Page 36 - Aviation Sector

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

6.7 mn domestic air passengers in Aug, 33.83% higher than July: DGCA

Around 67.01 lakh domestic passengers travelled by air in August, 33.83 per cent higher than 50.07 lakh who travelled in July, the country's aviation regulator said on Thursday.

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

First flight between Delhi & Mumbai in Q1 of 2022

Budget carrier IndiGo to start 38 domestic flights in September

This is aimed at improving accessibility between metros and tier-2 or tier-3 cities.

HC asks govt to consider in-flight security announcements in local language

The court was responding to a Public Interest Litigation (PIL) stating that the safety of the passengers cannot be ensured if they can't understand the language

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

Amid heavy rains, Delhi airport's forecourt waterlogged, 5 flights diverted

Parts of Delhi Airport were also waterlogged following heavy rainfall in the national capital.

Govt sticks to Sep 15 deadline for putting financial bids for Air India

The government will stick to the September 15 deadline for investors to put in bids for buying national carrier Air India, an official said.

IndiGo board appoints Director Gregg Saretsky as Special Advisor

The Board of Directors of IndiGo on Sunday announced the appointment of Gregg Saretsky, Member of the Board, to the position of Special Advisor with immediate effect

Delhi Airport sees gradual growth in passenger traffic numbers: Report

Delhi Airport has seen a gradual growth in passenger numbers in line with the recovery in air travel demand

AirAsia, IndiGo flights came as close as 8 km on Jan 29: Probe report

AirAsia India's Ahmedabad-Chennai flight and IndiGo's Bengaluru-Vadodara flight came within 8 km of each other with 300 ft vertical separation between them over Mumbai airspace on Jan 29, report said

Aizawl, Surat, Rajahmundry: Traffic from small cities gives IndiGo wings

Smaller markets have seen sharper growth of traffic, reaching almost 80-90 per cent of pre-Covid levels when other metros were still at 75-80 per cent, according to IndiGo CEO Rono Dutta

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

Chinese air travel posts biggest decline since start of pandemic

The surge in Chinese cases has dealt a blow to tourism on the mainland during the peak summer holiday

World's grounded pilots swamp recruiters in desperate effort to get jobs

Job applications from down-on-their-luck aviators, from Brazil and Mexico to Canada and Europe, have jumped at least 30-fold: Analyst.

Rethink aviation policy

Govt price caps are counter-productive

3.1 million domestic air passengers in June, 47% higher than in May: DGCA

Indian airlines are allowed to operate a maximum of 65 per cent of their pre-pandemic domestic flights.

Aviation sector recovering after Covid-19 impact: Jyotiraditya Scindia

The COVID-19 pandemic hit the aviation sector in the country hard but now the things are improving, Union Civil Aviation Minister Jyotiraditya Scindia said here on Friday.

Crude oil spike, weakening rupee cause turbulence for aviation stocks

This would offset the recovery in volumes from the lows in May

SpiceJet to launch 42 new domestic, int'l flights between July 10 and 30

SpiceJet will launch 42 new domestic and international flights between July 10 and 30, according to an official statement issued on Thursday.