Page 17 - Airline Industry

Jhunjhunwala-backed Akasa Air to have airline code 'QP'; ops to begin July

Akasa Air, which is planning to start its commercial flight operations in July, on Tuesday said its airline code will be "QP". Every airline in the world has a designator code. For example, IndiGo's code is "6E", Go First's is "G8" and Air India's is "AI". Akasa Air said on Twitter, "Quite Proud to announce our airline code - QP!" The airline, which is backed by ace investor Rakesh Jhunjhunwala and aviation veterans Vinay Dube and Aditya Ghosh, received the no-objection certificate (NOC) from the Ministry of Civil Aviation in August 2021 to launch commercial flight operations. With the Directorate General of Civil Aviation giving the green light to Boeing 737 Max aircraft in late August last year, Akasa Air signed a deal with Boeing on November 26, 2021 to purchase 72 Max planes.

Faulty handling of passenger by IndiGo ground staff, says DGCA probe

Tighter norms likely for carriage of persons with disability

New Jet Set: How Covid-driven boom in private jets is still flying high

Business jets were often associated with entertainers, top executives. They now account for a quarter of US flights, roughly twice the pre-pandemic share, according to research and consultancy WINGX

Delta Air Lines loses $940 million in Q1, but bookings, revenue, surge

US reported that inflation in the past year rose at its fastest pace in more than four decades, led by soaring fuel costs, which is the second largest input costs for airlines after labour

Domestic airline industry calls for rationalisation of ATF taxes

India's domestic airlines have called for rationalisation of taxes on jet fuel to counter the massive rise in fuel prices.

Airlines may go for another round of fare hikes as crude prices bite

The govt has set minimum and maximum fares for domestic flights and these are applicable upto a fortnight. For booking beyond 15 days airlines are free to set their own fares.

Go First will evaluate operating flights to Ukraine, says airline official

Budget carrier Go First will evaluate the option of operating chartered passenger flights to Ukraine if there is a proposal from the government, a senior airline official said on Thursday.

Govt orders airlines, ground handlers to use energy efficient equipment

While the companies have welcomed the ministry's green initiative, they said that the deadline of May 2022 for implementation is tight

Some airlines risk failure if they do not cut emissions faster

Several companies, such as HSBC Holdings plc, Zurich Insurance Group Ltd, Bain & Company and S&P Global Inc, have already announced plans to quickly cut business travel emissions by as much as 70%.

Jhunjhunwala-backed Akasa hires former IndiGo executive Ankur Goel as CFO

The airline is reportedly in final negotiations with aircraft manufacturer Boeing for an order of up to 100 737 Max jets

Delta Air Lines will make unvaccinated employees pay charge

Delta Air Lines will charge employees on the company health plan $200 a month if they fail to get vaccinated against Covid-19

HC grants SpiceJet relief against recovery proceedings by GST authorities

GST authorities had asked SpiceJet to pay tax liabilities of Rs 80.6 crore and furnish details of properties.

Airline industry statistics confirm 2020 was worst year on record

A total of 1.8 billion passengers flew in 2020, a decrease of 60.2 per cent compared to the 4.5 billion who flew in 2019

Top headlines: Amazon goes to SC against Future, India and China cool off

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Air India pilot unions warn of 'industrial action' over salary cuts

Disinvestment-bound Air India's pilot unions have rejected the five per cent rollback in their salary cuts

First flight from Noida airport likely by Dec 2023 or Jan 2024: Top exec

Work on the upcoming Noida International Airport is progressing as scheduled, a top government executive said

6.35 mn domestic air passengers in Nov, 51% lower than last year: DGCA

The occupancy rate or load factor of six major Indian airlines was between 66.3 and 77.7 per cent

Tata Sons likely to submit bid for Air India before Monday deadline: Report

A successful bidder would win control of Air India's 4,400 domestic and 1,800 international landing and parking slots at domestic airports, as well as 900 slots at airports overseas

Air India gets reprieve in UK court over aircraft lease payments

The Indian state-owned carrier has been seeking a buyer for some time now as the government wants to divest its 100 per cent stake in Air India

Asian nations could mandate Covid-19 shots for travellers: AirAsia chief

Aviation industry opposition to requiring mandatory COVID-19 vaccination for passengers has intensified as impending drug approvals trigger a debate over their role in air travel.