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Latest Articles in aviation sector

SpiceJet Puts Cargo Fleet To Ensure Supply Chain Is Intact

The airlines are also operating dedicated freighter services from Chennai and Vishakhapatnam to Surat and Kolkata to help India's shrimp farmers.

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GoAir Leadership Teams To Take Pay Cut As Planes Are Grounded Amid COVID-19

GoAir's existing fleet comprises of 57 aircraft, including 42 Airbus A320neo and 15 A320ceo (current engine option) aircraft.

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Domestic Air Passengers Thermal-Screened At City Airport

A total of 4,253 patients were under follow-up, while 1,120 beds have been added to isolation wards.

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SpiceJet To Suspend Most International Flights Due To COVID-19

The International Air Transport Association (IATA) has said the global air transport industry could see 113 billion dollars of revenue losses for the passenger business in 2020 as novel coronavirus snowballs into a public health emergency.

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IndiGo Grounds Planes, Cuts Salary For Employees As Revenue Drops Due To COVID-19

Indian aviation has a fleet base of about 682 aircraft with another 790 aircraft on order. The grounding of 150 aircraft will translate into 22 per cent of the capacity going out of the market.

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Airlines Disappointed With EC Guidelines On Passenger Rights

IATA represents some 290 airlines comprising 82 per cent of global air traffic. A4E is a trade association of Europe's five largest carriers.

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India Mulls Up To $1.6 Billion Rescue Plan For Aviation Sector After Coronavirus

The rescue package, proposed by India's civil aviation ministry, is likely to be worth up to 100-120 billion rupees ($1.3-$1.6 billion).

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AAPA Calls For Review Of COVID-19 Travel Bans

The airline industry is fully committed to the safety and well-being of the travelling public, said AAPA Director General Andrew Herdman.

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IATA Requests Global Suspension Of Slot Rules Due To Coronavirus

The world is facing a huge challenge to prevent the spread of COVID-19 while enabling the global economy to continue functioning.

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Lufthansa To Cut Flight Capacity Due To Coronavirus Spread

Lufthansa said it is not yet possible to estimate the financial impact of the current developments. Annual results will be published on March 19, 2020.

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Airlines At Centre Of Storm As Coronavirus Spreads

British Airways has in recent days cancelled flights to and from Italy, Singapore and South Korea, after it suspended all direct flights to China in January. IAG said further cancellations would follow in the coming days.

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Which Firms Will Profit From Coronavirus Outbreak?

Aviation and hospitality firms are among those most impacted by the virus outbreak and Singapore Airlines (SIA) comes to mind.

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GMR Offers $150 Million Senior Secured Notes Due In 2029 By DIAL

GMR Group's airport portfolio has around 172 million passenger capacity in operation and under development, comprising of India's busiest Indira Gandhi International Airport in New Delhi.

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Cathay Pacific Flags 'Significant'drop In H1 Profit, Capacity Cuts Due To Coronavirus

Cathay Pacific also posted a 1.3 percentage point decrease in the passenger load factor of Cathay Pacific and Cathay Dragon to 84.7% in January.

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Spicejet Reports Net Profit Of Rs 73 Crore In Q3 FY20

SpiceJet grew by close to 60 per cent in 2019 demonstrating its ability to stand up to a crisis," said Chairman and Managing Director Ajay Singh.

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