As aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...

India's aviation sector faces a negative outlook. Geopolitical tensions, a weaker rupee, and higher fuel costs are increasing pressure on a...

The airlines have improved the cost of available seat kilometre to the cost of available seat kilometre (RASK-CASK) spread through better p...

Despite remaining 4% below pre-pandemic volumes of 14.15 crore, domestic air passenger traffic has increased by almost 60% YoY, logging in ...

Icra is maintaining a negative outlook on the Indian aviation industry, reflecting the view that the financial performance of Indian airlin...

An area of concern remains the ATF prices, which surged by around 77 per cent Y-o-Y in August, given the elevated crude oil prices due to g...

Rating agency ICRA in its report on Tuesday said that there is likely to be a further delay of two years in achieving the target of operati...

ICRA predicts that the ongoing increase in the number of infections, and expectations of non-availability of a vaccine on a wide scale unti...

Many airlines have already started undertaking salary cuts for their employees, including leave without pay and laying off pilots and crew ...

"The strong passenger demand is offset by capacity additions leading to intense competition and continued pressure on yields," it said.

ICRA downgraded the long-term rating to A+ from AA and reaffirmed the short-term rating of A1 on the loan facilities.

The stock fell 7.36 per cent to hit a low of Rs 182.60 on BSE.

The projections, however, do not include the financials of full-service carrier Vistara and budget airline AirAsia India.

GST on the economy class air travel has been finalised at 5%, which is 100 basis points lower than the existing service tax rate while the ...

Credit rating agency ICRA, an affiliate of Moody's, has assigned an investment grade rating (BBB-) to Jet Airways, the airline said.

Jet Airways executives are expected to meet the domestic rating agency Icra tomorrow following a downgrade of its debt rating after the air...

During the day, the scrip declined by 5.13 per cent to Rs 232. At the NSE, the airline's scrip fell by 4.86 per cent to Rs 232.80.