Page 35 - Aviation Sector

Divestment-bound Air India reports Rs 7,017 crore loss for FY21

The loss after tax stood at Rs 7,017 crore in the year through 31 March 2021, down from a Rs 7,766 core loss recorded in the previous year

After Air India privatisation, aviation set to be 2nd most concentrated mkt

The top two players will control 80% of industry revenue

India's aviation sector on the verge of a turnaround?

Indian airlines' passenger traffic is rising steadily. And, in time for the festival season, airlines in India are allowed to operate at 100% capacity. What else is in favour of the sector?

Delta Air warns of rising jet-fuel cost, clouding profit rebound

Delta remains the lone holdout among the largest U.S. airlines when it comes to requiring employee vaccination against Covid-19

SpiceJet revamps website with latest technology, improved features

It said the new website is designed to facilitate quick changes, making fast introduction of new products and offers to the customers.

Tata Group airlines to be top on 10 busiest routes, shows data

On the top 100 routes in terms of departures, Tata Group is ahead of its chief rival IndiGo on 30 of them

Singapore Airlines' website crash amid surge in flight demand: Report

Singapore Airlines said it had seen "very high demand" for flights and may take longer to respond to queries from customers

Air India privatisation: Rs 16,000 cr unpaid bills to go to govt's AIAHL

As on August 31, Air India had a total debt of Rs 61,562 crore

Air India to boost Tatas' aviation ambitions

The acquisition will give the Tatas a firm footing on international routes and generate economies of scale

Alliance Air to operate flights in Mizoram from October 18: Official

Mizoram will get an additional flight service as Alliance Air will start operating on the Kolkata-Guwahati-Aizawl-Shillong sector from October 18, an official of the state claimed on Thursday

Domestic air passenger traffic grows 2-3% to about 6.9 mn in Sept: Icra

Compared y-o-y, air passenger traffic growth stood at around 74 per cent in the month under review over September 2020

Low-fare carrier SpiceJet joins hands with travel portal EaseMyTrip

Low-cost carrier SpiceJet has joined hands with online travel platform EaseMyTrip for holiday bookings, a release said on Wednesday.

Suspension of scheduled int'l passenger flights extended till Oct 31

The suspension does not affect the operation of international all-cargo operations and flights specifically approved by the aviation regulator

American Airlines, IndiGo sign codeshare agreement

The agreement allows the US airline to sell seats on the Indian carrier's flights operating on 29 routes

Demand for Lufthansa flights to United States soars on re-opening

Lufthansa said bookings for December flights to the United States reached pre-crisis levels last week

Flaring crude oil price, entry of new players to hit IndiGo: Analysts

In the last one week alone, Brent crude oil prices have surged over 6 per cent to around $79 per barrel mark

C-295 aircraft project great step in opening up aviation sector: Ratan Tata

His comments came hours after the deal to procure the aircraft to replace the Avro-748 planes of the IAF was sealed.

More confident now of hydrogen-based zero-emission planes by 2035: Airbus

Exactly one year back, Airbus had revealed concepts of new hydrogen-powered zero-emission commercial aircraft that could enter service by 2035.

State Bank of India prepared to support Tata group's bid for Air India

Holding company's 'AAA' rating will make it a formidable player: Bankers

SpiceJet looks to save Rs 1K cr on commercial settlement with MAX lessors

The commercial settlement finalised by SpiceJet with two major lessors of MAX aircraft will result in savings of roughly around Rs 300 crore for the Ajay Singh-led carrier.