Articles tagged “india”

Australia Is Benefitting From a Rise in Chinese and Indian Tourists

Australia Is Benefitting From a Rise in Chinese and Indian Tourists

Michael Heath, Bloomberg

The growth of Chinese outbound tourism often dominates discussion but India is having its own boom.

2 hours ago

Profitability Is Not On the Horizon for India’s MakeMyTrip as Price Wars Take Hold

Profitability Is Not On the Horizon for India’s MakeMyTrip as Price Wars Take Hold

Sean O'Neill, Skift

India has many homegrown online travel players, but only a couple will thrive. MakeMyTrip will be one of the survivors, but it may take until 2022 for it to achieve profitability. Expect it to make more acquisitions and investments to consolidate market share.

2 weeks ago

Asia’s Fastest Growing Airport Is in New Delhi, India

Asia’s Fastest Growing Airport Is in New Delhi, India

Kyunghee Park, Bloomberg

India's aviation growth is impressive, especially given that about 97 percent of the population has never flown, according to SpiceJet. Maybe the Delhi airport can give Beijing and Atlanta a run for their money.

2 weeks ago

India Will Quintuple Airport Capacity to Meet Surging Demand

India Will Quintuple Airport Capacity to Meet Surging Demand

Anurag Kotoky, Bloomberg

Not too long ago, less than three percent of India's population flew, according to SpiceJet's chairman and managing director. That airline came back from the dead and now things are seriously looking up across the industry.

3 weeks ago

Indian Government to Break Up Air India Ahead of Potential Sale

Indian Government to Break Up Air India Ahead of Potential Sale

Anurag Kotoky, Bloomberg

Prime Minister Narendra Modi is doing everything he can to make Air India as appealing as possible to potential investors. Stripping away some of the debt and breaking up the company may help persuade someone that it is worth the money.

1 month ago

Indian Government Woos Foreign Airlines to Invest in Air India

Indian Government Woos Foreign Airlines to Invest in Air India

Shruti Srivastava and Anurag Kotoky, Bloomberg

Indian Prime Minister Narendra Modi recently made progress in easing often daunting restrictions on investment. Foreign airlines can now buy up to 49 percent of Air India. But overseas investors may still ignore the struggling company.

1 month ago

Taj Mahal Cleaning Project May Mar the View for Some Visitors

Taj Mahal Cleaning Project May Mar the View for Some Visitors

Nick Perry, Associated Press

The World Heritage site will stay open while workers complete its first thorough cleaning since it was built 369 years ago. Visitors should know the dome will be scaffolded periodically through 2019.

2 months ago

India’s Booming Air Travel Market Still Has Plenty of Room to Grow

India’s Booming Air Travel Market Still Has Plenty of Room to Grow

Sam Nagarajan, Bloomberg

India's domestic air travel market is about to become the third biggest in the world despite the fact that the vast majority of its people have never been on an aircraft. The potential for growth in the country is incredible.

3 months ago

Uber Focuses on Scale Rather Than Technology Upgrades in India

Uber Focuses on Scale Rather Than Technology Upgrades in India

Saritha Rai, Bloomberg

There are plenty of examples where consumer technology behavior is way ahead of a major company that's slow to respond to marketplace demand. But with Uber in India, it's the other way around, and the company is taking a step back to focus on basics before it takes a test drive with features available in other markets.

3 months ago

United Airlines Suspends Flights to New Delhi Because of Toxic Smog

United Airlines Suspends Flights to New Delhi Because of Toxic Smog

Divya Patil, Bloomberg

The air quality in New Delhi isn't acceptable for United employees, passengers or Indians. United doesn't want any part of this and smartly suspended its flights until the smog lifts.

3 months ago

MakeMyTrip Takes Steps to Escape Becoming a Price-War Casualty

MakeMyTrip Takes Steps to Escape Becoming a Price-War Casualty

Sean O'Neill, Skift

The online travel market in India is ripe with opportunity. But competition is brutal. In response, MakeMyTrip has recently debuted loyalty programs and technological upgrades to entice well-heeled customers to choose it over the discounters.

4 months ago

SpiceJet Is Buying Seaplanes to Reach Indian Areas That Other Airlines Can’t

SpiceJet Is Buying Seaplanes to Reach Indian Areas That Other Airlines Can’t

Anurag Kotoky, Bloomberg

Most of India’s 450 airstrips are too decrepit for big planes. So SpiceJet's likely plan to buy 100 amphibious planes to reach otherwise hard-to-serve areas sounds like a puddle-jump worth taking.

4 months ago