Page 7 - Domestic Airlines

No employee will lose job, says Air India, but cuts allowances by up to 50%

On Wednesday, Air India announced reduction in the allowances of its employees, who have a monthly gross salary of more than Rs 25,000, by up to 50 per cent

Covid-19 crisis: IndiGo looks to raise Rs 3,000 cr, secure long-term future

Airline wants to secure long-term future during pandemic

SpiceJet offers coronavirus hospitalisation insurance to passengers

"Passengers can opt for the insurance cover ranging between Rs 50,000 and Rs 3,00,000 at a premium for as low as Rs 443 to Rs 1,564 a year (including GST)," the airline said.

Domestic airlines need $3-3.5 bn funding amid subdued travel demand: CAPA

On the fund requirements for IndiGo, which it had earlier not quantified, CAPA said, "IndiGo is likely to raise $400-650 millions by monetising its aircraft and engine assets."

Covid-19 effect: IndiGo extends leave without pay, Vistara announce paycuts

No-frills carrier SpiceJet has also cut domestic and international layover allowances for its pilots

Indian airlines struggling as most costs are paid in US dollars: Vistara

While signing contracts with aircraft leasing firms or aircraft maintenance firms, airlines generally have to agree to make payments in US dollars only

Covid-19 crisis: Pilots, crew are opting for leave without pay for now

Sources at both IndiGo and Vistara say that some senior pilots and crew who have elderly parents at home had said that they would like to stay off the roster for now.

Bombay High Court allows domestic airlines to fill up middle seats

The HC issued the order on Friday while hearing a petition filed by Air India pilot Deven Kanani who said social distancing was not being maintained on flights as the airline was filling up all seats.

Letter to BS: Post lockdown, high costs can force out many air travellers

The aviation sector will face a strong headwind as fliers will avoid all non-essential travel.

IndiGo posts Rs 1,290 crore pre-tax loss in Q4 amid Covid-19 lockdown

Although unsure of revival in demand, Chief Financial Officer Aditya Pande said there was a slight uptick in forward bookings after the lockdown was relaxed.

Why aviation regulator is not forcing airlines to keep middle seat empty

DGCA was forced to relook at the middle seat policy after an Air India pilot had challenged the regulator's protocol, in Bombay high court, which allowed airlines to book all seats.

Travel outlook uncertain, demand may fall amid Covid-19 crisis: Vistara

Domestic air travel resumed on Monday after a span of two months and a majority of passengers in the first four days were those, who were left stranded in different parts of the country.

Lockdown 4.0: Over 95% flight bookings for one-way trips, shows data

Domestic flight operations resumed on May 25 after a two-month suspension, allowing stranded people to return home.

Flights resumption: States' rules put a damper on air travel schedules

Airline executives say occupancy was only 50-55% on Tuesday

325 flights carrying 41,673 flyers take off on Day 2 of service resumption

Moreover, domestic operations resumed in Andhra Pradesh on Tuesday, a day after the restart of air travel across India.

Over 500 flights take off, but states create plane confusion at airports

Maharashtra clears air, says short-term visitors exempt from isolation

'How do I get a printout?' New flying rules test some passengers' patience

India resumed commercial domestic flights on Monday after a gap of two months and the first day saw high cancellations and nervous passengers trying to adapt to the new normal of flying.

Airlines to follow ticket price rules as domestic flights begin from May 25

Airlines will be allowed to resume about a third of their operations from Monday, within rules that include no meals on board, temperature checks for all passengers

Covid-19 lockdown: Airlines go for cuts again as grounding may extend

With indications of a longer period of air transport grounding, many airlines are looking at further cuts in employee salary.

Domestic aviation industry to incur over Rs 24,000 cr loss in FY21: Report

This would reverse the growth trend of around 11 per cent per annum, which the industry has logged over the past ten years, making it one of the most adversely-affected sectors of the economy