Page 41 - Aviation Industry

Top headlines: IndiGo's losses mount; Ola's Aggarwal takes on Elon Musk

Business Standard brings to you the top headlines on Tuesday

American airlines cite concerns about fuel shortages at some airports

The fuel needle is moving closer to empty at some U.S. airports. American Airlines says it's running into fuel shortages at some smaller and mid-size airports, and in some cases the airline will add refueling stops or fly fuel into locations where the supply is tight. The airline said that the shortages showed up first in the West, where they could affect efforts to fight wildfires. They are now being reported in other parts of the country and will last through mid-August, according to a company memo to pilots on Monday. It asked pilots to conserve fuel by, for example, leaving one engine off while taxiing. American said fuel supplies are being squeezed at several airports, which it didn't name, mostly because of a shortage of tanker trucks or drivers. Delta Air Lines, meanwhile, said Reno, Nevada, is the most affected location. Delta said pipelines have been devoting more space to gasoline and diesel and less to jet fuel during the pandemic. Nevada politicians worry that the ...

Air India privatisation: SpiceJet's Ajay Singh has a risky flight plan

Even as the low-cost airline he runs has shrunk to survive the pandemic, many are questioning his plans to bid for national carrier Air India

Air traffic grows 47% in June as Delhi, Maharashtra ease Covid-19 curbs

Industry-wide passenger load factor rose to 62.9% in June from May's 50.5%. SpiceJet had the highest load factor of 70%.

Draft drone rules propose to make it easy to operate the aerial vehicles

The new rules, the ministry said, have been built on a premise of trust, self-certification and non-intrusive monitoring

Several challenges await Jyotiraditya Scindia at Civil Aviation ministry

Among the major issues before the new Civil Aviation Minister will be the Centre's decision to divestment the national carrier Air India due to the huge losses by the airlines

Cash-rich Singapore Airlines aims for regional dominance as rivals downsize

Singapore Airlines, flush with $16 billion raised since the start of the pandemic thanks to help from a state investor, is in a position of dominance among its Southeast Asian rivals as they downsize

SpiceJet to raise Rs 2,500 crore to fund working capital requirements

SpiceJet is the third Indian airline after Go First (earlier GoAir) and IndiGo, which has also announced that it will raise capital

Jet shares continue to rise; monitoring committee for airline in place

Continuing on its upward trajectory, shares of grounded Jet Airways gained nearly five per cent to touch its upper price limit on Tuesday

Making sense of crisis-hit Jet Airways' juggle for key airport slots

The Kalrock-Jalan consortium, whose proposal got the NCLT nod, hopes to restart Jet Airways as a full service airline with 25-30 aircraft

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

Long haul ahead

Jet Airways revival will be a challenge for new owners

Boeing faces rocky path to gaining approval for 737 MAX return in China

The MAX grounding - after crashes that killed 346 people - has been worst crisis in Boeing's history.

NCLT clears Kalrock-Jalan resolution plan for Jet Airways with riders

NCLT rejects demand for historicity of slots

Tighten your seatbelts

For over a year now, uncertainty has ruled the world and India, too, remains in choppy waters, choppier than most

When regular flights stalled, the well-heeled hired entire aircraft

The scramble for charter air services in the second Covid-19 wave was similar to that seen during the first wave

Covid-19 impact: Adani group asks AAI for more time on airport takeover

Cites second wave for invoking force majeure

How Indian aviation sector braved Covid turbulence better than global peers

Compared with other major countries during Covid-19, domestic airlines have precariously stayed the course

SpiceJet, IndiGo ready for new war zone as cargo biz continues upward swing

Analysts remain sceptical on the profitability from freighter business

Analysts downgrade IndiGo as second Covid-19 wave weakens outlook

The QIP should shore up its cash reserves currently at over Rs 7,000 crore