Airlines Financial News

Robert De Niro and his former employee, Graham Chase Robinson, have finally begun trial proceedings in federal court in Manhattan this week on a four-year legal dispute. The case has brought to light allegations of gender discrimination and improper spending by both parties.

Investing.com — The Dow closed higher Tuesday on the final day of trade for October, as investors digested a raft of corporate earnings, but stocks couldn't avoid racking up a third-straight loss for the first time since March 2020. 

Mumbai: The Enforcement Directorate (ED) on Tuesday filed a chargesheet against Jet Airways founder Naresh Goyal and five others in the alleged fraud of ₹538 crore at the Canara Bank. Goyal was arrested by the ED on September 1 under the Prevention of Money Laundering Act (PMLA). He is currently in judicial custody and lodged at the Arthur Road jail here.

Reliance Retail have joined hands to launch Reliance SBI Card with two variants: Reliance SBI Card Prime and Reliance SBI Card. The card is meant to offer an overall rewarding shopping experience to customers across segments with varied spending needs. The credit card, a media release states, is made of recycled plastic and has been introduced on RuPay platform.

The ACCC’s claim against Qantas over ghost flights is a simple case of consumer law, which is bad news for Qantas.

New Delhi: The chief executives of Air India and Akasa Air have privately exchanged barbs over the poaching of pilots, with the latter accusing its bigger rival of rule violations, provoking a reply that collusion to curb job switching can breach competition law. The exchange, detailed in a Sept. 21 letter seen by Reuters, spotlights growing competition in India's aviation market, as a strong rebound in air travel after the pandemic, coupled with a flurry of orders for new aircraft, lead to a shortage of pilots.

By Nate Raymond

Investors say they expect the Qantas board to act on executive pay despite the airline revealing plans to fight the competition watchdog’s claims it misled and deceived customers, blaming systems errors and saying nearly all customers were eventually rebooked on new flights.

The federal government may be preparing to penalize Southwest Airlines for thousands of flight cancellations that affected more than 2 million travelers last December

Vistara on Monday announced the launch of its daily direct flight between the national capital and Hong Kong. The inaugural flight, operated by an A321 neo aircraft, commenced from Delhi airport on Sunday evening and arrived at Hong Kong on Monday morning.

Israel-Gaza War: An unusual development took place in Russia’s Dagestan airport when throes of protestors stormed the premises, ostensibly demonstrating against the arrival of a flight from Israel amid the war in Gaza. The development comes in a country which has been at war with East European neighbour, Ukraine, for almost twenty months now. Catch LIVE updates on Israel-Gaza war According to reports the crowd broke past security, with some making it onto the runway of Makhachkala airport, before they were removed by security forces.

Investing.com — U.S. futures rose Monday, starting a busy week full of earnings reports and an interest rate decision from the Federal Reserve on a positive note.

Qantas has rejected the basis of the competition regulator’s case against the airline, saying customers are not buying a specific flight when they book to travel but instead a “bundle of rights” to fly and blaming its booking systems for selling trips it had already cancelled.

Air Canada flight in Las Vegas after the airline’s third-party ground assistance personnel were not available to help him.Prince George resident Rodney Hodgins says he’s going to push for changes to ensure no other disabled person endures what he experienced.“I don’t want anybody else to have to go through that,” he said in a phone interview. “I would like a change within their policies or how they do things.

London and New York, it’s become normal for new hotels to charge starting rates exceeding $1,000 per night—with suites often going for at least twice as much. This makes a free hotel upgrade one of today’s most valuable and coveted travel perks. While you can do certain things to maximize your odds of getting upgraded, hanging your hopes on a free pass to the penthouse suite will almost always prove fruitless—unless you’re a high roller on the casino floor at a Las Vegas hotspot. At hotels with few suites, an upgrade might mean a better view or a room on a higher floor. In others, bumping room categories could range from gaining a few square feet to acquiring additional bedrooms. Think you check all the immigration boxes? Find out Here are seven things you can do to boost your chances of an upgrade. We can promise that they work, but we can’t guarantee exactly what they’ll get you.

PTI. The report stated that flight problems accounted for 41.9 percent of complaints, followed by baggage at 19.9 percent and refunds at 15.4 percent. The report further mentioned that 242 complaints out of 246 complaints have been addressed.

External Affairs Rajkumar Ranjan Singh on Saturday urged airlines from Vietnam to explore launching direct flights to cities in north-eastern states of India to provide increased investment and tourism opportunities to both countries. Guwahati, considered the Gateway to Southeast Asia, has an international airport with direct flights connecting Bangkok and Singapore, Singh said while addressing a session on investment and trade at the North East India Festival here. «All eight North East states are well connected by air, land and rail with other parts of India.

ANI citing the air traffic report released by DGCA, “During September 2023, a total of 246 passenger-related complaints had been received by the scheduled domestic airlines. The number of complaints per 10,000 passengers carried for the month of September 2023 has been around 0.20." As per the report, the primary causes of passenger complaints were flight problems, accounting for 41.9 percent, followed by baggage issues at 19.9 percent, and refund-related concerns at 15.4 percent. Notably, the predominant cause of complaints was flight problems.

Aditya Birla Sun Life Mutual Fund announced the launch of the Aditya Birla Sun Life Transportation and Logistics Fund. The scheme opened for public subscription on October 27, 2023, and will close on November 10, 2023. The scheme re-opens for continuous sale and repurchase within five business days from the date of allotment.

₹ 1,000 for every passenger on private aircraft operators for a week, one of the people said on condition of anonymity. The Adani Group operates seven airports in the country, including Mumbai, and the new charge has been introduced at six of its airports—Guwahati, Mangaluru, Jaipur, Lucknow, Thiruvananthapuram and Ahmedabad. The company handled around 7.1 million passengers during September, or nearly 23.7% of air passengers in India.

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