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Singapore Air s empty Business Class seats cost it top ranking
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Qantas Airways idles more staff - Taipei Times
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Paytm Founder Reacts To Rakesh Jhunjhunwala s Airlines Launch Announcement; Read
Jhunjhunwala has plans to invest $35 million in his airlines and expects a no-objection certificate from the aviation ministry within the next 15 days.
IMAGE: PTI
India s largest digital payment service Paytm’s CEO and founder Vijay Shekhar Sharma on Wednesday reacted to the announcement made by billionaire Rakesh Jhunjhunwala that he was planning to set up a new ultra low-cost airline by the name of ‘Akasa Airlines.’ The 61-year-old billionaire investor had revealed plans of starting his own airlines within the next four years. Responding to the news, Paytm’s boss Sharma on July 28 took to his official Twitter handle to laud Jhunjhunwala’s decision as he wrote, “Akasa Air, India s newest airline by April next year. News of Rakesh Jhunjhunwala’s latest bet on India s aviation sector,” has earned several ‘applauds’.
Billionaire Rakesh Jhunjhunwala to launch ultra-low-cost airline Akasa Air with 70 planes
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Outlook dampened through October due to lockdowns Staff could be stood down if they last longer than expected (Adds details of previous forecast, outlook changes)
SYDNEY, July 22 (Reuters) - Qantas Airways Ltd’s domestic capacity has fallen to less than 40% of pre-COVID levels due to lockdowns in three Australian states, its chief executive said in a memo to staff, in a setback to what had been a strong recovery.
State border closures led to the sharp fall in domestic capacity from 90% of pre-COVID levels earlier in July and have dampened the capacity outlook through October, Chief Executive Alan Joyce said in memo dated Wednesday that was reviewed by Reuters.