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Aviation
ICRA lowers Indian airlines’ loss estimate by 33%

ICRA lowers Indian airlines’ loss estimate by 33%

ICRA has revised its forecast for Indian airlines' cumulative net losses for FY25 and FY26, lowering the estimate by 25-33% due to improved pricing power and a stable cost environment. The new estimate is INR

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ATOAI Convention 2023 to bring the Spotlight on Gujarat as an Adventure Destination

ATOAI Convention 2023 to bring the Spotlight on Gujarat as an Adventure Destination

[caption id="attachment_23385" align="alignleft" width="218"] Ajeet Bajaj, President, ATOAI[/caption] The Adventure Tour Operators Association of India (ATOAI) is set to commence its three-day Convention today at Statue of Unity in Gujarat. The event will provide a

Outbound
Bhutan reduces SDF to woo dollar-paying tourists

Bhutan reduces SDF to woo dollar-paying tourists

The Government of Bhutan has announced its decision to reduce sustainable development fees (SDF) for dollar-paying tourists in an attempt to revive the tourism sector. The Ministry of Industry, Commerce and Employment announced a 50

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Airlines in India expected to report net loss of INR 5,000-7,000 cr in FY24: ICRA

Airlines in India expected to report net loss of INR 5,000-7,000 cr in FY24: ICRA

Indian airlines are expected to see a sharp drop in net losses to INR 5,000-7,000 crore this fiscal as they continue to witness healthy passenger traffic growth and improvement in their revenue, rating agency ICRA

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