Page 13 - Airline Sector
Will resumption of overseas flights revive fortunes of aviation sector?
After two years, regular international flights will resume beginning March 27. It will replace India's air-bubble arrangement with 37 countries. What does it mean for aviation and tourism industry?
 "Will resumption of overseas flights revive fortunes of aviation sector?")
Budget carrier IndiGo partners with MakeMyTrip for holiday offerings
IndiGo said it will use its extensive flights inventory across the network in conjunction with MakeMyTrip's vast inventory of hotels and activities, to offer holiday packages under 6E Holidays
 "Budget carrier IndiGo partners with MakeMyTrip for holiday offerings")
Standard Chartered, IATA tie up forh payment platform for airline industry
Standard Chartered said it has partnered with the International Air Transport Association (IATA) to launch a payment platform for airline industry in India.
 "Standard Chartered, IATA tie up forh payment platform for airline industry")
Stocks to Watch: IndiGo, RIL, Hinduja Global, Federal Bank, Brightcom
Auto shares are likely to be in focus as car makers are looking to ramp up production by an average 18-20 per cent in the March quarter, as the shortage of semiconductor eases.
 "Stocks to Watch: IndiGo, RIL, Hinduja Global, Federal Bank, Brightcom")
Malaysia's AirAsia renamed Capital A to show it's more than an airline
AirAsia Group said Friday it has changed the name of its listed holding company to Capital A to reflect the diversity of its business portfolio as it seeks to grow its non-airline revenue.
 "Malaysia's AirAsia renamed Capital A to show it's more than an airline")
Stocks to Watch: PayTm, RIL, DMart, NTPC, Zomato, auto, realty, airlines
Auto stocks are likely to be in focus as the stocks could react to the monthly sales numbers.
 "Stocks to Watch: PayTm, RIL, DMart, NTPC, Zomato, auto, realty, airlines")
Stocks to Watch: RIL, Paytm, Airtel, Maruti, GMR Infra, HFCL, airline stks
Bharti Airtel has hiked tariff on pre-paid plans by 20-25 per cent.
 "Stocks to Watch: RIL, Paytm, Airtel, Maruti, GMR Infra, HFCL, airline stks")
Boeing's 737 Max scandal turns into success as Indian airlines order jets
Mumbai-based startup Akasa Air announced an order Tuesday for 72 of the jets at the Dubai Airshow, a deal worth $9 billion at list prices.
 "Boeing's 737 Max scandal turns into success as Indian airlines order jets")
SpiceJet allows passengers to pay for tickets in 3, 6, or 12 instalments
Passengers do not have to provide any credit card or debit card details to avail the EMI scheme
 "SpiceJet allows passengers to pay for tickets in 3, 6, or 12 instalments")
Vistara airlines starts non-stop flight services to Paris from Delhi
The airline operated its inaugural direct flight to Charles de Gaulle Airport, Paris from Delhi's Indira Gandhi International Airport on Sunday, a company release said on Monday.
 "Vistara airlines starts non-stop flight services to Paris from Delhi")
KLM hopes India will allow it to increase flights to meet rising demand
Since July 2020, India has allowed limited special international flights with passenger restrictions under air bubbles formed with approximately 28 countries, including France and The Netherlands.
 "KLM hopes India will allow it to increase flights to meet rising demand")
American Airlines cancels flights over shortage of flight attendants
That made it difficult for American to get crews in position for upcoming flights, and the cancellations and delays grew worse through Saturday and Sunday.
Senior Airbus executive says output goal to be based on jet deals
Airbus hopes to almost double production of its best-selling A320 family as air travel gathers pace following the coronavirus crisis.
 "Senior Airbus executive says output goal to be based on jet deals")
Air India disinvestment: Privatisation-bound BPCL, SCI can rally up to 15%
SpiceJet seems to be in a trading range, while Container Corporation of India is holding above its key support level
 "Air India disinvestment: Privatisation-bound BPCL, SCI can rally up to 15%")
Tech View: Can airline stocks fly higher or will they run out of fuel soon?
The last week's volume in SpiceJet was higher than its previous 35 weekly sessions
 "Tech View: Can airline stocks fly higher or will they run out of fuel soon?")
New Saudi airline plan takes aim at Emirates, Qatar Airways
Two people familiar with the matter said the new airline would boost international routes and echo existing Gulf carriers by carrying people from one country to another via connections in the kingdom
 "New Saudi airline plan takes aim at Emirates, Qatar Airways")
Few takers for advance booking of airline tickets even as traffic improves
Average load factors are still around 55% and most of the bookings are for travel within seven days
 "Few takers for advance booking of airline tickets even as traffic improves")
Covid impact: SpiceJet defers up to 50% salary of most employees in April
SpiceJet had been facing financial issues even before the second wave of the coronavirus pandemic hit the country in March 2021
 "Covid impact: SpiceJet defers up to 50% salary of most employees in April")
Credit outlook negative for aviation industry, says ICRA
This reflects a view that financial performance of airlines is likely to remain weak in near-to-medium term amid weak air traffic
 "Credit outlook negative for aviation industry, says ICRA")
Flying with just a cabin bag will be 10-15% cheaper: Check details
On a busy corporate route like Delhi-Mumbai, hand luggage fare can be cheaper by at least Rs 500-Rs 800.
 "Flying with just a cabin bag will be 10-15% cheaper: Check details")