Airline industry

COVID-19 impact: Vistara to continue with pay cut for staff; to hike flying allowance for pilots

For pilots, who were getting base flying allowance since April, which is a fixed component of the salary, for 70 hours per month, the allowance was reduced to 20 hours till December 31. 

Dec 31, 2020, 21:36 PM IST

GoAir witnessed exit of half-a-dozen executives in recent weeks amid COVID-19 situation

The Wadia group-promoted carrier has around 6,700 employees and around as much as 4,000-4,500 of them are on leave without pay (LWP), one of the sources said.

Aug 20, 2020, 02:17 AM IST

Cash strapped Virgin Australia collapses due to coronavirus crisis; 16,000 jobs under threat

Virgin Australia announced that it entered voluntary administration to recapitalise the business after being battered by the coronavirus pandemic, which has crippled the global airline industry

Apr 21, 2020, 21:56 PM IST

IATA talks to consumer forums on transparent laws

"Looking at the nature of some of the regulations being produced, it seems that some governments are ignoring basic commercial principles. They are producing regulations that do not address the root causes of many travel disruptions. In light of this, IATA and the airlines need to contribute a new perspective to the conversation on consumer protection," he said.

Jun 11, 2015, 13:24 PM IST

Airline industry suffered over Rs 5,964 crore loss in 2013-14: Govt

The domestic airline industry suffered a total operating loss of over Rs 5,964 crore, including more than Rs 2,874 crore of Jet Airways and Rs 2,123 crore of national carrier Air India, in 2013-14, Rajya Sabha was informed Tuesday.

Dec 16, 2014, 21:04 PM IST

Airline industry to invest in new IT initiatives: Survey

Almost the entire airline industry plans to invest over the next three years in new IT initiatives ranging from managing flight disruptions to introducing self-service technologies for passengers to meet such challenges, a global survey has shown.

Jun 20, 2014, 13:59 PM IST