Airlines Financial News

insolvency plea filed against air carrier SpiceJet by one of its operational creditors Willis Lease Finance Corporation. A two-member NCLT bench comprising Members Mahendra Khandelwal and Rahul Prasad Bhatnagar observed that Willis Lease Finance Corporation has withdrawn its insolvency plea for the same dispute in March 2023 and has approached again with a new plea.

By Amruta Khandekar and Shreyashi Sanyal

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Yeh Jawani Hai Diwani (YJHD) inspired many wanderlust souls from our generation to sign up for travel jobs. And, his famous dialogue — “Mai udna chahta hun, daudna chahta hun, girna bhi chahta hun. Bas, rukna nahi chahta” — continues to encourage many to date. Not everyone desires to find comfort in a 9-to-5 cubicle job, right? Some wish to travel and explore the unexplored. However, when reality pulls us back to the ground, we wonder if we can actually earn enough money to pay for our bills through these seemingly exciting travel jobs. While it may have been slightly difficult to resolve this dilemma a decade ago, today you undoubtedly have several career options to make a substantial amount of money without giving up on your passion to travel. Plus, there are various educational institutes offering well-customised courses to help you establish a successful career in the travel niche. All you need is to engage in some research. In fact, to assist you and narrow down your search process, we have listed a few lucrative career options that you can pursue to fulfil your travel dreams. Continue to read to get a brief idea about each one of them. 1) Flight attendant/pilot – If you intend to travel across the globe and interact with different people, nothing can serve you better than the aviation industry. The best part is that the airline pays for your travel, layovers, stay and food. In addition, this is one field where you can take up numerous roles such as a flight attendant, pilot or co-pilot. But bear in mind, each one of them requires you to take up a specialised course, undergo rigorous training and meet specific requirements.

Have you recently taken a flight? If you were flyi... moreHave you recently taken a flight? If you were flying from or to a major airport in the country.

At least seven people on a Hawaiian Airlines flight from Honolulu to Sydney were injured when the plane hit severe turbulence last week

Air travel is getting a bit easier, thanks to a break in storms that have pummeled the East Coast

Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world to try to prop up prices

Air India from the government in January last year, Tata Group has put in place various measures to turn around the fortunes of the loss-making carrier, including placing the largest order for 470 planes and expanding international operations. Tata Group has four airlines — Air India, Air India Express, AIX Connect and Vistara, which is a joint venture with Singapore Airlines.

GoFirst airline have been grounded since 3 May and flights had previously been cancelled till 28 June.dgca The aviation regulator Directorate General of Civil Aviation (DGCA) will conduct an special audit of crisis-hit Go First's facilities in Delhi and Mumbai from July 4 to 6, reported PTI. The regulator will conduct the audit before approving the revival plan for the resumption of flights, the report added.

Reliance Industries: Reliance Jio will begin selling Jio Bharat V2 4G phone which will be internet-enabled, at ₹999, from 7 July targeting India’s 250 million feature phone users that use data-devoid 2G devices. The carrier said Monday that the phone will be available across all offline channels including Jio and Reliance Retail stores. The device will allow phone users to access JioCinema, JioSaavn, and FM Radio, and make UPI payments through JioPay, at plans starting ₹123 a month.

Go First Airlines have agreed to infuse fresh funds to revive the carrier, an order from the Singapore arbitration court expected later this month is crucial for Go First's survival. If the court does not grant Go First relief and direct Pratt & Whitney (P&W) to replace faulty engines, the airline cannot fly, possibly putting the whole recovery process into jeopardy, people familiar with the process said. While the Singapore International Arbitration award had directed P&W to dispatch around 20 engines by December 2023, the engine maker had subsequently challenged it citing payment failure by the airline and the ongoing global supply chain shortage.

Air India has rolled out a new organisational structure for its non flying staff with new designations, work levels and roles that are seen as simplified, market-competitive and productivity-oriented. In April this year, a similar structure had been rolled out for the flying staff including pilots and cabin crew. The new structure is part of the company's ongoing efforts to transform the organisation by demolishing the previous ad hoc policies and promoting performance and productivity focused culture.

NEW DELHI : Go Airlines (India) Ltd will likely induct CFM engine-fitted Airbus A320 family aircraft when the bankrupt airline resumes flight operations as these have proven to be more reliable for the airline in the past, two people aware of the development said. “The airline is open to evaluating the CFM option, and preliminary discussions have taken place on the matter in view of the current scenario," one of the officials cited above said, requesting anonymity. CFM engines are produced by CFM International, an equal joint venture between France’s Safran Group and General Electric Co.

IndiGo on Monday said it cancelled a flight from Istanbul to Mumbai on Sunday due to a technical issue in the Boeing aircraft. Since the aircraft was not available, the flight scheduled from Mumbai to Istanbul on Monday was also cancelled.

Flight Centre boss Graham Turner says domestic business travel is strong despite ongoing cancellation issues includingmore than 100 cancelled flights at Sydney Airport over the weekend as the school holidays began.

Investing.com — U.S. futures inched lower at the start of a holiday-shortened week that includes the release of some key economic data, including the monthly employment report.

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S&P 500 companies paid record cash dividends in 2022 even as the index suffered its worst annual loss since 2008.

Southwest Airlines CEO Bob Jordan sits at the center of the storm after thousands of canceled flights during the holiday travel season, even as the company's shares rebounded Thursday amid falling cancellations.

new 52-week highs today, signaling robust growth and investor confidence. Among the standout performers were Ashok Leyland, Cholamandalam Investment & Finance, Dr Reddy's Labs, HCL Tech, HDFC, HDFC Bank, IndiGO, IndusInd Bank, IOC, and ITC. The data was sourced from BSE at 1:35 pm, and the updates from the real-time data could come with a lag.