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AIRLINE INDUSTRY NEWS
The airline builder: Meet Tewolde Gebremariam, the Ethiopian aviation veteran tasked with flying Air India into its next eraTewolde Gebremariam, a respected turnaround specialist, now leads Air India. He previously transformed Ethiopian Airlines into Africa's lar...
Air India taps Ethiopian Airlines turnaround veteran Tewolde Gebremariam as CEO after Campbell Wilson's exitAir India has appointed Tewolde Gebremariam as its new Chief Executive Officer. He previously led Ethiopian Airlines Group through a signif...
Warren Buffett, Isaac Newton and the fourth law of moneySomewhere between what your investments earn and what you actually keep, a portion goes missing every year. It is charged by nobody you cou...
A look at billionaire Adani's businesses as he weighs starting an airlineGautam Adani's conglomerate is exploring a new airline venture. The group already operates eight airports across India. Adani Ports manages...
Adani seeks clearance to own airlineAdani Group seeks to dilute a clause preventing airport operators from holding airline stakes. This change would enable the conglomerate to...
Conflicts, aircraft orders in focus as Farnborough Airshow kicks offFarnborough Airshow opens with Boeing and Airbus pursuing aircraft deals. Defence companies will account for half of the show's record exhi...
Pilot in his 20s sky-writes 'I'm bored' during 2-hour flight over northwest EnglandA young pilot spelled "I'm bored" across the sky during a routine test flight. This journey was a scheduled test run after maintenance work...
Lessors aim to reclaim SpiceJet aircraft due to increasing unpaid rentalsAircraft lessors are repossessing planes from SpiceJet after the airline failed to pay lease rentals. The finance leasing arm of Industrial...
Stocks priced for ‘sunshine and rainbows’ now face earnings testWall Street enters the second-quarter earnings season with expectations near record highs, leaving companies with little room for disappoin...
UDAN flights discontinued on 50% of routes launched so farIndia's ambitious plan to boost regional air travel is struggling, with nearly half of UDAN routes now inactive. Despite significant govern...
Air India at a crossroads as Tata weighs Nipun Aggarwal, Vinod Kannan for next CEO, says reportAir India's leadership race is heating up with Nipun Aggarwal and Vinod Kannan as top contenders to steer the airline through turbulent tim...
Australia relaxes Gulf travel advice in boost for Middle Eastern airlinesAustralians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This...
Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
US stocks: US market rallies, Dow ends with record on US-Iran deal, oil price slideWall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears ...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian equities rallied sharply as an interim US-Iran peace framework eased geopolitical concerns and pushed oil prices lower. Improved inf...
US stocks: Dow hits record high on Iran deal optimism, lower oil pricesMajor Wall Street indexes surged at the open on Monday following a preliminary agreement between Washington and Tehran to resolve the Middl...
Emirates to offer incentives, safety assurances as Iran war hits travelEmirates plans incentives beyond lower fares to attract passengers concerned about the Iran war. The airline prioritizes reliability and cu...