Articles tagged “india”

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.

2 weeks ago

Asia Was the Driver of Global Aviation Growth in 2017

Asia Was the Driver of Global Aviation Growth in 2017

Kyunghee Park, Bloomberg

Economics and population growth mean that India and China are quickly becoming of the powerhouses of the aviation industry. It won't be too long before more European and North American airports drop out of the top 20.

2 weeks 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.

3 weeks ago

Google Maps Wants to Chart India’s Streets to Find Next Billion Users

Google Maps Wants to Chart India’s Streets to Find Next Billion Users

Saritha Rai, Bloomberg

Google Maps can revolutionize how locals navigate their own city, but furthermore, it will attract tourists who want the comfort and confidence of a familiar app.

1 month ago

India Grounds 11 Airbus Jets in a Move the European Union Calls Unnecessary

India Grounds 11 Airbus Jets in a Move the European Union Calls Unnecessary

Benjamin Katz and Anurag Kotoky, Bloomberg

Hats off to Indian watchdogs for quickly responding to two shutdowns of aircraft with faulty parts in the past week. Affected airlines include IndiGo, India's largest carrier, with eight aircraft grounded. Hey, engine maker Pratt and Whitney: You're on notice.

1 month ago

SpiceJet Undertakes Its Largest Expansion in Bid to Take Share From Indigo

SpiceJet Undertakes Its Largest Expansion in Bid to Take Share From Indigo

Iain Marlow and Anurag Kotoky, Bloomberg

It appears as though SpiceJet founder Ajay Singh put the struggling India carrier back on track when he returned to the airline in 2015. In its competition against Indigo, SpiceJet is trying to solidify its place in a troubled but fast-growing aviation market.

2 months ago

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 months 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.

3 months 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.

3 months 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 months 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.

3 months 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.

3 months ago