Page 2 - Aviation Sector In India

Covid impact: Indian carriers risk consolidation, plane repossessions

Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May

IndiGo parent InterGlobe Aviation settles case with Sebi amid promoter feud

The company has settled the matter "without admitting or denying any violation on its part," by paying a settlement charge of Rs 2.1 crore, according to a Sebi order

Servers hacked in Dec; hackers may upload docs on public platforms: IndiGo

IndiGo airlines said that some of its servers were hacked earlier in the month of December and hackers might upload some internal documents on public platforms

Air India Express announces pay cuts for staff after revenues decline 88%

Salary cuts will be effective from April 1 and will continue till further review by the board of directors.

Indian aviation sector in survival mode, needs viable revival: IATA CEO

He said it is particularly disappointing that the package of $123 billion in government financial aid that has been announced around the world, including $26 billion in the Asia Pacific region

Poor, farm sector likely to be FM Nirmala Sitharaman's next focus

Some of the sectors which have been worst affected by the pandemic and the lockdown include hospitality, tourism, aviation, logistics, e-commerce, automobiles, manufacturing and others

Banks bat for package for beleaguered aviation, hospitality, realty sectors

Public sector bank executives said these three sectors have been hit badly in the immediate aftermath of lockdown announced in March 2020

Top headlines: UBS pegs FY21 growth at -0.4%, US death toll crosses 1 mn

Business Standard brings to you a snapshot of events which made it to the headlines today

Coronavirus: India mulls up to $1.6 bn rescue package for aviation sector

The Finance Ministry is considering a proposal that includes temporary suspension of most taxes levied on the sector

Lost Jet capacity back in air: With 5 new aircraft, carriers' fleet at 618

When Jet Airways was operating to its full schedule, the total fleet size of Indian airlines had peaked at 614 in January

Festive season fails to lift air travel demand despite flash sales

Aviation experts blamed low business activity, muted consumer sentiment and closure of Jet Airways as main reasons for the lower number of passengers flying

Govt plans inflation-linked pre-determined tariff structure for airports

On July 18, the govt introduced a bill in the LS that seeks to amend AERA Act to have provisions for new tariff models for airports

Letters: Bursting at the seams

The booming aviation sector is facing acute infrastructure shortage

India's aviation sector is flying into severe infrastructure shortage

Domestic airports across the country are bursting at the seams

Indian carriers set to fly more than 800 new planes

SpiceJet, IndiGo, GoAir and Jet Airways have firmed up orders for over 800 new planes

UDAN Indian aviation's biggest achievement in the past year: Jayant Sinha

India is set to be an important global aviation market, says MoS Civil Aviation Jayant Sinha