Page 39 - Aviation

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

Passengers refusing to wear masks not to be allowed to board: US airlines

The Washington Post reported that only children younger than two years of age will be permitted to fly without masks under the new rules

United sees around $15-20 million daily cash burn in Q4 if demand bounces

Chicago-based United flew only a fraction of its normal capacity in the second quarter and expects to fly about 35% of its normal summer schedule in the third quarter

'Air Bubble' and international flights from today: All you need to know

After nearly 4-months, India-US international flights to resume today via 'air bubbles'

American Airlines warns 25,000 workers could lose jobs over falling demand

'The number of layoffs or furloughs could be lower if enough workers take buyouts or accept partially paid leave for up to two years'

World Coronavirus Dispatch: Air travel picks up on domestic flight recovery

US sets new one-day record with 60,500 cases, Russian deaths cross 11,000, bringing home seafarers stuck on ships and other pandemic-related news across the globe

Airbus H1 deliveries hit 16-year low despite bounce of 50% in June

Deliveries rose to 36 aircraft in June from 24 in May and a low of 14 in April

Malaysia's AirAsia sees 2020 capacity at 45-60% of 2019 levels on virus hit

AirAsia posted a loss of 803.3 million ringgit ($187.91 million) for the quarter ended March, from 96.1 million ringgit net profit in the year-ago period

India bars UAE airlines from operating flights; efforts on to resolve issue

A formal order has not been issued but UAE airlines, including Air Arabia, Emirates, Etihad and Flydubai, were verbally informed of the decision on Thursday.

Over 500,000 Indians returned under Vande Bharat Mission, highest to Kerala

Mission brings them home from 137 countries in less than two months, 94,085 return to Kerala alone