Brendan Sobie from Sobie Aviation says Singapore Airlines continues to support Air India despite an “awful year” as the investment was always intended as a long-term India bet. He adds that Singapore Airlines’ strong earnings were driven by Europe demand and delayed fuel cost pressures, but warns the Iran conflict and higher fuel prices will weigh on future airline earnings.
Air India Boeing 787 Dreamliner aircraft with registration letters VT-ANB flies over Tokyo, Japan, April 27, 2025 in this picture obtained from social media. Koki Takagi | Via Reuters Singapore Airlines-backed Air India will substantially cut international flights during the peak June to August travel period, as the Iran war-led airspace restrictions and record-high jet […]
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Michelle Meyer, Mastercard Economics Institute chief economist, joins ‘Power Lunch’ to discuss the state of the travel economy, how its changing and much more. Source
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Chris Sununu, Airlines for America president and CEO and former New Hampshire governor, joins ‘Squawk Box’ to discuss the state of the airline industry, impact of rising jet fuel prices on airfares, and more. Source
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