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COST PRESSURES AVIATION SECTOR
FLY91 plans to expand fleet to 60 aircraft in five years, targets 350 weekly flights: CEO Manoj ChackoRegional airline FLY91 plans to expand its fleet from six to around 60 aircraft over five years, backed by an order for 40 planes scheduled...- Air India CEO eyes wide-body aircraft order expansion, says profitability remains a concernAir India CEO Tewolde Gebremariam emphasized the airline's commitment to enhancing financial performance and expanding its aircraft orders....
- Parliamentary panel raises concerns over high airfares; IndiGo, Air India flag rising fuel costs, Pakistan airspace closureA parliamentary panel raised concerns over high airfares during discussions with IndiGo and Air India officials. Rising Aviation Turbine Fu...
- 700% jump in airfare: Supreme Court says 'don't travel by air'The Supreme Court refused urgent listing of a plea alleging a 700% surge in airfares, with the bench telling passengers, "Don't travel by a...
- Government notifies new airfare rules, allows intervention in extraordinary situationsThe government has notified new rules allowing it to intervene in airline ticket prices in extraordinary situations and in the public inter...
- DGCA mandates two pilots on Char Dham helicopter flights, 11 operators threaten to suspend servicesThe Directorate General of Civil Aviation has mandated the use of two pilots for Char Dham helicopter services. This requirement comes afte...
- Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
- Govt extends customs duty exemption on cotton imports till December 31The Indian government has announced an extension of the customs duty exemption on cotton imports until December 31, 2026. This move aims to...
- Mondelez International upbeat on India despite cost pressuresThe maker of Cadbury chocolates and Oreo biscuits added about 130,000 outlets in India during the third quarter ended September, as it push...
- Air India gets DGCA approval for flying academy in MaharashtraAir India has received DGCA approval to establish a flying academy at Belora Airport in Amravati. The academy will house a fleet of 31 sing...
- Global Market: European automakers get earnings boost as Chinese competition weighs on recoveryEuropean automakers have received a boost from recent earnings, but their recovery remains fragile. Rising competition from Chinese manufac...
- Escorts Kubota hikes tractor prices as Middle East war fuels cost pressuresEscorts Kubota plans to implement price hikes on its tractor offerings in November 2026. The company cites inflation and geopolitical uncer...
- Trent net profit up 25% despite cost pressures and stiff competitionTata's Trent retailer reported significant financial success, posting a 25% rise in net profit, which hit ₹468 crore for the quarter ending...
- 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...
- Tyre stocks: Hit by a headwind on costs, not on demand: 4 tyre stocks with upside potential of up to 29%, according to analystsFor years, this sector has had to deal with the dumping of cheap imported tyres. That particular headwind has eased now, and for an unusual...
- Indian petrol demand to peak by 2035, says top refiner Indian OilIndian petrol demand is projected to peak by the year 2035 as electric vehicles become more prevalent. The chairman of Indian Oil Corp high...
- 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...
- Goa rationalises aviation turbine fuel VAT to 7% from October 24, IndiGo welcomes moveGoa government has announced a reduction in the value-added tax on aviation turbine fuel to 7%. This revised VAT rate will come into effect...
- 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...
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