Breaking news

Meghalaya Governor Satya Pal Malik’s stand has not softened even after moreAll You Need to Know About Cryptocurrency in India: Trends, Legality and more The Champaran Foundation, in collaboration with InFeed, organised an online more In one of the biggest leaks ever of offshore financial records, the more The Champaran Foundation, in collaboration with InFeed, is inviting entries more The recently concluded German elections on September 26, 2021 have given a more According to latest news reports, China has been on a defense infrastructure more A new line of argument has already come to dominate the public sphere: it’ more The government has gone one step further to detect community spread of the more The government has issued an order to abolish the six allowances, including more Aarogya Setu application launched by NIC is aimed to track COVID-19 affected more SEOUL| South Korea’s unemployment rate was unchanged in April as the more Amid the outbreak of Corona pandemic in the country, Indian government has more Prime Minister Narendra Modi in his address to the nation on Tuesday indicated more Corona infection in the country is taking a macabre form. So far, more than 74 more Congress General Secretary Priyanka Gandhi Vadra has written a letter to UP more On Tuesday, Prime Minister Narendra Modi announced a package of Rs 20 lakh more

Airlines Still Selling Tickets in India Despite Orders

Even when the government of India has said that no decision has been taken on allowing flights after the nationwide lockdown ends on May 3, four of the country’s top six airlines, which together control 80 per cent of the local market, are selling domestic flight tickets for as soon as the third week of May, searches on their websites showed.

Aviation Minister Hardeep Singh Puri reiterated that no commercial flights will be allowed to operate until the spread of the coronavirus has been controlled and that the lifting of restrictions will only be considered later.

Market leader IndiGo, operated by InterGlobe Aviation Ltd., is selling tickets from June 1, as is Vistara, the local affiliate of Singapore Airlines Ltd., searches showed. SpiceJet Ltd., the nation’s second-biggest airline, and Go Airlines India Ltd., which has furloughed 90 per cent of its staff, are selling tickets from May 16. Tickets weren’t available on the websites of state-run Air India Ltd. and AirAsia India, the local partner of Malaysia’s AirAsia Group Bhd.

“We are working on that. Hopefully will find ways to resolve soon,” Arun Kumar, the head of India’s Directorate General of Civil Aviation, said in a text message when asked about the sales.

Vistara declined to comment. Representatives at IndiGo, SpiceJet and GoAir didn’t immediately respond to requests for comments.

InterGlobe’s shares slid 5 per cent Wednesday and SpiceJet fell 3.5 per cent. The benchmark Sensex index advanced 2.4 per cent . InterGlobe is down 28 per cent this year and SpiceJet has slumped over 60 per cent.

Airlines around the world are using ticket sales to generate cash flow as the coronavirus pandemic brings travel to a standstill, drying up revenue sources. Flybe Group Plc, Europe’s biggest regional airline, and Virgin Australia Holdings Ltd., have already collapsed after running out of cash, and analysts predict many more failures if governments don’t come to the rescue.

India’s aviation industry could lose as much as $3.6 billion in the three months through June if planes are grounded for the period, according to Sydney-based CAPA Centre for Aviation. One of the world’s fastest-growing aviation markets, India is a notoriously difficult place to operate as provincial taxes push up fuel costs and cut-throat competition means airlines are often forced to sell tickets below cost. Most were offering customers credit instead of refunds for canceled flights to generate cash for day-to-day operations.

The coronavirus continues to spread in India, rising 8 per cent from Tuesday to Wednesday to reach 20,080 confirmed cases and 645 deaths. One month ago, there were only 315 confirmed cases in the country.

Story Page