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CORONAVIRUS EFFECT ON AIRLINES
United Airlines says it lost $7.1 bn in 2020 on Covid-19 hitRevenues for last year fell 64.5 percent to $15.4 billion, the latest bruising data for a US airline after travel slowed to a trickle in Ma...- US to require negative COVID-19 test from UK travellersAirline passengers from the United Kingdom will have to get negative COVID-19 tests within three days of their trip and provide the results...
- Condition to improve but more airline bankruptcies likely in 2021: Fitch“Spiking coronavirus cases in various regions and inconsistent travel restrictions will keep airline traffic low at least through the first...
- Vistara CEO Leslie Thng says no layoffs; salary cuts to be reviewed in January 2021Vistara's Chief Executive Officer Leslie Thng told that there have been no job cuts at the airline in the wake of the coronavirus pandemic.
- Vistara, Japan Airlines enter frequent flyer partnershipA frequent flyer program (FFP) is a loyalty programme wherein a passenger earns points for travelling on an airline's flights, which can th...
- InterGlobe Aviation gains 10% as the airline allays concerns over raising fundsIt is estimated that weak demand and restrictions on flying full capacity are resulting in Rs30 crore cash burn for the airline.
- COVID-19 effect: Air India withdraws job offers for around 180 trainee cabin crew members"The airline has taken a decision to withdraw job offers for about 180 trainees who were to join as cabin crew after completing their train...
- Pakistan resumes domestic flights partially as nation-wide lockdown easedA spokesperson for the Pakistan Civil Aviation Authority (PCCA) said domestic flights will be operated by Pakistan International Airlines (...
- Air India stops bookings till end of AprilThe airline has closed bookings for both domestic and international routes till the end of this month.
- Government grounds domestic flights from Tuesday midnight“The operations of domestic schedule commercial airlines shall cease operations with effective from the mid night that is 23.59 hours IST o...
- Health Ministry asks Indian airlines not to carry those with 'home quarantined' stampsAs the ban on international flights came into effect in India in the wake of novel coronavirus outbreak, the Union health ministry on Monda...
- 'Greatest existential challenge ever': Virus forces Singapore Airlines to cut operations drasticallySingapore Airlines will ground around 138 SIA and SilkAir aircraft, out of a total fleet of 147, a press release said. Scoot, SIA's low-cos...
- Coronavirus Impact: GoAir senior management to take 50% pay cutSenior management executives at GoAir are taking 50% pay cuts to control costs as virus cripples business.
- Air Canada to lay off over 5,100 employees due to coronavirus outbreak: UnionThe Canadian Union of Public Employees (CUPE) said it was "deeply saddened" to learn that airline would temporarily lay off about 3,600 of ...
- Air India may cut salaries by 5% amid coronavirus concernsAir India may cut salary of employees by 5% amid its growing financial woes in the wake of virus outbreak.
- Most airlines may go bankrupt by May without govt action on CoronavirusMost airlines will be bankrupt by the end of May, global aviation consultancy firm CAPA said in a note.
- Air India Express to offer free rescheduling of tickets"In view of the uncertain travel situation due to COVID-19, free date change will be permitted up to three days prior to the flight departu...
- IndiGo waives rescheduling fee for bookings amid coronavirus scareThere would also be zero change fee for fresh bookings made between March 12 and 31, the airline said in a release.
- Amid coronavirus outbreak, Air India disinvestment might be 'quite difficult at this moment': IATAThe outbreak, which has infected over 95,000 people and resulted in more than 3,200 deaths worlwide, is taking a toll on the global airline...
- UK airline Flybe collapses as virus hits flights worldwide"All flights have been grounded and the UK business has ceased trading with immediate effect," said the airline, which avoided going bust i...
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