Frustrated investors left empty-handed in IndiGo block trade
Investors who attempted to participate in last week’s 20.5 billion-rupee ($258 million) share sale in India’s largest airline IndiGo were left empty-handed due to a…
Reliable Robotics and Astral Aviation Collaborate
Reliable Robotics and Kenya-based airline Astral Aviation announced a strategic collaboration with the goal of enhancing aviation safety and increasing air cargo connectivity in sub-Saharan…
Etihad Continues to Invest in the US Market
Increased market performance and record demand lead Etihad to increase flight routes between New York and Abu Dhabi starting in November
World’s top airline shares are in Asia despite China lockdowns
Asian airline stocks are by far the best performers among global peers this year, racking up gains as most of the region reopens for travel…
Travel demand is soaring even as summer comes to an end, United Airlines says
United Airlines Holdings Inc. raised its outlook for third-quarter sales and said it may fly slightly more than previously planned, boosting shares across the industry…
FAA tightens Boeing design oversight after 737 Max crashes
Employees at Boeing Co. and other manufacturers will be given new protections against company interference as federal regulators continue to tighten oversight of aircraft development…
Germany’s richest man looking to buy more Lufthansa shares
Germany’s richest man wants to buy more Deutsche Lufthansa AG shares after investing a chunk of a fortune made in logistics into Europe’s biggest airline.
Gangwal family seeks $250 million from share sale in Indigo
Rakesh Gangwal, the billionaire co-founder of India’s largest airline by market value, has offered to sell part of his family’s stake in IndiGo for around…
Bankruptcy risk seen higher for Europe’s airlines this winter
Europe’s weaker airlines face a heightened risk of collapse this winter as nations that rescued carriers during the Covid crisis focus support elsewhere amid rising…
Lufthansa averts pilots strike after last-minute pay raise offer
Deutsche Lufthansa AG averted a disruptive pilot strike after raising its pay offer, a move that will avoid cancellations while complicating the airline’s efforts to…
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