Aviat Financial News

16.04 / 08:09
Aviat Airlines Boeing show track Two Air India flights flew over Iran airspace a few hours before Israel attack
New York to Mumbai and from Mumbai to London, respectively, on April 13 and April 14 above the Persian Gulf and Gulf of Oman when the shadow of a conflict between Iran and Israel loomed large, showed data by Flightradar24, a website that tracks flights. Iran attacked Israel over the weekend, firing at least 300 drones and missiles. Iran’s military assault was expected for days after tensions between the two countries ratcheted up on April 1, when fighter jets struck a building that is part of the Iranian Embassy at Damascus in Syria.
16.04 / 06:45
Aviat Action Airlines information Department Destinations Delhi Police DCP shares 'harrowing experience' in IndiGo's Ayodhya-Delhi flight, says 'staff started puking'
Satish Kumar, who is DCP Crime in Delhi Police, has recently shared his harrowing experience onboard IndiGo's flight from Ayodhya to Delhi. In a tweet, Kumar shared the flight got delayed multiple times and by the time it landed at the destination, it has just 1-2 minutes fuel left. The flight, scheduled to depart at 3:25 pm and arrive at 4:30 pm, faced challenges as bad weather disrupted plans. The pilot informed passengers at approximately 4:15 pm about the weather conditions at Delhi airport, stating the aircraft had 45 minutes of holding fuel. «The pilot attempted landing twice, couldn’t due to bad weather and still wasted lot of time deciding the next course of action. At 5:30 p.m. (after a lapse of 75 minutes since the Holding fuel announcement) the pilot announced that he’ll finally attempt landing at Chandigarh. By that time lot of passengers and one of the crew staff started puking out of panic. Finally the plane managed to land at 6:10 p.m. at Chandigarh Airport after a lapse of 115 minutes since the 45 minutes Holding fuel announcement,» he added.
16.04 / 05:41
Aviat Oil prices rise amid Middle East tensions
₹9,600 a tonne with effect from Tuesday. The levy stood at ₹6,800 a tonne for the past two weeks.
15.04 / 18:07
markets Target Aviat Experts cover India raises windfall tax on petroleum crude to ₹9,600 effective from April 16
₹6,800 to ₹9,600 per metric ton, effective April 16. This tax adjustment, which occurs every two weeks, will remain at zero for diesel and aviation turbine fuel. Earlier, on April 4, the government had raised the windfall tax on petroleum crude from ₹4,900 to ₹6,800 per metric ton.
15.04 / 11:07
markets Aviat Manufacturing President hospital reports Flexi staffing industry grows 3.6 pc in December qtr FY24 : Report
Indian Staffing Federation (ISF) said on Monday. ISF, the apex industry body representing manpower outsourcing industry, released the Flexi Staffing Industry Employment growth report for Q3 FY2024 (October-December 2023). The staffing industry witnessed a 3.6 per cent growth in December quarter FY24 in comparison to July-September period, recording a robust demand for flexi (contract) workforce, ISF said in a statement.
15.04 / 08:47
markets UPS Aviat security Trade reports Share price of InterGlobe falls as Nifty weakens
InterGlobe Aviation Ltd. slipped 1.29 per cent to Rs 3642.1 in Monday's trade as of 02:00PM (IST). The stock hit a high price of Rs 3693.0 and low of Rs 3553.0 during the session. The return on equity (ROE) for the stock stood at 0.0 per cent. Traded volume on the counter stood at 02:00PM shares and turnover at Rs 11.19 crore around that time. The stock of InterGlobe Aviation Ltd. quoted a 52-week high price of Rs 3849.45 and 52-week low prices of Rs 1874.0, respectively.
15.04 / 08:47
Aviat WhatsApp Schools International Oman flash floods: 12, including one from Kerala, dead; schools shifted to online mode
Oman News Agency. The expatriate who died was identified as Sadanandan, a Kollam native, after a wall collapsed on him, according to Onmanorama.com.
14.04 / 17:25
Aviat Airlines Trade travelers Iran-Israel conflict: Aviation, shipping sectors brace for disruption
NEW DELHI, MUMBAI : The ongoing conflict between Iran and Israel could disrupt the aviation and shipping industries, sparking concerns over air travel safety and maritime security worldwide, besides a potential rise in airfares, increased war-risk premium for vessels operating in the area, as well as risks to agriculture trade. Following Iran's recent attack on Israel with drones and missiles, several countries in the region, including Iran, Jordan, Iraq, Lebanon, and Israel, temporarily closed their airspaces on 12 April as a precautionary measure, before reopening on 14 April, albeit with restrictions.
14.04 / 10:01
Citizens Aviat Platform Election President country Second batch of Indian military personnel leaves Maldives: President Muizzu
India to the Maldives has left the island nation as demanded by him, President Mohamed Muizzu has said. Muizzu, a pro-China leader, also reaffirmed that foreign ambassadors in Male will not wield authority over him emphasising that ultimate power rests with the citizens. Last month, he had alleged that his predecessor Ibrahim Mohamed Solih operated on the orders from «a foreign ambassador» without naming any country. He announced the withdrawal of the second Indian military contingent from the Maldives while speaking during a campaign event for the ruling People's National Congress party candidates ahead of the parliamentary elections scheduled for April 21.
14.04 / 08:45
markets Aviat CEO Action Airlines pandemic outbreak NOT US airlines ask the Biden administration not to approve additional flights between the US and China
The biggest U.S. airlines and their unions are asking the Biden administration to stop approving more flights to the United States by Chinese airlines
14.04 / 08:45
UPS Aviat Election shooting travelers Lok Sabha polls 2024: Hourly fares of chartered aircraft surge to ₹5.25 lakh
₹80,000 to 90,000 while it is about ₹1.5 to 1.7 lakh for twin-engine helicopters. However, during the election time, “Rate is higher at up to ₹1.5 lakh for single-engine helicopters and up to ₹3.5 lakh for twin-engine helicopters". For the chartered aircraft, the prices can vary between ₹4.5 lakh to ₹5.25 lakh per hour, he added.
12.04 / 17:19
Digital Aviat Sustainability Universities performer reports travelers Q4 Results Preview: Hotel industry likely to post double-digit revenue growth over robust demand
Q4 Results Preview: Aviation sector to post weak quarter as airfares soar high In terms of new hotels openings, the industry has seen 26 per cent growth in new hotel openings to 146 but a 10% decline in room additions to 9,833 between April 2023 and February 2024, as per HVS Anarock report. According to Elara Capital, strong leisure and growing business travel will continue to accelerate ARR growth and increase occupancy. The macroeconomic environment for India remains robust, which is expected to sustain demand for the hotel industry.
12.04 / 15:17
Aviat Dreams Adventure wellness blues travelers International Pilot Gopi Thotakura becomes first Indian space tourist to fly with Blue Origin: 'Dream can come alive'
ALSO READ: Jeff Bezos's Blue Origin to launch rocket Big Shepard for the first time since accident " ...I was always very keen to become an astronaut...after my flying in India and abroad, I started looking for opportunities where the original dream can come alive. That is when I got the opportunity with Blue...NH24 is scheduled and we will be going to lower earth orbit in the near future," he said. Thotakura also spoke about his career in aviation.
12.04 / 08:47
UPS Aviat Platform Airlines Mobile Software International Ramco Systems shares jump another 13.5% to hit 2-year high, up 44% in April so far – what's behind the rally?
Ramco Systems, a global aviation software specialist, jumped another 13.5% in today's trading session, reaching ₹386.90 apiece to hit a 2-year high. This strong rally has pushed the stock to gain 44% in April so far.
12.04 / 08:45
markets UPS Aviat Gap WhatsApp Trade InterGlobe shares decline 1.42% as Sensex slides
InterGlobe Aviation Ltd. traded at Rs 3742.4 on BSE at 01:59PM (IST) on Friday, down 1.42 per cent from previous close. The scrip quoted a 52-week low price of Rs 1865.7 and a high of Rs 3849.45.
12.04 / 06:35
markets UPS Waves Target Aviat wellness What to expect from TCS Q4 earnings? Sandip Sabharwal answers
«I think these are broadly the themes which from a stock market perspective could do well. Then, the power demand could go up and that could benefit some of the power companies supplying on merchant basis and I think that those stocks already also had some sort of run up because of this,» says Sandip Sabharwal, asksandipsabharwal.com. Let us begin by getting in your thoughts then on the latest brokerage notes as well that are coming in from something like a Zomato. JM Financial has raised the target price and categorically said there is no signs of slowing down. Your views? Yes, so I think among the new generation companies which got listed, Zomato has been the one which has shown the fastest turnaround. Now, the pace of turnaround I believe is already built into the stock prices and this is a normal phenomenon when price reaches a particular level, then the brokerage upgrades the price targets. But the price target is aggressive. So, even a small amount of slippage in expectations can lead to a sell-off. So, I would think that the stock is more than fairly valued at this price. I would believe that the valuations are on the higher side at 196 levels.
12.04 / 02:43
markets Aviat Action Airlines pandemic outbreak reports Why did US airlines urge Biden administration to stop approving any more flights to China?
Biden administration to stop approving any more flights between the United States and China. This comes as they said due to “anti-competitive" policies that China imposes on the US carriers. On Thursday, the airlines and unions claimed that China closed its market to US carriers at the outbreak of the pandemic.
12.04 / 02:11
Aviat security Sustainability President Universities country US, Japan, Philippines strike deals on defense, investment at leaders' summit
Joe Biden and Philippines President Ferdinand Marcos Jr. unveiled a wide range of agreements to enhance security and economic ties during meetings held at the White House this week. Here are some of the most notable:
11.04 / 18:55
markets COST Aviat CEO country International Expat CEOs a rare commodity in India Inc
According to data sourced from Prime Database, there are 28 non-India expat CEOs among the 2,521 CEOs cumulatively appointed by 2,048 listed companies at end of FY24. The number of expat CEOs has hovered around the same levels over the past decade with several being individuals of Indian origin. In a country that is a CEO factory for the world, an expat CEO remains an exotic species. India Inc has largely been homogeneous in its C-suite appointments with a clear preference for home-bred desi CEOs. This is due to a variety of reasons such as cost, culture fit, understanding of the market complexities & regulatory systems.
11.04 / 18:09
Aviat economy pandemic show country International China sanctions 2 U.S. defense companies and says they support arms sales to Taiwan
China has announced rare sanctions against two U.S. defense companies over what it calls their support for arms sales to Taiwan
11.04 / 18:09
Aviat Airlines security Discover stage country Lufthansa and cabin crew union reach a pay deal to end string of German aviation disputes
Lufthansa and a union representing cabin crew have reached a pay deal, concluding the last of several major disputes that have led to recent strikes at Germany’s biggest airline and in the country’s wider aviation sector

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