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Manu Kaushik
New Delhi, November 14, 2018
All these carriers have been majorly hit by two cost components - aviation turbine fuel (ATF) costs and currency fluctuations.


PTI
November 14, 2018



BusinessToday.In
November 14, 2018
Oil prices posted the deepest plunge in more than three years in the international market. Brent crude, used to price international oils, dropped to $65.17 a barrel. Oil has now fallen roughly 30 percent for 12 straight days, driven by worries over rising oil production around the world and weakening demand from developing countries, with expectations for increased supply from the US and OPEC.


BusinessToday.In
November 13, 2018
Brent crude prices were trading at $68.15 per barrel, down 2.08% from their previous close. Benchmark US crude fell 78 cents to $59.15 per barrel in electronic trading on the New York Mercantile Exchange. The contract sank 26 cents on Monday to $59.93.


PTI
November 13, 2018
However, most Asian markets ended lower after a rout in tech stocks, tracking a hefty sell-off on Wall Street, while the dollar hit a 16-month peak on safe haven bets amid China-US trade war worries.


PTI
November 13, 2018



PTI
New Delhi, November 12, 2018
Another crippling factor was the forex loss, which jumped more than six-times to Rs 416.69 crore from Rs 72.99 crore in the year-ago period.


PTI
November 12, 2018



PTI
November 11, 2018



BusinessToday.In
New Delhi, November 9, 2018
FM Arun Jaitley says Mastercard, Visa losing out to RuPay and UPI after demonetisationIndia's finance minister has said that Mastercard and Visa were losing market share to domestic payments networks, months after Mastercard complained to the U.S. government that Prime Minister Narendra Modi was using nationalism to promote a local rival. Finance Minister Arun Jaitley spoke about the surging growth of RuPay and Unified Payment Interface (UPI), which allows swift inter-bank fund transfers, on ...


PTI
November 9, 2018



PTI
November 8, 2018



PTI
November 7, 2018



Manu Kaushik
New Delhi, November 1, 2018
In India, Plaza Premium has opened its 11th lounge recently in Ahmedabad after Hyderabad, Bangalore and New Delhi. It employs close to 1,000 people in the country and serves over 9,000 passengers every day.


PTI
November 1, 2018



BusinessToday.In
New Delhi, October 31, 2018
Apple launch event: New MacBook Air, iPad Pro and iMac Mini launchedApple Inc unveiled three new hardware offerings at its latest launch event on Tuesday. The event in Brooklyn, New York saw the new iterations of the MacBook Air, the iPad Pro and the iMac Mini being launched. Among today's launches, Apple MacBook Air now gets the Retina Display, slimmer bezels, USB Type-C ports, and even a 3.5mm audio jack. The iPad Pro has also been refreshed with slimmer bezels and reduced footprint, FaceID...


Mail Today Bureau
New Delhi, October 31, 2018
The carrier has narrowed its losses and seen average fares rise this year as customers take to its product offering, including a domestic premium economy class.


BusinessToday.In
October 29, 2018
Jet Airways founder chairman Naresh Goyal has reportedly approached Mukesh Ambani in his personal capacity.


PTI
October 26, 2018



BusinessToday.In
October 25, 2018
With crude oil prices reaching new highs and rupee depreciating around 13 per cent against the US dollar since the beginning of the year, the headwinds faced by India's airlines are showing no signs of abating.


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