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Air India tightens spending controls as it battles losses and high fuel costsAir India is forming a dedicated team to identify cost-saving opportunities in operations while facing significant challenges. The airline ...- US CPI inflation rises as Iran war drives up fuel prices: How higher petrol and diesel costs could hit American householdsAmerican households are facing increased inflation and rising fuel prices just weeks before the midterm elections. Consumer prices rose une...
- Lufthansa to buy 44.9 per cent of TAP Air Portugal in euros 1.2 billion dealThe German airline outbid Air France-KLM, the only other company in the race, Portuguese Prime Minister Luis Montenegro said. The governmen...
- AI startup Sarvam in talks for $300 million top-up; valuation may double to $3 billionThe startup builds Indian-language AI models and applications for government agencies and businesses, including banks and insurers. Its cus...
- Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisationThe outlook for Pakistan's economy appears optimistic, with anticipated growth rates of over 4% this fiscal year, spurred by strategic gove...
- UAE Attorney-General says flydubai co-pilot planned suicide attack on Tel Aviv airportA 29-year-old co-pilot of flydubai allegedly plotted a terrorist attack during a flight. The plan involved seizing control of the aircraft ...
- Southwest Airlines weighs Boeing 787 for long-haul international push, sources saySouthwest Airlines is evaluating the Boeing 787 Dreamliner as its potential first widebody jet. The airline has maintained discussions conc...
- ‘We had no idea if he would survive. We started crying a lot’: Smit Machchhar’s family recalls agonising wait on September 30Captain Smit Machchhar became a hero after averting a disaster involving 174 people on a flight. His family faced a difficult journey as th...
- Bangladesh seeks Sheikh Hasina's extradition from IndiaBangladesh's government is urging India to facilitate the extradition of former prime minister Sheikh Hasina promptly. State Minister for F...
- Pakistan's ex-PM Imran Khan's party begins long march after talks with government failPakistan's former Prime Minister Imran Khan's party commenced a long march towards Islamabad following unsuccessful negotiations. Khyber Pa...
- Fight AI with AI, Thales CEO tells cybersecurity gatheringCaine was presenting new cybersecurity tools including software protection against AI-powered attacks or a partnership with Google Cloud to...
- India Inc can weather 50 bps rate hike, El Nino impact: CrisilCrisil Ratings stated that India Inc will manage the expected 0.50 percentage point rate hike. The agency also indicated that rural demand ...
- Air India's ₹10,000 crore fundraise plan draws cashflow concernsAir India is currently looking to secure ₹10,000 crore in fresh loans for various operational needs. Some lenders are hesitant to provide c...
- Up to 25% off! Flying abroad soon? Air India & Adani Airports launch online duty-free shopping with pre-order, airport pick-up & loyalty rewardsAir India and Adani Airports have launched an integrated online duty-free shopping platform for international travellers, allowing passenge...
- Indian executives are gaining clout in US corporate boardroomsThe landscape of S&P 500 boards has seen a noteworthy shift, with Indian men now occupying a record 16 seats. This development reflects the...
- US Treasury chief Bessent claims successes in isolating IranUS Treasury Secretary Scott Bessent has initiated global efforts to economically isolate Iran through new restrictions. These restrictions ...
- USPS ships pallets of groceries to 100-plus Alaskan villages by air; an Inspector General report says it moved 87 million pounds in one year and recovered 29 cents per dollarIn Alaska, the Bypass Mail program is crucial for supplying isolated communities that lack road access. Each year, it transports millions o...
- Government to assess airport operators’ airline ownership proposal, says Aviation Minister Rammohan NaiduThe government will assess the “pros and cons” of allowing airport operators to own stakes in airlines and adopt a balanced approach, Civil...
- SpiceJet’s finances, operations under government watch as cash flow woes deepenIndia’s aviation ministry is closely monitoring SpiceJet’s finances and operations amid persistent cash-flow stress, with Civil Aviation Mi...
- India gives UDAN another decade to fly & generate Rs 60,000 crore; MoUs in 2-3 weeksThe Centre expects to finalize UDAN scheme agreements with all states soon. West Bengal will sign its memorandum of understanding on Septem...
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