Saturday , 27 December 2025

Recent Posts

India’s top airline posts ‘biggest’ quarterly loss

Bloomberg InterGlobe Aviation reported a wider-than-expected quarterly loss, amid fierce competition in India, illustrating how even the country’s biggest airline isn’t immune to challenges in one of the world’s fastest-growing aviation markets. Loss at the operator of IndiGo widened to 10.7 billion rupees ($150 million) for the three months ended on September 30, compared with a loss of 6.5 billion …

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American rises as CEO sees cash flow poised for takeoff

Bloomberg American Airlines Group Inc surged as executives sketched out a robust outlook for 2020 after two punishing years for investors. Profit and cash flow are poised to rise as the company improves operations and reaches the end of heavy investments in new jets, Chief Executive Officer Doug Parker said. That will enable the company to cut debt even if …

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Amazon tumbles as profit declines for first time in two years

Bloomberg Amazon.com Inc’s effort to get packages from warehouse to doorstep in a single day helped push the retail giant to its first year-over-year quarterly profit decline since early 2017. The spending binge isn’t over. Amazon Chief Financial Officer Brian Olsavsky said that the costs of the company’s one-day delivery push will total some $1.5 billion during the holiday quarter. …

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