Low-cost airlines

October 8, 2012 - 1:44pm

A story in this week’s Loveland, Colo. Reporter Herald says that Allegiant Airlines’ suspension of service from Loveland in August was due to airline CEO Maurice Gallagher’s concern about safety based on too much local air traffic and the airport’s lack of a control tower. Local city officials, as well as representatives of the Transport Workers Union representing Allegiant flight attendants want to know why, if flight safety is the reason for the pullout, the airline plans to continue operating service to Las Vegas through the end of October.

October 4, 2012 - 4:00pm

Jumpjet, a start-up “luxury travel club” launched on Tuesday, aims to provide per-seat private jet travel at first-class airline prices. Under its program, customers pay a fixed monthly fee over a 12-month period that allows them to book a seat on 10 round-trip flights per year, without any extra per-flight-hour charges, on third-party charter aircraft flown by Wyvern- or Argus-audited operators.

October 2, 2012 - 6:56am

The International Air Transport Association (IATA) has issued an improved forecast for global airline profits this year, but the latest projections point to more pain for Europe’s carriers. IATA now predicts the world’s airlines will achieve a combined profit of $4.1 billion this year ($1.1 billion higher than its last projection of $3 billion made in June 2012).

October 1, 2012 - 2:35am

The western Indian state of Gujarat has what amounts to its first regional airline with the launch of Deccan Shuttles by G.R. Gopinath, who founded India’s first low-cost airline, Air Deccan, before selling it to Kingfisher Airlines. Scheduled operations started on August 27 using a pair of nine-seat Cessna 208B Grand Caravans. The turboprop singles ply the Ahmedabad-Surat-Bhavnagar and Ahmedabad-Kandla routes, marking the first-ever direct air service between provincial cities in this large state.

September 24, 2012 - 12:20pm

The Indian government has finally given in to demands to ease restrictions on foreign direct investment (FDI) in the country’s struggling airlines. The unexpected September 14 announcement clears the way for foreign carriers to take up to a 49-percent stake in Indian operators, with the exception of government-owned Air India. However, industry and financial analysts indicated to AIN that they view the policy U-turn cautiously, warning that it won’t necessarily mean salvation for cash-strapped carriers.

September 21, 2012 - 10:04am

Japan’s All Nippon Airways has decided to place a firm order for another 11 Boeing 787-9s, scheduled for delivery from Japanese Fiscal Year 2018 to FY2021. The order, worth $3.25 billion at list prices, raises ANA’s firm order count to the larger of the two Dreamliner types on offer to 30. The 787 launch customer has so far taken delivery of thirteen 787-8s and awaits delivery of 23 more.

September 17, 2012 - 1:10pm

Malaysia’s National Aerospace and Defence Industries (NADI) and Lion Air parent PT Lion Grup of Indonesia plan to establish a new low-fare airline in Malaysia named Malindo Airways, the new partners announced Tuesday in Kuala Lumpur. Scheduled to start flights next May out of Kuala Lumpur International Airport’s regional transit hub, Malindo would compete directly with AirAsia–the biggest low-fare carrier in the region–in its home market of Malaysia, as well as Indonesia, Thailand, Australia, India and Japan.

September 11, 2012 - 11:52am

Malaysia’s National Aerospace and Defence Industries (NADI) and Lion Air parent PT Lion Grup of Indonesia plan to establish a new low-fare airline in Malaysia named Malindo Airways, the new partners announced Tuesday in Kuala Lumpur.

September 3, 2012 - 8:30pm
Dinesh Keskar (left) and Lion Air president Rusdi Kirana

With leasing companies taking positions on Boeing’s new 737 Max, the Asia-Pacific region holds the key to large narrowbody orders, according to Boeing’s senior vice president of sales for Asia Pacific and India, Dinesh Keskar. “We have three potential customers in India and more in Asia [that can take the Max] on lease or direct buy: Jet Airways, SpiceJet and even Air India Express,” he told AIN. “[The Max] can go 500 additional miles, which will be a big boon for the Asian market.”

September 3, 2012 - 8:15pm

Despite $1 billion in losses during the first half of this year stemming from fuel and other cost increases, major U.S. airlines have improved operational performance on several fronts, according to the trade group Airlines for America (A4A).

 
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