Novelis finally buys Aleris, but what about the timing?
Kumar Mangalam Birla’s Hindalco seeks to expand into high-value aluminium downstream products in industries like aerospace with the acquisition, which faced regulatory hurdles
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April 2020
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Indian carriers to buy 2,380 aircraft in 20 years
Even as Indian companies are ordering aircraft this winter to cope with increased demand, a forecast by aircraft major Boeing says that the industry is on a good course for the next two decades.
SpiceJet reports a profit of ₹261.7 crore
The budget airline has recognised expenses in aircraft lease rentals of ₹114.1 crore as ‘other income’, which has helped it achieve its highest-ever quarterly profit.
Vistara inks $3.1 billion deal for 19 planes
The airline plans to launch international operations later this year.
Jet Airways aims to reduce non-fuel costs
The airline intends to maximise profit from its code-sharing agreements with foreign carriers such as Etihad and Air France-KLM.
Runway Rush
Airbus is the big winner from the low-cost aviation boom in India, with more orders than rival Boeing, which is exceptionally strong in the long-haul segment.
Cautious customer
New aircraft makers, including the Chinese, are eyeing India. But carriers here are waiting to see how the planes fare in other countries.
