Page 21 - Aviation Sector

Top headlines: ED raids Cox & Kings offices, weak aviation sector and more

From fuel price hikes for the second day in a row to Moody's report on air passenger traffic in 2021, here are the top headlines of the day

Letter to BS: Post lockdown, high costs can force out many air travellers

The aviation sector will face a strong headwind as fliers will avoid all non-essential travel.

Emirates fires undisclosed number of staff as global aviation comes to halt

Emirates, the jewel of the sheikhdom's vast array of state-linked enterprises, declined to offer figures on how many staff it fired

Save, shrink, survive: Indian aviation in the time of coronavirus

Business for Indian airlines stopped when the domestic and international services were first suspended in March to contain the spread of coronavirus. How will the airlines change after this crisis?

12 IndiGo passengers who travelled on 4 flights test positive for Covid-19

On Tuesday, IndiGo had said that a passenger who travelled on flight 6E 381 from Chennai to Coimbatore on Monday evening tested positive for the disease

Airlines may sustain losses on limited operations, demand worries

Despite the limited number of flights and price restrictions, analysts believe that the fares are yield accretive for airlines

Aviation sector stares at Rs 25,000 cr revenue loss due to lockdown: Report

The losses would reverse the trend growth of 11% per annum the industry has logged over the past ten years, making it one of the most adversely affected sectors of the economy

Sanitisers to ticket price: 10 changes to note when India resumes flights

Facemasks and social distancing measures may become a common practice for airline passengers.

After Covid-19, clients will look at WFH issues: HCL Tech's C Vijayakumar

C Vijayakumar, president and chief executive officer of HCL Tech, tells Neha Alawadhi that though demand has fallen in some sectors, others continue to be strong.

No sign of bailout from govt yet, GoAir promoters tell employees

The low-cost airline has sent 90% of its employees on leave without pay till 4 May

Covid-19 crisis: PM Modi reviews aviation, power sectors' performance

Reviewing the power sector, the prime minister underlined its importance in propelling the economy. The need for an effective enforcement of contracts to attract private investment was also discussed.

India Inc wants govt to shift focus to economy amid Covid-19 outbreak

CEOs warn of economic depression, say need to work within new normal

Calibrated monetary, fiscal stimulus on anvil: Principal Economic Advisor

International passenger travel would remain shut for a long time, not for weeks but for months, he said citing examples of sectors which will continue to be non-functional

Flight curbs to be lifted when coronavirus is under control, says minister

Hardeep Singh Puri also said a directive was issued on Sunday to airlines, restraining them from doing open bookings since they did not heed to government's advice in the matter

Cash support, loans, tax holiday: Ficci seeks bailout package for aviation

It also pitched for deferment of term-loans by up to six months, 180-days credit window by the oil marketing firms and waiving of aircraft insurance premium, among others.

Revival, not survival

Going ahead, the government's policy actions for the aviation sector needs to be less myopic

IT firms stare at increasing client issues over coronavirus pandemic

With airlines industry being largely impacted, manufacturers like Airbus and Boeing are also expected to spend less on digital technologies

Airlines seek govt help to pay staff salary as coronavirus grounds aviation

According to a calculation by the government, Indian airlines are likely to operate only 30 per cent of their fleet for the next two months

Valuation of Air India set to take a knock amid coronavirus outbreak

The aviation industry is expected to make a loss of $67 billion in 2020 and several airlines are expected to file for bankruptcy in the coming months

Rumours & fears grip aviation sector as coronavirus dampens operations

Many in the industry argue that there will be at best three to four players over the long term, and that the weaker airlines will be weeded out