Airlines Financial News
28.01 / 00:11
markets
COST
Aviat
Airlines
travelers
International
IndiGo bets on overseas expansion for its growth flight
Subscribe to enjoy similar stories. IndiGo, India's largest airline by market share and fleet size, sees the next phase of growth coming in from international operations, according to its top executive. "A few years ago, our share of international (in terms of available seat kilometres) was a little over 20%.
27.01 / 09:53
markets
COST
Airlines
Strategy
reports
travelers
Courts
Lufthansa Airlines faces ₹55K fine for mishandling elderly passengers – Here’s what happened
Lufthansa flight from Chennai to Frankfurt in June 2023 has culminated in a ruling from a Chennai court, which penalised the airline for its deficient service. The series of incidents, which involved wet seats, delayed flights, mishandling, and poor customer care, not only disrupted their travel but also resulted in both emotional and financial distress.
25.01 / 08:53
markets
COST
Airlines
Strategy
reports
travelers
IndiGo flies high despite rupee air pocket
IndiGo reported a profit of Rs 2,499 crore in the three months to December, with a depreciating rupee toward the tail-end of 2024 causing an 18% bottom-line shrinkage from Rs 2,998 crore in the year-ago period.
24.01 / 15:53
23.01 / 19:19
markets
Aviat
CEO
Airlines
Boeing
country
Interviews
Akasa Air is well-capitalized, path to profitability intact: CEO Dube
Subscribe to enjoy similar stories. Akasa Air, the country's youngest airline, remains well-capitalized, and it has more cash than when it started commercial operations in August 2022, according to Akasa Air chief executive officer Vinay Dube. According to an executive privy to the development, this comes even as the airline nears closing a $120-million infusion of funds from a clutch of investors such as the family offices of billionaires Azim Premji and Ranjan Pai.
23.01 / 14:15
23.01 / 11:47
23.01 / 03:35
22.01 / 20:07
22.01 / 18:39
Aviat
Airlines
Thyssenkrupp
Trade
stage
reports
boating
Ministry of Defence moves ahead with submarine plan, MDL qualifies for next round
Mazagaon Dockyards Limited (MDL) qualifying after technical trials and moving to the next stage of techno-commercial negotiations.
22.01 / 17:17
Aviat
Airlines
Election
WhatsApp
Trade
Celebrity
India now has 99.1 crore voters: EC
Election Commission (EC) said on Wednesday. In a statement issued ahead of National Voters' Day, the EC said the electoral rolls bear a youthful and gender-balanced look with 21.7 crore young electors in the 18-29 age group and a six-point increase in electoral gender ratio from 948 in 2024 to 954 in 2025.
22.01 / 16:17
markets
Digital
Aviat
Airlines
Strategy
PAM
Traffic
Domestic air traffic grows to 16.13 crore in 2024
domestic air traffic rose 6 per cent to 16.13 crore in 2024 on an annual basis, according to the latest official data. The Directorate General of Civil Aviation (DGCA) on Wednesday said airlines carried over 1.49 crore passengers in December 2024, an increase of 8.19 per cent compared to December 2023 when it stood at nearly 1.38 crore.
22.01 / 16:17
22.01 / 15:47
markets
Digital
Aviat
Airlines
Strategy
Experts
PAM
Max Estates, M3M group among top bidder in Noida authority’s Rs 1,500 crore auction
Max Estates and M3M group are among the developers who have emerged as the highest bidder for commercial land parcel auction by the Noida authority, fetching then over Rs 1,500 crore.
22.01 / 15:47
22.01 / 15:47
UPS
Aviat
Airlines
Trade
President
information
NITMA appeals to PM Modi to stop under-invoiced imports of synthetic knitted fabrics
Northern India Textile Mills’ Association (NITMA) has appealed to Prime Minister Narendra Modi to stop under-invoiced imports of synthetic knitted fabrics that are causing irreversible damage to the domestic textile industry. According to the association, this has led to a loss of over Rs 10,000 ccore to the exchequer by evading both direct and indirect taxes.
22.01 / 15:21
22.01 / 11:31
Aviat
Airlines
film
Trade
performer
Videos
International
Vedhika's Fear released on OTT, but there's a twist. Where to watch the psychological thriller
Prime Video. But there’s a catch!
22.01 / 11:31
Aviat
Airlines
community
Trade
gatherings
Equality
fencing
Indigenous community of Manipur need to be 'very careful' about illegal immigration: Biren Singh
Manipur Chief Minister N Biren Singh on Wednesday said the indigenous community of the state need to be «very careful» about illegal immigration. Addressing a gathering in the Tamenglong district, Singh said his government would look after every community in the state without any distinction.
22.01 / 09:55
22.01 / 09:15
Aviat
Airlines
Trade
testing
Bumrah continues to top ICC Test ranking for bowlers
Jasprit Bumrah continued to remain the undisputed No. 1 Test bowler, while Ravindra Jadeja maintained his top spot in the all-rounders' category, in the latest ICC rankings released on Wednesday. Bumrah, who had made history ahead of the fifth and final Border-Gavaskar Test against Australia in January by recording the highest-ever ICC Rankings rating for an Indian bowler at 907 points, is currently on a career-best points tally of 908.
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