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CHINA EASTERN AIRLINES FINANCIAL REPORT
China’s Big Three airlines sink deeper into losses as fuel costs soarChina's three largest state-owned airlines reported substantial first-half losses. Surging jet fuel prices and a weak summer season impacte...- India's aviation boom faces turbulence amid safety concernsIndia's airline sector faces significant safety and financial challenges. Recent incidents have exposed regulatory and operational shortcom...
- Weak September rains could push FY27 inflation to 5.5% or higher: ReportIndia's inflation outlook hinges critically on September rainfall performance. A monsoon shortfall could push inflation to 5.5 percent or h...
- Temasek backs Singapore Airlines to fly long haul with Air IndiaTemasek has shown its support for Singapore Airlines' investment in Air India amidst rising concerns regarding the Indian carrier's financi...
- China offers emergency financial assistance, aid to NepalChina provided emergency financial aid and assistance to Nepal. The nation is recovering from devastating flash floods which killed many pe...
- Indian pilgrims stranded in Tibet return to Nepal through alternate border crossingFollowing catastrophic flash floods that devastated the Gyirong border post, Indian pilgrims stranded in Tibet are making their way back to...
- 'Key to long-term growth': Temasek backs Singapore Airlines’ Air India bet amid investor scrutinySingapore's Temasek supports Singapore Airlines' Air India investment for future growth. This strategic move aims to deepen the carrier's p...
- IndiGo Ventures to invest in Indian firm Sarvam to expand AI use in aviationIndiGo Ventures is investing in Sarvam, an Indian artificial intelligence company. This investment supports their ongoing partnership focus...
- India sends its Fab 4 across the world to woo trade, tech, energy and capitalIndia engages key partners, focusing on border management and energy security. Discussions with China now include investment alongside boun...
- Will consider Air India's biz strategy, other factors before deciding on additional fund requests: Singapore AirlinesSingapore Airlines will carefully consider Air India's capital requests. The airline group evaluates investments considering its own capita...
- Air India’s $1.5 billion funding ask sparks backlash in Singapore parliamentA Singapore politician questions the logic of Singapore Airlines supporting Air India. He opposes using Temasek funds for Air India's turna...
- India-China to add hotlines in eastern, middle sectorsThe understanding, broadly on eight points, was reached through a consensus at the 25th round of talks in Beijing on Tuesday between the Sp...
- Delhi couple’s bags arrived ripped open after flight; court orders airline to pay Rs 3.61 lakhA Delhi consumer commission has ordered American Airlines to pay over Rs 3.61 lakh to a Delhi couple as compensation for two damaged checke...
- China joins India search for 22 missing after cargo ship sinksChinese authorities were assisting India's search for 22 crew members missing after a Panama-flagged cargo vessel sank in the Bay of Bengal...
- India’s flights may stay expensive even as fuel gets cheaper: S&PAsia-Pacific airlines may maintain higher airfares as passenger demand remains strong. This strategy allows carriers to recover elevated op...
- Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abandons plans before launching passenger flightsAustralia's Stralis, an airline startup, is shutting down after plans for hydrogen-electric air taxi flights failed to reach commercial rea...
- India's airport privatisation plan creates a barricade for power in few handsThe government plans to cap private bidders winning airport bundles. This aims to prevent excessive market concentration and financial leve...
- Adani rival GMR plans $2 billion expansion at two India airportsWith plans to invest close to $2 billion, GMR Airports is set to embark on significant airport expansion initiatives. These developments pr...
- SpiceJet insolvency case: NCLT allows lessor to withdraw plea, imposes fine on both Aviator ML & cash-strapped airlineThe National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea against SpiceJet. Both parties faced a fine for late s...
- SpiceJet gets more time as NCLT defers lessors’ bankruptcy casesThe NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...
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