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AVIATION FUEL PRICES
IndiGo may hike ticket prices to offset soaring fuel bills, says CEO Willie WalshAmidst escalating fuel prices that heavily strain profitability, IndiGo is looking at the possibility of raising ticket prices. The airline...- IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%IndiGo Q2 Results: Budget airline IndiGo reported narrowing of its consolidated loss to Rs 1,879 crore in the second quarter of FY27, compa...
- RIL Q2 Results Preview: Profit outlook brightens as O2C business set to drive growthReliance Industries is expected to report 15-17% year-on-year growth in September-quarter EBITDA, driven by a sharp recovery in its oil-to-...
- Why is Adani betting $3.4 billion on global energy trade chaos?Adani Group is reportedly exploring a $3.4 billion acquisition of Dutch energy storage giant VTTI as global oil supply disruptions reshape ...
- Iran war, rupee fall to push India airlines' losses to Rs 38,000 croreThe Indian aviation industry is expected to face significant financial challenges in the current fiscal year. A ratings agency has projecte...
- Akasa Air hikes pilots' salaries by up to 15% to retain themThe revised pay structure will take effect January 1, 2027, with fixed monthly salaries increasing across all eight pilot grades, from firs...
- Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
- How Australia built world’s biggest battery-powered ferryThe electric ferry China Zorrilla has launched its operations between Buenos Aires and Uruguay, marking a significant milestone in eco-frie...
- The grease hunters of Bengaluru want Leftover fryer oil to fuel India’s JetsBengaluru has become a hub for innovative biofuel initiatives as collectors harvest old cooking oil from restaurants for energy production....
- First tanker of Russian diesel sets sail for the US in Trump's controversial deal with PutinA tanker transporting Russian diesel to the United States has departed, signaling a new import agreement. This deal has raised concerns in ...
- DGCA extends pilot rest rule deadline to March as airlines face cost pressuresThe Directorate General of Civil Aviation has extended the deadline for revised pilot rest rules to March 31, 2027. This extension is a res...
- Union Pacific's third-quarter profit rises on pricing strengthUnion Pacific showcased impressive third-quarter adjusted profit, primarily fueled by increased fuel surcharge revenue and solid core prici...
- Cheaper air tickets may remain a distant dream for Indian flyersIndian flyers may have to wait longer for airfare relief after the festive season as elevated aviation turbine fuel prices, rupee depreciat...
- India braces for first Diwali after Gulf war with tighter budgetsAs households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets significantly. Increased costs for e...
- Expensive flights, struggling airlines: Why India's airfare crisis has no easy fix for passengersIndia's proposed new airfare framework would require airlines to submit fare structures to the DGCA a month in advance, amid festive-season...
- 'Govt has no plans to regulate airfares'India's government has clarified that it will not regulate ticket prices for airlines under new rules. The new air fare regulations will al...
- Cleartrip eyes sustained revenue growth driven by air travel, non-air businessCleartrip expects to sustain its growth momentum in 2027, with non-air services such as hotels, buses, trains and holiday packages gaining ...
- Beyond Oil: How bioenergy investments can rebalance India-Russia tradeRussia now exports more than $60 billion worth of goods annually to India, primarily crude oil, petroleum products, coal, and fertilisers.
- Govt revises windfall gains tax for petrol and diesel exportsThe central government has increased the windfall tax on petrol exports to Rs 2.5 per litre. Simultaneously, the windfall tax on diesel has...
- Flying gets costlier from October 9: Air India, Air India Express join Akasa Air in fuel surcharge hike; here's what you'll payIn a bid to manage escalating operating expenses amidst unpredictable global fuel costs, Air India and Air India Express will update their ...
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