Page 1831 - Economy & Policy News

Covid-19 fallout: Airbus, Boeing results show turbulent times for aviation

Given the nationwide lockdown and weak travel sentiment, global aviation consultancy CAPA revised downwards estimates for India's air traffic for the for FY21 from 80 to 90 million to 55-70 million

Covid-19: Govt proposes to make Aarogya Setu app mandatory for air travel

Passengers who have a green code in the app will be allowed to enter airport terminal

Covid-19 crisis: Airlines say flights between green zones unviable

Want services to resume only after at least three major airports in the country become functional

Aarogya Setu must, cabin baggage barred: rules ready for resuming flights

The civil aviation ministry has come out with a draft Standard Operating Procedure (SOP) for restarting commercial air passenger services in the country

IndiGo, SpiceJet surge up to 5% on report of resumption of domestic flights

The move to allow flights comes after the government permitted resumption of passenger train services from May 12. Both rail and flight services have been suspended in India since March 25

Domestic aviation sector will need extra Rs 35,000 cr between FY21-23: ICRA

In the forecast, Icra has included an aggregate of all the five private sector players -- IndiGo, SpiceJet, GoAir, Vistara and AirAsia India -- to make the balance sheet

From web check-in to Aarogya Setu app, AAI outlines steps for passengers

The Ministry of Civil Aviation had earlier issued a draft of the standard operating procedure to all aviation stakeholders

Govt revives flexible use of airspace policy, move to help airlines

Sitharaman said only 60 per cent of Indian airspace is freely available and restrictions will be eased so that civilian flying becomes more efficient

Domestic flights resume Monday, passengers to get coronavirus guidelines

Coronavirus has had a significant impact on international aviation due to the stringent border controls and travel bans to contain the virus infection.

Centre reverses stance, allows domestic flights to resume on May 25

Aviation minister's tweet caught airlines and airports off guard as they were preparing for a resumption from June 1

DGCA calls meet with airlines today for resumption of domestic operations

he meeting will be held at the headquarters of the DGCA and in order to maintain social distancing guidelines, two persons from each airline are only allowed in the meeting

Aviation stocks gain up to 10% as domestic flight ops to resume from May 25

InterGlobe Aviation, which operates its flights under the IndiGo brand, rallied 10% to Rs 1,002, while SpiceJet was locked in the upper circuit of 5% at Rs 42.95 on the BSE.

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.

AAI releases guidelines for resuming flights; Aarogya Setu app mandatory

Civil Aviation Minister had announced on Wednesday that domestic flight services would resume from May 25 onwards in a calibrated manner

Qatar Airways to lay off staff as Covid-19 grounds global aviation industry

The Doha-based carrier offered no figures for the number of employees who will be laid off.

Covid-19 lockdown to cause Rs 25,000 cr loss in revenue to aviation: Crisil

Its estimates indicate that the aviation industry will crash-land this fiscal year with a revenue loss of Rs 24,000 crore to 25,000 crore.

Aviation sector stares at Rs 25,000 cr revenue loss due to lockdown: Report

The losses would reverse the trend growth of 11% per annum the industry has logged over the past ten years, making it one of the most adversely affected sectors of the economy

Domestic aviation industry to incur over Rs 24,000 cr loss in FY21: Report

This would reverse the growth trend of around 11 per cent per annum, which the industry has logged over the past ten years, making it one of the most adversely-affected sectors of the economy

FM announces easing of restrictions on utilisation of Indian airspace

Announcing the fourth tranche of economic stimulus, she said only 60 per cent of Indian airspace is freely available

India needs to open up market to attract investment: US diplomat

Opportunity for India by adopting more open and welcoming policies by reducing tariffs that allow manufacturing companies inside India to be part of the global supply chain, says Alice Wells