British Airways canceled dozens of flights Friday, blaming computer problems for disrupting plans for thousands of passengers at the start of a busy holiday weekend – a rocky kickoff to the summer travel season in Europe. The technical glitches and strikes by airport staff across Europe are stirring concerns about a repeat of last summer’s … Read more
Synopsis As the economy opened and operations resumed partially, fuel price and other expenses were higher than the revenue the company was generating, resulting in losses for FY21 and FY22. The latest results — for Q1FY23 — showed a significant spike in revenue, at Rs 12,855 crore, which shows an increase in demand (QoQ basis). … Read more
Etihad Airways chief Tony Douglas said Tuesday achieving net-zero carbon emissions by 2050 poses the “biggest challenge” for commercial aviation, in a reality check for the industry. Last year, the International Air Transport Association pledged carbon neutrality by 2050, which is also a target of the United Arab Emirates and several other countries. “The biggest … Read more
In 2021, overall traveller numbers were 47 per cent of the pre-COVID level, the International Air Transport Association (IATA) mentioned. The total number of air passengers in the world will reach the four-billion mark in 2024, exceeding the 2019 pre-Covid level by three per cent, global airlines body IATA said on Wednesday. In 2021, overall … Read more