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  • Domestic air traffic to decline by 41-46% in FY21 due to COVID impact: ICRA Jul 03, 2020 05:15 PM IST

    Domestic air traffic to decline by 41-46% in FY21 due to COVID impact: ICRA

    The domestic passenger flight services restarted from May 25 after a two months hiatus due to the lockdown in the wake of coronavirus pandemic.

  • India extends ban on international flights till July 31 Jul 03, 2020 03:35 PM IST

    India extends ban on international flights till July 31

    Aviation regulator DGCA said some International flights may, however, be allowed on select routes

  • Coronavirus impact | Vistara announces 5-20% pay cut for 40% employees till December Jun 30, 2020 04:45 PM IST

    Coronavirus impact | Vistara announces 5-20% pay cut for 40% employees till December

    The full-service carrier has more than 4,000 employees on its payroll.

  • India-China air traffic mirrors trade — heavily skewed in Beijing's favour Jun 22, 2020 02:18 PM IST

    India-China air traffic mirrors trade — heavily skewed in Beijing's favour

    While all efforts are being made to contain the current conflict, there remains a possibility of things going out of control – either militarily and economically or just on the economic front. Either way, if the aviation industry is hit, there won’t be much impact on Indian carriers.

  • Vistara in talks with Boeing to defer deliveries of Dreamliner planes Jun 17, 2020 08:30 PM IST

    Vistara in talks with Boeing to defer deliveries of Dreamliner planes

    Vistara has also preponed the returning of leased planes of erstwhile Jet Airways from the earlier schedule of phasing them out by 2022-23, the source said, adding that airlines globally reworking and strategising their business plans, including fleet and network plans.

  • Etihad Airways now gives you 50% of your flight ticket cost back as travel voucher Jun 10, 2020 09:55 PM IST

    Etihad Airways now gives you 50% of your flight ticket cost back as travel voucher

    Air travel across the world has drastically reduced amid the coronavirus pandemic and airlines have been taking various measures to improve cash flow.

  • Coronavirus pandemic | France announces $16.9 billion in aid to aviation industry Jun 09, 2020 05:00 PM IST

    Coronavirus pandemic | France announces $16.9 billion in aid to aviation industry

    In exchange for aid, companies will be required to invest more and faster in electric, hydrogen or other lower-emission aircraft, as France aims to make its aviation industry the “cleanest in the world.”

  • Lufthansa offers to fly empty planes to India and carry passengers on outbound flights only Jun 09, 2020 03:55 PM IST

    Lufthansa offers to fly empty planes to India and carry passengers on outbound flights only

    There is a pent up demand for outbound international travel to some countries, especially among non-resident Indians (NRIs) who are in a hurry to go back either for personal or professional reasons, according to aviation industry experts.

  • Coronavirus impact: Bombardier to cut 2,500 aviation jobs as COVID-19 hurts sales Jun 05, 2020 04:00 PM IST

    Coronavirus impact: Bombardier to cut 2,500 aviation jobs as COVID-19 hurts sales

    "Now with business jet deliveries, industry-wide, forecasted to be down approximately 30 percent year-over-year due to the pandemic, Bombardier must adjust its operations and workforce to ensure that it emerges from the current crisis on solid footing," the company said in a statement.

  • Global air passenger traffic plunges 94.3% in April: IATA Jun 03, 2020 09:12 PM IST

    Global air passenger traffic plunges 94.3% in April: IATA

    "This is a rate of decline never seen in the history of IATA's traffic series, which dates back to 1990," said a press release by the organisation that has around 300 airlines as its members.

  • Air passenger traffic may decline 45-50% in FY21: ICRA Jun 03, 2020 08:20 PM IST

    Air passenger traffic may decline 45-50% in FY21: ICRA

    It also said the aviation infrastructure industry is amongst the most severely impacted by the COVID-19 crisis and the setback is expected to be substantial in the near term.

  • Coronavirus impact: AirAsia India cuts pilots' salary by 40% for May, June Jun 02, 2020 08:00 PM IST

    Coronavirus impact: AirAsia India cuts pilots' salary by 40% for May, June

    The senior management at AirAsia India had taken a pay cut of 20 percent in April, while the wages of executives falling in other categories were reduced between 7-17 percent.

  • Indian carriers in 'survival' mode, need sustainable revival: IATA CEO Alexandre de Juniac May 29, 2020 10:45 PM IST

    Indian carriers in 'survival' mode, need sustainable revival: IATA CEO Alexandre de Juniac

    Speaking at a webinar hosted by the aviation consultancy Centre for Asia Pacific Aviation (CAPA), de Juniac also forecast the air travel demand in India to drop by 47 percent and revenue by $11 billion this year over 2019 owing to the coronavirus pandemic.

  • Air India employee unions seek Rs 50,000 crore financial package for the flag carrier May 28, 2020 04:30 PM IST

    Air India employee unions seek Rs 50,000 crore financial package for the flag carrier

    In a letter to Prime Minister Narendra Modi, the Joint Forum said that Air India is a "necessity" for the country, especially in times of crises, and a financial package will not only help the flag carrier but also the entire aviation sector and the economy.

  • Air India unions threaten may not extend support to 'normal operations' and FDTL norms May 23, 2020 09:25 PM IST

    Air India unions threaten may not extend support to 'normal operations' and FDTL norms

    The two unions IPG and ICPA, which represent the pilots operating Boeing and Airbus aircraft of the airline, in a joint letter to the personnel department, also sought to know the outcome of the various cost-cutting measures which the carrier initiated in March to deal with its precarious finances in the wake of the coronavirus pandemic.

  • Resumption of flight services a positive, but the sky looks hazy for airline stocks May 23, 2020 06:36 PM IST

    Resumption of flight services a positive, but the sky looks hazy for airline stocks

    Brokerage firm Centrum Broking believes that one-third of scheduled capacity is a reasonable starting point for the sector given that demand is likely to remain low.

  • GoAir to resume domestic operations from June 1 May 22, 2020 10:25 PM IST

    GoAir to resume domestic operations from June 1

    Minister of State for Civil Aviation Hardeep Singh Puri had on Wednesday announced, through Twitter, that commercial passenger services on domestic routes will be allowed to operate from May 25 under a comprehensive Standard Operating Procedure (SOP), covering all stakeholders.

  • Jet Airways: Insolvency resolution process deadline extended till August 21 May 22, 2020 09:33 PM IST

    Jet Airways: Insolvency resolution process deadline extended till August 21

    According to a regulatory filing, 69 days of lockdown period from March 24 to May 31 would be excluded for computing the CIRP deadline.

  • BIG STORY | Private airlines to be part of the Vande Bharat Mission soon May 20, 2020 05:15 PM IST

    BIG STORY | Private airlines to be part of the Vande Bharat Mission soon

    At present, Air India and subsidiary Air India Express hold a monopoly on the mission

  • Jet Airways lenders likely to invite fresh bids, say sources May 12, 2020 11:00 PM IST

    Jet Airways lenders likely to invite fresh bids, say sources

    "The committee of creditors has given its approval to the resolution professional (RP) to float a fresh EoI for stake sale in the grounded Jet Airways. The RP is likely to issue the bid document on Wednesday," a source privy to information told PTI.

  • After flip-flops, IndiGo clarifies pay cut for senior employees will be for entire 2020-21 May 09, 2020 07:39 PM IST

    After flip-flops, IndiGo clarifies pay cut for senior employees will be for entire 2020-21

    The country's largest domestic airlines 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.

  • Domestic aviation industry to crash-land this fiscal with Rs 24,000-25,000 crore revenue loss: CRISIL May 07, 2020 03:15 PM IST

    Domestic aviation industry to crash-land this fiscal with Rs 24,000-25,000 crore revenue loss: CRISIL

    Airlines will be the worst-affected segment, contributing more than 70 percent to the losses (around Rs 17,000 crore), said Jagannarayan Padmanabhan, Director and Practice Leader, Transport and Logistics, CRISIL Infrastructure Advisory, during a webinar.

  • Air India opens bookings for foreigners, visa holders on outbound repatriation flights May 07, 2020 02:10 PM IST

    Air India opens bookings for foreigners, visa holders on outbound repatriation flights

    Foreign nationals or valid visa holders will be charged the same fare as Indian nationals who want a seat on the inbound repatriation flights, they said.

  • Air India's repatriation flights postponed as crew members' COVID-19 tests get delayed May 06, 2020 10:50 PM IST

    Air India's repatriation flights postponed as crew members' COVID-19 tests get delayed

    The ‘Vande Bharat' mission plans to bring stranded Indians from abroad amid the coronavirus-induced lockdown.

  • Coronavirus impact: SpiceJet to pay part salaries to over 92% employees in April Apr 30, 2020 02:55 PM IST

    Coronavirus impact: SpiceJet to pay part salaries to over 92% employees in April

    The airline had told its pilots on Wednesday that they will not be paid salaries for April and May, adding that those who have been operating cargo flights will get paid for the number of hours flown.

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