Airlines Financial News

22.01 / 09:15

Provident Aviat Airlines economy Reddit Trade Updates Businessman uses daughter’s car accident in sales pitch. What internet has to say

Dave Drimmie recently drew widespread criticism for using his daughter’s car accident as a metaphor to promote his services on LinkedIn. While some expressed concern for his daughter’s well-being, others found his post distasteful, accusing him of leveraging a traumatic incident for professional gain.

22.01 / 09:15

markets Digital Aviat Airlines Strategy Experts PAM budget 2025 Budget 2025: Industry pins hope for mega wagon orders

India Budget: With the Union Budget 2025-26 approaching, industry players are pinning hopes on significant announcements for the railway sector, particularly in freight operations and infrastructure development. The industry also stressed the need to increase the average speed of freight trains to 50 kmph and deploy advanced 12,000 HP electric locomotives.

22.01 / 03:53

Man Aviat Airlines security Trade Actor reports Days after Saif Ali Khan stabbing incident, man almost sneaks into Dua Lipa hotel room

21.01 / 14:51

COST UPS Airlines Allegiant travelers These frequent fliers are done with loyalty programs

Subscribe to enjoy similar stories. More frequent fliers are declaring themselves airline free agents, fed up with ever-changing requirements to earn and maintain status. Carriers across the country have changed their loyalty programs in recent years to reward big spenders rather than budget-conscious road warriors up in the air week after week.

21.01 / 02:03

UPS Manufacturing Airlines reports Courts International Twist in Go First insolvency: Busy Bee Airways challenges liquidation

Subscribe to enjoy similar stories. In an unexpected turn of events in the Go First insolvency case, Busy Bee Airways Private Limited, a previous bidder for the airline, has filed a plea against the National Company Law Tribunal (NCLT).

20.01 / 19:03

markets Digital Airlines security Strategy Experts PAM NCLT ends Go First's turbulent ride, steers co into liquidation

bankruptcy court in Delhi on Monday admitted Go Airlines (India) Ltd, which runs Go First airline, into liquidation after the lenders failed to receive a viable revival plan for the company. The company has admitted liabilities of about ₹8,575 crore.

20.01 / 15:03

markets Aviat CEO Airlines Experts travelers Courts NCLT orders liquidation of Go First, ending 20-month insolvency saga

Subscribe to enjoy similar stories. The National Company Law Tribunal (NCLT) has ordered the liquidation of Go First, marking the end of 20 months of insolvency proceedings for the struggling budget airline. Go First, which filed for bankruptcy in May 2023, had a 6.9% market share in India’s aviation sector at the time.

20.01 / 08:01

UPS Aviat Airlines Destinations rowing budget 2025 Budget 2025: Will India’s aviation sector fly higher?

Subscribe to enjoy similar stories. New Delhi: India's aviation sector is growing rapidly, this is evident from record breaking domestic passenger movement and pending delivery of over 1000 aircraft to Indian airlines. In November 2024, for the first time ever the daily domestic passenger numbers crossed 5 lakh mark.

20.01 / 06:09

markets Digital Airlines Strategy Experts PAM reports NCLT orders liquidation of Go First Airways

National Company Law Tribunal (NCLT) ordered the liquidation of Go First Airways after a request from the airline's Committee of Creditors (CoC), Bar and bench reported on Monday.

18.01 / 02:23

markets Citi Platform Airlines President Inside social Trump's inauguration is moving indoors. Here's what to know about the changed plans

Sub-freezing temperatures forecast for Monday in Washington are prompting President-elect Donald Trump to take the oath of office from inside the Capitol Rotunda. Almost everyone visiting Washington won't be able to see it in person.

16.01 / 15:33

markets Airlines Strategy Justice PAM Courts Delhi HC slams SpiceJet for failing to pay $6 mn to Team France 01 SAS and Sunbird France 02 SAS

SpiceJet Ltd and its chairman and managing director Ajay Singh for failing to comply with its earlier directions to pay $6 million dues to its lessors — Team France 01 SAS and Sunbird France 02 SAS.

16.01 / 07:29

UPS Provident Airlines JetBlue travelers Department Courts US government sues Southwest Airlines and fines Frontier for chronically delayed flights

The Transportation Department is stepping up enforcement of persistent flight delays with a lawsuit against Southwest Airlines and a fine against Frontier Airlines

15.01 / 18:39

COST Ball Airlines Golf reports Severe weather caused record breaking $8 billion in insured losses in 2024

A new report says the cost of insured damage caused by severe weather last year hit a record high as it totalled more than $8 billion.

15.01 / 17:51

markets Digital Airlines Strategy PAM Destinations Air India Express begins operations from Patna with daily direct flights to 3 destinations

Air India Express on Wednesday commenced operations from Patna, launching daily flights to Bengaluru, Bhubaneswar and Hyderabad, the airline said in a statement. The new flights are part of the airline's strategy to connect emerging cities with key destinations across the country and beyond, it said.

15.01 / 17:13

Aviat Airlines WhatsApp Department Customs dept slaps fine on IndiGo; airline to take appropriate legal measure

IndiGo on Wednesday said the customs department has imposed a fine of little over Rs 25 lakh on the company in relation to duty on jet fuel. The fine has been imposed by the Joint Commissioner (Customs), Office of the Commissioner of Customs, Ludhiana.

15.01 / 12:45

markets Digital Airlines Strategy PAM reports 'Two drinks per person': Inside Europe's largest airline's fight to limit destruction by drunk passengers on flights

15.01 / 12:13

markets Airlines Strategy economy travelers Features International From wifi to luxury travel kits: How Air India's in-flight passenger woes may soon die down

in-flight experience, including broken seats, the airline is rolling out a series of upgrades aimed at enhancing this.

14.01 / 20:05

markets Manufacturing Airlines Strategy Boeing PAM Boeing's aircraft deliveries and orders in 2024 reflect the company's rough year

Boeing delivered less than half the number of commercial aircraft to customers than its European rival in 2024 as the American aerospace giant's output suffered under intensified government scrutiny and a factory workers' strike, according to data released Tuesday.

14.01 / 13:57

markets Provident Action Airlines Strategy PAM International DGCA warns Akasa Air to be more vigilant in handling dangerous goods

DGCA has directed Akasa Air to carry out internal audits at all its cargo handling facilities and also warned the airline to be more vigilant in handling dangerous goods following instances of lapses. This is the latest in a string of regulatory red flags for the little over two-year-old airline, which has faced DGCA actions for various lapses in recent weeks.

14.01 / 10:57

markets FIVE Digital Airlines Strategy Experts PAM None of diverted flights to Singapore were from India, says Changi Airport

Singapore where 12 flights were diverted to regional airports due to intense monsoon since Friday, the airport operator said on Tuesday. «The flights, operated by various airlines, were from destinations such as Bangkok, Jakarta, Phuket and Shanghai,» the Changi Airport Group told PTI.

12.01 / 13:09

markets Digital Airlines Strategy Boeing PAM performer Air India to offer first class seats in A350-1000 planes

«It is not a product that is going away. Many of the top airlines are building their next generation first class products. We are not the only ones doing it. We do feel that there are some opportunities in our network where that product will work well,» he said at a media briefing earlier this week. The fleet size of Air India now is 202 planes, including 67 wide body ones. Among them, 27 are B777s, and 40 are B787s.

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