Page 53 - Airlines

DGCA to implement e-governance project for approvals, licenses by year-end

The project is being implemented in four phases and is expected to be completed by the end of this year

US, China agree to increase airline flights between them to 8 per week

The US and China have agreed to allow air carriers to double the current flights to eight weekly round-trip flights

Vistara enters long-haul flights, to operate Delhi-London route for a month

Airline to deploy its brand-new Boeing 787-9 Dreamliner aircraft, one-way economy fares start at Rs 29,912

Vinay Dube quits GoAir in an instant, Kaushik Khona replaces him as CEO

This will Khona's second stint as CEO of GoAir; under his watch between 2009-2011 the airline had seen an improvement in load factors and revenue

GoAir brings back Kaushik Khona as CEO, airline's third change in 2 years

Khona was at the helm of GoAir from April 2009 to June 2011

Domestic air traffic rises 6% in July as aviation sector tries to take off

Airlines flew 2.1 mn passengers in July, against 1.9 mn in June

2.1 mn travelled domestically by air in July, 82.3% lower than year-ago

Moreover, the occupancy rate or load factor for five out of six major Indian airlines was between 50 and 60 per cent in June, the DGCA stated

Air passengers awaiting return to normalcy, leisure travel: Survey

Air passengers are "eagerly" awaiting the return to normalcy of flight operations and are looking forward to international leisure travel, a survey by Mumbai airport operator MIAL has claimed.

Chartered planes, costly tickets: How world is beating flight restrictions

The flight paralysis underscores how deep and lasting the pandemic's damage is proving to be

Number of flights up, yet less than a third compared to July 2019: Icra

Rating says airlines operated at much lower capacity of about 27% this July compared to July 2019 level, but there was a marginal rise over the 25% capacity achieved in June 2020

Global air travel unlikely to return to pre-Covid levels until 2024: IATA

Moreover, the overall domestic passenger traffic was 86.5 per cent less in June 2020 than what was observed a year ago, the global airlines body added

Covid-19 impact: In June, airlines could only fill two-thirds of seats

The passenger load factor of major scheduled commercial airlines stood between 54 per cent and 68 per cent, which means carriers were able to fill up to two thirds of the total seats in June.

1.98 mn people flew domestically in June; airline load factor was low: DGCA

Moreover, the occupancy rate or load factor for five out of six major Indian airlines was between 50 and 60 per cent in June 2020, it said

Airlines staring at Rs 1.1-trillion loss over 3 years: CRISIL Research

Airlines are unlikely to recoup this loss as growth is not expected to return to pre-pandemic levels of double-digit increase at least in the medium term, CRISIL Research said.

Air India to send some employees on leave without pay for up to five years

Air India has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay

Asia-Pacific airlines to lose about $29 bn this year due to Covid-19: IATA

IATA said the region's airlines will see passenger demand measured in revenue passenger kilometres collapse 53.8 per cent this year

Tata Sons in talks to acquire AirAsia India stake at a steep discount

The Tata group is likely to tie up with other financial investors to acquire its Malaysian partner's 49 per cent stake in AirAsia India, said banking sources.

Vistara: Passengers can book adjacent seat at discount to keep it vacant

When it comes to concerns related to flying, 31 per cent of the customers expressed fear of exposure to coronavirus during the journey

India bars UAE airlines from operating flights; efforts on to resolve issue

A formal order has not been issued but UAE airlines, including Air Arabia, Emirates, Etihad and Flydubai, were verbally informed of the decision on Thursday.

Hammered by Covid-19 pandemic, Air France announces 7,500 job cuts

Activists from multiple unions protested at Air France headquarters at Paris' Charles de Gaulle Airport as talks began Friday