BLOOMBERG  IndiGo reported fourth-quarter profit that missed analysts’ estimates, as rising fuel costs offset the post-Covid travel rebound at India’s largest airline. Net income at parent company InterGlobe Aviation Ltd was 9.16 billion rupees ($111 million) in the period ended in March, short of the 16.2 billion rupees expected by analysts. Revenue from operations surged 77% to 141.6 billion rupees ...

BLOOMBERG  WestJet Airlines Inc, Canada’s second-largest carrier, has begun parking most of its Boeing 737 and 787 jets as it prepares for a possible strike by pilots. The move comes ahead of what is normally a busy holiday long weekend for travel in Canada. Although talks are continuing, the Calgary-based carrier has been unable to reach an agreement with pilots ...

BLOOMBERG  Ukrainian President Volodymyr Zelenskiy suggested his country was losing control of Bakhmut after months of fierce fighting but downplayed Russian claims it now fully occupied the eastern city. “Today our people are performing an important task — they are in the Bakhmut, Zelenskiy said in Japan where he had met with leaders from the Group of Seven nations and ...