Spirit Airlines' liquidation would eliminate ⁠more than 17,000 jobs, an expert said.

Airlines lost tens of billions of dollars in 2020 and 2021 due to the pandemic, but air travel has partially recovered and some airports ha...

However, the Jalan-Kalrock Consortium, which has won the bid to acquire the company under the Insolvency and Bankruptcy Code (IBC), cannot ...

The rating agency said it is expecting the recovery process to remain subdued during March quarter and that the jet fuel prices continue to...

Industry players said the "timely" decision to include the aviation sector under the Emergency Credit Line Guarantee Scheme (ECLGS), which ...

"COVID-19 will inflict an unprecedented financial impact on the industry.Airlines are the most vulnerable, with some carriers at breaking p...

In its post earnings conference call, the airline’s management said that it will raise additional liquidity of Rs 2,000 crore through sale ...

The company plans to raise $1.5 billion by selling shares and convertible senior notes due 2025.

InterGlobe Aviation, the parent firm of IndiGo, reported a net loss of Rs 871 cr and won't dole out dividend.

The full-service carrier, which flew for nearly 26 years, suspended flights on April 17 last year after running out of cash for its daily o...

The aviation industry has come to a halt amid air travel restrictions and drop in demand due to the Covid-19 outbreak, which has compelled ...

“There are a large number of fixed cost that airlines have to pay, whether they operate flights or not. In the beginning of this year, abou...

There have been recent reports about certain business groups or even the government of Kerala planning to launch airlines to operate on int...

Some of the finest airlines of the world have gone bust in the past. Here’s a look at some carriers that crash landed and never flew again.

The European Union will end current restrictions on liquids in air passengers’ hand luggage by April 2013 in an overhaul of aviation securi...

Airlines, already lowering fares in response to softening demand this fall, face additional pressure on margins from tighter security measu...

Asia-Pacific airports and airlines bolstered security on Friday and slapped new restrictions.