Jet Fuel Prices Dropped for the Second Consecutive Month in October
On October 1, oil companies lowered the prices of aviation turbine fuel (ATF) for the second month, cutting them by almost Rs 6,000 per kilolitre....
Tag : Indian aviation industry
Indian Aviation Industry To Report A Net Loss Of Rs 21,000 Crore
The Indian aviation industry is expected to report a Net Loss of Rs 21,000 crore in the FY21 due to lower revenues and high fixed costs, according...
Indian Airlines Need Rs 35,000 Crore Till 2022-23: ICRA
The Indian aviation industry, which is currently non-operational under the coronavirus-led lockdown, will require funding of up to Rs 35,000 crore till 2022-2023 as profitability...
COVID-19: IndiGo Reverses April Pay Cut for Staff
InterGlobe Aviation Limited-operated IndiGo, India’s largest domestic airline, has rolled back its decision to implement a pay cut of up to 25% for its employees....
Aviation Sector to Lose More Money With Lockdown
All international and domestic scheduled airline operations will remain suspended till 3 May, the ministry of civil aviation (MoCA) said on Tuesday. The announcement came...