Gangwal’s appointment comes after activist investor Elliott criticized the airline’s board for not having enough directors with external airline experience.
InterGlobe is diving into the European hospitality scene with profit on its mind. As the CEO of Miiro Hotels clearly puts it, “This isn’t a vanity project — it’s a project for profit.”
There is an overall push in India to enhance air connectivity to smaller regions across the country. An increase in number of airports, increase in disposable income, and heightened interest in travel have given airlines the confidence to invest in expansion of their domestic operations. This is leading to Indians traveling more, domestically and internationally.
TBO Tek's successful IPO was followed by Ixigo's listing. Will Leela's debut on the stock market make it a hat-trick for Indian travel and hospitality companies?
The Indian aviation sector is adding more airports across the country, and airlines are investing in upgrading and expanding their fleets. A consistent growth in domestic air passenger traffic is crucial to their return on investments, especially as international airlines are eyeing this growing consumer base.
IndiGo's decision to add a hotel booking platform to its website and app seems to be aimed at targeting potential customers looking for a one-step solution for hotel and flight bookings. It is not the first Indian airline to make this move, but for a user base that pivots towards OTAs to find the most price-conscious option as well as deals, will this work?
Indigo’s dominance in the domestic Indian market is a testament to its cost leadership and superior operational capabilities but venturing into international long-haul market with widebody aircrafts will need a shift of mindset, strategy, and planning from its low-cost operation.
Air India Express has become the first airline to operate from two airports in the national capital region. The airline is aiming to use the Hindon airport to connect with the smaller cities in western Uttar Pradesh, Uttarakhand, and Haryana. It is not yet known if the airport will serve as another hub - but would it make sense if it were to become one?