Aviation industry bounces back: Rising revenues and optimism take flight

As per a Reuters report, India is resisting giving more air traffic rights to the UAE. What are the implications? What's in store for India's aviation sector? Molly Gambhir tells you.

Gravitas: What's in store for India's aviation sector?

Things are looking up for India’s aviation sector. Air India placed a record order of 470 aircraft from Boeing and Airbus. India’s budget carrier Indigo might break the record as it plans to buy 500 passenger planes. Molly Gambhir tells you more.

Gravitas Plus: What’s happening in India’s aviation sector?

Air travel is fast recovering from the hit that it took during the covid-19 pandemic and nearly about four thousand flights took off every single hour. India alone has seen a tremendous growth in its aviation sector.

India's sustainable aviation mission: What does carbon neutral airport mean?

The Aviation sector is among the biggest carbon emitters and over the years governments have mult plans to cut down emissions from airplanes but they have reached no concrete solution yet

Airlines must slash emissions by end of this decade

In signs of recovery in aviation sector European low-cost airline Ryanair said its bookings looked very strong for the summer and the load factor should gradually rise to 94-95% in June-August.

Ryanair sees over 15 million passengers in May, summer bookings strong

As Germany lifted a ban on travellers from India, there are chances for the Indian aviation sector to revive soon. What is the overall scenario of aviation in India and how quickly it can be revived? Chief Commercial Officer of Vistara, Vinod Kannan talks to WION on all these issues.

World Business Watch: How is aviation industry going to recover post-pandemic?

The Singapore Airlines Group (SIA) has reported a record net loss of $3.2 billion for the financial year ended March 31.

Singapore airlines posts record $3.2 billion annual loss

British airline Virgin Atlantic, which has been hammered by the COVID-19 pandemic like much of the sector, is set to raise $222.75 million in new financing.

World Business Watch: Virgin Atlantic set to raise $222.75 Million in new financing

Bangladesh's aviation sector bit of a dire state due to the coronavirus pandemic. The countries only state-owned and as well as private airlines already incurred a loss of about 3.5 billion dollars.

Bangladesh's aviation sector crumbles, Experts say the industry is likely to suffer more

American airlines furloughed nearly 19,000 employees after a first federal payroll support package for airlines expired in October.

American Airlines begins recalling 19,000 furloughed workers

The grounding came after more evidence emerged indicating that the aircraft's key flight control software played a part in the two deadly crashes.

Boeing 737 Max resumes flights in US after 20-months

Watch today in World Business Watch: One of the world's biggest plane engine maker Rolls Royce shares trade at 16-year low value.

Plane engine maker Rolls Royce shares trade at 16-year low value

The company reported a net loss of RM305.2 million for the April-June quarter versus a net loss of RM207.1 million a year earlier.

Losses deepen at AirAsia X | Airline stops selling tickets for future dates

Hit by eroding traveler demand, owing to coronavirus hit lockdowns, Emirates is offering some pilots and cabin crew up to 4 months of unpaid leave. Watch report.

COVID-19 has hit aviation demand: Emirates offers up to 4 months of unpaid leave

There is an increasing consensus that traffic is unlikely to recover to 2019 levels until 2023-2024. The introduction of now-necessary processes will slow down the pace of most, if not all, ground-based activities associated with air travel.

Total recovery of aviation sector may take time

Boeing Co. is pulling the plug on its 747 jumbo jet. The 747 democratized global air travel in the 1970s but fell behind modern twin-engine passenger jets.

Boeing to end production of 747 jumbo jet

British Airways is set to cut more than a quarter of its jobs due to the coronavirus crisis, forecasting that passenger numbers will take years to return to 2019 levels. British Airways has 45,000 employees, including 16,500 cabin crew and 3,900 pilots, according to its website.

British Airways plans to cut up to 12,000 jobs | COVID-19 Pandemic

India mulls up to $1.6 billion rescue plan for aviation sector after coronavirus

Seventeen people were killed when a small military plane crashed into a residential area in the Pakistani city of Rawalpindi early Tuesday, officials told AFP, in the latest disaster to hit the country’s troubled aviation sector. The plane crashed into a poor village near an upscale neighbourhood in the garrison city that is home to the army's headquarters, creating a fireball that lit up the night sky and terrified residents.

Pakistani military plane crashes in Rawalpindi; 17 killed

Aviation sector is in a financial mess that needs to be sorted

A Boeing 737 jet carrying 136 people on board, slid into a river in Florida after shooting off the runway. Blackbox of the plane being examined. Watch the full video to know more.

Boeing 737 skids off runway, Blackbox of the plane being examined

A Boeing 737 jet carrying 136 people on board, slid into a river in Florida after shooting off the runway. Watch the full video to know more.

Boeing 737 jet skids off runway into St. Johns river in Florida

A summary of the challenges facing India's Aviation Industry. Watch this video to know more.

WION Gravitas: Why are airlines struggling in India

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