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FUEL PRICES IMPACT AIRLINES
Akasa Air to shift all Mumbai flight operations to Chhatrapati Shivaji Maharaj International Airport's Terminal 2 from August 1Akasa Air will move all its Mumbai flights to Terminal 2 starting August 1, 2026. Passengers should verify their flight and terminal detail...- Domestic air traffic falls 12% to 1.35 crore in June on monthly basisDomestic air traffic saw a nearly twelve percent decline in June. IndiGo's market share increased to sixty-six point three percent from May...
- Petrol, Diesel Prices Today (July 21): Fuel rates in Delhi, Mumbai, Kolkata and Chennai changed as crude oil dips below $90? Check herePetrol, Diesel Prices Today: Indian fuel prices remained unchanged on Monday, July 21, despite global crude oil falling below ninety dollar...
- Expect commercial vehicle industry to grow in single digit this fiscal: Ashok LeylandAshok Leyland predicts a modest growth forecast in the single digits for the domestic commercial vehicles sector this fiscal year. Despite ...
- DGCA to introduce digital platform for incident reporting, says Civil Aviation MinisterThe Directorate General of Civil Aviation (DGCA) is developing a digital incident reporting platform on the eGCA portal to enable electroni...
- Global Market: European shares dip as oil surge fuels inflation fears ahead of ECB meetingEuropean shares dipped slightly as oil prices climbed due to escalating US-Iran tensions. This surge revived inflation concerns and impacte...
- Pakistan raises jet fuel price by PKR 40.35 per litre amid global oil market volatilityPakistan has increased jet fuel prices by PKR 40.35 per litre, reaching PKR 291.55. This follows a previous hike, bringing the total increa...
- 'Air India to stay on expansion course despite headwinds,' says CCO Nipun AggarwalAir India plans ambitious expansion, doubling capacity and adding new global destinations. The airline aims to connect every major city wor...
- Chinese airlines order 95 Airbus jets with list price of $17.8 billion to expand fleetsThree Chinese airlines are purchasing ninety-five Airbus aircraft valued at seventeen point eight billion dollars. Air China and Shenzhen A...
- US Stock Market: Fed's Jefferson signals openness to rate hike if inflation stays elevatedFederal Reserve Vice Chair Philip Jefferson indicated potential interest rate hikes if inflation fails to improve. Current policy remains a...
- Pakistan PM Shehbaz Sharif warns of risk to economy amid renewed West Asia tensionsPrime Minister Shehbaz Sharif warned of economic risks due to regional conflict. He directed authorities to maintain full preparedness for ...
- Petrol, diesel sales surge in first half of JulyPetrol and diesel sales saw significant year-on-year increases in early July. Below-normal monsoon rains boosted demand from farmers and mo...
- Lufthansa to resume flights to Riyadh, Amman from SeptemberLufthansa Group will gradually resume flight operations to Riyadh and Amman starting in September. The German airline will first restart se...
- Fujairah bunker fuel sales halve as US-Iran war disrupts suppliesFujairah bunker fuel sales dropped significantly in early 2026. This decline occurred after the U.S.-Iran war impacted supplies near the St...
- Air India crash probe studies pilots' psycheThe Federation of Indian Pilots (FIP), and the father of Sumeet Sabharwal, captain of the 787 aircraft, had earlier moved the top court see...
- AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price riskThe unusual move underscores how deeply the AI boom has entangled cloud providers with the volatile chip market. To lock in supply amid s...
- Retailwinds delayed, so, nothing to fretRetail inflation has risen above the RBI's target, driven by fuel and food prices. Core inflation remains subdued, offering a better measur...
- India’s youngest airline Akasa Air seeks funds as Iran war drives up costsAkasa Air is raising funds through equity and debt to navigate industry challenges. The airline seeks eight billion rupees from investors a...
- How Europe is keeping planes flying despite jet fuel risksEurope faces significant jet fuel supply risks due to Middle East tensions. The region imports heavily and has limited reserves for disrupt...
- Global Market: European shares decline as Middle East tensions weigh; airlines, autos lead lossesEuropean shares declined on Wednesday as renewed Middle East tensions and higher oil prices weighed on investor sentiment, while technology...
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