Articles tagged “air india”

Why India’s Airlines Struggle to Turn Growth Into Profit

Why India’s Airlines Struggle to Turn Growth Into Profit

Mihir Sharma, Bloomberg

Intense rivalry is forcing a price war on airfares in India. Even the well-managed, airline market leader IndiGo recently declared a quarterly loss. But some of the weaker players may be culled in the next couple of years.

1 week ago

India’s Airlines Struggle Amid Tough Competition

India’s Airlines Struggle Amid Tough Competition

Kyunghee Park and Jill Ward , Bloomberg

It seems crazy to think that in such a buoyant aviation market carriers are struggling to make a profit. If they can't succeed now, maybe there's a case for consolidation?

3 weeks ago

Why It’s Hard for Airlines to Make Money in India’s Growing Market

Why It’s Hard for Airlines to Make Money in India’s Growing Market

Rajesh Kumar Singh and Anurag Kotoky, Bloomberg

A booming market doesn't necessarily mean massive profit. For a variety of reasons, Indian carriers have struggled over the years. Maybe the government needs to rethink how it regulates airlines?

3 months ago

AirAsia Close to Striking $23 Billion Deal to Buy Airbus Jets

AirAsia Close to Striking $23 Billion Deal to Buy Airbus Jets

Benjamin Katz and Anand Krishnamoorthy, Bloomberg

Malaysian airline AirAsia is serious about building a pan-Asian, low-budget airline. Its orders with Airbus, if the contracts get signed, will be a huge step in that direction. But don't underestimate the Gulf carriers in that market.

5 months ago

Defiant U.S. Airlines Could Face Consequences Over China’s Order on Taiwan

Defiant U.S. Airlines Could Face Consequences Over China’s Order on Taiwan

Anurag Kotoky, Bloomberg

U.S. airlines are not caving to China's demand that Taiwan not be described as a separate country or region. It could cost those airlines business. But kudos to U.S. carriers for standing strong on this one.

6 months ago

India’s Government Will Try Again to Sell Its National Airline

India’s Government Will Try Again to Sell Its National Airline

Shruti Srivastava and Vrishti Beniwal, Bloomberg

If at first you don't succeed ... try again, and again, and again. Unless someone out there is willing to take a risk, the Indian government looks like it will be stuck with the loss-making Air India.

6 months ago

How the Indian Government Could Successfully Sell Air India

How the Indian Government Could Successfully Sell Air India

Mihir Sharma, Bloomberg

On Friday the Indian government is considering having to infuse cash into Air India to give salaries to airline workers unpaid for the month of April. Hopefully, that will motivate the government to be more practical about how to sell the carrier. But we're doubtful.

6 months ago

Air India Fails to Lure Any Bidders as Modi’s Privatization Plan Stalls

Air India Fails to Lure Any Bidders as Modi’s Privatization Plan Stalls

Anurag Kotoky, Siddhartha Singh and Shruti Srivastava, Bloomberg

The sale of Air India was supposed to be a cornerstone of Prime Minister Modi's privatization effort. But nobody is interested. That's not great news for the airline and probably worse news for Modi's political future.

6 months ago

7 Headwinds Are Making Air India’s Sell-off a Bumpy Ride

7 Headwinds Are Making Air India’s Sell-off a Bumpy Ride

Anurag Kotoky, Bloomberg

India is not the first country that has politicized the sale of a state-owned airline. Still, it is to blame for a process that has created perverse incentives. Individual politicians can engage in risky one-upmanship of demands without being held accountable for blowing the best deal possible.

8 months ago

Air India Still Searching for a Savior as Potential Buyer Drops Out

Air India Still Searching for a Savior as Potential Buyer Drops Out

Anurag Kotoky, Bloomberg

Where does Air India go from here? The country's government is desperate to shift it off the books but the fact that a successful airline like IndiGo won't touch it, says a lot about the state of the company.

8 months ago

India Is Moving Ahead With Plan to Sell Its Flagship Airline

India Is Moving Ahead With Plan to Sell Its Flagship Airline

Anurag Kotoky, Bloomberg

IndiGo is already developing long-haul flights, and maybe, if it ends up buying this controlling stake in Air India, India's biggest airline will be in a stronger position despite the debt situation.

9 months ago

An Israel-Bound Commercial Flight Passes Through Saudi Airspace for First Time

An Israel-Bound Commercial Flight Passes Through Saudi Airspace for First Time

Jonathan Ferziger, Bloomberg

It's a win for Air India to shave two hours off a flight by going over Saudi Arabia, but will El Al be allowed the same opportunity?

9 months ago