Page 30 - Aviation Sector

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

Domestic flights to cost more as govt raises minimum airfares by 13%-16%

Flights with duration between 40 minutes to one hour will have fares at a lower limit of Rs 3,300. The fares for such flights were earlier capped by the ministry at Rs 2,900

Go First gets loan, lease rental payments breather amid Covid-19

Wadia group backing helps airline negotiate with BNP Paribas, aircraft lessors

SpiceJet plane with 31 boxers lands in Dubai after declaring fuel emergency

The plane was carrying ace pugilist Mary Kom and 30 other members of an Indian boxing contingent from Delhi

Go Air explores legal action against Go Holdings over brand rights

Dispute mentioned in airline's DRHP under 'risk factors'

Croatia: SpiceJet crew spend 21 hrs inside aircraft over RT-PCR rule change

The flight crew of SpiceJet's Delhi-Zagreb flight had to spend around 21 hours inside the aircraft at the Zagreb airport as there was a sudden change in rules making negative RTPCR test results mandatory for anyone coming from India, the airline said on Saturday. The crew were not allowed to come out of the plane and they conducted the return flight to Delhi -- after the 21-hour rest period -- without passengers or cargo. "Prior to departure from India, email confirmation was received from Croatian authorities that RTPCR is not required for crew," the airline's spokesperson said. On arrival in Zagreb on Tuesday, the crew, including four pilots, as well as cabin crew members, was told that the orders have changed. "Due to sudden and massive increase in COVID cases in India, they were then instructed that RTPCR test is required. This came as a surprise," the airline's spokesperson said. India recorded 3,26,098 coronavirus cases and 3,890 deaths on Saturday. Since the crew could not

Jet Airways' annual general meeting on June 8: regulatory filing

The firm suspended operations more than two years ago

Investors can expect upside in long term from Rs 3,600-cr GoAir IPO

Fresh funds will reduce pressure on balance sheet but a lot will depend on the company's ability to return to growth

GoAir banks on low-cost structure, promoter backing for successful IPO

The company has filed DRHP to raise Rs 3,600 crore