Airlines Financial News

09.08 / 18:21

UPS Provident Action Airlines awards week Submit financials in one week, Delhi HC tells SpiceJet

₹393 crore debt owed to him. During the hearing, Maran’s counsel Maninder Singh called for action against SpiceJet for intentional non-compliance with previous court orders, and its failure to provide necessary documents. SpiceJet’s counsel Sandeep Sethi, in turn, pleaded against any severe measure, citing the extension till 5 September that the court had granted to comply with its orders and pointed out that such action would negatively impact SpiceJet’s narrow profit margins and its workforce.

09.08 / 16:53

Facebook COST Airlines awards Southern Judge rules that Southwest failed to follow his order in a flight attendant's free-speech case

A federal judge is heaping sanctions on Southwest Airlines for, he says, failing to follow his orders in a case involving a fired flight attendant's free-speech rights

09.08 / 16:53

UPS Aviat Airlines The FAA asks the FBI to consider criminal charges against 22 more unruly airline passengers

Federal officials say they're asking the FBI to consider criminal prosecution of nearly two dozen more airline passengers accused of disturbances on flights

09.08 / 16:43

UPS Aviat Airlines Strategy Mobile cover What Was Once a Weed Could Fuel Jet Engines

agricultural trading house Bunge. Exxon Mobil has a multiyear agreement with Global Clean Energy Holdings to purchase renewable diesel made from camelina. Growing these oilseed plants between main crop rotations on land already used for farming helps limit damage like deforestation, says Alex Clayton, global strategy and commercial lead for Nuseed Carinata.

09.08 / 11:13

IPO Provident Airlines band Premium services end Zeal Global Services shares list at 42% premium, end the day at 5% upper circuit

₹147 per share, 42.7 percent higher than the issue price of ₹103 on the NSE SME exchange. Zeal Global Services share price extended gains posting and were locked at 5% upper circuit after making a strong debut. Zeal Global Services share price closed at ₹154.35 apiece.

09.08 / 09:33

UPS Provident Aviat Action Airlines awards week Delhi HC asks SpiceJet to submit its financials in a week

₹393 crore debt to him. During the hearing, senior lawyer Maninder Singh pointed out that SpiceJet hasn't complied with previous court orders and hasn't submitted the required documents. He argued that the airline's deliberate defiance warrants action.

09.08 / 09:05

Reuters Booking Airlines Browser TUI show Time Returns TUI returns to profit for first time since pandemic

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09.08 / 07:39

COST Airlines Strategy Moodys Nikkei Tokyo stocks close lower on banking concerns, China data

Tokyo stocks closed lower Wednesday on concerns over the banking sector and weak China trade data, while investors await US inflation figures for clues on Fed strategy. The benchmark Nikkei 225 index slipped 0.53 percent, or 172.96 points, to 32,204.33, while the broader Topix index trimmed 0.40 percent, or 9.16 points, to 2,282.57.

09.08 / 05:53

UPS Airlines Patrick Cathay Cathay Pacific posts best H1 profit since 2010, to repay govt aid package

By Clare Jim

09.08 / 04:55

UPS Reuters Booking CEO Airlines show NOT Rising prices for travel do not appear to be curbing wanderlust

By Joanna Plucinska, Rajesh Kumar Singh, Doyinsola Oladipo and Priyamvada C

09.08 / 01:33

Provident Airlines Chase show exclusive TPG snares funerals group InvoCare in $1.8b win for private equity

Private equity group TPG has won out in its five-month pursuit of InvoCare, after the board of Australia’s biggest funerals and crematoria operator endorsed a trimmed back offer of $1.8 billion.

08.08 / 18:29

Aviat LEGO Platform Airlines Remark star social Features LEGO unveils new Concorde Set 2023: Release date, features, and more

LEGO Concorde 2023 set, generating excitement among fans with its preliminary sneak peeks. Although details are currently limited, this eagerly awaited set is slated to hit store shelves on September 4, 2023. Rumored to bear the set number 10318, the LEGO Concorde set is anticipated to be a grand display with a remarkable piece count of over 2083. With an expected price tag of $199.99, this set promises to captivate enthusiasts and will be available on both lego.com and prominent retailers nationwide. While the set does not include mini-figures, it compensates with an intricately designed interior complete with well-crafted seats.

08.08 / 18:19

Provident Merit Action Airlines Barrett performer American Airlines NOT Lawsuit over ESG in 401(k) not cleared for takeoff, American Airlines says

The first lawsuit over the use of ESG in a 401(k) has a few gaping holes — most notably that the lead plaintiff in the proposed class action wasn’t invested in any of the funds in question, defendant American Airlines said.

08.08 / 14:07

FIVE Aviat Airlines Boeing ICE Discover FAA warns of safety hazard from overheating engine housing on Boeing Max jets during anti-icing

Boeing 737 Max jets in dry air to avoid overheating engine-housing parts, which could cause them to break away from the plane. The Federal Aviation Administration says the risk to the flying public is serious enough that it will put the order into effect in just 15 days, and without allowing public comment first. The FAA said if the engine inlet gets too hot, parts of the housing could come off and strike a window, causing decompression and a hazard to passengers in window seats.

08.08 / 12:47

Aviat Airlines Jet Airways Q1 results: Revenue at ₹37.57 crore

₹37.57 crore for the April-June quarter of fiscal year 2024. On July 31, Jalan-Kalrock Consortium (JKC) said aviation regulator DGCA renewed Jet Airways’ air operator certificate.

08.08 / 11:01

COST UPS Aviat Airlines Aviation white paper boss quits

The head of the federal government’s eagerly anticipated aviation white paper has resigned, raising more doubts about the government’s willingness to act on growing competition concerns in the airlines sector.

08.08 / 08:43

COST UPS Citi Airlines Singapore Airlines plans a jump in flights to Australia

Singapore Airlines is ramping up its flights into Australia to meet booming demand from travellers, with plans to add 4700 seats a week next year in a move that should help to ease the cost of international airfares.

08.08 / 03:45

UPS Waves Booking Extreme Airlines country Heat and wildfires put southern Europe's vital tourism earnings at risk

Greece’s resort island of Rhodes is nursing its wounds after 11 days of devastating wildfires

08.08 / 03:05

Aviat Airlines Enterprise country Deal National Pakistan to privatise loss-making national airline; govt plans to outsource airport operations in line with IMF deal

Pakistan plans to privatise its loss-making national carrier Pakistan International Airlines, the government said on Monday, as the country also seeks to outsource its airport operations in line with an IMF deal. The privatisation decision was taken at a meeting of the Cabinet Committee of Privatisation chaired by Finance Minister Ishaq Dar.

07.08 / 20:01

UPS Reuters Aviat Airlines Airlines seek extension to minimum flight requirements cuts at NYC-area airports

WASHINGTON (Reuters) — Major U.S. airlines on Monday asked the Federal Aviation Administration to extend cuts to minimum flight requirements at congested New York City-area airports and a Washington airport, citing a lack of adequate air traffic control staffing.

07.08 / 17:17

Airlines National Pakistan to privatise loss-making national airline

ISLAMABAD (Reuters) — Pakistan plans to privatise its national carrier Pakistan International Airlines, the government said on Monday.

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