Topic
airlines
Logistics New IATA Airway Bill Rules Shift Liability Risk to Freight Forwarders
Effective July 1, IATA's revised direct airway bill framework shifts liability for misdeclared goods, concealed dangerous goods, and unsafe packaging from shippers to freight forwarders. Logistics providers and trade associations warn of increased risk exposure, citing a rushed process and inconsistent airline-specific regimes.
Technology IndiGo Trials AI-Powered OptiClimb by SITA to Cut Fuel Burn During Take-Offs
IndiGo begins trials of SITA's AI-powered OptiClimb solution to reduce fuel consumption during the climb phase. The airline aims to save 60-65 kg per takeoff, with potential daily savings of tens of tonnes across its 2,000-odd flights. The trial runs on its Airbus fleet starting Thursday.
Logistics Airfares Could Rise Up to 25% as Jet Fuel Costs Surge, McKinsey Warns
A McKinsey report warns that jet fuel costs could surge due to geopolitical disruptions and refinery constraints, potentially raising airfares by 20-25%. The jet fuel crack spread may average over $50 per barrel in 2026, up from historical levels of $20 or less. Supply constraints are emerging from major exporters in the Gulf and Asia, with countries like China, India and South Korea restricting fuel exports.
Logistics Shipowners and Airlines Urge EU to Use ETS Revenues for Green Fuel Transition
European shipowners and airlines jointly called on the EU to channel Emissions Trading System (ETS) revenues back into shipping and aviation for green fuels and technologies. Shipping contributes around €9bn and airlines €2.3bn annually, but the funds are not being reinvested, risking decarbonisation efforts. Europe lags Asia in fuel production capacity.
Logistics Middle East Conflict to Cut Airline Profits 10-15% This Fiscal as ATF Costs, Rupee Pressure Bite: Report
A Crisil report warns that Indian airlines' operating profits could drop 10-15% this fiscal year, driven by elevated aviation turbine fuel prices, airspace restrictions, and rupee depreciation stemming from the Middle East conflict. ATF prices remain 50% above pre-conflict levels, and lease costs are rising. The report highlights ongoing pressure despite a government cap on domestic ATF hikes.
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.