Recent Posts

EU planning to give parts of aviation industry green label

BLOOMBERG The European Union (EU) will put forward rules outlining how some aircraft can be considered climate-friendly under the region’s green rulebook, offering a roadmap towards a cleaner future for an industry that’s traditionally had a huge carbon footprint. The commission, the bloc’s executive branch, will propose adding aircraft manufacturing and leasing to the bloc’s green taxonomy if they meet ...

Read More »

India’s IndiGo all set to fuel growth this decade

BLOOMBERG IndiGo, India’s top airline with an operational fleet of 302 aircraft and an order book of nearly 500 jets, has ample capacity to fuel its growth as well as take on intensifying competition, according to its top executive. “IndiGo is in a very good spot,” Pieter Elbers, chief executive officer of InterGlobe Aviation Ltd said in an interview at ...

Read More »

GameStop surges after reporting first profit in two years

BLOOMBERG GameStop Corp reported a surprise profit in the fourth quarter and beat analysts’ estimates for revenue, sending the shares soaring about 42% in premarket trading and heading for their biggest intraday move in two years. Net income was $48.2 million, the first profit in two years, and compared with a loss of $147.5 million a year earlier, the Grapevine, ...

Read More »
Send this to a friend