Air India CEO Campbell Wilson stated on Thursday that the next Air India CEO will have "a lot on their plate" as they deal with the fallout of the Iran War, a ban to use the?airspace of Pakistan and a strong dollar. Wilson announced that he will be leaving in two months. Wilson said at a New York luncheon event that the next four years will be challenging, but in a new way. "The person who takes over will be busy, but I want to ensure that the right person has been put in place to continue this." has reported...

Air India CEO Campbell Wilson said on Thursday that his successor would have "hands-on" work, as the carrier deals with the fallout of the Iran War and the strong U.S. Dollar. Wilson, who announced his resignation from Air India last month, has said that he will be leaving the company in two or three months. Wilson said that the next four years will be "just as challenging, but in a slightly different way" at a luncheon event in New York. "The person who takes over the role will have a lot on their plate, but I want to make sure...

The State Department announced Thursday that as Ebola cases increase in the Democratic Republic of the Congo (DRC), Uganda, and South Sudan, Americans who visited these countries within the past three weeks should only return to the United States via Washington Dulles, for enhanced screening. In response to the Ebola epidemic, Customs and Border Protection and the U.S. Centers for Disease Control and Prevention are implementing enhanced public health screenings at Dulles. CBP reported that an Air France flight on Wednesday from Paris to Detroit was diverted to Montreal because a passenger "in mistake" from the DRC boarded. Marco Rubio,...

EasyJet, a British budget airline, reported a loss of £552 million ($741.39 millions) in the first half on Thursday. However the outlook for the full year remains uncertain due to the Iran War driving up fuel prices and bookings slipping during the summer peak season. The warning comes at a time when the Iran conflict is continuing to "disrupt" global aviation. Jet fuel prices have risen by more than 80% in the last few months, forcing airlines to raise fares or cut capacity, and even absorb margin pressure, as flow through the Strait of Hormuz has been constrained. In recent...

The 'Iran War' has continued to impact?jet fuel prices and consumer bookings as we head into the crucial summer season. The war has impacted the global aviation industry, forcing airlines to increase fares or reduce capacity, as well as causing jet fuel prices to rise by more than 80%. Easyjet's April-September bookings accounted for 77% of the total at this point in time, a year earlier. Easyjet's bookings for April-September were 77% sold at the same point last year....

Australia will introduce biofuel blend mandates in order to increase energy security and encourage 'local production,' a spokesperson for the government said. He added that the development of the policy was a top priority following the war with Iran, which threatened fuel imports. Australia is a major exporter of biofuels, such as canola and tallow. However, it imports most of its fuel. Since the Iran War began in late Feburary, many countries have sought to increase their biofuel production. This has resulted in a reduction of the hydrocarbons exported through the Strait of Hormuz. After the war, the front pages...

Gregor Stuart Hunter gives us a look at what the future holds for European and global markets. Samsung Electronics is still fighting over the issue of pay. The planned strike that was due to begin today has been averted at the 11th hour by a deal reached between the company and its union last night. However, a group of disgruntled investors have threatened to ruin the entire thing. The details of the deal, which includes bonuses of about $416,000 for certain staff, paid mostly in stock, have attracted attention. Investors have largely ignored the drama and are bidding up Samsung...

Middle Eastern carriers increased capacity following the Iran War, and airlines outside the Gulf have rerouted flights between Europe & Asia away from major hubs within the region. The following is a list of the latest flights in alphabetical order. AEGEAN AIRLINES On May 21, Greece's largest airline will resume flights from Heraklion to Tel Aviv. Thessaloniki-Tel Aviv flights are cancelled up until June 26. Flights to Riyadh, Amman and Erbil will resume on May 21. The airline has cancelled flights to Dubai until June 29 and Erbil and Baghdad until July 2. AEROFLOT The Russian flag carrier announced that...

A sinkhole forced the closure of one of the runways at New York’s LaGuardia Airport on Wednesday, causing cancellations and delays. Emergency repairs are also ongoing. Port Authority of New York and New Jersey, the airport management agency for New York City, announced at 11:15 a.m. The?airfield at LaGuardia was being inspected by officials every morning when they discovered a sinkhole. The authority warned that "travelers can expect delays and cancellations today, especially with the forecasted thunderstorms." The Federal Aviation Administration has announced that it is slowing down flights to LaGuardia Airport due to the weather and sinkhole. FlightAware is...

Airbus informed some customers of further delays in delivering the?A350 later this decade. This has raised new concerns about shipments coming from a US-based company. Three industry sources confirmed that Airbus recently acquired a parts factory in the United States. Sources said that the delays are mainly due to ongoing difficulties in securing crucial fuselage parts at the former Spirit AeroSystems facility in Kinston, North Carolina. Airbus also said that the cargo doors for the A350 Freighter, which were built in Spain, are also experiencing some problems. Airbus has said that it never makes comments about delivery dates. A spokesperson...

The UK announced on Wednesday that it would continue to allow the importation of jet fuel and diesel refined from Russian crude into third-country countries. This ban was first announced in October to help the country deal with the supply problems caused by the Iran War. The decision was criticized by lawmakers in Britain and Ukraine, who claimed that the government had backed down on its promises to stop Moscow from profiting off oil production and using it to fund their war against Ukraine. The Prime Minister Keir starmer said that the measures are part of a larger sanctions package...

Southwest Airlines will hire 1,000 people at its newly opened global capability center in India over the next several years, as it builds a hub outside headquarters to build tech capabilities. Southwest Airlines Vice President and Global Director of Innovation (India), Krishna Kallepalli said in an interview that the airline has already hired over a dozen people and plans to increase this number to 200 in the near future. He said that the new office wasn't intended to function as a "traditional back-office hub". He said: "We don't just want to do a shift and lift?and create another office." "We're...