Delhi airport had as many as 80 flight cancellations, infuriating passengers. It would interest you to know that Delhi airport was supposed to handle around 380 domestic flights today
Chaos will make it even harder for airlines to recover from the impact of a two-month lockdown to contain the coronavirus, said analysts.
The lowest available one-way fare on the Delhi-Mumbai route for May 25 was Rs 6,674 for 8.30 am departure
Those who defend the caps say controlling fares is important because weaker airlines with hardly any cash reserves might be forced to close down
Given the nationwide lockdown and weak travel sentiment, global aviation consultancy CAPA revised downwards estimates for India's air traffic for the for FY21 from 80 to 90 million to 55-70 million
The move to allow flights comes after the government permitted resumption of passenger train services from May 12. Both rail and flight services have been suspended in India since March 25
In the forecast, Icra has included an aggregate of all the five private sector players -- IndiGo, SpiceJet, GoAir, Vistara and AirAsia India -- to make the balance sheet
Aviation minister's tweet caught airlines and airports off guard as they were preparing for a resumption from June 1
With indications of a longer period of air transport grounding, many airlines are looking at further cuts in employee salary.
The govt's move has divided the industry with executives of airlines and experts suggesting that government's intervention in pricing will be counterproductive
Commercial passenger flights and airport operations are suspended since the nationwide lockdown was imposed on March 24, causing crores in losses
Even as costs are lower, demand weakness likely to keep airlines in the red for most of FY21
Only those flying cargo aircraft will be paid according to the hours they fly
In a release dated April 15, SpiceJet had said that it was operating its first-ever B737 cargo freighter flight to China to carry Covid-19 related essential medical supplies from Shanghai to Hyderabad
One of the leasing companies started to pull out a few planes earlier this year after SpiceJet failed to pay maintenance fees due since late last year
Four of the country's top six airlines, which together control 80 per cent of the local market, are selling domestic flight tickets for as soon as the third week of May
Aircraft lease rentals account for around 15 per cent of an airline's overall expense and since these are paid in dollars are also subject to currency fluctuation.
Aviation minister Hardeep Singh Puri said in a tweet on Sunday that airline services shall remain suspended even after the lockdown is lifted on May 3.
It is the first such service in India. The plane will complete five rounds today
Low-cost airline SpiceJet had announced a 30 per cent pay cut for employees for March and announced "leave without pay' during March 25-31