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'Airlines still emerging from the blow of covid pandemic'

Mint Mumbai

|

June 27, 2023

The way forward for airlines facing financial difficulties, such as Go First, is to work with customers, according to Boeing

- Anu Sharma

'Airlines still emerging from the blow of covid pandemic'

New Delhi: The sudden suspension of 17-year-old Go First airline over engine issues has been a shocker for global aviation players as companies show concern over the industry’s struggle due to covid, supply chain issues post the pandemic.

This is a welcome change from earlier, when an airline failure in India always led to discussions on the sustainability of the India market. The fact is that the Indian aviation market has been an outlier in terms of return of passengers post-covid with airlines ferrying record number of passengers, thus, making the Indian market lucrative for many across the globe.

Mint Mumbai からのその他のストーリー

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Rupee rumbles

The Indian rupee on Friday slumped to a record low of about 89.60 to the US dollar, zipping past the 89 mark for the first time.

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Claims on dubious pre-IBC deals swell

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'Stay invested in the stock market, everything is for the long haul'

Veteran value investor Ramesh Damani is ignoring doomsday warnings about a US tech stock correction and noises surrounding corporate earnings growth trajectory back home, staying loyal instead to his credo of long-term investments, using a bottom -up approach. He remains unconcerned about short term market corrections, advising investors to

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CHINA HAS MINERALS, INDIA HAS ITS PEOPLE

In 1992, Chinese leader Deng Xiaoping reportedly said that if West Asia had oil, China would have rare earths.

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Rupee may decline further as RBI has little elbow space

The local currency market is bracing for more weakness in the coming weeks, after the rupee sharply slid to a record low of 89.41 against the US dollar within the last hour of trade on Friday.

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Labour codes could act as an economic catalyst

If enforced as envisioned, the four codes can yield a more secure workforce and strengthen India's economy. Employers should not just comply but also focus on their collective interest

time to read

2 mins

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OYO Assets gets 125 cr fresh funds

OYO parent PRISM-backed OYO Assets has raised ₹125 crore in a fresh funding round from a clutch of institutional and private investors led by InCred, people aware of the development said.

time to read

1 min

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Will realty keep the pre-sale pace?

Listed realty firms are banking on new launches to drive pre-sales in H2FY26.

time to read

2 mins

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Mint Mumbai

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How new labour codes impact your gratuity, PF

The new labour codes have overhauled how wages, gratuity, provident fund (PF), pension and other social security benefits are calculated. These changes impact employees and employers alike.

time to read

2 mins

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INDIA’S TERROR THREAT SHIFTS CLOSER HOME

Life, once in a while, throws up events that brutalise your consciousness and traumatise you for the rest of your life. The terror attacks in Mumbai on 26 November 2008, and in Pahalgam and Delhi this year top such chilling incidents.

time to read

3 mins

November 24, 2025

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