Aviation

Amid rising student demand, Air India to double US flights

July 31, 2021 1:40:36 pm

The doubled frequency, however, is still half the 40 flights a week that Air India operated prior to the US government order in May banning travellers from India due to rising Covid-19 cases here.

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Billionaire investor Rakesh Jhunjhunwala plans 70 planes for new airline

July 28, 2021 4:44:48 pm

Jhunjhunwala, who is considering investing $35 million and would own 40% of the carrier, expects to get a no-objection certificate from India’s aviation ministry in the next 15 days, he said in a Bloomberg Television interview Wednesday.

IndiGo parent clocks highest-ever quarterly loss on 2nd wave hit

July 28, 2021 3:25:25 am

The company reported a consolidated net loss of Rs 3,174.20 crore for the June quarter, its highest quarterly loss ever, as against Rs 2,844.3 crore loss reported during the same quarter of the previous year.

AviationMin sets up three advisory groups to sort out sector ‘challenges’

July 22, 2021 3:07:00 am

“The groups shall meet regularly to deliberate upon issues and resolve challenges facing each sector. Orders have been issued for the same,” the ministry said in a statement. All the three groups will be chaired by Civil Aviation Minister Jyotiraditya Scindia.

Pratt & Whitney to advance its hybrid-electric propulsion technology

July 17, 2021 12:15:58 pm

It will be a clear opportunity for India to grow these segments in a sustainable manner, said Ashmita Sethi, president and country head of Pratt & Whitney.

Laptop, iPod as perks for Jet staff, but 95% need to approve plan

July 7, 2021 3:05:36 am

On June 22, the NCLT gave its nod for the consortium’s resolution plan, subject to conditions.

Jet Airways shares plunge 5% after earnings announcement

July 1, 2021 1:07:54 pm

Grounded carrier Jet Airways on Wednesday reported a loss of Rs 153.35 crore for the June quarter of the last financial year.

Jalan Kalrock Consortium to make Rs 1,375 crore cash infusion in Jet Airways

July 1, 2021 1:08:14 pm

Lenders will take a steep haircut on their admitted claims of over Rs 7,800 crore under the approved resolution plan.

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IndiGo announces up to 10% discount for Covid-19 vaccinated customers

June 23, 2021 2:38:45 pm

The customers who have been administered either one or both the Covid-19 vaccine doses can avail of a discount of up to 10 per cent on the base fare while booking, IndiGo said in a statement.

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Jet Airways timeline: From suspension to NCLT order on Jalan Kalrock Consortium’s resolution plan

June 22, 2021 5:12:50 pm

Jet Airways has been undergoing a resolution process under the Insolvency and Bankruptcy Code (IBC) for two years.

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Jet resolution gets NCLT green light; slot crunch may derail ops

June 23, 2021 7:17:36 am

Jet Airways had almost 21,000 creditors seeking claims of around $6 billion.

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Emirates Air posts $5.5 billion loss as virus disrupts travel

June 15, 2021 1:13:29 pm

The Dubai-based airline said revenue had declined by $8.4 billion, even as operating costs decreased by 46%.

Indigo flight’s tyre bursts while landing in Hubballi, passengers safe

June 15, 2021 12:25:55 pm

According to an official at the airport, the plane had touched down first 8.03 pm on Monday but due to cross wind, it took off immediately and went around.

Five senior Air India pilots die of Covid in May, vaccine drive hit by scarcity

June 3, 2021 6:55:51 am

On May 4, following a threat by its pilots to stop flying if not vaccinated, Air India had said it would organise camps to inoculate all of its employees by the end of May.

Flights see passengers down to tenth of February peak

May 30, 2021 6:51:06 am

The sharp plunge in air passenger traffic has prompted the government to reduce the number of flights that airlines could operate on domestic routes.

International flights to remain suspended till June 30

May 28, 2021 5:17:41 pm

However the restriction shall not apply to the international all-cargo operations and flights specifically approved bythe DGCA, the order said.

‘Monitor situation’: DGCA to airlines on Belarus airspace

May 27, 2021 3:00:24 am

Several European airlines including Lufthansa, KLM, Finnair and AirBaltic have started skirting Belarusian airspace. Vistara and Air India fly over Belarus for their flights to Europe.

Frequent flyers warned about sitting on mountain of unused miles

May 19, 2021 11:39:34 am

Airlines are typically secretive about the earnings tied to their loyalty programs. For some, the sale of miles -- mostly to the large banks that issue their co-brand credit cards -- is a higher-earning activity than their traditional business of flying people from place to place.