Alaska Air Group is cutting 200 non-contract jobs as rising fuel costs and high operating expenses point to a $700 million annual loss. This marks the carrier's first adjusted pretax shortfall since 2003. The move highlights the broader...
India’s domestic air passenger traffic fell by 8.3% in September, marking the steepest decline for the sector this year. Rising aviation fuel costs and softer consumer demand have forced airlines to reduce seat capacity by 7.9%. Investor...
SWISS International Air Lines CEO Jens Fehlinger states that high travel demand in India is exceeding current aviation capacity. Lufthansa Group plans to increase its schedule to 383 monthly flights by August 2027, despite logistical hur...
Air India has received approval from the DGCA to launch a dedicated flying training organization in Amravati, Maharashtra. The facility will house 34 aircraft, supporting the airline's strategy to build an in-house pipeline of pilots to...
Major Indian airlines, including Air India and Akasa Air, have extended the suspension of flights to Saudi Arabian cities like Riyadh and Jeddah through mid-November due to ongoing regional security risks. This disruption impacts key tra...
Logistics major Delhivery reported a net profit of Rs 40.6 crore for the second quarter of FY27, marking a turnaround from a loss in the previous year. Revenue grew 20% to Rs 3,066.3 crore, driven by efficiency gains. Despite these resul...
Bengaluru’s Namma Metro Blue Line project is facing material shortages and doubled aggregate costs due to an ongoing export ban from Tamil Nadu. With a 40,000-tonne deficit, contractors face rising operational expenses. Investors may mon...
A Trans Bharat Aviation helicopter carrying six people crashed near Joshimath on Friday afternoon, prompting an immediate halt to the firm's operations. Uttarakhand authorities have grounded the company’s fleet as rescue teams navigate c...