BENGALURU: IndiGo, India’s biggest airline, said it will cut 10% of its workforce as it grapples with declining revenues due to the fallout from the COVID-19 pandemic. Airlines around the world have been hammered by a slump in travel demand due to restrictions aimed at containing the coronavirus outbreak, and few expect a quick recovery. […]
Category: The Asian Age
Asianage
IAF to induct 5 Rafale fighter jets by July 2020
New Delhi: India will receive five Rafale fighter jets by the end of July 2020, said Indian Air Force on Monday. “The aircraft will be inducted at Air Force Station Ambala on 29 July subject to weather. No media coverage is planned on arrival,” said IAF in a statement. It said that the final induction […]
Indian medical students stranded in Russia land in Mumbai
As many as 480 Indian medical students, who were stranded in Russia due to the Coronavirus-induced restrictions, arrived in Mumbai by a private chartered flight on Monday. The students included 470 from Maharashtra, four from the Union Territory of Dadra and Nagar Haveli, four from Madhya Pradesh and two from Goa. According to Nikesh Ranjan […]
India set to buy Israeli drones
New Delhi: India is planning to buy from Israel Heron surveillance drones and fire-and-forget anti-tank guided missiles Spike to enhance its surveillance and firepower capability at a time when the tensions with China are at all-time high. Due to tension with China, India needs to increase its surveillance along the line of actual control (LAC) […]
Oil prices drop on demand recovery fears, OPEC+ easing expectations
MELBOURNE: Oil prices fell more than 2% on Tuesday on worries that new clampdowns on businesses to stem surging U.S. coronavirus cases could threaten fuel demand recovery and expectations that OPEC+ might ease output cuts from August in an upcoming meeting. U.S. West Texas Intermediate (WTI) crude futures slid 96 cents, or 2.39%, to $39.14 […]
Iran to develop oil industry despite US sanctions
DUBAI: Iran is determined to develop its oil industry in spite of U.S. sanctions imposed on the country, Iranian Oil Minister Bijan Zanganeh said in a televised speech on Saturday. “We will not surrender under any circumstances. We have to increase our capacity so that when necessary with full strength we can enter the market […]
Saudi Aramco cuts August heavier crude supply for Asian refiners
SINGAPORE: Saudi Arabia’s state-owned oil company Saudi Aramco will reduce its August-loading shipments of medium and heavy crude grades to at least six Asian buyers, several sources familiar with the matter said on Monday. Buyers in China, Japan, South Korea, Taiwan and India were notified by Aramco over the weekend about the supply cuts, the […]
US bans Pakistan International Airlines flights over pilot certification
Sydney: The U.S. Department of Transportation said it has revoked permission for Pakistan International Airlines (PIA) to conduct charter flights to the United States, citing Federal Aviation Administration (FAA) concerns over Pakistani pilot certifications. The information is contained in a revocation of special authorisation dated July 1 provided by the department to Reuters on Friday. […]
Coronavirus crisis: Air India cancels job offers to 180 trainees
Air India has withdrawn job offers for around 180 trainee cabin crew members amid the economic slowdown in the Indian aviation sector due to the coronavirus pandemic, said airline officials on Saturday. “The airline has taken a decision to withdraw job offers for about 180 trainees who were to join as cabin crew after completing […]
No flight for Australia till July 14 due to COVID-19 imposed restrictions
New Delhi: All flights under the Vande Bharat Mission scheduled for various destinations in Australia between July 4 to July 14 have been postponed because of restrictions imposed due to Covid-19. “Due to the recent Covid-19 related restrictions imposed on international flights in Australia, the following flights in the next phase of Vande Bharat Mission […]
IndiGo offers 25% discount for doctors, nurses under ‘Tough Cookie’ campaign
New Delhi: IndiGo said on Thursday it will give a 25 percent discount on the airfare to doctors and nurses till the end of 2020 as they are at the forefront of the battle against the coronavirus pandemic. IndiGo has termed the aforementioned scheme as a “Tough Cookie” campaign. “The nurses and doctors will be […]
GVK group in trouble
New Delhi: The GVK Group of Companies and Mumbai International Airport Ltd is under the radar for alleged irregularities in running of the airport, officials said. Airports Authority of India (AAI) Ltd had formed a Joint Venture with GVK Airports Holdings Limited, promoted by GVK group under public private partnership firm Mumbai International Airport Ltd […]