Akasa Air Seeks 10.5 Billion Rupees Amid Rising Fuel Costs
Akasa Air is pursuing 10.5 billion rupees in funding to mitigate operational costs as geopolitical tensions drive up global jet fuel prices.
33 aviation articles tagged “business”
Akasa Air is pursuing 10.5 billion rupees in funding to mitigate operational costs as geopolitical tensions drive up global jet fuel prices.
Honeywell International has finalized the spin-off of its aerospace division, creating a standalone, pure-play supplier for the aviation industry.
Delta Air Lines has introduced new unbundled fare tiers for its premium cabins, offering lower price points with reduced perks and benefits.
Airbus delivered 351 commercial aircraft in the first half of 2026, marking a 15% increase and keeping the manufacturer on track for its 870-unit goal.
Airbus set an internal stretch target of 900 commercial aircraft deliveries for 2026, supported by an acceleration to 89 handovers in June.
Castlelake has reached an agreement in principle to acquire easyJet for £5.5 billion, offering shareholders a 73% premium per share.
The FAA announced $1.776 billion in infrastructure grants across 46 states to mark the nation’s 250th anniversary and finalize the BIL funding cycle.
CDB Aviation has finalized a sale-and-leaseback agreement with Lufthansa for two Boeing 787-9 aircraft, marking its first direct lease with the carrier.
Global aviation faces persistent operational challenges as supply chain constraints and lean network strategies make disruptions a structural reality.
Air Peace CEO Allen Onyema warned that soaring Jet-A1 fuel costs and high interest rates are forcing Nigerian airlines to borrow heavily to survive.
Raymond is in negotiations to acquire German aerostructures supplier Deharde to expand its footprint in the global aerospace manufacturing supply chain.
AirAsia has delayed payments to suppliers and lessors as surging jet fuel costs strain the finances of the budget carrier.
U.S. carriers are prioritizing margin recovery over fare cuts as jet fuel costs drop, leaving domestic airfares elevated for summer travelers.
easyJet has rejected a £4.74 billion takeover bid from Castlelake, prompting a June 26 deadline for the private equity firm to finalize its offer.
Industry speculation suggests former CEO Doug Parker may replace Robert Isom as American Airlines faces significant financial underperformance.
Caribbean Airlines is discontinuing unprofitable routes following $18.84 million in losses from its 2023 Eastern Caribbean expansion.
A United Airlines captain retired early due to an ALS diagnosis, flying his final flight alongside his son, who served as the first officer.
KKR has committed $1.4 billion to its Altavair partnership to address global aircraft supply shortages and growing demand for airline fleet flexibility.
Analysts warn that US airline airfares and checked bag fees will remain elevated despite lower oil prices due to tight capacity and strong demand.
Honeywell board members approved the spinoff of Honeywell Aerospace, creating two independent, publicly traded firms effective June 29, 2026.