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IATA CONSULTING FIRM REPORT
Low-flying aircraft damages another house near Kochi airport; CIAL explores compensation, DGCA seeks reportA house near Cochin International Airport suffered damage from a low-flying aircraft. This marks the third such incident in a year. Cochin ...
Inside KPMG's AI report scandal: False claims, bogus case studies and hallucinated success storiesKPMG has retracted a global report after major organizations like UBS and the NHS denied claims of using AI for operational transformations...
US cybersecurity firm N-able opens India GCC, plans 50% local workforce expansion by end-2026N-able Inc, a US cybersecurity firm, will grow its Indian team by over 50 percent by 2026. The company opened a Global Capability Center in...
Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...
Travel warning issued: This one mistake during airplane emergency could cost lives, IATA warnsA new safety campaign launched by the International Air Transport Association (IATA), with support from the FAA and EASA, is urging airline...
Global air travel demand to slow to 2.1% in 2026, IATA saysGlobal air travel demand is set to grow in 2026, but at a slower rate. The Middle East faces a significant contraction due to ongoing confl...
Bezos’ industrial AI firm Prometheus raises $12 billion; valued at $41 billion: ReportIndustrial AI startup Prometheus has secured a massive $12 billion in its Series B funding round. This significant investment propels the c...
Revenue of auto ancillary firms grew at 11% CAGR during 2016-26: ReportAuto ancillary companies saw revenue grow at 11 percent annually from FY16 to FY26. Exports and increased vehicle content fueled this expan...
Expanding GCCs bring in more value vs new entrantsIndia's global capability centre ecosystem is witnessing a convergence of greenfield and brownfield activities around capability-led work. ...
Majority of Indian firms face persistent external disruptions: ReportIndian businesses face talent challenges due to external disruptions. Climate shocks, infrastructure issues, and health outbreaks are affec...
Chinese hackers pose biggest espionage threat to tech firms, CrowdStrike saysChina-linked hackers presented the largest espionage threat to technology firms in the past year. This surge coincides with significant inv...
'Domestic cos got lower subsidies than Chinese peers, on par with North America'Indian firms receive far less government support than Chinese companies. An OECD report highlights this disparity between 2005 and 2024. In...
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...
TCS renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...
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 ...
Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
Sustainable Aviation Fuel production volumes still disappointing: IATA DG Willie WalshThe International Air Transport Association (IATA) has released estimates showing that global Sustainable Aviation Fuel (SAF) production is...
Pakistan's interior minister arrives in Tehran for US-Iran peace talksPakistan's Interior Minister Mohsin Naqvi arrived in Tehran for crucial negotiations with Iranian officials on behalf of the United States....
Airline chiefs grapple with fuel shock, fare test at Rio summitGlobal airline leaders gather in Rio de Janeiro facing a tough recovery test. The Iran war is increasing fuel costs and disrupting flight p...
Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...