Airlines Financial News

Air India's flight from the national capital to Vancouver, which was to take off early Saturday morning, faced an inordinate delay due to technical issues. The airline said the flight has been rescheduled and is now expected to depart early morning on Sunday.

Air India has apologised and offered a travel voucher of USD 350 each to the passengers of the San Francisco flight that took off from the national capital after a delay of more than 30 hours. There were 199 passengers in the flight, according to a source.

DGCA) on Friday issued a show cause notice to Air India over recent incidents of long flight delays in which passengers ostensibly faced significant discomfort, which the regulator said were in violation of various norms prescribed by it. The aviation regulator mentioned the inordinate delay of two international flights—AI 183 from Delhi to San Francisco on May 30 and AI 179 from Mumbai to San Francisco on May 24. “It has come to the notice of DGCA that flight Al-179 dated 24.05.2024 and flight Al-183 dated 30.05.2024 were inordinately delayed and passengers were put to discomfort due to insufficient cooling in the cabin, " the show cause notice reviewed by ET said.

Also Read: Bomb threats in India: Alarming rise in May 2024; all you need to knowHowever, the threat turned out to be a hoax. All the passengers were safely de-boarded after the plane landed.An airport official confirmed on the phone that the threat was deemed non-credible and normal operations resumed, reported ANI, quoting Srinagar Airport Authorities.After an exhaustive search, no explosives were found on the plane, PTI quoted officials as saying.Also Read: Hyderabad's Praja Bhavan receives bomb threatHowever, the source of the threat is yet to be known.

Interglobe Aviation, which operates India's budget IndiGo airlines, has run trials on a new software related to passengers' safety and comfort, and is evaluating its in-flight safety announcements, the airline said on Friday. The airline is planning to launch another trial in the next two to three weeks for the safety and comfort-related software it tested, for its Airbus fleet, it added. A week back, an IndiGo flight headed to the northern Indian city of Jammu was forced to land in the city of Amritsar — roughly 210 kilometres (130.5 miles) away by road — after turbulence and adverse weather conditions in Jammu.

show cause notice to Air India after a 20-hour delay on a Delhi-San Francisco flight. The Tata Group-owned airline has been asked to respond within three days. «It has come to the notice of DGCA that flight Al-179 dated 24.05.2024 and flight Al- 183 dated 30.05.2024 were inordinately delayed and passengers were put to discomfort due to insufficient cooling in the cabin,» said the ministry in the notice. The flight on Thursday was delayed with passengers being made to sit inside the aircraft without air-conditioning in the capital's searing heat. Some of them allegedly fainted in the heat, while others pleaded to be allowed to alight.

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Boeing is due to tell federal regulators how it plans to fix the safety and quality problems that have plagued its aircraft-manufacturing work in recent years

Boeing is expected to deliver on Thursday a «comprehensive action plan» required by US air safety regulators after a near-catastrophic incident in January. The American aeronautics giant has faced intense scrutiny following manufacturing problems and pointed testimonials from whistleblowers in the aftermath of fatal crashes in 2018 and 2019 that have kept the company in the headlines for unwanted reasons.

Sensex declined 667.55 points, or 0.89%, to close at 74,502.90, while the Nifty 50 settled 183.45 points, or 0.8%, lower at 22,704.70.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — May 30“Though FII selling intensity has reduced, the caution is increasing as we near the big event outcome which is resulting in profit booking. The volatility is expected to be heightened in coming sessions, thus it is advisable to traders to stay on the sidelines and not get too aggressive.

U.S. stocks closed lower under the weight of higher yields in the bond market

Engine Lease Finance BV has filed a petition in the National Company Law Tribunal (NCLT), seeking insolvency proceedings against SpiceJet over arrears of more than $12 million against aircraft engines it had leased to the budget airline. Engine Lease Finance is the latest of engine lessors that have approached courts accusing SpiceJet of defaulting on payments and seeking repossession of engines. The counsel cited email exchanges between the companies as proof of default. He also told the tribunal that the default amount did not fall under the Section 10 A of the Insolvency and Bankruptcy Code. Under the section, initiation of insolvency proceedings had been suspended for defaults during the pandemic period.

A preliminary investigation says the Singapore Airlines plane that ran into turbulence last week went through huge changes in gravitational force, leaving one passenger dead and many others injured

Bette Nash, recognized as the world’s longest-serving flight attendant, has died

U.S. stocks closed lower under the weight of higher yields in the bond market

Three Black men are suing American Airlines, claiming they were discriminated against when ordered to leave a plane in January

American Airlines is lowering some of its second-quarter financial forecasts and has announced the departure of its chief commercial officer

Stocks that are trading heavily or have substantial price changes on Wednesday: American Airlines, Advance Auto Parts fall; Chewy, Dick’s Sporting Goods rise

John F Kennedy International Airport in New York to the Changi International Airport in Singapore, have you ever wondered which is the shortest flight operated and in which sector of the world? The answer is a flight between two Scottish Orkney islands. This flight is operated by Loganair and the flight travels between Westray and Para Westray and this is operated in about one and a half minutes. Details

Malaysian Airlines plane, a new claim has been made by the most unexpected people. Some amateur investigators claim to have cracked the decade-long mystery of the disappearance of flight MH370. They have claimed that the plane has been spotted in Google Maps in the dense forest of Cambodia, reports 'Daily Star'. Malaysian Airlines flight MH370 was on its regular flight from Kuala Lumpur to the Chinese capital Beijing in March 2014, when it suddenly lost call contacts and simply disappeared from the radar. It vanished just 40 minutes after taking off from the Malaysian capital. Its debris too has not been found despite repeated attempts by various agencies in the past ten years. Flight MH 370 has become one of the biggest mysteries of aviation history.

A Singapore Airlines flight makes an emergency landing after reported extreme turbulence and one passenger dead. (Credit: Viral Press)