Air Turbine Fuel (ATF) that is used by airlines is selling about 33 per cent cheaper than petrol and diesel in Delhi. Petrol and diesel are selling at a record price in the country even though their prices were not hiked on Monday. After Sunday’s hike of 35 paise per litre, petrol and diesel, the primary fuel used…
Jet Airways’ plan to resume flying operations from next year may hit fresh turbulence as state-run lender Punjab National Bank (PNB) has approached the National Company Law Appellate Tribunal (NCLAT), requesting it to quash the rescue plan for the debt-laden airline. PNB alleged that there were irregularities in the…
A two-member bench of the National Company Law Tribunal (NCLT) is set to pronounce its final ruling on the Kalrock Capital and Murari Lal Jalan consortium resolution plan for Jet Airways this morning. The Mumbai bench of NCLT has listed the matter for final orders at 10.30 am today. The two-judge bench presided by…
As the aviation sector battles the impact of the second wave of COVID-19, sources say that the government will wait before relaxing airline capacity and fare caps for the sector. In fact, the government is believed to have zeroed in on traffic thresholds for easing these limits.While the daily domestic air traffic…
The recent cyberattack on air travel solutions software major SITA and a number of airlines including Air India have been linked to the Chinese state-sponsored threat actor APT41. Airlines have been warned to comb through their networks and trace the campaign that may be concealed within their networks. SITA is one of…
The airline industry is ratcheting up its campaign to ease border restrictions and allow more international travel even by people who aren’t vaccinated against coronavirus despite high infection rates in many countries. The industry’s trade group, the International Air Transport Association, said Wednesday…
In a massive data breach personal details of 45 lakh passengers have been leaked following a cyber-attack on SITA, Air India’s passenger service system. The airline, in an official statement, said, “Air India would like to inform its valued customers that its passenger service system provider has informed about a…