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Akasa Air loss widens 37%to Rs.2716 crore in FY26

New Delhi, Aug. 11 -- Mumbai:Akasa Air'sconsolidatednet loss widened 37 per cent to Rs.2716 crore in FY 2026due to rupee depreciation.The airline had reported a net loss of Rs.1983.5 crore in FY 2025.... Read More


Akasa Air to ramp up operations with aircraft addition, loyalty programme

New Delhi, Aug. 7 -- Mumbai:Akasa Air signalled quicker capacity expansion and rolled out a loyalty programme as it completed four years of operations on Friday. Akasa Air operates 40 aircraft to 36 ... Read More


Chalet Hotels adds Athiva hotels in Pune, Hyderabad

New Delhi, Aug. 6 -- Chalet Hotels is expanding its portfolio under its Athiva brand by adding two properties in Pune and Hyderabad, the company announced on Thursday. These will add 381 keys in two ... Read More


Akasa Air secures Rs.740 crore ECLGS loan from IndusInd Bank to strengthen liquidity

New Delhi, Aug. 6 -- Akasa Air has secured Rs.740 crore working capital loan from IndusInd Bank under the Emergency Credit Line Guarantee Scheme (ECLGS). The Mumbai-headquartered airline is the secon... Read More


Spotlight: Tewolde Gebremariam - A Proven Navigator

New Delhi, Aug. 6 -- Ethiopian Airlines faced it's toughest test in March 2019following a fatal air crash involving a Boeing 737 Max aircraft that also raised questions about pilot training. As the a... Read More


Edelweiss arm RYP acquires office park in Pune

New Delhi, Aug. 5 -- EAAA, the alternatives arm of Edelweiss, through its flagship commercial real estate fund - Rental Yield Plus (RYP) - has acquired a Grade A office park in Pune, spanning approxim... Read More


Thomas Cook India hopes recovery in long haul biz in H2 FY 2027

New Delhi, Aug. 4 -- Thomas Cook India management is pinning hopes on improvement in long haul business in second half of FY 2027. While domestic and short haul international business has shown resili... Read More


Accor, InterGlobe shelve Treebo acquisition plan

New Delhi, Aug. 3 -- Accor and budget hotel platform Treebo have called off their strategic partnership, including proposed equity investment. The France-headquartered hotel chain that has brands such... Read More


Spotlight: Willie Walsh to pilot IndiGo's global ambitions

New Delhi, Aug. 3 -- In a nearly five-decade-long aviation career, Willie Walsh has donned several hats -Boeing 737 captain, pilots' union negotiator, chief executive officer of airlines and finally D... Read More


IndiGo operates Navi Mumbai airport's first cargo flight, plans regular freighter service

New Delhi, Aug. 2 -- IndiGo operated a cargo flight from Navi Mumbai to Sharjah on Saturday, marking the launch of freighter services at the greenfield airport. IndiGo operated its Airbus A321 freigh... Read More