Cuckoo Paul

Articles by Cuckoo Paul
Tata group, Singapore Airlines to launch new Indian airline 
The Tata group, India’s biggest business conglomerate, is partnering with Singapore Airlines, to launch a new full-service carrier based in New Delhi.
Indian air traffic grows by more than 20% in August 
Domestic Indian air traffic grew by more than 20% in August, buoyed by cheaper air fares.
Indian carriers hit hard by rupee depreciation 
The falling rupee has forced Indian carriers to sharply increase domestic and international air fares.
Kingfisher files lawsuit against IAE over engine performance 
Bankrupt Indian carrier Kingfisher Airlines has filed a lawsuit against International Aero Engines (IAE), the carrier stated in its annual report.
Nepal stops widebody flights to Kathmandu  1
The Civil Aviation Authority of Nepal (CAAN) has asked international carriers not to operate widebody aircraft to Kathmandu’s Tribhuvan International Airport from September, due to safety concerns.
Air India to lease 19 Airbus A320s 
Air India has issued a tender to lease 19 Airbus A320s, in a move that will sharply increase its fleet size and improve its ability to compete with privately run carriers.
Jet Airways to induct one aircraft a month for three to four years 
India’s Jet Airways plans to continue with a steady capacity induction despite mounting losses.
Jet Airways Airbus A330-300
Jet Airways reports $59.8 million loss in fiscal 1Q 
India’s Jet Airways posted a net loss of INR3.55 billion ($59.8 million) in the fiscal first quarter ended June 30, reversed from a profit of INR247 million in the year-ago quarter.
SpiceJet Boeing 737-800
SpiceJet reportedly negotiating with Tiger Airways for equity stake 
Indian low-cost carrier (LCC) SpiceJet is reportedly in discussions with Singapore-based Tiger Airways for a possible equity stake sale.
Jet Airways Airbus A330-300
India’s regulator approves Etihad’s 24% stake in Jet Airways 
India’s foreign investment regulator on Monday approved Etihad Airways’ plan to buy a 24% stake in Jet Airways.
SpiceJet denies Kuwait Airways deal 
Indian low-cost carrier (LCC) SpiceJet has denied it is signing a deal with Kuwait Airways to sell a 25% stake.
Indian airlines to declare fare details 
India’s Ministry of Civil Aviation has decided to collect information from airlines on the number of seats sold at various price levels and make the information public.
India to replace DGCA, form new CAA 
India has approved replacing its aviation industry regulator—the Directorate General of Civil Aviation (DGCA)—with a more powerful Civil Aviation Authority (CAA).
Domestic Indian air traffic remains flat 
India’s domestic air traffic has remained stagnant in the first five months of 2013.
Jet Airways Boeing 737-800
Jet Airways names new CEO  1
Jet Airways has appointed Gary Kenneth Toomey as its new CEO, succeeding Nikos Kardassis, who is stepping down after a four-year term.

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