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Covid resurgence to delay Indian airports' passenger recovery: Moody's

Read more about Covid resurgence to delay Indian airports' passenger recovery: Moody's on Business Standard. The rapid increase in new coronavirus cases is credit negative for Indian airports: report

Delhi , India , Hyderabad , Andhra-pradesh , Delhi-international-airport-limited , Moody-investors-service , Hyderabad-international-airport-ltd , Moody , Investors-service , International-airport-ltd , Aviation

Covid: No meal service on flights shorter than 2 hours, says govt

Read more about Covid: No meal service on flights shorter than 2 hours, says govt on Business Standard. This comes as coronavirus cases continue to soar in the country

Civil-aviation-ministry , Aviation , Airline , Airlines-latest-news , Airlines-latest-updates , Airport , Flights , சிவில்-விமான-போக்குவரத்து-அமைச்சகம் , விமான-போக்குவரத்து , வானெறி , விமான-நிறுவனங்கள்-சமீபத்தியது-செய்தி

US fund Interups enters Indian skies with 49% stake purchase in Trujet

US-based fund Interups will pick up 49 per cent stake in Trujet, the companies announced in a joint statement today. The exact investment sum is yet to be finalised.
Trujet began operations as a regional airline in 2015 and now serves 21 destinations with seven ATR-72 aircraft. The investment will help fund the airline’s expansion and mark Interups’ foray in Indian aviation.
The airline has faced operational challenges in the past due to intermittent funding from its promoters leading to lack of spares and engines, industry sources said. Megha Engineering and Infrastructure Limited (MEIL) is majority owner of the airline.
Interups has been promoted by chartered accountant Laxmi Prasad, a native of Andhra Pradesh. Earlier it had bid for Air India but withdrew its offer as the airline’s employees were unwilling to join hands for the bid. Interups has also bid for several stressed assets including Lavasa Corporation, Asian Colour Coated Steel and Reliance Naval. It had even shown interest to acquire 49 per cent stake in AirAsia India held by its Malaysian promoter but was rebuffed by the Tata group.

Malaysia , India , Malaysian , Laxmi-prasad , Infrastructure-limited , Air-india , Lavasa-corporation , Asian-colour-coated-steel , Airasia-india , Aviation , Airline , Airlines-latest-news

Domestic airport sector to incur net loss of Rs 5,400 cr this fiscal: Icra

The domestic airport sector is expected to incur a net loss of Rs 5,400 crore, and cash loss of Rs 3,500 crore in FY21, impacted by a 66 per cent year-on-year slip in passenger traffic amid COVID-19 induced travel restrictions, rating agency Icra said in a note on Monday.
It also said that given the significant delays in tariff orders in the past, timely tariff orders of regulator Airports Economic Regulatory Authority, which adequately compensates for the ongoing Capex and revenue loss due to COVID remains critical from the credit perspective.
According to the agency, domestic passenger traffic may drop by 61 per cent, while the international passenger traffic will nose dive by 85 per cent in 2020-21.

Shubham-jain , Group-head-at-icra , Airports-economic-regulatory-authority , Senior-vice-president , Group-head , Aviation , Airline , Airlines-latest-news , Airlines-latest-updates , Airport , Flights , சுபம்-ஜெயின்

IndiGo, SpiceJet & GoAir had on-time performance of 93.7 pc, 76.9 pc and 72.8 pc in Jan: Puri

IndiGo, SpiceJet and GoAir had on-time performance (OTP) of 93.7 per cent, 76.9 per cent and 72.8 per cent, respectively, in January this year, Civil Aviation Minister Hardeep Singh Puri said on Wednesday.
IndiGo's OTP was highest among the three airlines in November and December last year too, stated data presented by Puri in his written reply to a question in Rajya Sabha.
IndiGo's on-time performance in November and December 2020 was 97.5 per cent and 94.7 per cent, respectively, the minister mentioned.
While SpiceJet's OTP was 91.7 per cent and 79.2 per cent in these two months, GoAir's on-time performance was 84 per cent and 77.8 per cent, he added.

Rajya-sabha , Hardeep-singh-puri , Spicejet , Civil-aviation-minister-hardeep-singh-puri , Directorate-general , Civil-aviation , Aviation , Airline , Airlines-latest-news , Airlines-latest-updates , Airport , Flights

Flight passengers not wearing masks properly must be put on no-fly list: HC

Read more about Flyers wearing masks incorrectly be put on no-fly list: Delhi HC tells DGCA on Business Standard. Delhi High Court judge blasts alleged callous attitude of passengers of Air India's Kolkata-Delhi flight on March 5

Kolkata , West-bengal , India , Delhi , Justicec-hari-shankar , Anjana-gosain , Air-india , Ministry-of-health , Delhi-high-court , Directorate-general , Civil-aviation , Family-welfare

Five domestic airlines to resume operations from Mumbai airport T1 on Wed

The city airport has said five domestic airlines will be operating 102 flights to 27 destinations on day one of the resumption of flight operations from Terminal-1 on Wednesday.
The operations from T1, which serves domestic passengers, remained suspended even after a restart of domestic air services in the country on May 25 last year following a two-month suspension of air services in late March to contain the pandemic.
As of now, all operations -- domestic and international (under various special initiatives) -- at Mumbai airport is being carried out from Terminal 2 (T-2).
The resumption of services from T1 will help maintain social distancing measures, uphold passenger safety, and ensure a seamless transit, Chhatrapati Shivaji Maharaj International Airport (CSMIA) said in a statement on Monday.

Mumbai , Maharashtra , India , Common-use-self-service , Airasia , Star-air , Chhatrapati-shivaji-maharaj-international-airport , Aviation , Airline , Airlines-latest-news , Airlines-latest-updates

HC quashes criminal case against Air India, AAI execs in Mangaluru crash

The Karnataka High Court has set aside a criminal case against senior executives of Air India, Airport Authority of India (AI) and Directorate General of Civil Aviation (DGCA) in connection with the 2010 Air India Express accident in Mangalore.
The High Court has held that a magistrate court in Mangaluru which initiated the proceedings against the officials did not follow due process of law and overlooked the court of inquiry’s report on the accident.
An Air India Express Boeing 737 aircraft crashed at Mangalore airport on May 22, 2010 killing 152 passengers and six crew members. The aircraft which was returning from Dubai (flight no IX-812) overran the runway and fell down the hill on the end of the runway.

India , Mangaluru , Karnataka , Dubai , Dubayy , United-arab-emirates , Mangalore , Narayana-pai , Justice-ashokg-nijagannavar , Yeshwant-shenoy , Anjana-gosain , Air-india

Air passenger demand globally falls further: Global body IATA

Read more about Air passenger demand globally falls further: Global body IATA on Business Standard. IATA has said air passenger traffic fell in January

China , Asia-pacific , International-air-transport-association , Lunar-new-year , Alexandre-de-juniac , Aviation , Airline , Airlines-latest-news , Airlines-latest-updates , Airport , Flights , சீனா

Alliance Air launches flights from Bilaspur under UDAN scheme

Read more about Alliance Air launches flights from Bilaspur under UDAN scheme on Business Standard. Alliance Air is a subsidiary of Air India

India , Ambikapur , Chhattisgarh , Raipur , Surajpur , Uttar-pradesh , Surguja , Raigarh , Jagdalpur , Delhi , Bilaspur , Jabalpur