Breaking over 55-month growth streak, monthly domestic air passenger traffic falls by 4.5 per cent in April
Suspension of operations by Jet Airways on April 17, 2019, due to lack of funds is one of the primary reasons why domestic air traffic saw a fall in last month.
Since Thursday, various media reports were published about differences between promoters Rakesh Gangwal and Rahul Bhatia.
In order to resolve their differences, Gangwal and Bhatia are reportedly taking help from law firms J Sagar Associates and Khatian & Co, respectively.
The email was sent to employees by the CEO as there were various media reports on Thursday morning regarding alleged disagreements between Rahul Bhatia and Rakesh Gangwal.
The preliminary report also found damages to the engine's low-pressure turbine (LPT), which forced the pilot to return to Pune.
The Gurugram-based airline, which nearly controls half of the market, wiped off nearly three-fourths of its profit at Rs 191 crore in the December quarter.
Even as SpiceJet and Indigo are aggressively expanding their fleets, they are unlikely to bridge the entire demand-supply gap created by the temporary grounding of Jet Airways.
IndiGo in a statement confirmed the development and said, “There is currently a DGCA audit on IndiGo which is combined with the annual main base audit.”
While Spice jet has added 16 new Boeing 737-800 NG aircraft and announced 14 new flights, Indigo has also grabbed the opportunity with the addition of 18 new flights Mumbai and Delhi.
The A320 NEO aircraft operated by IndiGo has faced a series of problems earlier with engine vibration being one of them.
Jet's cancellation rate of scheduled flights during February too has been better at 1.89 per cent as against our national carrier Air India's 8.15 per cent and Air Asia's 2.46 per cent.
The bidding process to find a buyer for the beleaguered Jet Airways, which was to kick start from April 6, will likely commence from April 8 now.
When contacted, an IndiGo spokesperson said Swiatek resigned from the airline due to personal reasons.
In the last few months, almost every airline in the country is facing some sort of crisis.
The airline is facing acute shortage of commanders amid aggressive expansion of its fleet with more than 210 aircraft.