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Tag: quarter

Aviation
September Quarter Sees Airfare Hike, Expected Further Rise in Q3

September Quarter Sees Airfare Hike, Expected Further Rise in Q3

According to a report in The Hindustan Times, flying expenses could soar in this September quarter due to increased traveller interest during festival weekends. Airlines, already facing aircraft shortages, may struggle to meet demand. Additionally,

OTAs
Ixigo reports INR 73cr profit for FY24 with 38% growth in GTV

Ixigo reports INR 73cr profit for FY24 with 38% growth in GTV

Ixigo has posted profit of INR 73 crore in FY24 compared to INR 23 crore in the last fiscal. Its total income stood at INR 665 crore, up 28.6 per cent from INR 517 crore

Aviation
Despite 5% increase in profit for Q3, SIA faces cost challenges due to fuel costs

Despite 5% increase in profit for Q3, SIA faces cost challenges due to fuel costs

Singapore Airlines Ltd. (SIA) has reported a 5% increase in third-quarter profits, reaching SGD 659 million (USD 490 million) compared to the same period last year. The airline also witnessed a 5% surge in revenue

OTAs
Yatra surpasses INR 110-crore revenue during Q3, FY24

Yatra surpasses INR 110-crore revenue during Q3, FY24

Yatra has reported positive financial results for the third quarter of the fiscal year 2024 (Q3 FY24), signalling a strong rebound after a challenging second quarter. The company recorded profits and surpassed the INR 110

Outbound
Japan slides into recession, loses third-largest economy status

Japan slides into recession, loses third-largest economy status

In a surprising turn of events, Japan's economy has slipped into recession for the second consecutive quarter, fuelled by sluggish domestic demand. This downturn has led to the re-evaluation of Japan's global economic standing, causing

Aviation
DGCA allows IndiGo to wet lease 11 A320s

DGCA allows IndiGo to wet lease 11 A320s

The Directorate General of Civil Aviation (DGCA) has given approval to IndiGo to wet lease 11 A320 planes as airline grapples with capacity challenges due to P&W engine woes, according to officials. IndiGo operator Interglobe

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