The airline will use the net proceeds to repay a chunk of the 9 billion euro government bailout it received last year to stay afloat throughout the Covid pandemic
The lower and upper limits on airfares will remain for 15 days at any given time and the airlines will be free to charge without any limits from the 16th day onwards, the Civil Aviation Ministry said.
The carriers have been operating 72.5 per cent of their pre-Covid domestic flights since August 12
Chief commercial officer to replace Leslie Thng who joins Singapore Airlines
Vistara announced the change of guard at the airline, bringing in its Chief Commercial Officer Vinod Kannan as the new CEO in place of Leslie Thng
First flight between Delhi & Mumbai in Q1 of 2022
The 74-year-old Italian airline Alitalia announced it will cease to fly from October 15
British Airways said on Wednesday it will resume its Chennai-London flights, which had stopped in May last year due to COVID-19, from Thursday onwards.
Move could lead to aero-political dispute; clubbing separate agreements into one and capping number of seats could also see spike in airfares
SpiceJet plans to bring the aircraft back in service by Sep-end
Draft proposal: Violation to invite three years of suspension to permanent cancellation of licence
Many businesses are set up in downturns and often the best deals are struck in troubled times
It is in talks with multiple private equity investors as it tries to sell shares in the logistics arm to raise money
On Friday the govt hiked minimum and maximum fare slabs by 12.5%
The limit has been increased from 65 per cent capacity on which airlines were operating since June 6
They have also urged the government to resume international air travel without limiting capacity
Govt price cap was effective till July 31 and it was reintroduced Sunday evening, giving airlines time to sell their inventory at competitive prices
However, international scheduled flights may be allowed on selected routes by the competent authority on a case-to-case basis, says DGCA
Indian skies are dominated by low-cost carriers (LCCs) including IndiGo, SpiceJet, GoFirst and AirAsia India, with the majority of them operating a fleet of Airbus' narrowbody planes.
The fuel needle is moving closer to empty at some U.S. airports. American Airlines says it's running into fuel shortages at some smaller and mid-size airports, and in some cases the airline will add refueling stops or fly fuel into locations where the supply is tight. The airline said that the shortages showed up first in the West, where they could affect efforts to fight wildfires. They are now being reported in other parts of the country and will last through mid-August, according to a company memo to pilots on Monday. It asked pilots to conserve fuel by, for example, leaving one engine off while taxiing. American said fuel supplies are being squeezed at several airports, which it didn't name, mostly because of a shortage of tanker trucks or drivers. Delta Air Lines, meanwhile, said Reno, Nevada, is the most affected location. Delta said pipelines have been devoting more space to gasoline and diesel and less to jet fuel during the pandemic. Nevada politicians worry that the ...