Page 35 - Aviation
Indian aviation mkt's recovery impacted by cap on fares, capacity: IATA DG
The Indian aviation market's recovery has been significantly impacted by caps on fare and capacity which have been placed by the government since May last year
 "Indian aviation mkt's recovery impacted by cap on fares, capacity: IATA DG")
Naresh Goyal, Prashant Ruia among potential Pegasus targets: Report
The government has been denying all Opposition allegations in the matter.
 "Naresh Goyal, Prashant Ruia among potential Pegasus targets: Report")
Analysts see up to Rs 2,700 crore loss for IndiGo in June 2021 quarter
High oil prices and weaker rupee is likely to hit financial performance in Q1FY22
 "Analysts see up to Rs 2,700 crore loss for IndiGo in June 2021 quarter")
HPCL Aviation wing commissions fuel station at Assam's Rupsi Airport
Hindustan Petroleum Corporation Ltd (HPCL) Aviation wing has commissioned its aviation fuel station at Rupsi Airport in Assam's Kokrajhar district
 "HPCL Aviation wing commissions fuel station at Assam's Rupsi Airport")
Global air cargo up 9.4% compared to pre-Covid levels in May: IATA
Global demand measured in cargo tonne kilometres was up 9.4 per cent compared to May 2019, the International Air Transport Association has said
 "Global air cargo up 9.4% compared to pre-Covid levels in May: IATA")
Boeing ropes in former General Electric executive Brian West as CFO
Boeing Co named former General Electric executive Brian West as its chief financial officer, more than two months after the planemaker announced the surprise retirement of Greg Smith
 "Boeing ropes in former General Electric executive Brian West as CFO")
Covid impact: Philippines extends travel ban on India until July 15
The Philippines has extended the travel ban for all inbound travellers from India, Pakistan, Sri Lanka, Bangladesh, Nepal, Oman, and the United Arab Emirates (UAE) until July 15
SpiceJet plans to raise funds through equity; shares gain over 2%
No-frills carrier SpiceJet plans to raise funds through issuance of equity shares or debt instruments and the proposal will be discussed at its board meeting on Wednesday.
 "SpiceJet plans to raise funds through equity; shares gain over 2%")
Covid-19 impact: Passenger traffic at Bengaluru airport dips 66%
The passenger traffic at Kempegowda International Airport here (KIAB/BLR Airport) nosedived 66 per cent in the financial year 2020-21, with the COVID-19 pandemic dealing a major blow.
 "Covid-19 impact: Passenger traffic at Bengaluru airport dips 66%")
Kalrock-Jalan consortium starts work to fly crisis-hit Jet Airways again
Jet suspended operation in April 2019 & its permit is not valid
 "Kalrock-Jalan consortium starts work to fly crisis-hit Jet Airways again")
Cash-strapped airlines push for single pilot ops: It's a reckless idea
Booming demand for air travel comes up against shortage of aviators, forcing industry to cut corners.
 "Cash-strapped airlines push for single pilot ops: It's a reckless idea")
Largest Boeing 737 Max model takes off on maiden flight over Washington
The first flight heralds months of testing and safety certification work before the jet is expected to enter service in 2023
 "Largest Boeing 737 Max model takes off on maiden flight over Washington")
Govt needs to take a clear stand on airline capacity cap: IndiGo chief
We have set for ourselves a minimum threshold of cash, come hell or high water, said Dutta
 "Govt needs to take a clear stand on airline capacity cap: IndiGo chief")
Analysts bet on larger players in travel & tourism space post RBI's support
In a bid to alleviate the adverse impact of the second wave of the pandemic on "contact-intensive sectors", RBI governor Shaktikanta Das announced a separate liquidity window of Rs 15,000 crore
 "Analysts bet on larger players in travel & tourism space post RBI's support")
Govt must consider Air India's massive financial burden: CAPA India
The government must consider Air India's massive financial burden, which is likely to be a potential liability of $20 billion and look at possible changes to the contours of the proposed sale
 "Govt must consider Air India's massive financial burden: CAPA India")
IndiGo brings leave without pay for senior staff to tide over Covid impact
The airline said senior employees would have to go on compulsory leave without pay for up to four days per month till September as passenger traffic has reduced due to the second Covid wave
Air India flight returns mid-air to Delhi after bat found in plane
DGCA officials said fumigation was carried out and bat carcass was retrieved from the aircraft.
 "Air India flight returns mid-air to Delhi after bat found in plane")
Covid impact: Ban on international flights extended till June 30, says DGCA
The decision to extend the suspension on scheduled international passenger flights comes as India battles a second wave of coronavirus
 "Covid impact: Ban on international flights extended till June 30, says DGCA")
Singapore Airlines not to go for M&A, Vistara investments to continue
Fundraising primarily to shore up liquidity of the company
 "Singapore Airlines not to go for M&A, Vistara investments to continue")
Virgin Galactic Holdings test flight reaches space from New Mexico
The unexpected part of the event, he said, was when an ecstatic Branson sprayed him with champagne following the flight
 "Virgin Galactic Holdings test flight reaches space from New Mexico")