Airline

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Airline - Total results - 244
Vistara's first 787-9 Dreamliner aircraft operates maiden commercial flight on Delhi-Kolkata route
Business

Vistara's first 787-9 Dreamliner aircraft operates maiden commercial flight on Delhi-Kolkata route

Vistara said its first 787-9 Dreamliner aircraft, which was delivered to it by Boeing in February this year, operated its maiden commercial flight from Delhi to Kolkata on Thursday morning

Airline stocks gain after govt announces resumption of domestic flight services 25 May; IndiGo surges over 7%
Business

Airline stocks gain after govt announces resumption of domestic flight services 25 May; IndiGo surges over 7%

Aviation stocks gained after the government announced that domestic airline operations will resume on 25 May.

Jet Airways insolvency resolution professional seeks fresh expressions of interest for defunct airline; shares up over 4%
Business

Jet Airways insolvency resolution professional seeks fresh expressions of interest for defunct airline; shares up over 4%

Jet Airways insolvency resolution professional on Wednesday invited fresh expressions of interest (EoI) for the grounded airline

Rahul Bhatia's InterGlobe Enterprises joins list of bidders for bankrupt airline Virgin Australia
Business

Rahul Bhatia's InterGlobe Enterprises joins list of bidders for bankrupt airline Virgin Australia

Virgin Australia is one of the first major airlines to seek bankruptcy protection in response to the pandemic

IndiGo reinstates pay cut for senior employees from May; to implement 'limited, graded leave without pay program'
Business

IndiGo reinstates pay cut for senior employees from May; to implement 'limited, graded leave without pay program'

IndiGo will be cutting the salaries of senior employees from May onwards and also implement a "limited, graded leave without pay program" for the months of May, June and July, its CEO Ronojoy Dutta said on Friday

Stung by virus, long-haul carrier Qatar Airways cuts jobs as pandemic largely grounds global aviation industry
Business

Stung by virus, long-haul carrier Qatar Airways cuts jobs as pandemic largely grounds global aviation industry

Long-haul carrier Qatar Airways said on Wednesday that it will lay off staff as the coronavirus pandemic largely has grounded the global aviation industry

Air Vistara asks senior employees to go on leave for 4 days for May, June; third month in a row by airline
Business

Air Vistara asks senior employees to go on leave for 4 days for May, June; third month in a row by airline

On 15 April, Vistara chief Leslie Thng announced that senior employees will be going on compulsory leave without pay for up to three days between 15-30 April as a measure to further conserve the airline's cash flow amid lockdown to combat the COVID-19 threat.

India's domestic air passenger traffic fell by 11.8% in March due to coronavirus outbreak: IATA
Business

India's domestic air passenger traffic fell by 11.8% in March due to coronavirus outbreak: IATA

Indian domestic air passenger traffic fell by 11.8 percent in March as compared to the corresponding month last year, indicating the impact of COVID-19 on the country's aviation sector, stated global airlines body IATA on Wednesday

Coronavirus impact: SpiceJet says pilots will not get salaries for April, May; cargo flight staff will be paid
Business

Coronavirus impact: SpiceJet says pilots will not get salaries for April, May; cargo flight staff will be paid

SpiceJet on Wednesday told its pilots that they will not be paid salaries for April and May, and said those who have been operating cargo flights will get paid for "block hours flown"

Air India sale: Govt extends deadline to bid for cash-strapped national carrier by two months till 30 June
Business

Air India sale: Govt extends deadline to bid for cash-strapped national carrier by two months till 30 June

The government has extended the deadline to bid for Air India by two months till 30 June, as the COVID-19 fallout has disrupted economic activity globally

Coronavirus pandemic likely to hit 29 lakh jobs in Indian aviation, dependent sectors; Rs 85,000-cr revenue loss : IATA
Business

Coronavirus pandemic likely to hit 29 lakh jobs in Indian aviation, dependent sectors; Rs 85,000-cr revenue loss : IATA

The coronavirus pandemic is expected to impact more than 29 lakh jobs in the Indian aviation and dependent industries, global airlines' grouping IATA said on Friday

IndiGo rolls back pay cut in April salary of employees in deference to govt's wishes
Business

IndiGo rolls back pay cut in April salary of employees in deference to govt's wishes

IndiGo CEO Ronojoy Dutta told employees on Thursday that the airline has decided to roll back the pay cuts, which were announced earlier for senior staff members, for the month of April in deference to the "government's wishes"

Virgin Australia collapses; enters voluntary administration after being hit by coronavirus crisis
Business

Virgin Australia collapses; enters voluntary administration after being hit by coronavirus crisis

Australia’s second-biggest airline, Virgin Australia, collapsed on Tuesday, putting 16,000 jobs under threat as the cash-strapped carrier announced that it entered voluntary administration to recapitalise the business after being battered by the coronavirus pandemic, which has crippled the global airline industry

Coronavirus Outbreak: AirAsia India cuts staff salaries by up to 20% for April to tackle airline’s finances
Business

Coronavirus Outbreak: AirAsia India cuts staff salaries by up to 20% for April to tackle airline’s finances

AirAsia India has cut the April salary of its staff by up to 20 percent to tackle the airline’s finances amid the suspension of all commercial services till 3 May due to the lockdown, a source has said

Coronavirus Outbreak: Vistara announces compulsory leave without pay for up to 3 days for senior employees
Business

Coronavirus Outbreak: Vistara announces compulsory leave without pay for up to 3 days for senior employees

Vistara chief Leslie Thng on Wednesday announced that senior employees will be going on compulsory leave without pay for up to three days between 15 and 30 April as a measure to further conserve the airline's cash flow amid lockdown to combat the COVID-19 threat

Airline, oil marketing stocks fall as crude prices surge; SpiceJet down 4.9%, IndiGo 4.7%
Business

Airline, oil marketing stocks fall as crude prices surge; SpiceJet down 4.9%, IndiGo 4.7%

Airline and oil marketing stocks on Monday fell as crude oil prices surged after OPEC and its allies agreed to cut down on crude production

Coronavirus Outbreak: IndiGo to suspend meal service for some time, will fill only 50% seats in airport buses post-lockdown
Business

Coronavirus Outbreak: IndiGo to suspend meal service for some time, will fill only 50% seats in airport buses post-lockdown

Once the coronavirus lockdown is over in India and commercial passenger flights are permitted again, IndiGo will deep clean its aircraft more frequently, stop in-flight meal service for a brief period and will fill the maximum 50 percent seats in airport buses, airline's CEO Ronojoy Dutta said on Friday

Coronavirus Outbreak: Govt may further extend 30 April deadline to bid for Air India stake sale
Business

Coronavirus Outbreak: Govt may further extend 30 April deadline to bid for Air India stake sale

The government is likely to extend the 30 April deadline to bid for Air India as the COVID-19 fallout has disrupted economic activities globally, an official has said

Air India sale: DPIIT notifies decision to permit NRIs to own up to 100% stake in cash-strapped national carrier
Business

Air India sale: DPIIT notifies decision to permit NRIs to own up to 100% stake in cash-strapped national carrier

The Department for Promotion of Industry and Internal Trade (DPIIT) has notified a decision of the union cabinet to allow non-resident Indians (NRIs) to control up to 100 percent stake in disinvestment-bound Air India