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FUEL PRICES IMPACT AIRLINES
Alaska Air to cut 200 jobs, warns of potential $700 million annual lossAlaska Air Group will eliminate approximately 200 non-contract positions due to significant financial pressures. Rising fuel prices and oth...- India's domestic air traffic fell 8.3% in September as demand remained under pressure: IATAIn September, India's domestic air traffic declined by 8.3% year-on-year, marking a significant drop. This decrease was the steepest observ...
- Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time highReliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...
- As US airlines deploy AI pricing tools, startups help travelers cash in on fare dropsInnovative startups such as JetBack, Junova, and Refare are harnessing artificial intelligence to assist travelers in reclaiming fare discr...
- Cathay Pacific reports personal data security incident involving Amadeus ITCathay Pacific Airways has reported a data security incident linked to a third-party service provider. The incident reportedly affected aro...
- IndiGo shares rise 2% after Q2 losses narrow. What are Jefferies and other brokerages saying?IndiGo shares gained 2% after the airline reported a narrower year-on-year Q2 loss of Rs 1,879 crore, although profitability remained under...
- IndiGo posts Rs 1,879-crore loss as high fuel costs, geopolitical woes hit; capacity cuts & yield management offer only partial relief, says CEO Willie WalshIndiGo reported a net loss of Rs 1,879 crore in the September quarter as a sharp rise in jet fuel prices and foreign exchange costs offset ...
- IndiGo may hike ticket prices to offset soaring fuel bills, says CEO Willie WalshAmidst escalating fuel prices that heavily strain profitability, IndiGo is looking at the possibility of raising ticket prices. The airline...
- IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%IndiGo Q2 Results: Budget airline IndiGo reported narrowing of its consolidated loss to Rs 1,879 crore in the second quarter of FY27, compa...
- Iran war, rupee fall to push India airlines' losses to Rs 38,000 croreThe Indian aviation industry is expected to face significant financial challenges in the current fiscal year. A ratings agency has projecte...
- Akasa Air hikes pilots' salaries by up to 15% to retain themThe revised pay structure will take effect January 1, 2027, with fixed monthly salaries increasing across all eight pilot grades, from firs...
- Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
- Jetblue CEO says company not in talks with its creditors: ReportJetBlue Airways CEO Joanna Geraghty has denied reports of debt restructuring talks with creditors, seeking to assure investors after a shar...
- JetBlue shares surge 12% as airline seeks to calm financial concernsJetBlue Airways shares surged over 12% after addressing financial concerns despite reporting a larger quarterly loss. The loss was influenc...
- Trump's diesel price relief efforts grow costlier as election nearsWith the midterm elections approaching, President Trump is implementing various strategies to combat high diesel prices. These measures inc...
- DGCA extends pilot rest rule deadline to March as airlines face cost pressuresThe Directorate General of Civil Aviation has extended the deadline for revised pilot rest rules to March 31, 2027. This extension is a res...
- Cheaper air tickets may remain a distant dream for Indian flyersIndian flyers may have to wait longer for airfare relief after the festive season as elevated aviation turbine fuel prices, rupee depreciat...
- US Stocks: GE Aerospace raises 2026 profit forecast as services strength drives growthGE Aerospace has increased its 2026 adjusted earnings forecast due to continued demand for engine maintenance. The demand for spare parts r...
- Expensive flights, struggling airlines: Why India's airfare crisis has no easy fix for passengersIndia's proposed new airfare framework would require airlines to submit fare structures to the DGCA a month in advance, amid festive-season...
- 'Govt has no plans to regulate airfares'India's government has clarified that it will not regulate ticket prices for airlines under new rules. The new air fare regulations will al...
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