Last night we caught up with Vishnu Murali, CEO of SAASTRA an India-based software firm in the travel space. Vishnu has been in the industry for a decade. He shared some amazing numbers of the sheer size of the market and whats drives it, where it is weak and how big the opportunity is. Podcast here.
Today's news
By IAG | May 21st, 2007 | Posted in Aviation News, india, lcc | No CommentsReports of LCCs hitting a "ceiling" are much overdone, as usual. Its the legacy airlines that are hitting a ceiling – once LCCs start international service, where will legacies run next?
On another matter, great news from India – the government is considering privatized airports, but using the term merchant airports. This is a good way forward for India and should be cheered by everyone in commercial aviation and also every Indian concerned with economic development and job creation.
More on Blackprogram
Today's news
By IAG | May 21st, 2007 | Posted in Aviation News, india, lcc | 1 CommentReports of LCCs hitting a "ceiling" are much overdone, as usual. Its the legacy airlines that are hitting a ceiling – once LCCs start international service, where will legacies run next?
On another matter, great news from India – the government is considering privatized airports, but using the term merchant airports. This is a good way forward for India and should be cheered by everyone in commercial aviation and also every Indian concerned with economic development and job creation.
More on Blackprogram
By IAG | May 15th, 2007 | Posted in india | No Comments
By IAG | May 15th, 2007 | Posted in india | No Comments
India stops Russian flights in Indian airspace
By IAG | May 15th, 2007 | Posted in aviation, india, russia | No CommentsIndia stops Russian flights in Indian airspace
By IAG | May 15th, 2007 | Posted in aviation, india, russia | No CommentsAir India and the Indian Air Force make a deal
By IAG | April 13th, 2007 | Posted in air india, india | No Comments- India's air force has over 3000 pilots
- Most of whom are not getting the amount of flying hours they need to stay proficient
- Airline demand is hot and pilots make 10 times more flying commercial
- India's air force has agreed to allow a steady stream to move from the air force to Air India
- This is a huge coup for Air India in a talent starved market
More on Blackprogram
Jet Airways buys Air Sahara
By IAG | April 12th, 2007 | Posted in india, jet airways, sahara | No Comments
India's largest private airline Jet Airways has agreed to buy Air Sahara for $340m, the BBC reported. The deal gives the airline a combined domestic market share of about 32%. An earlier bid by Jet for its smaller rival fell through last year.
This means the consolidation in India's airlines continues apace. Air India and Indian Airlines having already merged. There are a number of carriers essentially in startup mode that remain independent such as Kingfisher and Air Deccan.
However, the consolidation is a sign of rapid maturing. Jet Airways is India's leading private carrier and revived its merger deal with (it collapsed last year) Air Sahara offering 14.5 billion rupees ($329 million) for an all-cash acquisition. In January last year, Jet Airways offered $500 million to acquire Air Sahara, but later began haggling over the price.
The merger creates an airline controlling nearly half of India's domestic aviation market. The combined airline would have a fleet of 89 jets. Economy of scale is a crucial issue in the airline business. With this merger, an airline with a growing overseas network is created, easily able to take on Air India. Jet Airways is about to take delivery of its first 777-300ER (picture).
India remains a high growth market but this growth is stymied by critical infrastructure problems and skill shortages. Consolidation is a highly effective means of resolving some of these challenges. An excellent summary here.
Jet Airways buys Air Sahara
By IAG | April 12th, 2007 | Posted in india, jet airways, sahara | No CommentsIndia's largest private airline Jet Airways has agreed to buy Air Sahara for $340m, the BBC reported. The deal gives the airline a combined domestic market share of about 32%. An earlier bid by Jet for its smaller rival fell through last year.
This means the consolidation in India's airlines continues apace. Air India and Indian Airlines having already merged. There are a number of carriers essentially in startup mode that remain independent such as Kingfisher and Air Deccan.
However, the consolidation is a sign of rapid maturing. Jet Airways is India's leading private carrier and revived its merger deal with (it collapsed last year) Air Sahara offering 14.5 billion rupees ($329 million) for an all-cash acquisition. In January last year, Jet Airways offered $500 million to acquire Air Sahara, but later began haggling over the price.
The merger creates an airline controlling nearly half of India's domestic aviation market. The combined airline would have a fleet of 89 jets. Economy of scale is a crucial issue in the airline business. With this merger, an airline with a growing overseas network is created, easily able to take on Air India. Jet Airways is about to take delivery of its first 777-300ER (picture).
India remains a high growth market but this growth is stymied by critical infrastructure problems and skill shortages. Consolidation is a highly effective means of resolving some of these challenges. An excellent summary here.
