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SPIRIT AIRLINES CLOSURE
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...- Who is Hunter Peterson: Man behind the viral ‘Let’s Buy Spirit Airlines’ campaign that drew $214 million in pledged crowdfundingA viral online campaign, 'Let's Buy Spirit,' emerged after Spirit Airlines ceased operations, proposing public crowdfunding to revive the c...
- Coforge’s Q4 profit doubles to Rs 612 crore on robust deal winsCoforge's net profit surged over 135% in Q4 FY26, driven by AI efficiencies and strong revenue growth. The IT service provider reported rob...
- Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...
- Spirit Airlines shutdown flags wider risk for Indian IT firmsSpirit Airlines' closure and soaring jet fuel costs pose challenges for Indian IT services firm Coforge. Analysts warn of wider implication...
- Air India board meeting on May 7; cost-saving steps, CEO selection likely on agendaAir India's board meets May 7 to discuss cost cuts and a new CEO. The airline faces significant losses and challenges from rising jet fuel ...
- Frontier responds to Spirit Airlines shutdown with discounted 'rescue fares' for stranded passengersFollowing Spirit Airlines' abrupt shutdown, Frontier Airlines is offering discounted "rescue fares" and a $199 GoWild Summer Pass to assist...
- California oil and jet fuel supply crisis: why are prices hitting $15 jet fuel and $5.85 gas as capacity and supply plunge—how soon can recovery happen?California oil and jet fuel supply crisis is intensifying fast. Jet fuel prices have surged near $15 per gallon. Gasoline has climbed to $5...
- Traveling this summer? Major airlines cut routes — check the list to see if you are affectedAirlines Cut Routes Due to Rising Fuel Costs from the Iran War — Is Your Summer Flight at Risk? Jet fuel prices have doubled since the war ...
- Jet fuel shock: Moody's tells how a Middle East conflict is rewriting the economics of global aviationGlobal airlines face profit pressure as Middle East conflict drives up fuel costs. This impacts operating expenses and travel networks. Air...
- Airlines issue alert due to heavy winter storm: Affected Airports, flight delays, cancellations, and passenger guidelinesAs airlines continue to assess the impact of Winter Storm Harlow, additional waivers and schedule modifications may be announced in the com...
- Vijay Mallya left country despite look-out notice by CBI?CBI sources claimed the agency had taken all precautions including issuance of look-out notices to all exit points from the country to prev...
- Vijay Mallya says he is no defaulter or absconderHe said India's banks have total NPAs worth Rs. 11 lakh crores from much larger borrowers than Kingfisher which have not been declared wilf...
- Panic grips SpiceJet's 5,300 employeesThe directorate general of civil aviation ( DGCA) had asked the airline to pay November salary to all employees by Monday (December 15).
- Karnataka High Court nixes USL share sale to DiageoThe order, if allowed to stand, is likely to pose an immediate danger to Diageo's control over USL, India's largest liquor company.
- Ten stocks in focus in Thursday morning tradeIndian shares are expected to trade in a range. Here is a list of ten stocks that are likely to be in action in morning trade today.
- Srei to liquidate Rs 430 crore Kingfisher Airlines debtRs 430 crore loan exposure to Kingfisher Airlines soon after closure of a proposed majority takeover of another UB Group firm USL by Diageo.
- Eleven stocks in focus in Monday morning tradeIndian shares are expected to trade in a range. Here is a list of eleven stocks that are likely to be in action in morning trade today.
- Srei to liquidate Rs 430 crore Kingfisher debt post Diageo dealSrei Venture Capital last year acquired loans worth Rs 430 crore given by ICICI Bank to the UB group's battered airline venture.
- Kingfisher Airlines rise over 18% on boursesAfter a firm opening this morning, Kingfisher shares gained further momentum in afternoon trade and settled 18.12 per cent higher at Rs 25....
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