Quote: The national carrier Air India today signed a code-share deal with Turkish Airlines which will allow the latter's passengers connect to Air India flights on the Hyderabad, Chennai, Ahmedabad, Bangalore, Kolkata and Amritsar routes.
The deal will also allow both the airlines to market each other's flights by their own code and flight numbers on a free sale basis, a Turkish Airline statement said.
Even after being rejected by Star Alliance, it looks like Air India is continually improving bonds with Star Carriers...
Airports 2012: IXE HYD DEL BLR BOM CCU KNU KTM BKK SIN ICN LAX BUR SFO PHX IAH ORD EWR PHL PVD BOS FRA MUC IST
The service tax department has frozen some more bank accounts of debt-crippled Kingfisher Airlines for missing the deadline for clearing dues. Vijay Mallya-promoted Kingfisher had been given time till Wednesday to pay Rs 10 crore as arrears, but it could not meet the deadline till evening. Following this, the department attached all the bank accounts of the airline.
Kingfisher was allowed to operate some accounts on the promise that it would pay up by February 29. A senior service tax official said the airline's management is in talks with CBEC officials to resolve the issue. Kingfisher declined to comment on the matter. The income-tax (IT) department, too, has frozen the airline's bank accounts for non-payment of TDS (tax deducted at source) dues of over Rs 300 crore. Senior officials said the repayment schedule offered by the airline was not acceptable to the department.
9w748capt From United States of America, joined Feb 2008, 510 posts, RR: 1
Reply 5, posted (2 years 4 days 11 hours ago) and read 16683 times:
Does anyone have any suggestions for transit hotels at DEL? I'll have about 12h - scheduled to arrive from IXC at 6 PM and then out at 6 AM the next morning with RJ. Should be a fun trip, but I'd love to catch at least a few hours of sleep and have a proper meal. Has anyone stayed at the on-airport facility (Eaton)? The website is very confusing - it looks like it's inside security and you can't leave as it's in a "transit" area. Very strange. Would appreciate any suggestions. Thanks in advance!
IndiGo, a low-fare carrier launched in 2006, has climbed to second place in market share at the expense of Air India and Kingfisher Airlines and is the only one of India's six main carriers making a profit, for now at least.
IndiGo also sells and leases back its planes, sparing its balance sheet and allowing itself to maintain a young fleet. Industry watchers say there is no great secret to IndiGo's success, which they attribute to rigid adherence to a disciplined business plan, a task that grows more complex as the 50-plane airline adds a new plane every month.
IndiGo has 21 percent of the domestic market, behind the combined low-cost and premium operations of Jet Airways, but up from its 17 percent share at the end of 2010. The Centre for Asia Pacific Aviation (CAPA) expects IndiGo to take the top spot from Jet in a few months in an aviation market that grew 17 percent in 2011 and is expected to expand by about 12 percent annually over the next few years.
Last year, IndiGo placed what was then the biggest-ever commercial airline order for 180 Airbus A320s worth $16 billion to be delivered starting in 2015 when an earlier 100-plane order is completed. It also began flying to a handful of foreign destinations using the same narrow-body plane type.
The airline has said it would consider an IPO, but Ghosh said recently it has no current plans to do so. IndiGo says it earned 6.5 billion rupees ($131 million) in the fiscal year that ended last March, a result that Kingfisher's Mallya has questioned.
Have read the whole article, & I find Jet's strategy quite confusing.
Apparently JetLite & JetKonnect are merging to form a single low cost entity which will be called JetKonnect. But somewhere else the article quotes Chief Commercial Officer Raghavan "Jet Airways and JetLite will continue as distinct business entities operating under their own airline operating permits" !!
The article also mentions that some JetKonnect flights will have S2 code while others will have 9W codes.
& the article alos mentions "Though low-cost, JetKonnect, he said, will offer premiere services on certain routes, where guests may enjoy service, identical to that enjoyed by the full-service parent Jet".
I am not sure what Jet are trying to do. Why not keep it simple by having a full service bit (Jet - 9W) & a low cost bit (JetKonnect or whatever else they want to call it).
HAWK21M From India, joined Jan 2001, 31525 posts, RR: 57
Reply 22, posted (1 year 11 months 2 weeks 4 days 15 hours ago) and read 14273 times:
Quoting Cricket (Reply 21):
As long as they keep receiving a few planes every quarter, they'll continue in the black and given their order book, they'll be getting at least one plane every month for the next ten years...
So its the new aircraft thats saving them the losses......Is that what you are saying.
Owleye From Netherlands, joined Feb 2006, 933 posts, RR: 2
Reply 23, posted (1 year 11 months 2 weeks 4 days 15 hours ago) and read 14258 times:
Captain Gopinath had a cargo-parcel logistic service Deccan 360, he is also initiator of LCC Air Deccan later re-named as Simplify Deccan, later rebranded as Kingfisher Red. What is the status of Kingfisher Red at this moment and will it go bust as well or does it continue under a different brand when parent brand Kingfisher dissappears off the market?