Airlines Financial News
24.09 / 17:41
UPS
Provident
Airlines
show
isolate
travelers
Colawashing, a new trick to show green?
IndiGo, on which he was travelling, has recently stopped allowing the purchase of a cold drink in vacuo, that is, in isolation. He was essentially bringing to light the airline forcing the customer to buy bundled products.
24.09 / 16:39
UPS
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Fox
Airlines
Bill
President
prevention
Deal
Buttigieg calls on McCarthy to honor deal with Biden as potential government shutdown looms
FOX News' senior congressional correspondent Chad Pergram discusses GOP lawmakers blocking an attempt at a House spending bill amid a looming government shutdown and the threat to Kevin McCarthy's speakership.
24.09 / 10:55
24.09 / 06:19
Citi
FIVE
Airlines
country
reports
travelers
services
Vietjet expands India services with Tiruchirappalli-Ho Chi Minh City route set for November
PTI, the airline plans to expand its services to India by introducing a new route between Tiruchirappalli (Tamil Nadu) and Ho Chi Minh City, with the launch expected in November, according to airline officials. In August, Vietjet initiated direct flight services from Kochi in Kerala to Ho Chi Minh City. A senior representative from the airline mentioned that Vietjet currently operates 32 round-trip flights to and from India each week.
24.09 / 04:59
23.09 / 18:09
UPS
Man
Airlines
Entertainment
fun
travelers
View: Flying into a tizzy, It's no fun to travel anymore
desert air hits like a shotgun blast. Or maybe more like those giant hair-dryer weapons they have in futuristic mafia movies — no bullets, no blood, just instant desiccation. The bus makes its way through the invisible labyrinth on the sand-blasted tarmac, and deposits us at the terminal's door. We go through the security check, again for a reason that's never been clear to me.
23.09 / 17:41
UPS
Aviat
CEO
Airlines
pandemic
How Qantas Airways sullied its once-mighty brand in Australia
Qantas Airways has never been more profitable. But as Australia’s national airline has emerged stronger from the pandemic, it has alienated its most important constituency: Australians. They bemoan that its flights are unreliable and expensive. They are aghast at how government protectionism has made Qantas by far the biggest airline in Australia and pushed up the price of travel.
23.09 / 17:41
Citi
Booking
CEO
Platform
Airlines
MakeMyTrip
travelers
How upstarts are challenging the dominance of ride-hailing giants Ola and Uber
mobility-aggregator business is seeing an accelerated turnaround. But the revival is being driven by new entrants who are challenging the dominance of ride-hailing giants Ola and Uber.GROWTH SURGE These include Rapido in the auto category; Blu Smart, with its electric car fleet in Delhi-NCR and Bengaluru; Drife, with a blockchain-based business model headquartered in Bengaluru; Shoffr, a premium taxi service, and several new firms operating specifically in the lucrative airport and inter-city service segments, as well as online travel agents like Makemytrip and even airlines, who are offering airport transport as part of their value-added services.
23.09 / 16:25
Reuters
Aviat
Airlines
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show
DGCA rules out intervening in dispute between Akasa Air and its pilots
Akasa Air and its pilots after the budget carrier accused the regulator of inaction, a legal filing shows. Over 40 of Akasa's 450 pilots quit without serving their notice in recent weeks, and the airline has sued some of them and challenged Indian authorities in court for not acting on its requests to deal with alleged pilot "misconduct". The airline has also warned of a shut down due to the crisis.
23.09 / 06:15
CEO
Airlines
economy
Inside
information
reports
travelers
New Zealand couple angered by farting dog on 13-hour flight receives $1,400: Report
Check out what's clicking on FoxBusiness.com
22.09 / 18:01
Aviat
Aware
CEO
Airlines
Strategy
economy
travelers
Customers
IndiGo is becoming a global airline, will also develop own catering products for intl customers: CEO Pieter Elbers
India market share is one of the highest for any airline in a domestic market across the world. But its larger strategy now is becoming a more global airline from a purely domestic one, Pieter Elbers, who was brought in as chief executive last year from Air France-KLM, tells Arindam Majumder. Edited excerpts:Q. It has been a year of aggressive expansion adding international destinations where Indians hardly travelled before. Are those yielding money? A: It is a strategy that we launched a year ago — that we build our own network, develop partnership, and expand connectivity.
22.09 / 15:47
Airlines
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Shell
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resolution
NOT
JKC has not paid any money, resolution plan not implemented: Jet Airways' lenders
Jet Airways said on Friday, September 22, that it has not received any money from the Jalan Kalrock Consortium (JKC). The lenders also said that the insolvency resolution plan is yet to be implemented, according to a report by business daily Economic Times. The consortium has however claimed that it will have to shell out additional amount than what was approved if Punjab National Bank’s additional liability ₹202 crore is accepted.
22.09 / 14:01
Airlines
country
prevention
Mumbai
Mumbai airport: Flight ops to remain suspended temporarily for runway maintenance on Oct 17
Mumbai airport will remain closed for six hours for maintenance works on October 17 and during this period, there will be no flight operations.
22.09 / 13:57
Aviat
Waters
Airlines
Parke
Discover
cover
information
Go First lessor case: Delhi HC may pronounce final order soon
New Delhi: The Delhi High Court on Friday concluded hearing in the plea moved by three aircraft lessors of the grounded Go First airline alleging inadequate aircraft maintenance. The final order in the case is expected in the first week of October. A single bench of the Delhi High Court led by Justice Tara Vitasta Ganju, reserved the order on the plea after concluding the hearing.
22.09 / 08:57
Man
Aware
Airlines
reports
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open
Depressed man attempts to open emergency door mid-air on Guwahati-Agartala Indigo flight
Indigo flight, a 41-year-old man, identified as Biswajit Debath, made an attempt to open an emergency door while the aircraft was in mid-air. Authorities reveal that Biswajit, a resident of Jirania in West Tripura, was struggling with depression and reportedly expressed a desire to jump from the plane. The incident escalated into a confrontation with the flight crew, resulting in Biswajit Debath being detained on charges of «endangering the lives of hundreds of passengers.» Airport Police Station in Agartala's Officer in Charge, Abhijit Mandal, stated, «Biswajit has confessed that he suffers from depression and was trying to open the emergency door mid-air.» This unsettling episode transpired around 1 pm on Thursday, when the plane was merely 15 miles away from Maharaja Bir Bikram Airport in Agartala.
22.09 / 07:19
COST
UPS
Target
Airlines
Hudson
performer
reports
reputation
Qantas to spend big on restoring reputation
Qantas chief executive Vanessa Hudson says the airline will spend hundreds of millions of dollars shoring up its reputation with customers after months of acrimony over poor performance and high airfares, but acknowledged the extra spending will come at a cost to the company’s profits.
22.09 / 07:19
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President
‘What else do they have to do wrong?’: Canberra Airport chief blasts Qantas
Canberra Airport’s chief has blasted Qantas, accusing it of mistreating its staff and customers, and breaching contract conditions as he called for heavier regulation to finally bring the national carrier “to heel”.
22.09 / 07:07
UPS
Provident
Digital
Aviat
Aware
Airlines
Indian
Anant Singhal on state of Indian aviation industry, pilot shortages and more
Anant Singhal, Team Lead, CAPA India, says “in the first quarter of the fiscal, the airlines witnessed very strong yields. In the current fiscal ending this month, there was a dip of about 15% to 17%. Coming to the next quarter, it again will be robust because demand will increase and we expect some upward swing in fares and in the yields that airlines earn.”There have been a lot of issues related to the aviation industry of late, flight cancellations, pilot resignations. What is indicative of the Indian aviation sector? Will we tide over it soon enough?Before I answer your question, I would like to provide some context. Right now, we have about 135 aircraft of Indian carriers that are grounded. Now, with that in mind, the pilot shortage that we would have expected is somewhat better, because 135 aircraft are on ground. As and when these aircraft start flying again and new inductions come in, the challenge of pilot shortage will likely go up and a lot of airlines are expected to face challenges with this area. Right now, it seems to be somewhat manageable, although lately because of the 40 resignations, about 80% of the schedule had to be cancelled. But overall, from the industry perspective, the issue of shortage of pilots is somewhat manageable, but when these aircraft start flying again it will start creating challenges for the industry.
22.09 / 03:45
Citi
FIVE
BLOCK
Career
CEO
Airlines
reports
Stocks to Watch: Glenmark, Samhi Hotels, Zaggle, Wipro, ICICI Lombard
Glenmark Lifescience/Glenmark Pharma: Nirma Ltd has agreed to buy 75% of Glenmark Life Sciences Ltd for ₹5,651.5 crore in a deal that values the latter at ₹7,535.4 crore. Mint reported first on 15 August that the cement-to-detergent maker was the sole bidder for the stake put on the block by parent Glenmark Pharmaceuticals Ltd, which is selling shares to Nirma at ₹615 apiece. Glenmark Pharma will continue to own 7.84% of Glenmark Life Sciences.
22.09 / 03:45
UPS
Target
Career
Airlines
SENSEX
Updates
Sensex Today | Share Market Live Updates: Sensex preopens flat; Glenmark, ICICI Bank in focus
₹1,158.14 crore in Indian stocks today.Fed tone around maintaining the current interest rate spooked investors across the globe. Moreover, a report showed fewer U.S.
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