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Manu Kaushik
August 8, 2020
Experts say that the apparent cause of the accident seems like poor weather coupled with contaminated runway that could have prompted the pilot to take extremely poor braking action


BusinessToday.In
August 7, 2020
While Air India is the flag carrier airline of India, Air India Express is a wholly owned subsidiary of the national carrier


Reuters
August 7, 2020
British Airways, which had 42,000 staff at the beginning of the pandemic, has already agreed a jobs deal with pilots union BALPA for a pay cut of about 20% and some compulsory job cuts estimated around 270


PTI
August 7, 2020
On July 29, Air India had said on Twitter that passengers booking tickets through travel agents on international flights operating under the Vande Bharat Mission must not pay more than the fares mentioned on Air India's website


Associated Press
August 6, 2020
Lufthansa said it carried 96 per cent fewer passengers during the April-June quarter and experienced an 80 per cent drop in revenue, to 1.9 billion euros from 9.6 billion euros in the same quarter a year earlier


Reuters
August 5, 2020
The coronavirus pandemic was the final straw for Australia's second biggest airline, which had been unprofitable for seven consecutive years


PTI
August 4, 2020
India resumed domestic passenger flights from May 25 after a gap of two months due to the pandemic.


BusinessToday.In
August 4, 2020
Emirates is also one of the most-badly hit airlines as it only flies internationally and international travel has dropped to zilch


PTI
August 2, 2020
The low-cost carrier said in a press release it had chartered a wide-body A330neo aircraft from Portugese airline Hi Fly for this flight from Amsterdam in the Netherlands


BusinessToday.In
July 31, 2020
The stock has traded in a wide range of Rs 2.7. Stock price of Jet Airways, that suspended operations in April 2019, ended 4.84% higher at Rs 29.25 on BSE.


PTI
July 31, 2020
AAI had told its regional executive directors on Wednesday to work out modalities for implementing the cash and carry mode for SpiceJet


Manu Kaushik
July 30, 2020
IndiGo has daily cash burn of Rs 30 crore on the fixed costs side with variable costs on top of it. Low capacities are unable to cover the airline's higher costs. If persists, the airline might have to take some harsh decisions


PTI
July 30, 2020
On Tuesday, an airline industry trade group said air travel won't recover to pre-pandemic levels until at least 2024, a year longer than its previous forecast


Chitranjan Kumar
July 29, 2020
In a report submitted to the SpiceJet board, auditors said the airline has incurred losses during the current and previous year and its current liabilities exceeded current assets


BusinessToday.In
July 29, 2020
The company reported consolidated net revenue of Rs 23,938.7 crore during Q1 FY21, 15.4 per cent higher than Rs 20,737.9 crore in Q1 FY20


Chitranjan Kumar
July 29, 2020
SpiceJet said that the net loss in FY20 includes a non-cash loss of Rs 697 crore due to forex loss on the restatement of lease liability due to Ind-AS 116


BusinessToday.In
July 29, 2020
The company recorded a net loss of Rs 2,844 crore for the April-June quarter as against a profit of Rs 1,200 crore in the corresponding period of the previous year


Manu Kaushik
July 28, 2020
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


BusinessToday.In
July 28, 2020
As per the notification by the Department of Economic Affairs (DEA) that comes under the Finance Ministry, foreign investments in Air India, comprising that of foreign airlines shall not exceed 49 per cent


BusinessToday.In
July 27, 2020
Budget carrier IndiGo is planning to impose steeper salary cuts from September


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