SEARCHED FOR:INDIAN AIRLINES
Passenger demand for air travel to contract by 49% for Indian airlines in 2020: IATA
The passenger demand for air travel will contract by 49 per cent this year for Indian carriers in comparison to last year due to the COVID-19 crisis, said global airlines body IATA on Monday.
Indian airlines struggling hard as most costs are paid in US dollars: Vistara
"The reason why the airlines are struggling this hard is becaus...
All Indian airlines need to start looking for wide-body aircraft now: SpiceJet CMD
In India, only Air India and Vistara have wide-body aircra...
A fifth of Indian carriers’ leased fleet from Chinese, Hong Kong owners
Indian carriers have a combined passenger aircraft fleet of 650, of which about 600 are on outright lease or under sale and leaseback. In terms of number of companies doing business with Indian carriers, China closely follows Ireland and the US.
About 65% of 6,000 consumers in a Vistara survey want to fly within 6 months
The numbers may give some hope to the airline industry which continues to face low demand, forcing airlines to operate even lesser flights than the curtailed schedule allowed by the government. They are also forced to cancel flights last moment. Airlines are managing to fill 50%-60% of their flights on average.
Coronavirus shutdown: Bailout the only way out for Indian airlines?
Airlines are projected to lose around Rs 17,000 crores this fiscal year because of the coronavirus-induced lockdown. Will the sector - which...
India to operate over 1,000 more flights under Vande Bharat; private carriers to operate 70% of it
Aviation Minister Hardeep Singh Puri announced today that they have allowed both private airlines and Air India to operate about 1050 flights under the scheme.
Hazy Start: Time didn’t fly for airline passengers on Day 1
Passengers, masked and gloved, in hazmat suits, had to deal with glitches and sudden rule changes.
Health Ministry asks Indian airlines not to carry those with 'home quarantined' stamps
As the ban on international flights came into effect in India in the wake of novel coronavirus outbreak, the Union health ministry on Monday told Indian airlines that passengers with "home quarantined" stamps on them should not be allowed to board any domestic flight.
Mumbai airport continues to have curtailed operations on Day 2
The Mumbai International Airport Ltd while announcing resumption of domestic passenger services from May 25 had said on Sunday that it would be operating a total of 50 flights to begin with, including 25 departures and equal number of arrivals.
Covid-19 crisis: Indian airlines hold on to Rs 6,000 crore to avoid hard landing
Firms are estimated to be holding about ₹6,000 crore from payment for bookings.
Indian aviation sector may incur $3.3-3.6 billion loss in June quarter: CAPA India
In a report, CAPA India said airlines are expected to post a loss of around USD 1.75 billion while that of airports and concessionaries could be USD 1.50-1.75 billion. Ground handlers are estimated to post a loss of USD 80-90 million. Together, the loss for the sector is anticipated to be USD 3.3-3.6 billion in the first quarter of the next financial year.
19.84L passengers flew domestically in June, load factor of airlines remained low: DGCA
The occupancy rate or load factor for five out of six major Indian airlines was between 50 and 60 per cent in June 2020. The passenger load factor in the month of June 2020 has shown a sharp decline due to limited air operations because of the COVID-19 outbreak. A total of 2.81 lakh air passengers had travelled domestically between May 25 and May 31, the DGCA had said.
Airlines decline refund to customers for cancelled tickets as lockdown extended
Most of the airlines had been taking bookings except national carrier Air India for domestic flights for the period beyond April 14. Following extension of lockdown, however, the airlines are refusing to issue refund to customers. Some giving customers to book tickets for later dates.
Airlines risk extinction as India refuses to bail billionaires out
Modi’s administration hasn’t doled out funds to industries or airlines backed by private businesses.