Search found 42 matches

by Bhadra
Thu Aug 22, 2019 10:40 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - August 2019
Replies: 369
Views: 32508

Re: Indian Aviation Thread - August 2019

IndiGo also introduces daily flights between: Rajahmundry-Visakhapatnam (eff: 8th Sept) Adds 2nd frequencies between: Hyderabad-Dubai (eff: 12th Sept) Hyderabad-Doha (eff: 17th Sept) Chennai-Doha (eff: 23rd Sept) Bengaluru-Rajahmundry (eff: 8th Sept) Adds 3rd frequency between: Bengaluru - Madurai (...

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by Bhadra
Sat Aug 03, 2019 6:25 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - August 2019
Replies: 369
Views: 32508

Re: Indian Aviation Thread - August 2019

From IndiGo Annual Report for FY 2019: - Addition of 11 new destinations in the next 12 months - Focus on improving connectivity in North East with ATR aircraft - Focus on starting services to countries with large outbound tourism like China, Russia and Israel I don't know if this has always been t...

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by Bhadra
Wed Jul 31, 2019 2:06 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - July 2019
Replies: 478
Views: 35160

Re: Indian Aviation Thread - July 2019

IndiGo doubles down on its connectivity to Jeddah, introduces Kochi-Jeddah flight starting 16th of September.

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by Bhadra
Thu Jul 25, 2019 12:49 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - July 2019
Replies: 478
Views: 35160

Re: Indian Aviation Thread - July 2019

IndiGo opens bookings for Kolkata-Yangon sector.
Service to begin on 20th September.

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by Bhadra
Fri May 31, 2019 9:58 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - May 2019
Replies: 347
Views: 31070

Re: Indian Aviation Thread - May 2019

He is a Minister of State with independent charge of aviation. They are making Civil Av a very low key I wouldn't draw that conclusion. In 2014, Piyush Goyal was a minister of state, with independent charge of the power ministry. It did not mean that the administration treated power as a low key mi...

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by Bhadra
Sat May 18, 2019 4:25 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - May 2019
Replies: 347
Views: 31070

Re: Indian Aviation Thread - May 2019

https://www.goindigo.in/content/dam/goi ... ur-CEO.pdf
-->

Press release by Ronojoy Dutta on the ongoing saga at IndiGo:

https://www.goindigo.in/content/dam/goi ... ur-CEO.pdf

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by Bhadra
Sun May 12, 2019 7:15 pm
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1796
Views: 188620

Re: Jet Airways: Shutdown

9W going out of business on Indian economy - Huge Do you have any statistical evidence to prove your claim? I'd be interested in numbers if you have any. From my perspective, Jet going out of business (and letting it go out of business by not throwing good money after bad) is good for larger econom...

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by Bhadra
Sat May 11, 2019 9:35 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - May 2019
Replies: 347
Views: 31070

Re: Indian Aviation Thread - May 2019

Does anyone here know if ETOPS 180 clearance is forthcoming from DGCA for NEOs powered by PW engines? Is this something that can happen in 2019?

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by Bhadra
Tue Apr 30, 2019 4:29 am
Forum: Civil Aviation
Topic: Indian Airlines Orders and Delivery Thread - 2019
Replies: 70
Views: 9309

Re: Indian Airlines Orders and Delivery Thread - 2019

MSN 8587 VT-IUB: IndiGo's second A321Neo was delivered yesterday (29APR19)

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by Bhadra
Sat Apr 27, 2019 7:02 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - April 2019
Replies: 455
Views: 34976

Re: Indian Aviation Thread - April 2019

Total growth was 28% for March '19 and 21.8% for FY. AMD should hire some SMWs. Not much noise. Being an SMW of a performing airport is probably better than being one for the one with one percent growth - just sayin! On a different but related note, there were media reports suggestion 6E would take...

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by Bhadra
Fri Apr 26, 2019 10:19 pm
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1796
Views: 188620

Re: Jet Airways: Shutdown

Or one that has political backing to stay in business and one that didn’t. Politics trumps business in India, not the other way around. just watch the Reliance battle with Amazon/flipcart and see how Government policies have changed and will change to favor one. Brilliant example to Amazon/Flipcart...

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by Bhadra
Wed Apr 24, 2019 6:20 am
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1796
Views: 188620

Re: Jet Airways: Shutdown

I see India's bankruptcy law changing Lightsaber Just a nitpick for the sake of clarity: Bankruptcy process under IBC (Insolvency & Bankruptcy code) has still not been initiated for Jet. So, let's not imply that we should change a law that isn't being used for the issue at hand. More important ...

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by Bhadra
Wed Apr 24, 2019 5:57 am
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1796
Views: 188620

Re: Jet Airways: Shutdown

In a normal world, there would have been a trading halt on Jet stock a long time ago. Why is trading Jet stock still possible in India? A stock market listed airline has suspended operations and the financial regulator thinks that trading should go on as usual? I don't understand which 'normal worl...

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by Bhadra
Sun Apr 21, 2019 6:30 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - April 2019
Replies: 455
Views: 34976

Re: Indian Aviation Thread - April 2019

unrave wrote:
My own estimate has been Rs. 650 to 700 crore.


Am working with 600 +/- 50 Crores for this quarter!
Save any unforeseen issues, they'll certainly hit 1000 Crores (may even get closer to 2K) mark during 1QFY20.

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by Bhadra
Sun Apr 21, 2019 6:17 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - April 2019
Replies: 455
Views: 34976

Re: Indian Aviation Thread - April 2019

Any idea of how long these Pakistani airspace restrictions are going to continue? DEL flights seem to be hit really hard. The South Asian region's airspace is becoming pretty tight considering that there is also the Qatar diplomatic crisis and its restrictions on top of this. Also, can anyone put a...

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by Bhadra
Sun Apr 21, 2019 6:08 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - April 2019
Replies: 455
Views: 34976

Re: Indian Aviation Thread - April 2019

Apparently, there was a YOY dip in domestic passengers during the month of February at BOM and DEL (by 13% and 6% respectively). Rest of the major airports in the country saw continued positive growth. It'd be interesting to see March and April figures for those two airports. https://timesofindia.in...

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by Bhadra
Fri Apr 19, 2019 3:59 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - April 2019
Replies: 455
Views: 34976

Re: Indian Aviation Thread - April 2019

Q4FY19 outlook for the two operational (& listed) airlines in the country: Interglobe is expected to have a net profit of about 1K crores for the just concluded quarter - that's higher than my estimates. But we'll find out soon. https://i.imgur.com/VkPOaIm.jpg Source: HDFC Securities

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by Bhadra
Sat Mar 23, 2019 2:11 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 387605

Re: Jet Airways: reports cash running out

No SEBI did absolutely the right thing here. Rules are rules for a reason. If Jet can't find funds in time they should go. Many companies fold in India every year and jobs go along with them. C'est la vie. +1 SEBI's regulation around open offer is extremely fair. Darwinism applies to corporations a...

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by Bhadra
Wed Mar 20, 2019 3:54 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 387605

Re: Jet Airways: reports cash running out

Looks like Jet Privilege website is trying to block me from logging in since my first voucher redeem transaction. Whatever browser and device I am using, I am being stuck at login page with the error "Third party cookie is disabled. Please enable cookies in browser settings." Have done ev...

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by Bhadra
Sat Mar 02, 2019 10:15 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 387605

Re: Jet Airways: reports cash running out

According to a SEBI statement, "The exemption from making an open offer in case of acquisition of over 26% in a listed company will be allowed only to banks, lenders and financial institutions. Exemption from open offer will not be allowed to any other person except the aforesaid lenders"....

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by Bhadra
Wed Feb 27, 2019 6:54 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - February 2019
Replies: 574
Views: 36209

Re: Indian Aviation Thread - February 2019

unrave wrote:
There are reports that Pakistan has closed its airspace to Indian flights


Unconfirmed reports of areal dog fight at the border are also coming in. I'd like to stress on the word unconfirmed as of now.

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by Bhadra
Sun Feb 17, 2019 6:34 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - February 2019
Replies: 574
Views: 36209

Re: Indian Aviation Thread - February 2019

$3.83 Billion worth of VVIP aircraft for a country which allocated 100 Crores for sanitation projects for the entire country. Feds cannot take credit for state spending on sanitation projects. I don't think this calls for a response, not because it's off topic, because where ignorance is bliss, 'ti...

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by Bhadra
Mon Jan 21, 2019 11:58 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 387605

Re: Jet Airways: reports cash running out

Banks want Naresh Goyal to invest at least Rs 2500 - 3000 crore for restructuring. The deadline is 30June19 - six months from the default- beyond which NCLT will take over. https://www.dnaindia.com/business/report-banks-ask-naresh-goyal-to-pump-in-rs-3000-crore-in-jet-airways-2710230 @Bhadra: Do yo...

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by Bhadra
Sat Jan 19, 2019 7:58 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 387605

Re: Jet Airways: reports cash running out

I think new bankruptcy law enables NG to continue this game forever, banks have no option other than writing off liabilities. Not true, at all. On the contrary, once the bankruptcy proceedings are initiated by lenders, related parties (of the current promoters) cannot participate in the resolution ...

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by Bhadra
Thu Jan 03, 2019 4:19 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - January 2019
Replies: 497
Views: 39567

Re: Indian Aviation Thread - 2019

So capacity dumping, price lowering, and price gouging are perfectly legal in India but cartelization/collusion is not??? Good for the goose is good for the gander. Real republics have anti-trust laws, not the fruit/berry kind. The last time I checked, India was a Market Economy.. Capacity addition...

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by Bhadra
Wed Jan 02, 2019 11:58 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - January 2019
Replies: 497
Views: 39567

Re: Indian Aviation Thread - 2019

If all others get together and trash yields of 6E's high yielding route frequencies and spread the loss-making routes among all five, they can bring 6E on its knees. Only in India would someone suggest 'cartelization' to destroy a competent company and only in India would everyone be okay with such...

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by Bhadra
Thu Nov 29, 2018 7:17 am
Forum: Civil Aviation
Topic: Indian Airlines - Orders and Delivery thread 2018
Replies: 201
Views: 23206

Re: Indian Airlines - Orders and Delivery thread

IndiGo's first A321neo has been painted , engines have been installed. https://cdn.planespotters.net/photo/892000/original/d-avxq-indigo-airbus-a321-271nx_PlanespottersNet_892828_bfcddf3edb.jpg Since both the overwing exits are activated, I believe IndiGo is using the maximum seating configuration ...

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by Bhadra
Sun Nov 25, 2018 8:15 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

If this in fact goes through during the council meeting in December, it'll be the single most important step taken by the governments of the union in levelling the playing field for Indian Aviation. Hope it happens: https://www.moneycontrol.com/news/business/economy/atf-natural-gas-to-be-brought-un...

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by Bhadra
Sun Nov 25, 2018 7:59 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

If this in fact goes through during the council meeting in December, it'll be the single most important step taken by the governments of the union in levelling the playing field for Indian Aviation. Hope it happens: https://www.moneycontrol.com/news/business/economy/atf-natural-gas-to-be-brought-und...

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by Bhadra
Sat Nov 10, 2018 7:30 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

I'm a skeptic on the widebody order. First use NEO range to open up say China. I believe they've been trying. But I'm not sure how much of this is impacted due to EDTO/ETOPS restrictions that DGCA has imposed on PW powered NEOs. There has been no news on this front after the following: https://time...

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by Bhadra
Sat Nov 10, 2018 7:23 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

https://www.thenewsminute.com/article/i ... show-91328
-->

Indian airlines continue to employ highest percentage of female pilots:

https://www.thenewsminute.com/article/i ... show-91328

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by Bhadra
Fri Nov 09, 2018 4:44 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

Any latest news on opening up of HAL airport in Bangalore city for commercial operations? The last I checked, talks were on between state government, BIAL and HAL. All parties were reported as being keen on this. If this materializes before the end of 2019, Bangalore will be the first major city in...

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by Bhadra
Sun Oct 07, 2018 5:31 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 387605

Re: Jet Airways: reports cash running out

How much is the Rupee dropping effecting jet? Rupee dropping shouldn't impact salary payment considering most of Jet's revenue is Rupee denominated. However, they might have to shell out more for their lease renewals and the longer they wait, the more it's going to be. I'm amazed at no interest rat...

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by Bhadra
Sat Oct 06, 2018 11:57 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

Now that the A321LR has obtained certification, I cannot wait for IndiGo to get their hands on some of these. This aircraft can redefine the competitive landscape for medium haul flying out of India and hopefully hasten the inevitable consolidation. https://www.ainonline.com/aviation-news/air-transp...

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by Bhadra
Sat Oct 06, 2018 5:19 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

Indigo to introduce flights to Male (effective Nov 15th) from Bangalore, Kochi and Mumbai.
And to Phuket (effective Nov 23rd) from Delhi.

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by Bhadra
Thu Sep 27, 2018 3:45 am
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

Whether the import of ATF is truly non-essential is a debatable topic, but I believe Indian refiners produce most of the ATF required on-shore. So, the move might just be aimed at incentivizing on-shore production. But it'll certainly add to the upward pressure on price in the short term. Less than...

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by Bhadra
Wed Sep 26, 2018 10:12 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

Price of ATF touches Rs 77,000 in Delhi - an all time high. A bloodbath awaits Indian aviation. Additionally, ATF will attract 5% import duty (up from 0%) from tonight. The move which hiked import duties on 19 items was supposed to target non-essential imports to address widening CAD. Whether the i...

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by Bhadra
Thu Sep 06, 2018 4:32 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

By the way, out of all places in Asia, why would Yangon be one of the first destinations for IndiGo? 1. It's a low hanging fruit for 6E considering that it's a short hop and it will enjoy monopoly over the route for a considerable period. 2. Target passengers would initially be tourists (religious ...

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by Bhadra
Sun Sep 02, 2018 6:48 pm
Forum: Civil Aviation
Topic: Indian Aviation Thread - 2018 (2)
Replies: 2425
Views: 161934

Re: Indian Aviation Thread - 2018 (2)

Its all set and ready. Final stages of Tenders going on with 4 companies in race to construct T2. Reliance, TATA, L&T, Shapoorji and a Turkish company Ictas. T2 work is scheduled to start around Jan 2019 and the completion of the T2 which is a 255k sqm terminal and 25MPPA capacity will have a v...

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by Bhadra
Wed Aug 29, 2018 2:42 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 387605

Re: Jet Airways: reports cash running out

Hey guys, nice meeting you all - it's my very first post in here. I'm a financial analyst/fund manager by occupation and an aviation enthusiast. I've been following several forums in here for a while now and for most part, I'm impressed by the depth of information that you guys have - thanks for sh...

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by Bhadra
Wed Aug 29, 2018 12:01 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 387605

Re: Jet Airways: reports cash running out

Hey guys, nice meeting you all - it's my very first post in here. I'm a financial analyst/fund manager by occupation and an aviation enthusiast. I've been following several forums in here for a while now and for most part, I'm impressed by the depth of information that you guys have - thanks for sha...

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