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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
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…
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
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
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 …
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 …
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
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
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
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…
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
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…
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 …
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…
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
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
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…
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
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
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 …