Finance Minister Nirmala Sitharaman is likely to announce this week a second round of stimulus package, for the most affected sections of society
Here are the top 10 business headlines of Thursday
Four of the country's top six airlines, which together control 80 per cent of the local market, are selling domestic flight tickets for as soon as the third week of May
The Standard Operating Procedure being formulated by the DGCA will make it mandatory for airlines to keep all middle seats and the last three rows empty to minimise contact
From elimination of middle seat to thermal screening air travel to see new normal
Several airlines have suspended refund facility to travel agents while making weekly payments of sales.
The CAPA also sought "urgent" government intervention and coordinated industry response to address all the requirement of the aviation industry
India has banned international commercial passenger flights for a period of one week from Sunday. Moreover, domestic flights have also been suspended from Tuesday midnight
According to a calculation by the government, Indian airlines are likely to operate only 30 per cent of their fleet for the next two months
Delhi is the busiest airport in the country with over 1300 flights daily which have now come down to 800-900 flights a day
The firms currently have 633 aircraft and the government said they would operate only 200 of these
Aviation consultancy CAPA estimates Indian airlines (except Air India) will post $500-600 million loss in first quarter
From ED asking Anil Ambani to appear again on March 30 to Ambanis raising personal shares in RIL, Business Standard brings to you the top headlines of the day
The largest Indian airline IndiGo, which has 47 per cent market share, announced a steep pay cut for its senior management, pilots and crews
The regulator said in its circular that all planes should have one or more universal precaution kit.
The fear is that, as a collapsed airline system is reconstituted, similar national self-interest will prevail.
P S Kharola was drawn to the "high cancellation charges levied by the private airlines" in India.
Flight occupancy dropped on domestic routes as individuals and companies canceled events and postponed travel
Two Iranian carriers were earlier suspended; regulator's ire directed at airlines that aren't making self-declaration forms available
Senior executives, however, say the outbreak will not negatively impact airlines in India