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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
2 mins read
Indian aviation sector now down to just a single full-service carrier, ahead of Vistara's merger with Air India
India's aviation sector is about to undergo a major change. Vistara is merging with Air India. This…
2 mins read
Spirit is struggling to survive. Bankruptcy will likely mean other airlines raise their prices.
Spirit Airlines is reportedly considering bankruptcy protection. That's likely to mean flying fewer…
Pete Syme
1 min read
SpiceJet’s Ajay Singh might sell stake to raise funds for airline
SpiceJet's Chairman Ajay Singh is considering selling over 10 percent of his stake to raise funds b…
2 mins read
Airline systems across airports working normally, informs civil aviation minister
On Friday, in one of the biggest-ever IT outages, an update of a product offered by global cybersec…
PTI
4 mins read
JetBlue founder and low-cost airline veteran explains how struggling airlines need to adapt to survive right now
Low-cost guru David Neeleman, who has founded five budget carriers since 1984, told BI some airline…
Taylor Rains
2 mins read
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
3 mins read
China renamed its homegrown regional airliner to better sell it abroad. Here's how it compares to its closest rival.
The C909 has been compared to planes like the Boeing 717 and the McDonnell Douglas MD-80, but its c…
Taylor Rains
2 mins read
Air France-KLM says people avoided Paris during the Olympic Games — and that was bad news for the airline group
Air France-KLM posted disappointing earnings and attributed the decline to reduced travel to and fr…
Pete Syme
2 mins read
2 major airline CEOs have issued a clear message to Boeing in the past week: Do better
Southwest CEO Bob Jordan said it's been years since Boeing plane deliveries went as expected, and t…
Kelsey Vlamis,Aditi Bharade
2 mins read
One of the world's best airlines is adding a flyer-favorite feature to its business class as premium competition heats up
Singapore's said its new premium seats will mirror what customers can expect on its highly-anticipa…
Taylor Rains
4 mins read
Airlines got too confident, and now they are paying the price despite record-breaking travel
Airlines added too much capacity amid confidence in soaring demand. Boeing, high costs, and fewer h…
Taylor Rains
2 mins read
Stock market today: Indexes gain after strong retail sales data
Stocks rose Thursday as investors digested strong retail sales data for September. Upbeat earnings …
Kelly Cloonan
3 mins read
IndiGo stock to soar on a cosy duopoly and an expanding market, say brokerages
IndiGo belongs to a rare club of stocks that has slowly yet steadily risen even in a market where i…
4 mins read
Market-making giant Citadel Securities is rebuilding the tech that powers its trades as it eyes growth
Two of Citadel Securities' top technology execs explain how the market maker is revamping its core …
Bianca Chan
5 mins read
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
1 min read
SpiceJet board okays Rs 2,250 crore capital infusion
The Board of Directors of SpiceJet approved the raising of fresh capital of over Rs 2,250 crore thr…
3 mins read
Turkish Airlines offered to charge Eric Adams $50 for two business-class seats worth $15,000, prosecutors say
New York City Mayor Eric Adams accepted numerous lavish travel gifts from the Turkish government, f…
Jacob Shamsian
2 mins read
Spirit Airlines is making big changes to how it sells tickets
Spirit Airlines announced a complete overhaul of its ticket offerings and added priority check-in a…
Benjamin Zhang
5 mins read
Pricing is really weird lately
Wildly varying prices are coming to everyday items — and it's driving Americans crazy.