Aviation Sector

Spirit Airlines shuts down ops due to Iran war-driven fuel crisis

The collapse of the first carrier due to a doubling in jet fuel prices during the two-month-old Iran war will cost thousands of jobs

Indian airlines warn govt soaring fuel costs threaten ops, seek urgent help

India's top airlines have asked the government for urgent relief as record-high jet fuel prices raise costs, threaten flight operations and may lead to higher fares and route cuts

Delhi-Zurich Swiss flight evacuated on runway after engine failure, 6 hurt

A Swiss Airbus A330 aborted takeoff at Delhi airport after an engine failure and fire alert, forcing emergency evacuation of over 230 passengers and crew on the runway early Sunday

SpiceJet leans on sovereign backing prospect in ₹144 cr deposit Maran case

Maran side calls it rehashed distress plea; court tests feasibility of asset sale

Air India seeks funds from Tata, Singapore Air after ₹22,000 crore loss

Size of the infusion from the majority shareholders is still being discussed but may be less than what the carrier needs, meaning Air India would have to look for other financing options

Air India CEO Campbell Wilson steps down amid continuing losses: Report

Air India ​CEO Campbell Wilson has ​stepped down from ‌his position, Indian newspaper Mint reported, citing two people with knowledge of the matter

West Asia conflict, airspace curbs likely to cost carriers ₹2.5K crore

The broader conflict in West Asia, the largest international market for Indian carriers, has forced a sharp reduction in daily flights relative to the summer schedule

How Iran war is fuelling a global aviation crisis as jet fuel prices spike

Jet fuel prices, the single largest cost component for airlines, have surged sharply since February and are now forcing airlines globally to raise fares and activate emergency cost controls

Weak rupee, higher fuel costs, Iran war weigh on IndiGo's FY27 outlook

Geopolitical tensions, rising crude prices and rupee depreciation prompt brokerages to cut IndiGo's earnings estimates for FY27 despite stable demand outlook

Govt puts UDAN 2.0 on runway with a total outlay of ₹28,840 crore

Government approves next phase of UDAN scheme to boost regional connectivity, develop airports and helipads, and support airlines operating in underserved regions

60% seats on every flight to be free to choose: DGCA rolls out new norms

Under the new rule, airlines must allocate a minimum of 60 per cent of seats on each flight without any seat selection charges

DGCA allows longer pilot duty hours for Air India amid West Asia crisis

Large chunks of the West Asian airspace have since remained closed for commercial flights

Iran war exposes vulnerabilities for airlines in global aviation network

Global airlines have seen billions of dollars wiped from their market capitalisation on the surging cost of fuel and uncertainty about when safe operations can resume

Airlines seek govt support as Iran war hits ops, raises pricing pressure

Airlines warn prolonged West Asia conflict could disrupt operations and raise costs as jet fuel prices surge, routes lengthen, and insurance premiums climb, prompting calls for regulatory relief

Five-year engine R&D push crucial for strategic autonomy: Rajnath Singh

Calling Bengaluru a global symbol of innovation and skilled manpower, Singh said the city and GTRE will play a crucial role in India's journey towards becoming a developed nation by 2047

Air India Express could post first operating profit since privatisation

Management projects H2FY26 operating profit on improved unit economics, cost control and stronger execution

CCI orders antitrust probe against IndiGo for abuse of dominant position

Competition watchdog cites large-scale flight cancellations and market dominance as it directs DG to submit probe report within 90 days

Turkish Airlines flight diverts to Kolkata after mid-air engine fire

The Kathmandu-Istanbul Turkish Airlines flight declared a PAN PAN emergency after its right engine caught fire mid-air and diverted safely to Kolkata with all 236 passengers on board unharmed

India, China, southeast Asia set to dominate air travel growth, report says

Asia is emerging as the engine of global aviation growth, with India, China and Southeast Asia forecast to account for eight of the world's 10 fastest-growing air travel markets between 2024 and 2044, according to a whitepaper released on Monday, ahead of the 2026 Singapore Airshow. The paper by Alton Aviation Consultancy outlines that international traffic in Asia-Pacific grew by 8.0 per cent in 2025, outpacing global RPK growth of 6.8 per cent. Carriers across the region have launched more than 600 new routes since 2015, significantly improving access to underserved destinations and enhancing intra-regional connectivity. The whitepaper highlights India as one of the world's fastest-growing aviation markets, underpinned by robust economic fundamentals and a rapidly expanding middle class. While China continues to play a dominant role, Alton notes that Southeast Asia is an emerging growth region, led by markets such as Indonesia, Vietnam, and the Philippines. Mabel Kwan, Managing .

Protectionism in bilateral rights not good for anyone: Etihad CEO

Indian carriers are doing very well and have no reason to fear competition, says Antonoaldo Neves