Page 26 - Aviation

Global air cargo up 9.4% compared to pre-Covid levels in May: IATA

Global demand measured in cargo tonne kilometres was up 9.4 per cent compared to May 2019, the International Air Transport Association has said

Boeing ropes in former General Electric executive Brian West as CFO

Boeing Co named former General Electric executive Brian West as its chief financial officer, more than two months after the planemaker announced the surprise retirement of Greg Smith

Covid impact: Philippines extends travel ban on India until July 15

The Philippines has extended the travel ban for all inbound travellers from India, Pakistan, Sri Lanka, Bangladesh, Nepal, Oman, and the United Arab Emirates (UAE) until July 15

SpiceJet plans to raise funds through equity; shares gain over 2%

No-frills carrier SpiceJet plans to raise funds through issuance of equity shares or debt instruments and the proposal will be discussed at its board meeting on Wednesday.

Covid-19 impact: Passenger traffic at Bengaluru airport dips 66%

The passenger traffic at Kempegowda International Airport here (KIAB/BLR Airport) nosedived 66 per cent in the financial year 2020-21, with the COVID-19 pandemic dealing a major blow.

Kalrock-Jalan consortium starts work to fly crisis-hit Jet Airways again

Jet suspended operation in April 2019 & its permit is not valid

Cash-strapped airlines push for single pilot ops: It's a reckless idea

Booming demand for air travel comes up against shortage of aviators, forcing industry to cut corners.

Largest Boeing 737 Max model takes off on maiden flight over Washington

The first flight heralds months of testing and safety certification work before the jet is expected to enter service in 2023

Govt needs to take a clear stand on airline capacity cap: IndiGo chief

We have set for ourselves a minimum threshold of cash, come hell or high water, said Dutta

Analysts bet on larger players in travel & tourism space post RBI's support

In a bid to alleviate the adverse impact of the second wave of the pandemic on "contact-intensive sectors", RBI governor Shaktikanta Das announced a separate liquidity window of Rs 15,000 crore

Govt must consider Air India's massive financial burden: CAPA India

The government must consider Air India's massive financial burden, which is likely to be a potential liability of $20 billion and look at possible changes to the contours of the proposed sale

IndiGo brings leave without pay for senior staff to tide over Covid impact

The airline said senior employees would have to go on compulsory leave without pay for up to four days per month till September as passenger traffic has reduced due to the second Covid wave

Air India flight returns mid-air to Delhi after bat found in plane

DGCA officials said fumigation was carried out and bat carcass was retrieved from the aircraft.

Covid impact: Ban on international flights extended till June 30, says DGCA

The decision to extend the suspension on scheduled international passenger flights comes as India battles a second wave of coronavirus

Singapore Airlines not to go for M&A, Vistara investments to continue

Fundraising primarily to shore up liquidity of the company

Virgin Galactic Holdings test flight reaches space from New Mexico

The unexpected part of the event, he said, was when an ecstatic Branson sprayed him with champagne following the flight

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

We have a lower cost structure than IndiGo: Ben Baldanza of Go First

In a Q&A, the vice-chairman of India's second-largest airline says he doesn't see its competition in the market leader, but in SpiceJet, Air India, Vistara and AirAsia

Will Go Air's IPO initiate sector re-rating? Here's what analysts think

Go Air's debut on the exchanges may not trigger a re-rating for incumbent players, believe analysts, who expect turbulent times for the sector in the foreseeable future coupled with high valuations

Boeing faces new hurdle in 737 MAX electrical grounding issue: Sources

The extra analysis injects new uncertainty over the timing of when Boeing's best-selling jetliner would be cleared to fly by the U.S. Federal Aviation Administration (FAA)