INTERNATIONAL PASSENGER CARRIAGE
Minister & Policy Continuity: Will it lead to re-rating getting sustained ? 7 stocks of railway’s ecosystem.
While it became clear on the day of the election result only that the same government is going to continue. Some doubts were raised as to whether there would be a shift in policy focus. A part of the answer has come in the form of portfolio allocation. Some of the key sectors which mattered to the street because they had seen a re-rating and valuations are high, the continuation with the same minister is an indication that government is clearly focussed on continuation not only with a policy focus but it also does not want to waste time in getting a new minister and spending time in him/ her understanding the core work. Now this should bring relief to some companies as their projected plans and workflow will continue. Which means that expected growth which the market has put in its estimates of earning has a high probability of continuing.
Air India introduces Fare Lock option: Comparison of fees, terms and conditions with IndiGo, SpiceJet
Air ticket fare lock: Air India recently introduced the Fare Lock facility, which is a smooth approach to improving the reservation process, according to the airline. Other airlines, too, offer this facility. Let us see their terms and conditions.
Railways stocks: Stay bullish, just hedge a bit to avoid mistake of selling in haste: 7 outperforming railways stocks across different segments
Even the best of the rational brain can make wrong decisions when there is too much noise which gets created due to a narrative. Now for the last few days a narrative has been created that due to polls, FPI are selling. These kinds of narratives tend to hit the sector and stocks which are sitting with big gains and are dependent on government policy push. Railways was among the last sectors to get re-rated due to the policy focus. Whether it was companies which are financing the expansion of railways or private sector companies which are making coaches, all of them have done extremely well. Given the fact the railways is likely to be the focus area, the long term story remains intact. Only thing is that one might end up selling the long term winner early because of the narrative. Rather than getting jittery, it would be better to create a hedge and stay with the stocks where there has been a big change in the fundamental ways things operate and the sector has a long runway.
Indian airlines to have 50% market share in international passenger traffic by FY28: CRISIL
CRISIL predicts Indian airlines to handle half of the nation's international air passenger traffic by 2027-28, up from 43% in the previous fiscal. This surge is driven by fleet expansion, new routes, and better domestic connectivity. Rising disposable incomes and government initiatives are fueling international travel growth.
Here's what makes North Korean leader Kim Jong Un's armored train special
North Korean leader Kim Jong Un has arrived in Russia for his first international visit in almost four years. The US has cautioned about any potential arms agreement between the two countries. The visit will include negotiations between delegations and one-on-one communication between the leaders if necessary. Kim traveled on his private train, accompanied by officials from the armaments industry, military, and foreign minister. The train is equipped with luxurious amenities and advanced security measures. Kim has used his family's armored train for previous meetings with world leaders, although he occasionally opts for air travel.
Bengaluru transport strike: Traffic police, airport issue advisories
Passengers traveling to and from Bengaluru's Kempegowda International Airport may face difficulties in booking cabs due to a protest called by private transport vehicle associations on September 11. The Federation of the Karnataka State Private Transport Associations is demanding a ban on bike taxis and the extension of the Shakti scheme to private buses.
- Go To Page 1
Flying to Dubai airport this week? Use Metro, say authorities. Timings, luggage rules and other details
Dubai Airports has advised passengers returning to the UAE after summer vacation to use the Dubai Metro, as the road through the airport could get busy during peak times. August 26 and 27 are expected to be the busiest days for the airport, with over half a million guests expected. The Dubai Metro runs frequently from DXB Terminals 1 and 3, with trains running from 5 AM to midnight on weekdays, and longer hours on special days. Passengers can buy tickets at counters in airport stations and can carry two pieces of luggage on the metro.
Two trains collide in Greece, at least 32 killed, 85 injured
The two trains - a passenger train travelling from Athens to the northern city of Thessaloniki, and a cargo train from Thessaloniki to Larissa, collided head on outside the city of Larissa in central Greece, Konstantinos Agorastos, governor of the broader Thessaly region, told SKAI TV.
Unruly air passenger behaviour incidents under control; current rules 'sufficient' at this point of time: DGCA chief
Aviation regulator DGCA's chief Arun Kumar has said that incidents of unruly passenger behaviour onboard flights are under control and rules are now being strictly enforced unlike earlier, when the enforcement was not up to the desired level that led to some embarrassing
DGCA asks airlines to prominently display pet carriage policy on their websites
Currently, at least two Indian carriers -- Air India and Akasa Air -- permit passengers to carry pets onboard. In SpiceJet, pets can be carried in cargo hold of domestic flights.
Singapore Airlines to expand vaccinated travel lane network to India, 26 other countries: Report
VTL allows quarantine-free travel to Singapore for fully vaccinated travellers. "New VTL services will be added progressively to selected cities in Southeast Asia and India, as well as Athens, from March 16, 2022," a Channel News Asia report quoted the airlines' parent company SIA Group as saying.
Expert Talk: All questions about your US student visa, answered
To be eligible to enter the U.S. in initial status, the student’s program of study must be a hybrid program with some in-person learning requirement. Students who are already in the U.S. in F-1 status may remain in the country even if their program is fully online.
San Francisco welcomes Air India's decision for first non-stop flight to Bengaluru
Beginning January 9, Air India will operate two non-stop flights per week to Kempegowda International Airport in Bangalore, departing on Saturday and Tuesday. The return flight from Bangalore arrives on Mondays and Thursdays, San Francisco International Airport said in a statement.
Changes in national permit regime on the cards to allow tourist passenger vehicles move seamlessly
The Ministry of Road Transport and Highways (MoRTH) has issued a notification for amendment to national permit regime under the Central Motor Vehicles Rules, 1989 for promoting tourism across the country.
Reduced occupancy, thermal screening, no linen: International Union of Railways' guidelines to manage coronavirus
International Union of Railways has suggested railways adopt policies to reduce the likelihood of transmission, for example: removing magazines, booklets, menus, blankets, pillows, headphones, etc. from the carriages; and in night trains change the blankets after every single use.
Air India Express posts 35% decline in net profit for FY2018-19
The company earned a net profit of Rs 169 crore in FY 2018-19 compared with Rs 262 crore in the previous year.
Short-haul destinations turn hot this summer season
Travel to destinations like Thailand, Malaysia, Mauritius, Cambodia and the Maldives is picking up with the airlines of some of these countries also enticing travellers with attractive offers.
Including fuel cost in cancellation fee illegal: IATA agents association
"Charging of cancellation fee more than the base fare is quite illogical .When a passenger is not travelling, there is no fuel consumption required," it suggested.
Privatisation of aviation infra in India failed to deliver results: IATA chief Alexandre de Juniac
Referring to the threatening security situation, the IATA chief said "the freedom that is at core of aviation remains a target for terrorists".
Government releases draft rules for no-fly list of unruly passengers
The Ministry of Civil Aviation has proposed a "national no-fly list" which will comprise passengers identified as unruly after an inquiry by a committee constituted by that particular airline.
IATA questions laptop ban on some flights to US, UK
"We call on governments to work with the industry to find a way to keep flying secure without separating passengers from their personal electronics," Alexandre de Juniac, IATA Director General and CEO, said.
Flyers set for higher payoffs from airlines
If a person dies or suffers bodily injury in an air crash or some other aviation-related accident, the compensation is now Rs 90 lakh.
Those killed in international flight crash to get more compensation
Airlines may have to pay more compensation for death due to crash in an international flight, with the Cabinet approving a 13% increase on Tuesday.
Government clears amendments for more compensation for fliers
The revised provision of the Act would also give effect to the revised limits and benefit the air travellers, the Government said.
DFW International: Lessons Indian aviation can draw from one of the biggest and busiest airports
The airport now has only one such checkpoint, in the middle of Terminal E. It will soon retrofit these facilities to other checkpoints in the same terminal.
Kalka-Shimla rail service incurring huge losses to railways
The celebrated Kalka-Shimla rail link, a UNESCO world heritage site, is incurring huge losses to the railways amounting to as much as Rs 18 crore per year, a senior railway official said.
Air India clocks 16.7-pc growth in number of passengers
National air-carrier Air India has clocked a 16.7 per cent growth in the number of passengers in first half of May as compared to the corresponding period last year.
Higher passenger nos help AI narrow down operating losses
A healthy 14 per cent jump in passenger traffic during the April-January period of this fiscal has helped the ailing national carrier Air India bring down its operating losses by around Rs 1,300 crore, according to a senior airline source.
Air India flew 24.8% more passengers in Q3, losses down 25%
Air India's passenger traffic increased 24.8 per cent in the third quarter ended December compared to the same period last year, helping the airline cut its losses by a neat 25 per cent.
Load More
