Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.
The national carrier in a press statement said the scheme primarily enables employees to proceed on LWP "on voluntary basis"
"We are flying only 30 per cent of our January capacity. We would like to go higher but there are various restrictions from the states. All that is really hurting demand," Dutta said
The French airport operator will now pay Rs 9,720 crore instead of Rs 10,780 crore which it had agreed to pay earlier
Lufthansa Group, which employs about 138,000 people, said it would also halve its investment in new aircraft, although it said that meant it could still add up to 80 new planes by 2023.
Outsourcing deals are either going to be renewed at a lower price or they will be delayed, say experts.
These charted flights were foreign airlines transporting stranded people to their destinations amid coronavirus lockdown
Other countries have pumped in $123 billion in relief for their airlines
Airline executives said that such a rule created hindrance in operations as on most days coronavirus positive cases were detected in multiple flight of the same airline
From Zara's first ever loss to China 'angrily' rejecting study tracing Covid-19 origins to last summer, and the slowing of new infection rate in the US - read these and more in today's world dispatch
Their handling of employees as the Covid-19 crisis played out revealed the true character of aviation sector players
From fuel price hikes for the second day in a row to Moody's report on air passenger traffic in 2021, here are the top headlines of the day
The aviation sector will face a strong headwind as fliers will avoid all non-essential travel.
Emirates, the jewel of the sheikhdom's vast array of state-linked enterprises, declined to offer figures on how many staff it fired
Business for Indian airlines stopped when the domestic and international services were first suspended in March to contain the spread of coronavirus. How will the airlines change after this crisis?
On Tuesday, IndiGo had said that a passenger who travelled on flight 6E 381 from Chennai to Coimbatore on Monday evening tested positive for the disease
Despite the limited number of flights and price restrictions, analysts believe that the fares are yield accretive for airlines
The losses would reverse the trend growth of 11% per annum the industry has logged over the past ten years, making it one of the most adversely affected sectors of the economy
Facemasks and social distancing measures may become a common practice for airline passengers.
C Vijayakumar, president and chief executive officer of HCL Tech, tells Neha Alawadhi that though demand has fallen in some sectors, others continue to be strong.