Aviat Financial News

28.02 / 15:01

markets UPS Aviat Software RAI Traffic Elon Musk urges retired air traffic controllers to return as staffing crisis worsens

Elon Musk has urged retired air traffic controllers to consider returning to work, highlighting a critical staffing shortage putting pressure on the aviation industry. His appeal follows growing concerns over air safety after a deadly midair collision at Reagan National Airport and several close calls at other US airports. But federal regulations impose strict age limits, making it difficult for many retired controllers to return to their positions.

28.02 / 03:51

markets Aviat Analysis Trade Experts recommendations Traffic IndiGo shares in focus as airline expands domestic market lead with air traffic growth

InterGlobe Aviation, IndiGo's parent company, are set to be in focus on Friday after the airline’s market share rose to 65.2% in January, up from 64.4% in December 2024, strengthening its dominance in India’s aviation sector. India’s domestic air traffic grew 11.28% year-on-year (YoY) in January, reaching 1.46 crore passengers, according to data from the Directorate General of Civil Aviation (DGCA) released on Thursday. IndiGo capitalized on this growth, while the Air India Group—which includes Air India, Air India Express, and Vistara—saw its market share decline to 25.7% from 26.4% in the same period.

27.02 / 07:55

markets Aviat Analysis Trade Experts show performer Hemang Jani backs IndiGo over SpiceJet amid limited aviation stocks

Hemang Jani remains bullish on InterGlobe Aviation-owned IndiGo over SpiceJet amid the limited options in the listed aviation space. In a recent ET Now interaction, Jani reaffirmed his preference for InterGlobe over competitors like SpiceJet, citing operational transparency and growth visibility as key factors. Jani pointed out that while SpiceJet has shown promise, its prolonged struggles in demonstrating operational performance and lack of transparency in sharing key data remain concerning.

26.02 / 20:17

markets Aviat Airlines film RAI Department Traffic Near miss at Washington’s Reagan National Airport? American Airlines flight aborts landing to avoid plane on runway

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.

26.02 / 13:31

markets Aviat Airlines Southern Infinity Research Experts All about Britain's most technologically advanced ship that is searching for MH370

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.

26.02 / 03:13

markets Aviat Action Airlines social shock prevention Chicago Midway Airport: Southwest pilot’s swift action prevents deadly crash with Flexjet Jet on runway, watch the shocking footage

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.

26.02 / 01:13

markets UPS Aviat Manufacturing Mobile Traffic International Indian air taxi maker plans its largest fundraise ever as it gears up for takeoff

Subscribe to enjoy similar stories. Chennai-based electric air taxi startup The ePlane Co is looking to raise another $30-50 million as it prepares to manufacture three prototypes by 2026 and set the stage for its first launch. The startup has been conservative in tapping investors so far, securing $20 million since it was founded in 2019.

25.02 / 01:41

markets UPS Provident Aviat CEO International IIT-incubated startup's air taxis to fly in UAE & Southeast Asia

electric aircraft startup ePlane Company has announced a strategic collaboration with Dubai-based Empire Aviation Group to integrate business aviation solutions and take ePlane’s aircrafts international. The collaboration aims to fast-track the deployment of electric Vertical Take-Off and Landing (eVTOL) air-taxis and air-ambulances across India, UAE, Thailand, and Indonesia, the startup said.

21.02 / 22:03

Maxim Aviat CEO economy travelers rights rowing Do Airbus' new double-decker seats ignore obvious design flaws? Passengers raise concerns about the 'fart zone'

double-decker seating concept is making waves—and not necessarily for the right reasons.

21.02 / 17:43

Aviat Experts track reports Traffic Investigations UFO Alert: Leaked air traffic control audio reveals shocking US Air Force pilot's encounter: 'Something pass underneath my wing...'

air traffic control recording has revealed an extraordinary encounter between a US Air Force pilot and an unidentified flying object (UFO) over controlled airspace in California. The chilling exchange, obtained by NewsNation, details a mid-air confrontation that has left aviation experts and UFO investigators stunned.

21.02 / 04:11

markets COST Aviat Airlines reports travelers Traffic Despite passenger growth of 14.5pc in Jan25 (YoY), aviation industry likely to post loss in FY25, FY26: ICRA

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.

20.02 / 17:01

markets Aviat Airlines wellness Trade travelers International Premji Invest, Ranjan Pai family office seek CCI nod to acquire stakes in Akasa Air

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.

20.02 / 14:55

markets COST Aviat Airlines cover Courts DGCA urges Delhi HC to dismiss Federation of Indian Pilots' plea over new rest rules

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.

20.02 / 12:43

Aviat CEO Action social hospital Investigations International How much are Delta passengers being paid as compensation after life threatening upside-down crash landing?

Delta Air Lines is offering each passenger a hefty compensation of $30,000, described as “no strings attached.”

20.02 / 05:51

markets Aviat Waters Research wellness rock mountaineering Mountains may be hiding a revolutionary source of energy. Here's what it is and how a cigarette led to its discovery

Earth's mountains may be hiding a clean source of energy, according to a new study. As per the study published in Science.org, mountain ranges may have significant reserves of white hydrogen which has huge potential as a fossil fuel alternative.

19.02 / 20:45

markets Aviat Fox information reports Traffic Investigations 2 killed in mid-air collision at Arizona’s Marana Regional Airport: What we know so far

mid-air collision between two small aircraft at a regional airport in Arizona on Wednesday, authorities have confirmed. The incident occurred at 8:28 am local time when a Cessna 172S collided with a Lancair 360 MK II near Marana Regional Airport.

19.02 / 15:35

markets UPS Aviat Action security reports Unlocking the next big thing: 3 tech defense stocks on the radar for massive gains and could eclipse Palantir's legacy

Palantir Technologies has led the way in this sector with a 368% stock increase in the last year, other up-and-coming players are fast catching up, as per a report.

19.02 / 10:33

Aviat Action Sustainability Highways Experts reports International How the Delhi Airport Terminal 1 fiasco exposes the sorry state of infrastructure regulation in India

Subscribe to enjoy similar stories. Delhi International Airport Ltd (DIAL) has denied any culpability in the collapse of the canopy of its Terminal 1 (T1) last year, which killed one person and injured eight others. This doesn't come as a surprise.

19.02 / 09:49

markets UPS Aviat Manufacturing Airlines Boeing strain This new Airbus jet is bad news for Boeing

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.

19.02 / 03:27

markets Provident Aviat RAI country International Pucca helipad to be developed every 45 km, airport every 150 km in Madhya Pradesh: CM Yadav

Madhya Pradesh Chief Minister Mohan Yadav has said under the state's new civil aviation policy, a 'pucca' helipad will be built in every 45 km radius and an airport in every 150 km. Yadav was speaking on Tuesday during a dialogue with industrialists in Indore in connection with the 'Invest Madhya Pradesh — Global Investors Summit' to be held in Bhopal on February 24 and 25.

19.02 / 03:27

markets Digital Aviat Airlines security Analysis Trade Infosys shares in focus after securing GCC deal with Lufthansa for digital transformation

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.

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