More than 22% of India’s fleet is grounded due to engine issues or maintenance, which will pressure the Indian aviation business shortly.
According to a Mint study, the Go First combat suspension made things worse. More than 22% of India’s fleet is grounded due to engine issues or maintenance, which will pressure the country’s aviation business shortly.
Analysis of India’s Aviation Fleet
According to a Mint analysis, the Go First flight’s stoppage only worsened things. Out of a total of 655 aircraft operated by seven major airlines in India, 147 have been non-operational for at least the previous week, according to an examination of data from tracking websites for planes, such as Flightradar24.
Out of a total of 655 aircraft operated by seven major airlines in India, 147 have been non-operational for at least the previous week, according to an examination of data from tracking websites for planes, such as Flightradar24.
Go First Fleet
Go First, owned by the Wadia Group, has temporarily halted flights, which has greatly increased the amount of grounded fleet.
Nearly half of the 54 aircraft were already out of service as a result of issues with the Pratt & Whitney engines that drive its Airbus A320neo fleet.
Go Air grounded the remainder of its active fleet on May 3, citing an unsustainable financial scenario brought on by engine issues that have existed since 2016.
The data indicates that 40 aircraft owned by IndiGo, the largest airline in India with a fleet of more than 300 aircraft, are not currently in use.
With approximately 10% of its fleet grounded starting at least in October 2022. IndiGo also employs Pratt & Whitney engines for some of its A320neo aircraft.
“Naturally, we maintain regular communication with the original equipment manufacturers, and we hope things will improve this year.” IndiGo Chief Executive Officer Pieter Elbers told analysts in February, “But once more, I think we’re dependent here on the OEMs and facilitating the supply chain from that end.
The remaining 27 aircraft out of a total of 61 aircraft are grounded. Mostly due to the financial condition and, in certain cases, the lack of aircraft parts. With more than 55% of the fleet of the low-cost airline, SpiceJet is in operation.
SpiceJet Aviation Fleet Update
Ajay Singh, the company’s chairman and managing director, recently declared that 25 grounded aircraft would be brought back to life using money from the Emergency Line of Credit Guarantee Scheme.
However, it is unclear when the aircraft will start flying, as the Irish lessor SMBC requested on May 10. The civil aviation authority deregisters three SpiceJet aircraft.
Even though two out of three planes have been grounded for a while, our business is unaffected. A SpiceJet representative said, “We have been trying to repay the loan authorized under the ECLGS plan to restart our grounded aircraft.”
Air India Fleet
The Tata Group’s Air India now has 18 of its 118 aircraft grounded. Four aircraft from Vistara’s 63-plane fleet have been grounded, while one AirAsia India aircraft out of its 28-aircraft fleet is currently inoperable.
Both airlines are part of the Tata group. Air India Express had 28 aircraft in its fleet, but three of them were grounded.
Akasa Air, the newest airline to fly in India, began flying its whole fleet of 20 aircraft in August 2022.
The expert, who asked to remain anonymous, stated that it was inevitable that airfares will continue to be more expensive. Given the strong travel sentiment this quarter as a result of the summer school holidays.
Global supply chain challenges hamper the delivery of new aircraft and aviation parts. Which are not expected to end until late 2023 or early 2024.
Therefore, demand will suffer as airlines struggle to respond swiftly, contributing to this type of capacity loss in the Indian aviation sector, which is seeing record traffic levels. At the same time, high fares may favor high-yielding carriers, said an airline executive who also requested anonymity.
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