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GEOPOLITICAL IMPACT ON AIRLINES
Iran war, doubling fuel prices knock 66% off Emirates' first-half profitEmirates Group's first-half net profit plunged 66% to $1 billion as the Iran war disrupted flights across the Gulf and doubled jet fuel pri...
Cordelia Cruises targets top-five global cruise market status for India by 2032Cordelia Cruises intends to expand its fleet to enhance domestic cruise tourism and increase capacity. The company currently operates two s...
IndiGo posts Rs 1,879-crore loss as high fuel costs, geopolitical woes hit; capacity cuts & yield management offer only partial relief, says CEO Willie WalshIndiGo reported a net loss of Rs 1,879 crore in the September quarter as a sharp rise in jet fuel prices and foreign exchange costs offset ...
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...
Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
Global Market | European companies better positioned to withstand energy price shock than in 2022: AnalystsEuropean companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing ...
AI revenue should offset traditional services deflation: TCS CEO K KrithivasanDue to the continuing pressure on companies amid geopolitical strife, TCS is assuming client budgets will not rise. It is, however, banking...
Akasa Air announces new fuel surcharge amid rising ATF prices; check how much passengers will payStarting October 9, Akasa Air will implement a fuel surcharge on domestic flights, with charges between Rs 375 and Rs 1,150 based on distan...
Federation of Indian Airlines seeks review of existing ATF pricing formulaThe Federation of Indian Airlines highlighted the significant impact of rising jet fuel costs on airline operations. They emphasized that c...
India’s domestic air traffic falls 7.5% in August, worst among major marketsIndia's domestic air passenger traffic fell by 7.5% in August compared to the previous year. This drop marks the steepest decline among maj...
India Inc can weather 50 bps rate hike, El Nino impact: CrisilCrisil Ratings stated that India Inc will manage the expected 0.50 percentage point rate hike. The agency also indicated that rural demand ...
Global Market: European shares rise as oil prices ease; Middle East tensions keep investors cautiousEuropean shares rose on Friday as easing oil prices supported risk appetite, while investors remained cautious over Middle East tensions. T...
Global Market: European shares rise as oil slide boosts risk appetiteEuropean shares rose as technology stocks led gains and falling oil prices eased inflation concerns. The STOXX 600 advanced 0.56%, while in...
Air India's consolidated loss widens to Rs 22,238 crore in FY26Air India's consolidated loss widened to over Rs 22,000 crore in fiscal 2025-26. Total income declined while total expenses increased durin...
Dubai, Abu Dhabi residents return to a new normal: ‘Neither war, nor peace’Six months into the Iran war, the UAE’s post-pandemic boom is facing its biggest test. Tourism, aviation, property and trade have taken a h...
N Chandrasekaran says Air India's next phase to focus on customer trust, 'safety above everything else'Air India's chairman highlighted safety and customer trust as key priorities. Operational excellence and financial sustainability are also ...
US may announce new Iran bank sanctions this week, next week: Scott BessentUS Treasury Secretary Scott Bessent revealed plans for new sanctions targeting Iran-linked banks soon. The department is also investigating...
IndiGo to discontinue wide-body operations effective October 25, end Norse Atlantic leaseIndiGo will end wide-body flights by October 2026, citing geopolitical challenges. Damp lease agreements with Norse Atlantic Airways will c...
Iran war impacts India's aviation sector; fuel costs, route diversions key concerns: EYWest Asian conflicts are significantly impacting India's aviation sector, driving up fuel costs and forcing flight reroutes. Airlines face ...
Airline profit will increase despite head winds of geopolitics and trade warsInternational Air Transport Association projects airline profits to rise to $36 bn in 2025. This is due to lower fuel prices. Passenger num...