Airlines Financial News

Indigo Airlines to Tashkent with effect from September 6. A senior DGCA official informed that IndiGo has been given approval to operate between Delhi and Tashkent four days a week, as reported by ANI.

Airport Bengaluru’s (BLR Airport) Terminal 2 (T2) is set to commence its international operations, on September 12. The confirmation came after the airport shared an update on their official social media handle X (Formerly Twitter).

Delta Air Lines says it has upgraded its entire fleet to protect the planes against radio interference from wireless signals

Super Typhoon Saola is poised to strike Hong Kong with its formidable force, as authorities have elevated the strong wind signal to No.8, prompting the closure of schools, businesses, and even the stock exchange. This impending natural juggernaut, boasting wind speeds exceeding 200 kmph, is predicted to chart a course towards eastern Guangdong, the adjacent Chinese mainland province. The impending typhoon has triggered the issuance of the highest typhoon alert by Chinese authorities, marking the potential for one of the most potent typhoons to hit Guangdong since 1949.

The competition watchdog’s investigation into Qantas flights has revealed that 15,000 Qantas and QantasLink flights were cancelled between May and July 2022 – more than treble the 4149 cancellations publicly reported by the government over the same period.

₹100 crore in Jet Airways in less than 48 hours of the National Company Law Appellate Tribunal (NCLAT) allowing implementation of the revival plans, PTI reported on Thursday. The JCK, the winning bidder for the revival of grounded carrier Jet Airways, has so far invested ₹250 crore in the airline. "With this infusion, JKC has now invested ₹250 crore in Jet Airways and now is only required to fund the remaining ₹100 crores in Jet Airways by September 30, 2023, to take control of the airline," the consortium said in the statement.

Jalan Kalrock Consortium, the winning bidder for the revival of grounded carrier Jet Airways, on Thursday said it deposited Rs 100 crore in Jet Airways, taking the total investment in the airline to Rs 250 crore. «JKC confirms to have deposited Rs 100 crores in Jet Airways in less than 48 hours of the NCLAT allowing implementation of the revival plans,» it said in a statement. Jet Airways has not flown since April 17, 2019. «With this infusion, JKC has now invested Rs 250 crore in Jet Airways and now is only required to fund the remaining Rs 100 crores in Jet Airways by September 30, 2023, to take control of the airline,” the consortium said in the statement. The insolvency resolution proceedings against the carrier began in June 2019 and the National Company Law Tribunal (NCLT) approved the resolution plan submitted by the consortium in June 2021.

Janine Craig says she will never fly Qantas again after the airline cancelled her flight from the US 24 hours before departure and left her to battle through a two-day travel nightmare to get home.

Lufthansa, one of the largest airline groups in Europe, has launched its nonfungible token (NFT) loyalty program on the Polygon Network. The program will allow passengers to turn their trips into NFTs that can unlock rewards like miles and business lounge vouchers. 

Vistara Airlines, a joint venture of Tata Sons Private Limited and Singapore Airlines Limited (SIA), will be launching its second daily flight service to Mumbai from the state capital on September 1, the Thiruvananthapuram International Airport Ltd (TIAL) said on Thursday. The new flight service would depart from Thiruvananthapuram at 8.30 AM and reach Mumbai at 10.45 AM, TIAL said in a statement. The return flight would leave Mumbai at 8.25 PM and reach here at 11 PM, it said. The flight will operate from the domestic terminal (T1) at Shanghumugham, the statement said. «The convenient timing of the flight provides connection to various domestic points and also to/from international destinations including Europe, UK, US, Middle East and South-East Asia.

₹100 crore into the airline and to be able to service its insurance and other statutory obligations. Go First, earlier owned by the Wadia Group, filed for insolvency attributing financial troubles to Pratt and Whitney's faulty engines.

If you're squeezing in one last summer trip over the Labor Day weekend, expects lots of company

The country’s largest locomotive manufacturer and its striking union workers have reached a tentative agreement that could end a two-month strike that saw about 1,400 people walk off the job at its Pennsylvania plant

Airport Limited (BIAL) announced that it has postponed the commencement of international operations at Terminal 2 scheduled for today i.e. 31 August. The airport said that the international operations will continue to remain in Terminal 1 until further notice.

flight attendants at American Airlines have overwhelmingly approved the union to take a decision to call for a strike. The strike may not be imminent, but it will increase the bargaining power of the union and put pressure on the management. Confirming the vote, Julie Hedrick, Association of Professional Flight Attendants said on Wednesday that more than 99 percent of members have favored a strike. The union members picketed at many offices of the airlines.

Qantas, Jetstar and Virgin took advantage of smaller rivals and overseas carriers relinquishing their landing slots at Australia’s largest airport during the pandemic, soaking up more than 500 new slots at Sydney Airport compared to 2019, according to previously unreported data.

₹100 crore into the airline and to be able to service its insurance and other statutory obligations. Go First, earlier owned by the Wadia Group, filed for insolvency attributing financial troubles to Pratt and Whitney’s faulty engines.

Mint explains: A transit hub is an airport that provides smooth connectivity from one foreign destination to another. Ideally, a transit hub should enable a seamless transfer experience to someone flying from country A to country C via country B. A transit hub often requires a stronghold of a large carrier with a widespread network so that the airline can offer one-stop connectivity to passengers with a wait time of no more than 2 to 3 hours between flights.

airport, was a reminder of the difficulty U.S. companies face. Chinese airlines resumed flights with the 737 MAX in January, but the simmering U.S.-China trade dispute has limited deliveries to a handful of other Boeing aircraft in recent years and all but halted new orders.

Flight attendants at American Airlines say they are willing to strike as negotiations for pay raises drag on

Air India flight, renowned chef Vikas Khanna displayed a touching act of kindness that has touched the hearts of both the airline's crew and numerous social media users. The incident, which quickly went viral, saw Chef Khanna taking the initiative to make a retiring crew member's farewell truly special. The Michelin-starred chef, known for his culinary expertise, found himself onboard an Air India flight when he learned that a dedicated crew member was about to retire after an impressive 35-year tenure with the airline.