Articles tagged “india”

India to Follow Europe’s Lead in Making Own Call on 737 Max

India to Follow Europe’s Lead in Making Own Call on 737 Max

Anurag Kotoky, Bloomberg

Now India, too, wants to make its own checks on the Boeing 737 Max before allowing the plane to fly in the country again, after European regulators this week said they would make their own call.

1 week ago

Singapore Airlines Picks a Tough Fight With Emirates in India

Singapore Airlines Picks a Tough Fight With Emirates in India

Manish Modi and Anurag Kotoky, Bloomberg

With no domestic market at home, and stiff competition from low-cost carriers in Southeast Asia, Singapore Airlines has no choice but to face epic battles elsewhere, such as fighting Emirates seen as a 'flag carrier' in India, for a share of that market.

2 months ago

MakeMyTrip Grows Despite Turbulence in India’s Airline Sector

MakeMyTrip Grows Despite Turbulence in India’s Airline Sector

Sean O'Neill, Skift

The past year has been a horror show for India's aviation sector. So MakeMyTrip deserves kudos for continuing to grow its air ticketing and overall sales despite the upheaval. But executives deserve criticism for the company's relentless unprofitability.

2 months ago

IndiGo in the Spotlight as Owners’ Dispute Drags On

IndiGo in the Spotlight as Owners’ Dispute Drags On

Anurag Kotoky, Bloomberg

One of India’s biggest aviation success stories faces an uncertain future. With its two billionaire co-founders seemingly at loggerheads, other carriers have the chance to capitalize.

2 months ago

Oyo Founder Spends $2 Billion to Triple Stake

Oyo Founder Spends $2 Billion to Triple Stake

Saritha Rai, Bloomberg

It's a significant show of strength from the founder and gives him a bit more control over the company's future direction. It also makes the company almost as valuable as hotel giants like IHG ($12.5 billion) and Accor ($11.7 billion), a pretty remarkable state of affairs given it was founded in 2013.

2 months ago

Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Ebix to Acquire India’s Corporate Travel Player Yatra for $338 Million

Sean O'Neill, Skift

Corporate travel and event planning seem to be the only profitable paths in India's online travel scene, at least for now.

2 months ago

Clash Atop India’s Budget Airline IndiGo Gets Ugly

Clash Atop India’s Budget Airline IndiGo Gets Ugly

Bloomberg, Anurag Kotoky

It’s no secret that the two founders of Asia’s largest budget carrier are fighting but now details have gone public. That’s bad for the airline, considered the best of the lot in India, as it outlines a course to expand aggressively.

2 months ago

Australia’s Visa Bottleneck Jeopardizes Luring Cricket-Crazed Indians for World Cup Next Year

Australia’s Visa Bottleneck Jeopardizes Luring Cricket-Crazed Indians for World Cup Next Year

Raini Hamdi, Skift

Claims that Indian travel agents are discouraging clients from going to Australia may be overblown. But they do not detract from the key issue: Australia must streamline visa processing better, especially if it wants to attract Indians to the Cricket World Cup 2020.

3 months ago

Cox & Kings to Sell Businesses to Raise Much-Needed Cash

Cox & Kings to Sell Businesses to Raise Much-Needed Cash

Patrick Whyte, Skift

With the hostel market still so fragmented, the Meininger business would make an attractive option for one of its rivals or perhaps a private equity firm.

3 months ago

Discount Carrier Wizz Air Hopes to Expand Its Network to India and Dubai

Discount Carrier Wizz Air Hopes to Expand Its Network to India and Dubai

Christopher Jasper, Bloomberg

The transatlantic low-cost, long-haul business model has plenty of skeptics, but Wizz Air's recent order of 20 A321 XLR aircrafts could bring a slew of new Europe-to-Asia routes that show the business model has life in it yet.

3 months ago

Severe Water Crisis in Indian City Chennai Cripples Hospitality Sector

Severe Water Crisis in Indian City Chennai Cripples Hospitality Sector

Shuriah Niazi, Skift

A water shortage of epic proportions in Chennai, capital of Tamil Nadu, the second most visited state in India by foreign tourists, serves as a reminder to the global hotel industry to ask if it’s doing enough to conserve water.

3 months ago

India’s SpiceJet Receives Investment Offers

India’s SpiceJet Receives Investment Offers

Anurag Kotoky, Bloomberg

With the Indian aviation market continuing to grow and SpiceJet as one of the strongest players, it makes sense for outside investors to show an interest.

4 months ago