Page 2 - Aviation News

Air India terminated over 1,000 staff in 3 yrs for ethical breaches: CEO

Air India has sacked over 1,000 employees for ethical violations in three years as mounting losses force the airline into aggressive cost-cutting mode

Air India to cut costs, reduce flights as war worsens financial struggles

Air India plans cost cuts and flight reductions as the Iran war, soaring fuel prices and weak demand deepen the airline's financial troubles

Air India delays increments, asks staff to cut costs amid industry woes

Air India has deferred annual salary increments and urged employees to cut discretionary spending amid rising fuel prices and geopolitical disruptions

Airlines flag steep charges at Noida airport ahead of June 15 launch

IndiGo, Air India, and global airline body IATA have flagged high airport and user development charges proposed at Noida International Airport

Air India defers annual increments by one quarter amid cost-cutting drive

The management of the loss-making airline, which has been facing multiple headwinds especially due to the West Asia conflict, told staff that layoffs are not anticipated

ECLGS 5.0: Top 3 airlines may get up to ₹1.5K cr each, says DFS secy

Credit facilities worth Rs 70,000-80,000 crore available with SBI for MSMEs under ECLGS scheme: SBI chairman

Air India board holds meet, discusses costs, new CEO amid West Asia crisis

Air India board reviews mounting FY26 losses, cost cuts and CEO succession plans as fuel prices and West Asia disruptions hit operations

Air India board meets in Delhi as airline faces multiple headwinds

Discussions related to the selection of a new CEO are also likely at the board meeting

AirAsia signs major deal, orders 150 Canada-made Airbus A220 jets

The deal is potentially worth about $6.8 billion, based on Ishka data that values new A220-300s jets at $45 million apiece

Godrej Enterprises' commercial aviation biz eyes 15-20% growth till FY32

The company is developing in-house design platforms for key components as it shifts from a build-to-print model to a design-led player higher up the value chain

MSMEs, airlines get ₹2.55 trillion credit lifeline amid West Asia crisis

Cabinet approves ECLGS 5.0 with an outlay of ₹18,000 crore

Power bank catches fire on IndiGo plane at Chandigarh; all evacuated

The smoke was due to the power bank catching fire, the source said, adding that no one sustained major injuries

HC junks SpiceJet's plea to review ₹144 cr payment order in Maran dispute

SpiceJet sought reconsideration of the March 18 direction on several counts, including financial distress amid the ongoing war in West Asia

Air India CEO search narrows to Singapore Air exec Kannan, insider Aggarwal

The choice of a new CEO comes at a crucial time for Air India, which is grappling with heavy losses, heightened regulatory scrutiny after a deadly crash last year

West Asia conflict: Indian carriers cut 25% weekly int'l flights in May

Several foreign carriers have expanded operations to India

Airlines scramble to help stranded Spirit flyers after carrier collapses

Spirit Airlines ceased operations on Saturday following a doubling in jet fuel prices due to Iran war

Air India board to meet May 7; cost-saving steps, CEO selection on agenda

As part of stringent measures to save costs amid spiralling jet fuel prices, Air India is mulling unbundling meals from tickets as well as lounge access for business class travellers

Air India CEO search narrows to Vinod Kannan, Nipun Aggarwal: Report

Singapore Airlines holds a roughly 25% stake in Air India, with the rest owned by Tata Sons

IndiGo cuts int'l capacity for May by 17%, among worst hit globally

West Asia tensions hit aviation hard, with IndiGo leading capacity cuts among non-Gulf carriers as uncertainty disrupts India-Gulf travel demand

NMIAL dismisses IATA's concerns over high aeronautical charges

Navi Mumbai International Airport Ltd rejects International Air Transport Association concerns, says tariffs won't materially hurt demand at the new airport