FLYING RETURNS
Why is Julian Assange flying to the remote Pacific island of Saipan?
Julian Assange is on his way to a courtroom on the Pacific island of Saipan where he is expected to plead guilty to a single criminal charge in a plea deal that will lead to his release and return home to Australia after a 14-year legal journey. Saipan, the capital of the Northern Mariana Islands, is a U.S. commonwealth near Guam, hosting a U.S. district court. Assange's plea involves a single count of conspiring to obtain and disclose classified U.S. national defense documents, with a sentence of time served.
Boeing's Starliner return to Earth postponed, NASA says no new date set
Boeing's Starliner spacecraft, scheduled to return from the ISS with its first crew, faces a postponed return without a new date, raising uncertainty. The crew, Butch Wilmore and Suni Williams, launched on June 5 for a final demonstration. Technical issues, including thruster failures and helium leaks, have caused delays. Boeing's Starliner program has faced challenges, including software glitches and design problems. NASA and Boeing are working to understand these issues before the spacecraft's return, which requires at least 12 of its 28 thrusters to be operational for a safe flight.
Flying windows, fatal turbulence: Is flying in planes safe right now? Here is how to understand disruptions
Air travel disruptions, from minor mechanical issues to severe incidents, often cause anxiety but are rarely dangerous. Aviation experts stress that these problems are usually manageable due to rigorous safety protocols and backup systems, ensuring that flying remains one of the safest modes of transportation despite occasional alarming events.
Handy in all times, moat of strong brand: 5 stocks, which are leader in their sectors that can offer up to 31% returns
If one looks at the history of the markets, there are companies which always trade a premium. Long time and still a number of such companies used to be MNC companies which used to get premium. But over the last 15 years, some of the Indian companies have been getting a premium on the street. The premium because they are the leader in their category in terms of market share and they have strong brands. It has been seen that when markets are high and these sets of companies where valuations are not cheap, even then analysts have not initiated a sell call, rather they have moved to hold. A strong brand helps a company's weather all storms of an economic slowdown or inflationary pressure and over a period of time it has been witnessed that companies with strong brands are able to pass on increased costs and maintain their margins to a large extent. Also they are to diversify into other products on the back of one strong brand.
For SpaceX's next Starship test flight, surviving hypersonic return is key
SpaceX's Starship rocket is set for a fourth test flight to survive a hot re-entry through Earth's atmosphere. The two-stage rocket, nearly 400 feet tall, aims to revolutionize satellite launches and astronaut missions, including NASA's moon landing plans.
Government's protectionist move divides aviation industry
India's aviation industry is divided over the policy to freeze flying rights to Middle East nations, with Air India CEO Campbell Wilson advocating for limiting market access for foreign carriers.
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When will Sensex, Nifty bounce back to pre-election level? Check top predictions
Investors worry about Modi 3.0's reform push due to coalition dependence, causing market volatility. Historically, post-election, Nifty rebounds, but rich valuations concern FIIs. Analysts predict normalization, and suggest call spreads. JPMorgan targets 22,000, while Bernstein predicts 23,500.
Flying to the UAE? Dubai, Abu Dhabi increase checks to prevent misuse of tourist visas
Stricter immigration checks at Dubai and Abu Dhabi airports now require visitors to show proof of ₹60,000 in their bank account or a credit card and return ticket. First-time travelers from Tamil Nadu and Kerala are under scrutiny.
Sunita Williams set to fly into space for a third time next month
Indian-origin astronaut Sunita Williams is set to pilot Boeing's Starliner on a mission to the International Space Station. The launch is expected between June 1 and June 5 after a delay due to a technical issue. NASA, Boeing, and United Launch Alliance (ULA) are working to resolve the problem and successfully launch to mark a significant milestone for the Boeing program.
Frequent flyers of Vistara to get better airport lounge access, increased rewards and more after merger with Air India's programme
Better airport lounge access: All Vistara travellers who have atleast gold tier in Club Vistara program stands to gain due to the merger between Vistara and Air India's Flying Return program. Some of the benefits include better airport lounge access, more routes to redeem rewards and others. However there is also a con in regard to burning of reward points.
Taarak Mehta actor Gurucharan Singh, missing for weeks, returns home
Gurucharan Singh, from 'Taarak Mehta Ka Ooltah Chashmah,' returned home after a kidnapping case, sharing details of his religious journey, financial troubles, interest in meditation, and visit to Ludhiana.
Club Vistara to soon be a part of Air India's Flying Returns as merger process kicks off
Tata Sons aims to complete the merger by year-end. Vistara's Club Vistara to merge with Air India's Flying Returns. Integration details include tier status and points transfer. Singapore Airlines Group supports Air India-Vistara merger. Vinod Kannan and Campbell Wilson lead the integration. NCLT approval awaited.
Club Vistara points to merge with Air India Flying Returns: What frequent fliers should know about migration; last date to opt out
Vistara-Air India merger: After the much-anticipated merger between Air India and Vistara, Club Vistara will be discontinued. Here is a look at what Club Vistara members should know about the integration with Air India Flying Returns, as per the email communication.
India's aviation may fly into a good growth zone, air passenger traffic may grow around 8-11%: ICRA
India's airport operators and aviation stakeholders are expected to see a positive outlook as air passenger traffic is projected to grow 8-11% YoY to 407-418 million this fiscal year. The growth will be driven by increased leisure and business travel, improved connectivity, and rising international travel. Revenues for ICRA's sample set are estimated to rise 15-17% YoY, with the Indian airport passenger traffic outperforming global trends and expected to remain strong.
Akasa Air raises weight limit of pets flying with them; airline flew over 3,200 pets since launch
In response to customers feedback, Akasa Air has now increased the permissible weight limit for pets traveling in the cabin to 10 kgs, including the weight of the container, up from the previous 7 kgs. The airline, in a statement on Wednesday, said this enhancement underscores the airline's commitment to continuously elevate its services to meet the evolving needs of travellers.
NRIs return home, line up for love of vote
Expatriates from the UAE, including Anwar Naha, returned to Kerala to vote, with chartered flights organized by KMCC. NRIs from various countries made efforts to vote in the Lok Sabha elections, some traveling to coastal states like Kerala and Karnataka, while others returned to Meerut in the north. Expatriates' participation, especially via chartered flights, drew attention in Kerala, while NRIs in Mangaluru and Bengaluru also prioritized voting. Harsha DM and Spoorthi CS flew from Sydney to cast their votes in Bengaluru's Bangalore North constituency.
Delhi HC allows lessors' plea seeking deregistration of all 54 Go First aircraft, restrains carrier from flying them
The Delhi High Court grants lessors' request to deregister Go First's 54 aircraft, restricting the airline from operating them and ordering the DGCA to aid in their export and provide certificate of airworthiness. The Resolution Professional prohibited from tampering with the planes and must provide comprehensive documentation to the lessors
Plane makes emergency landing soon after takeoff as wheel falls off. Know what happened exactly
If media reports are to be believed, Boeing is under multiple investigations, and the FBI has told passengers from the flight that they might be victims of a crime.
Emirates, FlyDubai flights back on schedule, but Indian carriers restricted in Dubai till Sunday
Emirates and FlyDubai have resumed operations at Dubai Airport after disruptions caused by heavy rain. Indian airlines like Air India, Air India Express, and SpiceJet faced flight cancellations and diversions, and will face restrictions at the airport till Sunday.
From overcapacity to TikTok, the issues covered during Janet Yellen's trip to China
Janet Yellen and her team wrapped up discussions in China, focusing on trade practices, money laundering, TikTok, and financial stability. While they addressed concerns like unfair trade practices and money laundering, issues like TikTok's future and financial stability cooperation remained unresolved.
'Fly Me to the Moon': Here’s release date, storyline, trailer, production, director, cast and crew
'Fly Me to the Moon' follows Kelly Jones (Johansson), a marketing whiz tasked with improving NASA's public image. She ends up complicating the task for launch director Cole Davis (Tatum) when she is charged with staging a fake moon landing as a backup plan.
Air India CEO updates employees on annual appraisal and overall progress in letter
Air India CEO Campbell Wilson expressed gratitude to employees for their hard work, announcing the ongoing annual appraisal cycle and progress in the airline's transformation. He highlighted achievements, including the Vihaan.AI initiative, onboarding of cadet pilots, and fleet expansion. However, challenges faced by sister carrier Vistara, including pilot protests, were noted. Wilson emphasized Air India's commitment to becoming a world-class airline and mentioned strategic developments such as the completion of the strategic disinvestment transaction and the implementation of a new Revenue Accounting System.
Tighten seat belts, fly above turbulence
Vistara pilots' concerns over Air India merger impact operations. Tatas aim for brand revival and profitability through fleet acquisition and staff motivation, addressing merger challenges for a successful turnaround.
Smallcap stock screener: 14 czar-chosen tiny titans soar up to 57% in 6 weeks
The ace investor owns more than 50 stocks, the value of which is estimated to be around Rs 5,000 crore. While multibagger BSE is his largest bet where he held around 1.5% stake at the end of the December quarter, 11 of his bets have given double-digit returns in 2024 so far.
Alaska Airlines has begun flying Boeing Max 9 jetliners again for the first time Friday
Alaska Airlines has resumed flying Boeing 737 Max 9 jetliners after a panel blew out of one of its planes. The Federal Aviation Administration approved the inspection and maintenance process to return the planes to flying. Technicians at Alaska began inspections that night and expect to complete them by the end of next week.
Remember this before you buy that high-flying penny stock
Apart from this, leap years too have seen a lot of volatility. Statistics show that Indian markets face drawdowns of about 25% every 3.5 to 4 years. 2024 is a leap year and this pattern too adds up to the overall market volatility.
Betting on VFX! Ashish Kacholia buys 2.3% stake in this SME company that has made a killing since IPO
Ashish Kacholia bought 5.47 lakh shares in the Chennai-based Basilic Fly Studio. The company is in the process of setting up a studio in Hyderabad from the funds raised via the IPO.
SME IPO: Accent Microcell shares double on listing, investors make 125% return
The SME IPO was subscribed by a whopping 362 times on the last day of the bidding process with the total bids surpassing the Rs 18,000 crore mark, which is a first for any SME company. The previous record was held by Chennai-based Basilic Fly Studio, whose SME offer garnered bids of just over Rs 14,000 crore.
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