Recent Posts

JetBlue trims growth plans on revenue woes

  Washington / Bloomberg JetBlue Airways Corp. cut its planned growth for this year, grappling with disappointing results for a key measure of revenue just as fuel prices threaten to crimp profit. The airline said it will increase flight and seat capacity between 8 percent and 9.5 percent this year, down from previous plans of as much as 10.5 percent ...

Read More »

India defers plan to raise FDI limit in civil aviation to 74%

  NEW DELHI / Tribune News Service The aviation ministry has decided to shelve a proposal to raise the foreign investment limit in Indian airlines to 74%. Foreign airlines are currently allowed to own as much as 49% in a local airline. The proposal to raise the foreign investment limit was part of the draft civil aviation policy, which is ...

Read More »

Apple’s witty Siri to rival Amazon’s Alexa

  Bloomberg Asking Apple Inc’s voice-activated assistant, Siri, what the company plans to unveil at its Worldwide Developers Conference next week elicits the response, “If I told you, they’d probably make me sit through product security again.” Witty, perhaps, but Siri will have to supply more satisfying answers if it’s going to convince customers, developers and investors that Apple is ...

Read More »
Send this to a friend