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AIRLINE FLEET REDUCTION
IndiGo soars 5% after Q4 results. What Goldman Sachs, Jefferies and others are sayingIndiGo's shares surged despite a Q4 FY26 net loss of Rs 2,536 crore, driven by Middle East conflict disruptions. Analysts remain largely po...- AI use cases may lead to Rs 100 crore savings for Air IndiaAir India is leveraging AI extensively, developing over 30 in-house tools to save approximately Rs 100 crore annually. These AI application...
- Air India’s cabin glow-up is fighting the pressure of a brutal money heatAir India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...
- Air India CEO flags flight cuts as jet fuel spike makes routes unviableAir India is reducing flights due to soaring jet fuel costs and airspace issues. International operations are becoming unprofitable. Furthe...
- Traveling this summer? Major airlines cut routes — check the list to see if you are affectedAirlines Cut Routes Due to Rising Fuel Costs from the Iran War — Is Your Summer Flight at Risk? Jet fuel prices have doubled since the war ...
- The jet-fuel surge is making global flight connections disappearTravellers face more flight cancellations as airlines grapple with sky-high jet fuel costs. Carriers globally are reducing flights and park...
- Corporate Air files bankruptcy as fleet shrinks; other airlines face financial troubleCorporate Air, a small American airline, filed for bankruptcy after reducing its fleet to only three planes. The company owes millions and ...
- Air India hired 9,000 employees in two years: Campbell WilsonAir India has hired 9,000 employees over the past two years to support its expanding fleet and network. The airline's domestic market share...
- Domestic airlines industry expected to fly back into profitability next fiscal: CrisilAs per the report by credit rating agency Crisil, the industry is also likely to pare its net loss by as much as 75-80 per cent year-on-yea...
- SpiceJet plans to bring back Boeing 737 MAX aircraft from next monthSpiceJet said it ‘expects to start operations of MAX aircraft around the end of September 2021 subject to regulatory approvals.’ With India...
- Air India Express plans fleet expansion, eyes more overseas routesThe plan is being prepared amid the government working on a road map for disinvestment in Air India, the debt laden parent of the low-cost ...
- 'Court ruling may affect SpiceJet passengers'SpiceJet passengers may face a hard time again including paying higher fares with the Delhi High Court directing aviation regulator DGCA to...
- SpiceJet fleet thinning downAviation authorities are closely watching the crisis deepen at SpiceJet which needs immediate infusion of funds to survive.
- Rules to prevent airlines cut safety costs on the anvilWith the Mangalore aircrash in mind, Government is preparing detailed rules and guidelines to ensure that loss-making airlines do not cut c...
- Cash-strapped, so safety gets the go-by?The DGCA had asked the ministry not to allow such airlines to induct more aircraft in the fleet till they meet all safety standards for the...
- Kingfisher returns 19 leased aircraft in 10 monthsOwing to mounting losses, Vijay Mallya-owned Kingfisher Airlines has returned 19 leased aircraft to lessors in the past 10 months.
- After UAL, Continental to ground 67 aircraftUS carrier Continental Airlines said on Thursday it will cut 3,000 jobs, remove 67 less fuel-efficient planes from its fleet and reduce ser...
- Continental Airlines to cut 3,000 jobsUS carrier Continental Airlines said Thursday it will cut 3,000 jobs and 67 less fuel-efficient planes from its fleet and reduce services t...
- United Airlines to slash fleet, jobs amid soaring fuel pricesUnited Airlines on Wednesday said it was cutting fleet and operations and eliminating up to 1,100 additional jobs to compete in an "unprece...
- Pvt cos get a pie of AI insuranceAI has managed to extract a 38.5% reduction in its fleet insurance bill by leveraging the intense competition.
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