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FUEL SHORTAGES AVIATION
IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
Summer travel plans show no signs of slowing: Domestic demand remains strong despite higher airfares, rising fuel costs & fewer flightsDespite rising airfares and fuel costs, Indians are continuing their summer holidays, though many are adjusting their plans. Domestic trave...
Commercial LPG cylinder rates on June 1: Prices hiked by Rs 42 in DelhiCommercial LPG price hike: Commercial LPG cylinder prices have risen from June 1. Hotels and restaurants will face higher input costs. Dome...
IndiGo soars 5% after Q4 results. What Goldman Sachs, Jefferies and others are sayingIndiGo's shares surged despite a Q4 FY26 net loss of Rs 2,536 crore, driven by Middle East conflict disruptions. Analysts remain largely po...
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...
From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...
US announces charges against former Cuban leader Raul Castro in 1996 aircraft shootdownUS prosecutors have charged former Cuban President Raul Castro. The charges relate to the 1996 downing of civilian planes. Four Americans d...
Former Cuban President Raul Castro charged with murder in USFormer Cuban President Raul Castro faces murder charges in the United States. This indictment stems from a 1996 incident where Cuban jets s...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...
WPI inflation crossing 10% mark not a tail risk but a near-term base case: ReportThe recent Rs 3 hike in petrol and diesel prices, announced after the Prime Minister's national exhortation for austerity, was widely antic...
High airfares and fuel costs may disrupt summer travel, airports body warnsRising airfares and elevated jet fuel costs are prompting airlines to reduce flights, potentially disrupting summer travel plans. The Airpo...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
India taking concrete measures to shield supply chains amid West Asia crisis: Rajnath SinghAmidst the turmoil in West Asia, India is stepping up its efforts to secure vital supply chains and ensure a steady energy supply for its c...
No massive flight cancellations expected this summer in France, minister saysFrench Transport Minister Philippe Tabarot anticipates minimal flight cancellations this summer despite potential jet fuel shortages, notin...
France preps aid for airlines hit by jet fuel price hikesFrance is preparing financial aid for airlines struggling with soaring jet fuel prices, Transport Minister Philippe Tabarot announced. The ...
Lufthansa’s summer flight plan now includes possible fuel detoursLufthansa is bracing for a summer of potential flight disruptions. The German airline is planning for fuel shortages, which could mean addi...