Earlier this month, the Directorate General of Civil Aviation (DGCA) granted exemptions to 13 groups to operate drones on an experimental basis
According to Elara Capital, IndiGo and SpiceJet could report a cumulative net loss of Rs 3,350 crore in Q4FY20, as against a profit of Rs 570 crore in Q3FY20 and Rs 650 crore in Q4FY19.
The three converted Q400 cargo planes will primarily be used for operations to smaller towns and cities
India resumed commercial domestic flights on Monday after a gap of two months and the first day saw high cancellations and nervous passengers trying to adapt to the new normal of flying.
Delhi airport had as many as 80 flight cancellations, infuriating passengers. It would interest you to know that Delhi airport was supposed to handle around 380 domestic flights today
Chaos will make it even harder for airlines to recover from the impact of a two-month lockdown to contain the coronavirus, said analysts.
The lowest available one-way fare on the Delhi-Mumbai route for May 25 was Rs 6,674 for 8.30 am departure
Those who defend the caps say controlling fares is important because weaker airlines with hardly any cash reserves might be forced to close down
Given the nationwide lockdown and weak travel sentiment, global aviation consultancy CAPA revised downwards estimates for India's air traffic for the for FY21 from 80 to 90 million to 55-70 million
The move to allow flights comes after the government permitted resumption of passenger train services from May 12. Both rail and flight services have been suspended in India since March 25
In the forecast, Icra has included an aggregate of all the five private sector players -- IndiGo, SpiceJet, GoAir, Vistara and AirAsia India -- to make the balance sheet
Aviation minister's tweet caught airlines and airports off guard as they were preparing for a resumption from June 1
With indications of a longer period of air transport grounding, many airlines are looking at further cuts in employee salary.
The govt's move has divided the industry with executives of airlines and experts suggesting that government's intervention in pricing will be counterproductive
Commercial passenger flights and airport operations are suspended since the nationwide lockdown was imposed on March 24, causing crores in losses
Even as costs are lower, demand weakness likely to keep airlines in the red for most of FY21
Only those flying cargo aircraft will be paid according to the hours they fly
In a release dated April 15, SpiceJet had said that it was operating its first-ever B737 cargo freighter flight to China to carry Covid-19 related essential medical supplies from Shanghai to Hyderabad
One of the leasing companies started to pull out a few planes earlier this year after SpiceJet failed to pay maintenance fees due since late last year
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