The Australian government has opened talks with international airlines on digital vaccine passports for people who have been inoculated against COVID-19. The Australian Border Force (ABF) and the International Air Transport Association (IATA) which represents about 290 airlines have been in discussions about vaccinated Australians using the IATA Travel Pass, the Guardian Australia reported on […]
Day: May 21, 2021
AirAsia posts record quarterly loss as pandemic devastation continues
Malaysian long-haul budget airline AirAsia X Bhd reported a record loss for the first three months of the year and its eighth quarterly loss in a row as the coronavirus pandemic devastated demand for air travel. The airline, an affiliate of AirAsia Group Bhd, on Thursday reported a net loss of 5.67 billion ringgit ($1.37 […]
Committee of creditors rejects NBCC resolution plan for Jaypee Infratech
The committee of creditors (CoC) on Thursday rejected the resolution plan submitted by government-owned NBCC (India) for Jaypee Infratech (JIL) and has decided to send Suraksha Asset Reconstruction Company’s (ARC’s) plan for voting from Monday. Both NBCC and Suraksha ARC had bid for JIL’s assets, which owns a huge land bank alongside the Delhi-Agra Yamuna […]