Posts tagged ‘Airbus’

09/09/2016

Indian Domestic Flights Are the Cheapest in the World – India Real Time – WSJ

Air fares in India are the lowest in the world, according to a global transportation study, underscoring the intense competition between carriers in the South Asian country.

In India, it costs an average of just $2.27 to fly 100 kilometers (62 miles) on domestic routes on a budget airline and $2.67 on a full-service carrier, according to a survey conducted by Kiwi.com, a Czech Republic-based online travel agency.

The most expensive place to fly domestically is the United Arab Emirates where flights are 80 times costlier than India. It costs $181.38 for 100 kilometers on a budget airline in the UAE and $220.36 on a full-service airline, according to website’s 2016 Aviation Price Index, which analyzed more than one million flights worldwide.

Domestic budget airline fares in India are similar to those in Malaysia—the second least expensive country–which cost $2.32 per 100 kilometers. Fares on full-service carriers in the Southeast Asian nation are however more expensive, at $5.81 for a similar distance.

Indian fares are cheaper thanks to strong competition and comparatively lower jet fuel prices. The country also has a number of budget airlines, including InterGlobe Aviation Ltd.’s IndiGo and SpiceJet Ltd.

A Boeing Co. 737 aircraft operated by SpiceJet Ltd. approaches to land at Chhatrapati Shivaji International Airport in Mumbai, India, Oct. 26, 2015. Spicejet is among a number of budget carriers in India.

Prices in India have fallen as competition increased with the arrival of new carriers. Malaysia’s AirAsia Bhd. started a budget airline venture with India’s Tata Sons Ltd. while Singapore Airlines Ltd. began a full-service carrier with Tata Sons.

Russia is ranked third least expensive for domestic air travel, with prices at $7.02 for budget airlines and $6.32 for full-service, the survey showed.

On the steep side, Finland — where it costs $39.61 and $130.80 to fly 100 kilometers on a low-cost and a full-service airline respectively — is the second most expensive. Qatar is the third-most expensive costing $64.36 for a budget airline ticket and $85.31 for a full-service airline ticket for the same distance.

The website said China offered the least expensive international flights on both budget and full-service airlines, at $1.22 and $2.84 respectively for 100 kilometers of travel. International flights from Canada are the most expensive at $43.70 and $94.66 on low-cost and full-service airlines respectively.

Source: Indian Domestic Flights Are the Cheapest in the World – India Real Time – WSJ

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04/11/2015

Prepare for Takeoff: China Rolls Out First Large Passenger Jet – China Real Time Report – WSJ

China’s first large passenger jet rolled off the assembly line on Monday after years of delays, bringing Beijing’s dream of developing a rival to Boeing Co. and Airbus Group SE closer to reality.

As WSJ’s Chun Han Wong reports: Still, the single-aisle C919 airliner won’t be delivered to airlines for at least another three years, highlighting the difficulties

China has faced in becoming a global player in aviation. Developed by the state-run Commercial Aircraft Corp. of China Ltd. (Comac), the twin-engine jet was initially set for its first flight in 2014, ahead of commercial deliveries starting in 2016. Production setbacks forced Comac to extend its deadlines repeatedly. Company executives say flight testing should start next year, with deliveries expected in 2018 or 2019 at the earliest.

Thousands of guests, including government officials and aerospace executives, witnessed the C919’s rollout at an assembly plant near Shanghai’s Pudong International Airport, according to Chinese state media.

Source: Prepare for Takeoff: China Rolls Out First Large Passenger Jet – China Real Time Report – WSJ

15/08/2015

China Eastern to buy 15 Airbus jets for $3.6 billion | Reuters

China Eastern (600115.SS)(0670.HK), the country’s No.2 airline by market value, plans to acquire 15 Airbus (AIR.PA) jets for about $3.6 billion to meet booming demand for air travel.

The logo of Airbus Group, Europe's largest aerospace group, is pictured in front of the company headquarters building in Ottobrunn, near Munich February 26, 2014. REUTERS/Michaela Rehle

Airbus is scheduled to deliver seven A330s in 2017 and a further eight in 2018, China Eastern Airlines Corp (CEA.N) said in a statement to the Shanghai stock exchange.

“The company is purchasing 15 Airbus A330 planes to help to re