aviation

Jet Airways expand low cost service with Jet Konnect

Jet Airways expand low cost service with Jet Konnect
Airways with a 25.3% market share has made a surprise move of launching an additional low cost carrier brand ‘Jet Airways Konnect’ to augment its existing LCC ‘JetLite’ bought from Sahara Airlines.

Kingfisher merging into Deccan – Yes, a possibility

Kingfisher merging into Deccan – Yes, a possibility
Normally, an underperformer, the Deccan Aviation stock saw hectic buying on stock exchanges on rumours of a reverse merger with Kingfisher Airlines after delisting itself from the stock exchange. Instead, Kingfisher Airlines would list itself on the stock exchange.

‘India in Luxury’ – an itinerary exclusively for the rich

‘India in Luxury’ – an itinerary exclusively for the rich
In what may be the first ‘itinerary-based holday’ in India, Oberoi Hotels and Resorts have launched a holiday package called as ‘India in Luxury’. The package would be targeted towards top-end independent travellers from US and Europe.

Paramount Airways may fly with Spicejet and GoAir

Paramount Airways may fly with Spicejet and GoAir
Paramount Airways owned by Madurai based textile baron Thiagrajan has not one but two airlines on its radar. It plans to acquire Delhi-based Spicejet and Mumbai-based GoAir to create the first 3-way merger in Indian aviation history.

Aviation set to follow Telecom route, consolidation check-in with swift pace

Aviation set to follow Telecom route, consolidation check-in with swift pace
The inevitable has happened sooner than expected. After attracting new players catering to new routes with cheap prices, the Indian aviation sector is set for a shakeout. Just as telecom industry, India would soon have 5-6 airline companies operating on all-India routes, having deep pockets and stable pricing strategies to make airline business financially viable.

Carbon Credits – Wealth Creator for Eco-friendly Indian Companies

Carbon Credits – Wealth Creator for Eco-friendly Indian Companies
It is estimated that 60-70% of Green House Gases (like hydro fluorocarbons, methane and nitrous oxide) emission is through fuel combustion in industries like cement, steel, textiles and fertilizers. They are released as by-products of certain industrial process, which adversely affect the ozone layer, leading to global warming.

Air Deccan on troubled sky, Kingfisher on rescue

Air Deccan on troubled sky, Kingfisher on rescue
Captain Gopinath can be counted among the most risk-taking (first to bring the concept of low-cost airline in India), and most unlucky entrepreneur. The period during which IPO was available for subscription, the market witnessed its severest crash, and the issue barely managed to scape through with the lowering of offer price.