Air India Seeks Turnaround Amid Financial and Safety Scrutiny
Air India faces a record 220 billion rupee loss, prompting Chairman Natarajan Chandrasekaran to prioritize safety and cost-discipline for the carrier.
Aviation business updates on airline financials, mergers and acquisitions, industry trends, stocks, and commercial developments worldwide.
Air India faces a record 220 billion rupee loss, prompting Chairman Natarajan Chandrasekaran to prioritize safety and cost-discipline for the carrier.
United Airlines faces a surplus of lie-flat seats intended for the delayed Boeing 737 MAX 10, which cannot fit the airline's current Airbus A321neo fleet.
Portugal has initiated a final negotiation phase for the 44.9% stake in TAP Air Portugal, seeking improved offers from Air France-KLM and Lufthansa.
American Airlines is evaluating an order for 65 widebody jets to replace its 47 Boeing 777-200ERs, with deliveries targeted for the 2030s.
Ryanair CEO Michael O'Leary faces shareholder opposition over a potential £130 million bonus package ahead of this week's annual meeting.
American Airlines is weighing an order for up to 65 widebody jets to replace its 47 aging Boeing 777-200ER aircraft in the 2030s.
AerCap reached its 100th Boeing 787 delivery from its direct orderbook, providing the aircraft as the 25th Dreamliner for Grupo Aeroméxico.
Aviation Capital Group delivered a new Boeing 737-8 to Trinity Airways, marking the debut of the carrier's rebranded identity and hybrid service model.
Boeing reached $89.5 billion in 2025 revenue while Intuitive Machines builds its lunar infrastructure backlog to $1.1 billion.
Investors weighing Boeing stock 2026 against Lockheed Martin must balance Boeing's commercial recovery against Lockheed's steady defense cash flow.
La Caisse and SMBC Aviation Capital have doubled their Maple Aircraft Company Holdings joint venture to $3 billion to meet rising airline demand.
Airbus plans to deliver over two aircraft per week to India for the next decade to clear its 1,200-jet backlog amid rapid fleet growth.
Kenya Airways incurred over $7 million in losses and cancelled 63 flights during a three-day industrial action by the Kenya Aviation Workers Union.
Kenya Airways acting CEO George Kamal has resigned amid a KSh 16.1 billion loss, with Habil Waswani appointed as his interim successor.
Virgin Atlantic will transfer two Boeing 787-9s to LOT Polish Airlines in 2027 to support the carrier's long-haul growth strategy.
SpiceJet has ceased Boeing 737 MAX operations following a lease termination with BOC Aviation, leaving the carrier with an 11-aircraft active fleet.
Astronics raised its full-year 2026 revenue guidance to $1.02 billion as record bookings and military program expansions drive margin growth.
Southwest Airlines secured a new $2 billion credit facility to bolster liquidity and support rising capital requirements through 2031.
The Indian Navy leased two MQ-9B Sea Guardian drones from GA-ASI for Rs 1,943 crore to maintain maritime surveillance in the Indian Ocean.
Saudia will double its Boeing 777F fleet to eight aircraft through a new purchase-and-leaseback agreement with DAE.