Airlines Financial News

IndiGo continued to dominate the market, expanding its share to approximately 65%, according to a report by domestic brokerage firm Motilal Oswal. Motilal Oswal highlights that IndiGo's domestic PAX stood at 9.5 million, reflecting a 20% YoY surge. Its domestic market share rose to 65.2%, gaining 490 bps YoY, highlighting its ability to capture demand effectively. In contrast, Air India Group’s market share was recorded at 27.7%, while SpiceJet held 3.2%.

Subscribe to enjoy similar stories. It’s often said that too much humility is pride. In a similar vein, too much empathy could be vanity.

Qatar Airways has responded to a distressing incident aboard a flight from Melbourne to Doha, where a deceased woman’s body was placed next to an Australian couple for several hours. The airline conducted an internal review and stated that its crew «acted quickly, appropriately and professionally» in handling the situation. The incident gained attention after Mitchell Ring and Jennifer Colin, who were traveling to Venice, shared their experience with Channel Nine in Australia.

Japan Airlines flight traveling from Hokkaido in northern Japan arrived at Haneda Airport just as a Japanese Coast Guard plane, en route to assist with earthquake relief in western Japan, was about to land on the same runway. Shortly after, the two aircraft collided and caught fire. Thanks to the crew's expertise and some luck, all 367 passengers and 12 crew members on the Japan Airlines flight managed to evacuate safely. ALSO READ: Have travel anxiety? These seats on an aircraft have the highest fatality rate As per aviation experts, this successful evacuation was a combination of advanced aviation technology, a resilient aircraft build and hands-on implementation of textbook evacuation protocol that drove hundreds of passengers to safety off the tarmac in under 20 minutes after the first lick of flame.

Subscribe to enjoy similar stories. Sixty-two crore and counting! The staggering footfall at the Maha Kumbh surpasses the population of several nations, highlighting the unstoppable rise of religious tourism. Social media has been a game-changer, making trip planning seamless, while mobile phones and high-speed internet have made navigating destinations easier than ever.

American Airlines flight was forced to abort its landing at Washington DC's Ronald Reagan National Airport to avoid a potential collision with another aircraft departing from the same runway.

IndiGo on Wednesday said it is facing a fine of nearly Rs 14 lakh in relation to input tax credit and is evaluating necessary legal recourse.

Ocean Infinity, a British firm, has sent the most technically advanced vessel of its kind to search the Indian Ocean for the wreckage of Malaysian Airlines Flight 370, almost 11 years after the plane disappeared off the radar and remains one of the greatest mysteries in aviation.

Chicago Midway International Airport on Tuesday has reignited concerns over aviation safety, with social media abuzz over the dramatic moment a Southwest Airlines plane narrowly avoided a collision with a Flexjet aircraft on the runway.

Subscribe to enjoy similar stories. It started slowly. We dial our own phone numbers instead of an operator.

American Airlines flight from New York to New Delhi has been diverted to Rome, according to information on a flight tracking website. Italy's ANSA news agency said that the diversion was caused by an «alleged bomb threat».

There’s nothing quite as frustrating as being the person holding up the TSA line—frantically unzipping your suitcase, digging for electronics, or worse, realizing your full-sized shampoo bottle is about to get tossed in the trash. If you want to sail through airport security like a pro, the secret lies in how you pack your bags.

Brussels Airlines flight from Dakar, Senegal, last week witnessed an extraordinary moment when an expectant mother went into labour shortly after takeoff. Thanks to the quick response of a flight attendant and a doctor on board, the baby was safely delivered mid-air.

Indian aviation industry is expected to report a net loss of Rs 2,000-3,000 crore in both FY25 and FY26, according to a report by ICRA. This comes after the sector posted a net profit of approximately Rs 1,600 crore in FY24.

Airbus, the world's largest commercial airplane maker, said Thursday that it was preparing for the possibility of new U.S. tariffs and would be able to «adapt accordingly,» including passing on higher costs to its American airline customers.

Azim Premji's global investment arm, Manipal Group Chief Ranjan Pai's family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic carrier Akasa Air's parent company SNV Aviation.

DGCA) has urged the Delhi High Court to dismiss the writ petition filed by the Federation of Indian Pilots, arguing that a two-phased timeline has been set for implementing the contested amendments to pilot rest regulations.

Singapore Airlines' on Thursday reported its net profit more than doubled in the third quarter, helped by a one-time gain from the Air India-Vistara merger.

Subscribe to enjoy similar stories. Airbus has a new jet that’s winning over some of Boeing’s best customers. It also raises the specter of more trouble ahead for the U.S.

Infosys shares will be in focus on Wednesday, February 19, after the company announced the establishment of a Global Capability Centre (GCC) for Lufthansa to support the German airline's digital transformation. As part of a $300 million IT contract, the GCC will enhance Lufthansa Group’s software and product development while strengthening support for Lufthansa Systems’ (LSY) products.