Airline Crisis

SpiceJet shares: SpiceJet airline reported a standalone net profit of Rs 119 crore in Q4FY24

Airbus hopes to almost double production of its best-selling A320 family as air travel gathers pace following the coronavirus crisis.

The government has permitted the airlines to serve pre-packed snacks, meals and beverages on domestic flights and hot meals on international flights, according to an official order. Moreover, any passenger who refuses to wear a face mask in a flight can be put on the no-fly list by the airline, said a senior official of the aviation regulator DGCA. Due to the coronavirus pandemic, in-flight meal service was not permitted on domestic flights since their resumption on May 25. On international flights, only pre-packed cold meals and snacks were being served depending on the flight duration since May this year. In an order issued on Thursday, the Civil Aviation Ministry said, "Airlines may serve pre-packed snacks/meals/pre-packed beverages on domestic flights depending on the duration of flight." Airlines and charter flight operators can "serve hot meals and limited beverages" on international flights "as per the standard practices", it added. The ministry said only single-use disposa

The low-cost airline has sent 90% of its employees on leave without pay till 4 May

Airline passenger revenues are set to plunge by 55%, or $314 billion, in 2020 due to the coronavirus pandemic, IATA said

Interfering with firm entry or exit, price fluctuations, or products and processes: These are the pathways to stagnation