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.
Even airlines that received govt bailouts & slashed costs are looking for new revenue streams as they burn through cash while fleets are largely grounded.
As per the BMC, there are 1,025 officially approved hoardings in the city right now. However, any Mumbaikar can tell you that number is a ludicrous underestimate.
Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.
The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.
Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?
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