Airbus A320neo aircraft will be powered by CFM Leap engines and are scheduled to be delivered to IndiGo in the second half of 2021, says BOC Aviation

When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively. Scheduled domestic flights were restarted in a limited manner from May 25

The aircraft will be powered by CFM Leap engines, the BOC Aviation in a release said

Aviation Ministry clarified that its previous order dated September 2, 2020, regarding opening of domestic flight operations and fare bands will remain in effect till February 24, 2021, or until further orders

Air India Express plane crash: New India Assurance, which is the primary insurer of Air India, has paid Rs 378.83 crore as a hull claim to the airline

Total number of passengers carried by domestic airlines during Jan-Sept stood at 4.4 crore against 10.58 crore during corresponding period of previous year, registering annual degrowth of 58.39 per cent

The aviation sector has been significantly impacted due to the travel restrictions imposed in India and other countries in view of the coronavirus pandemic

Even as SpiceJet is struggling in the passenger segment, it claims to have emerged as the largest air cargo airline in the country, ahead of carriers like IndiGo and Air India who have bigger fleets

Currently, the country's largest airline in terms of market share is operating around 600 flights per day, which is around 42 per cent of its pre-COVID-19 domestic schedule of around 1,420 services

India Stock Market Highlights Today: Britannia, NTPC, Hindalco, Airtel, IndusInd Bank, PowerGrid, ICICI were among the top losers today. On the other hand, Wipro, UPL, Eicher Motors, Titan and Bharti Infratel were among the top gainers

IndiGo's market share has grown even as all other major carriers have reported loss in market share

With the latest induction, SpiceJet will have a dedicated fleet of nine freighter aircraft consisting of five Boeing 737s, three Bombardier Q-400s and one Airbus A340

Experts say this is just a beginning of a painful road ahead for the sector as the demand for air travel continues to remain muted due to a variety of reasons. Since the opening up of the domestic aviation sector in late May, the capacities of airlines remain quite low - 30-35 per cent

Besides, third-party investors are unlikely to invest in any airline under the present conditions, and the companies have the only option to seek capital infusion from the promoters, it said

Airlines have taken to the skies after two months. But their pain is far from over

Of all the airlines, around 186 IndiGo passengers tested positive during this period, of which 6 lakh passengers flew with the airline. Considering the phased opening of the airspace, IndiGo now aims to run 50% of its total daily capacity

Even though IndiGo has been flying planes since May 25, a large part of its fleet is still not utilised. These are primarily due to the MoCA restricting the commercial flying capacity to 33 per cent for three month

The stock price of InterGlobe Aviation opened at Rs 950 and later touched an intraday high of Rs 963.70 on BSE, gaining 1.06% against last closing value of Rs 953.50.

Boeing said additional job cuts will be made in international locations, but it did not specify numbers

Except for GoAir, all other Indian airlines have opened bookings for their domestic flights that will start operating from May 25