Aviation sector

Aviation sector fast reaching pre-COVID passenger levels: Pradeep Singh Kharola

The worst is over for India's civil aviation sector as passenger traffic is fast reaching pre-COVID levels.

published on : 23rd February 2021

Domestic carriers may post loss of Rs 21,000 crore this fiscal: Report

At the same time, the industry's debt level is also expected to increase to around Rs 500 crore (excluding lease liabilities) over 2021-22.

published on : 4th December 2020

Domestic aviation sees jump amid COVID-19 with 91,000 passengers flying across country on Monday

A total of 961 flights arrived today while 960 were departed across various airports, the Ministry informed.

published on : 18th August 2020

Aviation sector’s financial woes to be more visible in September-October: CAPA India

CAPA India warned that unwillingness of promoters, bankers and government to provide support to the aviation industry will impact the air connectivity.

published on : 6th August 2020

Domestic airline traffic goes up by 100 per cent; aviation sector likely to rebound by year-end

Civil aviation minister Hardeep Puri on Saturday said that currently nearly 70,000 passengers use domestic flights on daily basis.

published on : 21st June 2020

EasyJet to cut a third of workforce as pandemic hits travel

The airline said it expects to have reduced its fleet size by around 51 aircraft to approximately 302 by the end of September.

published on : 28th May 2020

Smooth take-off for aviation stocks unlikely  

The chaos and difficulty in resuming operations have dented gains made by aviation sector stocks last week.

published on : 27th May 2020

INTERVIEW | We offered to fly migrants and the offer still stands, says SpiceJet CMD Ajay Singh

Ajay Singh estimates that while domestic travel will open phase-wise in a week (May 22), international travel might take a few months or more.

published on : 16th May 2020

COVID-19 relief package: Aviation industry disappointed as no direct benefits announced

The suspension of services and disallowing airlines to make advance bookings dried up all their major sources of revenue.

published on : 16th May 2020

COVID-19 crisis likely to hit 29 lakh jobs in Indian aviation, dependent sectors: IATA

IATA said its latest estimates indicate a worsening of the country impact from the COVID-19 crisis in the Asia-Pacific region.

published on : 24th April 2020

Aviation sector to take 6-24 months to recover from COVID-19 blow: Survey

The survey also revealed that there may be increased scrutiny placed on the health and sanitary conditions of individual countries that could impact air service and passenger demand.

published on : 17th April 2020

COVID-19: Aviation Ministry likely to come up with guidelines on cancelled flight tickets' refunds

Senior officials of Ministry of Civil Aviation and CEOs of Indian airlines companies met on Wednesday afternoon on the issue of cancellation refunds during the coronavirus lockdown period.

published on : 16th April 2020

Airlines refuse to refund for cancelled tickets during extended lockdown, offer to reschedule instead

Domestic airlines have decided not to refund the customers in cash for their cancelled flights and instead offer them rescheduling of tickets for a later date without any additional fee.

published on : 14th April 2020

India's air passenger traffic records 3-5 per cent negative growth in fiscal year 2020: ICRA

The agency, on Thursday said the de-growth was largely driven by higher airfares in the wake of large scale flight cancellations following shutting down of Jet Airways.

published on : 9th April 2020

Coronavirus pandemic puts millions of aviation sector jobs at risk, recovery may take 'over a year'

Globally, the livelihoods of some 65.5 million people are dependent on the aviation industry, including sectors such as travel and tourism. Among these are 2.7 million airlines jobs. 

published on : 7th April 2020
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