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FOREX IMPACT AIRLINES
FIFA 2026 is so much more than footballThe 2026 Football World Cup is a significant economic event, contributing billions to global GDP. For India, this translates into measurabl...
IndiGo Q4 Results: Co reports loss of Rs 2,536 crore vs profit a year agoIndiGo Q4 Results: Budget carrier IndiGo faced a tough fourth quarter in FY26, reporting a net loss of Rs 2,536 crore. Revenue saw a slight...
West Asia conflict may dent India Inc profitability by 200 bps: CrisilA prolonged West Asia conflict poses a risk to India Inc's profitability. Crisil Ratings predicts a significant drop in operating margins d...
Dollar pressure, PM’s appeal may shift Indian tourists towards domestic travel: Atul ThakkarIndian outbound travel may see a temporary slowdown due to rising currency pressures and recent government remarks, prompting travellers to...
IndiGo shares fly 11% as Iran war ceasefire, falling crude prices boost sentiment. What’s Jefferies saying ahead of Q4?IndiGo shares jumped significantly on Wednesday. This surge followed news of a ceasefire between Iran and the US. Falling crude oil prices ...
Iran war impact on travel: How Jefferies is tweaking its hotel, airline stock portfolioJefferies has turned cautious on India’s travel sector as the Iran–Middle East war hurts international traffic, lifts fuel costs and weaken...
Indian airlines to operate 10% fewer flights in summer scheduleIndian airlines are set to fly over 23,000 domestic flights weekly from March 29. This represents a 10 percent reduction from last year's s...
Flight tickets set to get costlier this summer as fuel prices rise, airlines warn of fare hikesHolidaymakers face significantly higher travel costs this summer as fuel surcharges and escalating operating expenses push up airfares. Dom...
Higher airfares due to any further cost escalation will hit demand: IndiGo amid Middle East conflictIndiGo's aspirations for summer international routes hinge on the evolving situation in the Middle East. With soaring fuel costs, travelers...
IndiGo stock fall a ‘temporary blip’, says Shobit SinghalIndiGo faces significant financial headwinds due to widespread flight cancellations extending through December, impacting revenue by an est...
SpiceJet Q4 results: Losses at Rs 807.1 croreThe airline said that losses include a non-cash loss of Rs 473.4 crore due to forex loss on restatement of lease liability due to Ind-AS 11...
IndiGo, SpiceJet face major air turbulence after Corona hit, may soon run out of fuelTravel bans globally and domestically have virtually paralysed the capital-intensive sector.
Multiplex, travel, hotel stocks bear the brunt of investor fearAnalysts advise investors to stay away from these stocks for the moment as the impact of slowing business is yet to play out completely.
SpiceJet posts Q1 loss of Rs 38 crore due to provisioningRising crude and falling rupee is making survival difficult for Indian carriers, who are reporting decline in numbers.
More Jet Airways staff under DRI lens for forex smugglingThe DRI had arrested the flight attendant, Deveshi Kulshreshtha, for allegedly trying to smuggle out USD 4,80,200 (Rs 3.25 crore) from a Je...
Should you worry whether the company you are invested in can face currency shocks?Currency volatility is inevitable and there have been instances of a sudden rupee depreciation in the range of 5-20% within just one or two...
SpiceJet posts Rs 171 crore loss in Q3 on forex loss, ATF spikeSpiceJet today reported Rs 171-crore loss for the quarter to December, as against a profit of Rs 102 crore in the year ago quarter.
- Jet Airways posts Rs 25 cr profit in Q1 after losses for five consecutive quarters
Jet Airways upped its passenger revenues by 19.5%, riding on firming of yields on domestic network as competitors stopped selling tickets b...
- Govt readies incentives to attract foreign tourists
In a bid to win back foreign tourists into the country, the government is working on a scheme under which travelling with a companion could...
- Airlines fly high as strong Re makes lease rentals and wage bills light
Appreciation of the rupee could not have come at better time for the Indian airline industry as it reels under rising fuel costs.