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Latest Articles in aviation

Jet Fuel Price Hiked By 16.3%; Petrol Up 47 paise, Diesel By 93 Paise

This is the second straight increase in jet bfuel price this month. Rates were hiked by a record 56.5 per cent on June 1.

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Will The Indian MRO Industry Finally Take Off?

With the tax policy changes, India’s MROs have for the first time been able to start to see light at the end of the tunnel. Significant Capex coupled with additional policy alignment is still required. As these issues are gradually addressed, MRO’s in India’s may finally take-off.

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Boeing Takes Embraer To Arbitration Over Failed Aviation Deal

US planemaker abruptly broke off the deal after Embraer took Boeing to arbitration

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India Air Travel Restart Hits Chaos And Cancellations

The confusion will make it even harder for airlines to recover from the impact of a two-month lockdown to contain the novel coronavirus that has already cost tens of millions of dollars in lost revenue

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Will Airports Be Able To Attract Private Investment?

Aviation is one of the worst impacted sectors and airport investors are staring at significant challenges. Key valuation drivers such as land around the airport, traffic flows and ancillary streams are impacted.

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Airlines To Follow Ticket Price Rules As India Resumes Some Flights

Airlines should adhere to the lower and upper limits of fares set by the ministry, it said in a notice, but it did not give details on the amounts.

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SOPs For Air Traveler Out As Domestic Flights Begin from May 25

AAI issues detailed Standard Operating Procedure (SoP) for air traveler as domestic flights resume from May 25. Passengers would require to wear mask, reach airport 2 to 4 hours before scheduled departure among others

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Lufthansa In Advanced Talks For State Rescue Deal Worth About $10 Billion

The concept includes a 3 billion euro loan from the state-backed bank KfW and a convertible bond, which can be exchanged for a further 5% stake plus one share in the event of a public takeover offer by a third party.

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Domestic Flight Operations To Start In 'Calibrated Manner' From May 25

The government said on May 20 that the domestic flight operations would begin in a "calibrated manner" from May 25. Civil Aviation Minister Hardeep Singh Puri took to Twitter to announce the news.

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Return To The Skies Poses A Huge Challenge For Airlines

No regression model or forecasting tool can beat sustained interactions across levels -- towards coming up with an understanding of the key drivers and influencers on the metrics that matter.

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Air India HQ Sealed For Two Days After Employee Tests Positive For COVID-19

The government-run Air India is the only airline participating in the Vande Bharat Mission, under which the carrier would operate 64 flights between May 7 and May 14 to repatriate around 15,000 stranded Indians from 12 countries on a payment basis.

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Aviation Flies Towards Rs 25,000 Crore Revenue Loss In FY21: Crisil

That will reverse the trend growth of 11 per cent per annum the industry has logged over the past ten years, making it one of the most adversely affected sectors of the economy.

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Increased Risk To Jobs As European Airline Revenues Collapse: IATA

The increasing risk to jobs and GDP is due to a greater impact than previously expected from the air travel restrictions introduced as a result of the COVID-19 pandemic.

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Over 20 Lakh Jobs In Aviation, Allied Sectors At Risk: IATA

Against the backdrop of the current situation that has also resulted in substantial economic disruptions

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