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US stocks: US market rallies, Dow ends with record on US-Iran deal, oil price slideWall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears ...
US stocks: Dow hits record high on Iran deal optimism, lower oil pricesMajor Wall Street indexes surged at the open on Monday following a preliminary agreement between Washington and Tehran to resolve the Middl...
Air India plans to downsize with owner Tata balking at lossesAir India is reportedly deferring aircraft deliveries, cutting flights, and postponing expansion plans following instructions from owner Ta...
Emirates says it will get stranded passengers home, even on rival airlinesEmirates is introducing a new travel insurance product guaranteeing passengers can return home, even on rival airlines, to alleviate concer...
Air India's long history as it continues to face fallout from deadly crashInvestigators will delay the final report on the deadly Air India Boeing 787 crash. The analysis of the plane's engines requires more time....
IndiGo shares in focus as ATF prices rise 10% as fuel retailers launch 3-year price stabilisation schemeIndiGo shares are in focus after state-run fuel retailers raised aviation turbine fuel prices by around 10% while introducing a three-year ...
Vijay Rupani's daughter urges Air India to drop compensation waiver requirementAir India is offering compensation to families of victims from last year's Ahmedabad plane crash. However, families must waive their right ...
Vijay Rupani's daughter accuses Air India of pressuring crash victims' families to waive legal rightsAir India, on its part, said families are under no deadline to accept its final compensation offer and are free to wait for the AAIB report...
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 ...
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...
US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
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...
Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
One Dreamliner leaves, six routes go dark, but IndiGo unveils 'bigger' FY30 ambitionsIndiGo unveiled an ambitious plan to nearly double its scale by FY30, targeting 200 million passengers annually. The airline will focus on ...
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. ...
Middle East conflict fuels airline bankruptcy risks, more mergers likely: IATASoaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to...