Airline Revenues
- All
- News
- Videos
-
Japanese Airline Major ANA Launches NFT Marketplace Themed Around Aeronautics: Details
Japan’s ANA airlines has launched its own online marketplace for the trade, sale, and purchase of non-fungible tokens (NFTs). The first collection went live on ANA GranWhale on May 30. It showcases the works of Luke Ozawa, an aerial photographer, in the form of digital collectibles, also called NFTs. The second collection on this platform will go...
-
Stellantis Pauses Paid Advertisements on Twitter After Elon Musk Takeover
Stellantis on Monday said that the firm had paused all paid ads on Twitter as the firm waits to see what the microblogging platform will look like, now that new owner Elon Musk charge of the firm. The automaker joins a number of major companies that have halted advertising on Twitter, including United Airlines, General Mills, luxury automaker Audi ...
-
IndiGo Net Loss Widens To Rs 1,435 Crore In September Quarter, Revenue Up 104%
IndiGo Q2 Results: The airline operator said that it sees a gradual recovery in revenue to pre-pandemic levels as COVID vaccination rates picked up and most air travel-related curbs were eased
-
IndiGo Q3 Results: Airline Reports Net Loss Of Rs 620.1 Crore In December Quarter
IndiGo Q3 Results: Due to COVID-19 impact, the country's biggest airline reported net loss of Rs 620.1 crore in the December quarter, and revenue from operations declined 50.6 per cent
-
COVID-19 Crisis To Cut Airline Revenues By 60% In 2020: Aviation Body
While airlines have been slashing costs by $1 billion a day, grounding fleets and cutting jobs, they are still racking up huge and "unprecedented" losses.
-
Airline Revenues Drop 86% In April-June Due To COVID-19: Aviation Minister
Employee count at the Indian carriers went down from 74,887 on March 31 to 69,589 on July 31.
-
10% Layoffs At IndiGo, India's Biggest Private Airline
IndiGo will lay off 10 per cent of its staff as the coronavirus pandemic has forced it to re-evaluate its "best-laid plans", the airline's CEO Ronojoy Dutta, said on Monday. IndiGo had "understood the gravity of the situation right at the start of this crisis", he said, as the the country's largest carrier grapples with declining revenues due to th...
-
Private Train Operators To Share Gross Revenue With Railways
Just like in airlines, passengers of private trains, once launched, could have to pay for preferred seats, baggage and onboard services, the earnings from which will be part of the gross revenue to be shared with the Railways, according to an official document.
-
Airlines Expected To Lose $84.3 Billion In 2020 Due To COVID-19: Industry Body
Airlines across the globe are expected to lose $84.3 billion in 2020, the worst year in the history of aviation, due to the coronavirus pandemic, according to Canada-based industry body IATA or International Air Transport Association. Carriers' revenues will fall 50 per cent to $419 billion this year, from $838 billion in 2019, IATA said in its fin...
-
Airlines To Lose $84 Billion This Year Due To Pandemic: Aviation Body
Airlines are set to lose $84 billion as the coronavirus pandemic reduces revenue by half to mark the worst year in the sector's history, the International Air Transport Association (IATA) forecast on Tuesday.
-
Airline Revenues To Plunge 55% In 2020 On Coronavirus: Industry Body IATA
It marks a sharp worsening of the forecast for the aviation industry, as just three weeks ago the decrease was predicted to be 44 percent, or $252 billion.
-
Vistara Calls For Mandatory Leave Without Pay For 3 Days For Senior Employees
Other Indian airlines have already announced their cost-cutting measures as there has been a drastic fall in revenues due to coronavirus outbreak.
-
1 More Coronavirus Case, Total 30, Delhi Shuts Primary Schools: 10 Points
One more person tested positive for coronavirus on Thursday, taking the number of affected persons to 30. The figure had taken a jump from Wednesday with a group of 14 Italian tourists testing positive for the virus. The rising number of cases has pushed the Delhi government to shut the primary schools till March 31. A similar decision is likely fo...
-
SpiceJet Profit Rises 33% To Rs 73 Crore In December Quarter
The Gurugram-based airline's revenue rose 47 per cent to Rs 3,647 crore as against Rs 2,487 crore for the same quarter last year.
-
Coronavirus Outbreak Could Mean $5 Billion Drop In Airline Revenues: UN
The new coronavirus outbreak could mean a reduction of $4-5 billion in worldwide airline revenue, the International Civil Aviation Organization (ICAO) said on Thursday.
-
Japanese Airline Major ANA Launches NFT Marketplace Themed Around Aeronautics: Details
Japan’s ANA airlines has launched its own online marketplace for the trade, sale, and purchase of non-fungible tokens (NFTs). The first collection went live on ANA GranWhale on May 30. It showcases the works of Luke Ozawa, an aerial photographer, in the form of digital collectibles, also called NFTs. The second collection on this platform will go...
-
Stellantis Pauses Paid Advertisements on Twitter After Elon Musk Takeover
Stellantis on Monday said that the firm had paused all paid ads on Twitter as the firm waits to see what the microblogging platform will look like, now that new owner Elon Musk charge of the firm. The automaker joins a number of major companies that have halted advertising on Twitter, including United Airlines, General Mills, luxury automaker Audi ...
-
IndiGo Net Loss Widens To Rs 1,435 Crore In September Quarter, Revenue Up 104%
IndiGo Q2 Results: The airline operator said that it sees a gradual recovery in revenue to pre-pandemic levels as COVID vaccination rates picked up and most air travel-related curbs were eased
-
IndiGo Q3 Results: Airline Reports Net Loss Of Rs 620.1 Crore In December Quarter
IndiGo Q3 Results: Due to COVID-19 impact, the country's biggest airline reported net loss of Rs 620.1 crore in the December quarter, and revenue from operations declined 50.6 per cent
-
COVID-19 Crisis To Cut Airline Revenues By 60% In 2020: Aviation Body
While airlines have been slashing costs by $1 billion a day, grounding fleets and cutting jobs, they are still racking up huge and "unprecedented" losses.
-
Airline Revenues Drop 86% In April-June Due To COVID-19: Aviation Minister
Employee count at the Indian carriers went down from 74,887 on March 31 to 69,589 on July 31.
-
10% Layoffs At IndiGo, India's Biggest Private Airline
IndiGo will lay off 10 per cent of its staff as the coronavirus pandemic has forced it to re-evaluate its "best-laid plans", the airline's CEO Ronojoy Dutta, said on Monday. IndiGo had "understood the gravity of the situation right at the start of this crisis", he said, as the the country's largest carrier grapples with declining revenues due to th...
-
Private Train Operators To Share Gross Revenue With Railways
Just like in airlines, passengers of private trains, once launched, could have to pay for preferred seats, baggage and onboard services, the earnings from which will be part of the gross revenue to be shared with the Railways, according to an official document.
-
Airlines Expected To Lose $84.3 Billion In 2020 Due To COVID-19: Industry Body
Airlines across the globe are expected to lose $84.3 billion in 2020, the worst year in the history of aviation, due to the coronavirus pandemic, according to Canada-based industry body IATA or International Air Transport Association. Carriers' revenues will fall 50 per cent to $419 billion this year, from $838 billion in 2019, IATA said in its fin...
-
Airlines To Lose $84 Billion This Year Due To Pandemic: Aviation Body
Airlines are set to lose $84 billion as the coronavirus pandemic reduces revenue by half to mark the worst year in the sector's history, the International Air Transport Association (IATA) forecast on Tuesday.
-
Airline Revenues To Plunge 55% In 2020 On Coronavirus: Industry Body IATA
It marks a sharp worsening of the forecast for the aviation industry, as just three weeks ago the decrease was predicted to be 44 percent, or $252 billion.
-
Vistara Calls For Mandatory Leave Without Pay For 3 Days For Senior Employees
Other Indian airlines have already announced their cost-cutting measures as there has been a drastic fall in revenues due to coronavirus outbreak.
-
1 More Coronavirus Case, Total 30, Delhi Shuts Primary Schools: 10 Points
One more person tested positive for coronavirus on Thursday, taking the number of affected persons to 30. The figure had taken a jump from Wednesday with a group of 14 Italian tourists testing positive for the virus. The rising number of cases has pushed the Delhi government to shut the primary schools till March 31. A similar decision is likely fo...
-
SpiceJet Profit Rises 33% To Rs 73 Crore In December Quarter
The Gurugram-based airline's revenue rose 47 per cent to Rs 3,647 crore as against Rs 2,487 crore for the same quarter last year.
-
Coronavirus Outbreak Could Mean $5 Billion Drop In Airline Revenues: UN
The new coronavirus outbreak could mean a reduction of $4-5 billion in worldwide airline revenue, the International Civil Aviation Organization (ICAO) said on Thursday.
