Page 4 - Goair

Domestic aviation sector will need extra Rs 35,000 cr between FY21-23: ICRA

In the forecast, Icra has included an aggregate of all the five private sector players -- IndiGo, SpiceJet, GoAir, Vistara and AirAsia India -- to make the balance sheet

Covid-19 lockdown: Airlines go for cuts again as grounding may extend

With indications of a longer period of air transport grounding, many airlines are looking at further cuts in employee salary.

Covid-19: India told airlines to stop selling tickets, but they wouldn't

Four of the country's top six airlines, which together control 80 per cent of the local market, are selling domestic flight tickets for as soon as the third week of May

Airlines seek 6 month lease rent deferral, rates reduction to cut costs

Aircraft lease rentals account for around 15 per cent of an airline's overall expense and since these are paid in dollars are also subject to currency fluctuation.

Covid-19 impact: GoAir employees to go on leave without pay until May 3

Most of the airlines had chalked out their plans to resume services from April 15 in expectation that the lockdown will be lifted

AirAsia opens flight booking from April 15, says open to any change by DGCA

In case there is any change based on the direction provided by the regulator, he said, "we will abide to the policies and notify guests accordingly.

GoAir to protect passenger fare for future travel until Apr 30, 2021

Goair had last week said this ticket credit scheme was available for bookings done till april 15 only.

Covid-19: GoAir is third airline to cut salaries, all staff to take hit

Extent of March pay cut not known, lowest pay grades will suffer least; domestic airlines have sought urgent funding from govt to pay 50% staff salaries for next three 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

GoAir top leadership takes 50% pay cut as Covid-19 dents airline revenues

As revenues have fallen drastically amid the coronavirus pandemic, the airline has already laid off its expat pilots and announced leave without pay for its employees

GoAir appoints aviation sector veteran Sanjiv Kapoor as its advisor

Kapur has also been associated in the past with SpiceJet, where he handled the position of Chief Operating Officer

Janta Curfew: GoAir to suspend flights on March 22, IndiGo trims operations

Goa Air said it is responding to the clarion call given by the Prime Minister of India to lead the nation in stemming the spread of coronavirus

Indian airlines start grounding aircraft; govt considers relief package

The largest Indian airline IndiGo, which has 47 per cent market share, announced a steep pay cut for its senior management, pilots and crews

Coronavirus impact: Vistara joins GoAir to suspend international flights

CAPA projects Indian airlines to post $500-600 mn loss in Q1 FY 2021, says most airlines in the world will be bankrupt by May end

Domestic air passenger traffic grew by 8.98% in Feb on rising demand: DGCA

With 83.4%, AirAsia India was number one in on-time performance measured at four metro cities -- Bengaluru, Delhi, Hyderabad and Mumbai.

GoAir suspends international ops, offers 30-day leave without salary

The Wadia group airline announced today it is shutting all international flights till April 15

Top biz headlines: GoAir stops int'l ops, exporters seek govt aid, and more

From GoAir suspending international flights to digital payments getting the boost amidst Covid-19 concerns, Business standard brings to you the top headlines of the day

Coronavirus outbreak: It's safe to travel, SpiceJet, GoAir tell customers

Flight occupancy and fresh bookings have dropped over ten per cent in last few days as individuals and corporates defer trips. International travel is already hit due to a series of visa restrictions

Delhi HC seeks response of Centre, DGCA, IndiGo, on grounding of A320neo

The plea has alleged that despite being aware of "significant technical issues with Airbus A320neo," neither MCA nor the DGCA have taken any concrete steps to ground these aircraft

IndiGo, GoAir to replace 180 unmodified PW engines by May 30: DGCA

IndiGo and GoAir have 106 and 43 A320neo aircrafts, fitted with PW engines, respectively. Post the induction of the aircraft into service, there have been a number of incidents of snag in the engines.