Page 31 - Aviation Sector

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

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

High Covid-19 testing costs can stall global aviation recovery: IATA

The International Air Transport Association (IATA) has called on governments to ensure that high costs for Covid-19 testing do not put travel out of reach for individuals and families

British Airways owner IAG boosts liquidity with $1 bn convertible bond

IAG said it would raise 825 million euros ($1 billion) from a convertible bond, the group's latest move to strengthen its balance sheet as travel remains at very low levels during the pandemic.

Vistara to start Delhi-Tokyo flights from Jun 16 under air bubble agreement

Vistara said on Monday it will start flights on the Delhi-Tokyo route from June 16 under the air bubble arrangement formed between India and Japan.

Do away with Covid-19 negative report rule, airlines urge state govts

A second wave of Covid-19 has severely hit Indian airlines

Covid impact: Indian carriers risk consolidation, plane repossessions

Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May

Statsguru: Coronavirus pandemic and the barriers in the skies

While some areas recorded recovery till the second wave hit, aviation continued to show considerable stress even when the Covid-19 spread had subsided

Cockpit and cabin crew suffer as fresh Covid wave hits air travel

Aviation jobs were scarce even before the Covid-19 pandemic arrived on Indian shores in early 2020. The situation has been exacerbated since

7.82 mn domestic air passengers in March, slightly lower than Feb: DGCA

India resumed domestic passenger flights on May 25 last year

Banned since 2019, Boeing 737 Max allowed to overfly India with DGCA nod

The aircrafts were grounded in the country since the March 2019 fatal crash of such a plane in Ethiopia

SpiceJet to charge no fees for changes done at least 5 days prior to flight

SpiceJet on Saturday said passengers will not be charged any fees for changing date or time in their tickets at least five days prior to the departure date.

Process begins for inviting financial bids for AI, deal to conclude by Sep

The stake sale process got delayed due to the Covid pandemic

A soaring flight plan: Bird Group eyes Air India's ground handling arm

The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs

India, China border woes hit Bird group's electric hatchback car plans

According to experts, the car was expected to have a price tag of Rs 10 lakh and launched this June

IndiGo introduces door-to-door baggage transfer service

Airline major IndiGo on Friday said that it has partnered with on-demand platform CarterPorter

Air India may get a new owner by June: Aviation minister Hardeep Puri

The government loses Rs 20 crore everyday on the carrier, Puri said

Covid: Four pvt airports can see 90% drop in op profit, says report

The airports are Delhi, Mumbai, Bengaluru and Hyderabad

7.8 mn domestic air passengers in Feb, 36.71% lower than last year: DGCA

The pandemic has heavily weighed on the aviation sector

IndiGo to start flights connecting Rajkot to 4 cities from Mar 28

T flight services will connect Gujarat's Rajkot with Delhi, Mumbai, Bengaluru and Hyderabad

Domestic airport sector to incur net loss of Rs 5,400 cr this fiscal: Icra

A 66 per cent year-on-year slip in passenger traffic amid Covid-19 induced travel restrictions weighed on the sector