Praveena Sharma Wednesday, June 21, 2006 23:10 IST
BANGALORE: The competition in the low-cost aviation segment is all set to get tougher. InterGlobe Entreprises — is gearing up to launch its budget carrier. IndiGo Airlines will be launched after the company gets “pending approvals” from the government by the end of July, comapny officials said.
“As we had said earlier, we will be launching our airline in the first week of August after taking the delivery of the first A-320 in July. We are also awaiting certain permissions from the government. Only after we get that, we will formally announce our launch,” an IndiGo Airline spokesperson said.
The travel company has caused a “massive churn” in the aviation industry as it builds its airline team. An industry source said that InterGlobe managing director Rahul Bhatia and the company’s vice-president, human resources, were doing the rounds of Guwahati, Pune and Bangalore to recruit airline staff.
Also, as per unconfirmed information, the Vijay Mallya-run Kingfisher Airlines has already lost a senior executive to the yet-to-be-launched carrier. The former executive director of Kingfisher, Parvez Damania, who had quit about two months ago, is said to have joined IndiGo at a senior level. The airline, which is jointly promoted by Rakesh Gangwal and Bhatia, has drawn up ambitious plans to enter the aviation sector with 100 aircraft. The launch was planned in February but the date was later pushed to mid-July.
Meanwhile, analysts said August was not the best time to start airline services because August and September were lean phases in the domestic aviation industry.
Given the lack of any details, it's likely that these guys have not sorted out the parking arrangements for their 320s. Hence it's quite unlikely that they'll get permission to start operations (based on some articles stating that the Ministry asked them to sort out the basics like parking first)
Pervez Damnania has been hopping from airline to airline. Damania, Sahara, Kingfisher and now Indigo. Sure enough he's gonna leave IndiGO in a couple of years or maybe even a year.
God save Indigo from the Damania clan. Why do these airlines even want to keep these guys on board. They have no experience in running a successful airline.
New Delhi, June 22 (PTI) Low cost start-up carrier IndiGo is set to take off with its maiden flight in August and the carrier is aiming to break even within 18 months of its flights being operational.
‘‘By July last week our first plane will arrive and we expect to start our maiden flight by the first week of August,’’ IndiGo President and CEO Bruce Ashby told PTI.
He said the airline would add one aircraft every month and by the end of December this year, it would have six planes.
Ashby said the airlines had not yet finalised the flight routes to be operated but is looking at ‘‘serving Delhi, Mumbai, Guwahati, Imphal, Pune, Hyderabad, Srinagar and Jammu’’ with its first four aircraft.
Explaining the airline’s aircraft acquisition plans, he said IndiGo will have 15 aircraft by 2007, which will go up to 23 by the end of 2008, adding all the aircraft will be from the Airbus A320 family.
The airline had stunned the aviation industry by placing orders for 100 aircraft at a list price of over 6 billion dollars last year.
Sounding bullish on the Indian aviation sector, Ashby said IndiGo, which will be positioned as ‘‘not too expensive, not too cheap’’ airlines was targetting to have about 7-8 departures a day with 70-80 per cent of full capacity.
‘‘Normally, airlines like us take 18 months to break even. So when we have 15-20 aircraft operating within the time frame, we should be able to break even,’’ he said, adding the airlines had so far put in Rs 80-100 crore on the venture.
Ashby said the airlines had not yet finalised the flight routes to be operated but is looking at ‘‘serving Delhi, Mumbai, Guwahati, Imphal, Pune, Hyderabad, Srinagar and Jammu’’ with its first four aircraft.
Ah - another casualty of HAL declaring that BLR is completely full and no additional flights allowed? Rather interesting bunch of cities - given that BLR/MAA/CCU are missing from the initial list.
‘‘Our first brand new plane will arrive in July-end,’’ said its president and CEO Bruce Ashby. ‘‘We’ll add one aircraft every month this year.’’
IndiGo will have six planes by December 06, add nine more next year, and take the fleet size to 23 by 07-end. The venture is being jointly promoted by InterGlobe Enterprises and Mr Rakesh Gangwal, globally recognised for his management skills and expertise in the airline industry.
‘‘In the first few years, we plan to induct only 180-seater A320s and (maybe) later add A319s and A321s as well,’’ said Mr Ashby who helped guide US Airways Group’s bankruptcy reorganisation.
IndiGo is still awaiting flight schedule approvals but plans to progressively connect Delhi and Mumbai with Jammu, Srinagar, Guwahati, Imphal, Kolkata, Hyderabad, Bangalore, Chennai, Pune and Nagpur.
Not too expensive not too cheap which means that the airline tickets will be priced somewhere in the Spicejet-Kingfisher range.
karatecatman wrote:
Ashby said IndiGo, which will be positioned as ‘‘not too expensive, not too cheap’’ airlines was targetting to have about 7-8 departures a day with 70-80 per cent of full capacity.
I meant that where the aircrafts will be kept at noght for maintenance, etc will not be BOM or DEL as they r overcrowded it will be places like AMD,BLR,Nagpur,etc.
BOM and DEL will be their HQs as i feel it is a BOM based airline.
__________________
Light travels faster than sound...thats why people appear bright, until you hear them talk!