CAPA's Annual India Aviation Outlook is keenly anticipated by the industry each year as the leading analysis of the direction of one of the world’s most important emerging markets. CAPA has a strong and established track record in accurately identifying key trends and developments in the Indian market, both on an annual and long term basis. We operate India’s leading dedicated aviation advisory and research practice offering unrivalled analysis and data across the value chain.
Our India Aviation Outlook is used by the leading industry players to shape their strategies and decisions in the market. The 2013/14 edition will be released on 25 May 2013. Click here for more information.
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Air Austral reportedly plans to cancel its order for two A380-800s which was originally placed in 2009 as part of the carrier's fleet and route reduction programme, according to ch-aviation.ch report. The carrier previously planned to utilise the equipment on its St Denis de la Réunion Roland Garros-Paris CDG route.
Air Mauritius is on the road to recovery with an Asia-Africa focused network
Air Mauritius is well on the road to recovery, a year into a five-year plan that aims to implement a new business model that restructures its operations to become less dependent on traditional, but flagging, European markets and instead turn the airline’s focus to the growth markets around the Indian Ocean Rim and Asia.
A seven step recovery plan launched in Feb-2012 as profits crumbled into losses saw Air Mauritius undertake a major network consolidation which involved withdrawing its services to Germany, Italy and Switzerland as well as service reductions to China, Australia and Africa. But, with its network brought back into balance, and profitability restored, Air Mauritius has resumed a growth path with plans to launch a direct service to Beijing and reinstating some suspended routes and capacity in key markets.
easyJet sets course for record FY profits - and another clash with Sir Stelios...
easyJet’s 1H2013 pre-tax result improved by GBP51 million to a loss of GBP61 million. This puts it comfortably on course to achieve the current consensus forecast for record pre-tax profits of GBP410 million in FY2013. It may also be on another collision course with founder and largest shareholder Sir Stelios Haji-Ioannou over aircraft orders.
CEO Carolyn McCall believes easyJet can take further market share from non-LCCs on point-to-point routes. At its top 20 existing airports, where easyJet has 46 million seats (a share of 22%), she puts this potential additional market at 86 million seats. This analysis appears to pave the way for a large aircraft order after easyJet completes a review of its future fleet strategy later this year, although it insists that no decision has yet been taken.
This would not please Sir Stelios who said: “Good things happen to airlines that don’t order more aircraft.” Under Ms McCall's guidance easyJet's share price has more than doubled over the past year and not just because it didn't grow. It may be time for Sir Stelios to let go.