Jazeera Airways has achieved a net profit of KD2.3 million for the first quarter (Q1) of 2023, compared to KD 3.8 million in the first quarter of 2022, when the strong demand post-pandemic was reflected in higher fares. Total revenue for the quarter reached KD48.3 million, up 35.2%, while operating profit was at KD3.62 million. Passenger traffic rose by 56.6% to 1.1 million in this quarter and load factor reached 82.1% with an increase of 6.9% compared to the Q1 2022. Announcing the results, Marwan Boodai, Chairman, Jazeera Airways, said, “2023 has started off on a positive note for Jazeera…
Author: Prasenjit Chakraborty
The Enterprising Travel Agents Association (ETAA) which represents more than 700+ members that include travel agents and tour operators has written a letter to Go First giving their views and suggestions on the cancellation of flights due to the insolvency proceedings of the airline. The letter said, “For many ETAA members, the past few days have been very stressful due to the cancellation of various Go First flights. Also, summer is the peak travel season across India and major travel happens at this time. Domestic bookings are also on the high at this time and the uncertain developments at the…
Dubai Municipality has further expanded its beach tourism offering with the opening of three new beaches for night swimming in Jumeirah 2, Jumeirah 3 and Umm Suqeim 1. The 800-metre-long night-swimming beaches feature lighting systems, which enable residents and tourists to swim around the clock, and electronic screens that display content aimed at increasing safety awareness among beachgoers. Dawoud Al Hajri, Director General of Dubai Municipality, said, “The new night-swimming beaches are part of Dubai Municipality’s efforts to contribute to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and…
The government is set to make an equity infusion of INR 300 crore in regional carrier Alliance Air, which is facing financial headwinds, according to a senior official. Alliance Air, earlier part of Air India, is now owned by AI Assets Holding (AIAHL), a special purpose vehicle formed by the central government. The disinvestment-bound Alliance Air operates around 130 flights daily. In recent months, there have been instances of strikes by pilots to protest against non-restoration of salaries to the pre-Covid level and non-payment of allowance, among other issues. Specific details of the equity infusion could not be immediately ascertained.…
A TAAI (Travel Agents Association of India) delegation led by its president Jyoti Mayal met the Civil Aviation Minister Jyotiraditya Scindia in New Delhi. During the half an hour meeting Mayal briefed the minister on the ongoing issue of Go First airline and how the crisis is affecting both the travel agents and the passengers. Mayal suggested that a regulation needs to be adopted by all the airlines to implement insurance cover on the tickets so that everyone is protected. She also suggested that an Indian regulatory body needs to be set up for all Indian carriers & airlines operating…
GRNconnect, a reputed B2B hotel booking portal wants to expand its distribution to 100 countries from the current 65 by the end of this year. This was stated by Deepak Narula, Managing Director, GRNConnect, while interacting with TravelBiz Monitor at ATM Dubai. “In the last two years, we were focusing a lot on our distribution. Currently, we are distributing in 65 countries and our target is to reach 100 by the end of this year. We worked hard and reached out our partners during the covid induced pandemic so that we work more closely after the crisis is over,” said…
TAAI Nagpur Chapter organised an interactive session with VFS Global to educate its members on visa related issues. The session discussed mainly on the visa at doorsteps, E-Visa, premium lounge and other services from the VFS Global. Henry Moses from the VFS Global conducted the workshop. “By attending the knowledge session our members gained knowledge of the visa process and services,” said Irshad Mehdi, Chairman, TAAI Nagpur Chapter. Around 50 members of the chapter attended the event. “We believe knowledge and networking are key for growth,” pointed out Mehdi. Terming the event very successful, Kawaljeet Singh Vij,Treasurer, TAAI Nagpur Chapter,…
India’s tourism industry, which was severely hit by the covid-19 pandemic, is on the path to recovery, aided by increased travel and the country’s G20 presidency, according to a report by Visa and EY. The report, titled Charting the Course for India: Tourism Megatrends Unpacked, said that tourism will create about 88 million jobs and contribute $140 billion to India’s gross domestic product in 2023. The sector currently accounts for nearly 13% of all jobs and contributes 5% to its GDP. Over the next decade, India will likely grow in the medical and wellness, spiritual, business travel as well as…
Air India announced a major technology upgrade and design refresh to its website www.airindia.com, with the objective of providing its domestic and global customers with an easy-to-use, informative digital channel. The significant experience redesign of the website was planned and executed by Air India’s in-house design and content teams based in Kochi and Gurugram in India and Silicon Valley in the USA. The experience management, digital marketing, analytics and personalization technology upgrades rolled out on the airline’s website are expected to contribute to a significant improvement in customer experience. This will also lead to an increase in the aggregate value…
Akasa Air’s plane occupancy, or load factor, improved the most among all major carriers in April when compared to the last month. Load factor signifies the percentage of seats that the airline has been able to fill in its planes. The Vinay Dube-led carrier, which started commercial flights in August last year, saw its load factor jump by more than 11 per cent in April, according to the Ministry of Civil Aviation’s data . Ajay Singh-promoted SpiceJet, which has been facing cash crunch, retained its top position in April but its load factor decreased slightly from 92.83 per cent in…
