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JET FUEL PRICES INCREASE
Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...
114 Rafale jet deal: France expected to respond to India's Letter of Request by mid-AugustFrance will submit its official response to India's Rafale jet request by mid-August. Negotiations on price and other aspects will follow t...
Rs 30,000 hike: Why Maruti Suzuki had to make cars costlier for youMaruti Suzuki said it was forced to raise car prices by up to ₹30,000 after the West Asia crisis pushed up input costs, despite delaying in...
Global Market: Stagflation fears return as Gulf conflict, higher energy prices cloud global outlookRenewed conflict in the Gulf has revived stagflation fears as oil prices near $100 a barrel, inflation risks resurface and markets price in...
IndiGo shares sink 3% after Rs 238 crore Q1 loss, but why are Citi and Nuvama raising target prices?InterGlobe Aviation (IndiGo) reported a Q1FY27 net loss of Rs 238 crore as soaring fuel costs pushed expenses ahead of revenue growth. Desp...
Cross-ownership could create conflict of interest, says IndiGo MD; airline posts Rs 382 crore Q1 loss despite 20% revenue growthIndiGo warns against airport operators owning airlines, citing a massive conflict of interest. The airline reported a significant quarterly...
Domestic air passenger traffic to rise by 3-6 pc in this fiscal: ICRAThe domestic air travel sector is projected to see a growth of three to six percent in the current fiscal year, while Indian airlines may e...
West Asia conflict: Indian airlines cancelled 26,000 international flights due to airspace curbs till July 20Indian airlines have cancelled approximately 26,000 international flights until July 20. The US-Iran conflict has caused significant airspa...
Top OMCs post losses with government weighing relief measuresState-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, an...
Domestic air traffic falls 12% to 1.35 crore in June on monthly basisDomestic air traffic saw a nearly twelve percent decline in June. IndiGo's market share increased to sixty-six point three percent from May...
Ethanol ATMs coming soon: The biofuel story is racing ahead of E20India's ethanol policy is entering a new phase as the government explores ethanol ATMs, ethanol cooking fuel, sustainable aviation fuel (SA...
As Russia deploys jet-powered Shaheds, companies turn to faster interceptor dronesUkrainian companies are developing faster interceptor drones to counter Russian jet-powered Shaheds. SkyFall unveiled its P1-SUN Jetkiller,...
Relieved that crude has finally fallen? The real warning signs just began flashing elsewhereAs the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politic...
Pakistan raises jet fuel price by PKR 40.35 per litre amid global oil market volatilityPakistan has increased jet fuel prices by PKR 40.35 per litre, reaching PKR 291.55. This follows a previous hike, bringing the total increa...
Pakistan to revise oil prices daily amid renewed West Asia tensionsPakistan fuel price: Pakistan will now adjust petroleum prices daily to manage oil price fluctuations. The government aims for greater tran...
Chinese airlines order 95 Airbus jets with list price of $17.8 billion to expand fleetsThree Chinese airlines are purchasing ninety-five Airbus aircraft valued at seventeen point eight billion dollars. Air China and Shenzhen A...
How Europe is keeping planes flying despite jet fuel risksEurope faces significant jet fuel supply risks due to Middle East tensions. The region imports heavily and has limited reserves for disrupt...