Editorial TATA Takes Back Air India. What’s Next? On October 8, Puhin Kent Pandey, Secretary of the Department of Investment and Public Asset Management (DIPAM) announced that Tata Sons had won the bid for debt-laden Air India. The news has taken the aviation industry by storm. The airline has returned to the Tata Group after 68 years! In this editorial, we dive into […] Written by marketfeed Team October 11, 2021April 21, 2022
Trending The $113 Billion Tata Group faces Tough Decisions Over Their Airlines Tata Group’s two airlines – AirAsia India and Vistara, were struggling before the coronavirus pandemic. Tata Sons owns a 51% stake in each airline. “The Tata’s are caught between a rock and a hard place,” said Mukund Rajan, a former member of the group’s executive council who’s now the chairman of an investment advisory firm […] Written by marketfeed Team December 7, 2020April 21, 2022
Editorial Editorial of the Day Why is IndiGo Buying More Engines in Between A Pandemic? The Story As per the reports, IndiGo is planning to buy engines when the Covid-19 has paralysed the aviation sector globally. India’s biggest airline, IndiGo, is betting on a robust future of the industry. They are in talks with Pratt & Whitney and CFM International Inc. to buy its next batch of engines. Pratt & […] Written by marketfeed Team November 9, 2020April 21, 2022
Editorial Jet Airways: Jet, Set, Gone? Or Can it Succeed? Jet Airways is back in the news, this time with some positivity. A group of investors, Murari Lal Jalan (stay tuned for his bio), and UK-based financial services company Kalrock Capital have won the bid to buy Jet Airways in a vote by the CoC or Consortium of Creditors. The CoC consists of all the […] Written by marketfeed Team October 22, 2020April 21, 2022
Editorial Indian Airline Industry under the lens of COVID-19 We are in unprecedented times with COVID-19 having a lasting effect on every industry. And then there is the aviation industry and tourism industry which has hit rock bottom, and not recovered. Today, we are going to talk about how the Indian aviation industry has fared during these unusual times. The aviation industry might be facing the […] Written by marketfeed Team August 24, 2020April 21, 2022
Market News Indigo Q1 results: YoY Revenue falls by 92% InterGlobe Aviation owned Indigo declared their Q1 FY21 results on Wednesday. They have reported a net loss of Rs 2,844 crore in the quarter ended June 30. This is 336% less than what they reported in the same quarter previous year. Airlines industry is one of the most severely hit industries due to the COVID-19 […] Written by marketfeed Team July 29, 2020April 21, 2022
