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AIRLINE PROFITABILITY
Airbus forecasts huge hiring gap as aviation services market expandsAirbus projects a need for 2.44 million personnel in aviation, including pilots and maintenance staff. This forecast highlights challenges ...
Lufthansa to buy 44.9 per cent of TAP Air Portugal in euros 1.2 billion dealThe German airline outbid Air France-KLM, the only other company in the race, Portuguese Prime Minister Luis Montenegro said. The governmen...
Global Market | European companies better positioned to withstand energy price shock than in 2022: AnalystsEuropean companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing ...
AI revenue should offset traditional services deflation: TCS CEO K KrithivasanDue to the continuing pressure on companies amid geopolitical strife, TCS is assuming client budgets will not rise. It is, however, banking...
Adani Enterprises has finally got strong winds filling its sailsAdani Enterprises’ outlook is improving as several incubated businesses reach commercial scale. CARE Ratings has upgraded AEL to AA, citing...
India Inc's Q2 revenue growth to moderate to 16-16.5%: ReportIndia Inc’s revenue growth is estimated to moderate to 16-16.5% year-on-year in the September quarter from 17.4% in Q1, while aggregate Ebi...
Federation of Indian Airlines seeks review of existing ATF pricing formulaThe Federation of Indian Airlines highlighted the significant impact of rising jet fuel costs on airline operations. They emphasized that c...
Nomura sees IndiGo emerging stronger from fuel shock; initiates Buy with Rs 6,000 targetNomura initiated coverage on InterGlobe Aviation with a Buy rating and a Rs 6,000 target price, implying around 20% upside from the Septemb...
Alaska Airlines takes its battle for Seattle with Delta overseasAlaska Airlines is expanding aggressively into long-haul international travel from Seattle, using widebody aircraft acquired through Hawaii...
Tewolde Gebremariam assumes charge as Air India CEOTewolde Gebremariam has officially taken charge as the CEO and MD of Air India. He is the second foreign leader to helm the struggling airl...
Air India's incoming CEO Tewolde Gebremariam gets security clearanceTewolde Gebremariam has received security clearance and will officially take charge of Air India. His appointment follows the announcement ...
SAF production: Air France-KLM to seek alliances in IndiaAir France-KLM is set to increase its weekly flight frequency in India from 42 to 54. This decision aligns with the growing demand for pass...
Air India's ₹10,000 crore fundraise plan draws cashflow concernsAir India is currently looking to secure ₹10,000 crore in fresh loans for various operational needs. Some lenders are hesitant to provide c...
Air India's new chief sets sights on higher revenue and cost curbs at first town hallAir India's new CEO Tewolde Gebremariam highlights the importance of financial performance and cost management for the airline. He aims to ...
Air India CEO-designate Gebremariam pitches cost-saving measures, employee rewards & profitability in townhallNewly appointed Air India CEO Tewolde Gebremariam underlined the importance of enhancing financial performance. He announced plans to encou...
Your Thanksgiving and Christmas flight could still stay expensive long after jet fuel prices come downJet fuel prices have moved dramatically since the Iran war began. The Argus U.S. Jet Fuel Index climbed to $4.88 a gallon in early April. B...
High airfares could stick around even if jet fuel prices fallUS airfares could remain elevated even if jet fuel prices fall, as airlines adjust schedules and ticket prices only gradually after sharp s...