Hit by the third wave of the COVID-19 pandemic and soaring fuel prices, airlines are flying towards record losses with a likely loss of a whopping Rs 20,000 crore for the full fiscal year, warns a report. The airlines are flying towards their steepest-ever net loss of over Rs 20,000 crore this fiscal, which will be 44 per cent more than Rs 13,853 crore they bled last fiscal, Crisil said in a report. This will push back the industry's recovery beyond fiscal 2023, the report based on three large listed airlines--Indigo, Spicejet, and Air India--which together command 75 per cent of the domestic traffic, warned.
Passengers will have to shell out more money for air travel from now as the civil aviation ministry on Thursday increased the lower and upper limits on domestic airfares by 10 to 30 per cent.
While Bhasin will be getting provident fund money and gratuity, he would not be getting leave encashment for 420 days, medical reimbursement for himself and wife, free passes for himself and wife, and holiday home facilities.
All people who have arrived in Saudi Arabia from European countries, as well as other states where the new coronavirus strain has emerged, will have to self-isolate at home for two weeks. Those who have visited these countries in the past three months will need to get tested for Covid-19, according to SPA.
India has realised that one can only deal with China from a position of strength and that is not palatable to Beijing, observes Dr Rup Narayan Das.
Ticket refunds remain a challenge, though Jet claims the amount would be credited in 7 to 10 working days after the request is processed.
According to the Daily Telegraph newspaper, Warner and Slater got into a late night physical altercation
Though tragic stories traditionally been avoided by Bollywood, there have been a few instances of this genre resulting in audiences making them commercial winners as well.
Only 30 flights per week will operate between India and the UK when services resume from January 8 and this arrangement will continue till January 23, Aviation Minister Hardeep Singh Puri had said on Friday.
The aviation regulator DGCA had on May 21 issued seven bands of ticket pricing with lower and upper fare limits.
Trent Boult, Finn Allen, Jimmy Neesham, Adam Milne and Scott Kuggeleijn, coaches and former players James Pamment and Shane Bond, Mike Hesson were the first to land in Auckland
Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken. During the lockdown period only special flights approved by aviation regulator Directorate General of Civil Aviation, medical evacuation flights and those carrying cargo, including medical equipment, to and from different parts of the country are operational.
Ministry of health and family welfare adds Hong Kong and Israel to the list of countries from where travellers would need to follow additional measures on arrival in India, including post-arrival testing considering the detection of new COVID variant 'Omicron' in South Africa.
Under the graded relaxation, the government has decided to restore with immediate effect all existing visas, except electronic visa, tourist visa and medical visa, the statement said.
SpiceJet announced it has started a five-day "1+1 offer sale" where it was offering one-way base fares starting as low as Rs 899, excluding taxes, on its domestic network.
The Malaysia Open Super 750 tournament, one of badminton's last two Olympic qualifying events, was on Friday postponed due to a recent COVID-19 surge in the host country, dealing a severe blow to the Tokyo hopes of Indian stars like Saina Nehwal and Kidambi Srikanth.
"We have found that a couple of international airlines are not adhering to the rules. Failure to adhere to rules shall entail strict action," said Director General of Civil Aviation Arun Kumar.
Labuschagne has admitted that being overlooked at the IPL auction turned out to be 'blessing in disguise'
Nitin Menon left the IPL bio-bubble after his wife and mother tested positive for COVID-19.
The Centre had on Thursday asked all states and union territories to conduct rigorous screening and testing of all international travellers coming from or transiting through South Africa, Hong Kong and Botswana, where the B.1.1.529 variant has been detected.
31 games (including the play-offs) in IPL 2021 are left to be played and October-November will be the only period when international players will be available since no country has any series scheduled in view of the T20 World Cup.
By 2023, Vistara's hangars will house a total of 70 aircraft, up from the current 42.
With 262 planes, IndiGo operated over 1,500 daily flights prior to March 24 but is now operating around 350 scheduled flights a day, which is putting a pressure on its finances.
Jet has been operating on international routes since 2004, being the first private airline to do so in decades, after it launched a Chennai-Colombo service in March that year.
Curtailment of flights between India and China will help Air India and other airlines to boost their seat occupancy and market share.
Hima Das is the first top track and field athlete to have received the vaccine.
Bayern's Mazraoui suffers heart complications due to COVID
Prime Minister Jacinda Ardern on Thursday announced that New Zealand will temporarily suspend the entry for all travellers, including its citizens, from India for about two weeks from April 11 due to a surge in COVID-19 cases among visitors to this country.
The Directorate General of Civil Aviation (DGCA) has released a draft procedure that calls for testing pilots, other aviation personnel and crew members for psychoactive substances before they take to the skies. The Indian civil aviation regulator has sought comments from stakeholders over the next 30 days before issuing a regulation to this effect. Asking airlines and airports to do random checks on crew and air traffic controllers, DGCA proposed that violators be suspended for a minimum of three years or their licence be permanently cancelled as maximum punishment.
When the sun rises in 2022, the Indian hospitality industry will be waking up with prayers for survival, desperately looking forward to some form of support from the government as revival from the impact of the coronavirus pandemic of the last two years will be an arduous journey. Just as the industry was beginning to see a flickering light at the end of a long tunnel towards the end of 2021, the spread of the Omicron variant of coronavirus and subsequent extension of suspension of scheduled international passenger flights till January 31, 2022, has come as a dampener to those who were looking to have some business in the winter season. With inbound tourist arrivals unlikely amidst the pandemic, the industry wants the government to incentivise domestic travels with income tax benefits for a limited period so as to help the hospitality and tourism sector get up again by tapping the pent up demand for holidays, within the country.
The country may become militarily impressive, pile on GDP and the durbar of the ruling party may fill with the wealthy indebted to the rulers for their riches. But the spontaneous camaraderie of a free people will diminish and with it, our shared ownership of the country, warns Shyam G Menon.
The four test pilots of the Indian Air Force, chosen for India's manned mission to space, have been undergoing training at the Yu.A. Gagarin Research and Test Cosmonaut Training Centre near Moscow since February.
All you must know about soccer's return to action after coronavirus
Over 50 per cent of all traffic to Jeddah consists pilgrims headed to Mecca and Medina.
The Ministry of External Affairs said the two ministers discussed the outstanding issues related to disengagement from all friction points along the Line of Actual Control in eastern Ladakh.
Desperate to get back to his ailing mother in Scotland, Real Kashmir FC coach David Robertson and his UK-based players' stay in Srinagar has got extended due to unavailability of chartered flights from the Valley. With his mother undergoing chemotherapy for cancer in Aberdeen, the coach is anxious and so is his co-owner, Sandeep Chattoo, who has been in constant touch with officials from the government, trying to work out a solution.
Ricky Ponting said it's a 'small issue' as compared to the chaotic situation outside the IPL bubble due to the lethal second wave of COVID-19 pandemic.
Prime Minister Narendra Modi was on Saturday briefed about the new 'Omicron' variant of the coronavirus, and he asked officials to review the plans to ease international travel restrictions in light of the 'emerging new evidence.'
Taking its crew to task for lack of discipline, Air India on Wednesday suspended a pilot and ten cabin crew members for delaying some recent flights, including an international service, by not reporting for duty on time.
The orders issued last Friday signed by an assistant general manager of the in-flight services, however, did not assign any reason for the suspension, sources said on Friday.
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