Page 3 - Airline Industry

Domestic airline industry calls for rationalisation of ATF taxes

India's domestic airlines have called for rationalisation of taxes on jet fuel to counter the massive rise in fuel prices.

Airlines may go for another round of fare hikes as crude prices bite

The govt has set minimum and maximum fares for domestic flights and these are applicable upto a fortnight. For booking beyond 15 days airlines are free to set their own fares.

Go First will evaluate operating flights to Ukraine, says airline official

Budget carrier Go First will evaluate the option of operating chartered passenger flights to Ukraine if there is a proposal from the government, a senior airline official said on Thursday.

Govt orders airlines, ground handlers to use energy efficient equipment

While the companies have welcomed the ministry's green initiative, they said that the deadline of May 2022 for implementation is tight

Some airlines risk failure if they do not cut emissions faster

Several companies, such as HSBC Holdings plc, Zurich Insurance Group Ltd, Bain & Company and S&P Global Inc, have already announced plans to quickly cut business travel emissions by as much as 70%.

Jhunjhunwala-backed Akasa hires former IndiGo executive Ankur Goel as CFO

The airline is reportedly in final negotiations with aircraft manufacturer Boeing for an order of up to 100 737 Max jets

Delta Air Lines will make unvaccinated employees pay charge

Delta Air Lines will charge employees on the company health plan $200 a month if they fail to get vaccinated against Covid-19

HC grants SpiceJet relief against recovery proceedings by GST authorities

GST authorities had asked SpiceJet to pay tax liabilities of Rs 80.6 crore and furnish details of properties.

Airline industry statistics confirm 2020 was worst year on record

A total of 1.8 billion passengers flew in 2020, a decrease of 60.2 per cent compared to the 4.5 billion who flew in 2019

Top headlines: Amazon goes to SC against Future, India and China cool off

Business Standard brings you top news of the evening

Air India pilot unions warn of 'industrial action' over salary cuts

Disinvestment-bound Air India's pilot unions have rejected the five per cent rollback in their salary cuts

First flight from Noida airport likely by Dec 2023 or Jan 2024: Top exec

Work on the upcoming Noida International Airport is progressing as scheduled, a top government executive said

6.35 mn domestic air passengers in Nov, 51% lower than last year: DGCA

The occupancy rate or load factor of six major Indian airlines was between 66.3 and 77.7 per cent

Tata Sons likely to submit bid for Air India before Monday deadline: Report

A successful bidder would win control of Air India's 4,400 domestic and 1,800 international landing and parking slots at domestic airports, as well as 900 slots at airports overseas

Air India gets reprieve in UK court over aircraft lease payments

The Indian state-owned carrier has been seeking a buyer for some time now as the government wants to divest its 100 per cent stake in Air India

Asian nations could mandate Covid-19 shots for travellers: AirAsia chief

Aviation industry opposition to requiring mandatory COVID-19 vaccination for passengers has intensified as impending drug approvals trigger a debate over their role in air travel.

Virgin Atlantic to start flight operations to Pak from Dec 13: Report

The Pakistan Civil Aviation Authority (PCAA) granted approval to Virgin Atlantic to start its flight operation in response to its request made on December 2, the Dawn reported

Domestic carriers may post loss of Rs 21k cr in FY21 on revenue loss: Icra

The ratings agency has also revised downward its passenger traffic forecast with domestic passenger traffic estimated to decline 62-64 per cent this fiscal from the earlier forecast of 41-42 per cent

India extends suspension on international flights until December 31

Earlier this month, the DGCA had extended the ban on scheduled international passenger flights till November 30.

Airlines scramble to prepare for ultra-cold COVID-19 vaccine distribution

Only 15% of industry participants felt ready to transport goods near the minus 70 degrees Celsius required by the Pfizer vaccine: Survey