aviation industry News

United Airlines Soars: Q1 Revenue Climbs 5.4% to $13.2 Billion, Meeting Forecasts

United Airlines Inc. reports a 5.4% increase in Q1 revenue to $13.2 billion, meeting analyst expectations. The airline's strong performance highlights its growth and resilience in ...

IndiGo CEO Confirms: Global Tariffs Won't Derail Our Decade-Long Expansion Strategy

IndiGo CEO Pieter Elbers assures that global tariff hikes won't affect the airline's long-term expansion plans, highlighting India's domestic market strength and the company's grow...

Spirit Airlines CEO Steps Down Following Successful Bankruptcy Exit: What's Next for the Airline?

Spirit Airlines CEO Ted Christie resigns post-bankruptcy, with an interim team of executives taking over. The airline faces a leadership transition as it moves forward from financi...

Trump's Tariff Announcement Sparks Concern in Aviation Industry Over Deepening Supply Chain Challenges

The aviation industry faces uncertainty as Trump's new tariffs threaten to exacerbate existing supply chain challenges, with Boeing and Indian suppliers particularly concerned abou...

IndiGo Faces Hefty Rs 944 Crore Tax Penalty, Vows Legal Battle Against Erroneous Charge

IndiGo, India's largest airline, has been penalized Rs 944.20 crore by the Income Tax Department but plans to legally challenge what it calls an erroneous order, assuring no immedi...

Will Noida's Jewar Airport Outshine Delhi's IGI? Aviation Ministry Urges VAT Cut on ATF to Prevent Flight Diversions

The Aviation Ministry urges Delhi to cut VAT on ATF to prevent flight diversions to Noida's Jewar airport, highlighting the competitive edge lower taxes could offer to the new avia...

India Emerges as a Leading Contributor to Riyadh Air's Global Job Applications

Riyadh Air, Saudi Arabia's new airline, has received over 14 lakh job applications from 146 countries, with India leading as a top source. The airline is expanding its fleet and fo...

Airbus Soars: Delivers 40 Jets to 25 Customers in February, Eyes Future Growth

Airbus delivered 40 jets to 25 customers in February, showcasing its manufacturing prowess and strong global demand. The company also secured 14 new orders, reflecting continued cu...

Airbus Achieves Record Deliveries in February, Serving 25 Global Customers

Airbus delivered 40 jets to 25 customers in February, alongside securing 14 new orders. The company's total deliveries for the year have reached 65 to 34 customers, showcasing its ...

Lufthansa Soars to Record Revenue: A 7.8% Q4 Surge to €9.4B

Deutsche Lufthansa AG reports a 7.8% increase in Q4 revenue to €9.4 billion, contributing to a record annual revenue of €37.6 billion. Despite a significant surge in Q4 earnings pe...

Lufthansa Soars: Q4 Revenue Climbs 7.8% to €9.4B, Marking a Record Year

Deutsche Lufthansa AG announced a 7.8% increase in Q4 revenue to €9.4 billion, with full-year revenue hitting a record €37.6 billion. The company also reported a significant rise i...

Delta Air Lines Soars 11% Following Stellar Q4 Earnings Report

Delta Air Lines Inc. experienced an 11% stock price surge after announcing better-than-expected Q4 financial results for fiscal 2024, with shares reaching $68.2100. The market's po...

Vietnam's Hanoi-HCMC Route: The 4th Busiest Domestic Air Route Worldwide

The Hanoi-Ho Chi Minh City route remains the world's 4th busiest domestic air route in 2024, despite a 2% decrease in available seats. Five carriers operate on this "golden" route,...

Exchange Rate Surge Threatens South Korean Battery and Aviation Industries

The surge in the won-dollar exchange rate is causing significant distress for South Korean companies, particularly in the battery and aviation industries. The sharp rise in the exc...