a policy which treats aviation as a critical infrastructure, but he's not loosing money only due to this reason...
Cricket From India, joined Aug 2005, 2960 posts, RR: 7 Reply 8, posted (4 years 4 months 1 week 4 days 11 hours ago) and read 2954 times:
Weirdly enough, one complaint is semi-legitimate. If AI is saved with a cash injection, shouldn't we be to? Is what they are arguing. I don't know but I think PP put some of them up to this. Either that or this will scupper the AI rescue!
Aviationbuff From India, joined Mar 2008, 1425 posts, RR: 3 Reply 9, posted (4 years 4 months 1 week 4 days 5 hours ago) and read 2861 times:
What they are looking for. They spend lavishly, make ambitious plans and wants govt. to bail them out from the tax-payers money for their losses. Do they share their profits similarly or adopt several villages and develop it when profitable.
Aviationbuff From India, joined Mar 2008, 1425 posts, RR: 3 Reply 10, posted (4 years 4 months 1 week 4 days 4 hours ago) and read 2831 times:
Quoting Cricket (Thread starter): This is a breaking news update on all TV channels. The Federation of Indian Airlines minus Air India has decided to 'boycott' all domestic operations on August 18. Vijay Mallya of IT was quoted on CNBC-TV18.
Quote: According to a PTI report, state-run oil firms yesterday increased jet fuel prices marginally by 1.6 per cent due to rising international oil prices. ............ The increase follows a sharp 5.7 per cent cut in jet fuel prices two weeks ago.
Quote: Civil Aviation Minister Praful Patel on Sturday said that the government would not bailout private airlines. Private airlines ganged up and decided to suspend operations on August 18 if the government did not help them cut costs
Patel advised the private carriers to withdraw their strike call on August 18. He stated, "Passengers interest would be safeguarded and DGCA would take action if needed."
Air India will increase the number of flights to reduce inconvenience to passengers, Mr Patel said. It is not known if Paramount Airways will join its private sector peers in the strike.
The minister said that the ATF tax was an issue even before the private carriers started operations. Painting a desperate picture of their situation, industry lobby body Federation of Indian Airlines (FIA) said unless the government helps them by lowering taxes on jet fuel and bringing down airport charges, their survival is in doubt.
But the strike threat by Jet Airways, Kingfisher Airlines, SpiceJet, IndiGo and GoAir, which between them carry about one lakh passengers daily, was interpreted as a pressure tactic by a senior official in the civil aviation ministry.
I think it's always been clear that not all of these carriers would survive. Simply the nature of competition in a growing market.
I agree with you here. The smartest thing, IMO, would be for some merging to occur. 9W and IT wouldn't be a bad idea. Then you would two major Indian legacies competing against each other which would be far healthier than the current bloodbath that is going on at the moment.
LeftWing From Singapore, joined Mar 2006, 284 posts, RR: 0 Reply 15, posted (4 years 4 months 1 week 3 days 23 hours ago) and read 2681 times:
Agree with them on a few points....
ATF tax needs to go now
5 yrs block for intl flts needs to go...while Fly Dubai & Air Arabia come in capture the market
Airports need to be revamped ... holding at 10000 for 20 mins everyday no airline can make a profit...
AI should be allowed to die a normal death unplug them....
Indian pilots / engineers are getting jobs in Intl airlines they are stuck due to a 6 mth notice issued by DGCA...this was valid when there was a shortage....now there is a surplus of pilots and engineers...
Cricket From India, joined Aug 2005, 2960 posts, RR: 7 Reply 18, posted (4 years 4 months 1 week 2 days 22 hours ago) and read 2438 times:
I have a feeling that PP engineered all of this, gets the heat off him for the AI mess... Puts pressure on the government to remove some hurdles such as the ATF tax and also the 5-yr barrier. Nothing will happen, the flight cutbacks are already hurting everyone. Choosing flights are a pain nowadays daily returns on the same route are almost impossible other than metro routes. The airlines do need help, maybe this was a way to get attention. Well...
Quote: Over the weekend, however, MDLR Airlines, Paramount Airways, SpiceJet, and Indigo all said that they would continue to have flights on 18 August. State-owned Air India, which is a member of the association, said that it would not participate and added that it would operate additional services on that day if necessary. That left only Jet and Kingfisher, and they too have decided to call off the action.
The drama is over. I wonder how many passengers would have suffered on that day finally its good for the passengers.
During the entire scenario, probably the govt. might have given some assurance to the airlines.
Cricket From India, joined Aug 2005, 2960 posts, RR: 7 Reply 23, posted (4 years 4 months 6 days 22 hours ago) and read 1977 times:
Here is the surprising thing - the low-cost airlines - Indigo and SpiceJet withdrew pretty much instantly. I was wondering if they planned to advertise their 'resistance' to strike. I'm also surprised that the airlines haven't started a PR campaign to 'narrate' their ills - through adverts and all.