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Latest Articles in aviation
Firms In Hospitality, Aviation, Tourism Sectors Likely To Seek Loan Recast: Bankers
There may not be a rush for restructuring from corporates as only those sectors which are having cash flow problems are likely to go in for loan recast to avoid the tag of 'restructured account', bankers opined.
Read MoreIndia Inc On A Long Road To Recovery With Prolonged COVID-19 Lockdowns: ICRA
The economic activity started to recover from the troughs experienced in April when the lockdown was at its severest and many sectors seem to be adjusting to a new normal.
Read MoreBA Owner IAG To Raise $3.3 Billion To Ride Out COVID Crisis
Shares in IAG fell 7% to their lowest since 2012 at 167 pence, and are down 72% this year.
Read More'We Operated Every Single Day of Lockdown': Blue Dart Express
Blue Dart Express says it always had a first mover advantage in the air and ground express logistics industry in India thereby being acknowledged as the trade facilitator for the nation. Ketan Kulkarni, CMO & Head – Business Development, Blue Dart talks about how it played an active role in the nation’s fight against the Covid-19 pandemic by partnering with the ‘Lifeline Udan’ initiative and by transporting essential supplies to several State Governments, Municipalities, Pharmaceutical companies, Hospitals and other Research institutions.
Read MoreJet Airways Declines 5% After Earnings
Jet Airways, which is undergoing insolvency resolution process, has reported widening of loss to Rs 5,535.75 crore in the year ended March 2019 as surge in expenses took a toll.
Read MoreCAPA Calls For 'Clear Strategy' To Deal With Challenges In Aviation Industry
Domestic passenger services resumed on May 25 after nearly two months of suspension due to the coronavirus-induced lockdown, while the ban on scheduled international flights remains in place since March 22.
Read MoreIndia’s Regional Airlines And Their Short-lifespans
For India, the challenge of regional airlines remains. As of this writing, five more regional airlines are in the pre-planning and launch stages.
Read MoreOver 6,50,000 Indians evacuated from abroad amid pandemic: Centre
Over 6,50,000 Indians evacuated from abroad amid pandemic: Centre
Read MoreThe Greatest Advantage Jet Airways Still Possesses
As of now, while the macro-economic conditions and the Covid-impact make for a very challenging case, a revival cannot be completely ruled out. An airline that was once flying high, watches with baited breath.
Read MoreBoeing 737 MAX Certification Flight Test Expected Soon
Boeing also notified airlines of a fix to address safety concerns about the placement of wiring bundles on the aircraft earlier this month.
Read More262 pilots in Pakistan hold fake licenses: Aviation Minister
262 pilots in Pakistan hold fake licenses: Aviation Minister
Read MoreUS To Regulate Flights From India Under Vande Bharat Mission, Alleges 'Discrimination'
Air India started international chartered flights under Vande Bharat Mission from May 6 to help people stranded abroad return home amid the pandemic.
Read MoreAs Air-travel Plummets, Will OTA’s Be Forced To Pivot Or Shut Down?
OTA’s that can successfully pivot may be able to weather the storm. Others may be forced to consolidate or shut down.
Read MoreAviation Regulator Investigating AirAsia India After Pilot Alleges Safety Violations
The pilot tweeted on Sunday that he has been suspended by AirAsia India 'for standing up for safe operations of an aircraft and its passengers.'
Read MoreJet 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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