Page 45 - Airlines

IATA predicts airlines will lose over $200 bn due to Covid by 2022-end

The combined $201 billion in net losses over the pandemic-blighted period eclipses close to nine years of industry earnings, based on IATA figures

Load penalty at Jammu airport scrapped, airlines can fly full capacity

In a move that may lead to lower airfares to Jammu, the load penalty for its airport was scrapped on Thursday, allowing airlines to fly full capacity, officials said.

Indian carriers expect smooth landing for employees' vaccination drive

Airlines in India began vaccinating their staff from May at their own or partner camps

Lufthansa launches $2.5 billion capital increase to repay state bailout

The airline will use the net proceeds to repay a chunk of the 9 billion euro government bailout it received last year to stay afloat throughout the Covid pandemic

Limits on airfares to remain for 15 days at any given time: Aviation Min

The lower and upper limits on airfares will remain for 15 days at any given time and the airlines will be free to charge without any limits from the 16th day onwards, the Civil Aviation Ministry said.

Aviation Ministry allows airlines to operate at 85% of pre-Covid capacity

The carriers have been operating 72.5 per cent of their pre-Covid domestic flights since August 12

Vinod Kannan to take charge as Vistara CEO from January 1 in brass rejig

Chief commercial officer to replace Leslie Thng who joins Singapore Airlines

Vinod Kannan to lead Vistara; Leslie Thng to join back Singapore Airlines

Vistara announced the change of guard at the airline, bringing in its Chief Commercial Officer Vinod Kannan as the new CEO in place of Leslie Thng

Jet Airways to have over 100 aircraft in 5 years; HQ will shift to Gurugram

First flight between Delhi & Mumbai in Q1 of 2022

Travel agents seek cash refund from bankrupt Italian airline Alitalia

The 74-year-old Italian airline Alitalia announced it will cease to fly from October 15

British Airways to resume Chennai-London flights from Thursday

British Airways said on Wednesday it will resume its Chennai-London flights, which had stopped in May last year due to COVID-19, from Thursday onwards.

Revising UAE air service pact will hurt Indian airlines, spike fares: CAPA

Move could lead to aero-political dispute; clubbing separate agreements into one and capping number of seats could also see spike in airfares

India allows Boeing 737 MAX aircraft to fly 30 months after global ban

SpiceJet plans to bring the aircraft back in service by Sep-end

DGCA to make drug test a must for pilots, air traffic controllers

Draft proposal: Violation to invite three years of suspension to permanent cancellation of licence

A johnny-come-lately in the sky

Many businesses are set up in downturns and often the best deals are struck in troubled times

SpiceJet kicks off cargo business sale; valuation at Rs 2,500 crore

It is in talks with multiple private equity investors as it tries to sell shares in the logistics arm to raise money

Fare hike will prune airline losses but slow down traffic growth: experts

On Friday the govt hiked minimum and maximum fare slabs by 12.5%

Airlines can operate maximum of 72.5% pre-Covid domestic flights: Govt

The limit has been increased from 65 per cent capacity on which airlines were operating since June 6

Lift capacity, fare caps: Operators of India's largest airports to govt

They have also urged the government to resume international air travel without limiting capacity

Airlines fly record number of passengers Sunday, outrace govt price band

Govt price cap was effective till July 31 and it was reintroduced Sunday evening, giving airlines time to sell their inventory at competitive prices