Airlines Financial News
04.12 / 08:39
03.12 / 23:09
03.12 / 09:12
Aviat
CEO
Airlines
Parke
country
reports
Delhi airport plans levying higher charges for grounded aircraft
Delhi airport operator DIAL plans to levy higher charges from airlines for grounded aircraft as they occupy available parking space and impact overall operational efficiency, amid rising instances of grounding of planes due to technical and other issues. «We are planning that in the next traffic calculation, we are going to request that for people who are grounding (aircraft) here for more than a certain period, there should be some sort of higher charges because otherwise it disturbs the operations of other airlines,» Delhi International Airport Ltd (DIAL) CEO Videh Kumar Jaipuriar told PTI in an interview. Jaipuriar, who is in charge of the country's largest airport, was responding to a query on whether the operator will look at levying higher charges from airlines for aircraft that are grounded at the airport.
02.12 / 02:13
Waters
CEO
Airlines
President
country
travelers
More Indians may spend New Year holidays abroad
Indians might be holidaying overseas this Christmas-New Year season than last year as relatively cheaper fares and packages, better connectivity, and easier entry requirements have made the proposition more compelling. Tour and travel companies such as Thomas Cook, SOTC and EaseMyTrip have seen up to 30% uptick in demand for short-haul international routes compared to last year. Packages for many of these destinations are comparable with those for popular domestic spots, as some countries are actively wooing Indian travellers with visa-free entry and by nudging airlines to offer easy connectivity at affordable rates. Consider this.
01.12 / 09:49
Waves
Aviat
Airlines
Nov
2020
travelers
Traffic
Huge surge in air passenger numbers but overall traffic fails to breach November 2019 mark
world cup final frenzy did not help the month register more passengers than November 2019. In the end, the traffic this year was 2% lower than the traffic in November 2019. This makes November the only month in 2023 when the traffic dropped below the corresponding month in 2019.
01.12 / 01:29
Booking
Airlines
Interface
Healthcare
Bill
country
travelers
NPCI eyes big-size spends on RuPay UPI credit cards
RuPay credit cards enabled on Unified Payments Interface (UPI), National Payments Corporation of India (NPCI) wants larger-ticket merchant payments also to move to its retail payment network. Currently users split bills, pay their local vendors, taxi rides and retailers through UPI, the most popular smartphone-based payments mode in the country.
01.12 / 00:42
Aviat
Airlines
President
Experts
track
prevention
Safety officials release details of their investigation into a close call between planes in Texas
Safety officials are releasing details of their investigation into a close call between a FedEx plane and a Southwest Airlines jet earlier this year in Austin, Texas
01.12 / 00:41
Aviat
Airlines
voice
information
prevention
Cockpit voice recordings get erased after some close calls. The FAA will try to fix that
Federal officials say they will give investigators a better tool for understanding accidents and close calls between planes
30.11 / 18:01
Booking
CEO
Airlines
pandemic
country
reports
travelers
Visa-free travel best way to draw tourists: Booking Holdings CEO
World Cup. China has been an area where, unfortunately the pandemic came to visit very early, locked the country down and went away only after a long time. Travel is still far below where it was pre-pandemic for the outbound business and the inbound business.
30.11 / 07:39
Airlines
Nov
Inside
information
"You think these passengers will fly IndiGo again?" An irate Kapil Sharma has a go at IndiGo
Kapil Sharma took IndiGo airline to task on November 29 over flight delay, putting up a series of posts on X (formerly Twitter). In this posts, Sharma chastised the airline for «making passengers wait inside the ferry bus and not informing them about the reason for the delay» at Chennai airport. Sharma wrote, «Dear @IndiGo6E first you made us wait in the bus for 50 minz, and now your team is saying pilot is stuck in traffic, what? Really? we supposed to take off by 8 pm n it's 9:20, still there is no pilot in cockpit, do you think these 180 passengers will fly in indigo again?.» In another post, he wrote that airline had deboarded all the passengers saying they would be accommodated in another plane, but only after another security check at the terminal. «Now they r de boarding all the passengers n saying we will send you in another aircraft but again we have to go back to terminal for security check,» he wrote on his X timeline. He also put up a video where passengers could be seen deboarding. «People r suffering bcoz of you @IndiGo6E lying lying n lying, there r some old passengers on wheel chairs, not in a very good health condition. Shame on you,» he wrote. Indigo later issued a statement saying that the delay involving the Chennai-Mumbai flight was due to «operational reasons». «Flight 6E 5149 from Chennai to Mumbai on Nov 29 was delayed due to operational reasons.
29.11 / 22:35
CEO
Airlines
Boeing
show
Brazil's Embraer gets new order from Canada's Porter Airlines for 25 more jets
SAO PAULO (Reuters) — Brazilian planemaker Embraer said on Wednesday that Canada's Porter Airlines placed a firm order for an additional 25 E195-E2 aircraft for $2.1 billion.
29.11 / 19:23
Provident
Booking
Aware
Airlines
awards
Experts
reports
Go First to chase ₹12,000 crore with litigation finance
MUMBAI : Lenders to Go First plan to scout for litigation finance to bring home up to ₹12,000 crore tied up in various lawsuits, two people aware of the development said, as the bankrupt airline stares at likely liquidation. The amount includes an arbitration award that it won against engine maker Pratt & Whitney at the Singapore International Arbitration Centre (SIAC) earlier this year, as well as several other lawsuits under way.
29.11 / 09:31
Man
Aviat
Fighting
Airlines
information
reports
travelers
Munich-Bangkok Lufthansa flight diverted to Delhi after husband, wife fight onboard
airline said in a statement. The Lufthansa flight no LH772 landed at Delhi's Indira Gandhi International (IGI) airport at 10:26 am on Wednesday after the pilots contacted the ATC informing them about a "situation and possible unruly passenger" A couple reportedly got involved in an argument onboard the flight. Sources told news agency PTI that an argument between a couple -- a German man and his Thai wife -- led to some problems on board the Lufthansa flight following which it sought permission to land at IGI and this was allowed.
29.11 / 08:47
Aviat
Landmark
Airlines
Instagram
Sustainability Landmark: Virgin Airlines takes off first SAF-based flight, Rishi Sunak calls it ‘very exciting’
Virgin Atlantic flew its landmark flight on November 28, 2023, based on 100 per cent sustainable aviation fuel (SAF) from Heathrow Airport in London to the John F Kennedy International Airport in New York, which landed today on November 29. The flight is being called Flight100, marking a significant milestone towards Net Zero by 2050. UK Prime Minister, Rishi Sunak, in an Instagram post, said, "Our Government has made up to £1 million of funding available to support the project.
29.11 / 06:25
29.11 / 03:05
Aviat
Airlines
economy
pandemic
consequences
travelers
Indian aviation: A mass market takeoff is in everyone’s interest
Last week, civil aviation authorities issued Indian airlines an alert on GPS spoofing, which refers to unauthorized agents intercepting satellite signals to send airborne aircraft fake instructions. Though a worldwide problem, instances of such hacking have risen over West Asia lately, and the risk it poses cannot be taken lightly. Flights have even ventured without permission into Iranian airspace as a result of being misled.
29.11 / 02:49
Provident
Aviat
Airlines
Boeing
testing
travelers
Department
High-fat flight is first jetliner to make fossil-fuel-free transatlantic crossing from London to NY
The first transatlantic flight by a commercial jet powered solely by so-called sustainable aviation fuel has flown from London to New York
29.11 / 02:49
Airlines
President
cover
US mediators reject attempt by flight attendants to clear the path for a strike at American Airlines
There will be no strike by American Airlines flight attendants around the Christmas and New Year's holidays
28.11 / 20:03
FIVE
Landmark
Merit
Airlines
country
Department
Vienna Convention for MFN cases? SC to decide
NEW DELHI : European multinational companies facing hefty tax demands in India have filed a review petition urging the Supreme Court to follow the Vienna Convention in interpreting the most-favoured nation (MFN) clause in tax treaties, two people familiar with the matter said. Ruling on a batch of five petitions, a landmark 19 October Supreme Court verdict had backed the tax department in the matter, effectively doubling the withholding tax outgo of these companies, and potentially opening up more companies to similar tax demands. The aggrieved companies soon filed review petitions; among them, Steria India challenged a tax ruling pertaining to the India-France tax treaty.
28.11 / 13:31
Airlines
Ballard
The Newest Airline Climate Solution? Burying Sawdust
Write to Ed Ballard at [email protected] and Amrith Ramkumar at [email protected] Alert!Livemint tops charts as the fastest growing news website in the world
28.11 / 10:45
Airlines
Nov
Browser
performer
travelers
recommendations
easyJet swings to profit and reinstates dividend as travel demand soars
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