For over a year now, uncertainty has ruled the world and India, too, remains in choppy waters, choppier than most
Compared with other major countries during Covid-19, domestic airlines have precariously stayed the course
Analysts remain sceptical on the profitability from freighter business
The annual general meeting of Jet Airways scheduled to be held on Tuesday was adjourned due to lack of quorum, according to a regulatory filing. The company would intimate the further notice of the adjourned meeting separately, it added. Jet Airways suspended operations in April 2019 and is currently undergoing an insolvency resolution process. The affairs of the full service carrier are being managed by resolution professional Ashish Chhawchharia. "... we hereby inform you that the meeting to be held on Tuesday, 08 June 2021 at 12:00 Noon (IST) through two-way Video Conferencing ('VC') facility or Other Audio-Visual Means ('OAVM') was adjourned due to want of the quorum," the filing said on Tuesday. As per a filing in May, the meeting on Tuesday was to consider and adopt the company's audited standalone financial statements for the financial year ended March 31, 2020 together with the reports of auditors. Besides, the appointment of statutory auditor was to be discussed. The com
Rise in passenger uptake expected to be swifter than it was after 1st wave
The introduction of mandatory RT-PCR tests and lockdown like curbs introduced by various states including Maharashtra and Delhi dampened the demand
Dispute mentioned in airline's DRHP under 'risk factors'
Airlines are not permitted to serve meals in domestic flights that have a duration of less than two hours, the Civil Aviation Ministry said on Monday, as coronavirus cases continue to spiral across the country. The ban will come into effect from Thursday, the ministry said in its order. When scheduled domestic flights were resumed on May 25 after coronavirus lockdown last year, the ministry had allowed the airlines to serve in-flight meals under certain conditions. Modifying the previous order, the ministry's fresh directive said: "The airlines, operating flights on domestic sectors, may provide meals services on board, where the in-flight duration is two hours or more." The ministry said it decided to review the on-board meal services in domestic flights due to the "the increasing threat of COVID-19 and its variants". Airlines are permitted to serve only pre-packed snacks, meals and pre-packed beverages on flights that have a duration of more than two hours,. The servicing of ...
Occupancy in airlines is down to 60 per cent as number of cases rises and states impose travel curbs
The ifs and buts around its sale are growing day by day
Top representatives of Banana Republic Securities and Mumbai Airline's bosses meet in Worli to discuss IPO plans of the airline
Delhi govt too is expected to order RT-PCR tests for passengers from affected states; last-minute bookings not taking place, say airlines
International traffic is showing no sign of picking up and for Indian carriers, West Asia - a lucrative market - is still out of bounds
GoAir's failure to retain senior management has been ascribed to the classic weakness of Indian promoters
Amit Shah said the process of granting Indian citizenship to refugees under the CAA, will begin once the process of Covid-19 vaccination has ended. Read top stories with Business Standard
For flights with duration of 90 to 120 minutes the lower fare cap has been increased to Rs 3,900 from Rs 3,500 whereas the cap on maximum chargeable fare has been increased to Rs 13,000 from Rs 10,000
The pandemic hit few sectors harder than air travel, wiping out tens of thousands of jobs. IndiGo had slashed its workforce by 10 per cent last year in view of travel disruptions
Online travel portals and airlines say the demand from companies is being led by essential services sectors like pharmaceutical, oil and gas, and power
A Tata takeover of Air India is being seen as the best outcome for all concerned
Except IndiGo, airlines resist lifting of cap as traffic uncertain