Airlines Financial News

17.12 / 09:53
markets Digital Airlines Software Experts PAM International The world’s busiest airline routes in 2024 are largely in Asia
To determine the busiest international and domestic flight routes, OAG analyzed the volume of scheduled airline seats from January to December 2024. The routes listed reflect round trip flights rather than one-ways in a single direction. “With the Asia Pacific region very close to a full recovery, the busiest routes are concentrated in the familiar major hubs of Hong Kong, Seoul Incheon and Singapore,” said John Grant, chief analyst at OAG, in a release.
16.12 / 14:33
markets Airlines Software awards Justice Courts Videos Delhi HC directs senior SpiceJet officials to appear over non-payment of dues
Delhi High Court has directed the chief operating officer and chief executive officer of SpiceJet to appear before it in a plea seeking compliance of over USD 6.03 lakh in payment to the aircraft engines lessors. Justice Manmeet PS Arora «specifically denied» the request of the counsel for judgement debtor, SpiceJet, for the appearance of the two senior officers before the court through video conferencing. «The chief operating officer (COO) and chief executive officer (CEO) of the judgement debtor are directed to remain present in court on the next date of hearing, that is, January 16, 2025,» the court said in its order on December 10. The court was hearing an application by the decree holder and aircraft engine lessor Team France 01 SAS and another, seeking a direction for the compliance of the consent order passed on May 29 wherein the airline was directed to make the payment of USD 6,03,870.82 to the decree holders.
16.12 / 00:17
markets Aviat Fighting Airlines Strategy cover rights Hello, 6E: Whose brand is it anyway?
Subscribe to enjoy similar stories. In a marketplace where even the simplest code can signal brand identity, low-cost airline IndiGo’s tussle with automaker Mahindra and Mahindra over “6E" poses a fundamental question: when does a combination of letters and numbers stop being generic and become proprietary brand turf? At first glance, the dispute seems unusual. IndiGo, India’s largest airline, uses 6E as its call sign, a unique identifier in aviation.
16.12 / 00:17
UPS Citi Booking Airlines Metro travelers Destinations Airfare on metro routes down 28%, up on non-metro routes
Subscribe to enjoy similar stories. New Delhi: Those planning to travel between metro cities this year-end are in for a treat. According to data from ticket booking portals, airline ticket prices between metropolitan cities have crashed by almost a third this month compared to December 2023.
15.12 / 09:45
Citi Airlines McGrath volunteers International Destinations Flight takes kids to visit Santa at North Pole scene in transformed Denver airport hangar
More than 100 kids have been treated to an airplane flight and visit to a hangar at Denver International Airport that was transformed into the North Pole
14.12 / 06:25
Booking Airlines performer concert musician travelers pianist Air Canada denies world-renowned musician from boarding flight with cello
Toronto concert following a dispute with Air Canada over his cello’s pre-booked seat.Kanneh-Mason, currently on tour in North America with his sister and pianist, Isata Kanneh-Mason, detailed the incident in a heartfelt Instagram post.“We were deeply saddened not to be able to perform for you at Koerner Hall last night,” they wrote Thursday.The siblings were scheduled to perform at the Koerner Hall on Wednesday, but a series of travel mishaps with the airline, resulted in the denial of boarding with his valuable instrument.“First we had delays, then a cancellation, and the day concluded by being denied boarding with the cello – despite having a confirmed seat for it – on a new, final flight into Toronto,” the siblings wrote.“After nine anxious hours at the airport, we realized our journey wasn’t going to be possible.”According to the musician’s website, his cello is on an indefinite loan to him, which requires special care and arrangements due to its historical value. In a statement from Air Canada, they said they regret that the customers were not able to travel as expected and will be in contact with them.The airline’s policy states that passengers may buy a seat for a musical instrument as long as they meet specific size and weight requirements.“In this case, the customers made a last-minute booking due to their original flight on another airline being cancelled.
13.12 / 19:43
markets Airlines Strategy Software Food performer chess As befits a high-flying India: It is natural for Indians to expect that Air India will become world class again—as soon as possible!
Air India aircraft, evocatively named the Emperor Ashoka, way back in 1972. Needless to add it left a deep impression on my six-year-old mind, not only because of the dimension of a Boeing 747 ('Jumbo') but the regal ambience, the glamorous, poised cabin crew, and even the food.
13.12 / 15:29
markets Airlines Strategy Software Experts SpiceJet clears all pending PF dues worth Rs 160 cr
SpiceJet Friday said it has cleared all pending employee provident fund (PF) dues amounting to Rs 160.07 crore, covering two years. In the past three months, since raising Rs 3,000 crore through a Qualified Institutional Placement (QIP), SpiceJet has cleared all statutory liabilities, including Tax Deducted at Source (TDS), Goods and Services Tax (GST), and pending employee salaries. By addressing these dues, the airline is set to reduce interest costs significantly. Since October 2024, SpiceJet has been using its internal cash flows to meet statutory obligations like PF and TDS payments.
13.12 / 06:49
markets Airlines Strategy Experts social reports travelers Istanbul Indigo Flight Fiasco: Airline leaves 400 flyers grounded without food, accommodation for over a day
IndiGo flights 6E 12 (Istanbul to Delhi) and 6E 18 (Istanbul to Mumbai) faced significant delays exceeding 24 hours at Istanbul Airport. Originally scheduled for departure on Wednesday night, the flights were postponed multiple times without proper updates, leaving travellers stranded in challenging conditions. As of Friday morning, 39 hours into the ordeal, IndiGo had not confirmed departure times.
12.12 / 01:07
markets Aviat Airlines Sustainability travelers International Destinations IndiGo's 100% stock rally: What comes next?
Subscribe to enjoy similar stories. Imagine this: it’s 2015, and India’s largest airline by domestic market share—IndiGo, holding nearly 35%—is preparing for its initial public offering (IPO). But this isn’t just any IPO; it’s one backed by a profitable airline boasting a rare 10% net profit margin.
11.12 / 02:11
UPS Airlines reports Traffic Interviews Investigations A Southwest jet and a small plane wound up on the same runway after being cleared to land
A Southwest Airlines jet and a small plane wound up on the same runway in California in October after an air traffic controller cleared both planes to land on the same runway
10.12 / 20:29
Aviat Manufacturing CEO Airlines Boeing TUI Trade Boeing is building new 737 Max planes for the first time since workers went on strike
Boeing is resuming production of its bestselling plane, the 737 Max
10.12 / 20:29
Citi BLOCK Airlines Highways Bill President Department Truck drivers in Mexico block major highways to protest the government's failure to pay bills
Truck drivers have blocked some major highways in central Mexico to protest the fact the government hasn't paid them for work they did on a tourist train line
10.12 / 20:29
UPS Airlines Trade Hawaiian International Destinations Alaska Airlines will spread its wings by flying to Tokyo and Seoul beginning next year
Alaska Airlines says it will launch service from Seattle to Tokyo and Seoul next year as part of a plan to boost international flying in the next several years
10.12 / 11:57
Reuters Fox Airlines Boeing show reports Investigations Boeing to layoff hundreds in Washington state as company-wide cuts continue
Third Bridge global head of analysts Peter McNally discusses how the Boeing factory workers strike is impacting business on 'The Big Money Show.'
10.12 / 11:57
Fox Airlines security country reports travelers International American Airlines halts flights to Haiti
Check out what's clicking on FoxBusiness.com.
09.12 / 21:53
Citi Action Airlines President Freedom country Mexican soldiers will get a pay raise after elimination of oversight agencies, president says
Mexico's president says much of the money gained by eliminating independent oversight and regulatory agencies will go to the army to fund a rise in soldiers’ pay
09.12 / 16:47
UPS Airlines pandemic information 2020 travelers prevention It's his job to keep American's planes running on time
It's the job of American Airlines' chief operating officer to make sure the carrier's flights take off on time and fly safely during one of the busiest travel periods of the year
09.12 / 14:41
Citi Airlines awards BAY social travelers IndiGo cancels all flights to and from Ranchi due to fog today
Ranchi, Jharkhand, have been cancelled on Monday because of reduced visibility caused by fog, the airline said in a social media post. It said that passengers travelling from the city could opt for to reschedule or cancel their tickets.
09.12 / 07:27
markets Digital Airlines security film Videos Couple caught having sex on plane, crew faces heat as explicit footage goes viral
The video was captured by the cockpit-controlled security cameras on the Swiss Air passenger jet. The couple, which reportedly snuck into plane's kitchen, were filmed by crew members engaging in sexual activity, sparking outrage and raising concerns about passenger privacy and conduct of the crew.
05.12 / 18:29
FIVE Airlines economy Boeing Simulation Justice Department US judge rejects Boeing's plea deal in a conspiracy case stemming from fatal plane crashes
A federal judge has rejected a deal that would have allowed Boeing to plead guilty to a felony conspiracy charge and pay a fine for misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed, killing 346 people

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