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FUEL PRICES IMPACT ON AIR TRAVEL
India's domestic air traffic fell 8.3% in September as demand remained under pressure: IATAIn September, India's domestic air traffic declined by 8.3% year-on-year, marking a significant drop. This decrease was the steepest observ...- Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time highReliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...
- Air India Express denies boarding to woman & 3-year-old on confirmed flight; Court orders Rs 70,000 payout plus interestA consumer commission in Kerala has directed Air India Express to pay Rs 70,000 to a woman and her three-year-old son after they were denie...
- Indonesia looks to India & China for fuel suppliesIndonesia is exploring gasoline imports from India and China to combat rising global crude oil prices. The country's energy minister Bahlil...
- IndiGo posts Rs 1,879-crore loss as high fuel costs, geopolitical woes hit; capacity cuts & yield management offer only partial relief, says CEO Willie WalshIndiGo reported a net loss of Rs 1,879 crore in the September quarter as a sharp rise in jet fuel prices and foreign exchange costs offset ...
- Iran war, rupee fall to push India airlines' losses to Rs 38,000 croreThe Indian aviation industry is expected to face significant financial challenges in the current fiscal year. A ratings agency has projecte...
- Akasa Air hikes pilots' salaries by up to 15% to retain themThe revised pay structure will take effect January 1, 2027, with fixed monthly salaries increasing across all eight pilot grades, from firs...
- US cruise ship that charged up to $120,000 per person leaves around 200 passengers stranded in Cambodia, gives them just seven hours to disembarkThe Villa Vie Odyssey cruise ship has left around 200 passengers stranded in Cambodia as fuel costs continue to rise. After two years of un...
- Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
- JetBlue shares surge 12% as airline seeks to calm financial concernsJetBlue Airways shares surged over 12% after addressing financial concerns despite reporting a larger quarterly loss. The loss was influenc...
- E20 criticism was a ‘paid campaign’, says Nitin Gadkari amid flex-fuel pushNitin Gadkari stated that the uproar over E20 blending in petrol was a paid campaign against it. He emphasized that many vehicles have used...
- Air India issues travel advisory as Cyclone Arnab threatens flights to Visakhapatnam, VijayawadaIn light of Cyclone Arnab, Air India has issued a travel warning about anticipated disruptions to flights serving Visakhapatnam and Vijayaw...
- India appears better stocked for West Asia crisis, but oil shock threatensIn West Asia, tensions are affecting energy and fertilizer supplies, prompting adjustments by the Indian government. Freight costs have sur...
- Trump's diesel price relief efforts grow costlier as election nearsWith the midterm elections approaching, President Trump is implementing various strategies to combat high diesel prices. These measures inc...
- 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...
- 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...
- India braces for first Diwali after Gulf war with tighter budgetsAs households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets significantly. Increased costs for e...
- Expensive flights, struggling airlines: Why India's airfare crisis has no easy fix for passengersIndia's proposed new airfare framework would require airlines to submit fare structures to the DGCA a month in advance, amid festive-season...
- 'Govt has no plans to regulate airfares'India's government has clarified that it will not regulate ticket prices for airlines under new rules. The new air fare regulations will al...
- Cleartrip eyes sustained revenue growth driven by air travel, non-air businessCleartrip expects to sustain its growth momentum in 2027, with non-air services such as hotels, buses, trains and holiday packages gaining ...
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