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Cathay Pacific Eyes on Boeing 777-8F Order

Cathay Pacific Eyes on Boeing 777-8F Order

According to reliable sources, Cathay Pacific Airways Ltd. is about to place a $2 billion order for Boeing 777-8F freighters as the Hong Kong airline begins a partial fleet renewal of its fleet of dedicated 747 cargo planes.

The decision came after a protracted competition between the future Boeing 777X jet family’s all-freight variant and the impending cargo variant of the existing Airbus A350 for one of the top five freight airlines in the world. According to industry sources, the competition required the initial acquisition of about 12 aircraft, totaling about $2 billion at list prices before customary airline reductions.

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Cathay Pacific finalises order for 32 A321neo aircraft(Opens in a new browser tab)

There was no immediate announcement to be made, according to Cathay Pacific. “We continue to invest in and grow our fleet with the addition of new, cutting-edge and fuel-efficient aircraft,” a Cathay representative told Reuters. “At this time, we don’t have any specific updates or fleet-related announcements to make.”

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In January 2022, six months after Airbus started working on the A350 Freighter in an effort to loosen its hold on the market for freighters, Boeing introduced the 777-8F freighter with an order from Qatar Airways.

Cathay Pacific informed analysts in November of last year that it was considering expanding its freighter capacity and was “actively” negotiating with manufacturers to purchase some of the next freighters after 2025.

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IndiGo to introduce business class Service on its busiest routes 

IndiGo to introduce business class Service on its busiest routes 

After nearly 18 years of dominating India’s aviation landscape with its single-class economy configuration, IndiGo, the country’s largest airline, is set to make a significant leap by introducing business class service on its busiest routes.

The decision comes as IndiGo aims to offer passengers more choices and enhanced comfort amid the backdrop of a burgeoning economy. Set to be unveiled around August, coinciding with the carrier’s 18th anniversary, IndiGo’s “tailor-made business product” promises to redefine the flying experience for its customers.

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This move follows closely on the heels of IndiGo’s recent announcement of acquiring 30 wide-body aircraft, indicating the airline’s strategic expansion and commitment to catering to diverse passenger preferences.

IndiGo’s foray into business class service represents a significant milestone, especially considering its longstanding reputation as a low-cost carrier focused primarily on economy class offerings. With a fleet exceeding 360 planes and operating approximately 2,000 daily flights, the airline’s entry into the business class segment is poised to reshape the Indian aviation industry.

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Currently, Air India and Vistara are the sole providers of business-class seats on domestic routes in India. However, by December 2024, IndiGo will join this exclusive league, introducing its bespoke business class experience tailored to meet the evolving needs of discerning travelers.

Initially, IndiGo’s business class operations will be rolled out on the busiest domestic routes, ensuring passengers enjoy added comfort and luxury during their journeys. Further details regarding the official launch date, specific routes, and promotional offers will be disclosed by August 2024, heightening anticipation among passengers eagerly awaiting this premium service.

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Air India Gives Salary Increments to Staff; Bonus for Pilots

Air India Gives Salary Increments to Staff; Bonus for Pilots

Air India announced on Thursday that it will implement annual salary increments for its staff and introduce an annual target performance bonus for pilots, according to sources. This marks the first appraisal process since the Tata Group took over the airline a little over two years ago.

Chief Human Resources Officer Ravindra Kumar GP revealed that salary increments will take effect from April 1, 2024. Additionally, performance bonus payouts for the fiscal year 2023-24 will be based on both company and individual performance, sources reported.

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Pilots will see an increase in their fixed pay ranging from ₹5,000 to ₹15,000 per month. They will also be eligible for an annual target performance bonus between ₹42,000 and ₹1.8 lakh, contingent on performance metrics.

Cabin crew members will also benefit from an annual performance bonus of approximately ₹25,000. Alongside this, they will receive a standard salary increase for the financial year 2025, effective from April.

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Air India, which employs around 18,000 people, aims to foster growth and transformation, as stated by Kumar. The airline achieved significant milestones in the last financial year, laying a strong foundation for its future. As part of its Vihaan.AI initiative, the airline introduced a contemporary annual performance appraisal process known as “Rise AI” and transitioned to a simplified, market-competitive, and productivity-oriented compensation structure for employees.

However, it was noted that junior first officers will not receive a hike in their monthly fixed pay. Nevertheless, they will be eligible for an annual target performance bonus, with junior first officers receiving ₹42,000 and first officers and commanders receiving ₹60,000 per annum, provided they meet performance expectations.

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Qantas Expands IndiGo Codeshares from Singapore

Qantas Expands IndiGo Codeshares from Singapore

Qantas has broadened its codeshare partnership with IndiGo, India’s largest domestic airline, enhancing travel options between Australia and India. This expansion allows customers to seamlessly connect from Qantas flights in Singapore to IndiGo’s services to both Delhi and Mumbai.

Previously, the codeshare arrangement enabled passengers on Qantas flights arriving in Bengaluru and Delhi to connect onto IndiGo domestic services to 21 destinations across India. Now, travelers can enjoy a more streamlined journey by transferring through Singapore.

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Additionally, the new arrangement allows customers to incorporate overnight stopovers in Singapore into their travel plans before continuing to Delhi or Mumbai. This provides greater flexibility and convenience for those wishing to explore the city or rest before their onward journey.

Qantas passengers traveling on IndiGo flights benefit from the same checked baggage allowance as their flight from Australia and receive complimentary food and beverages. Furthermore, Qantas Frequent Flyers can earn and redeem points on connecting IndiGo flights (with a QF code) between Singapore and India.

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This partnership expansion comes alongside Qantas’s recent announcement of increased flights to both India and Singapore. Specifically, flights between Sydney and Bengaluru will become daily during the peak holiday season, complemented by additional flights from Sydney and Brisbane to Singapore.

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