Page 38 - Aviation Sector

No need for aviation sector to worry about coronavirus: Hardeep Puri

The civil aviation minister asserted that agencies under his ministry were able to effectively monitor airports against the spread of coronavirus without causing any panic

Seat capacity drops up to 100% on China, SE Asian routes over Coronavirus

There are 30 international airports in the country and on an average, these aerodromes receive about 70,000 international passengers

Domestic flight occupancy drops 15% as Coronavirus sparks fear of flying

With domestic travel, generating bulk of the revenue for carriers slowing down, the slump in crude oil price will provide limited relief for airlines

Coronavirus casts chill over aviation outlook despite Asian growth

Tinseth said that the cargo business will likely be flat this year and that growth in aircraft sales is likely to fall below its forecast of 2.5-2.7% in 2020

A new, alien animal

The aviation sector in India has undergone a structural change - from one dominated by personalities to one dominated by well... nothingness

UK group to invest Rs 950 crore in Turbo Aviation's new airline TruStar

Founded by V Umesh, Turbo Aviation is planning to launch a new airline called TruStar to run the commuter air services under UDAN scheme starting next year

Turbo Aviation to launch low-cost airline, fly on Udan routes by mid-2020

The company has already signed a partnership deal with a UK business group for a $100-million funding support to speed up the launch process

Airlines fail to gain from fuel price cut, may post $600 mn loss in FY20

The financial projections are based on the assumptions that oil prices are in the range of $60-65 per barrel, exchange rate is Rs 70-72 against USD and that airlines maintain pricing discipline.

Can an aircraft fix solve air pollution issue? This French firm claims so

Sounds surreal? If things remain on track, a wild disruptive imagination from Thales, an innovation giant, may become a reality as early as in the next five years

SpiceJet faces liquidity crunch, plans to raise Rs 750 crore via QIP

The prolonged grounding of the Boeing 737 MAX aircraft has put pressure on the airline's cost control

Airlines may go telcos' way if low-fare regime does not end: SpiceJet CEO

If Indian airlines do not follow pricing discipline, they will see a similar financial strain: Ajay Singh

Warburg Pincus sells airline services firm Accelya to Vista Equity Partners

Warburg Pincus bought Accelya from French private equity firm Chequers Capital in 2017

Boeing drops automation system used to build 777 jets on reliability issue

Boeing had faced delays last year when the fuselage automated upright build machine was tried out on existing versions of the 777

Restructuring to save South African Airways $47 bn, but affect 944 jobs

If you look at the 944 employees (who could lose their jobs), it's estimated, depending on how the process pans out, it could save the company about 700 million rand.

More flights for Saudi Arabia as govt hikes seat quota by 78% to 50,000

Indian carriers don't oppose proposal to hike the quota as there is limited onward traffic over Saudi Arabia

Lost Jet capacity back in air: With 5 new aircraft, carriers' fleet at 618

When Jet Airways was operating to its full schedule, the total fleet size of Indian airlines had peaked at 614 in January

Hindujas not planning to invest in India's aviation sector: Dheeraj Hinduja

Hinduja is a diversified group present across 38 countries, with interests in automobiles, power, chemicals, finance and other sectors

Festive season fails to lift air travel demand despite flash sales

Aviation experts blamed low business activity, muted consumer sentiment and closure of Jet Airways as main reasons for the lower number of passengers flying

Fly with caution

With growth hitting a new low, the Indian aviation sector needs to tread carefully

How Pakistan can hurt Indian aviation by closing its airspace

The financial implications of aircraft flying West from Delhi being forced to take circuitous routes to at least 27 destinations would be severe