Airlines Financial News

20.05 / 01:27

COST UPS Airlines travelers Travel credit cards: 5 smart things to know

benefits that are related to travel expenses. 2.These come with joining and annual fees. The rewards and benefits of the card should be more than the cost of the card. 3.Travel cards offer bonuses, like free airline tickets or hotel stays, at the time of signing up. Pick the one that is most suitable for you.

19.05 / 17:53

FIVE Citizens Airlines Inside reports evacuation International Air India Express flight passengers recall harrowing moments after engine fire in Bengaluru

Passengers who were onboard the Kochi-bound Air India Express flight that made an emergency landing at Bengaluru airport on Saturday night recounted the panic situation when a fire was noticed in one of its engines. The majority of them reached the Cochin International Airport around Sunday noon on another flight arranged by the airline from Bengaluru. Sharing their experiences after landing at the airport here, the passengers said they were panic-stricken after noticing the fire a few minutes after taking off from Kempegowda International Airport (KIA) in Bengaluru. «Everyone got scared and cried loudly,» a woman, who is a senior citizen, told reporters at the airport.

19.05 / 15:09

Provident FIVE Fighting Airlines information evacuation Destinations Passengers recall harrowing moments of Air India Express flight catching fire

PTI, "Everyone got scared and cried loudly." ALSO READ: Emergency landing at Bengaluru airport: Air India Express flight catches fire, lands at airport with 179 onboard She even lauded the crew members for displaying the responsibility in evacuating the passengers from the flight after it made an emergency landing at Kempegowda Airport. "They were very responsible. They assisted us in exiting.

19.05 / 12:31

FIVE Airlines Boeing country stars Traffic Destinations Egyptair looks to operate daily services connecting Delhi, Cairo

traffic between Egypt and India, Egyptair is looking to operate daily flights connecting Delhi and Cairo, according to a senior executive. Currently, the Egyptian carrier, which started operations in India more than four decades ago, has nine weekly flights to Cairo. Out of them, five flights are from Mumbai and the remaining four are from the national capital. «We hope to operate daily flights from Delhi to Cairo,» the airline's Country Manager Amr Aly told PTI on Sunday. He said that air traffic between the two countries has improved and there is also transit traffic to other places.

17.05 / 16:33

Airlines track reports Investigations International Destinations Delhi airport declares full emergency after Bengaluru-bound Air India flight with 175 on board catches fire mid-air

Hindustan Times reported. As per the report, alternative arrangements have been made for the passengers to fly to Bengaluru. The flight data tracking website flightradar24 said that the flight was operated by an A321 aircraft.

17.05 / 14:53

Airlines track information reports Updates International Destinations Emergency declared at Delhi's IGI Airport over suspected AC fire on Air India flight

flight AI-807, scheduled from Delhi to Bangalore, was forced to return to Delhi's Indira Gandhi International Airport (IGI) due to a suspected fire in the aircraft's air conditioning (AC) unit. The flight, carrying 175 passengers, landed safely at 6:38 PM local time, according to a Delhi airport official. Full Emergency Declared at Delhi Airport A full emergency was declared at Delhi's IGI airport at around 5:52 PM for Air India flight 807 as fire was reported in the AC unit. Despite the emergency, the flight managed to land safely at around 6:38 PM, ensuring the safety of all passengers on board.

17.05 / 14:05

Booking Airlines exclusive information travelers Updates International Air India-Vistara merger: Will your Club Vistara CV points remain valid after closing of deal? Here’s all you need to know

Are you a member of Club Vistara frequent flyer programme and wondering what will happen to your CV points post merger of Vistara with Air India.

17.05 / 10:31

UPS Action Airlines wellness country reports Courts More trouble in Belgium for Miami-based 777 Partners after court authorizes seizure of assets

A Belgian court has ruled that all assets in the country belonging to American investment group 777 Partners can be seized, in the latest legal setback for the embattled company that owns Standard Liège and several other soccer clubs

17.05 / 08:15

Aviat Airlines Death love stage hospital Investigations Vijay Mallya condolles 'fordimable competitor' Anita Goyal's death, remembers Jet Airways founder's wife as a 'lovely human being'

Anita Goyal, the wife of Jet Airways founder Naresh Goyal, passed away early Thursday morning, confirmed by a close family source. The 70-year-old had been battling cancer, reaching its third stage and undergoing treatment. Her health had been deteriorating over recent months, culminating in her passing at 3 am in a Mumbai hospital. Plans are underway to bring her mortal remains back home.

17.05 / 05:56

Airlines Strategy Boeing International Key Boeing supplier Spirit AeroSystems is laying off 450 after production of troubled 737s slows

A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers

16.05 / 19:47

UPS Action Airlines wellness country reports Courts More trouble in Belgium for Miami-based 777 Partners after court authorizes seizure of assets

Miami-based investment company, which has also seen its airline in Australia grounded in recent weeks and faces a massive fraud lawsuit in New York. Belgian media reported that the court authorized the seizure of all 777 Partners's assets in the country, including Standard’s accounts and shares, as well as shares in Immobilière Standard de Liège, which owns the Maurice Dufrasne stadium. The court declined to comment when contacted by The Associated Press.

16.05 / 18:07

Citi Aware Airlines reports prevention International Finnish carrier will resume Estonia flights in June after GPS interference prevented landings

Finland’s national carrier Finnair is resuming flights to Estonia’s second largest city in June after two of its planes were prevented from landing in Tartu last month because of GPS disruptions

15.05 / 20:54

FIVE Airlines Boeing Justice Department Courts Investigations Justice Department says Boeing violated deal that avoided prosecution after 737 Max crashes

The Justice Department has determined that Boeing violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft

15.05 / 20:53

Aviat Airlines Bill President travelers rights Traffic House signs off on FAA bill that addresses aircraft safety and the refund rights of passengers

Congress has passed a bill that is designed to add more safety inspectors at aircraft factories and to give air travelers automatic refunds for canceled or long-delayed flights

15.05 / 20:53

Manufacturing Airlines Boeing Justice Department Courts Investigations The US says Boeing violated a 2021 settlement. That doesn't mean the company will face charges

The Justice Department says Boeing has violated terms of a deal that allowed the giant aircraft manufacturer to avoid prosecution for fraud in 2021

15.05 / 16:21

markets COST UPS Airlines economy Department April inflation breakdown: Where are prices still rising the fastest?

A 'Mornings with Maria' panel discusses the U.S. economy and markets after the January year-over-year CPI comes in at 3.1%.

15.05 / 13:29

Aviat Airlines Boeing Justice travelers prevention Courts Delhi High Court orders SpiceJet to return two leased planes to TWC Aviation over unpaid dues

Also read: How to turn Indian airports into South Asian travel hubs SpiceJet currently owes $14 million to TWC, which rejected the airline’s offer to pay $435,000 a month to clear its dues. TWC asked the high court to enforce a previous order by the High Court of Justice in England and Wales that directed SpiceJet to return the aircraft and engines for failing to pay its rental dues.

15.05 / 13:17

markets Aviat Airlines film country stars Traffic FA Airlines to buy regional airline FlyBig

Mumbai-based FA Airlines is set to acquire regional carrier FlyBig, according to sources. FlyBig has four planes in its fleet. Incorporated in 2022, FA Airlines is focused on the aviation sector. The sources said an initial pact has been signed between the two entities for the deal. Once the transaction is complete, FlyBig's fleet will be expanded by more than 20 aircraft, they added.

14.05 / 19:21

UPS Booking Manufacturing CEO Airlines Boeing country Aerospace manufacturers seek business class upgrade on local plane orders

Indian airlines to get more business from global firms such as Airbus and Boeing. And they also want a helping hand from the government through a policy push. «We have to be in line with what our procurement of aircraft is. If India has a 10% share of the order book, it should also have a 10% procurement share — it's a fair ask,» said Aravind Melligeri, chairman of components maker Aequs Aerospace, which is one of the top suppliers to Airbus. IndiGo, Air India and Akasa currently have an order book of close to 1,700 aircraft from Airbus and Boeing, aviation consultancy firm CAPA said. That will increase to as much as 2,000 by March 2025.

14.05 / 17:47

Aviat Manufacturing Airlines Boeing Justice cover Investigations Boeing orders tumble as troubled aircraft maker struggles to overcome its latest crisis

Boeing is losing more aircraft orders than it is taking in

14.05 / 02:49

Citi Airlines Election RAI reports Traffic Vistara Airlines warns of traffic congestion in Varanasi as PM Modi to file nomination for Lok Sabha election today

'Kashi is special': PM holds mega roadshow in Varanasi amid sea of crowd | Watch Notably, several candidates who wanted to contest against PM Modi from Varanasi were denied nominations as per media reports. The candidates alleged that election officials were reluctant to issue treasury challans and nomination forms, depriving them of contesting the Lok Sabha election from the Varanasi parliamentary constituency. The nomination process began on May 7 in the city and since then long queues have been visible near the election commission's office.

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