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Friday, November 1, 2024
TopicAirline industry

Topic: airline industry

Airlines struggle to get passengers, democratic erosion in Latin America & other Covid news

As the Covid-19 pandemic shows no signs of letting up, ThePrint highlights the most important stories on the crisis from across the globe.

Indian airlines face risk of extinction as Modi govt refuses to rescue them

Indian airlines need $2.5 billion to keep flying, but Modi govt hasn’t doled out funds to industries or airlines backed by private businesses or billionaires.

IndiGo’s Rahul Bhatia considering bidding for Richard Branson’s collapsed Virgin Australia

Rahul Bhatia is evaluating data of Virgin Australia, which collapsed 2 months ago, and is finalising a strategy but no decision has been made.

Airlines and airports will need very expensive revamp to survive in the virus era

Airlines have been burning through $10 billion a month as passenger totals have tumbled more than 90 per cent during the past month.

How coronavirus will forever change airlines and the way we fly

Changes in cabin configurations, passenger testing, and a switch to only essential travel may become the norm soon.

Modi govt told airlines to stop selling tickets, but they still are

Aviation Minister Hardeep Singh Puri reiterates that no commercial flights will be allowed to operate until the spread of coronavirus has been controlled.

For global airline industry, Covid-19 crisis is going to be bigger than 9/11 aftermath

IATA says airlines worldwide could lose $252 billion in revenue this year and burn through as much as $61 billion in the second quarter as travel slumps.

These airlines could go bankrupt due to the coronavirus crisis

Using Z-score method to predict bankruptcies, Bloomberg News filtered out listed commercial airlines to identify the ones most at risk of going bust.

Global airlines carnage deepens as Singapore Airlines, Emirates slash flights

Airlines, estimated to be facing more than $100 billion in lost revenue this year, are being forced to make unprecedented groundings and furloughing staff.

Wealthy turn to private jets to duck airlines and cut coronavirus risk

Commercial airlines have been among the hardest hit. Many have had to suspend flights as the coronavirus outbreak has curbed demand for travel.

On Camera

16th BRICS Summit was about building dollar-free world order. India can use it to expand trade

For New Delhi, a USD-free system is not an immediate priority nor an existential necessity to unconditionally support the China-Russia agenda.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

From 2004 to 2024, bad news has come wrapped as good news for Congress

Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.