Airlines Financial News

04.01 / 02:16

Aviat Airlines Trade AIG show cover evacuation Japan Airlines estimates loss of about $105 million from collision

TOKYO (Reuters) -Japan Airlines (JAL) estimated on Thursday that the collision of its flight JL516 with a Japan Coast Guard aircraft on Tuesday would result in an operating loss of about 15 billion yen ($104.81 million).

04.01 / 01:50

UPS Airlines BlackRock Food President show Financial Stocks to Watch: SBI, Adani Ports, Jio Financial Services, Bajaj Auto, Vedanta

State Bank of India: India’s largest lender State Bank of India (SBI) is looking to tap the US bond markets to raise $500-750 million. SBI is planning to raise funds through Regulation S bonds, and the roadshows could begin as early as next week. Bank officials have held discussions with about six bond arrangers.

03.01 / 20:56

Aviat Gap Airlines Experts prevention Traffic Investigations Concerns mount over runway technology gap as Japan probes crash

By Tim Hepher, Allison Lampert, David Shepardson and Valerie Insinna

03.01 / 17:31

Aware Airlines Food Instagram information infection Videos Mumbai IndiGo gets notice after worms found in sandwiches served on Delhi-Mumbai flight

ANI as saying. It added that the airline “will be responding to the notice, as per protocol". The show cause notice was issued to IndiGo over a complaint by a Delhi-based dietician.

03.01 / 16:15

UPS Manufacturing Airlines Remark Inside evacuation exits A burning jet, three exits: How 379 flyers were saved in Tokyo

Japan Airlines Flight JL516 skidded to a fiery halt after colliding with another plane on the runway at Tokyo Haneda airport on Jan. 2, cabin crew faced a daunting scenario. The intercom system to communicate between flight deck and cabin had broken down, one of the giant engines was still spinning and couldn’t be shut off, and only three of the eight escape doors were available to evacuate the stricken aircraft as flames licked up the kerosene-covered fuselage.

03.01 / 15:37

Provident Dash Aviat Airlines reports Traffic Investigations NOT Japan Plane crash: Coast Guard plane was not given permission for take-off before collision

Japan Airlines Co. passenger jet, based on a transcript of Tuesday’s incident at Tokyo’s Haneda Airport. The readout of communications just prior to the crash was released Wednesday by Japanese officials in Tokyo.

03.01 / 13:24

Career Airlines Strategy reports Air India appoints P Balaji as Group Head for Corporate Affairs

Air India on Wednesday announced the appointment of P Balaji as the Group Head for Governance, Regulatory, Compliance (GRC) and Corporate Affairs. Balaji, who will join the newly-created position at Air India on January 11, earlier served a nearly decade-long stint at Vodafone Idea, where he spearheaded the regulatory and public policy functions, the airline said.

03.01 / 12:25

Citi Aviat Airlines CAT information travelers Traffic Delhi-bound Indigo flight returns to Patna airport due to technical snag

emergency landing. Shortly after take-off at 12.58 pm from Patna airport, the air traffic controller (ATC) contacted the pilot to return mid-air due to some technical problem," Patna airport director Anchal Prakash said. The airport official added that a probe is underway to determine the reasons behind the technical problems with the aircraft.

03.01 / 11:39

Aviat Action Airlines Traffic Aviation watchdog DGCA carried out 5,745 surveillance activities in 2023

DGCA carried out 5,745 surveillance activities with respect to airlines, airports and approved organisations in 2023 as part of its efforts to ensure compliance and enhance safety standards in the aviation space, The activities included 4,039 planned surveillance and 1,706 spot checks and night surveillance. Subsequently, the findings resulted in 542 enforcement actions, the Directorate General of Civil Aviation (DGCA) said in a release on Wednesday.

03.01 / 11:10

UPS Airlines Nestle Trade hospital Updates week Stock market update: Stocks that hit 52-week highs on NSE in today's trade

Benchmark NSE Nifty closed 47.3 points down at 21731.4 amid selling in frontline bluechip counters. However, stocks such as Raj Rayon, IKIO Lighting, Azad Engineering, GIR Natureview and BDR Buildcon, touched their fresh 52-week lows.

03.01 / 06:31

FIVE Aviat Airlines country reports Department Police probe possible negligence in Tokyo runway collision - media

By Kaori Kaneko, Lisa Barrington and Daniel Leussink

03.01 / 02:43

FIVE Aviat CEO Airlines Experts prevention Runway safety concerns in focus as Japan probes Tokyo crash

collision of two airplanes at Tokyo's Haneda airport, weeks after the global airline industry heard fresh warnings about runway safety. All 379 people aboard a Japan Airlines Airbus A350 escaped after a collision with a De Havilland Dash-8 Coast Guard turboprop that killed five of six crew on the smaller aircraft.

03.01 / 00:34

IPO Airlines economy travelers ‘Dec quarter results will have a bearing on market returns’

The broader market index— S&P BSE 500 Index—ended the year with close to 25% returns. Singapore-based Samir Arora, founder of portfolio management services (PMS) firm Helios Capital, says that market returns in annualized terms over the last two years are more or less in line with returns over different periods. Arora, whose PMS firm recently ventured into mutual funds in India, says the current market valuations look justified.

03.01 / 00:06

Provident CEO Airlines Pool show social Department Catholic 401(k) MEP will screen funds for morality

A Catholic values group plans to launch a multiple employer 401(k) plan this month that is compliant with the church’s teachings.

02.01 / 21:43

FIVE Reuters Airlines Continental travelers Canada's Air Transat flight attendants reject tentative labor deal - letter

By Allison Lampert and Shivansh Tiwary

02.01 / 19:14

Aviat Aware Airlines pandemic country travelers rights More flying rights for all, but India has a different idea in mind

Mint that the civil aviation ministry is working on a national aviation hub policy to encourage Indian airlines in international expansion. The policy may also introduce differential charges for Indian and foreign airlines at airports in the country. “I think it is time with around 15.5 crore domestic and 6 crore international passengers that we look at creating a hub in India; earlier, we didn’t have the numbers.

02.01 / 16:33

Reuters Aviat Airlines Boeing reports travelers Akasa Air reportedly nears order for 150 Boeing jets

Akasa Air is set to close an order for around 150 Boeing 737 MAX narrowbody planes, two sources said, its latest bid to tap the travel boom in the world's fastest-growing aviation market. Contract negotiations are ongoing and a deal is expected to be announced at Wings India, the country's largest civil aviation event scheduled for Jan. 18-21, said the two sources familiar with the ongoing talks. An Akasa spokesperson said the airline does not comment on speculation, while Boeing did not respond to Reuters' queries.

02.01 / 15:48

Citi FIVE Airlines BURST show reports travelers Japan Airlines plane bursts into flames after collision on Tokyo runway

Japan Airlines flight JAL-516, believed to total 379 people, got out safely before the plane was entirely engulfed in flames. The Japanese coast guard said the pilot of its plane had escaped. NHK reported that the five other crewmembers had been found dead.Local TV video showed a large eruption of fire and smoke from the side of the Japan Airlines plane as it taxied on a runway.

02.01 / 14:11

Progressive Airlines cover Southwest Airlines 'current growth rate feels out of sync' - Evercore ISI

Evercore ISI analysts downgraded shares of Southwest Airlines (NYSE:LUV) to In Line from Outperform in a note Tuesday covering the airline sector.

02.01 / 10:02

Waters Airlines show reports travelers Plane catches fire on runway at Japan's Haneda airport, passengers reportedly safe

Haneda airport on Tuesday, with news reports saying it hit another aircraft after landing. NHK TV reported that all passengers aboard, believed to have been about 400 people, got out safely.

01.01 / 16:51

Digital Airlines show track reports Air India derosters pilot involved in hard landing incident in Dubai; orders probe

disastrous landing, an Air India flight was involved in a rough landing incident in Dubai on December 20, but fortunately nothing bad happened. The plane that went through the hard landing was a 5.5-year-old Airbus A320neo (VT CIQ) which did not suffer structural damage when it made the heavy landing (3.5 G) and came to a stop safely, TOI reported.

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