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AIRLINE CRISIS RESPONSE
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
More economic safeguards on the cards as West Asia conflict persists: ReportIndia is preparing new measures to protect its economy from the West Asia conflict. The government will introduce these steps gradually as ...
Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab DasRenewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, signif...
Europe's green jet fuels see upside in Iran warEurope is looking at synthetic jet fuel to reduce reliance on foreign oil. The Iran war has made this cleaner fuel more attractive. While p...
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
IndiGo, SpiceJet & other travel stocks plunge up to 7%. Two big reasons whyTravel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citize...
Assuring credit is spread well, in timeIn a bold move to bolster the economy, the Indian government is injecting an additional ₹2.55 lakh crore in credit specifically aimed at sm...
Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
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...
Congress demands withdrawal of circular asking Haj pilgrims to pay Rs 10,000 moreThe Congress party has demanded the withdrawal of a Rs 10,000 airfare increase for Haj pilgrims. The party alleges the Modi government has ...
Travel chaos? American Airlines steps in to support Spirit Airlines customers fast - key rescue stepsSpirit Airlines shutdown creates travel problems for many passengers. American Airlines steps in with quick support like cheaper rescue far...
Iran war, jet fuel concerns cloud airlines' summer holiday plansEuropean airlines face significant challenges as the Iran war escalates jet fuel prices and disrupts Middle East travel, threatening the su...
Energy shock ripples from kitchens to forests as Africa and South Asia grapple with rising fuel costsGlobal fuel price hikes are pushing families in Kenya and India back to burning charcoal and wood. This reversal threatens years of progres...
Pakistan further extends airspace ban on Indian airlines till May 24Pakistan has extended its ban on Indian aircraft using its airspace for another month, until May 24, 2026. This closure, in place since Apr...
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 ...
Centre offers to bail out airlines with Rs 4,000-crore loanIndia plans a ₹4,000 crore emergency credit scheme for airlines, offering sovereign guarantees of up to ₹1,000 crore per carrier to ease st...
India activates global diplomatic grid to secure 9.5 lakh citizens amid West Asia crisisIndia has evacuated nearly 9.5 lakh nationals from West Asia amid escalating conflict, with the Ministry of External Affairs coordinating l...
Asian airlines trim schedules and carry extra fuel as supplies tightenAsian airlines are reducing flights and adding refuelling stops due to Middle East conflict-driven jet fuel shortages, impacting import-dep...