As the government preps Air India for divestment, a key element of the plan is the reduction of the debt burden. The goal is to make the airline a better proposition for buyers. The debt reduction has been carried out by creating a special purpose vehicle (SPV) named Air India Asset Holdings Ltd (AIAHL) and moving half of the debt …
Read More »Monthly Archives: September 2019
Bangalore Airport announces Map contest
Bengaluru International Airport has announced a map designing contest. The objective of the contest is to “is to provide unique maps that would guide travellers to experience the rich diversity of this vibrant City”. Three wining entries will be printed made available to passengers traveling through the airport as takeaways. The contest requirements are: “The map must be fit to …
Read More »The great Indian aviation paradox – low fares fueled by unsustainable capacity
A robust aviation industry is essential for any nation to grow and prosper. Airlines connect businesses and people both nationwide and globally. Air transport is essential for global trade, helps bring in much needed forex from tourism, provides global access to local produce and creates jobs. The economic impact and benefits of this one industry overshadow many others. Historically, air …
Read More »Ultra-long haul flying: will Qantas succeed?
The recent announcement by Qantas regarding the 21 hour test flight has generated a lot of buzz. For the aviation industry the age of ultra-long haul flying (ULH) is here. Several flights are already operational, the most noteworthy being Perth – Heathrow, Singapore-Newark, Doha-Auckland and the very ambitious “Project Sunrise” of Qantas. The project is Qantas’ ambition to operate nonstop …
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