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INDIAN AIRLINE FINANCIAL ISSUES
India’s youngest airline Akasa Air seeks funds as Iran war drives up costsAkasa Air is raising funds through equity and debt to navigate industry challenges. The airline seeks eight billion rupees from investors a...- 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...
- Flight carrying bodies of 15 Indians killed in Vietnam boat tragedy lands at Mumbai airportA flight carrying fifteen Indian nationals killed in Vietnam has landed in Mumbai. Ten victims were from Tamil Nadu, three from Andhra Prad...
- SpiceJet lessors seek to take back 4 planes; airline says deregistration will save costsLessors have asked DGCA to deregister four SpiceJet Boeing 737-8 MAX aircraft. These planes have remained non-operational for a prolonged p...
- IndiGo, Accor announce reciprocal loyalty programmes partnershipIndiGo and Accor have announced a new loyalty partnership in India. Members can now convert reward points between IndiGo BluChip and ALL Ac...
- SC to hear on Jul 13 plea seeking guidelines to curb 'unpredictable fluctuations' of airfaresThe Supreme Court will hear a plea seeking airfare regulation guidelines. This plea addresses unpredictable fluctuations and ancillary char...
- Flight status delayed or cancelled due to heavy rain? Here's when you can claim a refund, free meals and hotel accommodationIndian passengers have rights during monsoon flight disruptions. Airlines must offer refunds or alternative flights for cancellations due t...
- IndiGo gets DGCA warning over cargo spillage, dangerous goods rule violationsIndiGo's parent company received a DGCA warning letter for procedural deviations. This followed an audit after a cargo spillage incident oc...
- Dr Reddy's shares crash 9% in 2 days; brokerages slash target prices after semaglutide supply disruption. What lies ahead?Dr Reddy's Laboratories shares extended their decline after the company delayed commercial supplies of its semaglutide product due to a qua...
- Emirates to deploy A380 on Delhi route from October; expands Premium Economy to 6 Indian citiesEmirates will introduce its A380 aircraft on the Dubai-Delhi route starting October 25. This move expands the airline's double-decker servi...
- Global headwinds, resilient MSMEs: India’s ECLGS 5.0 responseThe real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit protects.
- Air India fourth most punctual airline in the worldAir India achieved the world's fourth most punctual airline ranking in June. The airline recorded an impressive 86.85% on-time arrival rate...
- Air India chairman N. Chandrasekaran to oversee firm with interim panel; CEO search continues, source saysAir India Chairman N. Chandrasekaran is forming an interim committee to oversee the airline. This committee will manage operations while a ...
- Air India sets up interim management committee amid CEO delayTata Sons chairman N Chandrasekaran is setting up an interim management committee for Air India. The airline faces a delay in appointing a ...
- India rolls out digital e-OCI Cards from July 8: What changes for new applicants and existing cardholdersIndia will issue only digital Overseas Citizen of India cards from July 8, 2026. Existing physical booklets remain valid but are no longer ...
- US airlines are redesigning travel around their highest-paying passengersMajor airlines are focusing on premium travelers, offering enhanced comfort and convenience. This strategy creates a noticeable difference ...
- Landing, parking charges waiver at major airports for airlines unlikely to continueThe Airports Economic Regulatory Authority is unlikely to extend the waiver. This waiver reduced landing and parking charges for domestic f...
- European Union vows more support to resolve new border check woes after airlines warningEuropean Union migration chief Magnus Brunner has pledged increased efforts to address issues with the bloc's new border check system, the ...
- Mumbai flight status today: IndiGo, Air India, Akasa Air, SpiceJet issue travel advisories as heavy rain disrupts operations; flights divertedMumbai's flight operations are facing significant disruptions due to heavy rainfall and poor visibility. Major airlines like IndiGo, Akasa ...
- Govt scraps TDS on GIFT City aircraft lease rentalsAirlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies in GIFT City. This move a...
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