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REVENUE DIVERSIFICATION IN AIRLINES
India Inc profit hit from West Asia tensions to halve if truce holds, Crisil saysCorporate India's profitability impact from the West Asia conflict is now expected to be half of initial fears, with Crisil Ratings predict...
One Dreamliner leaves, six routes go dark, but IndiGo unveils 'bigger' FY30 ambitionsIndiGo unveiled an ambitious plan to nearly double its scale by FY30, targeting 200 million passengers annually. The airline will focus on ...
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
The ‘Inevitables’: Warren Buffett's framework for finding companies that will dominate for decadesWarren Buffett divided the investment universe into Inevitables, Highly Probables, and Impostors. The Inevitables are companies whose domin...
IHCL shares in focus after Q4 results; firm highlights Iran-US war impact. Here’s what Morgan Stanley, other brokerages sayThe Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequenti...
Spirit Airlines shutting down: why did Spirit Airlines fail and how to get your refunds right nowSpirit shutting down: Spirit Airlines is shutting down today. Spirit grounded all flights now. Two billion dollars in debt killed the carri...
Why US stock market surging big today on final day of April? Dow Jones, S&P 500 and Nasdaq all in green as Dow jumps record 500 points — Nvidia, Intel and Meta Platforms stocks crashUS stock market surging big today. Dow Jones, S&P 500 and Nasdaq rally as Dow jumps record 500 points. A powerful mix of blowout earnings, ...
Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...
IHCL's diversification strategy shields growthIHCL MD and CEO Puneet Chhatwal said escalating West Asia tensions may impact global travel in the near term, but the hospitality sector re...
Iran war impacts India's aviation sector; fuel costs, route diversions key concerns: EYWest Asian conflicts are significantly impacting India's aviation sector, driving up fuel costs and forcing flight reroutes. Airlines face ...
Buy, Sell or Hold: Goldman Sachs cuts target price on IndiGo; Morgan Stanley remains overweight on ITCBrokerages remain selectively bullish across sectors, with Morgan Stanley backing Grasim and ITC, while Goldman Sachs trims IndiGo’s target...
Why are US stock market indexes up today, and Dow Jones, S&P 500 and Nasdaq are in green now? Wall Street rise, biggest gainers and losers, analysts insights and market outlook. Here's what should investors do nowWhy are US stock market indexes up today, and Dow Jones, S&P 500 and Nasdaq are in green now? US stocks moved higher as investors tracked F...
IndiGo bets on global push for cargo business growthIndiGo CarGo aims for double-digit revenue and tonnage growth by expanding international operations and improving aircraft utilization. The...
Airlines are price takers, they do not have influence on prices they pay: IATA Chief EconomistAirline ticket prices have not kept pace with inflation. Airlines struggle with high costs like jet fuel and administrative fees. They are ...
Stocks in news: Adani Enterprises, TVS Motor, Hero MotoCorp, Britannia, Marico, PaytmThe company reported an over 2-fold YoY rise in consolidated net profit for the March quarter to Rs 722.5 crore. Revenue increased 26% YoY ...
New Saudi airline plan takes aim at Emirates, Qatar AirwaysTwo people familiar with the matter said the new airline would boost international routes and echo existing Gulf carriers by carrying peopl...
Unconscionable account, Vinod Rai: Is all fair in love and marketing one’s book?Vinod Rai’s blundering did serve to rouse public anger against corruption — corruption there was, even if his loss-to-exchequer estimates w...
Federal Bank plans to open office in DubaiThe bank is also exploring the possibility of entering the credit card business in 2015-16 as part of its diversification drive.
- SpiceJet eyeing cargo biz, readying own infrastructure
As part of its diversification plans, low-cost airline SpiceJet is aggressively looking at cargo business and has already started putting i...