The decision comes after the Australian government released a revised forecast for the recovery of international travel that presented a gloomier outlook than previously projected.
IndiGo is planning to raise INR30 billion ($408 million) through a share sale—less than three and a half months after the Indian LCC giant said it had decided against raising cash.
Since the beginning of the COVID-19 crisis, air cargo has taken on a more important role within the broader airline industry–and industry experts believe that it may continue to occupy a greater role than it did before the pandemic as the recovery progresses.
A pair of U.S. senators penned a letter to seven airlines urging them to promptly issue cash refunds for flights canceled during the coronavirus pandemic, regardless of whether the flights were canceled by the passenger or carrier.
The travel bubble established between Australia and New Zealand may be groundbreaking, but two brief suspensions within the space of two weeks highlight the challenges facing such an approach.
