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Asia, Europe could see jet fuel shortages in coming months: IATA chief Willie WalshGlobal airlines' grouping IATA warns of potential jet fuel shortages in Asia and Europe in the coming months. Extraordinarily high fuel cos...
Q4 results today: IndusInd Bank, IndiGo among 132 companies to announce earnings on WednesdayThe earnings season is wrapping up with 132 companies set to reveal their Q4 results on Wednesday. Key companies like ONGC, IndiGo, and Ind...
IndiGo Q3 Results: Cons PAT falls 18% YoY to Rs 2,449 crore, revenue up 14%IndiGo Q3 Results: IndiGo's parent company, InterGlobe Aviation, reported an 18% YoY decline in net profit for Q3FY25, with revenue rising ...
InterGlobe Aviation Q1 Results: Profit falls 12% YoY to Rs 2,729 crore, revenue jumps 17%IndiGo Q1 Results: IndiGo reported a 12% decline in consolidated net profit to Rs 2,729 crore for the first quarter ended June 2024, down f...
InterGlobe Aviation Q4 Results: PAT more than doubles to Rs 1,895 crore; revenue up 26% YoYInterGlobe Aviation, the parent company of India's leading airline, IndiGo, reported a significant 106% year-on-year (YoY) increase in its ...
Indian Railways poised for performance in freight business, revenue, track laying in FY 2023-24According to Ministry of railways, ss of March 15, Indian Railways has surpassed the milestone of 1500 million tonnes in originating freigh...
Interglobe Aviation Q3 Results: Net profit zooms 111% YoY to Rs 2,998 crore, beats estimatesInterglobe Aviation Q3 Results: Revenue from operations during the reporting period increased 30% year-on-year (YoY) to Rs 19,452 crore.
Interglobe Aviation Q2 Results: Net loss widens to Rs 1,583 cr; revenue soars123% YOYDuring the quarter, the number of passengers increased 76% to 19.7 million
Can demand revival pave the way to profitability for IndiGo?As the economy opened and operations resumed partially, fuel price and other expenses were higher than the revenue the company was generati...
IndiGo Q4 Results: Loss widens to Rs 1,682 crore YoY, revenue jumps 29%Total income for the quarter jumped 29 per cent YoY to Rs 8,207.50 crore from Rs 6,361.80 crore in the same quarter last year.
Passenger demand for air travel to contract by 49% for Indian airlines in 2020: IATAThe passenger demand for air travel will contract by 49 per cent this year for Indian carriers in comparison to last year due to the COVID-...
India's domestic air passenger traffic fell by 11.8 pc in March: IATAThe IATA, which represents around 300 airlines accounting for 82 per cent of the global air traffic, measures passenger growth in terms of ...
India's air passenger growth on the back of excess capacity: IATAIATA today announced global passenger traffic data for August showing that demand (measured in total revenue passenger kilometers or RPKs) ...
Air India to increase revenue by 9.7% in 2016-17The government has approved a turnaround plan (TAP)and a financial restructuring plan (FRP) for operational and financial turnaround of the...
India's domestic market growth highest in the world: IATAIndia’s domestic aviation market grew the highest in the world during the month of October, shows International Air Transport Association (...
Economic growth behind rising passenger numbers: IATAGrowth in India’s domestic passenger number was the highest globally in June followed by China that grew by 10.9% during the same period.
Airlines see passenger traffic rise by 17.9% in March: IATAIATA announced that demand in March 2015 rose by 7.4 per cent, compared to March 2014, which was an improvement on February, when year-over...
Domestic air traffic rises 7.4%; records the second highest growth rate globallyThe overall average domestic demand rose 4.5% in August compared to August 2013 with all markets reporting growth, led by Russia.
India's air traffic grows, IATA credits new 'supportive' governmentIndia's domestic Revenue Passenger Kilometers (RPK), which measures actual passenger traffic, grew 7.4 per cent over August last year.
Discounted airfares fail to draw passengers on sliding passenger traffic, revenueThe much-touted discounted airfares by Indian carriers did not draw many passengers in March as passenger traffic and average revenue slid ...