Airlines Financial News

13.02 / 06:39

Aviat Airlines security country reports Traffic International Mumbai Govt directs Mumbai Airport to cut flights, limit business jet movements to address congestion concerns

Mumbai Airport to reduce scheduled flights and restrict the movement of business jets during peak hours, aiming to alleviate congestion and improve on-time departures, the Economic Times reported. The decision is expected to impact around 40 flights and disrupt the operations of private jets frequently used by top business houses in the country. The Airport Authority of India (AAI), responsible for air navigation services, has directed the airport to decrease aircraft movement from 46 to 44 during rush hours and from 44 to 42 during non-peak hours.

12.02 / 22:51

markets Reuters CEO Airlines US Senator wants airline, credit card CEOs to testify on fees

WASHINGTON (Reuters) — The chair of the Senate Judiciary Committee on Monday asked the CEOs of American Airlines (NASDAQ:AAL), United Airlines, Visa (NYSE:V) and Mastercard (NYSE:MA) to testify at an April 9 hearing on credit card competition, according to letters seen by Reuters.

12.02 / 22:51

SEC Airlines JetBlue Trade reports stake JetBlue Airways spikes as Carl Icahn buys a 10% stake in the company

Shares of JetBlue Airways (NASDAQ:JBLU) are trading over 8% higher in the after-hours on Monday, after the famed activist investor Carl Icahn reported a 9.91% stake in the company.

12.02 / 21:19

markets Booking Airlines Boeing travelers Courts Investigations Brazilian airline Gol probes rival's effort to poach aircraft

By Dietrich Knauth

12.02 / 20:34

markets COST UPS FIVE BLOCK Reuters Airlines Spirit Airlines uncertainty has some pilots dusting off their resumes

By Allison Lampert and Rajesh Kumar Singh

11.02 / 19:33

markets Action Airlines security WhatsApp Investigations International Two held with 19 gold biscuits at Imphal Airport

Imphal confiscated 19 gold biscuits worth over Rs 1.99 crore from two persons at Imphal International Airport on Sunday. Acting on a reliable source, officers of the anti-smuggling unit of the division moved to the airport’s departure terminal where security staff of Indigo Airlines detained the two, said a statement issued by the division’s deputy commissioner, Rajivkumar Yengkhom. The two have been identified as A Minaketan Sharma of Bhrahmapur Aribam Leikai in Imphal East district and Maibam Priyobrata Singh of Nambol Kongkham Makha Leikai in Bishnipur district.

11.02 / 15:55

COST Airlines Death cover hospital travelers Sporting Travel insurance: How to decode policy fine print

Trip cancellation and interruption: This coverage reimburses unrecoverable costs if an insured person cancels a trip due to unavoidable reasons. Applicable circumstances include hospitalization for 48 hours due to illness or injury, the death of the insured person or an immediate relative, or the occurrence of a catastrophe during the coverage period. Emergency: This includes coverage for the insured person’s stay in a hotel for up to 7 days beyond the existing booking, with conditions such as the severity of disability required for an extended stay, a limit of one claim per coverage period, and exclusions like prior awareness of potential claims or extensions for business or personal reasons.

11.02 / 12:21

Airlines WhatsApp Food President country Ginger Hotels, TajSATS to lead growth of Indian Hotel’s new businesses

Ginger Hotels will lead the growth of new businesses of Indian Hotel Company (IHCL) as the value brand embarks on an aggressive expansion plan that includes having a presence in all the 800-odd district headquarters in the country, a top executive said. TajSATS, its airline catering business, too, is expected to grow significantly to help the share of new businesses in IHCL’s top line more than double to 25% by 2025-26 from 11% in the December quarter, said Deepika Rao, executive vice president for new businesses and hotel openings at IHCL. “These two will lead the growth momentum both in terms of revenue and profitability,” she told ET.

11.02 / 05:25

Citi Provident Aviat Airlines Traffic International Destinations Mint Explainer: What does it take to build an aviation hub?

Mint takes a look at the world's largest centres of international traffic, the benchmarks set by the world's busiest airports, and the key factors that drive their efficiency. An airport hub is characterized by a concentration of air traffic and flight operations. These airports act as transfer points for passengers to reach their final destination.

11.02 / 05:25

Airlines CAT reports isolate Department Delhi weather: Flights delayed at IGI airport due to dense fog conditions, AQI 'very poor'. Check all details here

ANI has reported. The Delhi airport has also issued advisory for its passengers and wrote, “While landing and takeoffs continue at Delhi Airport, flights that are not CAT III compliant may get affected. Passengers are requested to contact the airline concerned for updated flight information.

10.02 / 15:03

COST Provident Aviat Airlines Coronavirus pandemic States, UTs lowering tax on jet fuel provided huge fillip to airline industry: Jyotiraditya Scindia

states and Union Territories now levying lower taxes on jet fuel, a development that has provided a huge fillip to the airline industry, which was witnessing a V-shaped recovery after the Coronavirus pandemic, Union minister Jyotiraditya Scindia said on Saturday. Emphasising that the civil aviation sector provides huge economic multipliers, he also said that greater connectivity has led to greater economic development. Air Turbine Fuel (ATF) accounts for around 40 per cent of the operational costs of an airline. Scindia said that after taking over as the civil aviation minister, he reached out to various states and UTs to reduce the value-added tax (VAT) on jet fuel.

09.02 / 19:51

Airlines SpaceX Celebrity country International Astronauts from Turkiye, Italy and Sweden return to Earth, ending private space station trip

Astronauts from Turkiye, Italy and Sweden returned to Earth on Friday, ending a private three-week mission to the International Space Station. The trio were accompanied by a retired NASA astronaut who now works for Axiom Space, the Houston company that arranged the chartered flight. The crew returned in a SpaceX capsule that parachuted into the Atlantic off the Florida coast. Turkiye celebrated Alper Gezeravci's launch from Cape Canaveral last month. A former fighter pilot and captain for Turkish Airlines, he became the first person from his country to fly in space.

09.02 / 19:40

COST Citi Booking Airlines economy travelers International 4 Boutique Airlines That Can Change the Way You Fly

THE NEXT TIME you find yourself baffled by some of the airlines listed on an airport departure board, consider this: More than 300 international airlines operate worldwide—even if you always fly the same three or four giants. Though behemoths dominate the industry, some bantamweight contenders stand out as viable alternatives. Their pitch: These (mostly new) boutique airlines, which limit flights to just a few strategic destinations, promise not only savings but a better ride.

09.02 / 19:29

UPS Aviat Airlines Experts country reports travelers NOT Any DGCA move to rein in airfares may not succeed: Industry experts

aviation regulator to control airfares in the country is unlikely to impact rates in the current free market regime, airline executives and industry experts said in reaction to a parliamentary panel's call to take measures to check high fares. Air ticket prices are expected to rise further due to significant capacity cuts. IndiGo, the country's largest airline, has grounded 74 planes until December while others including Go First, SpiceJet, Air India group and Vistara grounded 90 planes.

09.02 / 19:20

Aviat Manufacturing Airlines Boeing Research travelers Traffic AP-NORC Poll: Most Americans say air travel is safe despite recent scares

A new poll by the Associated Press and NORC Center for Public Affairs Research finds most Americans believe air travel is generally safe in the U.S. The poll was released Friday

09.02 / 18:56

FIVE Aviat Airlines country travelers volunteers Updates Finnish carrier Finnair is asking passengers to weigh themselves before flights

Finland's national carrier Finnair is asking passengers to be weighed voluntarily and anonymously so that it can update their standard weight figures

09.02 / 18:52

Aviat Airlines security Boeing reports Courts Investigations 'Whistling sound' heard on previous Boeing Max 9 flight before door plug blowout, lawsuit alleges

An attorney representing passengers of an Alaska Airlines flight that lost a door plug in midair says a “whistling sound” was heard on a previous flight of the same Boeing 737 Max 9

09.02 / 14:56

markets Aware CEO Airlines Entertainment Apple International Hainan Airlines is handing out Rokid AR glasses for in-flight entertainment

BEIJING — Hainan Airlines this week started letting passengers on some routes use Rokid's augmented reality glasses for free for in-flight entertainment, the tech startup announced Thursday.

09.02 / 12:59

COST UPS Booking Airlines economy Experts travelers How to reduce — or avoid — airline fees for checked bags

Checking a bag at the airport has gotten pricier for travelers — and harder to avoid.

09.02 / 12:14

Racing Airlines tennis Golf Rugby NBA announces partnership with Emirates, including title sponsor of renamed in-season tournament

The NBA has struck a multiyear partnership deal with Emirates, one where the airline will become the title sponsor of the league’s in-season tournament — which will have a new name — and have its logo on referee jerseys in the NBA, WNBA and G League

05.02 / 07:47

COST UPS Airlines economy show Videos Headlines ‘Shrinkflation’ Is in the Air, Online and Everywhere Else

In case you missed the White House memo, the U.S. economy is fantastic. It’s never been better.

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