Thursday, August 27
New Delhi, IndiGo's widespread flight cancellations in early this month resulted in aviation turbine fuel (ATF) sales falling by over 4 per cent in the first fortnight of December, according to preliminary industry data on Tuesday.Jet fuel or ATF demand had been consistently rising for the past two years as India's aviation sector rebounded from the lows of the Covid pandemic-induced disruptions. But this trend changed when IndiGo saw mass flight cancellations in December as India's largest airline struggled with new pilot duty-time rules, crew shortages, and winter weather disruptions like dense fog at major airports.IndiGo cancelled almost 5,000 flights - over 1,600 out of about 2,300 daily flights at the peak. Operations stabilised over the weekend.ATF sales during December 1 to 15 drop
LONDON, - Britain launched a review into the BBC's funding on Tuesday, seeking to "future-proof" the broadcaster which is reeling from a lawsuit launched by U.S. President Donald Trump.Trump sued the BBC for up to $10 billion in damages over edited clips of a speech which he said defamed him, according to a filing in a Miami federal court on Monday. The BBC is defending the case, having already apologised to Trump.As well as the Trump lawsuit, the broadcaster is battling competition from streaming giants and digital video platforms.Currently the BBC's funding mainly comes from a 174.50 pound ($234) annual charge imposed on all viewing households, but the number of licence holders has been falling.The government said on Tuesday it was considering reforms, including options to generate more
