IATA predicts airline industry won't turn cash positive till Q4 of 2021, which is earlier than expected, thanks to the hope of Covid vaccines coming soon.
The new rules, part of a partial lockdown in UK to curb a resurgence of the coronavirus, come as the aviation industry struggles to survive a collapse in demand.
Southeast Asia’s budget carrier has been under immense pressure as the Covid pandemic roils the aviation industry. It reported its largest loss on record in the quarter ended June 30.
In a written reply to the Rajya Sabha, Union Minister Hardeep Singh stated that revenue of airport operators reduced to Rs 894 crore during April-June 2020 from Rs 5,745 crore last year.
IATA, which represents 290 carriers globally, said it doesn’t see passenger traffic recovering until at least 2024, and expects airlines to lose more than $84 billion in 2020.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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