Well folks, my one year anniversary here at Bangalore Aviation has come and gone (August 11th was the correct date), and I would just like to take the opportunity to thank all of our wonderful readers and contributors/commenters. I would also like to thank Devesh for the wonderful opportunity he has given me to air my thoughts and opinions here. …
Read More »Daily Archives: August 21, 2012
Jet Airways Q1 FY 2012-2013 analysis – prudent cost cutting leading to profits
When Mumbai based full service carrier Jet Airways reported a Rs. 33.3 Crore net pre-tax profit in the first quarter of fiscal year 2012-2013, it represented a resounding statement that the Indian airline industry may have finally found its footing. Photo copyright Devesh Agarwal. Having slipped to net losses in each quarter last year due to the near constant rise …
Read More »IndiGo pips Jet to become largest domestic carrier in India. Mumbai airport most punctual.
Carrying 1.226 million passengers in July 2012, Gurgaon based IndiGo pipped the Jet Airways’ group (Jet Airways and JetKonnect) at 1.207 million, to become the largest domestic carrier in India. IndiGo’s market share has grown to 27.02%, at the expense of a failing Kingfisher Airlines whose market share has declined to a mere 3.44%. The country’s aviation regulator reports based …
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