Page 35 - Aviation Sector

SC asks Centre to clarify over refund for air tickets booked amid lockdown

The Supreme Court asked the Centre to clarify whether it is willing to give complete refund of air tickets booked for travel during the Covid-19 lockdown

Chinese carriers sweep markets: Capture 9 of world's top 10 airline stocks

The global airline industry has been walloped by the coronavirus pandemic, as governments imposed unprecedented border restrictions and people became more reluctant to travel

Difficult to avail loan restructuring under Kamath panel: Airline execs

Getting working capital loans will also become difficult as there is no certainty when the passenger flow will pick up

Airlines are removing seats to make space for gadgets and seafood

The grounding of passenger planes at a time of increased demand for everything from medical supplies to iPhones has boosted freight rates

United Airlines to axe 16,370 workers, many more going without pay

Many staffers have opted for leave that provides healthcare but no money, according to Association of Flight Attendants-CWA International President Sara Nelson

Vistara introduces three days of leave without pay for pilots in September

The three-days leave without pay (LWP) measure for pilots is in addition to a cut in monthly base flying allowance

Domestic air travel in China almost returns to 'pre-pandemic levels'

In the second week of August, domestic arrivals at Chinese airports reached 86 per cent of last year's levels

On-board meal service in flights to resume soon as govt lifts ban

In-flight meals were banned when air transport had resumed on 25 May to counter the spread of the virus

UN's ICAO to conduct another audit of India's air safety readiness

Global aviation watchdog's audit comes in the aftermath of Air India Express crash in Calicut which claimed 20 lives

Covid-19-hit aviation industry requires $5 bn to stay afloat: CAPA

"Covid-19 will inflict an unprecedented financial impact on the industry. Airlines are the most vulnerable, with some carriers at breaking point," CAPA said

GoAir and SpiceJet: Two flight paths to survival as aviation crisis deepens

The strategies of the second and third-largest private airlines - GoAir and SpiceJet - offer a study in contrast

Govt hikes aviation security fees for passengers to Rs 160 effective Sept 1

Hike necessary to compensate in security fees as passenger number dwindles

In another round of exodus, half-a-dozen executives quit GoAir: Report

Besides announcing paycuts for most of its employees in March, GoAir had also announced the LWP scheme for 60-70 per cent of the staff in April

Indigo, SpiceJet are on a breakout and ready to fly higher, charts suggest

A surprising spurt on Indigo share, the Spicejet crossing the resistance indicate breakout in progress.

IEA cuts 2020 oil demand forecast by 140,000 bpd over aviation sector woes

The Paris-based IEA slashed its 2020 outlook by 140,000 bpd to 91.9 million bpd, its first downgrade in several months

Licence scandal: Pakistan aviation regulator issues notices to 193 pilots

The scandal over pilot licences in Pakistan emerged from an investigation into the crash of a Pakistan International Airlines plane on May 22 in Karachi that killed 97 people

Chopper regulations restrictive, govt looking to ease norms: Aviation secy

In order to boost helicopter operations in India, the first sector that the Civil Aviation Ministry is focusing on is creating a network of heliports, the secretary said

Indian airlines await govt bailout as other countries open their purses

Industry experts say after almost zero traffic in April, airline traffic has marginally improved to 30 per cent in July but not enough to pay for costs

Number of flights up, yet less than a third compared to July 2019: Icra

Rating says airlines operated at much lower capacity of about 27% this July compared to July 2019 level, but there was a marginal rise over the 25% capacity achieved in June 2020

Moody's downgrades Rolls-Royce's credit rating to junk; outlook negative

Shares in Rolls-Royce, which have already lost almost two-thirds of their value during the pandemic, dropped 5.7% to trade at 253 pence at 0827 GMT, after Moody's statement