Articles for tag: Airline, Demand, Indias, Industry, Minister, Naidu, Pledges, Rammohan, Soaring, SpiceJet, Struggling, Support, Union

September 9, 2024

Union Minister K Rammohan Naidu pledges support for struggling SpiceJet amidst soaring demand in India’s airline industry.

Union Minister K Rammohan Naidu has addressed the challenges faced by SpiceJet, emphasizing the government’s commitment to ensuring a balance in aviation operations amid rising demand in India. The airline is currently under increased scrutiny due to its financial and legal difficulties, with the Directorate General of Civil Aviation implementing enhanced surveillance measures. Naidu highlighted ...

September 9, 2024

Market News

Business

The GST Council’s dramatic meeting addressed insurance tax reforms, foreign airline relief, and surging revenues from online gaming.

During the 54th GST Council meeting in New Delhi, Finance Minister Nirmala Sitharaman announced several key decisions. The council is exploring a state panel to review the compensation cess and its future beyond March 2026. Discussions included potential exemptions for life and health insurance premiums from GST, although further deliberation is needed. To support foreign ...

May 8, 2024

Market News

Business

Ted Cruz Slams Idea of Automatic Airline Refunds, But Senators Push Back

Texas Senator Ted Cruz faced backlash after calling automatic airline refunds for canceled flights “dumb.” Several senators disagreed with his statement, highlighting the ongoing debate over consumer rights and airline policies. Stay tuned for updates on this controversial topic. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of ...

May 8, 2024

Market News

Business

CEO of Spirit Airlines Exposes Airline Industry as Unfair to Consumers, Calls for Change

The CEO of Spirit Airlines is speaking out against the airline industry, calling it a “rigged game” that ultimately harms US consumers. He believes that customers are the “long-term losers” in this unbalanced system. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post Win Up To ...