Airlines Financial News
18.06 / 05:33
Manufacturing
CEO
Airlines
Boeing
Qualcomm
politician
International
Boeing’s CEO search hits some turbulence
Several high-profile candidates have turned down the chance to run Boeing, complicating the jet maker’s search for a new leader amid discussions about whether the next CEO needs to be based near its Seattle-area factories. Boeing CEO David Calhoun said in March he would step down by the end of the year. GE Aerospace CEO Larry Culp, widely considered a natural for the job, declined Boeing’s request to consider taking over, said people familiar with the discussions.
17.06 / 15:51
Action
Airlines
Trade
stage
consequences
reports
International
audit
Air India Express completes IATA's operational safety audit
Air India Express announced on Monday that it had completed Operational Safety Audit (IOSA) by the International Air Transportation Authority (IATA), the trade association of airlines worldwide. Improving airline operational safety and enhancing efficiency are the two key elements of the IOSA registration. The audit looks at corporate organization and management, flight operations, operational control and flight dispatch among other key areas. '’We are proud to announce our successful completion of the IATA Operational Safety Audit (IOSA). The IOSA is a rigorous evaluation process, and achieving this distinction reinforces our commitment to upholding the highest international standards across all aspects of our operations," said Aloke Singh, Managing Director, Air India Express.
17.06 / 11:39
UPS
Aviat
Airlines
Boeing
Discover
reports
Investigations
dutch
A Southwest Airlines plane that did a 'Dutch roll' suffered structural damage, investigators say
Investigators say a Southwest Airlines plane suffered damage to parts of the structure after it went into a “Dutch roll” during a flight last month
17.06 / 11:37
Citi
Aviat
Aware
Airlines
Boeing
Diversity
information
Passenger plane lands safely in New Zealand after a fire shuts down an engine
New Zealand's fire service says a passenger plane landed safely after a fire shut down one engine shortly after takeoff from Queenstown on the South Island
17.06 / 11:37
UPS
Aviat
Airlines
War
Investigations
diving
Divers find remains of Finnish WWII plane that was shot down by Moscow
The World War II mystery of what happened to a Finnish passenger plane after it was shot down over the Baltic Sea by Soviet bombers appears to finally be solved more than eight decades later
17.06 / 10:17
COST
Airlines
Election
President
performer
reports
India Inc to post tapered revenue growth in Q1FY25, says ICRA
India Inc’s sequential revenue growth is expected to taper in the first quarter of FY25, stated a report by ICRA. While signs of a revival in rural demand have emerged, ICRA said that headwinds such as a slowdown in the Government of India’s (GoI) spending during the Parliamentary elections and onset of monsoon period are likely to weigh on growth in H1 FY2025. However, the operating profit margin (OPM) will remain steady in the range of 15-18 per cent, despite the expected tapering in revenue growth, as raw material costs are expected to remain steady.
17.06 / 10:17
Citi
Provident
Airlines
travelers
Department
International
Destinations
Akasa Air launches Mumbai-Riyadh daily flight operations! Here’s what it means for India’s youngest airline
Akasa Air, India’s youngest airline, is on an expansion spree. The airline has commenced operations to Riyadh, the capital of the Kingdom of Saudi Arabia. Now, Akasa will operate daily flight operations between Mumbai and Ridyadh, the airline said in a statement. As per the company, the inaugural flight on June 15, 2024 departed from Chhatrapati Shivaji Maharaj International Airport in Mumbai.
17.06 / 09:01
Booking
Airlines
Food
reports
shock
prevention
Investigations
Air India passenger finds metal blade in meal, airline says this
Air India reportedly found a piece of metal blade in his meal. Confirming the incident, a spokesperson for the airline later blamed a vegetable processing machine for the same. Rajesh Dogra, Chief Customer Experience Officer of Air India, said, «Air India confirms that a foreign object was found in the meal of a guest aboard one of our flights. After investigation, it has been identified as coming from the vegetable processing machine used at the facilities of our catering partner. We have worked with our catering partner to strengthen measures to prevent any recurrence, including more frequent checking of the processor, especially after chopping any hard vegetables.» The airline has come under scrutiny for poor services in recent times.
16.06 / 00:31
Aviat
Airlines
Death
Fastenal
reports
travelers
International
Why was this 10-year-old boy and his father removed from a flight in Colombia?
Colombia witnessed dramatic scenes when the pilot decided to take it back to the holding area to deboard two passengers. The two passengers included a 10-year old boy who refused to wear the seat belt and sit down and his father who was trying to control him. This resulted in a delayed take off leaving the passengers fuming. Latam Airlines 4049 was traveling on the Santa Marta to Bogota sector. The flight was delayed by an hour. This incident comes in the midst of various other flights across the world running into rough weather. The importance of the seat belt is back in the forefront of aviation safety.
15.06 / 05:37
Aviat
Airlines
Boeing
ICE
rock
reports
Investigations
FAA investigating Boeing 737 ‘Dutch roll’ incident, ‘substantial’ damage
Boeing 737 jet owned by Southwest Airlines has been grounded amid a Federal Aviation Administration (FAA) investigation into a rare mid-air manoeuvre called a “Dutch roll” that occurred mid-flight.The plane was travelling from Phoenix, Ariz., to Oakland, Calif., on May 25 when the yawing movement occurred nearly 32,000 feet (almost 9,750 metres) in the air.According to a 2022 Boeing safety pamphlet about Dutch rolls, the motion occurs when a plane moves in two axes as it tips from wingtip to wingtip while the tail rocks side to side. A Dutch roll can be caused by both wind and pilot input, but is nauseating for passengers in either circumstance.Federal officials said the Dutch roll may have been caused by damage to the jet’s backup power-control unit (PCU), which commands the jet’s vertical rudder.The damage was discovered during a post-flight inspection of the aircraft.The Boeing 737 has been grounded since the flight.
15.06 / 04:53
UPS
Aviat
Airlines
Boeing
Discover
reports
Investigations
dutch
A Southwest Airlines plane that did a 'Dutch roll' suffered structural damage, investigators say
Boeing 737 Max suffered damage to parts of the plane's structure after it went into a «Dutch roll» during a Southwest Airlines flight last month, U.S. investigators said Friday. The incident happened as the jet cruised at 34,000 feet from Phoenix to Oakland, California, on May 25, but Southwest did not notify the National Transportation Safety Board about the roll or damage to the jetliner until June 7, the NTSB said.
15.06 / 04:53
FIVE
Manufacturing
Airlines
Boeing
reports
Investigations
International
Boeing whistleblower tips to FAA soar 11x since door panel blowout
Boeing Co. whistleblower reports in the first five months of this year compared to all of 2023, according to data the agency shared with Bloomberg News. From Jan. 5 through May, 126 tips were reported to the regulator, compared to 11 in all of 2023, the FAA said in a statement Friday.
15.06 / 01:45
markets
Aviat
Manufacturing
Airlines
War
travelers
International
Two years on, global aviation yet to recover from covid
NEW DELHI : New Delhi: Demand for air travel is taking off globally, but there aren’t enough planes to carry all the people who want to fly with the aviation sector yet to recover from covid and the repercussions of the Russia-Ukraine war. Not enough parts are available to manufacture planes because of a persistent supply chain bottleneck, forcing several airlines to lease jets instead, often at higher prices. There’s a scramble even for those leased planes.
14.06 / 17:03
UPS
Airlines
Boeing
show
reports
testing
Investigations
FAA investigating how titanium parts with falsified records wound up in Boeing and Airbus planes
Federal officials are investigating how parts made with titanium sold with falsified documentation wound up in Boeing and Airbus passenger jets
14.06 / 16:59
Airlines
wellness
War
country
travelers
Traffic
International
Air travel: International footfalls from India are not growing as fast as domestic— here is why
Also Read: Airfares have soared, but summer travellers don't careHow did the traffic not grow? The growth has been on the edge for a while until countries enticed Indians with visa-free travel or visa on arrival, which has been the case with Thailand and Malaysia. While travel to South East Asia has been on the rise, largely led by increased connectivity, travel to Europe and North America is yet to see its heydays.Europe has seen an ongoing war since 2022, along with the delay in issuing Schengen visas.
14.06 / 15:29
Provident
Aviat
Airlines
reports
Traffic
International
IndiGo to receive compensation from Pratt & Whitney for grounded aircraft
InterGlobe Aviation — the parent company of no-frills carrier IndiGo — on Friday said it will receive a «customised» compensation from aircraft engine maker Pratt & Whitney's affiliate firm International Aero Engine (IAE) for grounded aircraft. «On June 14, 2024, InterGlobe Aviation Ltd finalized an amendment to the existing agreement with International Aero Engines, LLC, an affiliate of Pratt & Whitney pursuant to which IAE will provide IndiGo with a customized compensation in relation to the ongoing situation of aircraft on ground due to unavailability of engines,» InterGlobe Aviation said in a regulatory filing. The company, however, did not give the amount of compensation.
14.06 / 11:17
14.06 / 01:27
Aviat
Airlines
country
travelers
rights
International
Destinations
More rights for foreign airlines: who will fly high?
Mint explains their working, the impact on airlines and passengers. Bilateral rights are granted under air service agreements between two countries. They are a set of commercial aviation rights granting an airline the right to enter another country’s airspace.
13.06 / 23:27
Aviat
Airlines
Boeing
ICE
rock
reports
Investigations
The FAA and NTSB are investigating an unusual rolling motion of a Southwest Airlines Boeing 737 Max
Federal officials are investigating an unusual rolling motion during the flight of a Southwest Airlines Boeing 737 Max
13.06 / 23:27
Aviat
Airlines
JetBlue
2020
Department
Traffic
The US fines Middle Eastern airline Emirates $1.8 million for flights that passed too low over Iraq
The United States has imposed a $1.8 million fine against Middle Eastern airline Emirates for flights that passed too low over Iraq, in violation of U.S. restrictions
13.06 / 20:35
Aviat
Aware
Manufacturing
Airlines
Boeing
Inside
Investigations
The head of the FAA says his agency was too hands-off in its oversight of Boeing
The head of the Federal Aviation Administration has acknowledged his agency should have been more aware of problems at Boeing before a door plug blew off a 737 Max jet during an Alaska Airlines flight in January
frequently asked questions about Airlines
What is Airlines and why is it important?
Airlines is a high-demand area that interests a wide audience. On our site, we regularly publish updates related to this subject.
Where can I find the latest updates on Airlines?
All recent news about Airlines can be found in the highlighted block. We publish information regularly.
How can I verify the accuracy of information on Airlines?
We consult with professionals to ensure that the information about Airlines is reliable and helpful for our readers.