Tag Aviation Industry
Germany: Lufthansa, Other Airlines Cancel 2,340 Flights, Affecting Nearly 300,000 Passengers
IATA Offers Free Training To Former Cabin Crew Transitioning Into Job Market
The International Air Transport Association (IATA) is offering an online training course to help laid-off airline cabin crew members re-enter the job market. The course will be offered free of charge for those who register between 9 and 23 February.…
Budget 2021-22: Highlights For Indian Aviation Industry
The Finance Minister of India, Nirmala Sitharaman has announced Budget 2021-22 for India yesterday on 1 Feb 2021. In the budget, the Aviation industry has received ₹3,797 crores this year. That is 2.62 per cent more than ₹3,700 crores allotted in…
Boeing Reports Fourth-Quarter Results
Fourth Quarter 2020 Financial results significantly impacted by COVID-19, 737 MAX grounding, and commercial widebody programs 777X program recorded $6.5 billion pre-tax charge; first delivery expected in late 2023 737 MAX began receiving regulatory approval to resume operations and restarted…
Domestic Air Passenger Traffic Drop By 56% In 2020: DGCA Data
According to the data revealed by Indian aviation regulator DGCA on Friday, 15 January 2021, a total of 6.3 crore domestic passengers travelled by air last year, 2020, which is 56.29 percent lower than 2019. Becausse of the Covid-19 pandemic,…
Air Canada To Layoff Approximately 1,700 Jobs
Air Canada announced Wednesday that it would cut its capacity by 25 percent, resulting in the loss of about 1,700 jobs at the airline. Air Canada announced on January 13 that it is adjusting its network under its COVID-19 Mitigation and…
Budget 2021: Aviation Industry Can Get Tax Benefits
As a relaxation for the aviation sector, which is hardest hit by the Covid-19 pandemic, the Govt. has hinted to give tax benefits in several taxes in the industry in the budget 2021. Usha Padhee, Joint Secretary, Ministry of Civil…
Domestic Aviation Will Return To Normal In 2-3 Months: Aviation Secretary
Civil Aviation Secretary Pradeep Singh Kharola, in a webinar organized by industry body FICCI, said that in the next two to three months, the domestic civil aviation sector is may return to normal. He said, “the sector remained resilient during the ongoing COVID-19 pandemic,…
Indian Airlines Demand $1.5 Billion Interest-Free Credit From Govt
Airlines in India are demanding at least $ 1.5 billion from the government as an interest-free credit line, said Civil Aviation Minister Hardeep Singh Puri, as lockdowns and restrictions related to the coronavirus pandemic hurt demand for air travel. The…