Airline Sector

SpiceJet shares jump 7% on aircraft additions; stock up 22% in 2 sessions

SpiceJet added three new aircraft to its operational fleet, including an Airbus A340 wide-body and two Boeing 737s, as part of its winter expansion plan

Updated On: 10 Oct 2025 | 11:27 AM IST

DGCA steps in to check festive airfare surge, asks airlines to add flights

Following discussions with airlines, the regulator said carriers have committed to deploying extra capacity to meet higher travel demand

Updated On: 05 Oct 2025 | 10:36 PM IST

India, China airlines to vie for bigger market share as skies open

In September 2019, IndiGo entered the fray with a Delhi-Chengdu flight, and then added another from Kolkata to Guangzhou the next month, soon grabbing 16.8 per cent of the overall market

Updated On: 03 Oct 2025 | 10:35 PM IST

SpiceJet shares rise 5% as Carlyle settlement unlocks $89.5-mn liquidity

Buying in the SpiceJet stock came after the low-cost airline unlocked fresh liquidity of $89.5 million after a settlement with Carlyle Aviation Partners

Updated On: 11 Sep 2025 | 11:51 AM IST

Trump admin scraps Biden-era plan of airlines paying for flight disruptions

The Trump administration on Thursday said it is abandoning a Biden-era plan that sought to require airlines to compensate stranded passengers with cash, lodging and meals for flight cancellations or changes caused by a carrier. The proposed rule would have aligned US policy more closely with European airline consumer protections. It was proposed last December in the final weeks of then-president Joe Biden's administration, leaving its fate in the hands of his Republican successor. In a document posted on Thursday, President Donald Trump's Transportation Department said its plan to scrap the proposed rule was consistent with Department and administration priorities". Industry trade group Airlines for America, a vocal critic of the proposal, said it would have driven up ticket prices for consumers. We are encouraged by this Department of Transportation reviewing unnecessary and burdensome regulations that exceed its authority and don't solve issues important to our customers," the gr

Updated On: 05 Sep 2025 | 7:18 AM IST

Akasa Air completes fundraising, Premji Invest joins Jhunjhunwalas

Akasa Air completes $125 million fundraising, welcoming Premji Invest, 360 ONE Asset, and Claypond Capital, alongside the Jhunjhunwala family, to support its expansion and long-term growth

Updated On: 19 Aug 2025 | 8:37 PM IST

Air India flight grounded in Pune after bird hit; return leg cancelled

Air India cancelled eight international and domestic flights earlier on June 20, citing maintenance and operational issues

Updated On: 20 Jun 2025 | 2:40 PM IST

Air India flew Airbus jets with overdue checks days before fatal 787 crash

DGCA flagged Air India for flying planes with overdue emergency equipment checks; however, these warnings were not related to the cause of the June 13 plane crash

Updated On: 20 Jun 2025 | 9:47 AM IST

Pahalgam attack wrecks Kashmir tourism; hotels, airlines demand action

Following the Pahalgam terror attack, tourism in Kashmir collapsed, prompting airlines and hotels to urge the Centre for immediate relief to revive the sector

Updated On: 11 Jun 2025 | 11:04 AM IST

IndiGo may line up 30-50 ATR 72-600 plane order in Paris Air Show

The Indian carrier, which currently operates a fleet of about 46 ATR 72-600s, had earlier placed an order for 50 such aircraft in 2017 as part of a strategy to expand its regional footprint

Updated On: 07 Jun 2025 | 12:39 AM IST

Airline profits to reach $36 bn in 2025 despite supply chain disruptions

Rise in passenger numbers and lower fuel costs drive airline revenue growth, while cargo revenue declines, says IATA

Updated On: 02 Jun 2025 | 12:55 PM IST

IndiGo to start non-stop flights to 10 int'l destinations in FY26: CEO

IndiGo will launch non-stop flights to 10 global cities including London, Amsterdam and four in Central Asia by FY26, backed by Boeing 787s and A321XLR aircraft

Updated On: 30 May 2025 | 10:09 PM IST

Airbus' annual sourcing from India to touch $2 bn before 2030: CEO Faury

Aircraft maker Airbus' annual sourcing of components and services from India will be ramped up significantly to touch USD 2 billion before 2030, its CEO Guillaume Faury has said as he emphasised that the country should play on its strengths rather than replicate what others have done in the past. For Airbus, currently the sourcing of components and services annually is to the tune of USD 1.4 billion from India, which is also one of the world's fastest growing civil aviation markets. Describing India as one of the most important markets for Airbus in terms of growth, Faury said the challenge for the aircraft maker is to support the speed of the growth of the aviation industry in India. The Airbus order book has more than 1,300 aircraft to be delivered to Indian carriers and IndiGo alone has more than 900 planes on order, including wide body A350s. Among them, there are firm orders for 50 A350s from Air India and 30 from IndiGo. Currently, there are around 700 Airbus planes in opera

Updated On: 26 Mar 2025 | 2:15 PM IST

IndiGo has great opportunity to address long haul market: CEO Pieter Elbers

With internationalisation as a key focus area, IndiGo chief Pieter Elbers on Tuesday said the airline has a great opportunity to address the long haul flight services market from India. IndiGo, which has more than 400 planes in its fleet, is taking wide-body Boeing 787 aircraft on damp lease and is set to start services to Amsterdam and Manchester later this year. "International air travel in India probably for quite a long time was very much taken care of by non Indian airlines... there is a great opportunity to address that market (long haul) with our planes," Elbers said. Generally, long haul flights are those having a duration of more than nine hours. The airline expects to take delivery of long range A321 XLR planes this year and wide-body A350 aircraft in 2027. Speaking at the Skift India Forum, he also said that its order book for aircraft is an "incredible asset". The airline has more than 900 planes on order. Elbers also asserted that the airline wants to have the cost

Updated On: 18 Mar 2025 | 6:35 PM IST

Riyadh Air plans to expand, eyes partnership with Air India and IndiGo

Riyadh Air is set to begin operations with a fleet of 60 Airbus A321neos and 72 Boeing 787-9 Dreamliners, and aims to connect Saudi Arabia to over 100 international destinations by 2030

Updated On: 12 Mar 2025 | 5:26 PM IST

Air India flight forced to return to Chicago due to clogged toilets

A video surfaced on social media, showing the commotion in the Air India flight with passengers on-board crowding one section of the plane

Updated On: 10 Mar 2025 | 1:16 PM IST

IBS Software to explore more biz opportunities in India's airline industry

IBS Software, a leading SaaS solutions provider to the global travel industry, will look at more business opportunities in the airlines industry as well as the loyalty programmes segment in India, which is also a "price sensitive market", according to a top company official. Sounding optimistic about the prospects for the global travel industry, the company's Founder and Executive Chairman V K Mathews said the Indian market has huge growth potential. The Singapore-headquartered Software as a Service (SaaS) solutions provider has around 5,000 staff and has about 200 clients spread across aviation, travel and cruise, hospitality, and energy and resource segments. Emirates, British Airways, China Airlines, Cathay Pacific, Etihad, Japan Airlines, KLM, Lufthansa, Virgin Atlantic, Hyatt, Hilton, Chevron, ADNOC and Royal Caribbean International are among its clients, as per the company's website. In India, IBS is implementing software solutions for air cargo operations, and also the staff

Updated On: 09 Mar 2025 | 6:05 PM IST

SolitAir to invest $25 mn in India's air cargo market this year: CEO

Dubai-based cargo operator SolitAir Holding is looking to invest USD 25 million in the domestic market in the first year of operations, its founder and Chief Executive Officer Hamdi Osman has said. Osman, a logistics industry veteran who served a 30-year stint with the American multinational conglomerate FedEx till 2011, also said that India is very "critical" to global trade and SolitAir places it at the top of its 50-city mission and vision that it is looking at in the long-term. The UAE's only dedicated cargo-agnostic airline operating express daily scheduled services between Dubai and high-yield key trade routes across the Global South, started operations last year with a Boeing 737 freighter plans to connect and service 50 cities within a six-hour flight radius of the UAE through its air cargo network. "Based on cost and investment coming into India, we are talking anywhere between USD 20-25-million investment in the Indian market in the first year," Osman told PTI. The compan

Updated On: 09 Mar 2025 | 5:19 PM IST

SpiceJet in trouble as 3 aircraft lessors, ex-pilot file insolvency pleas

SpiceJet is facing fresh round of troubles as three Ireland-based aircraft lessors and a former pilot have filed insolvency pleas in NCLT against the budget carrier, claiming defaults. Three lessors - NGF Alpha, NGF Genesis and NGF Charlie- have filed petitions under Section 9 of IBC, seeking initiation of insolvency proceedings against SpiceJet claiming dues totalling USD 12.68 million (about Rs 110 crore). SpiceJet, during the proceedings of the National Company Law Tribunal, earlier this week, sought some time to resolve the matter as settlement talks were going on. "Counsel on behalf of the Operational Creditor (SpiceJet) is present and sought time to seek instructions on the future course of action to be taken in the matter," NCLT said in an order. The insolvency tribunal directed to list all three petitions on April 7, 2025, for the next hearing. The lessors had earlier leased five Boeing 737 to SpiceJet. They had served legal notice to SpiceJet wherein they alleged theft o

Updated On: 08 Mar 2025 | 3:07 PM IST

Air India expands key international routes for summer 2025 - Check details

The airline will bolster its operations across the United Kingdom, Europe, Far East Asia, and Africa to enhance connectivity for travellers

Updated On: 13 Feb 2025 | 5:35 PM IST