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Global Market: European shares steady as investors track deal activity; easyJet jumps on takeover proposalEuropean shares held steady as dealmaking took center stage, with a potential takeover of easyJet by Castlelake boosting travel stocks. Dec...- Boeing's new 737 assembly line starts moving in EverettBoeing is launching a new 737 MAX assembly line in Everett, Washington, to boost production amid high global demand. This move aims to incr...
- 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...
- Akasa Air receives 40th aircraft, expands fleet with Boeing 737 MAX 8-200Akasa Air has welcomed its 40th aircraft, a Boeing 737 MAX 8-200, marking a significant step in its fleet expansion. This latest delivery i...
- UDAN flights discontinued on 50% of routes launched so farIndia's ambitious plan to boost regional air travel is struggling, with nearly half of UDAN routes now inactive. Despite significant govern...
- Regional carriers demand slots, aircraft and simpler rules as India relaunches faltering connectivity schemeOf the 669 routes made operational since the Ude Desh ka Aam Nagrik (UDAN) scheme started in 2017, commercial flights are currently operati...
- Centre scraps TDS on aircraft lease rentals at IFSCsA significant tax relief has been granted to airlines, with India now exempting tax deducted at source (TDS) on aircraft lease rentals paid...
- Flight of capitalA budget airline's absurd pricing model, charging for emotions and even air, highlighted extreme capitalism. Meanwhile, a mandatory office ...
- Air India, SIA Engineering to set up maintenance, repair and overhaul joint venture in IndiaAir India and Singapore Airlines' engineering arm are exploring a joint venture to establish a world-class Maintenance, Repair, and Overhau...
- Amazon to start initial Leo internet service this year as network nears 400 satellitesAmazon's latest batch of 29 satellites lifted off from Florida early on Thursday aboard an Atlas V rocket from United Launch Alliance, mark...
- Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
- Hyderabad flyers may soon have to pay airport fees for arrivals tooHyderabad airport is proposing a shift in passenger charges, reducing fees for departing flyers and introducing a new charge for arrivals. ...
- NCLAT upholds full PF, gratuity payments for Jet Airways employeesIn a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
- Stocks in news: Kotak Mahindra Bank, Tata Motors, HDFC Bank, IndiGo, Coal IndiaIndian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidation persists. Analysts await a dec...
- SAS to buy up to 40 Airbus A330 aircraft for over $10 billionScandinavian airline SAS said Tuesday that it would buy up to 40 new Airbus jets in its biggest aircraft order ever, totalling over $10 bil...
- Quote of the Day by JRD Tata: "Nothing worthwhile is ever achieved without..." - From one daring dream to a global industrial empire: The forgotten success formula that turned vision, values and hard work into an industrial powerhouseQuote of the day by JRD Tata continues to inspire entrepreneurs, students, professionals and leaders because it speaks to a truth that neve...
- India Inc profit hit from West Asia tensions to halve if truce holds, Crisil saysCorporate India's profitability impact from the West Asia conflict is now expected to be half of initial fears, with Crisil Ratings predict...
- International visitors to Dubai to return ahead of hotel rate recoveryDubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a l...
- Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
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