Airlines globally are looking for ways boost their finances after the coronavirus crisis kept travellers at home
With domestic air travel resuming only from May 25th, analysts expect Q1 performance to be adversely impacted due to truncated size of operations & travel restrictions by state governments
Here are the top headlines of the day
SpiceJet will be the first Indian budget carrier to operate services to the United States
Conflicting news reports say Tatas want to sell their stake and exit, and that the Malaysian partner Air Asia Berhard wants to bow out.
From IT companies facing problems in hiring fresh candidates, Voda defaulting on June payments, TCS reporting fall in net profits, here are the top headlines on Friday morning
"Passengers can opt for the insurance cover ranging between Rs 50,000 and Rs 3,00,000 at a premium for as low as Rs 443 to Rs 1,564 a year (including GST)," the airline said.
Regular operations of the domestic airlines remained shut between March 25 and May 24 on account of a nationwide lockdown to curb the spread of the coronavirus pandemic
In a press release, the airline said it will help bring back close to 4,500 Indians stranded in the UAE, Saudi Arabia and Oman due to the coronavirus-induced lockdown.
SpiceJet has operated charter flights from the UAE, Saudi Arabia, Oman, Qatar, Lebanon and Sri Lanka to repatriate stranded Indian nationals
No-frills carrier SpiceJet has also cut domestic and international layover allowances for its pilots
It roughly needs around $5 million to convert a Boeing 737 and around $1.5 to convert a Q400 from a passenger aircraft to a cargo aircraft
Their handling of employees as the Covid-19 crisis played out revealed the true character of aviation sector players
IndiGo said SpiceJet's step ladder got detached from its parked position and hit its parked aircraft - the incident, which took place Saturday morning, is being probed by the authorities
DGCA was forced to relook at the middle seat policy after an Air India pilot had challenged the regulator's protocol, in Bombay high court, which allowed airlines to book all seats.
Business for Indian airlines stopped when the domestic and international services were first suspended in March to contain the spread of coronavirus. How will the airlines change after this crisis?
Earlier this month, the Directorate General of Civil Aviation (DGCA) granted exemptions to 13 groups to operate drones on an experimental basis
According to Elara Capital, IndiGo and SpiceJet could report a cumulative net loss of Rs 3,350 crore in Q4FY20, as against a profit of Rs 570 crore in Q3FY20 and Rs 650 crore in Q4FY19.
The three converted Q400 cargo planes will primarily be used for operations to smaller towns and cities
India resumed commercial domestic flights on Monday after a gap of two months and the first day saw high cancellations and nervous passengers trying to adapt to the new normal of flying.