Tag: Aviation sector

IT issues force cancellation of 43 British Airways flights

IT issues have forced the cancellation of 43 British Airways flights scheduled to depart and arrive into London's Heathrow airport.

May 26, 2023

COVID-19 pandemic takes a toll on Rolls-Royce as it plans to axe 9,000 jobs

Rolls-Royce employs 52,000 people overall and didn't specify which regions would take the hardest blow.

May 20, 2020

SpiceJet grounds three B737 freighter on IAI advice

The budget carrier has a fleet of 118 planes, including the freighters.

December 13, 2019

GST on overseas air tickets is violation of international norms: IATA chief

The aviation sector in India charges 5 per cent and 12 per cent GST on economy and business class tickets, respectively

September 4, 2018

Slash taxes if you want aviation to grow: IATA to Indian govt

If India wants its aviation sector to grow, it should lower the entire burden of taxes and charges on it, global airlines body IATA has said. "We have always said to the (Indian) government to please lower the taxes if you want aviation sector to develop and bring much more prosperity and much more additional...

June 11, 2017

Boeing plans to cut staff in May

Aerospace company Boeing is all set for "involuntary layoffs" in may, media reports said. On Friday, Workers at the company's Washington state factories were informed by their union that Boeing had issued a federally-required notice that "involuntary layoffs were scheduled for May", CNN Money reported. A Boeing spokesman confirmed the 60-day notice, but declined to...

March 18, 2017

Airbus’ flying car project is called Vahana

If we were to sum up the world’s auto manufacturing scene in one sentence, it would be this: every single company is, directly or indirectly, either working towards or hoping to begin working towards an all-electric and autonomous means of transport. And we aren’t exaggerating! But Airbus has other plans. For the European aviation company,...

January 20, 2017