Indian airlines are currently carrying 60 per cent of the total pre-Covid domestic passengers and this is better than most countries in the world
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US based firm has $28 mn market cap, has already bid for several bankrupt firms in India such as Lavasa Corp, Asian Colour Coated Steel and Reliance Naval
Indian aviation industry is expected to report a net loss of Rs 21,000 crore in the current financial year against a net loss of Rs 12,700 crore in FY20 due to lower revenues and high fixed costs
IATA calls on governments to support the industry during the coming winter season with additional relief measures
On Saturday, the regulator had said that a scheduled flight will be suspended for a period of two weeks if anyone is found taking photographs inside the plane
In-flight meals were banned when air transport had resumed on 25 May to counter the spread of the virus
The full service carrier, which shuttered operations in April last year, had a loss of Rs 766.13 crore. These figures are for standalone comprehensive losses
Captain Gaurav Taneja, a popular Youtuber, tweeted on June 14 that he has been suspended by AirAsia India 'for standing up for safe operations of an aircraft and its passengers'
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?
Flights were grounded for seven days in March but weak sentiments worsen fall
During April-June, the Indian tourism industry is expected to book a revenue loss of Rs 69,400 crore, denoting a year-on-year (y-o-y) loss of 30 per cent
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The country banned international flights for a week on March 20, and many states in the country have either curtailed or suspended public transport as preventive measures against the disease.
Coronavirus outbreak will have a severe impact on the tourism and aviation industry of both China and that of the wider region
IndiGo, SpiceJet and Air India Express are planning to cut the number of flights to Saudi Arabia and Dammam
Puri noted that India is going through a "phase of rapid and aggressive structural adjustment", the statement said
From good times, India's airlines flew into hard times last year, with cut-throat competition ensuring cheap tickets but also pushing some companies in the red. Here is what 2020 might hold for them
Airbus said last week it had agreed to set aside up to 3.6 billion euros to settle a corruption probe by authorities in France, Britain and the United States
Despite phenomenal growth, Indian aviation has been a mixed bag with many lost opportunities