Page 41 - Airlines

Airlines to operate 930 daily flights to 40 countries in summer schedule

This is around 22.5% lower than pre-Covid levels

US will give airlines a break on takeoff rights in New York, Washington

Federal officials are extending pandemic relief that helps big airlines keep coveted takeoff and landing rights for international flights this summer at busy airports in New York City and Washington

Airline CEOs bat for lower taxes, better infra to tide over ATF price hike

They say 21% of an airline's revenue goes straight to govt by way of taxes; want improved processes in order to become hubs for global travel

Vistara in talks with lessors to fill long-haul gap amid 787 delays

Vistara is in talks with lessors about getting long-haul planes to cover a gap left by delays in Boeing 787 deliveries, chief executive Vinod Kannan said

400 mn fliers by FY24, airports to get Rs 1-trn investment, says Scindia

The number of air passengers was 145 million in 2018-19. The traffic fell to 83.8 million in 2021 due to the pandemic.

'400 mn air traffic by FY24, Rs 1-trn investment lined up in airports'

He also defended the government's move to lease out airports to private entities saying the profitability of the Airports Authority of India (AAI) will increase due to this

Committed to revival of Jet Airways, says Kalrock-Jalan consortium

The firm has to obtain the air operator certificate (AOC) from the Directorate General of Civil Aviation by March 22

Scaling new highs: ATF past Rs 100,000-mark for first time in history

Airlines unlikely to pass on Jet fuel price hike to customers

ATF price hike may delay the recovery seen by airlines recently

Raising the airfares further could hurt traffic volumes

Top headlines: Sensex rallies 1k pts ahead of Fed meet; Mann new Punjab CM

Business Standard brings you the top headlines on Wednesday

Korean Air suspends routes to Russia until April end amid Ukraine war

South Korean flag carrier Korean Air Lines Co. said on Tuesday that it will suspend routes to Russia until the end of April due to safety concerns amidst Moscow's ongoing invasion of Ukraine

Airlines send out SOS as loans dry up, fuel prices hit record high

Companies have sought government intervention to get banks to lend working capital

Domestic airlines plan to operate 4% more flights in summer schedule 2022

Among the large airlines, Air India will see largest capacity addition

Airlines line up new flights as govt allows regular international ops

Airline executives said the increase in flights in summer will be based on market demand

Stocks to Watch: MTNL, Sun Pharma, Airlines, Adani Ports, Bharat Forge

MTNL is in focus as the Centre is considering relaxing some norms that led to the failure in attracting bids for assets of BSNL and MTNL as they look to restart the auction for their non-core assets.

Regular international passenger flights from Mar 27 after two-year gap

The move is expected to boost international capacity and will help soften airfares, which have been soaring due to increased demand and rise in crude oil prices

Air fares on a high as travel picks up, aviation turbine fuel price spikes

The government has set minimum and maximum fares for domestic flights and these are applicable for up to a fortnight

Japan's JAL, ANA cancel all flights to and from Europe amid Ukraine war

Japan Airlines Co Ltd and ANA Holdings Inc said they would cancel all flights to and from Europe on Thursday, citing concerns about safety due to Russia's invasion of Ukraine

Safety checks to samosas for students: How airlines are managing evacuation

From carrying out safety assessments to setting up of temporary bases, airlines are taking elaborate steps to ensure quick and efficient passage to students fleeing Ukraine

Russia- Ukraine crisis: Rescue plans & a look at past evacuations

Airlines executives said the Ministry of External Affairs had planned to operate flights in Moldova.