Airlines Financial News

Canada’s decision to ground Boeing’s 737 MAX-8 jets in 2019 came as a result of a chance European encounter that led to new data about two deadly crashes, suggest documents obtained by Global News.

Thought you were done traveling for work? Think again. Videoconferencing hasn’t made in-person meetings obsolete. Scattered workforces have in some cases resulted in more trips, not fewer.

Get ready for changes in boarding and seating at Southwest Airlines

An emergency slide fell off a Delta plane that was taking off from New York, and pilots returned to the airport and landed safely

Sheikh Mohammed bin Rashid al-Maktoum approved a new passenger terminal in Al Maktoum International airport worth 128 billion AED ($34.85 billion), he said on Sunday in a post on X. The Al Maktoum International Airport will be the largest in the world with a capacity of up to 260 million passengers, and five times the size of Dubai International Airport, he added, saying that all operations at Dubai airport would be transferred to Al Maktoum in the coming years.

startup The ePlane Company expects to develop a certifiable prototype of a flying electric taxi by March next year as it works on ways to alleviate urban congestion. Incubated out of the Indian Institute of Technology (IIT), Madras, the company also aims to initially commercialise its drones that can carry a payload of 2-6 kilograms in the coming months, according to a senior executive. The ePlane Company's Founder and CEO Satya Chakravarthy said it is developing an eVTOL (electric Vertical Takeoff and Landing) aircraft and to begin with, it will be a three or four-seater plane which can be converted into an air ambulance.

smuggling, security officials have recovered gold of over 2 kgs from two airline passengers. In the first instance, officers from the Air Intelligence Unit (AIU) at Tiruchirappalli airport in Tamil Nadu seized 977 grams of 24K gold valued at Rs 70.58 lakh from a passenger who had come from Dubai. Authorities reported that the gold was hidden in three packets with 1081 grams of paste-like material inside the passenger's rectum. The passenger was traveling from Dubai to Trichy on the Air India Express. They have been detained, and additional investigation is currently in progress.

‘Up to Boeing to..': Airbus says 'not unlikely' to take some Spirit Aero plants After feeling vibrations on the plane, the pilots declared an emergency so the flight could be routed quickly back to the airport safely. Delta said it put passengers on another plane to California.

Go First’s revival prospects, the Delhi High Court on Friday asked the Directorate General of Civil Aviation (DGCA) to deregister all the 54 leased aircraft to the airline and process the lessors' applications for deregistration within five working days. Justice Tara Vitasta Ganju while restraining the carrier’s resolution professional (RP) from operating, accessing or flying these planes handed over the maintenance work of the aircraft back to the lessors. It also restrained the RP from replacing, taking out any accessories, spare parts, documents or any material from the aircraft while directing him to provide up to date information and documentation related to the aircraft to the lessors. The HC also quashed the aviation regulator’s communication against processing the applications of lessors to deregister their leased planes due to a moratorium imposed by the National Company Law Tribunal (NCLT) on the airline's assets.

Delhi High Court on Friday allowed the lessors' plea which sought deregistration of the company's 54 aircraft. The court ordered deregistration of Go First's 54 planes in five working days which were subject matter of the case. The court has also restrained Go First from flying these planes. Indian civil aviation regulator DGCA has been asked to facilitate the export of aircraft and provide certificate of airworthiness.

pilot of Singapore Airlines. The man is said to be a 24-year-old youth from Gautam Budh Nagar, Uttar Pradesh. He was booked for posing as a pilot with Singapore Airlines in front of CISF personnel. The CISF is in charge of airport security across the country.

UFO while her flight was above New York, as per a report in New York Post. The Federal Aviation Administration has informed the Post that they were looking into the issue of the flying object. The commercial airline flight passenger has been identified as Michelle Reyes. Reyes on her Facebook claimed that she witnessed «flying cylinder» from the window of the aircraft while flying above LaGuardia Airport on March 25. She also shared a video of the incident.

American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costs

Air passengers traveling to and from Paris have experienced significant disruptions Thursday, despite a decision by air traffic controllers to cancel a strike after last-minute negotiations

Markets on Wall Street gave back some of this week’s gains ahead of another heavy slate of corporate earnings and the government’s initial estimate of how the U.S. economy fared in the first quarter of 2024

SBI Card has launched three variants of its first travel-focused core credit card ‘SBI Card MILES’. The three variants are SBI Card MILES ELITE, SBI Card MILES PRIME and SBI Card MILES.

Biden administration on Wednesday issued new rules that require airlines to provide automatic cash refunds to passengers when owed and protect consumers from costly surprise fees. «Too often, airlines drag their feet on refunds or rip folks off with junk fees. It is time Americans got a better deal. Today, my administration is requiring that airlines provide automatic refunds to passengers when they are owed and protect them from surprise fees,» Biden said in a video statement. «This is about airlines treating passengers better and it will save people more than half-a-billion dollars, avoiding unwanted, expensive, unnecessary surprise airline fees,» said Transportation Secretary Pete Buttigieg.

database company MongoDB sees a “great opportunity” in India as large banks, airlines and financial services companies here launch AI business models, a top company executive said. Valued at about $30 billion, MongoDB counts Tata Digital, Tata AIG, Canara HSBC Life Insurance, Zomato, Devnagri, Ambee, Inovaare and Observe.AI among its key clients.

Southwest Airlines flight attendants have ratified a new contract that will boost their pay by about one-third over four years

Boeing is reporting a $355 million loss for the first quarter

The Biden administration is setting new rules on airline fees and refunds