Page 15 - Airlines

Jhunjhunwala-backed Akasa Air gets no objection certificate from govt

Akasa Air has been co-promoted by Vinay Dube, former CEO of Jet Airways

Domestic airlines carry 300,000 passengers; festivals prompt travel

Demand for travel is five times higher on a year-on-year basis, says Thomas Cook.

Tata Sons wins bid: Air India may see turnaround as debt eases by 75%

Air India reported an operating profit of Rs 1,787 crore in FY20 on a consolidated basis but reported a net loss of Rs 7427 crore due to interest and depreciation costs

New dawn for Air India: Scindia on airline's sale to Tata Group

The Tata Group's bid of Rs 18,000 crore comprises taking over of Rs 15,300 crore of debt and paying the rest in cash

Alliance Air to operate flights in Mizoram from October 18: Official

Mizoram will get an additional flight service as Alliance Air will start operating on the Kolkata-Guwahati-Aizawl-Shillong sector from October 18, an official of the state claimed on Thursday

Domestic air passenger traffic grows 2-3% to about 6.9 mn in Sept: Icra

Compared y-o-y, air passenger traffic growth stood at around 74 per cent in the month under review over September 2020

Airlines warn erratic global Covid-19 rules could delay recovery

IATA expects international travel to double next year compared with the depressed levels seen during the pandemic and reach 44% of pre-crisis 2019 levels

Global aviation to lose $201 bn between 2020-22 due to Covid: IATA DG

The industry will return to profitability in 2023, said Willie Walsh, Director General of global airlines body IATA

IATA predicts airlines will lose over $200 bn due to Covid by 2022-end

The combined $201 billion in net losses over the pandemic-blighted period eclipses close to nine years of industry earnings, based on IATA figures

Load penalty at Jammu airport scrapped, airlines can fly full capacity

In a move that may lead to lower airfares to Jammu, the load penalty for its airport was scrapped on Thursday, allowing airlines to fly full capacity, officials said.

Indian carriers expect smooth landing for employees' vaccination drive

Airlines in India began vaccinating their staff from May at their own or partner camps

Lufthansa launches $2.5 billion capital increase to repay state bailout

The airline will use the net proceeds to repay a chunk of the 9 billion euro government bailout it received last year to stay afloat throughout the Covid pandemic

Limits on airfares to remain for 15 days at any given time: Aviation Min

The lower and upper limits on airfares will remain for 15 days at any given time and the airlines will be free to charge without any limits from the 16th day onwards, the Civil Aviation Ministry said.

Aviation Ministry allows airlines to operate at 85% of pre-Covid capacity

The carriers have been operating 72.5 per cent of their pre-Covid domestic flights since August 12

Vinod Kannan to take charge as Vistara CEO from January 1 in brass rejig

Chief commercial officer to replace Leslie Thng who joins Singapore Airlines

Vinod Kannan to lead Vistara; Leslie Thng to join back Singapore Airlines

Vistara announced the change of guard at the airline, bringing in its Chief Commercial Officer Vinod Kannan as the new CEO in place of Leslie Thng

Jet Airways to have over 100 aircraft in 5 years; HQ will shift to Gurugram

First flight between Delhi & Mumbai in Q1 of 2022

Travel agents seek cash refund from bankrupt Italian airline Alitalia

The 74-year-old Italian airline Alitalia announced it will cease to fly from October 15

British Airways to resume Chennai-London flights from Thursday

British Airways said on Wednesday it will resume its Chennai-London flights, which had stopped in May last year due to COVID-19, from Thursday onwards.

Revising UAE air service pact will hurt Indian airlines, spike fares: CAPA

Move could lead to aero-political dispute; clubbing separate agreements into one and capping number of seats could also see spike in airfares