Airlines Financial News

HDFC Bank: HDFC Bank Ltd on Monday reported a 51% jump in profit in the September quarter, beating analysts’ estimates, on higher other income and lower provisions. The bank saw net profit rise to ₹15,976 crore in the quarter that ended 30 September from ₹10,605 crore in the year-ago period. That exceeded analysts’ estimates of ₹14,120 crore in a Bloomberg survey.

Investing.com — U.S. stock futures were trading slightly higher during Monday's evening deals, following a positive close for major benchmark indices as market participants turn focus toward third-quarter earnings season.

₹397 crore. According to the Delhi High Court’s 24 August order, the airline was to pay Maran ₹100 crore by 10 September.

₹2.1 crore, and the total paid-up capital is ₹10 lakh. The available data mentions Meenakshi Kashyap and Ajay Bhatia as the two directors of Sirius India Airlines. Meenakshi Kashyap is the wife of Arun Kashyap, the chief operating officer at SpiceJet.

₹21 million and the total paid-up capital is ₹1 million. The available data mentions Meenakshi Kashyap and Ajay Bhatia as the two directors at the Sirius India Airlines. It is important to note that Meenakshi Kashyap is the wife of Arun Kashyap who is presently serving as the chief operating officer at SpiceJet.

₹397 crore. Last month it paid Maran ₹100 crore of the ₹397 crore it owes him.

₹38.72 apiece, during Monday's trading session. This drop came on the heels of an impressive 19.4% surge in the previous trading session on Friday (October 14), during which the shares reached a one-year high of ₹43.8 apiece. At 12:45 PM, the stock was trading with a drop of 8.8% at ₹39.70.

Qantas chief executive Vanessa Hudson’s task of rebuilding the airline’s battered reputation has become even more complex, after head of loyalty and the steward of the Frequent Flyer business, Olivia Wirth, resigned.

Telstra shareholders will press new director Maxine Brenner to explain how she handled corporate governance issues while on Qantas’ board as she stands for election at the telecommunications group’s annual general meeting on Tuesday.

reports. The deal positions Qatar Airways as the biggest airline partner to Elon Musk's Starlink.

Ahmedabad airport's proposal to sharply raise user charges for charter flights during the ongoing ICC Cricket World Cup. The airport has increased ground handling charges by more than 10 times, sparking a backlash from major airlines, who have now sought government intervention, arguing that such a sudden increase is illegal and will make charter operations unviable. The Airport Economic Regulatory Authority (AERA), which fixes airport tariffs, for a period of five years, issued a notice on Friday evening saying that levying charges and tariffs that have not been approved by the authority is illegal. “A few airport operators are levying charges without taking approval, resorting to unethical practices. All airport operators are directed to refrain from levying charges which have not been approved by the authority,” AERA said in a notice seen by ET. People familiar with the matter said AERA has also summoned the top management of the Ahmedabad airport on According to the tariff list issued by the Ahmedabad airport in September, the airport has levied a minimum of Rs 265,000 as general aviation charges for any charter flight carrying more than 15 passengers.

NEW DELHI : Engine maker Pratt & Whitney has informed the Singapore International Arbitration Centre (SIAC) that it will deliver engines to Go First only after the grounded airline starts flying again, two people aware of the development said. In July, the SIAC had directed the American company to supply five engines every month to the airline, beginning on 1 August.

Air India Express spokesperson, the incident occurred when a passenger on board the Dubai-Amritsar flight experienced a severe medical complication during the journey. «A guest on board our Dubai-Amritsar flight had a sudden medical complication inflight, and the crew opted to divert to Karachi, given that it was the closest location to provide immediate medical assistance,» said the spokesperson.

“wipe off Hamas" in the besieged Gaza Strip. Air India, the erstwhile national carrier, operated five flights per week for Tel Aviv.

Qantas says a flight scheduled to leave Tel Aviv on Sunday transporting Australians fleeing the war was cancelled because it is too unsafe to fly, after Israel warned of an imminent ground invasion of Gaza.

PTI reported. Mahishasur Mardini was initially aired as a live program on AIR in the early 1930s. Ever since, it has evolved into a customary Mahalaya morning tradition.

Chhatrapati Shivaji Maharaj International Airport's (CSMIA) comprehensive post-monsoon runway maintenance plan, both runways - RWY 09/27 and RWY 14/32 will be temporarily non-operational on October 17 from 1100 hours to 1700 hours," as per the statement. The statement further read, “CSMIA in co-operation with all key stakeholders has effectively scheduled flights to ensure smooth completion of the maintenance.

By Jacob Gronholt-Pedersen

Mukesh Ambani owns one of the world’s most expensive private jets and even gifted his wife an Airbus A319 for her birthday. Gautam Adani has three private jets, housed in a $50 million hangar. Neither of them owns an airline, though.

Air India Express, which is in the process of merging AIX Connect with itself, plans to induct 50 new B737 MAX planes in the next 15 months as the Tata Group bolsters its aviation business. Besides, the combined entity of Air India Express, also the country's first international budget carrier, and AIX Connect, formerly known as AirAsia India, will be launching its new brand on October 18. In a message to staff this week, Air India Express and AIX Connect Managing Director Aloke Singh said key milestones, including migration to a common reservations and check-in system, have been achieved in terms of integration of the two carriers.

A 65-inch TV screen has pride of place in Vanessa Hudson’s office at the Qantas headquarters in Mascot, monitoring in real-time the airline’s schedules across its domestic and international markets.