Tag: #AIRLINES

Global aviation revenues may reach 70% of pre-COVID levels in 2021, says founder of leading SaaS provider to travel industry

The struggling global aviation industry’s revenues may reach  70 percent of the pre-COVID-19 levels in 2021, but complete recovery may take a bit longer as airlines across the world downsize operations to pare costs, said VK Mathews, Founder and Executive Chairman of IBS Software Services, a leading provider of SaaS solutions to the travel industry.

489 Passengers Out of 970 Quarantined at Mumbai International Airport Amid Alarm Over New UK Virus strain

As many as 970 passengers landed at the Mumbai international airport from different parts of the world including Europe and the Middle-East on Friday, the Brihan mumbai Municipal Corporation (BMC) said. Of them, 489 were quarantined in the city. The passengers arrived by eight international flights during the day. Since the detection of a new

No respite: Airbus chief warns of worse to come

Toulouse: Airbus SE boss Guillaume Faury cautioned workers that the planemaker is “draining money” and necessities to immediately reduce expenses to adjust to a fundamentally contracting aeronautic trade. With airline customers fighting to survive and unable to accept new aircraft, Airbus is juggling its delivery schedules while reassessing its long-term outlook for the aerospace industry,

Airline relief: British Airways owner gets 300m pound UK government funds

Standing tall… English Airways has made sure about twin legislative guide, including 300 million pounds from the UK government mid-April. Picture Credit: Reuters Likewise IN THIS PACKAGE COVID-19: How India plans repatriation of abandoned residents from UAE, Saudi Arabia, Kuwait, UK and rest of the world Compensation postponed? Here is the means by which you

Coronavirus effect: US airlines lose more than $10 billion as traffic falls

Boeing Co said a week ago it would eliminate 16,000 positions before the year’s over, while GE Aviation intends to eliminate up to 13,000 positions and plane provider Spirit AeroSystems Holdings Inc is eliminating 1,450 positions twitter-logo Reuters Last Updated: May 6, 2020 | 14:16 IST Coronavirus impact: US carriers lose more than $10 billion
Need Help?
Scan the code