In this video, we take a deep dive into the aviation industry in India and explore the reasons behind the recent bankruptcy of Go Airlines, popularly known as GoAir. We examine the challenges faced by airlines in making profits in the competitive Indian market and how IndiGo Airlines, the country's largest carrier, manages to stay ahead of its rivals. We analyse the factors that led to GoAir's financial troubles, including high operating costs and intense competition. We also discuss the airline's plans for restructuring and potential acquisition by other players in the industry.
2 Aug 2023Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.
26 Jul 2023Interglobe Aviation Ltd, Which Operates Budget Carrier Indigo, Has Become India's Leading Airline To Cross ₹1 Trillion In Market Capitalization (Mcap) On June 28. The Stock Hit A 52-Week High Of ₹2,634.25 On The Bse Earlier In The Session Today, With A Market Value Of ₹1.01 Trillion. Shares Of Indigo Settled 3.55 Per Cent Higher At ₹2,619.85 A Piece On The Bse, Compared To The Previous Close Of ₹2,529.95.
7 Jul 2023IndiGo, India's largest airline, has made history with a record-breaking order of 500 planes, following Air India's recent deal for 470 aircraft. This massive expansion signifies the remarkable growth story of the Indian aviation market, with increased capacity expected to enhance connectivity domestically and internationally. As IndiGo and Air India dominate the industry, experts foresee a duopoly forming. The bullish outlook on India's economy, under-penetrated market, and rising passenger numbers further fuel airlines' confidence. Witness the extraordinary transformation and progress of Indian aviation through this groundbreaking aircraft order.
5 Jul 2023In this video, we explore how the aviation industry in India is defying the global trend and experiencing a booming phase amid the pandemic. Despite the challenges faced by the COVID-19 pandemic, India has seen sustained growth in regional turboprop flight operations, leading the charts globally. We discuss how India's increasing domestic aviation demand is fueling the growth in regional flights, which are primarily powered by turboprop engines and are ideal for connecting short to medium-haul destinations. We also analyze how the right network and connection can make demand from regional routes sustainable and profitable.
3 Jul 2023India’s aviation sector is abuzz! Indigo, India’s largest airline is all set to buy 500 commercial jets. The mega deal is expected to be signed at the Paris Air show on Monday. World's biggest aircraft deal this order for 500 narrow bodied A320 airbus aircrafts will eclipse the 470 aircrafts ordered by Air in February this year.
19 Jun 2023The airlines will see 41-46% and 67-72% contraction in domestic and global passenger traffic, respectively, in FY2021The aviation industry's net debt may rise to ₹46,500 crore by 2021-22, ICRA said
1 min read14 May 2020The Economic Survey notes that while domestic aviation growth is commendable, the share of Indian airlines in international traffic is low compared with some other countries
2 min read12 Aug 2017Airlines are likely to cut their combined debt to Rs58,000-60,000 crore in 2015-16 from Rs70,000 crore in 2014-15 due to lower fuel prices
3 min read1 Jun 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared