Aerospace Diary

Credit- CAPA Carrier Auditor’s report Kingfisher Airlines Kingfisher Airlines' auditors have raised concern over its ability to remain a "going concern", stating it would need to inject more funds to remain in such a position. "The financial statements being prepared on a going concern basis, notwithstanding the fact that the company's net worth is eroded. The appropriateness of the said basis is inter-alia dependent on the company's ability to infuse the requisite funds for meeting its obligations," BK Ramadhayani & Co said in its report. Kingfisher Airlines chairman and MD Vijay Mallya, upon the release of the carrier's unaudited financial results for the nine months ended 31-Dec-2011, conceded that the company has "incurred substantial losses and its net worth has been eroded". He continued: "However, having regard to capital raising plans, group support, the request made by the Company to its bankers for fur...

Neelam Mathews Feb 21, 2012 A team of nine including representatives from ICAO and Ministry of Civil Aviation is presently preparing a blueprint on Business and General Aviation in India to cover helicopters, seaplanes and fixed wing operations. The report, once ready in April, will incorporate a future strategy for the sector taking into account its present infrastructural and regulatory constraints, an official told Aerospace Diary at the third IBAE held today. This is expected to be incorporated in the new Civil Aviation policy that has presently only two pages dedicated to the lucrative but oft ignored sector. CAPA Chief South Asia Kapil Kaul was vociferous that a joint secretary level official in the ministry of civil aviation be made the point guard for general and business aviation. “We have a good secretary wanting to make changes,” said Kaul. He added the DGCA required a organization structure to oversee interests of non- scheduled operators, "as does AAI at ED le...

AIN Air Transport Perspective » February 13, 2012 by  Neelam Mathews AirAsia has formed a new budget carrier with ANA called AirAsia Japan. February 13, 2012, 5:39 PM   Even as Asia Pacific airlines survived a testing 2011, overcapacity as a result of increased fleet orders is still concerning investors, who are already less willing to finance procurements in the current debt-laden environment. This was the message from Sydney-based thinktank the Center for Asia Pacific Aviation (CAPA) at the Low Cost Airlines Asia summit in Singapore last week. Record aircraft deliveries are under way this year despite the slow growth in traffic. Overall, Asia Pacific airlines have 520 aircraft on firm order for delivery over the next three years, of which 120 are widebodies, with many of the new deliveries additional rather than replacement aircraft. This equ...

Posted by-Neelam Mathews Dec 30, 2011 This might prove useful for planners! Credit- Routes AIRLINES INDIAN DOMESTIC MARKET INDIAN DOMESTIC MARKET ( non-stop weekly flights) Rank Airline Weekly Flights Weekly Seats % Capacity 1 Jet Airways 2,863 336,832 20.3 % 2 Air India 2,403 327,848 19.8 % 3 IndiGo Airlines 1,803 281,268 17.0 % 4 Kingfisher Airlines 2,687 277,656 16.8 % 5 SpiceJet 1,759 184,871 11.1 % (Others) 1,629 248,923 15.0 % TOTAL 13,144 1,657,298   TRANSATLANTIC AIR CAPACITY BETWEEN EUROPE AND NORTH AMERICA (non-stop weekly departures) Rank Airline Weekly Flights Weekly Seats % Capacity 1 British Airways 335 107,226 14.6 % 2 Delta Air Lines 307 73,668 10.0 % 3 Lufthansa 201 59,741 8.1 % 4 Air France 185 50...