Page 2 - Capa

Coronavirus outbreak could make airlines bankrupt by May-end: CAPA

Many airlines have probably been driven into technical bankruptcy or substantially breached debt covenants already, Sydney-based consultancy CAPA Centre for Aviation warned in a statement Monday

Seat capacity drops up to 100% on China, SE Asian routes over Coronavirus

There are 30 international airports in the country and on an average, these aerodromes receive about 70,000 international passengers

Stake sale in Air India 'bold move', attractive offer tabled by govt: CAPA

This is the second time in less than two years that the government has come out with proposal for selling stake in Air India

Goa's 2nd international airport in Mopa expected to be ready in three years

Supreme Court on Thursday cleared the decks for construction of an international airport by the GMR Group at Mopa in North Goa by lifting suspension on environmental clearance granted for the project

Indian airlines set for $600-million loss in FY20, says CAPA report

CAPA estimates Air India to post a loss of $500 million this year, due to the grounding of over 20 aircraft

Airlines fail to gain from fuel price cut, may post $600 mn loss in FY20

The financial projections are based on the assumptions that oil prices are in the range of $60-65 per barrel, exchange rate is Rs 70-72 against USD and that airlines maintain pricing discipline.

IndiGo flies past Air India on international routes, deploys more seats

Since June 2018, IndiGo has inducted 70 planes, taking the fleet to 239

Domestic airlines to post upto $700 mn profit, says aviation consultancy

In February, CAPA had estimated a growth of 14-16 per cent in domestic air travel, a 10-12 per cent growth in international air travel and induction of 90 aircraft in FY20