Page 5 - Airline

Air India's best years have yet to come: CEO-designate Campbell Wilson

Former CEO of no-frills carrier Scoot visits Air India's Delhi office; will take charge formally after completion of formalities

Go First plans IPO of up to Rs 3,600 cr by July after deferring for months

The airline plans to increase daily flights, add 10 new aircraft by March 2023

Sri Lankan airlines issues Request for Proposal to lease of 21 aircrafts

State-run Sri Lankan Airlines has issued a Request for Proposal (RFP) to lease up to 21 aircraft by 2025 to support its business strategy as the airline is planning to grow its business

Cathay Pacific narrows annual loss on cost cuts and strong cargo demand

Hong Kong's Cathay Pacific Airways Ltd posted on Wednesday an annual loss of HK$5.5 bn ($703.45 mn), narrowing from prior year's HK$21.65 bn, thanks to cost-cutting efforts and strong air cargo demand

Under a third of those cancelling flights due to Omicron got refund: Report

Less than one-third of the people who cancelled their flights owing to the emergence of the Omicron variant-led third pandemic wave were able to receive refunds, according to an online survey.

Alliance Air issues tender to refurbish entire fleet of 18 ATR-72 aircraft

Alliance Air, a subsidiary of Air India, has issued a tender to refurbish its entire fleet of 18 ATR-72 aircraft.

Airlines grapple with Omicron-related disruptions to start off 2022

Spread of the Omicron variant has led to a sharp increase in Covid-19 infections, forcing airlines to cancel flights as pilots and crew quarantine

JetBlue cuts about 1,280 flights through mid-January on Omicron hurdles

Carriers have been canceling hundreds of flights every day in the United States since Christmas Eve as they grapple with staff shortages

New Jet Airways owners may infuse around Rs 1,500 crore in first tranche

The investment announcement comes days before the deadline fixed by the lenders, funding shortage has been hurting revival plans of the airline

Pakistan airline suspends Afghan ops citing Taliban interference

The suspension took place as the Taliban government ordered the airline, the only international carrier operating regularly out of the Afghan capital, to cut ticket prices

Air India unions threaten strike from November 2 to retain staff quarters

The unions said employees have been asked to give an undertaking by October 15 that they would vacate the staff quarters

Low costs, quick ramp up to be gameplan of Rakesh Jhunjhunwala's Akasa

Reduced lease rents, easy availability of pilots and expected buoyancy in air traffic will help the airline as it aims to begin operations next summer

Air India tells HC no favouritism in passenger service system contract

Responds to suit by Amadeus rival Sabre challenging the tender process, says selection of costlier Amadeus bid will give it an edge over peers

Saudi Arabia plans new national airline as it diversifies from oil

Saudia has struggled with losses for years and like global peers, has been hit hard by the coronavirus pandemic

India's airline fleet to contract, fall below 700 on weak demand: CAPA

Indian airlines are expected to induct 69 planes during the year and retire 86 aircraft, some of which could be through repossessions by lessors

IndiGo sees domestic traffic recovering by Q3FY22 as vaccination picks up

The company will not pay any dividend for FY21

Covid, ATF prices to push airlines into Rs 10,000 cr loss in FY22: Crisil

The loss is however expected to be 35-40% lower than the projected loss in FY21

Virgin Australia administrator receives final offers from Bain, Cyrus

Bondholders are working on a revival plan for the airline involving a debt-to-equity swap if they are not satisfied with the bid the administrator chooses

GoAir's Mumbai-Doha service hits turbulence, shuts bookings for flight

The airline is facing a hurdle and has quietly closed reservation for this flight

Coronavirus: Vistara to cancel 54 international flights on poor demand

With respect to the cancelled flights, customers can opt for a full refund or alternative travel dates free of cost