Tag: Airlines
15 Results
-
Air India may renegotiate contracts with key vendors
The loss-making Air India is likely to relook into some existing key contracts with its suppliers, including aircraft lessors and engine makers, as it seeks to trim costs ahead of stake sale by the government. Air India chief Rajiv Bansal, who has been working on ways to improve the airline’s on time performance (OTP) and …
Continue reading "Air India may renegotiate contracts with key vendors"
October 22, 2017 -
Domestic air passenger traffic crosses 10-mn-mark in May: ICRA
Domestic air passenger traffic crossed the 10-million-mark for the first time in India during May 2017, ratings agency ICRA said on Tuesday. According to an ICRA note, the growth in passenger traffic was achieved as a result of peak season demand, whereby the passenger load factor (PLF) for the domestic aviation industry touched a new …
Continue reading "Domestic air passenger traffic crosses 10-mn-mark in May: ICRA"
July 12, 2017 -
Airlines require specific GST clarifications: IATA
The International Air Transport Association (IATA) on 29 June said that clarification on specific issues with respect to the application of the Goods and Services Tax (GST) will help the airline industry keep up with international standards and principles. "Nonetheless there are still information gaps. We look forward to receiving the guidance notes to be …
Continue reading "Airlines require specific GST clarifications: IATA"
June 30, 2017 -
Chinese airlines introduces facial recognition
China Southern Airlines became the country's first carrier to use facial recognition at an airport in Nanyang city, Henan province, an official said on Thursday. The technology was put into use on Wednesday at the Jiangying Airport, reports Xinhua news agency. Passengers did not have to get a boarding pass at check-in, as cameras verified …
Continue reading "Chinese airlines introduces facial recognition"
June 29, 2017 -
With GST, airlines might face taxation air pockets
Airlines seem to be preparing for turbulence with the implementation of the GST regime as certain segments of aviation business, including movement of spare parts, might attract more taxes. While the Goods and Services Tax (GST) is set to be in place from 1 July, lack of clarity on certain areas pertaining to airlines business have …
Continue reading "With GST, airlines might face taxation air pockets"
June 11, 2017 -
IATA revises 2017 industry profitability outlook upwards
The International Air Transport Association (IATA) revised its 2017 industry profitability outlook upwards to $31.4 billion. According to IATA, airlines are expected to report a $31.4 billion profit up from the previous forecast of $29.8 billion. "This will be another solid year of performance for the airline industry. Demand for both the cargo and passenger …
Continue reading "IATA revises 2017 industry profitability outlook upwards"
June 7, 2017 -
Canada bans removing passengers from overbooked airplanes
The Canadian government has banned all airlines in the country from forcibly removing passengers from overbooked flights, officials said. In a letter issued on Thursday to the heads of all airlines that fly in and out of the country, Transport Minister Marc Garneau warned that an incident like the one injuring a passenger aboard a United …
Continue reading "Canada bans removing passengers from overbooked airplanes"
April 14, 2017 -
IndiGo operates 900 flights a day, sets industry record
Budget passenger carrier IndiGo on Saturday said that it flew 900 flights on April 7, 2017, setting the record for operating the highest number of flights ever by an Indian airline in the history of Indian civil aviation sector. "We at IndiGo are thrilled on having flown 900 daily flights for the first time yesterday. …
Continue reading "IndiGo operates 900 flights a day, sets industry record"
April 8, 2017 -
Despite bottom line pressure, FY17 to be the best for airlines
Airlines are likely to close the outgoing financial year with 22-23 per cent traffic growth, making it one of the best for the sector, even though the pressure on their bottom line is increasing as oil prices are on a northward-ho, says a report. "Airlines are maintaining healthy load factors backed by low fares. But …
Continue reading "Despite bottom line pressure, FY17 to be the best for airlines"
March 13, 2017 -
Airlines offer discounted fares on Holi
Some airlines have come up with special fares on the occassion of Holi for domestic travel over an extended period. Budget passenger carrier IndiGo has announced discounted fares starting as low as Rs 899 on various domestic routes across its operating sector. "Book tickets till 15 March 2017, for travel till 19 September 2017," the …
Continue reading "Airlines offer discounted fares on Holi"
March 11, 2017 -
Sri Lankan Airlines named ‘best in South Asia’
Sri Lankan Airlines, the island country's flag carrier, was named "the Best Airline in South Asia" by China's Top Travel magazine, the airline said on Friday. Sri Lankan Airlines was recently crowned the World's Leading Airline Operating to the Indian Ocean Region at the prestigious World Travel Awards and Best Full Service Airline in Central …
Continue reading "Sri Lankan Airlines named ‘best in South Asia’"
February 17, 2017 -
Sri Lankan Airlines named ‘best in South Asia’
Sri Lankan Airlines, the island country's flag carrier, was named "the Best Airline in South Asia" by China's Top Travel magazine, the airline said on Friday. Sri Lankan Airlines was recently crowned the World's Leading Airline Operating to the Indian Ocean Region at the prestigious World Travel Awards and Best Full Service Airline in Central …
Continue reading "Sri Lankan Airlines named ‘best in South Asia’"
February 17, 2017 -
MH370 passengers’ kin urge search resumption
Relatives of passengers on the missing Malaysia Airlines flight MH370 on Sunday said they will urge authorities to resume search operations that were called off on January 17. The petition will be presented to the transport ministers of the tripartite nations — Malaysia, China and Australia — who were involved in the search, and who …
Continue reading "MH370 passengers’ kin urge search resumption"
January 22, 2017 -
MH370 passengers’ kin urge search resumption
Relatives of passengers on the missing Malaysia Airlines flight MH370 on Sunday said they will urge authorities to resume search operations that were called off on January 17. The petition will be presented to the transport ministers of the tripartite nations — Malaysia, China and Australia — who were involved in the search, and who …
Continue reading "MH370 passengers’ kin urge search resumption"
January 22, 2017 -
Airlines to meet DGCA on panel to check on-time data claims
Several domestic airlines on Sunday confirmed that they will approach the aviation regulator to voice their concern over the committee recently constituted by it to look into on-time performance (OTP) parameters. The Directorate General of Civil Aviation (DGCA) has set up a committee, headed by Director General B.S. Bhullar, to probe possible discrepancies in on-time …
Continue reading "Airlines to meet DGCA on panel to check on-time data claims"
January 8, 2017