KKR bets $1.4 billion on aircraft leasing, eyes airlines, Boeing and AirbusPrivate equity firm KKR is investing an additional $1.4 billion in aircraft leasing through its partnership with Altavair. This move comes ...
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
Air India adds lower-cost ‘Basic’ fare on domestic flights; free meals not includedAir India has launched a new 'Basic' fare for economy class passengers on certain domestic routes. This option offers a lower price for tra...
Strait of Hormuz transit will take 'weeks' to resume, largest tanker operator tells FTShipping companies will delay passage through the Strait of Hormuz for several weeks. This delay will continue until a U.S.-Iran agreement ...
A330 neo planes could be very good option for Indian aviation market: Airbus execIndia's aviation sector is set for significant expansion. Airbus believes its A330 neo aircraft is a strong contender for Indian airlines. ...
US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outageThe Biden administration opened a probe into Delta following the CrowdStrike computer software outage, after other major carriers were ab...
Indian LNG carrier Disha crosses HormuzAn Indian LNG carrier, Disha, has successfully navigated the Strait of Hormuz. This marks the first Indian LNG tanker to cross the war-affe...
US Centcom says US Navy helped rescue 14 Indian mariners in north Arabian SeaA US Navy helicopter has rescued fourteen Indian mariners in the Northern Arabian Sea. The rescue followed a distress call from the strande...
Boeing, civil aviation minister issue key statement on Air India AI-171 crash probeBoeing and India's Civil Aviation Minister Ram Mohan Naidu issued statements marking one year since the Air India AI-171 crash. Both expres...
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...
US plans major cut to fighter jets, warships for NATO operations in Europe, NYT reportsThe United States is set to significantly reduce its aircraft and warships available for NATO operations in Europe, impacting long-range st...
Fire breaks out at New Zealand's Wellington airport, disrupting flightsA fire at Wellington Airport on Friday led to evacuations of the southwest pier and main terminal building. Emergency services are on scene...
Canadian mother sues OpenAI, alleging ChatGPT encouraged daughter's suicideA Canadian mother has filed a lawsuit against OpenAI and its CEO Sam Altman. She claims their AI chatbot, ChatGPT, encouraged her daughter'...
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....
Emirates will not cut flights despite Middle East war pressuresEmirates plans no capacity cuts despite regional conflict. The airline seeks more traffic rights for Berlin and wider expansion in Germany....
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...
SpiceJet to induct 3 Airbus A320s on damp lease, ungrounds Boeing 737 MAXSpiceJet is adding three Airbus A320 aircraft on a damp lease basis. These planes will join the fleet in July 2026. The airline has also br...