National carrier Air India has approved a leave without pay (LWP) scheme for its employees for a period of six months to two years, which is extendable to upto five years, News Agency ANI reported. Air India has also constituted a committee for identification of surplus manpower resources, which will submit its report to the […]
Category: Civil Aviation
SpiceJet acqui-hires ixigo’s airline tech arm
BENGALURU : Low-cost airline and air cargo operator SpiceJet has aqui-hired Bengaluru-based airline technology firm Travenues, owned by online travel aggregator ixigo. As part of the deal, SpiceJet will hold the licence for Travenues’ technology stack and commerce platforms, which specializes in mobile apps, user experience, cross-selling, engagement, payments and personalization. The 15-member Travenues team […]
Boeing 737 MAX inches towards flying again after two years
The grounded Boeing 737 MAX moved another step closer towards flying again Tuesday as US regulators said they would soon accept public comments on a plan to recertify the jet. The Federal Aviation Administration (FAA) said it would issue a proposed airworthiness directive for the MAX, which has been grounded since March 2019 following two […]
First five Rafale fighter jets likely to be inducted into IAF on 29 July
NEW DELHI : The first batch of five Indian Air Force (IAF) Rafale is likely to arrive in India by end July 2020. The aircraft will be inducted at Air Force Station Ambala on 29 July subject to weather. The final induction ceremony will take place in second half of August. IAF aircrew and ground […]
IndiGo appoints BofA, Citi as advisers for proposed QIP
IndiGo, the country’s top domestic airline, has hired Citigroup Global Markets and Bank of America (BofA) to advise on its proposed qualified institutional placement (QIP), said two people with direct knowledge of the matter, requesting anonymity. The final size of the offering estimated at ₹3,000-6,000 crore will depend on the allotment price of the shares, […]
Indians fly private amid commercial flight crisis
Private jet operators who took a major hit during the prolonged coronavirus-induced lockdown are seeing renewed interest for flights to leisure destinations, as well as between covid-19 hotspots, despite the steep cost. Affluent customers, who are skittish about travelling in commercial airliners, are opting for such customized modes of air travel. With the easing of […]
IndiGo to lay off 10% of its staff
NEW DELHI : India’s largest airline, InterGlobe Aviation Ltd-operated IndiGo, which flies one in every two domestic passengers, will lay off a tenth of its staff or about 2,700 people, to survive the disruptions caused by covid-19 pandemic, the chief executive of the airline Ronojoy Dutta said in a statement on Monday. “And from where […]
IndiGo lays off 10% of its workforce due to COVID-19
IndiGo, India’s largest private airlines, has announced to lay off 10% of its workforce due to economic crisis induced by COVID-19 pandemic, its chief executive officer Ronojoy Dutta said. “It is for the first time in the history of IndiGo that we have undertaken such a painful measure,” Dutta said in a statement. “From where […]
Air India unions slam company’s decisions on leave without pay, salary cuts
Unions representing Air India Ltd have slammed the national carrier’s cost-cutting plans, which include salary cuts and leave without pay (LWP) for a section of the workforce. The unions, in separate letters to Air India chairman and MD Rajiv Bansal, said the decisions were taken unilaterally without consulting them. Criticizing the plans to restructure wages, […]
Any unilateral change by Air India in salaries of pilots will be ‘illegal’: Indian Commercial Pilots’ Association
New Delhi: The Indian Commercial Pilots’ Association (ICPA) on Monday wrote to Air India CMD stating that “any unilateral change by AI from agreed-upon wage settlement would be illegal and would not be in the interest of the national carrier”. The association says such a move has the potential to flare-up to a situation of […]
How India’s domestic airlines are getting by without a bailout
Running an aviation business is tough even under normal conditions. With the pandemic, the industry is gasping for breath. Unsurprisingly, airlines across the world have sought government support to cope with the crisis. According to the International Air Transport Association, or IATA, airlines worldwide were estimated to have received $123 billion of government aid as […]
Emirates to operate repatriation flights from 4 more Indian cities to Dubai
New Delhi: The Emirates airlines on Sunday said it will operate repatriation flights from four additional Indian cities of Ahmedabad, Chennai, Hyderabad and Kolkata to Dubai till July 26. The Dubai-based airline had on July 11 announced that it would be operating special repatriation flights from Bengaluru, Kochi, Delhi, Mumbai and Thiruvananthapuram to Dubai in […]