In a major move towards its rapidly expanding network, Paramount Airways announced the launch of its daily flights to Delhi from Chennai effective immediately. The airline forays into the northern India following the recent introduction of flights to Kolkata and north east India. The carrier will operate e-jet 175 on this route with a two class configuration of 11 seats in first class and 64 seats in business class.
Paramount Airways will enhance the connectivity of other southern Indian cities into the Capital. The flight I7 601 to the historic city, took off from Chennai at 16:35 hrs and reached the Indira Gandhi | GMR Airport at 18:55 hrs. On return, flight I7 602 from Delhi will depart at 19:40 and reach the Kamaraj Domestic Airport at 21:55 hrs.
On the launch of the new route, Managing Director, Paramount Airways M.Thiagarajan announced “Paramount Airways is delighted to be entering into northern India. We expect to see excellent passenger traffic from this route. We are confident that discerning passengers out of New Delhi will enjoy the unique Paramount Experience.”
“Our aircrafts are enabled with Satcom Technology (subject to regulatory approvals); by coming September we will be able to provide mobile connectivity in all our aircrafts. This will allow passengers to make calls during take off, landing and on cruise,” added Thiagarajan.
Paramount is now set to repeat its successful business model for its Northern India operations. Paramount Airways operates brand new e-jets with luxurious seating; gourmet cuisine with value added services, coupled with the airline's competitiveness has always ensured that it attracts discerning passengers.
Source:/indiaaviation.aero
Monday, May 25, 2009
Friday, May 15, 2009
AirAsia wants to expand in Singapore
AIRASIA is now the biggest low-cost carrier here operating 48 daily flights in and out of Singapore, says its group chief executive officer, Mr Tony Fernandes.
He wants to increase these to 60 by the end of this year when he expects to have more flights between Singapore and Penang.
New destinations in East Malaysia and the east coast of the Malaysian peninsula are also in the plan for AirAsia to continues its rapid growth in Singapore since last year, he says.
Mr Fernandes cites the integrated resorts in SIngapore as an example of the huge business potential for AirAsia and other budget airlines.
"But I think there must be more long-term planning for Changi Airport to cater to budget carriers," he says.
These carriers need more support from the airport to cut costs and solve other operational issues, he adds.
"There is no reason why we cannot do 100 flights per day. It is a volume game for us, but need low costs to offer low fares.
"We have a business model that is different from the model for full service airlines. You cannot treat all airlines the same way."
AirAsia recently won Skytrax's 2009 best low-cost airline award.
On May 7, it held the official launching ceremony for the Singapore-Langkawi daily flight from June 1, when it will also start a daily Singapore-Penang service and the daily eighth flight between Singapore and Kuala Lumpur.
To start the new service, it is offering a S$1 and a RM1 fare for flights from Singapore to Langkawi.
AirAsia's GoHoliday division is also offering its guests free rooms in its partner hotels in Langkawi. Go to goholiday.airasia.com to check out the special offer.
You can make bookings from May 7 till May 12.
The promotional first-come-first served airfare and free hotels rooms are subject to availability.
Source:travel.asiaone.com
He wants to increase these to 60 by the end of this year when he expects to have more flights between Singapore and Penang.
New destinations in East Malaysia and the east coast of the Malaysian peninsula are also in the plan for AirAsia to continues its rapid growth in Singapore since last year, he says.
Mr Fernandes cites the integrated resorts in SIngapore as an example of the huge business potential for AirAsia and other budget airlines.
"But I think there must be more long-term planning for Changi Airport to cater to budget carriers," he says.
These carriers need more support from the airport to cut costs and solve other operational issues, he adds.
"There is no reason why we cannot do 100 flights per day. It is a volume game for us, but need low costs to offer low fares.
"We have a business model that is different from the model for full service airlines. You cannot treat all airlines the same way."
AirAsia recently won Skytrax's 2009 best low-cost airline award.
On May 7, it held the official launching ceremony for the Singapore-Langkawi daily flight from June 1, when it will also start a daily Singapore-Penang service and the daily eighth flight between Singapore and Kuala Lumpur.
To start the new service, it is offering a S$1 and a RM1 fare for flights from Singapore to Langkawi.
AirAsia's GoHoliday division is also offering its guests free rooms in its partner hotels in Langkawi. Go to goholiday.airasia.com to check out the special offer.
You can make bookings from May 7 till May 12.
The promotional first-come-first served airfare and free hotels rooms are subject to availability.
Source:travel.asiaone.com
Tuesday, May 5, 2009
IOC invokes Rs 50cr bank guarantee of Kingfisher
IndianOil Corporation (IOC) has invoked the bank
guarantee of Kingfisher Airlines after a cheque issued by Vijay Mallya's carrier to
pay for jet fuel bounced. This is the first time an oil company
has encashed a carrier's bank guarantee to signal the end of tolerance over their dues, even as the aviation industry continues to reel under losses despite fuel prices having dropped by almost half their August 2008 prices.
Industry sources said IOC has encashed a bank guarantee of about Rs 50 crore after a Kingfisher cheque bounced in April. Kingfisher reportedly owes around Rs 700 crore to the three state fuellers — IOC, HPCL and BPCL. While IOC accounts for about Rs 70-80 crore of this due, HPCL has an exposure of over Rs 500 crore.
Kingfisher spokesperson Prakash Mirpuri said: "It is not Kingfisher's policy to discuss its relationships with suppliers in the public domain. Kingfisher is operating its full schedule of flights daily and maintaining its award winning service quality."
Indian carriers are facing harrowing times financially due to a combination of factors like high oil prices last year and a weakened travel demand and now swine flu. On Monday even as the stock market rallied by 6.4%, Kingfisher stock declined 0.5% while Jet and SpiceJet — closed higher 2.5% and 1.4%, respectively. Most airlines, including Kingfisher, have been having trouble clearing their dues to both oil companies and airports.
Source://timesofindia.indiatimes.com
guarantee of Kingfisher Airlines after a cheque issued by Vijay Mallya's carrier to
pay for jet fuel bounced. This is the first time an oil company
has encashed a carrier's bank guarantee to signal the end of tolerance over their dues, even as the aviation industry continues to reel under losses despite fuel prices having dropped by almost half their August 2008 prices.
Industry sources said IOC has encashed a bank guarantee of about Rs 50 crore after a Kingfisher cheque bounced in April. Kingfisher reportedly owes around Rs 700 crore to the three state fuellers — IOC, HPCL and BPCL. While IOC accounts for about Rs 70-80 crore of this due, HPCL has an exposure of over Rs 500 crore.
Kingfisher spokesperson Prakash Mirpuri said: "It is not Kingfisher's policy to discuss its relationships with suppliers in the public domain. Kingfisher is operating its full schedule of flights daily and maintaining its award winning service quality."
Indian carriers are facing harrowing times financially due to a combination of factors like high oil prices last year and a weakened travel demand and now swine flu. On Monday even as the stock market rallied by 6.4%, Kingfisher stock declined 0.5% while Jet and SpiceJet — closed higher 2.5% and 1.4%, respectively. Most airlines, including Kingfisher, have been having trouble clearing their dues to both oil companies and airports.
Source://timesofindia.indiatimes.com
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