Aviation Industry

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Aviation Industry - Total results - 41
Chidambaram slams Centre over state of economy, says telecom and aviation sectors on 'verge of collapse'
India

Chidambaram slams Centre over state of economy, says telecom and aviation sectors on 'verge of collapse'

The former finance minister's remark comes a day after telecom company Bharti Airtel posted a net loss of Rs 15,933 cr in the first quarter of FY 2020-21

Boeing says will need to borrow more money on coronavirus fallout; trying to get back 737 MAX jets into service
Business

Boeing says will need to borrow more money on coronavirus fallout; trying to get back 737 MAX jets into service

Boeing is trying to bring its 737 MAX jet back into service after two fatal crashes, even as the aviation industry slumps because of the coronavirus, which has dried up demand for passenger air travel.

Airlines expected to outlive COVID-19 pandemic scare with resized business; govt support vital to see through turbulence
Business

Airlines expected to outlive COVID-19 pandemic scare with resized business; govt support vital to see through turbulence

Globally, airlines have focused on becoming bigger to ensure their customers don’t have to look elsewhere for their travel needs.

Fighting coronavirus: Airlines ask crew to avoid meat, shaking hands; airports install thermal cameras
Business

Fighting coronavirus: Airlines ask crew to avoid meat, shaking hands; airports install thermal cameras

Even as airlines around the world depend on the hardest disinfectants to clean their flights of any sign of the coronavirus or COVID-19, the aviation industry in India too has geared up to limit the damage from the epidemic

AirAsia CEO Tony Fernandes and chairman step aside as Airbus bribery allegations probed; airline shares drop
Business

AirAsia CEO Tony Fernandes and chairman step aside as Airbus bribery allegations probed; airline shares drop

Tony Fernandes, one of the aviation industry’s best known executives, and Kamarudin will remain advisers, however, “in view of the current difficult economic circumstances facing the airline industry”, the company added

After challenging year for aviation, improvement expected for 2020; global airline industry to produce net profit of $29.3 bn: IATA
Business

After challenging year for aviation, improvement expected for 2020; global airline industry to produce net profit of $29.3 bn: IATA

The highlights of the expected 2020 performance of the world airline industry include the return on the invested capital forecast to be 6 percent as compared to 5.7% expected in 2019.

Jet Airways failure a 'wake up call' for aviation industry; part of blame at doorstep of policymakers: SpiceJet chief Ajay Singh
Business

Jet Airways failure a 'wake up call' for aviation industry; part of blame at doorstep of policymakers: SpiceJet chief Ajay Singh

Low-cost carrier SpiceJet is expanding its operations and is set to take on lease 30 planes that were flown by Jet Airways

IndiGo sees significant flight disruptions, cancels 32 planes on Monday; says Thursday's hailstorm upsets operations
Business

IndiGo sees significant flight disruptions, cancels 32 planes on Monday; says Thursday's hailstorm upsets operations

In a statement, IndiGo said that due to a severe hailstorm in North India on 7 February, 11 IndiGo flights were diverted and that disrupted operations across its network the following day.

Airline stocks fly high, gain up to over 7% after government cuts excise duty on jet fuel
Business

Airline stocks fly high, gain up to over 7% after government cuts excise duty on jet fuel

Shares of InterGlobe Aviation (IndiGo) zoomed 7.44 percent, Jet Airways soared 4.70 percent and SpiceJet 4.69 percent on BSE.

Relief to aviation industry: Government cuts excise duty on jet fuel to 11% from today
Business

Relief to aviation industry: Government cuts excise duty on jet fuel to 11% from today

The aviation industry has been seeking lower taxes to help offset the impact of high oil prices.

Optimistic about aviation industry despite rising fuel prices, higher tax regime: Jet Airways boss Naresh Goyal
Business

Optimistic about aviation industry despite rising fuel prices, higher tax regime: Jet Airways boss Naresh Goyal

Jet Airways reported a consolidated loss of Rs 636.45 crore in FY18 despite around five percent increase in revenue due to increased costs.

IndiGo, GoAir cancellations: Hiking airfares at times of adversity is exploitation; govt must regulate prices
India

IndiGo, GoAir cancellations: Hiking airfares at times of adversity is exploitation; govt must regulate prices

When the nexus between an adverse event — currently the grounding of IndiGo and GoAir flights by DGCA — and the price hike of plane tickets is obvious, airlines cannot seek refuge in it being a seller’s market

IATA partners with civil aviation ministry to enhance human resource availability in India's airline industry
Business

IATA partners with civil aviation ministry to enhance human resource availability in India's airline industry

IATA said it has signed a MoU with Ministry of Civil Aviation to enhance human resource availability in India's aviation industry

UDAN scheme for cheaper flights, more regional routes power India's civil aviation sector in 2017
Business

UDAN scheme for cheaper flights, more regional routes power India's civil aviation sector in 2017

Apart from enhanced aviation services to non-metro cities, the sector has also benefited from the rise in domestic disposable income levels

German military's aviation safety chief launches new initiative against cyber threats
News & Analysis

German military's aviation safety chief launches new initiative against cyber threats

German military's aviation safety chief has launched a new initiative against cyber threat, citing research showing hackers commandeeing military airplanes.

IndiGo alleges faulty system to calculate flight punctuality as domestic airlines fight over on-time performance
Business

IndiGo alleges faulty system to calculate flight punctuality as domestic airlines fight over on-time performance

For the last few months, market leader IndiGo has seen its OTP suffer at Mumbai, prompting the airline to lodge a complaint against the way OTP data were being compiled by the Mumbai airport operator.

Emirates flight EK521 crash: Why passengers think about bags, not lives in emergency
Business

Emirates flight EK521 crash: Why passengers think about bags, not lives in emergency

That the cabin crew of this Emirates flight showed exemplary professionalism is not in doubt.

Caution for govt's regional connectivity scheme; fund crunch halts Air Pegasus' ops for 2nd day
Business

Caution for govt's regional connectivity scheme; fund crunch halts Air Pegasus' ops for 2nd day

The suspension of operations of Air Pegasus is a cautionary tale, specially since the Centre has been emphasising enhanced regional connectivity through a draft scheme

Law to take its own course: Aviation Minister Ashok Gajapathi Raju on Vijay Mallya
Politics

Law to take its own course: Aviation Minister Ashok Gajapathi Raju on Vijay Mallya

Amid a multi-agency clampdown on beleaguered businessman Vijay Mallya to recover unpaid loans and other dues, Civil Aviation Minister Ashok Gajapathi Raju on Wednesday said "law will take its own course" in this matter.