Air India (AI), under the ownership of Tata, has reportedly amassed total losses of around ₹14,000 crore by the end of FY23, as per individuals familiar with the situation.
Airline News
Cathay Pacific (CX) is reportedly nearing an agreement to lease 18 Airbus A321neos, the most substantial single-aisle aircraft, in order to strengthen its short-haul fleet.
ata-owned low-cost carrier Air India Express (IX) flight from Cochin Int;l Airport (COK) to Sharjah Int’l Airport (SHJ) made an emergency landing back at COK after one of the passengers reported a burning smell inside the cabin.
GERMANY- On August 3, 2023, German flag carrier Lufthansa (LH) Group posted a record Q2 result amid strong travel demands.
The inaugural flight of Delta and LATAM’s debut Joint Venture route in the Brazilian market has successfully arrived in Los Angeles (LAX).
Tata-owned Indian FSC Air India (AI) has recently inaugurated its new office in Chennai. IndiQube develops the office and is modern and elegant in looks.
On August 1, 2023, Flair Airlines (F8), the prominent ultra-low-fare airline in Canada, unveiled a series of enticing new routes for its upcoming winter schedule.
AirJapan, medium-haul international routes under ANA, will enter service with the launch of the Tokyo Narita-Bangkok route on Feb 9, 2024.
ABU DHABI- UAE-based Etihad Airways (EY) is excited to unveil its upcoming addition to the United States route map, introducing service from Abu Dhabi to Boston with four weekly flights starting from March 31, 2024.
In the first quarter of the fiscal year 2023-24 (FY24), India’s largest carrier IndiGo (6E), owned by InterGlobe Aviation [NSE: INDIGO], surged into profitability, achieving an all-time high quarterly net profit of Rs 3,090.6 crore.