Air Asia announced it is selling most of its stake in its Indian subsidiary, Air Asia India. The decision comes due to the airline’s need to focus on recovering in its key markets across Southeast Asia, as reported by Reuters. The budget airline group is selling its stake to Tata Sons, which is already the majority shareholder in the Indian carrier. Tata Sons is the holding company of Tata Group, which in itself encompasses more than 100 companies including Tata…
On Monday, the Times of India reported that the recently-defunct Jet Airways will be relaunching all of its domestic routes by Summer 2021. The carrier ceased operations due to insolvency in April 2019 but was granted a lifeline when a consortium of businessman including Murari Lal Jalan and London’s Kalrock…
On Monday, SpiceJet announced that it will begin flights between India and the United Kingdom on Dec. 4, making it the first low-cost carrier to offer the service under the current air bubble agreement. The airline says it will be flying three times a week to London Heathrow – twice…
For the past few years, there was a lot of talk by U.S. carriers that the three large Middle Eastern airlines had an unfair advantage in the global market due to government subsidizes they were receiving. Outside of complaints about fifth freedom flights one major complaint was that Middle Eastern…
While airlines brace for the possibility of upcoming layoffs, United Airlines has once again unveiled a list of new routes set to begin in the coming months. The carrier is well-known for engaging the public when it comes to its route announcements, from crossword puzzles with city names to short…
United Airlines has become the latest airline to announce mass layoffs as it suffers from major financial losses due to the COVID-19 pandemic. While the airline has received payroll support from the CARES Act, the funding expires on Sept. 30, unless Congress can pass a second support bill. In July,…
Even in the midst of the COVID-19 pandemic, Vistara is continuing to develop itself and further establish as a premium full-service carrier in India. The airline is just over five years old and is operated as a joint venture between Singapore Airlines and Tata Sons, a large Indian conglomerate. Primarily…
India has signed bilateral flight agreements with the U.S. and France, under which airlines of each country will be allowed to operate international flights to and from India starting on Friday. “Air bubble arrangements with the U.S., the [United Arab Emirates], France & Germany are being put in place" by…
A month after resuming domestic travel, the Indian government expects that domestic travel numbers will reach 150,000 daily travelers before mid-July and believes traffic may reach full capacity by the end of 2020. “We started with 30,000 passengers on May 25 and since then have had a maximum of 72,000…
Brazilian planemaker Embraer confirmed Monday that it has entered talks with at least two potential new partners after its previous deal with American manufacturing giant Boeing fell through. Embraer CEO Francisco Gomes Neto said that his company is negotiating with companies in China, India and “others.” The Chinese state-owned manufacturer…
