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Air India seeks $1.5 billion from owners Tata Sons, Singapore Air as losses mount, sources sayAir India is seeking around $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines to fund its turnaround, according to ...
He built China’s biggest property empire and became Asia’s richest man. Now Evergrande’s Hui Ka Yan is in prison for life, here’s whyEvergrande founder Hui Ka Yan, also known as Xu Jiayin, has been sentenced to life in prison in China for embezzlement, bribery and other f...
Air India undertakes pilot testing programme amidst scrutiny after Phuket incidentAir India has voluntarily undertaken a testing programme covering all its pilots, beyond regulatory requirements, amid heightened scrutiny ...
Mukul Agrawal-backed PTC Industries shares slip 4% despite 466% surge in Q1 profit and 180% EBITDA growthPTC Industries shares fell 4% despite a strong Q1 FY27 performance, with profit surging 466% and EBITDA rising 180%. Revenue grew 83% year-...
Air India Phuket-Delhi flight lost hydraulics for seconds: Airbus asks airline to check if it was genuine failure or glitchAn Air India flight experienced a rare hydraulic control loss, injuring 24 passengers. The aircraft's flight data recorders showed a sudden...
Pilots struggled to control Air India's Phuket-Delhi aircraft due to rare malfunction, shows Airbus’ initial assessmentAn Air India A320 flying from Phuket to Delhi briefly lost hydraulic control across all three systems, causing the aircraft to plunge about...
'Consequences will get higher': Air India CEO Campbell Wilson tells staff amid crackdown on rule violationsAir India chief Campbell Wilson urged staff to do the right thing even when unobserved. He highlighted instances of employee travel privile...
Air India makes psychoactive substance testing mandatory for pilots after Phuket incidentAir India now mandates psychoactive substance testing for all pilots. This new internal measure enhances safety protocols beyond DGCA requi...
Centre asks Air India to ‘take responsibility’ after Phuket-Delhi flight scare; orders tighter dope checks: ReportThe government has warned Air India to “take responsibility” for safety after the August 4 Phuket-Delhi flight scare and ordered DGCA to ti...
Boeing jet deliveries drop 17% in JulyBoeing delivered fifty-three jets in July, a decrease from June but an increase over last year. European rival Airbus delivered sixty-seven...
IndiGo in early talks with Embraer for large regional jet orderIndiGo parent InterGlobe Aviation is reportedly in early talks with Brazil’s Embraer for a potentially large order of E2 regional jets. The...
Air India CEO Tewolde Gebremariam will have to handle airline's many challengesAir India has announced the appointment of Tewolde Gebremariam as its new chief executive officer. The airline is currently grappling with ...
Tewolde Gebremariam: The storied career of Air India's new helmsman and the tough India test that awaits himTewolde Gebremariam, known for crisis management, will lead Air India. He previously managed Ethiopian Airlines through major global crises...
IndiGo bets on small biz class, dense economy seating for long-haul flightsIndiGo plans a high-density economy layout for its long-haul European flights. This strategy aims to sell more seats and protect its cost s...
Turboprop maker ATR predicts demand for 10 aircraft per year in 2 decadesATR forecasts demand for ten aircraft annually in India over twenty years. Production capacity hinges on overcoming global supply chain con...
IndiGo to offer lie-flat business class, dense economy on long-haul routesIndiGo will unveil a compact yet premium economy cabin for its European flights. The airline's new Airbus A350s will showcase 333 economy s...
IndiGo's next flight plan: Airline targets bigger global push, diaspora traffic through IndiaIndiGo marks twenty years by planning a significant international expansion. The airline will induct new aircraft to connect the global Ind...
IndiGo to discontinue wide-body operations effective October 25, end Norse Atlantic leaseIndiGo will end wide-body flights by October 2026, citing geopolitical challenges. Damp lease agreements with Norse Atlantic Airways will c...
IndiGo's next chapter: Rahul Bhatia backs Willie Walsh to lead expansionIndiGo Managing Director Rahul Bhatia said incoming CEO Willie Walsh is motivated to make a lasting impact at the airline and will be instr...
IndiGo to decide on next aircraft order in 2030 after assessing new-generation planes: Rahul BhatiaIndiGo plans to wait until the early 2030s before placing its next aircraft order as it evaluates next-generation aircraft technologies tha...