Airlines Financial News

28.07 / 11:25

Citi FIVE Aviat Airlines Boeing Returns Paris-bound Air India flight returns to Delhi after officials notice tyre debris on runway

airport shortly after take-off. The flight returned at 2.18pm after Delhi Air Traffic Control (ATC) informed the on board cabin crew that they noticed tyre debris on the runway after the plane took off. The flight has returned to Delhi and is undergoing necessary checks.

28.07 / 11:20

Digital Platform Airlines Strategy Boeing performer cover week Air India to launch performance management system for non-flying staff next week

New Delhi: Tata Group-backed Air India will launch a new performance management system called Rise.AI for its non-flying staff next week. “Rise.AI will introduce a fair, transparent, and completely digitized appraisal system, with clearly defined job descriptions and specific performance goals so that our staff know what is expected of them and what they must deliver on," the airline’s chief executive officer Campbell Wilson told employees in an internal email. The platform will link back to the Vihaan.AI organizational goals, Wilson said.

28.07 / 11:19

Aviat Airlines show penalty DGCA imposes penalty of ₹30 lakh on IndiGo for operational deficiencies

₹30 lakhs on IndiGo Airlines and also directed them to amend their documents and procedures in line with DGCA requirements and OEM guidelines. IndiGo witnessed four tail strike incidents on A321 aircraft within a span of six months this year, following which the Directorate General of Civil Aviation (DGCA) carried out a special audit of the airline. In a release, DGCA said that during the audit, it reviewed the airline's documentation and procedure on operations, training, engineering and FDM programme.

28.07 / 11:17

UPS Airlines Indian Indian Airlines To Face Capacity Shortage In Peak Travel Season | Mint Primer

Indian airlines face a potential capacity shortage... moreIndian airlines face a potential capacity shortage in the peak December quarter due to sluggish aircraft induction plans.

28.07 / 10:36

Citizens Action Airlines Inside Flight takes off without Karnataka Governor on board, airline apologises

Bengaluru: Karnataka Governor Thaawarchand Gehlot was on Thursday denied boarding on an Air India subsidiary AIX Connect flight over alleged «delay» in reporting. The Governor's office lodged a complaint over «breach of protocol» and the Airline on Friday offered an apology. The flight took off from Bengaluru's Kempegowda International Airport here on Thursday without allowing the Governor on board.

28.07 / 10:26

Aviat Action Airlines Inside Fine DGCA slaps Rs 30 lakh fine on IndiGo for four tail strike incidents in six months

India's aviation regulator DGCA on Friday imposed a penalty of Rs 30 lakh on IndiGo airline for four tail strike incidents in six months of 2023. «DGCA has imposed a financial penalty of Rs 30 lakhs on IndiGo airlines and also directed them to amend their documents and procedures in line with DGCA requirements and OEM guidelines,» ANI quoted DGCA as saying.

28.07 / 10:23

UPS Action Airlines Nestle KFC social Just one piece of chicken in 12-hour flight!

British Airways flight had a shocking experience recently. According to reports, some passengers on a 12-hour-long BA flight were served just one piece of KFC chicken instead of a gourmet meal. The incident happened way back on June 23 but came to light on July 26.

28.07 / 09:01

Man Aviat Fighting Airlines Mumbai 47-year-old professor arrested for sexually assaulting 24-year-old lady doctor on Delhi-Mumbai flight

As per the report, the incident took place on Wednesday. The accused professor was seated next to the 24-year-old victim on the flight, which took off at 5.30 am from Delhi. According to the lady doctor's allegation, the accused made unwanted physical contact with her before the plane was set to touch down at the Mumbai airport, a police official told PTI.

28.07 / 02:55

Reuters NASDAQ DOW Airlines Nikkei US stock market: Dow snaps longest winning streak since 1987

Dow since 1987. The Nikkei newspaper reported the central bank will maintain its 0.5% cap for the 10-year government bond yield, but discuss allowing long-term interest rates to rise above that level by a certain degree. Reuters confirmed the central bank may make minor tweaks to extend the lifespan of its yield control policy.

27.07 / 20:07

COST UPS Booking CEO Airlines Costs Soaring labor costs at Southwest Airlines overshadow record revenue as summer travel revs up

Southwest Airlines is reporting a $683 million profit for the second quarter, and revenue is a quarterly record as planes are packed during the peak summer travel season

27.07 / 20:07

UPS CEO Airlines country Qatar Airways posts a $1.2 billion profit over the last fiscal year when it hosted FIFA World Cup

Qatar Airways says it earned a profit of $1.2 billion over the last fiscal year, boosted in part by the small Arabian Peninsula country's hosting of the 2022 FIFA World Cup

27.07 / 17:25

Airlines show U.S. court denies Go First emergency arbitration in Pratt & Whitney dispute

Go Airlines was on Thursday denied a motion for emergency arbitration in its dispute with U.S. engine maker Pratt & Whitney, a court filing with the U.S.

27.07 / 17:13

UPS Citi Provident Airlines Pride American Airlines Returns American Airlines flight returns to NYC within 2 hours, reason - ‘disruptive’ passenger called cabin crew ‘waiter’

airport, two hours after departing to unload a ‘disruptive’ passenger, who reportedly called one of the cabin crew a ‘waiter’. According to New York Post, the ‘disruptive’ passenger is one Joel Ghansham, who was travelling business class on Flight 2557 was bound for Georgetown, Guyana. The report states that Ghansham asked a flight attendant for help putting his luggage in the overhead cabin because he reportedly recently underwent spine surgery.

27.07 / 17:13

COST Citi Aviat Airlines Interface Harmonic social AirAsia India gets green to fly under AI Express brand

New Delhi: AirAsia India on Thursday received approval from India’s civil aviation regulator, the Directorate General of Civil Aviation, to operate flights under the Air India Express brand, according to a company statement. On 25 July, Mint reported that AirAsia India had sought the DGCA’s nod to expedite the integration of the two airlines, including a rebranding from AirAsia India to Air India Express. With the regulatory approval in place, Air India Express and AIX Connect flights can now be marketed, distributed and operated under a common brand name, ‘Air India Express’, which paves way for the proposed legal merger of the two.

27.07 / 16:41

IPO Provident Airlines Assurant show performer services Zeal Global Services IPO: Air cargo logistics company ZGSL sets sights on SME IPO

₹5 as of today. The company's fully devoted team, with over 5000 man-hours of GSSA industry expertise, is skilled at identifying critical procurement areas and providing competitive pricing solutions. Zeal Global Services takes pleasure in providing effective support for goods export, assuring a smooth and trouble-free process.

27.07 / 15:51

Booking Airlines Air India to start Delhi-Dhaka direct flights from Sep 15

Air India on Thursday said it will start direct flights between Delhi and Dhaka from September 15. The airline already operates flights between Kolkata and Dhaka.

27.07 / 14:21

Citi Provident Aviat Platform Airlines Interface exclusive AirAsia India gets nod to operate under Air India Express brand

New Delhi: AirAsia India has received approval from the Indian civil aviation regulator to operate its flights under the Air India Express brand, the airline said on ThursdaY. Mint had exclusively reported on 25 July that AirAsia India has sought approvals from the civil aviation regulator Directorate General of Civil Aviation to expedite the integration of the two airlines, including a rebranding from AirAsia India to Air India Express. The move will result in harmonisation of customer touch points, products, and services across both airlines.

27.07 / 14:05

Booking Aviat Airlines star services Shivamogga to offer flight services to Tirupati, Goa and Hyderabad

Shivamogga, opened by Prime Minister Narendra Modi early this year, will receive its first flight on August 31, Infrastructure Development Minister MB Patil said. Indigo Airlines has initiated bookings for the scheduled first journey from Bengaluru to Shivamogga on August 31.

27.07 / 12:55

EBAY McDonald's Platform Airlines Align Meta Platforms Stocks making the biggest moves premarket: Southwest Airlines, Meta Platforms, Align Technology, EBay and more

Check out the companies making headlines in early morning trading.

27.07 / 10:59

UPS AXY Aware Airlines Reserve Credit Card Rule Change: Axis Bank reduces benefits on Axis Magnus, Axis Reserve credit card; check new rules

Axis Bank has recently introduced some major changes for its credit card customers. This move will impact customers of the Axis Bank Magnus and Axis Bank Reserve credit cards. You must be aware of the changes if you use any of them.

27.07 / 10:59

Citi Booking Airlines Mobile Air India to start Delhi-Dhaka direct flights from Sept 15

Air India will commence its direct flights from Delhi to Dhaka from September 15, the airline announced on Thursday. In a move to enhance connectivity between the capital cities of India and Bangladesh, Air India will fly four times a week between the two cities using its Airbus A320 aircraft.

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