Page 8 - Airlines
Websites of airlines, banks, tech firms recover from brief global outage
Websites of Delta Air Lines, Costco Wholesale Corp , American Express and Home Depot were down, displaying domain name system (DNS) service errors.
 "Websites of airlines, banks, tech firms recover from brief global outage")
Financial bids for Air India likely to be received by Sep 15: Minister
Financial bids for Air India are likely to be received from qualified interested bidders by September 15 this year, Minister of State for Civil Aviation V K Singh said on Thursday
 "Financial bids for Air India likely to be received by Sep 15: Minister")
Switch to free market is aviation minister Jyotiraditya's biggest challenge
The undercurrent mindset favours protectionism, with the govt deciding the capacity airlines can deploy and the maximum and minimum fare they can charge
 "Switch to free market is aviation minister Jyotiraditya's biggest challenge")
Mumbai airport passenger volumes register 60% increase in June
Volumes were hit by the second wave of the pandemic in the early part of the year
 "Mumbai airport passenger volumes register 60% increase in June")
Cash-rich Singapore Airlines aims for regional dominance as rivals downsize
Singapore Airlines, flush with $16 billion raised since the start of the pandemic thanks to help from a state investor, is in a position of dominance among its Southeast Asian rivals as they downsize
 "Cash-rich Singapore Airlines aims for regional dominance as rivals downsize")
India's domestic traffic was 71% lower in May 2021 compared to May 2019
The IATA, which has around 290 airlines as its members, said the domestic passenger traffic across the world in May 2021 was 23.9 percent less than the figures of May 2019.
 "India's domestic traffic was 71% lower in May 2021 compared to May 2019")
International travel stagnant, cargo demand solid: Airlines' group
Only 1.3 million international passengers flew on the region's carriers in May, representing just 4.3 per cent of the volumes carried in the corresponding month of 2019.
 "International travel stagnant, cargo demand solid: Airlines' group")
Suspension of scheduled int'l passenger flights extended till July 31
India has formed air bubble pacts with around 24 countries including the US, the UK, the UAE, Kenya, Bhutan and France.
IndiGo's reduces emissions by 5% via ground support equipment automation
Airline major IndiGo has reduced emissions by about 5 per cent via its ground support equipment automation.
 "IndiGo's reduces emissions by 5% via ground support equipment automation")
Asia-Pacific airlines fare worst among regions, capacity declines 86.3%
The International Air Transport Association, in a report published earlier in June stated that Asia-Pacific airlines fared the worst among various regions.
 "Asia-Pacific airlines fare worst among regions, capacity declines 86.3%")
Air traveller numbers treble from May low as states get into unlock mode
But the grim reality is that the average daily passengers for June from the second week is still around 40 per cent of the levels reached in March when it rose to 313,000 passengers a day
 "Air traveller numbers treble from May low as states get into unlock mode")
Cash-strapped airlines push for single pilot ops: It's a reckless idea
Booming demand for air travel comes up against shortage of aviators, forcing industry to cut corners.
 "Cash-strapped airlines push for single pilot ops: It's a reckless idea")
Financial institutions, airlines briefly hit by internet outages
The Hong Kong Stock Exchange said in a post on Twitter Thursday afternoon Hong Kong time that its site was facing technical issues and that it was investigating
 "Financial institutions, airlines briefly hit by internet outages")
Bank, airline websites go dark briefly in international internet outage
Website tracker flags hundreds of user complaints about outages affecting Southwest, Delta Air Lines Inc. and Automatic Data Processing Inc
 "Bank, airline websites go dark briefly in international internet outage")
These are the most punctual airlines and airports in the world
Japan Airlines and Tokyo's Haneda Airport climbs to the top for punctuality as aviation starts picking up.
 "These are the most punctual airlines and airports in the world")
Aviation firms in talks with banks to raise debt under modified ECLGS
On Sunday govt allowed firms in civil aviation sector that are facing headwinds to borrow up to Rs 200 cr fresh loan under the scheme
 "Aviation firms in talks with banks to raise debt under modified ECLGS")
Indian airlines may post $4.1 billion consolidated loss this fiscal: CAPA
Airlines are estimated to need closer to $5 billion of recapitalisation in 2021-22 just to survive, including requirements generated through the course of 2020-21, it said.
 "Indian airlines may post $4.1 billion consolidated loss this fiscal: CAPA")
Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis
Go First cuts pay by 16%, while IndiGo and SpiceJet enforce leave without pay and pay-by-the-hour, respectively
AirAsia India extends free cancellation, rescheduling in states on lockdown
The free cancellation and rescheduling facility for the flights to and from Telangana has been extended to June
 "AirAsia India extends free cancellation, rescheduling in states on lockdown")
Domestic flights to cost more as govt raises minimum airfares by 13%-16%
Flights with duration between 40 minutes to one hour will have fares at a lower limit of Rs 3,300. The fares for such flights were earlier capped by the ministry at Rs 2,900
 "Domestic flights to cost more as govt raises minimum airfares by 13%-16%")
