Aviation

Showing of 21 - 40 from 1419 results
Aviation - Total results - 1419
Coronavirus Lockdown: Govt cap fares of Mumbai-Delhi route at Rs 3,000-10,000; comes out with guidelines for domestic air travel
Business

Coronavirus Lockdown: Govt cap fares of Mumbai-Delhi route at Rs 3,000-10,000; comes out with guidelines for domestic air travel

About a third of operations will be allowed under strict norms when domestic flight services restart on Monday after a two-month hiatus and all the airlines will have to adhere to the upper and lower limits of fares prescribed by the government, the Civil Aviation Ministry said on Thursday

Aviation stocks rally up to 10% after govt announces domestic passenger flights to resume from Monday
Business

Aviation stocks rally up to 10% after govt announces domestic passenger flights to resume from Monday

Aviation stocks on Thursday rallied up to 10 percent in opening trade after the government announced that domestic passenger flight services will resume from 25 May in a calibrated manner

Coronavirus Outbreak Updates: Rajasthan reports highest single-day spike in cases as 242 more test positive; case count climbs to 5,202, toll touches 131
India

Coronavirus Outbreak Updates: Rajasthan reports highest single-day spike in cases as 242 more test positive; case count climbs to 5,202, toll touches 131

Coronavirus Outbreak Updates: Rajasthan on Sunday recorded the highest single day spike of 242 new cases and five more fatalities, officials said. The number of cases in the state stands at 5,202 and fatalities at 131.

Coronavirus Outbreak Updates: Uttar Pradesh reports nine deaths, taking toll to 104; 203 more test positive, total rises to 4,258
India

Coronavirus Outbreak Updates: Uttar Pradesh reports nine deaths, taking toll to 104; 203 more test positive, total rises to 4,258

Coronavirus Outbreak Updates: As many as 203 fresh cases have been reported in Uttar Pradesh in the past 24 hours taking the total tally to 4,258, reports News18.The new cases have been reported in Merrut, Rampur and Saharanpur districts.

Military experts welcome reform measures in defence sector, say proper implementation will help cut India's ballooning import bill on weapons
India

Military experts welcome reform measures in defence sector, say proper implementation will help cut India's ballooning import bill on weapons

Finance minister Nirmala Sitharaman announced a series of initiatives to promote indigenous defence production which included making separate budgetary outlay to procure Indian-made military hardware, increasing FDI limit to 74% under the automatic route and generating a year-wise negative list of weapons whose import won't be allowed

Nirmala Sitharaman on Economic Package: Centre hikes FDI in defence, allows commercial mining of coal, opens space sector for private players in 4th tranche; key takeaways
Business

Nirmala Sitharaman on Economic Package: Centre hikes FDI in defence, allows commercial mining of coal, opens space sector for private players in 4th tranche; key takeaways

Finance Minister Nirmala Sitharaman Saturday announced a slew of reforms in eight sectors such as allowing commercial mining of coal, raising FDI limit in defence prodcution, privatisation of power discoms in the UTs to opening up more air space of civil aviation, and the space sector among others as part of Centre's Rs 20-lakh-crore stimulus package to kick-start the economy

Jet Airways-KLM deal for Dutch business fails to take off; regulatory clearance approval declined
Business

Jet Airways-KLM deal for Dutch business fails to take off; regulatory clearance approval declined

Jet Airways was grounded in March last year after it ran out of cash for operations.

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

After flip-flops, IndiGo Airlines clarifies pay cut up to 25% for senior employees will be for entire 2020-21
Business

After flip-flops, IndiGo Airlines clarifies pay cut up to 25% for senior employees will be for entire 2020-21

IndiGo Airline had on Friday announced pay cut ranging between 5 and 25 percent, in addition to its leave-without-pay programme for May, June and July, for senior employees

Coronavirus Outbreak: Air India unions challenge airline's decision to slash allowances by 10% in Mumbai High Court
Business

Coronavirus Outbreak: Air India unions challenge airline's decision to slash allowances by 10% in Mumbai High Court

Air India employee unions have moved the Bombay High Court against the airline's decision to slash allowances, which form a major part of the salary, by ten percent because of the impact of the coronavirus pandemic

Coronavirus Lockdown: Air India pilot unions urge govt to provide financial support to clear wage backlog
Business

Coronavirus Lockdown: Air India pilot unions urge govt to provide financial support to clear wage backlog

Air India's pilot unions IPG and ICPA has urged Civil Aviation Minister Hardeep Singh Puri to "urgently" provide financial support to the national carrier amid private airlines' cry for a bailout package in the wake of the COVID-19 outbreak

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

Air India divestment process looks very uncertain due to COVID-19 crisis, says CRISIL
Business

Air India divestment process looks very uncertain due to COVID-19 crisis, says CRISIL

The disinvestment process for national carrier Air India looks "very uncertain" in the wake of the coronavirus pandemic that has impacted the aviation sector the most globally, according to rating agency CRISIL

Coronavirus Outbreak: Domestic aviation industry to crash-land this fiscal with Rs 24,000-25,000 cr revenue loss, says CRISIL
Business

Coronavirus Outbreak: Domestic aviation industry to crash-land this fiscal with Rs 24,000-25,000 cr revenue loss, says CRISIL

The domestic aviation industry, which has been severely hit by the coronavirus outbreak and the subsequent lockdown, is expected to crash-land this fiscal with a massive revenue loss of Rs 24,000-25,000 crore, a Crisil report said on Thursday

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

Coronavirus Outbreak: SBI says difficult to take medium, long-term impact on banking sector during lockdown
Business

Coronavirus Outbreak: SBI says difficult to take medium, long-term impact on banking sector during lockdown

The SBI official also said the Indian Banks Association (IBA) is also evaluating measures, which can be taken by the banks in this situation

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"

Coronavirus crisis: British Airways set to slash as many as 12,000 jobs; Q1 losses widen
Business

Coronavirus crisis: British Airways set to slash as many as 12,000 jobs; Q1 losses widen

British Airways has 45,000 employees, including 16,500 cabin crew and 3,900 pilots, according to its website.

Coronavirus Outbreak: Airports ground handling industry seeks stimulus to mitigate COVID-19 impact
Business

Coronavirus Outbreak: Airports ground handling industry seeks stimulus to mitigate COVID-19 impact

Struggling in the face of the coronavirus outbreak, the domestic ground handling industry has sought stimulus package, including a moratorium on interest on borrowings, waivers on certain fixed costs and deferment of statutory taxes