Air passengers are "eagerly" awaiting the return to normalcy of flight operations and are looking forward to international leisure travel, a survey by Mumbai airport operator MIAL has claimed.
The flight paralysis underscores how deep and lasting the pandemic's damage is proving to be
Rating says airlines operated at much lower capacity of about 27% this July compared to July 2019 level, but there was a marginal rise over the 25% capacity achieved in June 2020
Moreover, the overall domestic passenger traffic was 86.5 per cent less in June 2020 than what was observed a year ago, the global airlines body added
The passenger load factor of major scheduled commercial airlines stood between 54 per cent and 68 per cent, which means carriers were able to fill up to two thirds of the total seats in June.
Moreover, the occupancy rate or load factor for five out of six major Indian airlines was between 50 and 60 per cent in June 2020, it said
Airlines are unlikely to recoup this loss as growth is not expected to return to pre-pandemic levels of double-digit increase at least in the medium term, CRISIL Research said.
Air India has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay
IATA said the region's airlines will see passenger demand measured in revenue passenger kilometres collapse 53.8 per cent this year
The Tata group is likely to tie up with other financial investors to acquire its Malaysian partner's 49 per cent stake in AirAsia India, said banking sources.
When it comes to concerns related to flying, 31 per cent of the customers expressed fear of exposure to coronavirus during the journey
A formal order has not been issued but UAE airlines, including Air Arabia, Emirates, Etihad and Flydubai, were verbally informed of the decision on Thursday.
Activists from multiple unions protested at Air France headquarters at Paris' Charles de Gaulle Airport as talks began Friday
The aviation sector has been hit hard by the pandemic and all airlines in India have resorted to cost-cutting measures like pay cuts to survive the crisis
The ministry said the rule was being updated so that cured people don't face hardship in travelling by flights
Although limited in number, charters are lucrative for airlines
InterGlobe Aviation, the parent firm of IndiGo, on Tuesday reported a net loss of Rs 871 crore in the March quarter and would not be doling out any dividend
Last week, PIA grounded 150 pilots with "dubious licenses" after the preliminary probe report of the Karachi plane crash on May 22 blamed pilots and and air traffic control for the tragedy
After being stranded in the US for over two months, he finally came back to India under the government's national repatriation scheme. Abhishek Waghmare gives a first-person account of the experience
The apex court dismissed a plea against a Bombay High Court order that allowed middle-seat occupancy on domestic flights