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CASK AND RASK
Air India CEO targets lower costs, higher passenger yields to steer airline towards profitabilityAir India CEO Tewolde Gebremariam said the airline is working to reduce operating costs and improve passenger yields as it pursues a financ...- IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%IndiGo Q2 Results: Budget airline IndiGo reported narrowing of its consolidated loss to Rs 1,879 crore in the second quarter of FY27, compa...
- IndiGo shares rise 2% after India’s largest airline hikes excess baggage and priority service pricesInterGlobe Aviation, IndiGo’s operator, raised charges for domestic ancillary services, including infant travel, excess baggage and priorit...
- IndiGo Q2 Results: Airline back in red, posts loss of Rs 2,582 crore on currency depreciationIndiGo Q2 Results: Aviation major IndiGo slipped into a loss of Rs 2,582 crore in the September quarter as against a profit of Rs 2,176 cro...
- IndiGo Q3 Preview: PAT may fall 25% YoY on AoG-related costsJM Financial expects IndiGo's margins to improve sequentially, supported by lower fuel prices and double-digit ASK growth per company guida...
- Akasa Air FY24 revenue soars 339%, losses up over two-foldAkasa Air saw a significant revenue increase to ₹3,069.6 crore in FY24, but losses also grew to ₹1,670.1 crore due to rapid expansion. Desp...
- IndiGo shares in focus ahead of Q2 results todayIndiGo Share Price: Shares of IndiGo will be in the spotlight as the airline reports its second quarter results today. Expectations range f...
- IndiGo Q2 results preview: Co may slip back in red; sales seen rising 5% YoYIndiGo, a major player in the aviation sector, is anticipated to report disappointing financial results for the second quarter ending Septe...
- Domestic air passenger traffic to grow 8-13 pc this fiscal: ReportIcra in its report has predicted that domestic air passenger traffic in India will grow by 8-13% in the current fiscal year. The aviation i...
- Indian airlines expected to report net loss of Rs 5,000-7,000 crore in FY24: ICRAThe airlines have improved the cost of available seat kilometre to the cost of available seat kilometre (RASK-CASK) spread through better p...
- Stock Radar: Reserve your window seat! Allocate 50% funds in this airline stock now & balance on dipsInvestors can look to buy the stock now at around Rs 2,000 or on dips for a long-term target of Rs 2,500 which will result in a fresh 52-we...
- Higher ATF prices, weaker Rupee to drag aviation sector profitability despite strong faresAn increase in jet fuel price raises the operating cost for airlines. ATF makes up to 40 per cent of an airline's operating cost. As per re...
- Looking forward to Indian carriers purchasing many more wide-bodied aircraft: ScindiaThe Centre is looking forward to Indian airlines purchasing and leasing many more wide-bodied aircraft once the Indian aviation sector recu...
- Q4 earnings preview: Airlines set to hit air pocket on travel ban, forex lossesCentrum Broking expects IndiGo to report Rs 1,750 crore loss for the quarter.
- When comparing businesses to invest in, use sectoral metricsCompanies belonging to certain sectors can be analysed on operational parameters specific to the sectors. These metrics can be used by inve...
- IndiGo gains 3% after Morgan Stanley upgrades stockAccording to Morgan Stanley, earnings trough is behind, valuation is attractive, and competitive position of IndiGo has strengthened in thi...
- Jet unveils turnaround plan amid second straight quarterly lossJet also claimed it would reduce maintenance, selling and distribution and finance costs resulting in an expense reduction of Rs 2,000 cror...
- IndiGo may junk sale-and-leaseback model, opt for outright buysThe adoption of the new model, according to senior executives at the country’s largest carrier, would help IndiGo lower overall costs of fl...
- Higher yields, capacity boost IndiGo, net soars 37 per cent to Rs 811 croreA 5.5% improvement in RASK, coupled with a strong 25.4% growth in RPK , pushed up net sales 25.65 to Rs 5,955 crore, helping the largest ai...
- Airlines’ revenues suffer as discounts soarCut-throat airfare wars and heavy discounts may be good news for customers, but it is hitting bottom lines and all but negating the positiv...
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