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US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
Brazilian aerospace giant Embraer makes strong pitch to win tender for Indian military's transport aircraftBrazilian aerospace firm Embraer is actively seeking to win a major Indian military transport aircraft tender. Their C-390 Millennium is th...
Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
SpiceJet to induct 3 Airbus A320s on damp lease, ungrounds Boeing 737 MAXSpiceJet is adding three Airbus A320 aircraft on a damp lease basis. These planes will join the fleet in July 2026. The airline has also br...
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
Boeing weighs 737 ramp-up to approach Airbus production targets, Air Current reportsBoeing is considering a significant increase in its 737 jet production. The company is exploring plans to boost output to approximately 70 ...
U.S Stock Market on Friday: S&P 500, Dow Jones, Nasdaq, Russell 2000 investors eye May jobs report. Check VIX volatility index, list of key Wall Street factorsU.S Stock Market investors will keep an eye on the latest jobs report. It will indicate the health of the economy amid fears of rising infl...
Tourists in Tokyo could now be fined for throwing trash on streetsTokyo's Shibuya Ward is now fining litterbugs ¥2,000 on the spot. Businesses must provide trash bins or face penalties. These measures aim ...
CrowdStrike reports higher operating expenses as AI investments gain paceCrowdStrike expects 2027 revenue to be between $5.91 billion and $5.96 billion, compared with its prior expectations of $5.87 billion to $...
SpaceX, the sprawling company targeting the stars, Mars and an IPOElon Musk founded SpaceX in 2002 with the lofty goal of ferrying humans to Mars and setting up colonies on the neighboring planet. Musk, th...
Applied Aerospace & Defense valued at $3.5 billion as shares rise in NYSE debutApplied Aerospace & Defense made its stock market debut on Wednesday. The company's shares opened higher than their offer price. This debut...
Realty firm Dalcore awards Rs 225 cr contract to BL Gupta Construction for Gurugram housing projectThe project, spread across nearly 2 acres, has 5 lakh sq ft of built-up area. It will have 96 apartments.
Generali Central Life Insurance aims to double business to Rs 2,000 cr in 3 yearsGenerali Central Life Insurance plans to double its business to Rs 2,000 crore in three years. The company will leverage its partnership wi...
EasyJet says possible US bid 'highly opportunistic' as shares jump 10%EasyJet responded on Monday by saying it has not held talks with Castlelake but it would assess any potential offer if one was made, noting...
Rolls-Royce eyes India engine MRO facility, explores aero gas turbine complex and SMR opportunitiesRolls-Royce plans to build an engine maintenance facility in India. The company also proposes an aero gas turbine complex for indigenous mi...
Blue Origin faces months of delays after rocket explosion damages launch padThe mishap, which occurred during a test fire of the engines for the New Glenn rocket's launch next week, comes at a critical time for Jeff...
Blue Origin faces months of delay after rocket explosion damages launch pad, puts launch schedule at riskBlue Origin's New Glenn rocket launch pad suffered extensive damage after an engine test fire explosion. This incident will cause a signifi...