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2 mins read

Singapore Airlines to invest additional Rs 3,195 cr in Air India post-Vistara merger

Singapore Airlines is set to invest an additional Rs 3,194.5 crore in Air India following the Vista…

PTI   


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1 min read

SpiceJet raises Rs 3,000 crore through QIP

It also said the QIP attracted a diverse pool of top-tier institutional investors and mutual funds,…

PTI   


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Analyst blasts American Airlines for troubling 'lack of vigor' and action to improve financial performance

JP Morgan analysts criticized American Airlines, which reported a 46% decline in Q2 2024 profits, f…

Benjamin Zhang   


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Airlines are making a miraculous recovery by doubling down on premium seats

American, Delta, and United Airlines are doubling down on high-margin premium cabins and expanding …

Taylor Rains,Benjamin Zhang   


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5 mins read

10 financial scams that shook India: A dive into deception

From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…

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2 mins read

Singapore Airlines has offered $10,000 to passengers who got hurt when their flight hit severe turbulence

Flight SQ321 from London to Singapore was hit by one of the worst instances of turbulence in recent…

Aditi Bharade   


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Why a hedge fund made a podcast about a shake-up it's pushing for at Southwest Airlines

Elliott Investment Management built up an 11% stake in Southwest — then started a podcast. It's a g…

Shubhangi Goel   


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Airlines are scrambling to fix the unsustainable crisis caused by too many cheap flights

A flood of low-priced, money-losing, economy-class seats has airlines across the industry scrambli…

Benjamin Zhang   


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3 mins read

A Gen Z left a $70,000 salary in the US and moved to Thailand without a job. He says he's better off financially and happier in Bangkok.

Myles Simms-Aur quit his job and moved to Thailand from Maryland last year. He said he can save mon…

John Towfighi   


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4 mins read

How Covid helped Singapore leap ahead of other cities

For many cities, the COVID-19 pandemic is now in the rear-view mirror. There are still some outbrea…

ANI   


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United Airlines said it expects to lose money over the 737 Max 9 grounding, the first indication of the financial impact of the door plug blowout saga

United Airlines said in a filing Monday it expects to lose up to 85 cents per share while increasin…

Pete Syme   


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5 mins read

Can Air India emulate Singapore Airlines' record profits?

Following consecutive quarters of standout financial results, many expected Singapore Airlines (SIA…

ANI   


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An activist investor with a new $1.9 billion stake in Southwest is calling for big changes at the airline

Southwest touts itself as the "LUV" airline, with free checked bags and no change fees. An activist…

Taylor Rains   


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Vistara CEO says 'worst is behind us', flight operations have stabilised

After facing significant flight disruptions recently, Vistara CEO Vinod Kannan on Thursday told the…

PTI   


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4 mins read

Singapore Airlines to get 25.1% stake in enlarged Air India group

The November 2022 deal between Singapore Airlines and Tata Sons to further inject USD 267 million i…

ANI   


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3 mins read

Go First has lengthy history of missing financial obigations, says Pratt & Whitney official

In another statement, Pratt & Whitney said it was "committed to the success of our airline customer…

ANI   


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2 mins read

Vistara reports net profit, crosses $1 billion revenue mark in FY23

Vistara, a joint venture of Tata Sons and Singapore Airlines, has reported a net profit (excluding …

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1 min read

Singapore Airlines gives staff bonus of 8 months' salary after record results and pandemic sacrifices

Singapore Airlines recorded $1.6 billion in profits in the last year, the highest in its 76-year hi…

Pete Syme   


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6 mins read

Tata's mega aviation merger is poised for flight, but the skies are not clear yet

It’s been less than a decade since the Tatas re-entered the aviation sector – via joint ventu…