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An Air India 777-200 on the ground in San Francisco (Photo: AirlineGeeks | Parker Davis)

Indian Aviation Industry Braces For $3.6 Billion Loss, Looks To The Future

After halting international services into and out of the country, the Indian government announced Monday that it would suspend domestic passenger services starting March 25 in an effort to slow the spread of the novel Coronavirus across the country. Airlines were directed to halt their scheduled passenger operations after 11:59 p.m. on March 23 and all flights were told to “ land at their destination” before then. "The operations of domestic schedule commercial airlines shall cease with effect from the…

Cathay Pacific Racks Up First Back-To-Back Loss In 71 Years

Hong Kong-based Cathay Pacific announced a loss of $1.45 billion HKD ($185 million USD), nearly triple the $525 million HKD ($66.9 million USD) loss reported a year ago. This loss signifies the airline's first back-to-back loss in 71 years, mainly due to intense competition and overcapacity in the region. Cathay…