Airlines Financial News

₹155.65 crore. The company currently has a fleet size of 64 aircraft, including 28 Airbus A320 and the rest are Boeing 737 family aircraft. It is set to increase substantially over this year as the airline is set to induct at least 40 out of the 190 Boeing 737 MAX aircraft that Air India has ordered.

Spirit Airlines jumped in morning trading Friday after the struggling discount carrier said a strong holiday travel season boosted its fourth-quarter revenue

India's youngest airline, Akasa Air, has placed an... moreIndia's youngest airline, Akasa Air, has placed an order for 150 Boeing 737 MAX narrowbody planes.

aviation regulator DGCA to take strict action against the airline. IndiGo Airlines responded to the allegations and said that the flight was diverted due to bad weather conditions in Ranchi and all passengers were provided with meals. The airline added that it gave the option to passengers to either choose a refund or alternate flight.

By Adhil Shetty,

IMD said in its latest bulletin. -Dense to very dense fog conditions very likely to prevail for a few hours in night/morning over many parts of Punjab, Haryana and Chandigarh during 19th night to 20th morning and in some parts for subsequent 4 days.

The benchmark's close confirmed that the S&P 500 has been in a bull market since it closed at its low on Oct. 12, 2022, according to one measure which also puts that date as the end of a bear market. In a selloff between its record high close of 4,796.56 on Jan.

NEW DELHI : With the Union Budget 2024-25 on the anvil, the Indian aviation industry hopes for a range of measures to reduce cost burden with respect to aviation turbine fuel (ATF), lower duty structure on import of private aircraft, categorization of airports under priority sector lending and more initiatives to improve regional connectivity in India. “The import duty has to be done away with. It comes to 3% when you import either by purchasing of aircraft or induct it on lease.

, there will be no flight arrivals or departures from 10.20 am to 12.45 pm every day till January 26 in connection with the Republic Day preparations and celebrations, an official said earlier in the day. In a statement, the airline said that due to flypast rehearsals for the Republic Day parade, airspace restrictions have been imposed around Delhi airport from January 19 to January 26.

Investing.com -- Shares in Spirit Airlines (NYSE:SAVE) soared in premarket U.S. trading on Friday after the U.S. budget carrier reported preliminary quarterly operating revenue that was above average analyst projections.

PTI. There will be no flight arrivals or departures at the Delhi airport from 10.20 am to 12.45 pm every day from January 19 to January 26 in connection with the Republic Day preparations and celebrations, said the report citing an official. The Airports Authority of India (AAI) has revised NOTAM (notice to airmen) to introduce the new restrictions.

By Anirban Sen and Rajesh Kumar Singh

Mint. The executive added that while the second A350 is joining the fleet this month, the total of six A350 deliveries will be completed by March. The airline is prioritizing ample training time for pilots, planning domestic A350 operations for the next five to six months.

Boeing has reassured India that there will be no substantial disruptions in aircraft deliveries to the country. A senior executive at Boeing, Darren Hulst, the Vice President for Commercial Marketing, conveyed this message on Friday, seeking to allay concerns surrounding potential delays. At the "Wings India" air show held in Hyderabad, Darren Hulst underscored Boeing's commitment to prioritize the quality of aircraft over sheer numbers in the Indian market.

(Reuters) -An Atlas Air (NASDAQ:AAWW) Boeing (NYSE:BA) cargo plane was forced to make an emergency landing at Miami International Airport after experiencing an engine malfunction shortly after departure.

Republic Day on January 26th, heightened security measures will lead to airspace restrictions in the national capital for a total of 11 days this month, encompassing both Republic Day preparations and celebrations. As per officials, the airspace curbs are scheduled from January 19 to 25, along with additional restrictions on January 26 and 29.

Fog in Delhi is an annual event, and extraordinarily long lasting this winter. It has delayed flights, trains, caused accidents on roads and created heartburn all around. So far, so expected.

Republic Day on January 26th, the Delhi Metro Rail Corporation said in a statement on Thursday. This might result in long queues at some Metro stations, especially during peak hours during this period," the statement added. «Therefore, passengers are advised to plan their journey accordingly and allow for some additional time for their commute during these days. Passengers are requested to cooperate with the security personnel during security checks,» it further stated. Meanwhile, airspace restrictions will be in place in the national capital for 11 days this month given Republic Day preparations and celebrations. There will be airspace curbs from January 19 to 25 as well as on January 26 and 29. As per officials, landing or take-off of non-scheduled flights of scheduled airlines, and chartered flights will not be permitted from 10 am to 1.15 pm during the January 19-25 period. During this period, scheduled flights will not be impacted.

non-scheduled flights of scheduled airlines, and chartered flights will not be permitted from 10 am to 1.15 pm during the January 19-25 period, PTI reported. According to the NOTAM issued by the Airports Authority of India (AAI), these restrictions will be in force from 6 am to 9 pm during the period from January 26 to 29. A NOTAM (Notice to Airmen) is a notice with information that is essential to personnel involved in flight operations.

Karnataka's capital city, Bengaluru, on Friday, 19 January. The new state-of-the-art Boeing India Engineering and Technology Centre (BIETC) campus has been built at the Aerospace Park in Devanahalli, near the Bengaluru Airport. Built with an investment of ₹1,600 crore, the 43-acre campus is Boeing’s largest such investment outside the US.

Japan is set to attempt a soft landing on the moon's surface with the Smart Lander for Investigating Moon early Saturday morning (January 20). The country seeks to join the exclusive club of nations achieving a successful soft landing on the moon. The United States, Russia (erstwhile USSR), China, and India have accomplished this feat, leaving Japan eager to overcome its exclusion.