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Indian Aviation Thread: Part 95  
User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Posted (2 years 8 months 4 days 18 hours ago) and read 21995 times:

The fact that Mallaya is unable to get a private investor makes me uneasy about LIC buying any stake. The banks, who collectively own 23%, bought their stake by turning some of the debt into equity at a much higher price than the current share price. It is looking more like a backdoor bailout to me with Mallaya using his influence with GOI to put pressure on banks and LIC to buy equity. Link to the blog below:
http://avindia.blogspot.com/2011/11/...nudges-lic-to-buy-10-stake-in.html

Quote:
In an interesting turn of events, the government has decided to ask the Life Insurance Corporation (LIC) to consider picking up 10 per cent stake in the troubled Kingfisher Airlines.

“The government has asked LIC to consider it, but the final decision will be taken by the insurer,” said an official familiar with the development. “If a company like LIC, the largest domestic institutional investor, puts money in Kingfisher Airlines, it will give confidence to the lenders as well,” he added

Going by the present market valuation, it could be quite a buy for LIC, as the airline’s share price has tanked 62 per cent in the current financial year to Rs 24.95($5) a share on Friday from Rs 66.05 on April 1. Going by the present market value, LIC would be required to invest Rs 124 crore($25 million) for 10 per cent stake. An LIC official said the institution was yet to take a call but it was an option.

201 replies: All unread, showing first 25:
 
User currently offlineJoeCanuck From Canada, joined Dec 2005, 5402 posts, RR: 30
Reply 1, posted (2 years 8 months 4 days 16 hours ago) and read 21934 times:

What is the value of Kingfishers assets?


What the...?
User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Reply 2, posted (2 years 8 months 4 days 15 hours ago) and read 21918 times:

As per recent reporting (Sept. 2011), the book value of Kingfisher equity is around $480 million. Its outstanding long-term loan is about three times its equity. Going by the reported valuation of 10% stake for LIC, market value of its equity should be around $250 million.

However, all of its equity value(book) is driven by $650 million of deferred tax asset on its book. If the company is liquidated, and not bought by an investor who can utilise the deferred tax asset, the company ends up with negative equity(book value terms).


User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Reply 3, posted (2 years 8 months 4 days 8 hours ago) and read 21801 times:

A blog speculates about an investor for Kingfisher.
http://avindia.blogspot.com/2011/11/...ngfishers-latest-white-knight.html

Quote:
The latest to "join" the race is Malvinder Singh, promoter of financial services firm, Religare, and healthcare company Fortis. Speculation is rife that Singh is likely to invest in Kingfisher. Religare, owned by Malvinder and his brother Shivinder, already runs an aviation arm, Religare Voyages, a chartered flight operator. Recently, the civil aviation ministry issued a no-objection certificate to Religare Voyages and the company is likely to start operations soon.


User currently offlineJOYA380B747 From India, joined Mar 2005, 489 posts, RR: 1
Reply 4, posted (2 years 8 months 4 days 6 hours ago) and read 21772 times:

Govt may infuse 30,000cr into AI

The report says:
"....panel of secretaries has voted in favour of providing support of Rs 30,000 crore to Air India besides exploring the possibility of disinvesting government stake once it turns profitable."

Another report Govt may consider strategic sale of Air India after turnaround

I have doubts as to how the privatisation of AI, especially after Govt infusing such a lot of money and then selling it, will happen at all considering the imminent resistance against it, especially from within the Ministry.

Fingers crossed!



If it wasn't for AI and those money mongers sitting in the parliament, 9W would have been as big as SQ...:(
User currently offlinekiwiandrew From New Zealand, joined Jun 2005, 8539 posts, RR: 13
Reply 5, posted (2 years 8 months 4 days 6 hours ago) and read 21766 times:
Support Airliners.net - become a First Class Member!

Quoting JOYA380B747 (Reply 4):
The report says:
"....panel of secretaries has voted in favour of providing support of Rs 30,000 crore to Air India besides exploring the possibility of disinvesting government stake once it turns profitable."
Quoting JOYA380B747 (Reply 4):
I have doubts as to how the privatisation of AI, especially after Govt infusing such a lot of money and then selling it,

Looking at the last four words in the quote you provided I wouldn't think that we need to give too much thought to privatisation any time soon.



Moderation in all things ... including moderation ;-)
User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Reply 6, posted (2 years 8 months 3 days 19 hours ago) and read 21641 times:

DIPP circulates draft Cabinet note on 26% FDI in airlines by foreign carriers. Anyone have an idea how long this approval process will take?
http://www1.economictimes.indiatimes...-carriers/articleshow/10830926.cms

Quote:
With Kingfisher and several other airlines landing into dire straits, the Industry Ministry has moved a draft Cabinet note on allowing 26 per cent FDI by foreign airlines in the domestic carriers.

The DIPP feels anything below 26 per cent would not attract strategic investment from the foreign airlines. Investor with 26 per cent or more holding is considered strategic, as he can have say in the policy decision of a corporate entity under the Indian company laws. An investor with 26 per cent support can block a special resolution in board of directors for policy change.

At present, FDI in domestic passenger airlines is allowed up to 49 per cent by overseas entities, other than the foreign airlines. Non-resident Indians can invest 100 per cent. "Obviously the policy has not worked and it needs changes..." the official said.


User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Reply 7, posted (2 years 8 months 2 days 15 hours ago) and read 21463 times:

It seems that Indigo is not happy with the recent proposal to help struggling carriers by relaxation of ban on foreign airline investment in Indian carriers. It is understandable that Indigo would like to see Kingfisher get weaker and not be helped by a foreign airline.

However, the GOI's proposal to relax ownership rules will be beneficial for the aviation industry and consumers in the long run. Even a well run and profitable airline like Indigo may benefit from this proposal in the future.

http://avindia.blogspot.com/2011/11/...nment-shouldnt-put-premium-on.html

Quote by co-founder of Indigo:
"I feel strongly about it that just because certain constituents of the industry may have issues with their business, the government is prepared to go as far as changing policy. It almost sounds like we are sponsoring premium on inefficiency and I principally struggle with that."


User currently offlineJoeCanuck From Canada, joined Dec 2005, 5402 posts, RR: 30
Reply 8, posted (2 years 8 months 2 days 13 hours ago) and read 21427 times:

Quoting LAXDESI (Reply 7):
However, the GOI's proposal to relax ownership rules will be beneficial for the aviation industry and consumers in the long run. Even a well run and profitable airline like Indigo may benefit from this proposal in the future.

I agree. So far, it seems like AI has had the inside track to capital. Now, any airline can negotiate financing deals of their own.

It's not a huge step...but it's a good start.



What the...?
User currently offlineCRJ900X From Canada, joined Dec 2006, 197 posts, RR: 0
Reply 9, posted (2 years 8 months 2 days 10 hours ago) and read 21375 times:

How are the Q400's working out for Spicejet so far? Is the dispatch reliability what the carrier expects? Also, does anyone know if Spicejet will exercise the options on the additional 15 options they posses?

Cheers,
CRJ900X


User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Reply 10, posted (2 years 8 months 2 days 10 hours ago) and read 21365 times:

Quoting CRJ900X (Reply 9):
How are the Q400's working out for Spicejet so far? Is the dispatch reliability what the carrier expects? Also, does anyone know if Spicejet will exercise the options on the additional 15 options they posses?

Don't know anything about dispatch reliability, but it has been reported that SpiceJet has gained market share due to induction of Q400s.

Indian domestic market is growing at 18% and SpiceJet's strategy of utilising Q400s to connect 2nd tier cities to metros and other 2nd tier cities through a hub like HYD should pay dividends in the long run.

I don't know if SpiceJet has considered CS300, but given 189 seats in its B738, I wonder if it could use a 145 seat CS300 for some long/thin routes many years down the road.


User currently offlineJOYA380B747 From India, joined Mar 2005, 489 posts, RR: 1
Reply 11, posted (2 years 8 months 2 days 8 hours ago) and read 21328 times:

Quoting CRJ900X (Reply 9):
How are the Q400's working out for Spicejet so far?

Are all the Q400s to be deployed only in and around South India? What about the North and more importantly the East? Till now the only LCC running turboprops on the eastern routes were KF Red but with they changing to full fledged KF, I wonder whether SG will make a go at these North-Eastern airports.
The Q400s seem a good marketing bet, esp for an LCC like SG....   



If it wasn't for AI and those money mongers sitting in the parliament, 9W would have been as big as SQ...:(
User currently offlineKaran69 From India, joined Oct 2004, 2883 posts, RR: 18
Reply 12, posted (2 years 8 months 1 day 22 hours ago) and read 21228 times:

Quoting LAXDESI (Reply 10):
I don't know if SpiceJet has considered CS300, but given 189 seats in its B738, I wonder if it could use a 145 seat CS300 for some long/thin routes many years down the road.

Would make better sense to go for 150 seater 737-700 given commonality pilot training costs etc, however the modern CS300 may have its advantages but i bet the family benefits of the 73G will far out way the disadvantages to the CS300 maybe you can do one of your famous analysis assuming a fleet size of 10

Karan


User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Reply 13, posted (2 years 8 months 1 day 15 hours ago) and read 21119 times:

Quoting Karan69 (Reply 12):
Would make better sense to go for 150 seater 737-700 given commonality pilot training costs etc, however the modern CS300 may have its advantages but i bet the family benefits of the 73G will far out way the disadvantages to the CS300 maybe you can do one of your famous analysis assuming a fleet size of 10

I agree with you that commonality will be a major factor in favor of B73G(MAX) if SpiceJet were to ever consider 140-150 seat aircraft. But I can also see the possibility of an aggressive BBD offering a great deal to gain traction with a large order from SpiceJet.

B73G(MAX) is expected to weigh 7,000-8,000 lbs.(9-10%) more than CS300 with additional disadvantages of a lower tsfc engine along with inferior aerodynamics. Even with 5 seat advantage to B73G(MAX), I expect CS300 to have a GSM(gallon seat mile) and GTM(gallon ton mile) that is lower by about 13%. That, IMO, is a large enough advantage to offset commonality issue if the fleet size is around 15-20.

An 150 seat aircraft can also be an excellent platform to connect many 2nd tier cities in India with destinations in ME(DXB), SE(SIN,BKK) and NE(HKG) Asia.

I have not done the analysis, but I wouldn't be surprised if CS300 has competitive numbers against the much larger B738(MAX) accounting for its lower GSM and weight related airport charges.


User currently offlinefreqflyer From India, joined Apr 2006, 99 posts, RR: 0
Reply 14, posted (2 years 8 months 23 hours ago) and read 21000 times:

Quoting JOYA380B747 (Reply 11):
Are all the Q400s to be deployed only in and around South India? What about the North and more importantly the East?

SG was supposed to start in the West - intra Gujarat flights - by Dec 9, but there seems to be no kind of publicity on that front , so it seems to be delayed/cancelled. Maybe BLR will get the Q400s before AMD.


User currently offline777way From Pakistan, joined Dec 2005, 5716 posts, RR: 4
Reply 15, posted (2 years 8 months 2 hours ago) and read 20794 times:

DEL rumored to be one of the destinations Alitalia may return to next year in related thread.

User currently offlineHAWK21M From India, joined Jan 2001, 31667 posts, RR: 56
Reply 16, posted (2 years 7 months 4 weeks 1 day 3 hours ago) and read 20613 times:



G-BMRJ is BLR Based for Three Months......



Think of the brighter side!
User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Reply 17, posted (2 years 7 months 4 weeks 14 hours ago) and read 20487 times:

PM promises help to embattled private airlines, remains silent on direct investments by foreign carriers. It doesn't seem that PM is inclined to fast track foreign airline investment proposal, so Mallaya and others would have to look to local investors or non-airline foreign investors for now.
Link to the blog:
http://avindia.blogspot.com/2011/11/...ses-help-to-embattled-private.html

Quote:
Prime Minister Manmohan Singh promised to help the bosses of India's embattled private airlines but stopped short of commenting on a key demand of at least three of them - permission for investments by foreign airlines. The PM said the matter was under consideration, said an official who attended the meeting on Saturday.

The half-an-hour meeting began at 10:45 am at Singh's residence, 7 Race Course Road, and was attended by IndiGo promoter Rahul Bhatia and president Aditya Ghosh, Jet Chairman Naresh Goyal, Kingfisher Airlines CEO Sanjay Aggarwal, SpiceJet CEO Neil Mills, GoAir promoter Jeh Wadia and government officials.


User currently offlineLAXDESI From United States of America, joined May 2005, 5086 posts, RR: 48
Reply 18, posted (2 years 7 months 4 weeks 7 hours ago) and read 20405 times:

Ajit Singh likely to get civil aviation portfolio. Does anyone have a feel for his worldview on economic policy?
http://avindia.blogspot.com/2011/11/...-likely-to-get-civil-aviation.html

Quote:
The Congress party and the Rashtriya Lok Dal (RLD) are likely to soon announce a pre-poll alliance, an arrangement that could see RLD chief Ajit Singh getting the civil aviation portfolio, two Congress leaders told ET on the condition of anonymity. A formal announcement could be made in the next couple of weeks, they said.

Singh, whose party is influential in Western UP, is believed to have asked for a significant Cabinet portfolio for himself and has indicated a preference for either commerce and industry, food and civil supplies or civil aviation, the leaders quoted earlier said.


User currently offlinebrahmin From United States of America, joined Dec 2007, 75 posts, RR: 0
Reply 19, posted (2 years 7 months 4 weeks 7 hours ago) and read 20391 times:

How about planning a get together for the 100th Part? I think that we have earned it.

User currently offlinehimmat01 From India, joined Dec 2004, 1047 posts, RR: 6
Reply 20, posted (2 years 7 months 4 weeks 3 hours ago) and read 20347 times:

Ajit Singh like his father Choudhary Charan Singh is an "Aaya Ram Gaaya Ram" (In X party today, in Y party tomorrow) type.

His appointment as Civil Aviation ministry is not going to be of any benefit to the industry. The Congress is eying the next Assembly elections in UP. His likely appointment as the minister is just a quid pro quo to buy his support in UP.



An airplane might disappoint any pilot but it'll never surprise a good one.
User currently offlineKaran69 From India, joined Oct 2004, 2883 posts, RR: 18
Reply 21, posted (2 years 7 months 3 weeks 6 days 20 hours ago) and read 20255 times:

Quoting LAXDESI (Reply 13):
I expect CS300 to have a GSM(gallon seat mile) and GTM(gallon ton mile) that is lower by about 13%. That, IMO, is a large enough advantage to offset commonality issue if the fleet size is around 15-20.

An 150 seat aircraft can also be an excellent platform to connect many 2nd tier cities in India with destinations in ME(DXB), SE(SIN,BKK) and NE(HKG) Asia.

No arguments on the fact that SJ does require a 150 seater but unless the cs300 offers a lot more in commanility and comes at a sweet deal like the q400s i dont see SJ going for them, but as of both aircraft are far from first flight

With regards to tier 2 city flights to GCC and SE i dont believe that one can make a profitable operation out of that unless you are on bigger aircrafts as these are very low yield markets .however they might make sense from major cities just like AI and IT now operate 319s and 320s to Singapore from BOM and in some cases larger capacity aircraft from tier 2 cities

Quoting LAXDESI (Reply 13):
have not done the analysis, but I wouldn't be surprised if CS300 has competitive numbers against the much larger B738(MAX) accounting for its lower GSM and weight related airport charges

A mere 4 tonne weight difference does not give it any landing benefits unless the entire airport charging structure changes as both have MTOW in excess of 50 tonnes

Karan


User currently offlineHAWK21M From India, joined Jan 2001, 31667 posts, RR: 56
Reply 22, posted (2 years 7 months 3 weeks 6 days 4 hours ago) and read 20113 times:

Quoting LAXDESI (Reply 18):

Make an Aviator the MoCA...........



Think of the brighter side!
User currently offlineAirIndia From United Arab Emirates, joined Jan 2001, 1634 posts, RR: 1
Reply 23, posted (2 years 7 months 3 weeks 6 days 4 hours ago) and read 20104 times:

Quoting HAWK21M (Reply 22):
Make an Aviator the MoCA...........

next elections if NDA come to power (very unilikey) then Rudy stands a chance...........

any aviators in the UPA.........


User currently offlineCricket From India, joined Aug 2005, 2966 posts, RR: 7
Reply 24, posted (2 years 7 months 3 weeks 6 days 1 hour ago) and read 20061 times:

Quoting himmat01 (Reply 20):
His appointment as Civil Aviation ministry is not going to be of any benefit to the industry. The Congress is eying the next Assembly elections in UP. His likely appointment as the minister is just a quid pro quo to buy his support in UP.

Unlikely, the story writer is a very 'hit-miss' reporter IMHO

Quoting AirIndia (Reply 23):
any aviators in the UPA.........

Rahul gandhi and Sachin Pilot's fathers were for whatever that is worth

----

Vayalar Ravi's opposition to FDI in retail and his general attitude lately makes me wonder whether airline FDI will be allowed, in teh current environment FDI seems to have become a very dirty word



A300B2/B4/6R, A313, A319/320/321, A333, A343, A388, 737-2/3/4/7/8/9, 747-3/4, 772/2E/2L/3, E170/190, F70, CR2/7, 146-3,
25 Cricket : Recently while landing at MAA I noticed six IT ATR-72's and a A319/320 (couldn't make out clearly) on the remote ramp. I also noticed a very forlorn l
26 anshuk : Rajiv Gandhi was a pilot with Indian Airlines before being forced to jump into politics! Even on the day of his assassination, he himself piloted the
27 Post contains links LAXDESI : Finance Ministry supports 26% FDI in aviation. Will the GOI have the inclination to move forward given the opposition to FDI decision for retail secto
28 Post contains links LAXDESI : Kingfisher Airlines in talks with local investor: Vijay Mallya. It is hard to imagine a local investor who would take less than 26% stake which under
29 Post contains links LAXDESI : Mallya's 'associate' white knight for Kingfisher. It is also being reported that GOI is unlikely to approve 26% foreign airline stake in Indian carrie
30 pnd100 : Good Morning / Afternoon / Evening, does anyone here know the state of construction at CCU & MAA. I read somewhere recently that there have been s
31 777way : Air China launch BOM as Shanghai–Chengdu–Mumbai from 2 May, 4 weekly A319.
32 gr8circle : Hard to say how politicians think, but the retail sector FDI is an issue that could be highly politicised by the opposition and taken to the streets
33 Nimish : Hmm - just like their BLR route - same stop, same a/c type!
34 Cricket : I'm surprised that Air China didn't start a non-stop between either Beijing/Shanghai and Mumbai, the market is there - just see any SQ or CX flight
35 skipness1E : Have Air India parked up one of their B777-200LRs? VT-ALA hasn't been seen on ACARS for months.
36 pnd100 : Hey guys, does anyone have any updates?
37 Post contains links LAXDESI : Ajit Singh lands civil aviation berth. http://avindia.blogspot.com/2011/12/...gh-lands-civil-aviation-berth.html Quote: Ajit Singh is set to become a
38 AirIndia : Yet another MoCA...... a technocrat farmer......... lets see what new 'seeds will he sow' for the aviation industry in India....
39 Cricket : I flew into MAA recently and work seemed going apace - I think the Chennai Metro is being planned with an Airport connection from the ground up. No w
40 pnd100 : Thanks for the info Cricket! That seems to be almost the same level of construction that was evident in March. At that time the terminal also seemed
41 gr8circle : Haha....weather and labor has nothing much to do with it.....there are loooooots of other factors in India that can slow down such work......most pro
42 Post contains images pnd100 : LOL, ok. So you are saying that there is a lack of political will to make these happen? That's too bad. CCU & MAA are both behind the curve when
43 gr8circle : Well, it's not always the govt. projects that get stuck....even private sector projects just go on and on.....take the Versova - Ghatkopar light rail
44 Post contains images sankaps : I flew through Calcutta airport last week, and took these photos. Air India and the Calcutta airport authorities ought to be ashamed of themselves! No
45 Post contains images sankaps : And IT ran into problems well before the recent meltdown... this is a picture of a "stored" IT A320 (ex-Deccan) I took in DEL back in April this year!
46 Post contains images JOYA380B747 : Sorry, but more goons than airport officials run CCU, looting and bribing their way through the administration. In short, AI is a shame to Indian air
47 Cricket : A new Civil Aviation Minister - who probably desperate to make money will sell away further rights to foreign carriers, I expect to see A380's in drov
48 LAXDESI : I expect the same. As much as I dislike corruption, the end result for the flying public is more choice and perhaps lower prices. I wish the new mini
49 Cricket : I have a feeling that the previous minister was holding back assignments particularly to Indigo who have a A320 join their fleet every month, they wa
50 gr8circle : A question about the Delhi fog......how well are 9W's A330s equipped to operate in and out of DEL during heavy fog? Do they have the equipment and the
51 LIPZ : Wasn't 9W supposed to launch new European destinations in 2012? Seems like there are no more specific details yet so far.
52 Post contains links LAXDESI : Kingfisher slips to No. 5 in market share. http://avindia.blogspot.com/2011/12/...isher-slips-to-no-5-in-market.html Quote: Cash-strapped Kingfisher's
53 Cricket : Even if Kingfisher was to 'reform' and get out of where they have fallen, I doubt they will manage to rescue themselves
54 Post contains links LAXDESI : Govt veering towards 26% FDI ceiling in aviation. Emirates could use partial control over one of the Indian carriers to feed more passengers to its Du
55 Post contains links ixemctdca : Just saw this posted on NDTV, regarding a homegrown 100 seater aircraft. I wonder if they will be able to meet their 5 year target.
56 gr8circle : About two days back, an AI flight from YYZ - DEL ran into technical trouble at YYZ, stranding a couple of hundred passengers.....I watched the usual i
57 JoeCanuck : I give AI the gears as much as the next guy but any airline is going to have tech delays sometimes..and it's never going to make passengers happy. Mos
58 Post contains links Cricket : Just adding this link for a good laugh http://indiatoday.intoday.in/story/s...-to-fly-from-kolkata/1/166087.html JL to CCU and BA coming back.... haha
59 Post contains images JOYA380B747 : To Mamta Banerjee and her herd of Ministers - On that note even Wal Mart and Starbucks are 'keen' to come to Bengal and every other state. We'll beli
60 Post contains links LAXDESI : GOI proposes about $6.2 billion aid for Air India by 2017, of which $3.75 billion is in the form of equity infusion and the rest is for aircraft acqui
61 Post contains links LAXDESI : Wishing everyone a happy, healthy, and prosperous New Year. Air service to Tirupati from Gujarat to be launched soon. It is not clear if it is a seaso
62 HAWK21M : This country needs a home built 100 seater.
63 JoeCanuck : I don't know. There are lots of industries India can really grow but another 100 seater in the market doesn't seem like good value for the billions i
64 aeroblogger : There was talk about HAL building a 76 seater high speed prop to compete with the Q... I think that would be a valuable addition to the Indian market.
65 HAWK21M : Noticed the BA B748F at BOM yesterday.looked good.
66 Cricket : Let HAL deliver the LCA first and then talk.
67 aviasian : Does anyone have a breakdown of Air India's fleet as of 1 January 2012? Are there planes that have been retired, temporarily parked and inactive? And
68 Post contains links LAXDESI : Unsafe for Kingfisher Airlines to fly; valid reason to withdraw licence, says DGCA. http://www1.economictimes.indiatimes...says-dgca/articleshow/11369
69 tharanga : Do you think the DGCA would have the courage to pull the operating certificate like that? The article mentions an IT aircraft being looted for parts -
70 LAXDESI : I don't think so. Agree. AI would have gone out of business but for the subsidies. Sadly, AI's presence is hurting the rest of the industry and has a
71 Post contains links aeroblogger : http://www.reuters.com/article/2012/...er-regulator-idUSL3E8C5DPM20120105 Looks like the DGCA is concerned with practically every airline in India...
72 Post contains links LAXDESI : Looks like DGCA is not going to revoke anyone's operating certificate. http://www1.economictimes.indiatimes...-aviation/articleshow/11378775.cms Kingf
73 Post contains links LAXDESI : I wonder how he is going to arrange any funding to keep his promise. One possibility is to force public sector banks to convert most of the debt into
74 JoeCanuck : It seems to me that the problem is not so much that some airlines are losing money, it's that they are being kept alive at the expense of airlines wh
75 Post contains links aeroblogger : Air India cleared for restructuring plan: http://www.livemint.com/2012/01/0700...BI-clears-Air-India-recast-pl.html
76 JoeCanuck : Correct me if I'm wrong...my attempt at conversion adds up to about 5.6 billion dollars...is that right?
77 LAXDESI : Yes, it is. This bailout translates to nearly $300,000 per employee.
78 kiwiandrew : Incredible, wouldn't it be a lot cheaper to shut the airline down and pay out the staff?
79 JoeCanuck : That completely boggles the mind...and Kingfisher is probably in line for cash next.
80 LAXDESI : I am sure most employees would readily agree to such a deal, but is highly unlikely that the GOI will make such an offer. Kingfisher already has rece
81 tharanga : The banks must regret ever getting involved.
82 JoeCanuck : I don't think they volunteered...I think they were told to get involved.
83 9w748capt : Will IT stay afloat through April? I'm booked on them to fly DEL-IXC then.
84 RobK : Can't find my original post about it but I wrote a while ago that SpiceJet had a BBJ on order. I've since found out that they cancelled the order and
85 ojas : 9W announces DEL - DMM from 17th March, according to the GDS. 9W 568 DEL - DMM 2035 2255 Mo, We, Sa, Su 9W 567 DMM - DEL 2355 0615+1 Mo, We, Sa, Su Ai
86 Cricket : Quite surprising actually, maybe the airlines owners have decided that they should fix the airline first
87 Post contains links himmat01 : Air India's first B 787 is likely to be delivered by the last week of January or by the first week of February. First a/c to be delivered is VT-ANH. h
88 Cricket : Was this plane VT-ADR the DGCA report clearly states "The airline is doing cannibalisation of parts e.g. a total of 619 items have been removed from
89 mk777 : Any ideas as to where this 787 will fly, to mark its 1st revenue flight?
90 RobK : I'd bet money on this not happening....
91 Post contains images HAWK21M : Looks like a postponement
92 Post contains images JOYA380B747 : Anyone knows which routes these are plying and how many jets are being painted like this, looks cool though
93 Post contains links and images RobK : http://data.flight24.com/airplanes/VT-JGP/
94 HAWK21M : Signs of tough times & means to earn more revenue through interior & exterior ads.
95 Vimanav : She's a beauty, saw her up close on 21DEC in DEL. She was parked at the remote gates normally used for pax aircraft opposite the aerobridges rather t
96 Post contains links Cricket : DVB Bank says they might repo two of their A320's with Kingfisher http://m.economictimes.com/news/news...ingfisher/articleshow/11473511.cms According
97 Post contains links LAXDESI : GoM to discuss FDI in aviation today. I am rooting for GoM to approve upto 49% stake by foreign carriers in Indian airlines. http://www1.economictimes
98 Cricket : Does anyone know if Jet's 737-900's VT-JGC/JGD are still operating, they only did DEL-BOM flights if I recall, used to fly on those birds a lot, in fa
99 Post contains links aviationbuff : Govt favours 49% FDI in aviation, to give Rs 150 crore to Air India http://timesofindia.indiatimes.com/b...Air-India/articleshow/11526229.cms Will be
100 Vimanav : Bunch of foreign airlines pulling out or reducing services: 1. LH pulling out of CCU from Summer Sked 2. AA pulling out of DEL 3. AAX pulling out of D
101 Post contains images HAWK21M : I thought they'd limit it to 24% & make all unhappy but if its 49% that would be great.
102 Post contains links tharanga : Somebody has to put it here http://timesofindia.indiatimes.com/i...Kozhikode/articleshow/11518837.cms what on earth is this? Even TOI can't make up so
103 Post contains images HAWK21M : Whats the update on quikjet.Has the Two ATRs arrived. The true story will be the filtered version though
104 Cricket : Yup, actually happened
105 LAXDESI : Air India blames Praful Patel for big Boeing order. One has to think large "gift baskets" were handed out to many to approve this large order which wa
106 JoeCanuck : I wonder how many they'll end up taking.
107 gr8circle : They'll probably reduce the numbers by haggling with Boeing.....maybe defer the deliveries over the years..... I expect AI will get rid of the leased
108 Post contains images gr8circle : Just out of curiosity, what is that ad for? It says something like "Lumia 800"
109 AirIndia : Nokia Lumia 800........ its a new phone from Nokia with Windows platform
110 Post contains links HAWK21M : http://www.youtube.com/watch?v=31OVSzg9Okw Decaled at the 9W hangar in BOM.Ad for Nokia's New phone.
111 Post contains links and images aviationbuff : PAC slams Air India for acquiring planes through debt http://timesofindia.indiatimes.com/b...ough-debt/articleshow/11588221.cms Smart move by MR. PP t
112 Post contains links LAXDESI : Plan panel to allocate nearly $1 billion to develop civilian plane, and recommend that a JV be set up with private equity participation for both devel
113 aeroblogger : There was a very well written piece in Caravan Magazine a couple weeks (months?) back about his ministership. Truly a revealing read...
114 gr8circle : Ahh.... thanks.... I think it's quite okay to use aircraft exteriors for some advertising revenue.....but just wondering how useful it is considering
115 Post contains links aviationbuff : Thanks for hinting about the article. Found it after a little bit of search. Its a very well written article. http://www.caravanmagazine.in/Story.asp
116 Post contains links anshuk : It says in this article that 9W is going to get rid of 77 aircraft in Q4!?!? That would leave them with 23 aircraft - that just cannot be right! http:
117 gr8circle : Has to be an error in the report.....would be as good as shutting down the airline....
118 VIDP : There is the gameplan is to sell and lease back the aircraft which they currently own and are operating.
119 AirIndia : Thats a good way of reducing debt. In addition to ways of increasing revenue thru ancilliaries...... as the picture in post 92
120 Post contains images gr8circle : Yeah...i guessed it would be something like that....but the way the news report puts it, it almost sounds like they're reducing their fleet size to 2
121 Post contains links LAXDESI : Does anyone have know how total DEL charges compare to airports like FRA, NRT, PVG, and LAX? http://www1.economictimes.indiatimes...s-new-fee/articles
122 Post contains images gr8circle : Did Mr. Kapur visit YYZ recently?
123 JoeCanuck : They have a way to go before they get anywhere close to Pearson level fees.
124 aeroblogger : This is what was cited as the reason for the pullout of AirAsia X and AirAsia Thailand.
125 Post contains links LAXDESI : Kingfisher Airlines pilots threaten strike if salaries not paid. http://www1.economictimes.indiatimes...-not-paid/articleshow/11644730.cms Quote: More
126 Post contains links LAXDESI : Finnair FAs celebrate Indian Republic day Bollywood style. Awesome job. http://www.youtube.com/watch?v=mEsnb3kUDAw&sns=fb
127 Cricket : If GMR massec up by promising too much to the government, I think it is unfair that passengers should pay. I hope this case goes to court.
128 Post contains links LAXDESI : Thai AirAsia to start Chennai-Bangkok service from March 22. http://www.traveltechie.com/news/Tha...Bangkok-service-from-March-22/3620 Quote: Thai Air
129 ojas : According to the GDS, Effective 3rd week of March 9W will be reducing flights on DEL - DOH and DEL - AUH each from daily to 5 weekly. On DEL - DOH QR
130 BSLFRA : FRA DEL AI cancellation Dear Partner, After reviewing the route rationalization plans further, please find below the FINAL list of cancelled flights f
131 Post contains links BSLFRA : A nice video (30 minutes) and interview with JET AIRWAYS NARESH GOYAL. Enjoy! http://starworld.startv.in/kwk/video...s-Achievers's-Club-::-Naresh-Goya
132 Post contains links BSLFRA : IATA clearing house suspends troubled Kingfisher Airlines http://www.eturbonews.com/27727/iata...raveler)&utm_content=Google+Reader
133 Post contains links kiwiandrew : Hmmm. I wonder that that does to their accession to OW? That is a pretty major step from IATA. edited to add: question answered! OneWorld Puts Kingfi
134 HAWK21M : Whats the update on this & Is the rumoured restart of quikjet from March 2012 true?.
135 Post contains links anshuk : Wow, I didn't believe this when I read it on the TOI website, but it seems more believable when its on here - http://www.bbc.co.uk/news/world-asia-ind
136 JoeCanuck : Finnair rocks...nicely done, folks.
137 Cricket : Ouch., I know people at IT working towards this, feel bad for them but I guess OneWorld had no choice
138 Post contains links HAWK21M : Fireman Handles 9W Approach; ATC Forgot To Show (by EGSUcrew Feb 4 2012 in Civil Aviation)
139 JoeCanuck : On a different note, I saw a show on the Mumbai airport upgrade. How's that coming along?
140 Post contains links LAXDESI : IndiGo to deploy 18% capacity on foreign routes. It should certainly increase fleet utilization, and hopefully profits. http://avindia.blogspot.com/20
141 Post contains images fortunerunnner : Construction is at full speed, you can view new pictures and almost daily updates provided by Skyscrapercity forum members at Skyscapercity's India -
142 tharanga : I already bought a ticket - will I still get charged this fee? they are proposing a fee that increases with the distance of the flight - which seems
143 JoeCanuck : Thanks...it's interesting to have a peek into the local perspective of the project.
144 HAWK21M : Lots of Work going on both on airside & cityside.......
145 JoeCanuck : I don't envy them for the work they'll have to do balancing the different factions battling for control. Like LHR too bad they can't seem to get anot
146 Post contains links aviationbuff : Airlines in India to be allowed to import jet fuel http://timesofindia.indiatimes.com/b...-jet-fuel/articleshow/11793870.cms Some relief for the airli
147 Cricket : In the short-term, nothing will happen. The private airlports will not allow the airlines to bunker fuel, does Kingfisher even have the money to set
148 Post contains links Vimanav : http://volkairlines.net/index.html Are they for real? Their claim of being the "World's First Green Vegetarian Airline" and write up that follows is n
149 aeroblogger : Yes, it's a startup that may or may not ever exist. They plan to use A320s on domestic routes... Still in its early planning stages. I'll have a blog
150 Post contains links aeroblogger : Jet Airways delays payment to its staff for the second consecutive month. http://economictimes.com/news/news-b...-salaries/articleshow/11809615.cms It
151 gr8circle : Looks like a fake to me......they've used the image of an AI 777 in the lower left corner of the screen and blurred the tail....
152 aeroblogger : No - the site which was linked to is a sample site that was put up by a vendor that is bidding for a contract to run their website... I'm sure that o
153 ojas : According to the GDS, effective S12 the existing HYD - DXB daily flight will extend to Vishakapatnam. AI 951 VTZ - HYD 1840 1940 ----------HYD - DXB 2
154 HAWK21M : INDIGO might have a problem in the next quarter with Aircraft orders placed.....a continous quarters of Profits is needed.at the moment only Bz/DHL s
155 Post contains links LAXDESI : I remember reading that airlines may tack on this fee even if you bought your ticket before the change. I suggest you reach out to the airline and fi
156 Post contains links Cricket : India - Iraq flights to resume soon. Great news if it is true, India can play a pivotal role in rebuilding Iraq, in fact, Indian companies already are
157 Post contains links aeroblogger : CX cancels IT interline agreement citing ICH suspension. http://www.hindustantimes.com/India-...th-2-airlines/Article1-809307.aspx KE did the same las
158 Post contains links aeroblogger : Kingfisher reinstated into IATA Clearing House http://aeroblogger.com/2012/02/10/ki...lly-some-good-news-for-kingfisher/
159 AI : So will KE & CX reinstate their interline agreement with IT again ?
160 Post contains images RobK : Are there any Indian airband listeners here? I have an audio clip of a flight that I heard working Mumbai HF on 9 Feb in the afternoon, Indian driver,
161 aeroblogger : I'm thinking it's GoAir 778... not necessarily. IT can't join oneworld until CX reinstates their interline agreement, so IT will be lobbying hard for
162 RobK : No sir. That was my first thought too, unless GoAir now uses that callsign? It was giving a departure message and routing, also appeared to be low le
163 RobK : I think I've actually figured it out to be Coastguard 778. I believe ICG has an Indian built Dornier 228 with that number 778 too so likely to be thi
164 Post contains links LAXDESI : Green signal for Chennai's second airport likely by April-May. http://www.airliners.net/aviation-forums/general_aviation/ Quote: The new airport is li
165 Post contains links Cricket : Jet Airways flouted safety norms - this incident seems scary http://www.livemint.com/2012/02/1300...flouted-safety-norms-will.html?h=E
166 Post contains links LAXDESI : Jet, Kingfisher Airlines staff not paid for two months. http://timesofindia.indiatimes.com/b...wo-months/articleshow/11882581.cms Quote: Nearly 18,000
167 tharanga : How long can people go on without being paid? This is getting ridiculous.
168 aeroblogger : I think Air India's employees went 6 months without getting paid last year. So 9W and IT's employees not getting paid for 2 months is not quite on th
169 kiwiandrew : It is a sad day when paying employees on time is regarded as something special.
170 Post contains images aeroblogger : Indeed. But the Indian aviation sector has been a mess for a long time now... Nothing new sadly
171 JoeCanuck : Didn't they just get a bunch of GOI cash so they could do that? Eventually, that cash co
172 aeroblogger : No, that cash was to cover their maintenance. There was talk about moving AI employees onto the gov't payroll, since employees are civil servants aft
173 Post contains links Cricket : Air India does not get ROFR on foreign routes anymore, maybe this will help the likes of IT and 9W compete, but it seems to be too little too late. Un
174 JoeCanuck : Wow....that's huge. It may be enough to get some foreign airlines investing in the industry. After all, why invest if you can't expand? Indian airlin
175 HAWK21M : The trend is similiar as East West/Damania/NEPC/Modiluft in the late 90s. The salaries are delayed,The fuel services are interupped frequently , staf
176 Cricket : The problem is that they are all so broke that I doubt they can start easily. Hopefully, this will mean more regional flights to DXB AUH BKK SIN etc
177 JoeCanuck : Still, though a few might fall by wayside, but it gives everyone else a real shot at succeeding.
178 Post contains links LAXDESI : Indigo's daily direct flight from Coimbatore to Mumbai. http://avindia.blogspot.com/2012/02/...igos-daily-direct-flight-from.html Quote: The company w
179 aeroblogger : No, actually it will have pretty much no difference whatsoever. A user said it really eloquently on FlyerTalk: That's the truth. It's that simple.
180 Post contains links LAXDESI : Encouraging signs for AI. Air India January revenue up 30.4%, with load factor increasing by 5.4% and yields increasing by 19.3% over the correspondin
181 tharanga : Thank you for digging this article up. I finally read it, and it was nicely written. Now, I'm not an expert on this topic so maybe the journalist got
182 LAXDESI : Traffic data from AAI for the 9 month period April-December 2011: 121 million total which is about 15% higher than the corresponding period in 2010. I
183 Post contains links anshuk : http://www.thehindu.com/news/national/article2913310.ece This is probably the only (to an extent) unbiased account of the incident. The media is alway
184 HAWK21M : An airline needs to pay their staff on the last day of the previous month....That spells confidence.
185 Post contains links LAXDESI : Not helping any one airline, the whole sector is in crisis: Ajit Singh. http://avindia.blogspot.com/2012/02/...helping-any-one-airline-whole.html Quot
186 Post contains links LAXDESI : Patna airport No.1 in passenger traffic growth. I remember reading that currently the state of Bihar has the highest GDP growth. An amazing turnaround
187 Cricket : That in itself is an irrational statement - the fact remains that the plane had to fly with a very low load on the opposite leg of each journey. Praf
188 AI : I am not an expert things in India, but wasnt he supposed to be a good aviation minister or was he a typical politician with a different set of teeth
189 Post contains links freqflyer : France to discuss Airbus 380 issue with India http://economictimes.indiatimes.com/...ith-india/articleshow/12022214.cms Excerpt : NEW DELHI: With Indi
190 Cricket : Pretty sure permission will be granted to EK and SQ - but the European carriers might have an issue with the EU carbon tax
191 Post contains images HAWK21M : Finally the GOI has admitted
192 Post contains links LAXDESI : AI Board approves proposal to slash business class seats. http://www1.economictimes.indiatimes...ass-seats/articleshow/12061210.cms Quote: Air India B
193 darkroast : Armchair politician speaking - this is what the GOI should do for the sake of the aviation industry in India: 1. Welcome new entrants with the 49% sta
194 Post contains images aeroblogger : More Air India bashing Instead of shutting down Air India, perhaps it could be turned into a world class airline that India could be proud of? No, of
195 HAWK21M : Privatise.....
196 Post contains links and images flyhigh@tom : http://www.rediff.com/business/slide...y-to-become-a-reality/20120227.htm So how much truth in this? Rediff claims that the civil aviation ministry is
197 aeroblogger : I saw that this morning. 100% bullsh*t, based on outdated info.
198 darkroast : I won't even begin to debate free market vs. "socialism" whether you choose to defend it or not. The real lunacy is leaving things to get worse on bo
199 tharanga : Do you see any chance of that happening, as things are? Something has to change.
200 aeroblogger : Agreed. Some restructuring is absolutely necessary. However, bashing AI simply because it is a public enterprise is absolutely unnecessary. Firstly,
201 Post contains links and images aeroblogger : And looks like 200 posts are up! Time for a new thread Indian Aviation Thread: Part 96 (by aeroblogger Mar 1 2012 in Civil Aviation)
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