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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...- India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...
- 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...
- India's Russian crude imports hit record in Jun even as Moscow's oil revenues slipIndia's Russian crude oil imports reached a record high in June. This surge made India the second-largest buyer of Russian hydrocarbons glo...
- 2027 Honda Jazz unveiled in Japan with refreshed design, new RS variant; will it return to India?Honda unveiled the refreshed 2027 Honda Jazz, marking its 25th anniversary. The updated model features revised features and a sportier RS v...
- Russia's diesel export ban deepens global supply crunchRussia's diesel export ban has significantly impacted global energy markets. This action exacerbated existing fuel shortages and drove pric...
- The return to flying faster than sound will start smallThe FAA's proposal to lift the decades-old ban on supersonic flights over land could revive civilian faster-than-sound travel. Powered by q...
- EasyJet accepts rival takeover bid by US investor ApolloUS private equity firm Apollo has made a higher offer for EasyJet. This new bid surpasses Castlelake's previous proposal for the British ai...
- SpaceX and AI startup wealth fuels demand for private jetsThe IPO of Elon Musk's SpaceX, whose holdings include artificial-intelligence firm xAI, raised a record $85.7 billion for the company and g...
- Western Europe logs hottest June on record as climate change fuels harsher heatwavesWestern Europe recorded its hottest June ever as a severe heatwave gripped the continent. This extreme weather event followed an early spri...
- Air India sets up interim management committee amid CEO delayTata Sons chairman N Chandrasekaran is setting up an interim management committee for Air India. The airline faces a delay in appointing a ...
- Cathay Pacific cuts fuel surcharges again as jet fuel prices easeCathay Pacific Airways will reduce fuel surcharges on most passenger flights starting July sixteenth. This marks the third reduction since ...
- Why Hormuz windfall may prove short-lived for oil refinersGlobal refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventorie...
- US in talks on Europe missile co-production, source saysThe United States is discussing missile co-production with European allies. Germany and other nations are considering a maintenance facilit...
- EasyJet shares reveal deal risk as $7.3 billion takeover advancesEasyJet shares surged after agreeing in principle to a £5.5 billion takeover by Castlelake, though the stock remained below the offer price...
- EasyJet shares rally 10% on potential $7.3 billion acquisition by CastlelakeEasyJet shares jumped nearly 10% after the airline reached an agreement in principle with US investment firm Castlelake over a potential $7...
- OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...
- Air India cuts fuel surcharges for North America, Europe flightsAir India has significantly reduced fuel surcharges on flights to North America, Australia, Europe, and the UK, effective July 1. This move...
- Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
- Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
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