Tag: Airlines

Can A VAT Cut Give Wings?

Against this backdrop, the Tamil Nadu government has announced significant reductions in Value Added Tax (VAT) on ATF used by domestic scheduled airlines. This...

Cabinet approves Rs 10,000 crore price stabilization fund for airlines

The Centre has capped aviation turbine fuel at Rs 75.6 per litre for domestic operations. The aviation sector has been impacted by unprecedented volatility in...

Union Cabinet approves credit guarantee scheme

The coverage will be provided  to Member Lending Institutions (MLIs) by National Credit Guarantee Trustee Company Limited (NCGTC) for the amount in default under...

Air India CEO Campbell Wilson resigns

Wilson had conveyed his intention to step down in 2026 to Air India Chairman N. Chandrasekaran in 2024 and, since then, has been working...

Free Seats Or Bust? Aviation Ministry’s Gambit

The airline body, Federation of Indian Airlines (FIA) has written to the government on behalf of all airlines to protest against this. However, they...

IndiGo to levy fuel charge on domestic, international routes

This measure is taken due to the significant surge in fuel prices following the ongoing geopolitical issues in the Middle East. IATA's Jet Fuel...

Emirates resumes full operations

The airline swiftly implemented its contingency and disruption protocols, resulting in only a handful of flight cancellations and some rerouted paths due to temporary...

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Temasek-backed Sembcorp Green Infra gets SEBI nod for IPO

The proposed IPO comprises a fresh issue of Equity...

Chennai to Host Plumbing Conference, after 9 years

The conference will bring together water, plumbing, sanitation and...

Bodhi Tree Systems to invest $180 mln in A2B

The investment will help scale A2B nationally and across...

Retail inflation crosses 6% in October

“October's inflation print was less a surprise than a...

Brazil’s WEG to invest Rs 2,000 crore in Dharmapuri

The company had earlier evaluated multiple states and following...