Page 15 - Airline Industry

Air India pilots gets stern warning over license renewal, AEP delays

Air India has recently issued a stern warning to its pilots regarding the renewal of their licenses and Airport Entry Passes (AEP).

Go First decides to cancel flights for three days starting Wednesday

Cash-strapped airline Go First has decided to cancel all its flights for three days starting from Wednesday, extending the suspension of operations by one more day, according to a communication. The airline, which has filed for voluntary insolvency resolution proceedings, earlier in the day said flights will be suspended for two days -- May 3 and 4. It operates around 180-185 flights daily. Amid uncertainties over its future course, Go First said it would provide a full refund of tickets. "We regret to inform that due to operational reasons, Go First flights scheduled for 3rd, 4th and 5th May 2023 have been cancelled. We apologise for the inconvenience caused by the flight cancellations," the airline said in a notice on its website. "We acknowledge the flight cancellations might have disrupted your travel plans and we are committed to providing all the assistance we can. We thank you for your patience," it said. Earlier in the day, Go First CEO Kaushik Khona said flights will be .

Civil aviation ministry tracking Go First developments closely: Official

The civil aviation ministry is keeping a close watch on the developments at crisis-hit Go First and the proceedings that are expected at the National Company Law Tribunal (NCLT) this week, a senior official has said. Faced with a severe financial crunch as more than half of its fleet is grounded due to the non-availability of Pratt & Whitney engines, Go First on Tuesday filed for voluntary insolvency resolution proceedings before the NCLT and has also decided to cancel all flights for May 3 and 4. Against this backdrop, the senior government official said the ministry is keeping a close watch on the developments related to Go First, including the admission of the airline's application by the NCLT. The country's civil aviation sector is strong and growing but the external issue of global supply chain disruptions is a primary reason for the Go First situation, the official added. Domestic air traffic touched an "all-time high" of 4,56,082 passengers in a single day on April 30. Go .

Here are the challenges facing incoming Qantas CEO Vanessa Hudson

The 28-year company veteran replaces Alan Joyce, who will step down in November after 15 years in the role - one of the global aviation industry's longest tenures

Changes in contract within boundaries of law: Air India management

Airline is framing policies for all employees which wasn't the case earlier and that requires superseding of previous policies, said airline's chief human resources officer Suresh Dutt Tripathi

Alaska Air Group posts bigger-than-expected loss as costs mount

Shares of Alaska Air fell 1.49% in premarket trading on Thursday after the company forecast second-quarter CASM, excluding fuel, to rise between 1% and 3%

Alliance Air pilots on strike for second day, 70% served notices

Alliance Air flash strike continues on second day

SpiceJet had worst on-time performance in March; Akasa was best: Govt data

AirAsia India and Air India had the -lowest and third-lowest OTPs among 7 major carriers

CAPA summit 2023: Air India pushes for data exchange in aviation sector

In the last 14 months, the airline has taken various measures to bring grounded aircraft back to service, refurbish aircraft interiors, and improve on-time performance

Pvt aviation soaring, JetSetGo to raise $50 mn to expand fleet: CEO

Compared to FY22, the number of business jet movements in India rose by 29.2 per cent to 306,388 in FY23, with each arrival or departure of a business jet being counted as a single "movement."

Domestic flights seen at 22,907 a week this summer, up 4.4% from winters

Carriers will fly from 110 airports including new ones such as Jeypore, CoochBehar, Hollongi, Jamshedpur, Pakyong and Mopa (Goa)

As air traffic surges, Indian carriers grapple with grounded planes

If all 102 grounded planes could fly, there will theoretically be 400 more Delhi-Mumbai flights every day

UK's CAA told Heathrow to cut fees it charges airlines over 2024-26

Heathrow charges would fall to about 25.43 pounds per passenger in nominal terms over the 2024-2026 period

Domestic air passenger traffic nearly doubled in January, shows data

IndiGo had a market share of 54.6 per cent, while Air India took the second spot with 9.2% share beating Vistara

Passengers to get full refund when downgraded from higher cabin: DGCA

Regulator's rules do not say what compensation an airline needs to give to a passenger affected by ticket downgrade

Aloke Singh to head Air India's low-cost airlines January 1

The new appointments are part of an organisational revamp announced today by Air India

Air India pilot refuses to fly dog; Here are the rules for flying pets

He said that the airline staff told him that the commander of the flight was not okay with the pet being on board and refused permission

Global airline industry set to post $6.9 billion loss in 2022: IATA

The global airline industry is projected to report a lower loss at USD 6.9 billion in 2022, mainly due to stronger passenger yields and cost control by carriers amid rising fuel prices, according to industry body IATA. In June, the International Air Transport Association (IATA) projected the industry loss at USD 9.7 billion. In October 2021, it forecast a loss of USD 11.6 billion for this year. On Tuesday, IATA said the global airline industry is expected to return to profitability in 2023 and post a small net profit of USD 4.7 billion. After being significantly impacted by the coronavirus pandemic, the airline industry is on the recovery path. In 2022, airline net loss is expected to be USD 6.9 billion. This is significantly better than loss of USD 42 billion and USD 137.7 billion in 2021 and 2020, respectively, it said. "We are on the right path... but still a long way to go," IATA Director General Willie Walsh said at a briefing here on Tuesday. For 2022, IATA said the improve

IndiGo Chief Strategy and Revenue Officer Sanjay Kumar puts in papers

Leaves after three years of service in second stint; Vinay Malhotra, head of IndiGo's Global Sales, will take over from him

Why merging Brand Vistara with Air India makes sense: Experts explains

With a single airline brand, Tatas aim for quick business turnaround