Latest news with #Airbus
Time of India
32 minutes ago
- Business
- Time of India
Europe ahoy: IndiGo to start London, Copenhagen & Athens flight by winter
File photo NEW DELHI: Indian globetrotters will soon have more airline options for their overseas trips. IndiGo CEO Pieter Elbers Friday said the airline will start flights to London, Copenhagen & Athens in Europe and Siem Reap in Cambodia by this winter. India's largest airline is starting Europe flights with Amsterdam and Manchester on Norse Atlantic wet leased (hired with operating crew) Boeing 787s this July. This year, it will add 10 new international destinations to its network apart from introducing its business product Stretch on some international destinations — Dubai, Bangkok, Singapore and Phuket — that are served by narrow body aircraft. 'With one new aircraft joining the fleet every week for the next decade or so, IndiGo anticipates surpassing a fleet size of 600 aircraft by 2030. We received 58 Airbus aircraft last fiscal and crossed the $10 billion revenue mark apart from flying 11.8 crore passengers. Every three days, we fly 10 lakh passengers,' Elbers said here Friday as IndiGo is hosting the annual general meeting of International Air Transport Association (IATA). Air India has also placed an order for over 500 aircraft and is growing aggressively after Tatas took over the Maharaja in Jan 2022. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like A brain tumor threatens his life. Please save him. Donate For Health Donate Now Undo 'India is in a hurry and so is IndiGo,' he said referring to the growth of the airline. In fiscal 2015, it had 21 domestic destinations and now it is at 91 to which Hindon, Adampur, Navi Mumbai and Greater Noida will be added this year. In fiscal 2015, it had five international destinations and now it has 40 in which 10 more will be added in FY 26. 'People ask us if we are a low cost carrier (LCC) or a full service one, we are neither. We have built our own model,' the CEO said. IndiGo has signed an agreement with Norse Atlantic Airways for a damp lease of six Boeing 787-9 Dreamliner aircraft, deliveries of which will be completed by early 2026. This fiscal it will get the long range Airbus A321XLR. The Dreamliners will be used for direct flights connecting Mumbai with Manchester and Amsterdam starting July 2025, and then flights from India to London and Copenhagen. Athens will be served by the A321XLR. 'The airline will (add) four more Central Asian destinations being added... will re-activate services to Almaty and Tashkent with new non-stop services from Mumbai. Tbilisi will also see additional capacity with non-stop connectivity from Mumbai. Direct flights to Siem Reap will be IndiGo's foray in the India – Cambodia market… after the launch of services to Langkawi, Penang and Krabi last year. The airline will also add capacity to Denpasar Bali (Indonesia) as well as Ho Chi Minh City and Hanoi in Vietnam,' Elbers said. IndiGo has two maintenance facilities with hangars Delhi and Bengaluru. On Friday, it signed an MoU with Bangalore International Airport Limited (BIAL) to build a maintenance repair overhaul (MRO) facility on 31 acres of land. This facility will be equipped to handle narrow-body and wide-body aircraft. 'With more than 400 aircraft in fleet and over 900 on order, a dedicated MRO facility will give a significant advantage in terms of aircraft availability, greater cost efficiencies and quicker turnaround benefiting the airline. We are keeping planes longer now and that also makes a MRO necessary,' Elbers said.
Indian Express
4 hours ago
- Indian Express
Gaurav Taneja, aka Flying Beast, analyses Delhi-Srinagar IndiGo incident; claims Pakistan would've allowed entry had pilots declared MAYDAY
YouTuber Gaurav Taneja, best known as Flying Beast online, analysed the recent incident where a Srinagar-bound IndiGo flight had to navigate extreme weather conditions. The flight was denied entry into Pakistani airspace due to the ongoing tensions between India and Pakistan, and was left with no option but to penetrate the weather. He said in his latest YouTube video that the pilots displayed incredible poise while navigating the extreme weather conditions, but that they shouldn't have been in the position in the first place. 'Pilots are told that if there is bad weather ahead, at no cost can they penetrate that weather,' he said, adding, 'On day one, pilots are told, 'Bhai, laal rang radar pe dikhe, usme kabhi mat jaana'.' He said that the meteorological department should've warned Delhi in advance, and that the aircraft shouldn't have been dispatched in the first place. Gaurav, who worked as a commercial pilot for a decade before turning to YouTube full-time, has analysed past aircraft incidents like this as well. In his video, he explained what options the pilots had, why they weren't able to turn back around and return to Delhi, and why airlines need to take another look at their policies. Gaurav presented the flight-path on the screen, and with diagrams and notations, explained what the aircraft went through. 'It doesn't make sense to take a right turn, because you'd hit the Himalayas. It would be like out of the frying pan and into the fire. They could've also turned back around, or they could've decided to continue. The pilot decided to continue. I'll explain why they couldn't turn back, because it's important for airlines to rethink their policies about this,' he said. Explaining how a flight's radar system works, he continued, 'Weather patterns are colour-coded, if there is red on the radar, it means bad weather. Bad weather can shake a plane up, it can even turn a plane upside down. It can be extremely turbulent, and should be avoided at all costs. Amber zones on the radar should also be avoided. Green can be penetrated, but only if no other options are available. Even this isn't recommended. What's recommended is that pilots should maintain 20 nautical miles distance between the plane and weather. Even Airbus recommends this.' He said that the pilots could have theoretically passed the bad weather from above, but this isn't practical. Pilots can't gain altitude and navigate the weather from above, because in all likelihood, the cloud is 6000 ft high. 'It isn't recommended to climb 6000 ft, because this consumes a lot of fuel and takes a lot of time. It can also disrupt traffic and make things difficult for the ATC. The standard recommendation is to either take a left or right,' he said. Gaurav said that there is a catch; a plane's radar system collects data via the size of water droplets outside. Older radar systems don't have the capability of registering 'ice particles, snow, sandstorms, and dry hail'. And this is likely what happened with the Delhi-Srinagar flight. He said that it is a common misconception that flying during monsoon season is dangerous; the most dangerous time to fly, he said, is during the pre-monsoon, because this is when the weather is building. He continued, 'In my experience, an aircraft returns to base only in the event of a technical fault, either in the landing gear, or the hydraulics, or the electricals. You might think that this would've been the easiest thing to do, but let me tell you what goes on. Flights are usually equipped to deal with diversions, meaning that they have extra fuel and such. But the pilots probably didn't decide to turn back because they had no prior experience with a situation like this.' He then offered his theory about why Pakistan didn't allow the aircraft into its airspace. He said that regardless of wars or conflicts, if lives are at stake and a pilot declares emergency, the flight would have been allowed to enter. But the pilots didn't call out MAYDAY; they called out the lesser distress signal PAN PAN. 'From the information we have till now, the pilots didn't declare an emergency; had they done so, Pakistan would've had to allow them into their airspace. Nobody has declared an emergency due to weather. The airspace around Pathankot is controlled by the Air Force; it's called Northern Control. The pilots told Northern Control that they'd hit weather. They were told to contact Delhi, who would contact Lahore. Because Lahore is civil airport, Northern Command couldn't contact them. The aircraft must've gotten in touch with Lahore in a couple of minutes, Lahore must've gone up the chain to ask for permission to allow the aircraft into Pakistani airspace. The permission was denied,' he said. What happened during this back-and-forth was that the pilot lost around 10-15 minutes. 'The aircraft was at the threshold of the bad weather, and there was no turning back,' he concluded. In 1999, the pilots of the hijacked IC 814 were also denied entry into Pakistani airspace, but was eventually given permission when Lahore thought that the flight could crash in a crowded area. A Netflix series dramatising the hijacking was released last year. Pilot Devi Sharan told CNN, 'I reached Lahore, everything was closed. Airport runway was closed. I didn't have any choice. I didn't have any fuel to go back to Amritsar. I had only one choice: to crash the plane.' Despite his intention to crash, Sharan decided to delay the landing after noticing people on the ground. The situation took a dramatic turn when Pakistani airport authorities, realizing the imminent danger, gave the flight clearance to land just in time. 'In the meantime, (Pakistani airport officials) came to know we have to crash this airplane. Then they gave me runway (clearance) … I had about one and half minutes of fuel left so luckily I landed on the runway,' he said.
New Indian Express
5 hours ago
- Business
- New Indian Express
Operate more international flight services from Vijayawada, Andhra Pradesh Chambers urges IndiGo
VIJAYAWADA: A team from IndiGo Airlines, led by Associate Director of Sales (South India) Saurabh Sachdeva, met office-bearers of the Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) in Vijayawada on Thursday. AP Chambers President Potluri Bhaskara Rao highlighted the growing aviation potential in the Vijayawada region and urged IndiGo to introduce more international flights. 'We thank IndiGo for launching the Vijayawada-Kurnool direct flight. There is an immense demand for international connectivity from Vijayawada, especially to Dubai and Singapore,' he said, citing the large NRI population, student migration, and growing business community. He pointed out that prior to the pandemic, IndiGo operated a direct flight from Vijayawada to Singapore with over 80% occupancy. He added that increasing industrial activity and capital city development have further boosted demand. He also requested the use of larger aircraft like Airbus or Boeing to accommodate both passengers and belly cargo, and proposed direct flights from Vijayawada to Varanasi.
Yahoo
5 hours ago
- Business
- Yahoo
GE Aerospace (GE): A Bull Case Theory
We came across a bullish thesis on GE Aerospace (GE) on Asymmetric Ventures' Substack. In this article, we will summarize the bulls' thesis on GE. GE Aerospace (GE)'s share was trading at $241.78 as of 27th May. GE's trailing and forward P/E were 38.14 and 43.29 respectively according to Yahoo Finance. A huge in-process machining center producing parts for aircraft and aerospace systems. GE Aerospace is a leading force in the aerospace industry, primarily generating revenue through its maintenance, repair, and overhaul (MRO) services. This segment benefits from a large installed base of engines and Power-by-the-Hour contracts, which provide customers with predictable costs and GE with stable, recurring income. The company's extensive global network of service centers and highly trained workforce enable rapid and efficient engine servicing, reinforcing its market dominance. Programs such as TrueChoice™ and TrueEngine™ enhance customer loyalty by allowing flexible maintenance options and improving engine performance and residual value. Additionally, GE Aerospace leverages advanced predictive maintenance technology that utilizes real-time data to anticipate engine issues, reducing downtime and lowering maintenance costs for clients. The firm maintains significant competitive advantages due to high barriers to entry, including complex engineering expertise, regulatory certifications, and long-term relationships with major aircraft manufacturers like Boeing and Airbus. These partnerships give GE Aerospace exclusive access to key engine programs, securing a near-monopoly in several market segments. The company also benefits from a strong aftermarket position, with customers relying on GE for life-cycle support of their engines. Under CEO Larry Culp's leadership, GE Aerospace has focused on operational efficiency, innovation, and strategic portfolio management, helping the division navigate challenges like supply chain disruptions and rising competition. Its robust balance sheet and steady cash flows position it well for ongoing investment in technology and growth initiatives. Overall, GE Aerospace stands as a financially solid, technologically advanced leader with durable competitive moats, well poised for sustainable long-term growth in the commercial aviation market. For a deeper look into another aerospace stock, be sure to check out our article on The Boeing Company (BA) wherein we summarized a bullish thesis by DeepValue on Substack. Since our coverage, the stock is up 11.12%. GE Aerospace (GE) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 104 hedge fund portfolios held GE at the end of the first quarter which was 101 in the previous quarter. While we acknowledge the risk and potential of GE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than GE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
Hans India
8 hours ago
- Business
- Hans India
IndiGo urged to launch international connectivity
Vijayawada: A team from IndiGo Airlines, led by its Associate Director – Sales (South India) Saurabh Sachdeva, called on the office-bearers of Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) at AP Chambers Office here on Thursday. AP Chambers' team, led by its president Potluri Bhaskara Rao, briefed the IndiGo team on the potential of Vijayawada region and opportunities available for IndiGo in Vijayawada region. Bhaskara Rao thanked IndiGo for launching Vijayawada-Kurnool direct flight. He requested the airline to introduce more direct international connectivity from Vijayawada. One person at least from almost every family in the State is an NRI, he pointed out. According to estimates, there are around five lakh NRIs in the catchment area of Vijayawada. Many family members, parents, and a huge student population are migrating to various countries. The region has a huge potential for more international connectivity to Dubai, Singapore, and other destinations. Before the pandemic, IndiGo operated a direct flight from Vijayawada to Singapore with more than 80 percent occupancy. Besides Amaravati capital city construction works, industrial activity has picked up a lot in the region. With this, the demand for more international connectivity has increased. In the past few months, Vijayawada airport has witnessed 30,000 to 40,000 increases in air passenger traffic. Hence, AP Chambers requests IndiGo to operate direct flights between Vijayawada-Dubai and Vijayawada-Singapore. 'Most of the aircrafts that IndiGo operates from Vijayawada are small aircrafts. We request the airline to operate large aircrafts such as Airbus or Boeing as bigger aircrafts have the capacity to carry 2 to 3 tonnes of belly cargo. IndiGo may start direct flights between Vijayawada-Varanasi, between Vijayawada-Ahmedabad or Surat and between Vijayawada-Kolkata via Visakhapatnam.' IndiGo is requested to explore code-sharing agreements with international flights for flights operating from Vijayawada. IndiGo has code-sharing agreements with international airlines operating from many cities in India. However, IndiGo does not have code-sharing agreements with international airlines for its flights operating from Vijayawada. Code-sharing will help air travellers with seamless booking experience, efficient baggage transfers, and better connectivity to major international destinations. IndiGo Associate Director – Sales for AP & Telangana BVB Chary and Sales Manager for AP Mohit Krishna were part of the discussion.
