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FINANCIAL REPORT AIRLINES INDIA
Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...
Solvency buffers at insurers thinning; general insurance sector more of a concernThe Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...
Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
Household sector debt climbs to 45.5 pc of GDP in Sep 2025: RBI reportHousehold debt has climbed to 45.5% of India's GDP, driven by a surge in non-housing retail loans, now making up over half of total borrowi...
Indian economy remains exposed to energy price shocks: RBI reportIndia's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite ...
SAS to buy up to 40 Airbus A330 aircraft for over $10 billionScandinavian airline SAS said Tuesday that it would buy up to 40 new Airbus jets in its biggest aircraft order ever, totalling over $10 bil...
Close call over New York: JetBlue pilot says drone hit cockpit on JFK approachA JetBlue flight approaching JFK Airport reported a collision with a drone at 3,000 feet. The FAA is investigating the incident, which occu...
Two British American Tobacco-linked entities receive Rs 3,896 crore ITC dividend in FY26British American Tobacco's Indian entities received ₹3,895.74 crore in dividends from ITC in FY26, a slight decrease from the previous year...
India's debt market not equipped to finance next phase of growth, needs structural reforms: DeloitteIndia's debt market is currently ill-equipped to fund the nation's ambitious economic growth targets, a Deloitte report highlights. To achi...
Gujarat consumer panel clears Air India over fog-hit flight diversion, citing safety mandateA consumer commission has ruled that Air India is not liable for a flight diversion due to dense fog in Delhi, which caused passengers to m...
Air India may restore some flight schedules amid easing West Asia conflict: SourcesAccording to airline sources, Air India CEO Campbell Wilson communicated to employees that the easing of the conflict has created a more st...
No smooth landing: ICRA sees Indian airlines' losses widening up to Rs 38,000 crore in FY27India's aviation sector faces a grim outlook, with ICRA projecting net losses to skyrocket to ₹36,000-38,000 crore in FY27. This sharp revi...
India Inc profit hit from West Asia tensions to halve if truce holds, Crisil saysCorporate India's profitability impact from the West Asia conflict is now expected to be half of initial fears, with Crisil Ratings predict...
Air India plane comes in front of IndiGo aircraft on same taxiway at Ahmedabad airportAn Air India plane mistakenly turned onto the same taxiway as an IndiGo aircraft at Ahmedabad airport on Wednesday evening. The IndiGo flig...
Air India says Delhi-Amritsar flight briefly 'infringed into Pakistan airspace'; probe underwayAn Air India flight from Delhi to Amritsar briefly strayed into Pakistan's airspace on June 22 during a go-around manoeuvre. The airline co...
Air India appoints former civil aviation secretary as advisor to chairmanAir India has appointed former civil aviation secretary Pradeep Singh Kharola as executive advisor to Chairman N Chandrasekaran, aiding in ...
India panel proposes simulator-heavy pilot licence to ease crew shortage, document showsIndia is exploring a new pilot license option to combat a growing shortage, proposing increased simulator training and reduced flight hours...
Akasa Air eyes 30% capacity growth in FY27Akasa Air is set for a significant 30% capacity expansion this financial year, with ambitious long-term plans remaining steadfast despite g...
Air India at a crossroads as Tata weighs Nipun Aggarwal, Vinod Kannan for next CEO, says reportAir India's leadership race is heating up with Nipun Aggarwal and Vinod Kannan as top contenders to steer the airline through turbulent tim...