Page 46 - Airlines
International travel stagnant, cargo demand solid: Airlines' group
Only 1.3 million international passengers flew on the region's carriers in May, representing just 4.3 per cent of the volumes carried in the corresponding month of 2019.
 "International travel stagnant, cargo demand solid: Airlines' group")
Suspension of scheduled int'l passenger flights extended till July 31
India has formed air bubble pacts with around 24 countries including the US, the UK, the UAE, Kenya, Bhutan and France.
IndiGo's reduces emissions by 5% via ground support equipment automation
Airline major IndiGo has reduced emissions by about 5 per cent via its ground support equipment automation.
 "IndiGo's reduces emissions by 5% via ground support equipment automation")
Asia-Pacific airlines fare worst among regions, capacity declines 86.3%
The International Air Transport Association, in a report published earlier in June stated that Asia-Pacific airlines fared the worst among various regions.
 "Asia-Pacific airlines fare worst among regions, capacity declines 86.3%")
Air traveller numbers treble from May low as states get into unlock mode
But the grim reality is that the average daily passengers for June from the second week is still around 40 per cent of the levels reached in March when it rose to 313,000 passengers a day
 "Air traveller numbers treble from May low as states get into unlock mode")
Cash-strapped airlines push for single pilot ops: It's a reckless idea
Booming demand for air travel comes up against shortage of aviators, forcing industry to cut corners.
 "Cash-strapped airlines push for single pilot ops: It's a reckless idea")
Financial institutions, airlines briefly hit by internet outages
The Hong Kong Stock Exchange said in a post on Twitter Thursday afternoon Hong Kong time that its site was facing technical issues and that it was investigating
 "Financial institutions, airlines briefly hit by internet outages")
Bank, airline websites go dark briefly in international internet outage
Website tracker flags hundreds of user complaints about outages affecting Southwest, Delta Air Lines Inc. and Automatic Data Processing Inc
 "Bank, airline websites go dark briefly in international internet outage")
These are the most punctual airlines and airports in the world
Japan Airlines and Tokyo's Haneda Airport climbs to the top for punctuality as aviation starts picking up.
 "These are the most punctual airlines and airports in the world")
Aviation firms in talks with banks to raise debt under modified ECLGS
On Sunday govt allowed firms in civil aviation sector that are facing headwinds to borrow up to Rs 200 cr fresh loan under the scheme
 "Aviation firms in talks with banks to raise debt under modified ECLGS")
Indian airlines may post $4.1 billion consolidated loss this fiscal: CAPA
Airlines are estimated to need closer to $5 billion of recapitalisation in 2021-22 just to survive, including requirements generated through the course of 2020-21, it said.
 "Indian airlines may post $4.1 billion consolidated loss this fiscal: CAPA")
Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis
Go First cuts pay by 16%, while IndiGo and SpiceJet enforce leave without pay and pay-by-the-hour, respectively
AirAsia India extends free cancellation, rescheduling in states on lockdown
The free cancellation and rescheduling facility for the flights to and from Telangana has been extended to June
 "AirAsia India extends free cancellation, rescheduling in states on lockdown")
Domestic flights to cost more as govt raises minimum airfares by 13%-16%
Flights with duration between 40 minutes to one hour will have fares at a lower limit of Rs 3,300. The fares for such flights were earlier capped by the ministry at Rs 2,900
 "Domestic flights to cost more as govt raises minimum airfares by 13%-16%")
Covid-19 pandemic: Govt cuts airline capacity to 50% from June 1
Decision divides industry with experts calling it interference in commercial freedom of airlines
Go First gets loan, lease rental payments breather amid Covid-19
Wadia group backing helps airline negotiate with BNP Paribas, aircraft lessors
 "Go First gets loan, lease rental payments breather amid Covid-19")
Air India flight returns mid-air to Delhi after bat found in plane
DGCA officials said fumigation was carried out and bat carcass was retrieved from the aircraft.
 "Air India flight returns mid-air to Delhi after bat found in plane")
Covid impact: Ban on international flights extended till June 30, says DGCA
The decision to extend the suspension on scheduled international passenger flights comes as India battles a second wave of coronavirus
 "Covid impact: Ban on international flights extended till June 30, says DGCA")
Covid impact: Singapore Airlines report record full year loss of $3.21 bn
The loss for the 12 months ended March 31 was worse than the average S$3.27 billion forecast by eight analysts, according to Refinitiv
Australia in talks with airlines on digital vaccination passports
The Australian government has opened talks with international airlines on digital vaccine passports for people who have been inoculated against Covid-19
 "Australia in talks with airlines on digital vaccination passports")