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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...
India Inc hikes prices, shrinks packs as Iran war squeezes marginsIndian businesses face mounting pressure from soaring oil, freight, and insurance costs. Companies are increasing prices and reducing produ...
Middle East conflict fuels airline bankruptcy risks, more mergers likely: IATASoaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to...
Petrol, diesel price hike impact: From milk, onions, Blinkit deliveries to Uber fares & others, here's all that may get costlierPetrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple...
Iran war creates new must-have for summer holidays: The plan BTravellers are changing holiday plans. Shorter trips in Europe are becoming popular. Rising airfares and conflict are causing concern. Many...
If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil AnalystIndian aviation faces tough times as fuel prices remain high. Aviation Turbine Fuel costs are a major burden for airlines. This pressure is...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
Oil prices even at $90 'unsustainable', warns SpiceJet's Ajay Singh; says Indian airlines bracing for painSpiceJet chairman Ajay Singh warns that crude oil prices at $90 per barrel are unsustainable for airlines, signaling potential fare hikes a...
Asian airlines raise fares, mull groundings as fuel crunch loomsAsian airlines are increasing flight ticket prices. They are also preparing to park aircraft. This is due to the Middle East conflict. The ...
Bankrupt Spirit Airlines slashes flights as layoffs loom - If you booked tickets here's what you need to knowSpirit Airlines has filed for bankruptcy again, causing big changes that affect travelers everywhere. Spirit Airlines is planning significa...
Russian drones in Poland's airspace stir worries for Europe's civil aviationRecent Russian drone activity in Poland has raised worries about airline safety in Europe. The incident caused temporary airport closures a...
These are the airlines teetering on the brink of Covid ruin, shows data from Z-score bankruptcy gaugeIATA, in a new analysis released last week, said total industry revenues next year are expected to be down 46% on 2019’s $838 billion. With...
Coronavirus-hit aviation industry requires USD 5 bn capital infusion to stay afloat: CAPA"COVID-19 will inflict an unprecedented financial impact on the industry.Airlines are the most vulnerable, with some carriers at breaking p...
India mulls up to $1.6 billion rescue plan for aviation sector after coronavirusProposal includes temporary suspension of most taxes levied on the sector.
Dow rallies over 1,100 points on hopes for coronavirus aidWall Street endured another day of dizzying trading Tuesday, whipping up and down with hopes that the U.S. and other governments will cushi...
Till Jet Airways do us part: Some loyal staff haven't lost all hopesAlthough company has been in distress for some time, many employees are reluctant to leave a firm that treats its 'staff well'.
- Kick off interim budget with cut in income tax
If govt is serious about reviving the economy, the time might be right to review some of the hidden taxes, that turn India into a high-cost...
- Low-cost airlines may join hands
IndiGo, SpiceJet and GoAir are looking at pooling of resources on a similar pattern as the Jet-Kingfisher alliance, industry sources close ...
- Frequent fliers look for safer routes
Air travellers, especially the frequent flyers, are reworking their "flight path" following a spate of terror scares.