Budget 2022-23: Aviation sector dismayed on ATF front
New Delhi/IBNS: The Indian aviation players were disappointed with regards to no reduction provided on import duty applicable on Aviation Turbine Fuel (ATF) in this year's fiscal budget.
Omicron to push air traffic recovery into fiscal 2024: CRISIL
Mumbai/UNI: The Omicron-led third wave of the pandemic could pose fresh turbulence to air traffic, pushing full recovery into fiscal 2024, ratings agency CRISIL said on Thursday.
Air travel down 60 per cent, as airline industry losses top $370 billion: ICAO
New York: A new report from the UN’s air transportation agency confirms there was a “dramatic” fall in international air travel due to COVID-19, of around 60 per cent over the course of last year, to levels last seen in 2003.
25 million jobs at risk with airline shutdown: International Air Transport Association
Geneva/IBNS: The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis.