The losses Air India is incurring are hurting Singapore Airlines‘ financial fortunes for the six months ending September this year. The Singapore-based flag carrier has a 25.1 percent stake in Air India. The SIA Group began equity accounting for Air…
Delhi-based low-cost airline, SpiceJet, has reported a net loss of Rs 4.47 billion (before adjusting for foreign exchange fluctuations) for the second quarter ended September 30 this year, as compared to a net loss of Rs 4.24 billion in Q2…
The Delhi-based low-cost airline, IndiGo, is seeing fluctuations in the Indian Rupee against foreign currencies, hitting its financials hard. IndiGo reported a net loss of Rs 25.82 billion on account of the impact of currency movements on dollar-denominated future obligations…
Air India, the former state-owned Indian carrier now owned by the Indian conglomerate Tata, is reportedly in talks to add more aircraft from both Airbus and Boeing, according to Reuters, a global news agency. The airline plans to purchase up…
The Airbus board, the European aircraft manufacturer, met in Delhi. This is the first time in six decades that the Board met in India. The Civil Aviation Minister, Mr. Kinjarapu Rammohan Naidu, took to X to announce that he and…
Delhi-based low-cost airline, IndiGo, is further expanding its international footprint. On Monday, the airline announced that it will start three times a week services from both Delhi and Mumbai to Athens. Why is it a significant development? This is a…