GoAir announced (04-Oct-09) its Board of Directors have taken the decision to not proceed with any proposal for investment in the airline by other carriers. The carrier has also announced plans to take delivery of further 12 new aircraft, completing its 2007 order of 20 A320s. GoAir reports the following operating statistics for the past two quarters:
GoAir denies proposal to accept investment from other airlines
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"Chinese investors in Europe’s airports 2016": Europe is in favour again. A CAPA report
China is investing huge sums on its own airports – up to USD130 billion over the next 15 years - but Chinese inward investment to other countries for the same purpose elsewhere is not insignificant. While Africa, in particular, has been on the Chinese radar for years, Europe, where some of the first Chinese airport investments were, is once again in favour.
There is a wide range of investments in airport assets at all points on the scale, from global hubs to remote secondary level airports: a range of investment by organisations such as sovereign wealth funds – via giant retail companies and Big Data conglomerates – right down to smaller engineering companies and industrial concerns. And they are taking over large parts of the supply chain too, with catering suppliers like Gategroup and Servair either acquired or targeted, as well as ground handling companies such as Swissport.
A new 50-page CAPA report, "Chinese investors in Europe’s Airports 2016", addresses these issues and reviews the recent investment history.
India’s aviation market surges 20% on economic growth and low fuel prices
Indian aviation is, after many years of promise, seemingly starting to deliver on its potential. It is currently the fastest-growing major aviation market in the world. With strong GDP growth of around 7.5% India is surging ahead of China in the economic growth stakes.
Meanwhile, the decline in oil prices has supported lower fares, driving year-on-year domestic traffic growth in excess of 20%. Its airlines are even starting to make money.
LCC, IndiGo, established less than a decade ago, has become the dominant player in the domestic industry. At the end of the Indian financial year, on 31-Mar-2016, IndiGo was the largest airline in the domestic market with a passenger share of 38.4%, followed by Jet Airways at 20.2%. LCCs accounted for 61.7% of domestic traffic.