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FUEL COSTS IN AVIATION
A plane plan for China to consider: Singapore opposition slams Temasek over Air India bailouts amid mounting losses and global crisesAir India faces mounting losses and requests for additional funds from its shareholder. The airline is grappling with high fuel prices and ...
In 2021, NREL fermented food waste into volatile fatty acids and catalytically upgraded them to jet fuel; the SAF was estimated to cut net carbon emissions by up to 165% when landfill disposal was assumedA groundbreaking approach has been created by scientists to transform food waste into eco-friendly aviation fuel. This cutting-edge techniq...
ATF price up 5.46%, commercial LPG rate rises Rs 9.50ATF prices rose 5.46% to ₹121.28 per litre, adding to airlines’ costs, while commercial LPG prices increased by ₹9.50 to ₹2,747.50 per 19-k...
Indian Oil ramps up LPG output 30% as Hormuz disruption tests India’s energy securityIndian Oil Corporation increased LPG production by nearly thirty percent. Refineries operated above full capacity to ensure energy supply c...
China’s Big Three airlines sink deeper into losses as fuel costs soarChina's three largest state-owned airlines reported substantial first-half losses. Surging jet fuel prices and a weak summer season impacte...
India's aviation boom faces turbulence amid safety concernsIndia's airline sector faces significant safety and financial challenges. Recent incidents have exposed regulatory and operational shortcom...
Temasek backs Singapore Airlines to fly long haul with Air IndiaTemasek has shown its support for Singapore Airlines' investment in Air India amidst rising concerns regarding the Indian carrier's financi...
India Inc revenue growth to moderate to 13-15 pc in Q2; margins to contract: ReportIndia Inc's revenue growth is projected to contract to fifteen percent in the September quarter. Operating profit margins are expected to c...
India Inc’s revenue growth to moderate to 13-15% in Q2 FY27; margins under pressure: ICRAIndia Inc’s revenue growth is expected to moderate to 13-15% in Q2 FY27 from 21.3% in Q1, ICRA said. Higher input costs could squeeze margi...
Six Months of Conflict: How the Iran war has reshaped global marketsAs global financial markets navigate the aftermath of recent conflicts, the mixed responses are evident. Energy prices have surged sharply,...
Air India’s $1.5 billion funding ask sparks backlash in Singapore parliamentA Singapore politician questions the logic of Singapore Airlines supporting Air India. He opposes using Temasek funds for Air India's turna...
Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abandons plans before launching passenger flightsAustralia's Stralis, an airline startup, is shutting down after plans for hydrogen-electric air taxi flights failed to reach commercial rea...
US to broaden secondary sanctions to isolate Iran on 'economic D-Day'The United States is set to launch a significant financial offensive against Iran. This move aims to pressure countries to sever economic t...
India's MICE sector to grow by 12-14 pc annually for next 3-5 years: NIMAThe MICE sector in India is set to experience an annual growth of 12-14 percent over the next five years. Meanwhile, destination weddings a...
India eases rules for rupee export payments, seeks to widen trade settlementIndia has eased export payment rules, allowing rupee settlements with non-Asian Clearing Union countries. This move aims to promote wider u...
India enters 'long-term arrangement' with Mauritius to supply petrol, diesel and aviation fuelIndia has signed a long-term supply arrangement with Mauritius for petrol, diesel and aviation fuel, strengthening energy cooperation betwe...
Air New Zealand taps former Air India CEO Campbell Wilson for boardAir New Zealand will appoint Campbell Wilson and Robert McDonald as directors. Wilson previously led Air India and founded Scoot Airlines. ...
In 1984, a 80,000-ton US Navy aircraft carrier hit a Russian nuclear attack submarine moving at 15 knots in the Sea of Japan amid fears of World War 3In 1984, the US aircraft carrier USS Kitty Hawk collided with the Soviet nuclear-powered submarine K-314 in the Sea of Japan during a tense...
Air India to stay on expansion course despite challengesAir India plans to add over 100 aircraft across the group in 2027 and 2028 while continuing its $400-million fleet retrofit programme. The ...
BLUE unveils AI-first video analytics infrastructure, targets 10X revenue growth by FY30Bengaluru-based BLUE has unveiled a groundbreaking AI-native video infrastructure platform that leverages a cutting-edge semantic codec to ...