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Air India is set to report a record annual loss of at least ₹15,000 crore for FY26, reversing its recovery momentum under the Tata Group. A deadly Dreamliner crash, Pakistan’s airspace closure forcing costly longer routes, and rising operational disruptions wiped out progress toward profitability. The setback comes after Air India was nearing operational break-even, highlighting the mounting chall
Air India, IndiGo, and SpiceJet reported disruptions to international flights due to Iran’s sudden airspace closure amid protests against Supreme Leader Ayatollah Khamenei and escalating tensions with the United States.
Following IndiGo’s massive December 2025 operational crisis cancelling over 5,000 flights and stranding thousands, India’s civil aviation ministry approved two new carriers—Al Hind Air and FlyExpress—with NOCs, while Shankh Air prepares 2026 launch. Minister Naidu emphasized boosting competition and regional connectivity via UDAN scheme supporting smaller operators.
Apple introduced its slimmest iPhone to date, the iPhone Air, in September, featuring a 5.6mm thin grade 5 titanium frame, an Action button, and a high-gloss mirror finish. The device originally starts at Rs 1,19,900. During its annual Black Friday Sale in India, electronics retailer Croma is offering a discount of Rs 11,000, reducing the effective price to Rs 1,08,900.
