Airlines Financial News

20.08 / 06:41
COST Provident Airlines Telstra Customers TPG Telecom holding us ‘to ransom’ customers tell ACCC
TPG Telecom customers have complained to the competition watchdog that they are being held “to ransom” after the internet provider told them it would get rid of their email accounts unless they agreed to transfer them to another company.
19.08 / 16:19
UPS Man Career CEO Airlines Destiny country Famous dealmaker and CEO of Vespa-maker Piaggio, Roberto Colaninno dies at 80
The man behind the success of Vespa-maker Piaggio, Roberto Colaninno and one of Italy's best-known dealmakers, died at the age of 80, his investment company IMMSI said on Saturday. Till now, there has been no confirmation of the cause of death. He was known to be a central figure in the country's industrial landscape who managed to change the destiny of a number of failing firms.
19.08 / 15:44
Aviat Manufacturing Airlines The FAA orders quick inspections of some Pratt & Whitney turbofan engines on Airbus jets
U.S. regulators are requiring immediate inspections of engines on some Airbus jets equipped with engines from Pratt & Whitney
19.08 / 15:43
Airlines Delhi-bound Air India flight suffers delay due to technical snag
Air India flight suffered a delay on Saturday due to a «last-minute technical snag» but alternative arrangements were made for the waiting passengers, an official said. The aircraft was grounded for thorough engineering checks as the airline «accords top priority to the safety of its passengers and crew,» an Air India official said.
19.08 / 15:43
Action Airlines Align Lawyers Training Federal judge who ordered Southwest Airlines lawyers get religious-liberty training delays action
A federal judge is delaying his controversial order that lawyers for Southwest Airlines submit to “religious-liberty training.”
19.08 / 09:39
Citi Airlines show Mallikarjun Kharge slams government, says CAG report shows UDAN scheme didn't work on 93 per cent routes
Congress president Mallikarjun Kharge on Saturday claimed that a CAG report has pointed out that the Centre's flagship UDAN scheme did not work on 93 per cent of the routes, and said that the common people only got «lies» and «jumlas» from the government. A regional connectivity scheme was launched under the name of UDAN (Ude Desh ka Aam Nagrik) on October 21, 2016, by the Union government to stimulate regional air connectivity and make air travel affordable to the masses in tier-2 and tier-3 cities and towns.
19.08 / 05:07
Provident Maxim Aviat Action Airlines show Deaths Explainer Mint Explainer: Are pilot deaths indicative of fatigue?
reality of maximizing aircraft utilization for revenue often results in a stressful environment for pilots due to tight scheduling. “Cumulative fatigue has started showing its results and it is time that DGCA maintains a record of pilot demise and unfit issues due to conditions related to the heart," a pilot said on condition of anonymity. In fact, Airlines Pilots’ Association of India has written to pilots regarding the urgent need of a mega body of Indian pilots under industry veteran Captain Shakti Lumba.
18.08 / 14:23
COST Reuters Airlines Cathay Air travel boom creates crosswinds for air cargo
By Tim Hepher, Lisa Baertlein, Allison Lampert and Valerie Insinna
18.08 / 12:43
Provident Aviat Platform Action Airlines Instagram social Passenger clicks objectionable photos on SpiceJet flight; DCW issues notices to Delhi Police & DGCA
DCW) on Friday issued notices to the Delhi Police and Directorate General of Civil Aviation (DGCA) after a video went viral on a social media platform in which it was alleged that an onboard passenger took objectionable photos of a flight attendant and a woman on a flight from Delhi to Mumbai. The airline in its official statement said, «A passenger seated in the first row of SpiceJet flight SG157 operating from Delhi to Mumbai on 2nd August was found clicking pictures of cabin crew, while she was seated on the jump seat at the time of take-off. The passenger was confronted by the crew members.
18.08 / 10:11
Aviat Airlines EOS NCLAT allows Go First lessor to inspect aircraft
₹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.
18.08 / 09:19
Provident Man Action Airlines Mobile Mumbai SpiceJet passenger clicks improper photos of air hostess on Delhi-Mumbai flight; DCW takes action
DCW chairperson Swati Maliwal tweeted on Friday. The notice stated that the incident allegedly took place on Spicejet flight No 157 flying from Delhi to Mumbai on August 16. “It is alleged in the viral video that a passenger Was trying to click obscene pictures of a woman flight attendant and his woman co-passenger.
18.08 / 08:27
Aviat Airlines Time Jalan Kalrock Consortium seeks more time to pay Rs 350 cr to Jet Airways’ lenders
Jet Airways. The National Company Law Appellate Tribunal (NCLAT) has asked the JKC to file an application stating the conditions for seeking an extension to make the payments. The committee has said that it will deposit Rs 100 crore by August 31, and Rs 100 crore by September 30 and the CoC can encash bank guarantee of Rs 150 crore immediately.
17.08 / 14:45
Booking Airlines Airlines are adding new routes and making a bold bet on continued strong demand for travel
Airlines are betting that the travel recovery remains red-hot
17.08 / 13:49
Aviat Airlines hearing NCLT defers hearing in insolvency pleas against SpiceJet to August 18
National Company Law Tribunal Thursday asked Spicejet to satisfy why a notice in a petition filed by aircraft lessor Aircastle (Ireland) Limited should not be served to the airline. The counsel from Aircastle (Ireland) Ltd placed three judgments on record pointing that the same operational creditor could file separate petitions if the invoices were over Rs 1 crore threshold prescribed for insolvency cases. At the earlier hearing, the tribunal had asked the lessor to satisfy if the same operational creditor could file multiple petitions.
17.08 / 13:35
COST Provident Manufacturing Airlines Boeing awards plane Air Force awards a start-up company $235 million to build an example of a sleek new plane
The U.S. Air Force is throwing its support behind a program to develop a sleek, futuristic-looking jet that could provide greater range and efficiency for military tankers and cargo planes
17.08 / 12:29
Airlines IndiGo pilot set to steer Nagpur-Pune flight passes away after collapsing at boarding gate
airport. The official had been slated to operate the airline's Nagpur-Pune flight and collapsed while waiting in the security hold area.
17.08 / 12:23
Man Fighting Airlines Kirklands country Is Reclining Your Airplane Seat Upright Behavior or Downright Rude?
reality, he said, neither passenger owns that space—it’s the airline’s. “The ambiguity lets them sell that space twice on every seat on every flight," he said. Airlines “offload the conflict onto the passengers, who mostly resolve it using good manners and politeness." Brett Wilmot, associate director of the ethics program at Villanova University, said that as an ethical matter, there is no right or wrong on the question.
17.08 / 12:09
Provident Twitter Airlines social 10-year-old girl suffers second-degree burns on Vistara flight after hot beverage spills on her
Vistara Airlines suffered burns while being served hot chocolate, leading to her mother's social media outcry over the airline's alleged poor handling of the situation. The incident took place on the UK25 flight from Delhi to Frankfurt on August 11, 2023. According to the girl's mother, Rachna Gupta, the Vistara air hostess inadvertently caused second-degree burns to her daughter during the hot beverage service.

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