Business Standard

Thursday, December 26, 2024 | 10:39 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Airlines seek relief package from govt after coronavirus outbreak hits biz

Airlines sought a limited period concession of the standing rule of slot allocation, which mandates that firms must operate at least 80 per cent of their allocated slots

airlines, flights
Premium

Low fuel price was supposed to bring back cheer for Indian airlines. But with global spread of coronavirus, airlines are being forced to rejig their network, cut flights and delay new launches.

Arindam MajumderAneesh Phadnis New Delhi
With travel dwindling after the coronavirus (COVID-19) outbreak, Indian airline firms have sought a relief package from the government, asking that it include a waiver of landing and parking charges and payment to oil marketing companies.
 
Airlines sought a limited period concession of the standing rule of slot allocation, which mandates that firms must operate at least 80 per cent of their allocated slots. If they fail, airlines lose their right to that slot the next season.
 
Sources aware of the development said that chief executive officers of Indian airlines met Aviation Secretary Pradeep Singh Kharola on Tuesday

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in