S. KOREAN LCC UNDER HEAVY DEBT FROM HUGE DEIFICTS DUE TO PANDEMIC

Highlights –

• S. Korean LCC under heavy debt from huge deficits due to pandemic.
• Jeju Air Co., Jin Air Co. and T'way Air Co. debt-to-equity ratio ranged from 430% to 517% in 2020.
• Jeju Air Co. had 218.4 billion won in equity capita...

INTERNATIONAL FLIGHTS ONLY POSSIBLE THROUGH BILATERAL AIR BUBBLES SAYS CIVIL AVIATION MINISTER

Highlights

• After Air India, the government has now ordered Indigo, GoAir and Spicejet to undertake Vande Bharat Mission flights

• In order to start bilateral air bubbles, the Government of India is currently in talks with Germany, France, the U.S, Canada and Gulf c...

INTERNATIONAL FLIGHTS FOR BUSINESS TRAVELERS PARTIALLY RESUMED BY JAPAN

HIGHLIGHTS

• Japan has partially resumed international flights but only for business, not for tourism.
• Three charted flights have been planned to take off from Japan with first flight already gone.

Japan has partially resumed internati...

COMMERCIAL INTERNATIONAL FLIGHTS MIGHT START IN JULY

Highlights

• According to Union Civil Aviation Minister Hardeep Singh Puri, in order to resume commercial international flights, the Central Government will have to consider various factors including the global pandemic scenario

• Union Minister also stated that the ...

CHINA CUTS BACK SMOOTH RUN OF INTERNATIONAL FLIGHTS AND DISTANCES ITSELF FROM FOREIGN RESIDENTS

• China shuns foreign nationals
• China cuts down on International flights

China has already become action-ready and intends stopping the influx of visitors to the country and drastically cut-down its international flights in the hope of curtailin...

NIPPON AIRLINES UPDATES ITS BEVERAGES MENU

Highlights:

• The All Nippon Airways has updated the beverage menu for its business and first-class passengers
• They have added a new collection of sake to the menu

The updated menu will be applicable from March. It is available to the ...