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1 min read

Indian carriers to report $1.6-1.8 billion consolidated loss in FY24 says industry body CAPA

According to CAPA India, Indian airlines are estimated to have a net induction of 132 planes ne…

PTI   


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India’s first quarter GDP may surpass RBI MPC projection

​​​The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…

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1 min read

IndiGo Q4 profit jumps to Rs 1,895 crore; Strong execution of company strategy key, says CEO

InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Thursday reported more …

PTI   


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Indian airlines likely to prune losses to Rs 3,000-5,000 cr this fiscal: ICRA

Indian airline industry is expecting to prune its net losses to Rs 3,000-5,000 crore in this fiscal…

PTI   


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3 mins read

The skies are clearer for IndiGo stock to surge further as Go First’s troubles mount

India’s largest airline InterGlobe Aviation (IndiGo) has a lot to cheer if its peer Go First fails …

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Pie In The Sky: Indigo set to be biggest beneficiary of duopoly in the sector

The stars are aligning for India’s largest airline Interglobe Aviation. The airline is expected to …

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Go First has lengthy history of missing financial obigations, says Pratt & Whitney official

In another statement, Pratt & Whitney said it was "committed to the success of our airline customer…

ANI   


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Congenial environment for aviation sector; airlines to have 1,200 planes by FY'24: Survey

New Delhi, Jan 31 () Indian aviation sector "re-established" its resilience this fiscal despite a l…

PTI   


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Congenial environment for aviation sector; airlines to have 1,200 planes by FY'24: Survey

New Delhi, Jan 31 () Indian aviation sector "re-established" its resilience this fiscal despite a l…

PTI   


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6 mins read

Tata's mega aviation merger is poised for flight, but the skies are not clear yet

It’s been less than a decade since the Tatas re-entered the aviation sector – via joint ventu…

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3 mins read

Go First says 'serial failure' of P&W engines forced airline to approach NCLT

Go First on Tuesday said it has been forced to seek voluntary insolvency resolution proceedings due…

PTI   


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Morgan Stanley cuts India's GDP growth estimate to 7.2% in FY23

While there are signs of moderation in exports, Morgan Stanley said the domestic demand will provid…

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4 mins read

It’s not just COVID-19 ⁠— SpiceJet’s survival is getting challenged by rising costs, low cash, and new players with deep pockets

The odds of SpiceJet’s survival are turning against the Gurugram-based low-cost airline with every …

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4 mins read

Airport services aggregator DreamFolks Services IPO to open on August 24, price band at ₹308-₹326 apiece

Airport services aggregator platform DreamFolks Services is all set to open its initial public offe…

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3 mins read

Domestic air traffic to decline by 41-46pc in FY21 due to COVID impact: Icra

"As per our study, though restricted recommencement of domestic air traffic has begun, this will in…

PTI   


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India Inc's credit ratio drops to 3-year low in second half of FY20: Crisil

Its senior director Somasekhar Vemuri said 44 per cent of the rated debt in 15 sectors shows a hig…

PTI   


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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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Domestic air passenger traffic grows to about 138.9 million in May, sees 5.1% annual increase: Icra

Domestic air passenger traffic grew 5.1 per cent year-on-year to an estimated 138.9 million in May …

PTI   


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SpiceJet shares climb over 3% after earnings announcement

The stock climbed 7.35 per cent to Rs 60 during the day on the BSE. It ended at Rs 57.70, up 3.24 p…

PTI   


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4 mins read

India’s corporates in ‘wait and watch’ mode as consumption loans zoom

Large corporates are still not driving India’s credit growth as private capital expenditure is yet …