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AIRLINE INDUSTRY
Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abandons plans before launching passenger flightsAustralia's Stralis, an airline startup, is shutting down after plans for hydrogen-electric air taxi flights failed to reach commercial rea...- Piyush Goyal pitches India as trusted destination for data centres, cites $200 bn investment commitmentsIndia is actively promoting itself as a prime destination for data centers to Japanese businesses. Significant global hyperscaler investmen...
- VCs step up wealthtech bets; Blinkit freezes new launchesInvestors are pouring fresh capital into wealthtech startups as demand for financial products grows. This and more in today's ETtech Top 5.
- E-bike maker Matter raises $25 million from existing investors, plans four new modelsMore than Rs 750 crore of the capital raised so far has been deployed across manufacturing, research and development, and market entry, the...
- Air passenger service prices surge 31.9% in Q1 FY27: Govt dataService prices showed mixed trends in the first quarter of FY27. Airline and railway service prices saw notable increases during this perio...
- Adani rival GMR plans $2 billion expansion at two India airportsWith plans to invest close to $2 billion, GMR Airports is set to embark on significant airport expansion initiatives. These developments pr...
- Skyways Air IPO opens today; GMP at 23%: Key details. Should you subscribe?Skyways Air Services’ Rs 582.8 crore IPO opens on August 24, 2026, with a price band of Rs 131–Rs 138 per share. The logistics company plan...
- South Africa targets 1 lakh Indian tourist arrivals in 2026South Africa is targeting 100,000 Indian tourist arrivals in 2026, up from nearly 70,000 in 2025. It is focusing on younger, experience-see...
- India's MICE sector to grow by 12-14 pc annually for next 3-5 years: NIMAThe MICE sector in India is set to experience an annual growth of 12-14 percent over the next five years. Meanwhile, destination weddings a...
- Both pilots fell asleep at 36,000 feet: How an Airbus A320 with 157 passengers flew unwatched for nearly 30 minutesBoth pilots of an Airbus A320 carrying 157 passengers fell asleep for 28 minutes while flying at 36,000 feet from Kendari to Jakarta. The a...
- Pakistan extends airspace ban for Indian aircraft till Sep 24Pakistan's airports authority has extended its airspace closure to Indian aircraft. This restriction will now remain in effect until Septem...
- India wants cheaper air travel, but capping fares could hurt aviation industryAirfare prices remain stable despite rising crude oil costs and industry growth. A Supreme Court case seeks to cap airfares and establish a...
- Tired of job rejections after layoff, techie quits IT to be a school bus driver: 'Hope this industry finds its way back to treating people better'After more than a year of job hunting following a layoff, a senior software quality engineer has decided to leave the tech industry and sta...
- Blue Dart sets sights on bigger e-commerce slice with cross-border delivery pushBlue Dart Express plans a new international cross-border ecommerce delivery product. This initiative aims to capture a larger share of Indi...
- Bhubaneswar-Kolkata IndiGo flight on Aug 13 cancelled after pilot detects technical snagAn IndiGo flight from Bhubaneswar to Kolkata was cancelled on August 13. The pilot detected a technical issue while passengers were boardin...
- Air India CEO-designate Tewolde Gebremariam visits Delhi, Mumbai; meets senior airline executivesTewolde Gebremariam met senior Air India executives during his first visit to India. He will assume the CEO and MD roles next month from Ca...
- Dubai hotels see bookings rebound as tourists return after Iran war shockUAE hotels are preparing for a visitor rebound ahead of the peak winter season. Dubai and Abu Dhabi are offering new incentives to attract ...
- Air India to stay on expansion course despite challengesAir India plans to add over 100 aircraft across the group in 2027 and 2028 while continuing its $400-million fleet retrofit programme. The ...
- Chandrasekaran's successor at Tatas will have to start off with a three-way, Rs 29,000-cr tightrope walkThe new chairman of Tata Sons faces a myriad of financial hurdles and strategic choices. Air India’s transformation hinges on hefty investm...
- Singapore Airlines names insider Aswin K as India general managerAswin K, a 12-year company veteran, now leads Singapore Airlines' India operations. He succeeds Sy Yen Chen, who managed the market for ove...
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