Willie Walsh (businessman)

Walsh's move to IndiGo also marks the end of his tenure at the International Air Transport Association (IATA), where he served as Director General before stepping down this year

Last week, Air China, its subsidiary Shenzhen Airlines, alongside Hainan Airlines, announced agreements to purchase a combined 95 Airbus aircraft with a catalog value of about $17.8 billion, adding to a series of large Airbus orders by Chinese carriers earlier this year

The agreement, if signed as planned, could provide relief for Emirates, flydubai, Etihad Airways and Air Arabia, which have faced weeks of operational disruption caused by regional tensions, airspace restrictions and weaker demand

Toward the end of the assembly in Rio de Janeiro, news broke that Iran and Israel traded strikes for the first time since a ceasefire went into effect in April

Toward the end of the assembly in Rio de Janeiro, news broke that Iran and Israel traded strikes for the first time since a ceasefire went into effect in April

Emirates is poised to roll out a new incentive programme designed to reassure customers concerned by the ongoing Middle East conflict, focusing squarely on safety and reliable travel connections rather than offering lower fares

Middle East conflict drives oil spike, forcing fare hikes and flight cuts

That means carriers have to take engines out of their planes for maintenance sooner than they expected, which is eating into the cost-savings they were supposed to get from new engines

The decision follows a dispute over increased airport charges imposed by operator Fraport Greece

The June 6-8 annual meeting of the International Air Transport Association (IATA) comes ‌as that fuel shock collides with another problem airlines cannot quickly fix: a shortage of new aircraft

The massive spike in operational costs is being passed directly onto the consumer

Efforts to finalise the agreement have faced repeated setbacks in recent weeks as both sides accused each other of delaying talks and misrepresenting draft terms

Although some airlines have cut their European fares recently because of a lack of demand, Willie Walsh said there was no way airlines could absorb the extra costs over time

Several airlines, including Germany’s Lufthansa, have already slashed schedules in a bid to save fuel, with at least 13,000 flights cancelled globally this month alone — representing around two million fewer seats

Airlines were able to do this by increasing seat occupancy by 3.1 points to 83.6 percent

Global jet fuel prices have surged in recent weeks after disruptions to oil supply routes, as industry data from the International Air Transport Association (IATA) showed jet fuel prices have risen from around 85-90 U.S. dollars per barrel before the conflict to 150-200 dollars in recent weeks

Crisis seen as biggest for aviation since COVID-19 pandemic

It reiterated calls to allow the system to be suspended at any point should long queues develop

It might be hard to imagine the Iran war weighing on stuffed toys with names like Snuggle Glove, Bizzikins and Wobblies, but even plush playthings are not immune when oil shipments from the Middle East are constrained

Jet2, easyJet and Ryanair are among airlines warning passengers of potential disruption within the next 48 hours as concern grows over a possible jet fuel crisis linked to escalating geopolitical tensions in the Middle East

UK airlines call for emergency jet fuel plan to avert summer chaos

The Iran war has thrown the summer travel season into uncertainty, with jet fuel supplies disrupted by the closure of the Strait of Hormuz and airlines privately warning the government that cuts to flights and fare hikes may be unavoidable if the situation does not improve

Strong demand, fuel spike and fewer flights push ticket prices sharply higher

Donald Trump this week announced a ceasefire, but Brent crude oil prices remained at about $96 per barrel on Friday amid concerns over whether it would hold

Iran had halted access to the waterway, which is one of the world's busiest shipping lanes, after it was attacked by the US and Israel on February 28

Walsh described the country's fleet of 50 widebody aircraft as a "scandal" given its size and growth potential

But the strait has been largely impassable since the outbreak of the Iran war on Feb 28

Sundar Pichai at Alphabet, Satya Nadella at Microsoft, Arvind Krishna at IBM, Leena Nair at Chanel and Ajay Banga at the World Bank are high-profile cases of Indian talent running the world’s biggest companies

After delaying the purchase to handle other expenses, they checked again recently and found prices ranging from $1,800 to $2,500

Prices have surged sharply across Europe, with gas up around 70% and oil 60%, as global markets face growing pressure

InterGlobe Aviation has appointed William Walsh as CEO, subject to regulatory approval, with his joining expected by August 3, 2026

Geopolitics and reliance on Western parts could slow China’s aircraft push beyond Asia

Planemakers Airbus and Boeing have faced supply chain problems since the Covid-19 pandemic, while engine makers like GE Aerospace and Pratt and Whitney are having to juggle competing demands from new plane assembly and maintenance

The return flight cost £50.85 — a bargain — but Ryanair would only allow a small underseat handbag

This marks a modest improvement from last year, when India stood at 85th position