Page 14 - Aviation Sector

Number of domestic passengers at Delhi airport rose by 3 times since May

Currently, the airlines are permitted to operate not more than 50 per cent of their pre-Covid domestic flights.

Shares of Jet Airways decline 5% after earnings announcement

The shares hit the lowest trading permissible limit for the day

Suspension of scheduled int'l passenger flights extended till July 31

India has formed air bubble pacts with around 24 countries including the US, the UK, the UAE, Kenya, Bhutan and France.

IndiGo's reduces emissions by 5% via ground support equipment automation

Airline major IndiGo has reduced emissions by about 5 per cent via its ground support equipment automation.

Passenger traffic at Bengaluru Airport plummets by 66 percent in FY 2020-21

As Covid pandemic continues to affect the aviation sector, Kempegowda International Airport, Bengaluru informed that passenger traffic at Bengaluru airport has plummeted by 66% in FY 2020-21

India's airline fleet to contract, fall below 700 on weak demand: CAPA

Indian airlines are expected to induct 69 planes during the year and retire 86 aircraft, some of which could be through repossessions by lessors

Around 30 airports assure new Jet Airways owners of slot availability

Consortium's plan hinges on historic rights over peak hour slots

Jet Airways shares fall nearly 5% after shareholders reject results

On Friday, the 30-share BSE Sensex closed marginally higher.

Air India Express flies India's 1st in'tl flight with fully vaccinated crew

The flight was operated from Delhi to Dubai with the pilots and all crew fully vaccinated against the coronavirus.

5 aircraft of IndiGo, Go First damaged at Ahmedabad airport due to storm

Go First was previously known as GoAir

Jet Airways shareholders reject company's financial results for FY20

The airline has dues of around Rs 8,500 crore.

IndiGo flight suffers tyre burst while landing in Hubli, all aboard safe

The aircraft is currently under maintenance checks at Hubli, the airline said.

How Indian aviation sector braved Covid turbulence better than global peers

Compared with other major countries during Covid-19, domestic airlines have precariously stayed the course

IndiGo hopes to reach pre-Covid level of traffic by Q2 of next yr: CEO

In July last year, India'a largest carrier had laid off 10 per cent of its workforce due to the coronavirus-induced economic crisis.

AirAsia has grounded around 90% of fleet amid Covid-19 surge - executive

This comes amid a resurgence of Covid-19 outbreaks

IndiGo Q4: Loss widens to Rs 1,147 cr as higher fuel costs, virus hit biz

The country's largest airline's revenue from operations fell 25 per cent to Rs 6,223 crore as compared to Rs 8,299 crore in the corresponding quarter of the last year

Indian airlines may post $4.1 billion consolidated loss this fiscal: CAPA

Airlines are estimated to need closer to $5 billion of recapitalisation in 2021-22 just to survive, including requirements generated through the course of 2020-21, it said.

Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis

Go First cuts pay by 16%, while IndiGo and SpiceJet enforce leave without pay and pay-by-the-hour, respectively

AirAsia India extends free cancellation, rescheduling in states on lockdown

The free cancellation and rescheduling facility for the flights to and from Telangana has been extended to June

ECLGS in aviation: Industry player says decision to ease liquidity pressure

Govt announced extending the Emergency Credit Line Guarantee Scheme to the civil aviation sector, a move that is expected to provide a liquidity solace for the pandemic-hit segment