Airline Industry

IATA said the overall revenue this year is expected to rise faster than expenses (7.6 per cent versus 6.9 per cent), strengthening profitability.

Airline industry to report $9.8 billion net profit this year: IATA

Willie Walsh, Director General of the International Air Transport Association (IATA), said that despite economic uncertainties, people are flying to reconnect, explore and do business. "Latest data shows that passenger traffic is at over 90 per cent of 2019 level".

All about CUTE, ASF, PSF and other charges airlines collect

Airlines collect many charges, like aviation security fee, from passengers for the sake of convenience. Otherwise, passengers will be required to pay them during departure, making travel stressful. Many of these charges are passed on to other agencies and airlines do not profit from them.

Mix of Boeing and Airbus: Top lessor confirms Air India’s order of 500 aircraft

Industry sources say finalising the proposed deal depends on ongoing negotiations with engine makers.

Airline SAS says survival at stake as pilot strike grounds flights

The action is the first major airline strike to hit when the industry is seeking to capitalise on the first full rebound in leisure travel following the pandemic.

'3rd wave has airlines flying into deep-red with Rs 20,000-crore net losses this year'

Air traffic had seen a swift recovery after the second wave and reached 86 per cent of the pre-pandemic level in December 2021 compared over December 2019, while regular international flights were expected to start after January 2022. However, the third wave has already caused domestic air traffic to plummet 25 per cent in the first week of January.

Airlines face holiday test as demand surges

The Transportation Security Administration says that passenger checkpoints are nearly as busy now as they were in 2019, before the pandemic.

Some airlines risk failure if they do not cut emissions faster: Report

Airlines are also at a rising risk of shareholder activism at a time when major fund managers such as BlackRock Inc, Vanguard Group Inc and State Street Corp have publicly expressed concerns about climate change, the report from CAPA Centre for Aviation and Envest Global released on Wednesday said.

Air India's acquisition will bring some sanity to the Indian domestic aviation market

In the past, Air India had been the most aggressive in price wars because of government and taxpayer backing. Now, the Tatas are likely to take a more prudent approach to pricing.

Mumbai seems to have lost the aviation game completely

With Jet Airways shifting its headquarters to Gurugram, Go First is the only airline to be headquartered in Mumbai. The expansion of Delhi to Gurugram and NOIDA, cheaper rents, better infrastructure and connectivity and improved housing are the winning factors for Delhi NCR.

Airline industry sees long-term rebound for sector amid COVID-19

In its latest look at trends for the sector, the International Air Transport Association (IATA) said it doesn't expect world air traffic to resume to its pre-pandemic level before 2023.

COVID times: Airlines industry awaits guidelines for vaccinated passengers

An official of the International Air Transport Association (IATA) on Monday told PTI that regulations and restrictions to travel are determined by governments, but expressed hope that governments will consider relaxing travel restrictions for vaccinated persons.

In Pics | Planes across world grounded en masse due to coronavirus outbreak

Take a look at these pictures of planes resting on runway and tarmacs around the world.

Amadeus to buy Navitaire from Accenture for $830 mn

Amadeus said it expects the deal, which is projected to close in the fourth quarter, will have a minimal impact on its financial performance this year. It said the deal would be earnings accretive from the first day.

India gets back Category-I aviation safety ranking

The restoration of status comes more than 14 month after it was downgraded to Category-II following failure of aviation regulator DGCA to meet the international safety norms.

Airline woes over stranded passengers

As scientists and politicians debate the relationship between carbon emissions and storms such as the one that devastated the US east coast last week, some people in the airline industry are more worried about a different kind of problem.

Airline industry expecting positive response: Ajit Singh

A day after notifying a policy measure to allow foreign airlines pick up 49 per cent stake in Indian carriers, the government today said the aviation industry was in an upbeat mood as it was expecting a positive response to the move.

Competition Commission may relook at cartelisation issue

Competition Commission today said it could take a relook at the issue of cartelisation in the airline industry in terms of hike in airfares but maintained that ticket prices generally moved up due to a mismatch between supply and demand.

HP Expands Converged Cloud Portfolio

New solutions offer powerful options to help enterprises on cloud journey.

Govt notifies direct import of jet fuel

Meeting a key demand of the ash-strapped airline industry, the government today issued the notification allowing private airlines to import jet fuel or ATF directly.

Min govt interference key to our success: Qatar Air CEO

Akbar Al Baker is one of the rare CEOs in the airline industry with a smile on his face. He is making money in a sector very few are managing to do so.