GO FIRST PASSENGERS
We may see demand shifting towards more premium SUVs going ahead: Shruti Saboo
There is a lot of inventory, as you guys have rightly said, that there is inventory days of 62 to 67 days and earlier what we were seeing was that this inventory was piling up in smaller cars, discounts started coming in smaller cars, but now we are seeing that this is also coming up in SUVs too and inventory days have started to come up on a higher side in SUVs as well.
Car sales lose pace in June, SUVs stay in front
Passenger vehicle sales in India remained sluggish for the third consecutive month in June due to a high base and reduced post-pandemic pent-up demand. Sales rose 3.7% from a year earlier but slightly declined from May, with 340,784 units sold compared to 328,710 last year. SUVs comprised 53% of sales.
Tata Motors' passenger EV sales dropped 34 pc in June
Tata Motors experiences sales decline in passenger vehicles, including EVs, in June. Despite challenges, the company foresees a recovery in demand, especially with the upcoming festive season. Tata Motors stands ready to capitalize on growth opportunities, driven by a strong SUV portfolio and expanding presence in the international market.
Expect Indian PV market to touch 60 lakh units by 2030, targeting 18-20 pc share: Tata Motors
Tata Motors targets significant market share growth by FY30, focusing on EVs, CNG vehicles, and new product offerings. The company strategically prepares for upcoming CAFE III norms and aims to capitalize on industry transitions for sustainable growth.
Delhi airport launches automatic self-drop baggage machines for quick check-in within 30 seconds. Here's how it works
Delhi Airport launches self-service bag drop, enhancing efficiency with 50 units across Terminals 1 and 3. This new system reduces check-in time to 30 seconds, available with Air India, Air India Express, and IndiGo. It eliminates boarding pass or biometric checks, streamlining passenger experience.
Passenger vehicle sales steady; two-wheeler segment to lead growth: Arnab Banerjee, Ceat
Quarter one is a strong marketing spend quarter for us because we advertise on the IPL, we are there on the World Cup as well, we have launched a new campaign for higher rim size premium tyres. So, there will be some pressure on the margin, but we will try to manage it in a narrow band across the quarter.
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IndiGo, Air India upgrade playbooks to keep up with India's rising middle class
India's rising affluence is driving a significant shift in the lifestyle of the middle class, with a growing preference for premium products and experiences, both on the ground and in the sky. Airlines are capitalizing on this trend by offering luxurious amenities to cater to the surging demand, such as roomier seats, gourmet meals served on designer tableware, and lavish vanity kits.
Vande Bharat train video filled to the brim with ticketless passengers in Lucknow goes viral
A viral video shows overcrowded Vande Bharat train with ticketless passengers. ET Infra reports increased passenger traffic in 2023-24, prompting plans for more Vande Bharat and Amrit Bharat trains.
Indian Airlines ride AI: Human-like responses for passengers, lesser workload for agents
Artificial intelligence is transforming the Indian aviation industry, enhancing customer service and operational efficiency for airlines like Air India, IndiGo, and Akasa Air. From AI virtual agents handling diverse queries to AI chatbots with trillions of parameters, these technologies are streamlining processes and improving passenger experiences. The adoption of new-age technologies like AI and machine learning is on the rise across the industry, promising advancements in areas such as computer vision and data-backed decision-making.
Over 200 passengers of Air India Delhi-SFO flight face 30 hrs ordeal with inordinate delay
More than 200 passengers of a San Francisco-bound Air India flight faced a 30-hour delay due to a technical glitch, non-functional air conditioning, and payload issues. The flight was rescheduled several times before finally being delayed due to temperature issues. Passengers, including the elderly and children, endured discomfort and were offered options like full refund and complimentary rescheduling. The delay led to a show cause notice from the aviation regulator and marked the second such incident in a week for Air India's San Francisco flights.
Amid heatwave, passengers allegedly faint after forced to wait without AC at Delhi Airport as Air India delays takeoff
As temperatures soared in the nation's capital, passengers aboard a flight bound for San Francisco reportedly experienced fainting spells inside the aircraft, which lacked air-conditioning, following an eight-hour delay on Thursday. Originally scheduled for departure on Thursday afternoon, the Tata-owned flight to San Francisco is now set to take off at 11 am on Friday, after a delay exceeding 20 hours.
What happened on the Royal Caribbean's 'New Icon of the Series' ship? Did a passenger go missing?
A passenger who went missing was found and it brought relief to fellow passengers who assumed that he was doing well. Little did they know that he was brought dead.
Cyclone Remal: Price of flight ticket from Kolkata surges to Rs 80,000 before operations were closed for 21 hours
Kolkata airport experienced a surge in air fares up to Rs 80,000 as travellers rushed to fly out before the Cyclone Remal shutdown. Operations resumed after 21 hours, with significant passenger traffic and high ticket prices.
GoAir 'temporarily' loses rights and slots to operate international flights to IndiGo and other companies
GoAir has temporarily lost its slots and foreign bilateral rights to other airlines like Air India and IndiGo amidst diminishing chances of revival. In order for airlines from one country to operate international flights to another country, a bilateral air services agreement must be negotiated and signed between the two sides. This agreement dictates the number of flights or seats per week that can be permitted to fly from one country to the other.
Why we must stand with standing passengers (from our sitting seats)
It turns out that the last outpost of consistent law enforcement in India is very strict about all passengers sitting down during take-off, landing and turbulence. Not because like the Enforcement Directorate it can, but because you can't wear a seat belt if you're not sitting, and wearing a seat belt is a non-negotiable safety procedure. Airlines would prefer you to die sitting down if there is a mishap.
Pieter Elbers explains what is driving up IndiGo profitability and double-digit capacity guidance for FY25
Pieter Elbers, CEO of InterGlobe Aviation, highlights IndiGo's unique position with over 50 planes delivered annually. Q4 revenue drivers include Indian market growth and strategic initiatives. He discusses the seasonally weak Q4 yields and predicts similar revenue environment for Q1 FY25. Elbers says their strategy is starting to take shape and resonating very well for all the different initiatives.
IndiGo announces foray into business class after record profit
IndiGo said that business class will be available on the busiest routes of the country which sees heavy corporate traffic and will be operational before the end of this year. Coming August, around IndiGo’s anniversary, more details on product offering, launch date and routes will be unveiled.
India to be power house for future airline growth on travel eagerness, growing population: Report
India is expected to be a power house for future airline growth driven by the eagerness of people to travel and growing population, according to a report. In a report, the Netherlands-based ING Bank NV said India is set to deliver strong structural growth figures, and airlines are preparing for this with historically large orders for new aircraft from carriers Indigo and Air India.
IndiGo announces bonus for its employees
IndiGo, India's largest airline, is set to return to full-year profitability in FY 24, following a challenging period due to the pandemic. The company has announced a bonus for its employees equivalent to one and a half months' salary. The surge in domestic passenger numbers has contributed to IndiGo's quicker recovery compared to other global airlines. Its shares have witnessed significant gains, with analysts expecting a profit between Rs 7,500-8,000 crore in FY 24.
IndiGo announces trial of in-flight entertainment on Delhi-Goa route
IndiGo, India's largest airline, is set to introduce in-flight entertainment on its Delhi-Goa route from May 1, offering passengers access to content through the IndiGo app. This three-month trial service will require passengers to use their personal headphones and will be activated after the aircraft reaches cruising altitude.
IndiGo airlines faces backlash over cockroaches running around in aircraft's food area
IndiGo Airlines faced criticism after a video of cockroaches in an aircraft's food area surfaced. The airline responded by cleaning and disinfecting its fleet. However, users were unimpressed, calling for action against the airline. This incident is not the first time IndiGo has faced hygiene-related issues, highlighting the need for improved standards.
Why Ajay Singh of troubled SpiceJet seeks redemption in bankrupt Go First
Ajay Singh, known for turning around airlines, has bid for the bankrupt Go First airline. However, his own airline, SpiceJet, is also facing financial challenges. Turning around Go First will be a difficult task, but restarting the airline quickly is the best hope for its success.
Revival of bankrupt Go First airline will 'Spice' up India's aviation
Go First receives bid from Ajay Singh and Busy Bee Airways, blaming Pratt & Whitney for revenue losses. SpiceJet plans to partner with Go First, despite its own financial struggles. Market share consolidation in the aviation sector raises concerns about competition and service quality.
More passengers, fuel surcharge lift IndiGo net by over 100%
The airline, which commands more than 60% share of India's domestic market, posted a profit of ₹2,998 crore in the three months ended December 31, compared to ₹1,422 crore a year earlier. Revenue climbed 30% to ₹19,452 crore.
SpiceJet gets over Rs 900 cr funding; to focus on fleet upgradation, cost cutting measures
SpiceJet plans to focus on fleet upgradation and cost-cutting measures with the recent funding of over Rs 900 crore. The airline's bank balance now exceeds Rs 900 crore, including Rs 160 crore received from the government's Emergency Credit Line Guarantee Scheme. Chairman Ajay Singh has infused funds into the carrier, contributing Rs 200 crore out of the announced Rs 500 crore fund infusion.
Groundings, Go First closure, getaway mania leading to last-minute fares spiking sky high
India has its own unique geography and dynamics. So, flying is often the option many take despite it being a pricier option. Affluent Indians tend to be far less cost-conscious than their European counterparts when it comes to travel. This whole dynamic changes quite a bit when it comes to last-minute fares when prices can be 3 or even 4 times the usual fare.
Inside the first flight to Ayodhya, from pilot's 'Jai Shree Ram' address to passengers chanting 'Hanuman Chalisa'. Watch here
The inaugural flight at Ayodhya's newly constructed Maharishi Valmiki International Airport arrived from Delhi today. Captain Ashutosh Shekhar, in a special announcement, welcomed passengers and introduced the crew, concluding with "Jai Shree Ram." Travelers participated in religious chants, expressing excitement about visiting Ayodhya and seeking blessings from Ram Lalla.
Nusli Wadia blames P&W for grounding of Go First, alleges Rs 10,000 crore damage due to faulty engines
Go First bankruptcy: "Over the last two years, P&W's inaction and contractual defaults irreparably financially damaged Go First, putting at risk several thousand employees and a national asset serving millions of passengers," the reclusive Wadia Group chairman Nusli Wadia told ET in an exclusive interaction.
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