Image Credit: Konstantin von Wedelstaedt by Vinay Bhaskara African carrier Ethiopian Airlines has announced a record net profit of 2.03 billion birr (US $107.6 million) for the period from July 2012 – June 2013, up 178% from 734 million birr (US $39.2 million)year-over-year (YOY). Operating profitability also rose a healthy 170% YOY to 2.7 billion birr (US $143.1 billion), from 1 …

by Devesh Agarwal Air India is well known for receiving thousands of crores of tax-payer rupees in bailouts, however, the unfettered largesse to the beleaguered national carrier does not end there. The airline is the constant recipient of indirect dole in the form of huge overdues to state-run service providers like the Airports Authority of India which runs most of …

by Vinay Bhaskara According to a report from the Press Trust of India, newly minted oneworld alliance member SriLankan Airlines is eyeing an expansion of its Indian operations by adding 12 new weekly flights to tap into its burgeoning hub at Colombo’s Bandaranaike International Airport. SriLankan Airlines chairman Nishantha Wickremasinghe had this to say about Sri Lankan’s plans We have not …

by Vinay Bhaskara June was a mostly positive month for traffic at India’s ten busiest airports. As the table below shows, traffic grew at eight airports, while declining at just two. Total traffic at India’s ten busiest airports grew around 2% year-over-year to roughly 10.7 million passengers, positive news after some declines in passenger traffic earlier this year. There were …