Sunday, 26 June, 2022
TopicAirline industry

Topic: airline industry

These airlines could go bankrupt due to the coronavirus crisis

Using Z-score method to predict bankruptcies, Bloomberg News filtered out listed commercial airlines to identify the ones most at risk of going bust.

Global airlines carnage deepens as Singapore Airlines, Emirates slash flights

Airlines, estimated to be facing more than $100 billion in lost revenue this year, are being forced to make unprecedented groundings and furloughing staff.

Wealthy turn to private jets to duck airlines and cut coronavirus risk

Commercial airlines have been among the hardest hit. Many have had to suspend flights as the coronavirus outbreak has curbed demand for travel.

This is how bad 2019 was for the airline industry

Plane crashes, economic slowdowns, and social unrest have affected the airline industry, which revised its last year's estimate of annual profits by $10 billion.

IndiGo hits turbulence as tussle between top bosses hurts company shares

IndiGo operator InterGlobe's shares tumbled as much as 19% amid concerns that a power struggle between co-founders Rakesh Gangwal and Rahul Bhatia will become prolonged.

Airlines responsible for their own financial performance, govt can’t interfere: Suresh Prabhu

Prabhu said that airlines prepare their own business plan on the basis of their own market assessment and financial resources.

On Camera

YourTurn

A Wimbledon court | Twitter/Wimbledon

Not Russia, a point-less Wimbledon 2022 affects young tennis players most

Young underdogs have often defeated tennis titans. But Wimbledon 2022 removing ranking points sets them back instead of making a geopolitical impact.
Credit: ThePrint team

‘All about helping Rajni’ — tech gurus at iSPIRT quietly power India’s digital revolution

With the fictitious Rajni from rural India as its guiding light, iSPIRT has been using internet & software to change structure of country’s economy, with aim to improve quality of life.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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