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INDIA AIRLINE FUNDING CRISIS
ATF prices rise about 10% as oil companies roll out fixed pricingAviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic ...
Air India's foundations rebuilt, but aircraft delivery delays hurt growth plans: Campbell WilsonAir India's CEO Campbell Wilson is stepping down. He states the airline has rebuilt its foundations. However, aircraft delivery delays and ...
Air India Express defers Noida Airport launch, exits Hindon amid cost-cuttingAir India Express has indefinitely postponed its operations from Noida International Airport. This reduces the number of airlines launching...
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
Air India, Thai Airways to enter into codeshare agreement this year, expand travel options for travellersAir India and Thai Airways are set to launch a codeshare agreement. This partnership will offer more travel choices for passengers flying b...
Disable bureaucratic blindness, empathiseThe ordeal faced by Falguni Maheshwari at the airport sheds light on the systemic issues that differently-abled travelers in India continue...
Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
Airline chiefs grapple with fuel shock, fare test at Rio summitGlobal airline leaders gather in Rio de Janeiro facing a tough recovery test. The Iran war is increasing fuel costs and disrupting flight p...
Air India, Riyadh Air sign agreement to expand premium travel options between India, Saudi ArabiaIndia's leading global airline, Air India, and Saudi Arabia's new national carrier, Riyadh Air, have signed a Memorandum of Understanding (...
Govt's new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation MinistryA new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for b...
Air India, Riyadh Air ink initial pact for codeshare partnershipAir India and Saudi Arabia's Riyadh Air have signed an initial agreement. This partnership will offer seamless travel connections between I...
SAS Mumbai comeback hits turbulence as inaugural flight turns back to CopenhagenSAS's return flight to India faced a setback. The inaugural Copenhagen to Mumbai flight turned back mid-air. This happened because final re...
Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projectsAviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This ai...
Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...