SpiceJet Q2 loss widens 36% to ₹621 crore
SpiceJet's net loss surged 36% YoY to ₹621 crore in Q2 FY24, hit by forex losses and grounded fleet. Revenues fell 15%. Can its ₹4,172 crore fundraise fuel a turnaround?
Category : Search result: aviation sector
India's banking expansion: Size isn't everything
India aims to create global banking giants, but experts warn size alone doesn't ensure better outcomes. Learn why commercial logic should drive mergers, not policy mandates.
Air India-Vistara Merger: 1 Year Progress Report
One year after the Air India-Vistara merger, the airline faces fleet reduction, market share fluctuations, and delayed transformation targets. Analysis of the challenges and future outlook.
BCAS Makes Secondary Ladder Checks Mandatory
India's aviation security watchdog BCAS mandates secondary ladder point checks for all flights. New security protocol enhances passenger safety across Indian airports.
SC: No One in India Believes Pilot Caused Air India Crash
In a landmark ruling, India's Supreme Court has dismissed allegations against Captain Sumeet Sabharwal for the 2010 Air India Express crash, stating the nation doesn't hold the pilot responsible. The court's powerful statement brings closure to a 14-year
Polaris Deploys 10M Smart Meters Across India
Polaris Smart Metering is transforming India's power sector with 10 million smart meters deployment nationwide. Discover how they're doubling market share and revolutionizing energy management.
Kentucky Vigil for UPS Plane Crash Victims That Killed 12
A somber vigil is being organized in Kentucky to honor the memory of at least 12 individuals who lost their lives in the tragic UPS cargo plane crash. The community comes together to share grief and support affected families.
India Retains Bank Shareholder Voting Rights Cap at 26%
Exclusive: Indian government plans to maintain 26% cap on voting rights for major bank shareholders, ensuring regulatory control while balancing foreign investment interests in banking sector reforms.
Bangajit Saha Takes Charge as Dibrugarh Airport Director
Seasoned aviation professional Bangajit Saha takes charge as Director of Dibrugarh Airport, bringing extensive experience to boost regional air connectivity and infrastructure development in Northeast India.
India to Launch Sustainable Aviation Fuel Policy Soon
India prepares to unveil its Sustainable Aviation Fuel policy, marking a pivotal shift toward eco-friendly air travel and reducing aviation emissions significantly.
Indigo Soars 3.5% Despite Q2 Loss: Bullish Signals Explained
Discover why Indigo's stock defied gravity with a 3.5% surge despite widening losses. From revenue growth to capacity expansion, we break down the surprising factors driving investor confidence in India's aviation giant.
Goyal, Air NZ CEO Discuss Indian Aviation Opportunities
Union Minister Piyush Goyal meets Air New Zealand CEO Greg Foran to discuss expanding aviation opportunities, boosting tourism, and strengthening India-New Zealand economic ties.
Indian IT Navigates AI Storm with Top Client Focus
Discover how India's $245 billion IT industry is navigating AI uncertainties by strengthening relationships with top global clients while maintaining steady revenue growth.
IndiGo's International Strategy Shields Against Rupee Risk
IndiGo is strategically expanding its international operations while adopting an owned-aircraft model to mitigate rupee depreciation risks. Discover how this move positions India's largest airline for global dominance.
American Airline's Kenai Aviation Collapses, Halts All Flights
Kenai Aviation, owned by American Airlines, ceases all operations amid financial insolvency. Pandemic-era debt and economic pressures blamed for the airline's dramatic collapse.
PSU Banks Record ₹49,456 Cr Profit in Q2
India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.
American Airlines Cuts Hundreds of Jobs at Texas HQ
American Airlines reveals significant workforce reduction at Fort Worth headquarters after reporting disappointing third-quarter results, signaling restructuring amid financial challenges.
IndiGo Profit Dives 94% on Forex Loss, Eyes Global Routes
India's largest airline IndiGo reports 94% profit drop in Q2 as foreign exchange losses hit hard. The carrier now plans aggressive international expansion to counter currency volatility and boost revenue.
IndiGo's Cash Reserve Strategy Amid Record Profits
IndiGo reports record profits but signals caution with massive cash reserves. Discover why India's aviation giant is preparing for potential headwinds despite strong quarterly performance.
IndiGo Q2 Loss Widens to ₹2,582 Crore
India's largest airline IndiGo reports widened quarterly losses amid currency volatility and operational challenges. Discover how the weakening rupee impacted their financial performance.
IndiGo's Q2 Nightmare: ₹2,582 Crore Loss
India's largest carrier IndiGo reports massive quarterly loss as foreign exchange turbulence and rising costs ground profitability. Detailed analysis inside.
IndiGo Q2: Revenue Rises But Losses Widen on Forex Costs
India's largest airline IndiGo reports widened net loss despite 9.3% revenue growth as foreign exchange costs create major headwinds. Here's what investors need to know.
IndiGo Posts ₹2,582 Crore Q2 Loss on Forex Woes
IndiGo reports massive ₹2,582 crore Q2 loss due to foreign exchange impacts, while revenue climbs 9% year-over-year. Discover how cost pressures are challenging India's largest airline.
SpiceJet Appoints Sanjay Kumar as Executive Director from Nov 2025
In a major leadership overhaul, SpiceJet announces Sanjay Kumar's promotion to Executive Director effective November 2025, signaling strategic changes for the airline's future growth and operational excellence.
AI-171 Crash Survivor: 'I Sit Alone, Not Talking'
Five months after the Air India Express flight AI-171 crash, the only survivor from seat 11A shares his haunting trauma and isolation in an emotional exclusive interview.
Ahmedabad Air India Crash Survivor's 30-Year Trauma Plea
Exclusive: Thirty years after the Ahmedabad Air India plane crash that killed 91 people, the only survivor shares his ongoing trauma and appeals for government support in an emotional plea for justice.
IndiGo Q2 Results: Aviation Giant's Earnings Preview
As IndiGo prepares to announce Q2 earnings, analysts watch closely to see if the airline can maintain profitability amid rising costs and competitive pressures. Will India's largest carrier continue to soar?
IndiGo Q2 Profit Soars to ₹1,943 Crore
InterGlobe Aviation's IndiGo reports staggering 95% revenue growth and returns to profitability with impressive Q2 results, signaling strong recovery in Indian aviation sector.
Powercom Contract Workers Strike in Jalandhar
Contract workers at Punjab State Power Corporation Limited stage massive protest in Jalandhar, demanding job security and opposing privatisation moves that threaten their livelihoods.
Boeing's Viral Cloud Flight: AI or Real? Internet Divided
A stunning video of a Boeing aircraft cruising above clouds with dazzling white contrails has taken social media by storm, sparking intense AI vs. reality debate among netizens.
Page 1 of 4