Travellers planning to fly on long haul destinations like US and Canada from India with Air India will enjoy their ride on the highly fuel-efficient Boeing 787 Dreamliner.
Air India has decided to replace its fuel guzzling Boeing 777s operating on these routes with more fuel efficient Boeing 787 Dreamliner. The airline is planning to lease out some of its B777s to private operators to save on its fuel costs and restructure its international operations after getting the delivery of its much-awaited 787 Dreamliner.
The flag carrier of the country, Air India stays on the preference list of many travellers taking tickets on inbound and outbound flights to India. The airline contributes a major share in the India's domestic air travel market.
However, the airline has been struggling for a while now. In order to cut down on fuel costs, Air India has been planning to replace Boeing 777s with some fuel-efficient aircraft like the 787s. However, the plans could not materialise due to delays in the delivery of 787s.
A sort of phenomenon in the aviation industry, Boeing 787 is made out of composite materials and features advanced technologies. The aircraft is considered to be 20% more fuel-efficient that any other aircraft.
Optimist budget travellers would hope the fuel efficiency factor of Boeing 787 will perhaps bring down the fuel costs of Air India and the airline might bring down its airfares by offering inbound and outbound cheap flights to India.
Once Air India gets the clearance, the airline will induct around three Boeing 787 within June or July.
Reference
Showing posts with label Air India Latest News. Show all posts
Showing posts with label Air India Latest News. Show all posts
Monday, June 18, 2012
Tuesday, April 24, 2012
Hope for Indian Aviation As AI Posts Healthy Growth Revenue
When going gets tough, the tough get going! While it may be too early to celebrate Air India’s ‘toughness’, it sure is not too early to at least express hope!
India's flag carrier has posted some impressive revenue growth figures for the month of March as compared to same period last year. Sources in the airline say a healthy 46 per cent revenue growth has been achieved in the month in comparison to last year.
The growth basically rides on the airline’s better performance on the domestic travel sectors. The yields on domestic sector had noteworthy growth of 38.5 per cent in March vis-à-vis last year.
However, it is not to imply that Air India’s international operations fared badly. The airline has done reasonably well with 33 per cent growth in passenger revenue on international operations. It seems more people have chosen Air India to book their flights to India in March 2012 as compared to same month in 2011.
No doubt, these encouraging figures will offer some sort of hope to the ailing Indian aviation industry. A major global economy, the world would like to see Indian aviation more promising than it currently seems to be. India is also a popular holiday destination and the demand for air tickets on cheap flights to India especially seldom sees a slack, which again validates the need for a health aviation industry.
A week ago, the Indian Government approved the much-expected turnaround plan and a financial restructuring plan involving an Rs 30,000-crore equity infusion over the next eight years and a debt recast (CDR) of Rs 21,200 crore.
Reference
India's flag carrier has posted some impressive revenue growth figures for the month of March as compared to same period last year. Sources in the airline say a healthy 46 per cent revenue growth has been achieved in the month in comparison to last year.
The growth basically rides on the airline’s better performance on the domestic travel sectors. The yields on domestic sector had noteworthy growth of 38.5 per cent in March vis-à-vis last year.
However, it is not to imply that Air India’s international operations fared badly. The airline has done reasonably well with 33 per cent growth in passenger revenue on international operations. It seems more people have chosen Air India to book their flights to India in March 2012 as compared to same month in 2011.
No doubt, these encouraging figures will offer some sort of hope to the ailing Indian aviation industry. A major global economy, the world would like to see Indian aviation more promising than it currently seems to be. India is also a popular holiday destination and the demand for air tickets on cheap flights to India especially seldom sees a slack, which again validates the need for a health aviation industry.
A week ago, the Indian Government approved the much-expected turnaround plan and a financial restructuring plan involving an Rs 30,000-crore equity infusion over the next eight years and a debt recast (CDR) of Rs 21,200 crore.
Reference
Wednesday, April 4, 2012
Air India's New Offer Spells Big Savings on Flights to India
Air India is going all out to woo senior citizens who are travelling to India! India’s flag carrier has announced “Senior Citizen Companion Fare” that will allow two senior citizens who are travelling together to save some serious amount of money.
Travellers who are 62 years of age or older will now be able to save at least $1,300 each on published round trip Executive Class tickets on flights to India in case two senior passengers travel together. The offer is valid on AI’s non-stop flights to Delhi from John F. Kennedy International Airport, Newark Liberty International Airport to Mumbai, or Chicago O'Hare International Airport to Delhi and return. Air India’s flights to India from North America are served by either Boeing 777-200LR or 777-300ER aircraft.
The state-run airline has even come up with special add-ons for connections to more than 50 other major cities in India for passengers who want to take advantage of the “Senior Citizen Companion Fare” but want to travel beyond Delhi or Mumbai.
Interested travellers must take care of certain points before booking their cheap flights to India under the scheme.
Travellers who are 62 years of age or older will now be able to save at least $1,300 each on published round trip Executive Class tickets on flights to India in case two senior passengers travel together. The offer is valid on AI’s non-stop flights to Delhi from John F. Kennedy International Airport, Newark Liberty International Airport to Mumbai, or Chicago O'Hare International Airport to Delhi and return. Air India’s flights to India from North America are served by either Boeing 777-200LR or 777-300ER aircraft.
The state-run airline has even come up with special add-ons for connections to more than 50 other major cities in India for passengers who want to take advantage of the “Senior Citizen Companion Fare” but want to travel beyond Delhi or Mumbai.
Interested travellers must take care of certain points before booking their cheap flights to India under the scheme.
- The offer applies to transatlantic travel Monday through Thursday in both directions, with travel commencing on or before October 15, 2012.
- Travellers must book their cheap flights to India with the airline by September 30th.
- Minimum stay in India is 21 days and the maximum stay is 6 months for those travelling under this plan.
- Tickets are refundable, less a cancellation fee of $500 per passenger.
Wednesday, March 14, 2012
Air India Seeks $1bn Compensation from Boeing for 787 Delay
It seems that all the delays that prevented Air India from inducting 787 Dreamliner into their fleet are going to pay well! India’s Aviation Ministry has asked the Boeing Co. to cough up as much as one billon dollars for the delay in delivering the Dreamliner!
A senior airline official reveals that the American company has already agreed to pay half of that amount and the negotiations are underway to make it almost a billion dollar compensation.
India’s flag carrier, Air India is most likely to get the delivery of its first Dreamliner in May. And if something goes wrong and the aircraft delivery date is pushed further away then the compensation by all means will spiral upwards, something that the ministry official made very clear. And given the fact that Boeing has still to procure the needed certification for the 787 engines from US regulators, it doesn’t seem an altogether improbable scenario either.
Boeing 787 Dreamliner is widely regarded as the world’s most fuel efficient aircraft and many airlines all over the world have opted to include this airliner in their fleet. However, Boeing's Dreamliner project has faced several delays due to technical snags.
Air India, popular among patrons as a top choice for flights to India, had ordered 27 Dreamliners few years back but is yet to receive the delivery. Dreamliner, being regarded as a highly fuel efficient aircraft, is likely to save money on fuel costs for the airlines, something AI is counting on. Even travel enthusiasts, who look for tickets on cheap flights to India, can afford to remain hopeful once the Dreamliner is plied on long-haul routes.
Boeing 787 will be displayed at the Indian Aviation Show 2012, which kicks off today in Hyderabad.
Reference
A senior airline official reveals that the American company has already agreed to pay half of that amount and the negotiations are underway to make it almost a billion dollar compensation.
India’s flag carrier, Air India is most likely to get the delivery of its first Dreamliner in May. And if something goes wrong and the aircraft delivery date is pushed further away then the compensation by all means will spiral upwards, something that the ministry official made very clear. And given the fact that Boeing has still to procure the needed certification for the 787 engines from US regulators, it doesn’t seem an altogether improbable scenario either.
Boeing 787 Dreamliner is widely regarded as the world’s most fuel efficient aircraft and many airlines all over the world have opted to include this airliner in their fleet. However, Boeing's Dreamliner project has faced several delays due to technical snags.
Air India, popular among patrons as a top choice for flights to India, had ordered 27 Dreamliners few years back but is yet to receive the delivery. Dreamliner, being regarded as a highly fuel efficient aircraft, is likely to save money on fuel costs for the airlines, something AI is counting on. Even travel enthusiasts, who look for tickets on cheap flights to India, can afford to remain hopeful once the Dreamliner is plied on long-haul routes.
Boeing 787 will be displayed at the Indian Aviation Show 2012, which kicks off today in Hyderabad.
Reference
Monday, March 12, 2012
Air India to Showcase The Dreamliners Next Week
Boeing recently announced the delivery of Air India’s first seven 'Dreamliners'. These dreamliners will land at Hyderabad’s Begumpet Airport on the eve of India Aviation 2012 and will remain on static display till March 16.
However, the airline will induct the dreamliners in May after the operational and technical certifications from the US Federal Aviation Administration, the Directorate General of Civil Aviation and other agencies.
Air India’s new 787s will feature its livery that includes 'red and white' colours depicting flying swan with the 'Konark Chakra'.
Air India, popular choice for tickets on flights to India, has sought a hefty compensation from Boeing for the delayed delivery.
In order to handle the anticipated financial burden after this deal, the airline has decided to sell and leaseback the first seven dreamliners. Air India has also started looking for bridge financing worth USD 230 million.
However, whether to curtail the order or leaseback all the planes or purchase some of them outright is to be decided by the Indian government. The government also seeks to sort out the compensation issues before Air India starts inducting dreamliners.
Air India plans to replace the Boeing-777 with Boeing-787s for long-haul, non-stop flights. So tourists can now expect Boeing-787 to be best choice for netting tickets on long-haul flights to India.
Dreamliners are 20 percent more fuel-efficient and could be the best bet for holiday makers looking for tickets on cheap flight tickets. With better fuel-efficiency, airlines can now delight travellers with more cheap flights to India and other destinations.
Details on the number of seats in both classes of travel are still unavailable due to commercial reasons.
However, the airline will induct the dreamliners in May after the operational and technical certifications from the US Federal Aviation Administration, the Directorate General of Civil Aviation and other agencies.
Air India’s new 787s will feature its livery that includes 'red and white' colours depicting flying swan with the 'Konark Chakra'.
Air India, popular choice for tickets on flights to India, has sought a hefty compensation from Boeing for the delayed delivery.
In order to handle the anticipated financial burden after this deal, the airline has decided to sell and leaseback the first seven dreamliners. Air India has also started looking for bridge financing worth USD 230 million.
However, whether to curtail the order or leaseback all the planes or purchase some of them outright is to be decided by the Indian government. The government also seeks to sort out the compensation issues before Air India starts inducting dreamliners.
Air India plans to replace the Boeing-777 with Boeing-787s for long-haul, non-stop flights. So tourists can now expect Boeing-787 to be best choice for netting tickets on long-haul flights to India.
Dreamliners are 20 percent more fuel-efficient and could be the best bet for holiday makers looking for tickets on cheap flight tickets. With better fuel-efficiency, airlines can now delight travellers with more cheap flights to India and other destinations.
Details on the number of seats in both classes of travel are still unavailable due to commercial reasons.