On October 3, Delhi airport handled over 125,000 passengers (domestic and international) arriving or taking off
IndiGo hits a lifetime high on expectations of recovery, market share gains
The ratings agency said despite the continued recovery, there is continued stress on demand, driven largely by the second wave of the pandemic, limiting travel to only necessary travel
New pilot training schools will come up at the Airports Authority of India (AAI)-run airports at Belagavi, Jalgaon, Kalaburagi, Khajurao, and Lilabari
Industry-wide passenger load factor rose to 62.9% in June from May's 50.5%. SpiceJet had the highest load factor of 70%.
Only 1.3 million international passengers flew on the region's carriers in May, representing just 4.3 per cent of the volumes carried in the corresponding month of 2019.
Average load factors are still around 55% and most of the bookings are for travel within seven days
The drop in domestic air traffic in May was due to the second wave of the Covid-19 pandemic that had badly hit the country and its aviation sector
India's domestic passenger traffic slipped to a 10-year low at an estimated 53.4 million in the just-concluded financial year, a report said.
Stay tuned for Latest LIVE news
India's civil aviation ministry has allowed airlines to operate 80 per cent of capacity
This is even as passenger traffic was up 12 per cent sequentially over November 2020, ratings agency Icra said
Rajiv Bansal adds that this is significantly lower than the cash loss incurred in 2018-19
According to IATA's assessment, COVID-19 vaccine won't be widely available till the second half of 2021
AirAsia India saw an increase in market share and reported the best on- time performance (OTP) among all airlines in October
IATA has urged the civil aviation ministry to reverse the decision and work with the industry on a business recovery plan
The IATA has downgraded its traffic forecast for 2020 to reflect a weaker-than-expected recovery as evidenced by a dismal end to the summer travel season in the northern hemisphere
However, Miniratna firm won't cut planned capex of Rs 5,000 cr for FY21
Indian airlines resumed their domestic operations from 25 May after being grounded for two months due to the lockdown to contain Covid-19 pandemic
Here are the top business headlines on Wednesday morning