Aviation

Top 10 Best Airlines In India In 2022

Some Indian airlines are listed along with their rankings based on air traffic and market share for 2022.

Some Indian airlines are listed along with their rankings based on air traffic and market share for 2022.

1. Indigo Airlines

Courtesy : Indigo and Airbus

Indigo is an Indian low-cost carrier airline with its main office in Gurgaon, Haryana. With over 64 million (6.4 crores) passengers carried in the financial year 2018–19, it is the largest airline in India in terms of both passengers carried and fleet size. In July 2006, it received its first Flight.

In the first quarter, Indigo carried 132 lakh passengers and had a 53.8 percent market share. In the month of June’s second quarter, it carried 183 lakh passengers and had a 56.3 percent market share.

2. Go First Airlines

Courtesy : Go first

Go First is an Indian ultra-low-cost carrier with its headquarters in Mumbai, Maharashtra. It was the fifth-largest airline in India and flew to 36 locations daily on more than 330 flights, including 27 domestic and 9 overseas destinations. It was established in November 2005. In the first quarter of 2022,

Go First carried 24.14 lakh passengers and had a 9.8 percent market share. While in the second quarter, it carried 33.84 lakh passengers and had a 10.4 percent market share.

3. Spice jet Airlines

Courtesy : Spice Jet

A low-cost airline based in India, SpiceJet, has its main office in Gurgaon, Haryana. The airline operates 630 daily flights to 64 destinations, including 54 Indian and 15 international destinations, out of its bases in Delhi and Hyderabad, making it the second largest domestic carrier in the nation by a number of passengers carried. In May 2005, the airline carried out its initial flight.

In the first quarter of 2022, Spice Jet carried 25.21 lakh passengers and had a 10.2 percent market share. Further in June the second quarter of 2022, Spice Jet carried 31.55 lakh passengers and had a 9.7 percent market share.

4. Vistara Airlines

An Indian full-service airline called Vistara is situated in Gurgaon, with Indira Gandhi International Airport serving as its hub. The carrier, a partnership between Singapore Airlines and Tata Sons, launched operations on January 9th, 2015, with service between Delhi and Mumbai. By June 2016, the airline has transported over two million passengers.

In the first quarter of 2022, Vistara carried 21.83 lakh passengers and had an 8.8 percent market share. In the second quarter of 2022, it carried 28.79 lakh passengers and had an 8.9 percent market share.

5. Air India Airlines

Courtesy : Air india

The national airline of India is Air India, which is based in New Delhi.102 domestic and international destinations are served by the fleet of Airbus and Boeing aircraft operated by Air India. In 1932, J. R. D. Tata established the airline Tata Airlines.

In the first quarter of 2022, air India carried 24.47 lakh passengers and had a 9.9 percent market share. In the second quarter, it carried 24.32 lakh passengers and had a 7.5 percent market share.

6. Air Asia Airlines

Courtesy : Air Asia

A multinational low-cost airline with its main office not far from Kuala Lumpur, Malaysia, is Air Asia. By fleet size and destinations, it is Malaysia’s biggest airline. With more than 165 locations in 25 countries, Air Asia offers regular domestic and international flights. It was founded in 1993.

Air Asia had a market share of 5.8% in the first quarter of 2022 and carried 14.39 lakh passengers. In the second quarter of 2022, June it carried 18.68 lakh passengers and had a 5.7 percent market share.

7. Alliance Air

Courtesy: Allinace Air

Alliance Air is a part of Air India Asset Holdings Private Limited (AIAHL). It was established in April 1996 as a fully-owned subsidiary of Indian Airlines and mostly operates domestic routes as part of the government’s Regional Connectivity Scheme.

Alliance Air carried 3.37 lakh passengers and had a 1.4 percent market share in the first quarter of 2022. In the second quarter, it carried 3.66 lakh passengers and had a 1.1 percent market share.

8. Fly Big Airlines

Courtesy : Fly Big

A regional airline called Fly Big is situated in Indore, Madhya Pradesh, India. The airline started flying in December 2020, and its primary goal is to connect tier-2 cities in India. In the first quarter of 2022,

Fly Big carried 0.30 lakh passengers and had a 0.1 percent market share. In the second quarter of 2022, it carried 0.63 lakh passengers and had a 0.2 percent market share.

9. Star Air

An Indian commuter airline called Star Air is based at Bangalore, Karnataka’s Kempegowda International Airport. It began operating in January 2019 and offered flights within the state of Karnataka. In 2017, it was founded.

Star Air had 0.54 lakh passengers and a 0.2 percent market share in the first quarter of 2022. In the second quarter, it carried 0.63 lakh passengers and maintained the same market share.

10. Akasa airlines

The newest airline, Akasa Air, launched its initial flight on August 7, 2022. SNV Aviation Private Limited’s Akasa Air is a low-cost airline operating out of Mumbai, Maharashtra, India. Vinay Dube and Aditya Gosh started it. After obtaining its first Boeing 737 MAX aircraft, the airline launched its commercial operations on August 7, 2022, with its maiden flight service between Mumbai and Ahmedabad.

Rakesh Jhunjhunwala, an Indian billionaire trader, contributed $35 million for a 40% interest in the airline in July 2021. In October 2021, the Ministry of Civil Aviation issued it a No Objection Certificate.

Aviation

Boeing to Slash 17,000 Jobs Worldwide Amid Ongoing Factory Strike

Boeing to Slash 17,000 Jobs Amid Ongoing Factory Strike

Boeing, one of the world’s largest aerospace manufacturers, is facing a severe crisis. The company announced on Friday that it will lay off 17,000 employees—roughly 10% of its workforce.

This decision comes amid a prolonged strike, production delays, and ongoing safety concerns with its aircraft. Kelly Ortberg, Boeing’s CEO since August, delivered the news, stating, “Our business is in a difficult position, and it is hard to overstate the challenges we face together.

Beyond navigating our current environment, restoring our company requires tough decisions, and we will have to make structural changes to ensure we can stay competitive and deliver for our customers over the long term.”

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Boeing has been struggling financially, with the last reported profit in 2018. The company’s largest union, with 33,000 members, has been on strike for nearly a month after rejecting a labor deal. The ongoing walkout is reportedly costing Boeing around a billion dollars each month as negotiations remain at a standstill.

Compounding these issues, Boeing’s much-anticipated boeing 777x wide-body plane is now six years behind schedule, with deliveries postponed until 2026. This follows the discovery of structural damage during flight tests. Boeing also announced it will stop manufacturing its commercial 767 freighters after fulfilling its remaining orders by 2027.

Financially, the company expects to report a significant third-quarter loss—nearly $10 per share—and a total cash outflow of $1.3 billion. boeing new aircraft commercial airplane unit faces a $3 billion pretax charge, while its defense business will absorb an additional $2 billion hit.

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The strike has severely impacted production at key boeing facilities, particularly in Seattle, where half of the company’s nearly 150,000 employees work. Since 2019, Boeing has lost approximately $25 billion.

Ortberg was brought in over the summer to help the company regain public trust following safety concerns, especially surrounding the 737 Max line, which was involved in two deadly crashes. Earlier this year, a separate incident involving a panel popping off a 737 Max mid-flight reignited concerns. A Federal Aviation Administration investigation following the event found that Boeing had failed 33 out of 89 product audits.