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These two airlines are named by Fortune as the World’s Most Admired Airline

These are the 10 Best Low-Cost Airlines in Asia 2023

According to Fortune, Delta is the most admired airline in the world, and it leads the industry in terms of qualities like innovation and human resource management. On the overall list of the Most Admired Companies, Delta ranked higher than any other airline, moving up to No. 12 this year.

Delta ranked 6th best employer in the world by Forbes(Opens in a new browser tab)

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The World’s Most Admired® Companies list for 2023 also includes Southwest Airlines Co. The carrier moved up from FORTUNE’s 2022 list to be placed No. 23 overall and No. 3 in the airline industry. Since 2009, Southwest® has regularly appeared on the list of the world’s most admired companies.

World’s Best First Class Airlines 2022(Opens in a new browser tab)

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Fortune collaborated with Korn Ferry on this survey of corporate reputation. The survey began with a universe of about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in the Fortune Global 500 database that have revenues of $10 billion or more. That assortment was winnowed to the highest-revenue companies in each industry, a total of 645 in 27 countries. The top-rated companies were picked from that pool of 645; the executives who voted work at the companies in that group.

To determine the best-regarded companies in 52 industries, Korn Ferry asked executives, directors and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed.

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He is an aviation journalist and the founder of Jetline Marvel. Dawal gained a comprehensive understanding of the commercial aviation industry.  He has worked in a range of roles for more than 9 years in the aviation and aerospace industry. He has written more than 1700 articles in the aerospace industry. When he was 19 years old, he received a national award for his general innovations and holds the patent. He completed two postgraduate degrees simultaneously, one in Aerospace and the other in Management. Additionally, he authored nearly six textbooks on aviation and aerospace tailored for students in various educational institutions. jetlinem4(at)gmail.com

Airlines

Riyadh Air Initiates Talks with Airbus and Boeing for New order

Riyadh Air Initiates Talks with Airbus and Boeing for New order
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Riyadh Air, Saudi Arabia’s emerging second flag carrier, is poised for a significant expansion as it sets its sights on bolstering its fleet to commence operations by the summer of 2025.

Reports indicate that the airline is currently engaged in advanced discussions with aerospace giants Boeing and Airbus to finalize a substantial order of wide-body aircraft, marking a crucial step in its journey towards becoming a prominent player in the aviation industry.

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CEO Tony Douglas revealed that Riyadh Air is on the verge of clinching a deal for additional narrow-body aircraft, with an announcement expected in the near future. This move underscores the airline’s strategic commitment to fortify its fleet capacity in preparation for an ambitious network expansion.

The imminent narrow-body order complements Riyadh Air’s recently completed acquisition of narrow-body jets, the details of which are set to be disclosed in the coming months. Riyadh Air’s expansion strategy aligns seamlessly with Saudi Arabia’s Vision 2030 initiative, aimed at revitalizing the nation’s aviation sector and fostering increased international tourism.

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With plans to connect the capital city with over 100 destinations by the end of the decade, Riyadh Air envisions rapid growth, targeting a fleet of more than 200 aircraft within the initial five years of operation.

Notably, Riyadh Air’s endeavors come under the auspices of Saudi Arabia’s Public Investment Fund, signaling strong government support for the airline’s ambitions. However, amidst the backdrop of robust demand for aircraft and supply chain challenges plaguing both Airbus and Boeing.

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Douglas emphasized the imperative of timely jet deliveries to ensure Riyadh Air’s successful debut in the competitive aviation landscape. Both Airbus and Boeing find themselves grappling with production constraints amid burgeoning demand, underscoring the urgency for Riyadh Air to secure its fleet on schedule.

As the airline prepares to take flight, these negotiations epitomize Riyadh Air’s determination to surmount industry challenges and carve out a prominent presence in the global aviation arena.

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Qantas Grapples with $66 Million Fine After “Ghost Flights” Scandal

Qantas Grapples with $66 Million Fine After "Ghost Flights" Scandal

Qantas, the renowned Australian airline, finds itself in the midst of a significant controversy, agreeing to pay a hefty $66 million fine in the aftermath of what has been dubbed the “ghost flights” scandal.

The scandal revolves around accusations that Qantas continued to sell seats on flights that had long been cancelled, leaving passengers in the lurch. Australia’s competition watchdog revealed that Qantas had confessed to misleading consumers by advertising seats on tens of thousands of flights, despite the fact that these flights had been cancelled.

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This compensation scheme will see domestic customers receiving $225 and international customers receiving $450. Qantas emphasized that this compensation is in addition to any refunds or alternative flight arrangements that may have already been offered to impacted passengers.

Affected customers will be notified via email starting next month, outlining the process for lodging a claim. Further details can be found at www.qantasremediation.deloitte.com.au. Vanessa Hudson, Qantas’ chief executive, expressed regret over the airline’s failure to meet its own standards and acknowledged the disappointment experienced by customers.

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As part of the agreement, Qantas has pledged not to engage in similar conduct in the future. Additionally, the airline has committed to promptly informing customers of cancelled flights, ensuring that notifications are issued within 48 hours of the decision to cancel. Furthermore, Qantas will cease selling tickets for such journeys within 24 hours of cancellation.

This commitment extends to Qantas subsidiary Jetstar as well. The Australian Competition and Consumer Commission (ACCC) and Qantas will seek approval of the proposed penalty from the Federal Court. However, Qantas intends to initiate the remediation process before the court approval is obtained, signaling a proactive approach to addressing the fallout from the scandal.

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Air India Resumes Non-Stop Delhi-Zurich Route After 25 Years

Air India Resumes Non-Stop Delhi-Zurich Route After 25 Years

After a prolonged absence, Air India is set to make a comeback at Zurich Airport with the launch of its non-stop service between Delhi and Zurich.

This move not only marks the airline’s reentry into Switzerland but also expands its presence in mainland Europe to seven cities, reaffirming its commitment to global connectivity. According to an official press release, Air India will deploy its two-class configured Boeing 787 Dreamliner aircraft for the Delhi-Zurich route.

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Operating four times a week on Mondays, Wednesdays, Fridays, and Sundays, the flights aim to cater to both business and leisure travelers. The modern Boeing 787-8, equipped with 256 seats, promises a comfortable and efficient travel experience for passengers.

Flight schedules have been strategically designed to accommodate diverse travel needs. Departing from Zurich at 8:50 pm, the aircraft arrives in New Delhi at 08:05 am the following day, facilitating convenient connections for travelers. Conversely, flights depart from New Delhi at 2:05 pm, landing in Zurich at 7:15 pm, offering seamless travel options for both inbound and outbound passengers.

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Air India’s return to Zurich comes after a hiatus of nearly three decades since its last scheduled services to the Swiss city in 1997. Campbell Wilson, Chief Executive Officer and Managing Director of Air India, expressed enthusiasm about the new route, highlighting its significance in strengthening bilateral ties between India and Switzerland.

Wilson emphasized the robust economic relationship between the two countries, with numerous Swiss companies operating in India, Indian companies in Switzerland, and a thriving Indian diaspora.

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It’s worth noting that Air India‘s entry into Switzerland complements the existing connectivity provided by Swiss International Air Lines (SWISS), the home carrier, and Star Alliance partner. SWISS already offers daily flights connecting New Delhi with Zurich, further enhancing travel options between the two nations.

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