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Aneesh Phadnis

Aneesh Phadnis

Page 40 - Aneesh Phadnis/workspace/business Standard Web/video

Covid-19 lockdown: Airlines go for cuts again as grounding may extend

With indications of a longer period of air transport grounding, many airlines are looking at further cuts in employee salary.

Covid-19 lockdown: Airlines go for cuts again as grounding may extend
Updated On : 21 May 2020 | 11:17 AM IST

Airlines seek 6 month lease rent deferral, rates reduction to cut costs

Aircraft lease rentals account for around 15 per cent of an airline's overall expense and since these are paid in dollars are also subject to currency fluctuation.

Airlines seek 6 month lease rent deferral, rates reduction to cut costs
Updated On : 22 Apr 2020 | 11:34 AM IST

Mumbai ramps up testing to three-fold to 4,000 samples a day

Starts door-to-door screening in Worli and Dharavi; 81% tested in Maharashtra are asymptomatic; BMC awaits rapid antibody test kits; isolation centres, Covid-19 beds being added rapidly

Mumbai ramps up testing to three-fold to 4,000 samples a day
Updated On : 21 Apr 2020 | 2:08 AM IST

Experts, passenger associations want airlines to stop advance bookings

All airlines except Air India were accepting bookings for domestic flights beyond April 14 but now those would be cancelled as government extended the lockdown.

Experts, passenger associations want airlines to stop advance bookings
Updated On : 15 Apr 2020 | 2:11 AM IST

Singapore Airlines offers full refund, bonus credit for cancelled flights

The enhanced options are available to affected customers who bought tickets on or before March 15 for travel from January 24 to May 31

Singapore Airlines offers full refund, bonus credit for cancelled flights
Updated On : 10 Apr 2020 | 2:20 AM IST

40-60% drop in air passenger traffic likely in FY21 amid Covid-19 crisis

Private joint venture airports (seven of them), including Mumbai, Delhi, Bengaluru, and Hyderabad accounted for over 54 per cent of the 349 million passengers in CY19.

40-60% drop in air passenger traffic likely in FY21 amid Covid-19 crisis
Updated On : 09 Apr 2020 | 1:53 AM IST

Travel firms get battle-ready for post-Covid scenario even as unknowns loom

Many are doing online product and sales workshops to enable staff to adapt to changed business scenario, even though there is little clarity on when travel curbs will be lifted

Travel firms get battle-ready for post-Covid scenario even as unknowns loom
Updated On : 08 Apr 2020 | 12:38 AM IST

Govt seeks ticket refund details from airlines as travel agents complain

Several airlines have suspended refund facility to travel agents while making weekly payments of sales.

Govt seeks ticket refund details from airlines as travel agents complain
Updated On : 07 Apr 2020 | 7:32 PM IST

Vistara Airlines announces leave without pay, defers annual increment

Air India, GoAir and IndiGo have already announced salary cuts to tide over cash crunch caused by suspension of operations

Vistara Airlines announces leave without pay, defers annual increment
Updated On : 28 Mar 2020 | 9:05 AM IST

Covid-19: IndiGo crew stuck as govt withholds permission for ferry flights

Around 50 pilots and cabin crew of the airline couldn't return before lockdown was announced

Covid-19: IndiGo crew stuck as govt withholds permission for ferry flights
Updated On : 26 Mar 2020 | 10:04 PM IST

Covid-19: GoAir is third airline to cut salaries, all staff to take hit

Extent of March pay cut not known, lowest pay grades will suffer least; domestic airlines have sought urgent funding from govt to pay 50% staff salaries for next three months

Covid-19: GoAir is third airline to cut salaries, all staff to take hit
Updated On : 25 Mar 2020 | 1:15 PM IST

How joy of over 100 Indians in Amsterdam turned to horror over flight ban

Stranded passengers petitioned external affairs ministry for help and allow them to return to India

How joy of over 100 Indians in Amsterdam turned to horror over flight ban
Updated On : 21 Mar 2020 | 11:45 PM IST

Maharashtra in partial lock down; shops & offices in Mumbai, Pune shut

\All government offices will function with 25 per cent attendance and local trains and buses will continue to operate as usual in Mumbai to allow for smooth functioning of essential services

Maharashtra in partial lock down; shops & offices in Mumbai, Pune shut
Updated On : 21 Mar 2020 | 9:22 AM IST

Air India to enforce 10% cut in staff allowances, renegotiate contracts

Aviation consultancy CAPA estimates Indian airlines (except Air India) will post $500-600 million loss in first quarter

Air India to enforce 10% cut in staff allowances, renegotiate contracts
Updated On : 21 Mar 2020 | 12:45 AM IST

Govt bans international flights for a week from Sunday as virus spreads

India sees over 300 international flights each day but the numbers have been shrinking by the day because of travel bans.

Govt bans international flights for a week from Sunday as virus spreads
Updated On : 20 Mar 2020 | 2:20 AM IST

Air India crew union calls airlines' cost-saving measures illegal

Around the world, airlines are responding to COVID-19 crisis with sharp reduction in capacity, pay cuts and layoffs

Air India crew union calls airlines' cost-saving measures illegal
Updated On : 19 Mar 2020 | 2:03 AM IST

Coronavirus impact: Vistara joins GoAir to suspend international flights

CAPA projects Indian airlines to post $500-600 mn loss in Q1 FY 2021, says most airlines in the world will be bankrupt by May end

Coronavirus impact: Vistara joins GoAir to suspend international flights
Updated On : 18 Mar 2020 | 7:37 PM IST

Coronavirus outbreak: UAE to stop issuing new visas from March 17

Coronavirus shuts traffic on India's busiest international route

Coronavirus outbreak: UAE to stop issuing new visas from March 17
Updated On : 15 Mar 2020 | 1:45 AM IST

DGCA asks airlines to waive cancellation fees over Coronavirus outbreak

The aviation regulator issued the advisory as customers have been forced to cancel travel on government orders but are unable to claim a full refund from airlines because of fare rules

DGCA asks airlines to waive cancellation fees over Coronavirus outbreak
Updated On : 14 Mar 2020 | 12:20 AM IST

Coronavirus fear: Airlines, travel firms grapple with cancellation requests

Those with reservations face potentially steep losses for cancelling; those contemplating trips must weigh the risk of getting sick or being quarantined

Coronavirus fear: Airlines, travel firms grapple with cancellation requests
Updated On : 12 Mar 2020 | 10:58 PM IST