Searched for
PRICE STABILISATION FUND FOR AIRLINES
Brent crude oil price falls below $100 a barrel on hopes of Iran peace deal following Democrats' midterm victoryCrude oil prices experienced a significant decline, with Brent prices falling below $100 per barrel. The decline was influenced by hopes fo...
SpiceJet’s meltdown: Rs 5,500 crore raised, but where did the money go?SpiceJet's mounting financial crisis raises serious questions over the fate of more than Rs 5,500 crore raised in recent years, its unpaid ...
Government prepares draft sustainable aviation fuels policy; moots mandatory blending in ATF from 2027The civil aviation ministry has circulated the draft National Policy on Sustainable Aviation Fuels which mandates use of only indigenously ...
Star Air cuts weekly flights on high fuel costs, says airline officialStar Air has reduced its weekly flights by 15-20%, largely due to soaring Aviation Turbine Fuel prices. The airline is calling for a specia...
Silver ETFs jump up to 6%, white metal reclaims $51 as Democrats win US midterms. What should investors do?Silver ETFs rallied up to 6% as silver prices rebounded above $50 an ounce following the Democrats' US midterm election victory. Experts ad...
India's natural diamond industry eyes revenue stabilisation at $15 billion, not recoveryAn analysis indicates India's natural diamond industry's revenues are projected to stabilize rather than rebound. Domestic demand is expect...
Gold smuggling jumps to 50 tonnes as 15% import duty widens gap for unofficial supplyGold smuggling in India is estimated to have surged to 50 tonnes in the September quarter from three tonnes a year earlier after import dut...
FLY91 plans to expand fleet to 60 aircraft in five years, targets 350 weekly flights: CEO Manoj ChackoRegional airline FLY91 plans to expand its fleet from six to around 60 aircraft over five years, backed by an order for 40 planes scheduled...
Rupee rises 12 paise to 94.72 against US dollar in early tradeThe rupee rose by 12 paise to 94.72 against the US dollar in early trading on Tuesday. This increase was driven by declining crude oil pric...
Parliamentary panel raises concerns over high airfares; IndiGo, Air India flag rising fuel costs, Pakistan airspace closureA parliamentary panel raised concerns over high airfares during discussions with IndiGo and Air India officials. Rising Aviation Turbine Fu...
IndiGo to consider hedging fuel as it ventures on long haul routesIndiGo is evaluating the possibility of hedging fuel costs as it plans for long-haul international operations. The airline's planned introd...
IndiGo to introduce business, premium economy and economy cabins on A350 aircraft from 2028IndiGo Airlines will introduce business class, premium economy, and economy cabins with its Airbus A350-900 aircraft. The first A350-900s a...
IndiGo expects first Airbus A350 delivery in second quarter of 2028, CEO Willie Walsh saysThe anticipated delivery of IndiGo's first Airbus A350 wide-body aircraft is scheduled for the second quarter of 2028, according to CEO Wil...
China stocks edge higher as reports of market support lift sentimentChina’s stock market edged higher after reports that regulators would discuss measures to support capital markets. However, concerns over s...
Government notifies new airfare rules, allows intervention in extraordinary situationsThe government has notified new rules allowing it to intervene in airline ticket prices in extraordinary situations and in the public inter...
China lowers funding costs with shift to overnight policy rateChina's central bank has implemented a major alteration to its monetary policy by establishing an overnight lending rate, which injects sub...
As US airlines deploy AI pricing tools, startups help travelers cash in on fare dropsInnovative startups such as JetBack, Junova, and Refare are harnessing artificial intelligence to assist travelers in reclaiming fare discr...
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 may hike ticket prices to offset soaring fuel bills, says CEO Willie WalshAmidst escalating fuel prices that heavily strain profitability, IndiGo is looking at the possibility of raising ticket prices. The airline...
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 ...