Tuesday, 17 May, 2022
TopicAviation industry

Topic: Aviation industry

Indian airlines suffer over Rs 15,000 cr losses in FY 2020-21, Air India & IndiGo worst-hit

In comparison, Indian carriers suffered a loss of Rs 5,497.24 crore in FY 2019-20 and Rs Rs 6,709.43 crore in FY 2018-19.

Airlines try ultra-cheap fares to get the world flying again

2021 is shaping up to be a transition year for an enterprise that takes passengers on the equivalent of 208 million annual trips around the globe.

Covid passports emerge as key for aviation industry to restart international travel

The vaccine news has prompted a spate of technology-led moves to devise mechanisms to monitor travelers’ Covid credentials and combat false claims from people desperate to fly.

Travel rebound hopes hit by delay in Hong Kong-Singapore bubble

Despite less intense outbreaks in these cities, a recent uptick in cases in Hong Kong proved enough to delay the start of the air corridor between the two financial hubs.

Airbus bets small is beautiful as A220 chases post-Covid sales

The single-aisle plane, which seats as few as 100 passengers, can offer low operating costs and a flexible platform for long and short missions.

IndiGo to trim fleet size over 2 years as Covid pandemic rages on

IndiGo CEO Ronojoy Dutta said the airline hasn’t engaged in any 'major renegotiation' with Airbus SE on new deliveries, but it will keep returning as many as 40 older planes a year.

Intense, surreal — the story of an airplane parking lot in the middle of nowhere

More than 100 planes are stored at the Asia Pacific Aircraft Storage facility in Australia, which can keep jets maintained and ready to be brought back into service when needed.

Boeing could sell its 3-decade old Seattle-area jetliner HQ to cut costs

Boeing is slimming down its manufacturing base around Seattle & planning to close a production line, as the aircraft market has been gutted by the pandemic.

Boeing 737 Max declared safe to fly, Europe’s aviation regulator says satisfied with changes

The comments mark the firmest endorsement yet from a major regulator of Boeing’s goal to return its beleaguered workhorse to service by year-end, following numerous delays and setbacks.

Singapore Airlines is planning flights to nowhere

According to reports, the airline is planning flights that start and end at the same airport, and may offer staycations at Singapore's hotels, shopping vouchers & limousine rides.

On Camera

YourTurn

Bad timing could hamper LIC IPO

Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.

Defence

Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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