Tag: Jet Airways

  • Sudden buzz in Aviation Industry

    Sudden buzz in Aviation Industry

    I was planning for a week-long trip this November, and my plans started falling apart after I saw the airline ticket prices going up rapidly. The day (23rd Sept) I checked the fares, return tickets for two adults from BOM (Mumbai) to IXB (Bagdogara) via DEL (Delhi) travelling in November on  Air India (1 stop with the lowest layover time) costed Rs. 19,601. The fare for the same flight went up to Rs. 22,408  the very next day. On 3rd day, the fare again changed to Rs. 24,402. Today, the same flight tickets would cost me Rs.36,282.

    Woot! That’s a rock solid increase of Rs. 16,681 in ticket fare in just 4 days for a flight trip planned almost 2 months in advance. I had to wait for my salary to come to book trip tickets for this huge amount, and it now does not make any sense. As you might assume, I backed off from booking the ticket. (more…)

  • Kingfisher will have to settle fuel bills

    Kingfisher will have to settle fuel bills

    Vijay Mallya owned Kingfisher is in trouble. Ever since the merged entity has been active, its trouble time for the flamboyant business man. This time giving him trouble are the state owned oil cos. They have given a dead line of Feb 4 to clear all out standing dues owed by it to there entities failing which the fuel supplies would be stopped.

    Though the notice also has been sent to Jet Airways, they have prompty reverted with some commitment. While Kingfisher has not done so.

    The monthly bill for there carriers can be around some hundreds of crores.

    Due to cost cutting measures, a major chunk of corporates have stopped offering travelling conveyance of its employees on Airlines. They are turning to cheaper alternatives like trains and buses. The most luxurious travel its employees get is on the lowest cost carriers and this is where Kingfisher and Jet have been hit hard.

    Luxury always commands premium and these airlines make most of its lost revenue on economy sector.

    Hope this is not a down turn for already bleeding Aviation industry.