United Airlines and the labor union both agreed on a 30% wage hike that will envelop the next five years. The agreement will benefit about 30,000 union employees that includes airport workers.
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AirAsia India’s head Mittu Chandilya is confirmed to soon leave the airline. The decision emerged after he previously expressed disfavour on the micro-management practiced by the airline’s parent company in Malaysia. His successor is yet to be decided, but it’s likely to be an executive from the parent airline.
Analysts are expecting some sell-off in the stock market today as investors are expected to be cautious after the Paris attack. However, the market seems to be resilient from the attack especially the French market as investors seem to refuse to panic despite the attack.
The disaster at budget airline Germanwings which killed 150 people will not harm the image of low-cost air travel in Europe, easyJet (EZJ.L) chief executive Carolyn McCall said on Tuesday.
Dubai's Emirates Airline [EMIRA.UL] expects lower oil prices to translate into fuel savings in the financial year ending this month but is braced for foreign exchange hits in markets such as Europe, India and Russia, its chief operating officer said.
JetBlue Airways announced Wednesday that it will charge certain customers for their first checked bag, yielding to pressure from analysts who criticized the airline for not adding fees in step with other carriers.
American Airlines Group (AAL.O), United Airlines (UAL.N) and other carriers reported strong third-quarter profits on Thursday, helped by falling fuel costs, and mostly shrugged off concerns that Ebola could affect their outlook.
Stocks on Wall Street tumbled in late selling on Monday as the technical picture soured for the S&P 500, while the U.S. dollar posted its worst day in a year after comments from Federal Reserve officials hinted at delays in expected interest rate hikes.
Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus.
JetBlue Airways (JBLU.O) on Thursday named Robin Hayes, its current president and a former British Airways executive, to succeed Dave Barger as chief executive, sending the airline's shares up in after-market trading.
The Indian government's guarantee for Air India was being awaited.
ICAO supported certification requirements now in place for new airlines for Indian air carrier applicants.
According to AirAsia CEO Tony Fernandes, the MoU signed by Tata and Singapore Airlines is a 'non-issue'.
The influx of major global airlines moved the Indian government to review its existing requirements for airlines to be allowed to fly international routes.
Tata Sons limits liability in airline joint venture.
