Paint, airline stocks surge as crude prices slump; IndiGo, SpiceJet, Asian Paints gain up to 8%
Brent crude oil dropped more than 12% overnight to retreat from a 13-year high of $130 a barrel touched in the previous session.
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March 2022
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Former Vistara, SpiceJet executive Sanjiv Kapoor appointed as CEO of Jet Airways
Sanjiv Kapoor, a former senior executive at Vistara and SpiceJet, has been appointed as the CEO for the revival of low fare carrier, Jet Airways.
Domestic air traffic slumps 43% in Jan as Covid-19 hit
Domestic passenger traffic plummeted by around 43% to an estimated 64 lakh in the first month of 2022 compared with 112 lakh in December 2021.
IndiGo, Air India, SpiceJet, Vistara — how airlines cope with Covid
As India's air traffic slowly stabilises, a look at the different airlines' fleet and aircraft utilisation presents a very real picture of the ground reality.
Covid-19 batters airlines: $201 billion in losses
International restrictions, quarantine measures hampering air travel, says IATA report
Time ripe for airline disruptors
‘Big bull’ Rakesh Jhunjhunwala’s foray into aviation may just be the beginning of new entrants into the industry.
Big bull Jhunjhunwala to start an airline
While speaking at a virtual panel discussion, ace investor Rakesh Jhunjhunwala said he "loves it" when people say “you want to be a millionaire and that’s why are investing in an airline.” Read on.
Airports Authority of India: Exiting the terminal
The Airports Authority of India’s planned exit from four metro airports and its privatisation drive has raised concerns about ‘private monopoly’. But the government is clear: monetise public assets.
Aviation: It isn’t a fine autumn sky
Indian aviation is flying through heavy turbulence despite the government’s pro-industry directives. And the surge in Covid-19 cases across India is making matters worse.
The long, tough road back to a new normal
The cautious easing of the lockdown in several states and the reverse migration of labour will make a return to normal economic activity a difficult task.
