Airlines Financial News

20.03 / 14:05
markets Target FIVE Aviat Airlines International IndiGo targets 200 mn fliers by 2030, but faces plane shortage
Subscribe to enjoy similar stories. India's largest airline IndiGo expects to fly 200 million passengers annually by 2030, an 80% increase from the 113 million passengers it flew in 2024, led by its fleet expansion from 439 aircraft to 600 by the end of the decade. Top executives of InterGlobe Aviation, IndiGo's parent company, told analysts in Gurugram on Wednesday that the airline would expand beyond its domestic network to lucrative international routes, taking its share of international outbound traffic to 40% from the current 28%.
20.03 / 11:09
markets COST Aviat Airlines Research reports International IndiGo’s steep valuation premium to global peers could clip the stock’s wings
Subscribe to enjoy similar stories. The Interglobe Aviation Ltd stock (IndiGo) soared to a 52-week high of ₹5,190 on Thursday, reacting to the management’s upbeat commentary and growth plans at its analyst day. Among the key highlights was that the air travel boom led by the Mahakumbh gathering and an extended wedding season could give a big boost to its profit in the March quarter (Q4FY25).
20.03 / 09:31
markets Aviat Airlines WhatsApp Traffic International Destinations Dominance of foreign airlines on international routes to benefit Indian carriers: ICRA
ICRA. International air passenger traffic for Indian carriers is projected to grow by 15-20 per cent in FY2025 and FY2026, against domestic air traffic growth of 7-10 per cent per year. This growth is driven by increasing e-visa and visa-on-arrival coverage, along with the Indian government's push for theme-based tourist centres and iconic destinations.
20.03 / 08:37
markets Airlines Boeing show travelers Traffic International Air India in talks for dozens of new widebody jets from Airbus, Boeing, sources say
Air India is exploring a fresh multi-billion dollar order for dozens of widebody jets from Boeing and Airbus, industry sources said, furthering the former state carrier's transformation under new owner Tata Group. The deliberations involve 30 to 40 aircraft split between the Airbus A350 and Boeing 777X models, with one source suggesting the potential deal could exceed 50 jets. Details have not been finalised, the sources added. «Things should become clearer closer to the Paris Air Show (in June),» one of the sources said, asking not to be named.
20.03 / 06:47
markets COST Target Airlines International Destinations IndiGo soars 8% in 2 days, hits record high. Should you buy, sell or hold?
IndiGo have zoomed 7.9% in just 2 days to hit their new all-time high of Rs 5,187 on the BSE after the airline company shared its ambitious roadmap for FY30. IndiGo, in its investor presentation, shared that it anticipates carrying 118 million passengers in FY25, with early double-digit growth projected for FY26. The airline also aims to expand its network by adding 14 new destinations in FY26, further enhancing its domestic and international reach.
20.03 / 06:47
markets Reuters Career CEO Airlines Boeing show Akasa’s ambitions face risk as Boeing’s delays create turbulence, leave pilots idle
Akasa Air, with top executives privately criticising Boeing for delayed plane deliveries and scrambling to assuage hundreds of anxious pilots who remain idle without work. Troubles at Akasa, backed by an Indian billionaire's family, are among the starkest examples of how Boeing's woes are crippling airlines globally and having a ripple effect on their planned expansions. The Mumbai-based low-cost airline, which started operations about three years ago, has a fleet of 27 planes, but has 226 jets — all Boeing 737 MAXs — on order. Deliveries have been delayed as Boeing's 737 programme faced regulatory scrutiny after a mid-air cabin panel blowout last year and suffered from the effects of a seven-week workers' strike.
20.03 / 01:01
Booking Airlines awards Expedia show travelers kayaking How to turn your airline miles into a great vacation
Subscribe to enjoy similar stories. Sitting on credit-card points? A new breed of travel search engine can help you convert them to a vacation. There are over a dozen websites that show award redemption rates across airlines.
19.03 / 20:45
Progressive DOW Airlines Remark Boeing Trade performer Boeing shares jump following Japan Airlines orders, CFO says cash burn is improving
Japan Airlines on Wednesday. The airline plans to replace its older Boeing 767 aircraft with 11 new planes from Airbus.
19.03 / 16:57
Airlines LEH show track reports evacuation IndiGo passenger deploys emergency slide before takeoff at Delhi airport, airline responds
IndiGo flight heading to Leh accidentally deployed the emergency slide before takeoff at Delhi airport on Wednesday.
19.03 / 11:19
UPS Aviat Airlines Puzzle Southern Infinity cover MH370 mystery: $70 million reward and a last-ditch effort by Malaysia to solve aviation's biggest puzzle
Malaysia Airlines Flight MH370 has resumed, marking another effort to solve one of aviation's greatest mysteries. Malaysia has agreed to terms and conditions of an agreement with Ocean Infinity to resume the search for the wreckage of the missing Malaysia Airlines flight MH370, its transport minister said on Wednesday. The decision will enable commencement of seabed search operations in a new location estimated to cover 15,000 square km in the southern Indian Ocean, based on a «no find, no fee» principle, minister Loke Siew Fook said in a statement. The firm will receive $70 million if the wreckage is successfully located, he said. The aircraft vanished on 8 March 2014 while flying from Kuala Lumpur to Beijing with 239 people on board. Now, nearly 11 years later, Ocean Infinity has launched a fresh search in the Indian Ocean, 1,500 km off the coast of Perth, Australia.
19.03 / 06:32
markets Aviat Airlines Strategy Trade International Destinations IndiGo shares FY30 roadmap ahead of investor meet, stock surges by 2%
InterGlobe Aviation surged 2.33% to an intraday high of Rs 4,920.45 on the BSE in today’s trading session after the airline outlined an ambitious growth roadmap for FY30. Investor sentiment turned bullish as the company revealed strong expansion plans, including passenger growth, fleet expansion, and new international routes. IndiGo expects to carry 118 million passengers in FY25, with early double-digit growth projected for FY26. The airline also plans to add 14 new destinations in FY26, further strengthening its domestic and international network.
18.03 / 20:51
COST Booking Airlines wellness reports travelers Features Frontier Airlines offers free checked bags in promotion; check US companies with similar policy
Frontier Airlines on Tuesday announced a new promotion that features free seat assignment and one checked bag. This comes a week after Southwest Airlines decided to drop its brand-defining policy of allowing two pieces of free checked luggage. On Tuesday, the airline started selling its “economy bundles” that include one free carry-on bag as well as no-cost seat selection and flight changes for its non-stop flights through August 18, 2025, Forbes reported.
18.03 / 09:01
FIVE Reuters CEO Airlines Strategy Boeing travelers Air India CEO warns aircraft shortage to last at least four years
Air India CEO Campbell Wilson on Tuesday said the global aircraft shortage hampering airline growth will persist for four to five years as supply snags hobble production at jetmakers Boeing and Airbus. Speaking at an event organised by travel news website Skift, Wilson said he sees pinch points in the supply of narrowbody jet engines, business and first class seats, and some elements of aircraft fuselages. Air India is in the midst of an ambitious turnaround strategy two years after Tata Group took control of the airline, but its restructuring efforts have been complicated by jet delivery delays.
17.03 / 09:37
UPS Aviat Progressive Career Airlines wellness Diversity Caution: Attacks on DEI in the US threaten to cement glass ceilings
Subscribe to enjoy similar stories. Women’s History Month began as a way to honour women’s contributions throughout time. It was meant to commemorate their ‘firsts’ and perhaps more importantly, to inspire future generations of ladies to achieve greatness.
15.03 / 02:03
Williams Airlines Boeing SpaceX Diversity peace International Two NASA astronauts, one Japanese, and one Russian: Meet NASA's new crew to ISS to bring back Sunita Williams and Butch Willmore
Butch Wilmore and Suni Williams, who have been stuck on the orbital lab for nine months. NASA’s SpaceX Crew-10 mission lifted off at 7:03 p.m. EDT on Friday from Launch Complex 39A at Kennedy Space Center in Florida, carrying four astronauts to the International Space Station (ISS). The Crew-10 team will spend approximately six months aboard the station. The crew members include NASA astronauts Anne McClain and Nichole Ayers, Japanese astronaut Takuya Onishi, and Russian cosmonaut Kirill Peskov. As their mission mascot, the astronauts selected a crocheted origami crane—a symbol of unity. Highlighting the crew's international diversity, McClain expressed their shared vision: «Crew-10 chooses to go together in peace because you cannot be great without the greatness of others,» she said.
15.03 / 00:51
UPS Aviat Airlines Flushing travelers recommendations Investigations Can the Tatas still save Air India from flushing away its reputation?
Subscribe to enjoy similar stories. Air India’s journey under the Tata group has been replete with mis-steps. The latest was on 5 March when an Air India aircraft headed to Delhi had to fly back to Chicago as eight of the 12 lavatories in the aircraft had become unserviceable.
15.03 / 00:41
Williams Airlines Boeing SpaceX stage Department International NASA's stuck astronauts, Butch Wilmore and Sunita Williams, set to return as new crew launches to ISS
NASA astronauts stranded in space launched to the International Space Station on Friday evening, setting the stage for their colleagues' return after nine months. SpaceX must deliver this replacement team before Butch Wilmore and Sunita Williams can depart. The new crew is expected to arrive late Saturday night. To ensure proper handover of space station operations, NASA requires an overlap period between the crews. This arrangement would enable Wilmore and Williams to depart next week and land off Florida's coast, subject to weather conditions. Astronauts who arrived on a SpaceX rescue mission in September will accompany the pair back to Earth, using two seats previously allocated for their return journey. The fresh crew, launching from NASA's Kennedy Space Center, comprises NASA astronauts Anne McClain and Nichole Ayers (both military pilots), alongside Japanese astronaut Takuya Onishi and Russian cosmonaut Kirill Peskov (both former airline pilots). They will undertake a standard six-month mission after facilitating Wilmore and Williams' departure.
14.03 / 12:37
Airlines Discover reports Department Investigations International The curious case of Pakistan Airlines: Flight lands without a wheel; officials probe whether it was stolen
Pakistan International Airlines (PIA) flight landed at Lahore’s Allama Iqbal International Airport with a missing rear wheel, an airline official confirmed on Friday. Fortunately, no accidents or incidents were reported following the Thursday morning landing. The domestic flight, PK-306, had departed from Karachi for Lahore when it was discovered upon landing that one of its rear wheels was missing. A PIA official told PTI that an investigation has been initiated to determine whether the aircraft took off from Karachi with the missing wheel or if it detached during takeoff. Some wheel fragments were later found at Karachi airport, suggesting possible damage before departure. “It appears that one of the rear wheels was in poor condition when the aircraft took off,” the official noted. Despite the missing wheel, a PIA spokesperson reassured that PK-306 made a “smooth and uneventful landing” as scheduled, with passengers disembarking normally.
14.03 / 05:25
Aviat Airlines BURST social reports evacuation Videos ‘Why is airline safety declining under Trump?’: American Airlines plane bursts into flames at Denver Airport, sparks outrage. Check viral videos
The American Airlines Flight 1006 en route from Colorado Springs to Dallas was forced to divert to Denver after the crew reported engine vibrations, according to the Federal Aviation Administration (FAA). Upon landing at 5:15 p.m. (2315 GMT), one of the aircraft's engines caught fire, prompting an emergency evacuation. The airline confirmed that all 172 passengers and six crew members exited safely, though 12 individuals sustained minor injuries and were transported to local hospitals. Several videos circulating on social media show passengers standing on the wing of the Boeing 737-800 as thick smoke billows from the engine. The aircraft, 13 years old, is equipped with CFM56 engines manufactured by CFM International, a joint venture between GE and Safran.

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