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Latest Articles in aviation

Airlines Strive To Stave Off Calamity As Coronavirus Locks Down Italy

Some carriers face calamity, with Korean Air Lines warning the virus outbreak could threaten its survival after it scrapped more than 80% of its international capacity, grounding 100 of its 145 passenger aircraft.

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Air New Zealand Withdraws 2020 Earnings Guidance Due To Coronavirus Impact

The airline said its network capacity would fall by 10% between February and June, including a 26% cut to Asia, 7% to Australia and 4% in the domestic market.

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Vistara Considering A Bid For Air India, Says Chairman

Prime Minister Narendra Modi's government in January said it planned to sell its entire interest in Air India, making a renewed push to sell the flag carrier after it drew no bids in an auction of a majority stake almost two years ago.

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Turmoil In Indian Aviation To Aggravate With Coronavirus: ICRA

As for passengers on India-China sector, they account for only 0.9 to 1.3 per cent of total international passengers flying from and to India.

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Airports Of The Future: 10 Predictions For The Next Decade

Here technologies such as blockchain provide tremendous potential in facilitating the secure exchange of information

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SpiceJet To Launch 20 New Domestic Flights From March-end

The new flights will operate daily on routes including Guwahati-Patna, Hyderabad-Mangaluru, Bengaluru-Jabalpur, Patna-Varanasi and Mumbai-Aurangabad

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Indian Aviation Industry May Require Equity Infusion Of Rs 200-225 Bn Over Next 3-yr: ICRA

Improvement in the core growth drivers like economic environment, tourism demand and regulatory support is essential for improved passenger traffic growth

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Jewar Airport: Land For Phase One Acquired, Villagers Clash With Officials

By transferring the final parcel of land to the Yamuna Expressway Authority, the Gautam Buddh Nagar administration has completed the acquisition process for the first phase of Jewar airport.

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IndiGo Q3 Net Profit Jumps 168% At Rs 496 Crore

The low-cost carrier clocked revenue from operations of Rs 9,932 crore for the quarter, marking an increase of 25.5 per cent against a 19.3 per cent increase in capacity compared to the same period last year.

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Air India Disinvestment: Government To Sell 100% Stake; Issues Bid Document

As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low cost airline Air India Express and 50 per cent shareholding in joint venture AISATS.

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Keeping Airlines Afloat

The industry holds a lot of promise, given favourable conditions for growth. But just like the rest of the country, poor strategic decisions by the private sector and government are proving fatal for its survival.

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Grab, Razer, Airasia Exploring Bids For Malaysia Digital Bank Licence

Razer Fintech's CEO Lee Li Meng told Reuters the company had extensive operations in Malaysia in the digital payments space and would evaluate the digital banking opportunity.

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Five Flights Diverted Due To Bad Weather In Delhi

A dense layer of fog was witnessed on Barapullah flyover in Delhi and in parts of the NCR region.

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Easyjet Lifted By Tailwinds From Strong Demand And Thomas Cook's Demise

EasyJet said the failure of holiday company Thomas Cook last September lifted its revenue per seat by 1.5% in its first quarter - the three months to Dec. 31 - alongside a boost from "self-help" measures.

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Boeing Seeks To Borrow $10 Billion Or More Amid 737 MAX Crisis

Analysts estimate that Boeing has been losing around $1 billion a month because of the grounding. It reported an almost $3 billion negative free cash flow in the third quarter.

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