Airlines Financial News

₹5686, up 9% over last year. The company has over 10,000 rooms across its 107 hotels.

according to the Canadian Airports Council. The next 30 are at barely 70 per cent.Driving the travel rebound is a surge along big-city routes.

SpiceJet has delayed the June salaries further to a section of its employees, citing «pressing operational financial commitments». In an email to pilots sent on Thursday, Virendra Malhotra, vice president of flight operations at SpiceJet said the salaries, which have been «delayed...this month (June) beyond expectations» would be disbursed «shortly». ET has seen a copy of the letter.

Mary Schiavo carefully describes what she saw happen when Voepass Linhas Aéreas Flight 2283 plummeted to the ground in Brazil Friday, an airline crash that killed all 62 aboard.

Brazil plane crash, that killed all 62 people on the aircraft, has once again raised apprehensions over the safety of the flight journey. However, amidst all the despair, there is an incident which shows how hiccups can sometimes save one's life. Two travelers named Adriano Assis and Jose Felipe have revealed there mixed up pertaining to the airlines and they couldn't board the fateful flight, as per a report on New York Post. Ultimately, the goof-ups ensured that they didn't meet the tragic ending.

Brazilian rescue teams have retrieved the remains of all 62 passengers from the wreckage of a plane crash in Sao Paulo state as families began gathering in the metropolis to identify and bury their loved ones

The Olympic Games are causing a surge in prices, but French consumers aren't likely to feel its pinch.

Sao Paulo as forensics experts work to identify the remains of the 62 people killed in the accident. Local authorities said the bodies of the pilot, Danilo Santos Romano, and his co-pilot, Humberto de Campos Alencar e Silva, were the first to be identified by forensics experts. Sao Paulo state government said in a statement Saturday evening that the remains of all the victims had been recovered. There were 34 male and 28 female bodies in the wreckage, it said. The ATR 72 twin-engine turboprop operated by Brazilian airline Voepass was headed for Guarulhos international airport in Sao Paulo with 58 passengers and four crew members when it went down Friday in Vinhedo, 78 kilometres north of the metropolis. Voepass said three passengers who held Brazilian identification also carried Venezuelan documents and one had Portuguese.

The Met Department expects the maximum and minimum temperatures likely to settle around 32 and 26 degrees Celsius, with a generally cloudy sky throughout the day. Rains lashed the national capital on Saturday prompting heavy traffic due to waterlogging in various parts of the city.

investigators Saturday began analyzing the black boxes from a Sao Paulo-bound flight to try to understand why the passenger plane fell from 17,000 feet Friday, in a crash that killed all 62 on board. But to aviation experts around the world who watched videos showing the 89-foot plane spinning slowly as it plummeted before crashing almost directly on its belly, the question of what had happened was simple to answer: The plane had stalled. In other words, the plane's wings had lost the lift needed to keep the aircraft aloft, causing it to stop flying and start falling.

Vinhedo: An airplane carrying 57 passengers and four crew crashed Friday in Brazil's Sao Paulo state, killing everyone on board, the airline said. The aircraft, an ATR 72-500 operated by Voepass airline, was traveling from Cascavel in southern Parana state to Sao Paulo's Guarulhos international airport when it crashed in the city of Vinhedo. Voepass initially said the plane was carrying 58 passengers, but a statement on the airline's website later revised the figure to 57.

Embraer is in talks with the government and top conglomerates to set up a manufacturing unit in India, a top executive said. However, progress will depend on the company’s jets gaining access to India’s large and rapidly expanding domestic market, dominated by Airbus and Boeing planes. India is among countries such as China, Turkey, Japan and Saudi Arabia with which the firm is discussing a possible partnership, said Arjan Meijer, CEO and president of Embraer’s commercial aviation business. “We have been vocal for the last couple of years that we are looking for a partner,” Meijer told ET. “We have always said we want to cooperate, but we also want to bring our products into the market.”

Boeing‘s new CEO is on the job and visiting a key factory near Seattle

Delta Air Lines is facing a class action lawsuit, which claims the airline refused to give refunds following a global technology outage last month

Egypt’s Civil Aviation Ministry says it's ordered Egyptian airlines to avoid Iranian airspace for three hours on Thursday after a notice from Tehran to do so because of military exercises

Officials from Boeing and the Federal Aviation Administration are facing questions about the door plug that blew off a 737 Max jetliner in midflight

Microsoft is joining cybersecurity firm CrowdStrike in fighting back against criticism from Delta Air Lines

Air Canada reported a second-quarter profit of $410 million, down from $838 million a year earlier, as its operating revenue edged higher.

Microsoft blamed Delta Air Lines on Tuesday for its dayslong struggle to recover from a global cyber outage that led it to cancel more than 6,000 flights. The flight disruptions stranded hundreds of thousands of travelers and are estimated to cost the Atlanta-based airline $500 million. Last week, Delta's CEO Ed Bastian told CNBC that while the airline heavily relies on Microsoft and CrowdStrike, both tech companies had failed to deliver an «exceptional service.» In the interview, he also said that Microsoft had the «most fragile platform.»

Briefing occurred Tuesday in Renton, Washington, detailing «defect» from supplier.

Mint explains the rationale for these moves and what it entails for the future of IndiGo and the Indian aviation ecosystem. After covid-related restrictions were eased in May 2020, India’s aviation ecosystem recovered strongly. The visible signs of an expanding economy, a growing middle class, and higher disposable income were credited with for boosting travel across metros and smaller cities.