Topic
airlines
Business India aviation ministry launches study to strengthen financially troubled airlines
India's Union aviation ministry has initiated a study on financially stressed airlines to assess structural challenges and identify measures to improve sector resilience. The move, spurred by the ongoing West Asia crisis, seeks stakeholder input on policy, regulatory, and operational reforms. Airlines recommend bringing aviation turbine fuel under GST, revising airport charges, and implementing price surveillance on monopoly routes.
Logistics Air Freight Costs Rise as ATF Prices Increase by 10%
Air freight costs are expected to rise following a 10% increase in aviation turbine fuel (ATF) prices by oil marketing companies. The new price-stabilisation regime will freeze ATF prices at Rs 115 per litre for three years, affecting domestic and international flights of Indian carriers.
Logistics Airlines' Profits Plummet Amid Fuel Price Surge
Airlines are experiencing a significant profit downturn in 2026, with earnings nearly halved due to rising fuel costs and Middle East airspace disruptions. Despite strong passenger demand, operational costs are soaring.
Logistics Sustainable Aviation Fuel Faces Production Challenges
Sustainable aviation fuel (SAF) is projected to account for only 0.8% of total aviation fuel use by 2026, posing a significant challenge to the airline industry's net-zero goals, according to IATA. The organization highlights the need for increased investment and policy support to boost SAF production.
Trade ATF Price Fund to Stabilize Airline Costs Amid US-Iran Conflict
The Indian government has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilization Fund to mitigate the impact of rising fuel costs on airlines due to the US-Iran conflict. This fund aims to stabilize ATF prices and protect the aviation sector.
Logistics GlobalX Airlines Faces Cargo Disruption Amid Shareholder Dispute
GlobalX Airlines accuses Ascent Global Logistics of breaching a cargo brokerage agreement, impacting its air freight operations. The dispute centers on Ascent's alleged preferential treatment of its subsidiary, USA Jet Airlines.
Logistics Cathay Pacific, Air China Expand Airbus A350 Freighter Orders
Cathay Pacific and Air China Cargo have expanded their orders for Airbus A350 freighters, enhancing their long-haul cargo capacity. This move is set to influence air freight dynamics, with potential impacts on capacity and emissions.