Page 11 - Aviation Sector

Average fares on air bubble flights comparable to pre-pandemic level: Govt

Scheduled international passenger flights have been suspended in India since March 23 last year, when the coronavirus pandemic had started spreading across the world.

Airline bosses worry about impact of Omicron Covid-19 variant

The impact of travel restrictions was evident in financial results published on Tuesday by easyJet and Scandinavian operator SAS

Scindia appeals to the states and UTs to bring down VAT on aviation fuel

Civil Aviation Minister calls for co-operation and support of states and UTs in strengthening the sector

Defunct carrier Jet Airways posts Rs 306 cr loss in September quarter

The once-storied full service carrier recognised a loss of Rs 244.98 crore in relation to the sale of an aircraft

Boeing directors agree to $237-mn settlement over 737 MAX safety oversight

The proposed agreement will require the election of an additional board director with aviation/aerospace, engineering, or product safety oversight expertise

Draft guideline issued to ensure ease during air travel for disabled people

The Civil Aviation Ministry on Tuesday issued draft guidelines for aviation sector stakeholders such as airlines and airports to ensure disabled people can travel at ease

IndiGo draws defensive lines to ward-off upcoming competition

Estimates indicate a massive rebound in air travel sans the impact of high jet fuel prices.

7.06 mn domestic air passengers in Sep, 5.44% higher than August: DGCA

Around 7.06 million domestic passengers travelled by air in the month of September, 5.44 per cent higher than 6.70 million who travelled in August, the country's aviation regulator said on Monday

PM to inaugurate Kushinagar international airport on Wednesday

Kushinagar is an international Buddhist pilgrimage centre

Sale of Air India will constitute an 'important milestone': IMF official

The International Monetary Fund on Monday said the sale of national carrier Air India will constitute an "important milestone" in India's privatisation efforts. Tata group has emerged as the winning bidder for the loss-making Air India, and on October 11, a letter of intent (LoI) was issued to the group. "We welcome the recent agreement on the sale of Air India, which constitutes an important milestone," Alfred Schipke, Director of IMF-STI Regional Training Institute and a former IMF India Mission Chief, told PTI in an interview. Earlier this month, the government accepted an offer by Talace Pvt Ltd, a unit of Tata group, to pay Rs 2,700 crore cash and takeover Rs 15,300 crore of Air India's debt. After Tatas accept the LoI, the share purchase agreement (SPA) for the sale will be signed. Along with Air India, Tatas will acquire low-cost carrier Air India Express and Air India's 50 per cent stake in equal joint venture AISATS. "In general, to maximise the benefits from privatisatio

Aviation firms for 'net zero' emissions ahead of target

Rolls-Royce, Airbus, and Shell investing in technology required for net zero

Procurement of expensive plane parts after senior official's nod: Air India

The airline in an order stated that if the repair of aircraft parts is going to cost more than Rs 10 lakh, it has to be first approved by the Executive Director Engineering

Taliban warns Pakistan International Airlines to reduce fares or face ban

The Islamic Emirate of Afghanistan warned the Airlines after PIA started charging up to USD 2,500 for each ticket from Kabul to Islamabad

Covid impact: Out-of-practice airline pilots are making mid-air errors

Potentially disastrous errors all took place in the US in recent months as pilots returned to work

Boeing uncovers another defect on 787 Dreamliner: Report

The company did not name the supplier, nor did it identify the part, although a report said the defect involved certain titanium parts that are weaker than they should be

Divestment-bound Air India reports Rs 7,017 crore loss for FY21

The loss after tax stood at Rs 7,017 crore in the year through 31 March 2021, down from a Rs 7,766 core loss recorded in the previous year

After Air India privatisation, aviation set to be 2nd most concentrated mkt

The top two players will control 80% of industry revenue

India's aviation sector on the verge of a turnaround?

Indian airlines' passenger traffic is rising steadily. And, in time for the festival season, airlines in India are allowed to operate at 100% capacity. What else is in favour of the sector?

Delta Air warns of rising jet-fuel cost, clouding profit rebound

Delta remains the lone holdout among the largest U.S. airlines when it comes to requiring employee vaccination against Covid-19

SpiceJet revamps website with latest technology, improved features

It said the new website is designed to facilitate quick changes, making fast introduction of new products and offers to the customers.