US Agency Air Sales Hit Record $9.8B in August
ARC reports US agency air sales hit a record $9.8 billion in August 2026, up 19%, but trips grew just 5% while average fares jumped 17% to $...
Business & Markets — News & Analysis
The money side of travel: quarterly earnings, market data, deals, distribution and corporate strategy across airlines, hotel groups, cruise lines, online travel agencies and travel technology companies.
Air India Express Merger Weighed in Cost-Cutting Review
Incoming CEO Tewolde Gebremariam is weighing folding Air India Express into the parent airline to cut duplicated costs after a Rs 22,000 cro...
US Airlines Block Air China Extra Flights Bid
American, Delta and United persuaded the DOT to deny Air China's extra Washington and New York flights, escalating the fight over Russian ai...
Fernandes: AirAsia needs no bailout as fuel bites
Tony Fernandes says AirAsia is sustainable with RM1bn-plus cash and needs no bailout, as a RM830.5m Q2 loss, $183 fuel and 20-25% capacity c...
Air India FY26 Loss Doubles to Rs 22,238 Crore
Air India's FY26 consolidated loss doubled to Rs 22,238 crore on falling income and forex losses. Tata approved Rs 10,000 crore more as Tewo...
US sanctions on Iranian airlines: India flight impact
The US sanctioned all 27 remaining Iranian airlines on Sept 8 and suspended Iran overflight permissions. No Indian carrier is named, but Gul...
Afcom Signs LOI for Four Boeing 777-8 Freighters
Chennai's Afcom Holdings signed an LOI for up to four Boeing 777-8 freighters, a first for India. Fleet plan, Rs 392M quarterly profit, and...
GE Aerospace Buys CPP in $11.75B Castings Deal
GE Aerospace will buy castings maker CPP for $11.75B to secure engine-output capacity. Deal terms, CPP profile, closing timeline and why it...
