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AIRLINES LOSSES
Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
Quote of the Day by JRD Tata: "Nothing worthwhile is ever achieved without..." - From one daring dream to a global industrial empire: The forgotten success formula that turned vision, values and hard work into an industrial powerhouseQuote of the day by JRD Tata continues to inspire entrepreneurs, students, professionals and leaders because it speaks to a truth that neve...
Gujarat consumer panel clears Air India over fog-hit flight diversion, citing safety mandateA consumer commission has ruled that Air India is not liable for a flight diversion due to dense fog in Delhi, which caused passengers to m...
No smooth landing: ICRA sees Indian airlines' losses widening up to Rs 38,000 crore in FY27India's aviation sector faces a grim outlook, with ICRA projecting net losses to skyrocket to ₹36,000-38,000 crore in FY27. This sharp revi...
Oil slide powers India's stock benchmarks to longest weekly winning run 7 monthsIndian stock markets achieved their longest winning streak in seven months, with the Nifty 50 and BSE Sensex closing higher. Falling crude ...
Dalal Street set for a positive start as GIFT Nifty trades higherIndian markets bounced back strongly on Wednesday, with the Nifty closing over 24,000, fueled by renewed buying and falling energy prices. ...
Air India appoints former civil aviation secretary as advisor to chairmanAir India has appointed former civil aviation secretary Pradeep Singh Kharola as executive advisor to Chairman N Chandrasekaran, aiding in ...
Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
Lucknow coaching fire: Horrifying visuals show people jumping from first floor of coaching centre, bystanders rescue victimLucknow fire: A devastating fire at a Lucknow coaching centre in Aliganj has claimed at least 15 lives, with many students forced to jump f...
AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
Ranga-Billa Case: How the brutal murder of a brother and sister shocked the nation, inspired Raakh series and changed India’s criminal investigations foreverA brutal 1978 Delhi crime, the Ranga-Billa case, saw siblings Geeta and Sanjay Chopra tragically murdered after accepting a lift. Their dea...
Her husband died, then 2 sons, & then brother, all within 7 years; yet Odisha’s tribal daughter, once renamed by her schoolteacher, fought through grief to rise to India’s highest officePresident Droupadi Murmu's journey from a remote village in Odisha to India's highest constitutional office is a remarkable story of resili...
Air India at a crossroads as Tata weighs Nipun Aggarwal, Vinod Kannan for next CEO, says reportAir India's leadership race is heating up with Nipun Aggarwal and Vinod Kannan as top contenders to steer the airline through turbulent tim...
STOXX 600 hits record high after US-Iran preliminary peace dealEurope's STOXX 600 reached a record high as a preliminary peace agreement between the US and Iran boosted global risk sentiment and lowered...
Falling crude oil price sends tyre, paint, oil marketing and airline companies soaring in relief rallyOn Friday, a significant drop in oil prices caused a ripple effect in the stock market, with companies linked to crude oil benefiting the m...
AAIB still analysing evidence from probe, final report may take timeThe Aircraft Accident Investigation Bureau continues its probe into last year's Air India crash. Investigators are meticulously examining a...
Air India plans to downsize with owner Tata balking at lossesAir India is reportedly deferring aircraft deliveries, cutting flights, and postponing expansion plans following instructions from owner Ta...
Air India, Tata Sons disburse nearly Rs 300 crore to AI171 victims' familiesAir India also said 94% of those injured on the ground have received either interim or final compensation, while discussions on final settl...
Air India's long history as it continues to face fallout from deadly crashInvestigators will delay the final report on the deadly Air India Boeing 787 crash. The analysis of the plane's engines requires more time....
Air India denies pressuring AI-171 victims' families to sign compensation waiver, says no deadline to accept settlementAir India refutes claims of pressuring families of AI-171 crash victims. The airline states there is no deadline or pressure to accept its ...