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AIRSPACE CLOSURE
Hegseth says the US controls the Strait of Hormuz, while also warning of bomb strikes on Iran’s 'key facilities'America is taking a firm stand in the Strait of Hormuz, demonstrating significant influence over this crucial maritime corridor. While Iran...
Iraq reopens airspace after Iran ends operation against IsraelIraq reopened its airspace on Monday, the country's civil aviation body said, following Iran's announcement that it was halting its militar...
IndiGo suspends Kuwait flights until further notice due to airspace closureIndiGo has suspended all flights to and from Kuwait indefinitely due to the ongoing closure of Kuwaiti airspace. The airline is closely mon...
Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
Summer travel plans take no break: Domestic demand remains strong despite rising fuel costs and airfares, fewer flightsIndians are not cancelling summer holidays despite higher costs and fewer flights. Many are choosing domestic trips or nearby international...
Summer travel plans show no signs of slowing: Domestic demand remains strong despite higher airfares, rising fuel costs & fewer flightsDespite rising airfares and fuel costs, Indians are continuing their summer holidays, though many are adjusting their plans. Domestic trave...
Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
Kuwait partially resumes flights after Iranian attack on airport injures severalKuwait has halted all commercial flights following a drone attack on its international airport. Several people were injured in the incident...
Oil Price Today (May 28): Crude oil surges nearly 3% after Iran says it targeted US airbase in retaliation for fresh American strikesOil prices surged as US strikes in Iran heightened fears of shipping disruptions through the Strait of Hormuz. Iran's Revolutionary Guards ...
Oil Price Today (May 27): Crude oil hovers near $100 amid mixed cues on Iran war peace deal. What are experts saying?Brent crude prices remained volatile as U.S. strikes in southern Iran and mixed signals from President Trump over talks with Tehran kept tr...
West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
Hajj pilgrim numbers surpass 2025 arrivals despite Middle East warOver 1.5 million pilgrims have arrived in Saudi Arabia from outside the kingdom for the upcoming hajj, according to a Saudi official, excee...
Iran has destroyed roughly $1 billion worth of US Reaper dronesIran has destroyed at least 24 MQ-9 Reaper drones operated by the US since the war began, with total losses possibly reaching 30, according...
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 weighed down by external shocks: Singapore Air CEOAir India's losses have significantly impacted Singapore Airlines' annual profit. Geopolitical issues, airspace closures, and currency fluc...
Air India's challenges 'largely external', transformation a long game: Singapore Airlines CEOAir India's transformation is a long journey with no quick fixes, according to Singapore Airlines CEO Goh Choon Phong. The Indian carrier f...
Air India FY26 losses pull Singapore Airlines' profit down by 57%Singapore Airlines said its net profit fell to S$1.18 billion (₹8,864 crore) for the year ended March 31, from S$2.78 billion a year earlie...
Air India dismisses rumours of cancelling all international flights till JulyAir India has refuted claims of cancelling all international flights due to fuel shortages. The airline is temporarily reducing some overse...
Air India terminates flights to multiple destinations as fuel price bitesAir India is cutting international flights for three months starting June. Soaring jet fuel prices are forcing the airline to suspend servi...