Topic
airline
Finance SpiceJet's cash crunch deepens: pilots unpaid since March, airline seeks emergency loan
SpiceJet pilots and employees have not received salaries since March, according to internal messages reviewed by Reuters. The airline is seeking an emergency loan under India's Emergency Credit Line Guarantee Scheme to stabilise operations, while citing the Middle East crisis as a factor affecting cash flows and fuel costs.
Business Ryanair Investigated by UK CMA Over Parent-Child Seating Fees
The UK's Competition and Markets Authority (CMA) has launched an investigation into Ryanair over its practice of charging parents a mandatory fee to sit next to their child on flights. The fee, typically £8 each way, is required by the airline's terms for children aged 2-11. The CMA is examining whether this charge violates consumer protection laws regarding safety and disability obligations.
Logistics FedEx Caribbean Service Faces Disruption Without FAA Waiver
FedEx partner Mountain Air Cargo's Caribbean service is at risk due to regulatory constraints. The airline seeks an FAA waiver to continue operations with larger aircraft.