Page 38 - Aviation

Alliance Air to focus on cost control, phasing out of expat pilots

Alliance Air, which is the largest regional airline, is currently operating 77 daily flights compared to 126 last year

Air India Express reports highest-ever net profit at Rs 412.77 crore

Air India's low-cost international subsidiary Air India Express reported its highest-ever net profit, at Rs 412.77 crore for the financial year 2019-20

Qantas says Australia virus travel curbs cost it $71 mn in quarterly profit

The airline is running less than 30% of its normal domestic capacity due to border closures

Cathay Pacific to slash 8,500 jobs, end Cathay Dragon brand due to pandemic

Overall, it will cut 8,500 positions, or 24% of its normal headcount, but that includes 2,600 roles currently unfilled due to cost reduction initiatives

US air travel pandemic milestone: One million passengers screened

The number of passengers screened in a single day for flights in the US topped one million for the first time since Covid-19 infections began to spike last March

BS READS: Behind crashes at top flying schools - old planes or bad pilots?

There are doubts about the state of affairs at central govt-led Indira Gandhi Rashtriya Udan Academy, with red flags over its ageing aircraft, 40% of which had completed their technical life by 2019

Recovery in domestic air passenger traffic continues in Sept: Icra

Recovery in domestic air passenger traffic continued in September with a sequential growth about 37-39 per cent in passenger volume in the previous month over August, ratings agency Icra said

Boeing to move 787 Dreamliner production to South Carolina in 2021

Boeing said the single site would improve operational efficiency as the US planemaker adjusts to the market downtown and positions for recovery

Custom-made 'Air India One' aircraft for Prez, PM to arrive in India today

A custom-made B777 aircraft, which will be used to fly the president, vice president and the prime minister, is going to arrive from the US in India on Thursday, said government officials

Boeing executives defend safety decisions in development of 737 MAX

Leverkuhn defended the decision to tie a new safety system on the MAX, called MCAS, to a single sensor that has been implicated in both fatal crashes

Chinese carriers sweep markets: Capture 9 of world's top 10 airline stocks

The global airline industry has been walloped by the coronavirus pandemic, as governments imposed unprecedented border restrictions and people became more reluctant to travel

Airlines unhappy over UK reimposing quarantine on France, Netherlands

European airline shares tumbled on deepening concerns that the weaker than hoped travel recovery could yet stall or be reversed by new outbreaks and restrictions

2.1 mn travelled domestically by air in July, 82.3% lower than year-ago

Moreover, the occupancy rate or load factor for five out of six major Indian airlines was between 50 and 60 per cent in June, the DGCA stated

Covid-19 impact: InterGlobe Aviation to raise Rs 4,000 cr through QIP

The airline posted a pre tax loss of Rs 2842.6 crore in Q1FY21 against a pre tax profit of Rs 1509.4 crore in the same quarter of the last year

World Coronavirus Dispatch: Slim chances of catching Covid-19 in a flight

From failing to stitch up a new aid package for US economy, to losing jobs to robots and AI, to Mauritius weeding out Covid-19

British Airways: Thousands to lose jobs as airline pushes ahead with cuts

British Airways, owned by IAG , said in April it would need to axe up to 12,000 of its 42,000 staff to survive the Covid-19 pandemic and remain competitive

ATF price hiked 3 pc; no change in LPG, petrol, diesel rates

ATF prices are revised on 1st and 16th of every month based on average of benchmark international price and foreign exchange rate in the preceding fortnight

Deepening economic crisis: Chidambaram brings up aviation, telecom

Senior Congress leader P Chidambaram asserted that two major industries -- telecom and aviation -- are on the verge of collapse

SpiceJet auditor unsure of airline's ability to continue as going concern

SpiceJet posted a pre tax loss of Rs 807 crore in Q4FY20 due to an increase in finance charges, depreciation and foreign exchange loss as against Rs 56.3 crore profit in same period last year

Even as employees protest LWP policy, Air India begins recruitment drive

Air India Express has put out an advertisement to hire in the finance and medical services department