Travel in county Pratt

The Mile High City will no longer be home to any yellow Airbus jets.

You can expect to pay more for plane tickets this summer, as airline capacity struggles to keep up with demand.

MakeMyTrip reported its highest-ever quarterly gross bookings, revenue, and profit in its third quarter for fiscal year 2024.

IndiGo, India’s largest airline by fleet size and domestic market share, is also one of the largest Airbus customers. Its fleet of 332 aircraft consists of 289 A320 family aircraft. And it has 954 A320/A321neo aircraft pending delivery. 

India’s domestic air traffic has hit a record high with 456,082 passengers flying on a single day, the civil aviation ministry said in a tweet. The ministry’s data shows a total of 456,082 passengers flew via 2,978 flights on April 30 and there were a total of 5,947 flight movements. “Indian domestic air travel hits new high, surpasses pre-Covid average,” it tweeted. The ministry referenced the May 1 numbers, said 448,248 passengers had taken to the skies via 2,936 flights. The rebound in India’s aviation industry comes after heavy losses faced by the industry in the past Covid-hit years. The global airline trade body, the International Air Transport Association’s latest market analysis report shows India is in the process of becoming a key global aviation market outpacing other thriving markets like the U.S., China, and Japan in passenger load factor at 81.6 percent in February 2023. With India’s air passenger traffic expected to reach 395 million in 2023-24, the country seems to have solidified its position as the world’s third largest aviation market. Credit rating agency ICRA had also recently revised its outlook on the Indian aviation industry to stable from negative due to the fast-paced recovery in domestic passenger traffic. Indian airlines have witnessed an annual growth of 51.7 percentin passenger traffic during January-March 2023 as compared to the corresponding period last year, according to Indian aviation watchdog Directorate General of Civil Aviation. Domestic airlines carried 375.04 lakh passengers between January-March 2023, as against 247.23 lakh in the same period last year. 

Indian low-cost carrier GoFirst filed for bankruptcy with the National Company Law Tribunal on Tuesday, citing mounting losses due to the grounding of almost half of its aircraft.

Indian carriers now have the second-largest order book for new planes, with over a 6 percent share of the industry backlog, behind only the U.S., according to a recent Barclays report. Budget carrier IndiGo’s aircraft order for 500 Airbus A320neofamily planes – likely worth $50 billion – has eclipsed Air India’s 470 aircraft order made in February. When added to IndiGo’s substantial backlog totaling 480 jets, questions will arise whether the Indian market can accommodate this number of aircraft, noted IBA, an aviation market intelligence company and consultancy.  

You’re out for a hike on a glorious fall day. Suddenly, you spot a bear. And the bear has spotted you, too. Would you know what to do next?