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Latest Articles in aviation sector

Singapore Airlines, SilkAir To Reinstate Flight Services In June, July

According to an aviation expert, due to the COVID-19 outbreak, the aviation sector was badly affected worldwide in terms of operations and finances.

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UAE's Flydubai Extends Salary Cuts, Puts Pilots On Unpaid Leave

Aviation is one of the industries worst hit by the virus outbreak, with airlines around the world laying off staff and seeking government bailouts.

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Singapore Airlines Secures $1 Billion Additional Credit After Rights Issue

The company also has the option to raise up to a further S$6.2 billion in additional mandatory convertible bonds until up to July 2021.

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China Eases Flight Curbs After United States Targets Its Carriers

The CAAC has slashed international flights since late March to allay concerns over rising coronavirus infections brought by arriving passengers.

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IndiGo Reports Q4 Loss At Rs 871 Crore Due To Covid-19 Curb On Operations

IndiGo had a total cash balance of Rs 20,377 crore comprising Rs 8,928 crore of free cash and Rs 11,449 crore of restricted cash.

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Indigo Parent Interglobe Posts Quarterly Loss As Costs Rise, Pandemic Hits

The company reported a net loss of 8.73 billion Indian rupees ($116.19 million) for the fourth quarter ended March 31

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EasyJet Says Finance Chief Findlay To Leave In 2021

Shares in easyJet, which had collapsed by over 60% since the coronavirus outbreak swept through Europe three months ago, jumped 18% in morning trade

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Centre Allows Domestic Air Services By Non-Scheduled, Private Operators

39,231 passengers travelled by the flights and the number would increase further with the resumption of operations in Andhra Pradesh and West Bengal.

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First Flight From Delhi Following Resumption Of Domestic Air Travel To Depart For Pune

The first flight is slated to arrive at the airport from Ahmedabad in Gujarat at 7:45 am.

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‘Eliminate Excise, Bring ATF Under GST’

SpiceJet is India’s biggest air cargo operator and the only domestic airline which has a dedicated fleet of freighters.

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Airline Stocks Gain As Air Travel Resumes From Next Week

The BSE S&P Sensex closed 114 points or 0.37 per cent higher at 30,933 while the Nifty 50 edged higher by 40 points or 0.44 per cent at 9,106.

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Asian Jet Fuel Refining Margins Turn Positive First Time In A Month

The jet fuel refining margin in Singapore flipped to $1.83 per barrel above Dubai crude on Tuesday, in the positive territory for the first time since April 20.

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Boeing CEO Sees Passenger Levels Under 25% In September, Pain For Airlines

Traffic levels will not be back to 100%, They won't even be back to 25%, Maybe by the end of the year we approach 50%.

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

NHAI had planned to raise Rs 80,000 crore to 85,000 crore through fiscal 2025 by monetising nearly 6,000 km of operational public-funded toll roads.

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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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