Airlines
Air India offers voluntary retirement scheme to its staff again
The VRS offer will be available for permanent general cadre officers who have attained the age of 40 years or above and completed a minimum of five years of continuous service at the airline. Clerical and unskilled categories of employees who have completed a minimum of five years of continuous service at Air India will also be eligible to opt for VRS.
'Indian aviation industry gradually moving out of turbulent phase'
Moreover, the industry has witnessed improved pricing power, as reflected in the healthier yields and thus the revenue per available seat km - cost per available seat kilometre (RASK-CASK) spread of the airlines. The same is expected to continue, given the sequential decline in aviation turbine fuel (ATF) prices from the peak of June 2022 and the anticipation of relatively.
Air India resumes Delhi-Copenhagen flight after 3 yrs
This service will further strengthen Air India's foothold in Europe, after the recently resumed flights to Vienna and Milan, the airline said. Passengers can now conveniently fly non-stop to Copenhagen, a popular tourism and business centre and an educational hub of Europe.
Spreading Wings: Akasa Air plans to procure over 100 aircraft
Akasa Air has completed six months of operation, and with the delivery of one aircraft every 15 days, the airline has reached a fleet size of 17 aircraft and has flown over one million passengers since its launch in August 2022. Akasa Air has been expanding its network across the country in a phased manner with a commitment towards making travel accessible in India through the introduction of routes in Tier 2 and 3 cities.
'Higher passenger traffic, free pricing, lower costs make tailwind for Indian airlines profitability next fiscal'
"India's airlines industry, for the first time since the onset of pandemic, is expected to be back in black next fiscal. The industry is also likely to pare its net loss by 75-80 per cent on-year to Rs 3,500-4,500 crore this fiscal, compared with about Rs 17,500 crore last fiscal," CRISIL said. Strong recovery in passenger traffic and easing cost pressures are supporting this turnaround in operating performance of airlines.
'Uphold ethical standards or face disciplinary action': Air India tells cabin crew
Sources said that the airline's in-flight safety department gave instructions on Monday not to engage in any of the acts which are against the TCOC (Tata Code of Conduct). As per sources, the communication was issued against the backdrop of a recent incident where a wide-body plane pilot allegedly was caught with two iPhone14 at the Delhi airport and was asked to pay Customs duty because of that.
DGCA orders probe as Indigo passenger reaches Udaipur instead of Patna
The incident took place on January 30 when passenger Afsar Hussain had to board an Indigo flight to Patna from Delhi airport. However, he boarded the Indigo flight to Udaipur by mistake and he realised this only after reaching there. Sources said that it is a matter of investigation that why his credentials were not checked properly while he was boarding the wrong flight.
IndiGo reports net profit of Rs 1,422 crore in Q3
The airline reported a net profit of Rs 1,422 crore, compared to net profit of Rs 1,298 million (Rs 129.8 crore) as compared to the same period last year marking over 10 times growth. As per the results declared by InterGlobe Aviation Ltd on Friday, total income for the quarter ended December 2022 was Rs 154,102 million, an increase of 62.6 per cent over the same period last year.
10 flights cancelled in Jan 2022 due to deployment of 5G services in US
Minister of State for Civil Aviation V.K. Singh in a written reply in the Lok Sabha on Thursday said that the government is aware of the concerns expressed by airlines and manufacturers of aircraft upon the rollout of 5G mobile services in the US and its potential interference with the aircraft radio altimeters.
DGCA amends rules, airlines to reimburse up to 75% of ticket cost to flyers if downgraded involuntarily
The amendment will allow the passenger, who is downgraded involuntarily and is carried in a class lower than that for which the ticket is purchased, to be reimbursed by the airline. For the domestic sector, the reimbursement will be 75 per cent of the cost of the ticket including taxes.
Advertisement