Topics: Airline Business

Union Budget 2024 Expectations: Aviation, Airline, and Drone Industry Expect Positive Reforms in India’s Interim Budget 2024

As the eagerly anticipated Union Budget 2024 draws near, the aviation, airline, and drone industries are keeping a watchful eye on Finance Minister Nirmala...

Aequs Snaps $54 Mn in Equity Round Funding

Leading precision manufacturing company, Aequs Pvt. Lt., has raised $54 million (Rs 488 crore) in equity round funding led by Amansa Capital. The round also...

Justice Department Sues JetBlue To Block Spirit Airlines’ Buyout

The Department of Justice (DOJ) of the United States has reportedly filed an antitrust lawsuit against JetBlue in the District of Massachusetts to block...

Bangalore International Airport, AWS launches New Joint Innovation Center for the adoption of digital innovation in Aviation

Bangalore International Airport Limited (BIAL), an operator of Kempegowda International Airport, Bengaluru (BLR Airport) has announced its partnership with Amazon Web Services (AWS) to...

Adani Group inks deal with Airport Authority of India for developing of three airport

The Adani Group has signed a concession agreement with Airport Authority of India (AAI) for the development of three airports." The AAI in its statement...

SpiceJet signs MoU with Brussels Airport for COVID-19 vaccine supply

Airline company SpiceJet has signed a Memorandum of Understanding with Belgium's Brussels Airport to supply COVID-19 vaccine in Europe. SpiceJet in its official statement said,...

GoAir launches $19 quarantine package for passengers

India based airline company, GoAir has announced the launch of 'quarantine packages' for its domestic and international passengers. Speaking on the launch, GoAir said, "The...

Rolls-Royce to cut 9,000 jobs for its global workforce

UK-based engineering company Rolls-Royce has announced plans to layoff 9,000 employees from its 52,000 global workforces that would predominantly come from Rolls-Royce's civil aerospace...

Coronavirus Pandemic: the UK commits £75 million to get stranded Britons back home

Briefing the press on Sunday, UK Foreign Secretary Dominic Rabb announced that, "The Government would spend up to £75 million to get stranded Britons...

COVID19 Update: US announces $58 billion aid to avoid airline industries bankruptcies

Governments stepped up efforts on Thursday to help airlines hammered by a virus-induced travel slump, with the United States offering $58 billion in aid,...

Steve Mnuchin: “Coronavirus is worse than 9/11 for the airline industry”

Speaking with the press on Tuesday, Steve Mnuchin, Treasury Secretary of the United States, said, "The Coronavirus outbreak is worse than 9/11 for airline...

IATA: Asian airlines can lose $27.8 billion in revenue due to coronavirus outbreak

Airlines in the Asia-Pacific region stand to lose $27.8 billion (£21.6 billion) of revenue this year as they slash flights due to declining demand...

Report: India antitrust watchdog founds now evidence of collusion by IndiGo, SpiceJet and others

Investigators with India's antitrust watchdog have found no evidence that the country's biggest airline, IndiGo , and four rival carriers colluded to fix ticket...

SpiceJet to launch 20 new domestic flights by next month

Private airline carrier SpiceJet has announced that "It is launching 20 new flights on its domestic routes, including some services under the government's regional...

Coronavirus update: Singapore Airlines to cut flights as coronavirus epidemic hits demand

Singapore Airlines Ltd will temporarily cut flights across its global network in the three months to May, it said on February 18, as a...

Vistara codeshare pact with United Airlines comes into effect from last Friday

India's leading private airline, Air Vistara on Monday said, that “The codeshare agreement between Vistara and United Airlines has come into effect from last...

AirAsia boss Tony Fernandes, and Chairman Kamarudin Meranun to step down on bribery charges

AirAsia Group CEO Tony Fernandes and Chairman Kamarudin Meranun will step aside for at least two months while the airline and authorities investigate allegations...

Qatar Airways CEO Akbar Al Baker says, “We have no interest in buying Air India”

Qatar Airways has no interest in buying a stake in Air India, its CEO said on Thursday, as the government plans roadshows in Singapore...

IndiGO Airways signs one-way codeshare agreement with Qatar Airways

Top Indian airline IndiGo said on Thursday it signed a one-way codeshare agreement with Qatar Airways, letting the Middle Eastern airline get more access...

Pakistan’s PIA operates 46 flights without a passenger during 2016-17

Pakistan International Airlines (PIA) has operated 46 flights without a single passenger from Islamabad Airport in 2016-17. Citing to an audit report, Pakistan’s media agency...

US Govt fines Japan Airlines with $300,000 over five hours flight delays

The US government is fining Japan Airlines USD 300,000 for delays that trapped passengers on two grounded planes for hours. Under an agreement with the...

China Southern Airlines receives $4.36 billion through equity diversification plan

China Southern Airlines will carry out an equity diversification plan that will involve the injection of 30 billion yuan ($4.36 billion) of capital from...

GoAir offers one million seats for Rs 899

In one of its largest-ever discounted ticket schemes, budget carrier GoAir May 24 put one million seats up for grabs with fares starting at...

Nasim Zaidi resigns from Jet Airways board

Jet Airways, an Indian airline company which has grounded for more than a month has announced that "One of its non-executive and non-independent director...

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