Tough Times Ahead for IndiGo Tough Times Ahead for IndiGo- IndiGo, the big airline owned by InterGlobe Aviation, is in for a rough ride. After getting a boost when Go First went under last year, their market share went up to a solid 63.4% from April to September 2023. But…
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Elevated competitors from China, South Korea! India’s diesel exports to Asia droop 63%
India’s diesel exports hit by China, South Korea! India’s diesel exports to Asia noticed a big decline of 63% in March in comparison with the earlier month. This drop was due to robust competitors from Chinese language and South Korean suppliers, which affected revenue margins. Indian refiners shipped 61,000 barrels…
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Tesla’s quarter one gross sales fall practically 9% as competitors heats up and demand for electrical autos slows
DETROIT: Tesla gross sales fell sharply final quarter as competitors elevated worldwide, electrical automobile gross sales development slowed, and worth cuts failed to attract extra consumers. The Austin, Texas, firm mentioned it delivered 386,810 autos from January by March, virtually 9% under the 423,000 it offered in the identical quarter…
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Wholesome, powerful competitors in Indian aviation market; value delicate too: IndiGo CEO
NEW DELHI: There may be wholesome and difficult competitors within the Indian market, which can be value delicate, the nation’s largest airline IndiGo’s chief Pieter Elbers mentioned and emphasised that there’s an unlimited demand for journey. On the helm of the airline having a home market share of little over…
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Lufthansa, ITA Airways deal might damage competitors, EU antitrust watchdog says
BRUSSELS: Lufthansa’s bid for a minority stake in Italian rival ITA Airways might hurt competitors and result in larger costs, EU antitrust regulators stated on Monday, ramping up strain on the German provider to provide you with stronger cures. The European Fee stated the deal threatens competitors on short-haul routes…
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Singapore competitors fee provides conditional nod to merge Vistara into Air India
NEW DELHI: The Competitors and Client Fee of Singapore (CCCS) has granted conditional approval for merging Vistara — which is owned 49% by Singapore Airways (SIA) — into. SIA will maintain 25.1% stake within the merged AI with Tatas having the remaining stake.The CCCS “identified some competition concerns” on this…

