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Indian Air Traffic Expected to Rise 15% to 155M Passengers by 2023-24 Despite Grounding of Go First

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Despite the grounding of Go First, Indian air traffic is expected to rise by 15% to 155M passengers by 2023-24, according to a report by CAPA India. The report highlights the resilience of the domestic and international aviation sectors, despite operational challenges and supply chain issues. IndiGo is predicted to achieve record profits, while Air India Group plans to expand its fleet. Overall industry profitability is forecasted to align with previous projections. Ticket prices are normalizing, despite a shortage of available aircraft.

ECOWAS Considers Military Intervention in Niger to Restore Detained President

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ECOWAS weighs risks and consequences of possible military intervention in Niger to restore detained president. Logistical and political challenges ahead.

T2 Biosystems Soars on Meme Stock Interest, But Funding Woes Threaten Future

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Be cautious with T2 Biosystems' stock surge fueled by meme stock interest. Funding woes and operational challenges may hinder long-term success. #investing

FAA Extends Slot Waivers for US Airlines at Busy NY Airports through October

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The FAA extends slot waivers for US airlines at busy New York airports, accommodating high demand and addressing staffing challenges.

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T2 Biosystems Soars on Meme Stock Interest, But Funding Woes Threaten Future

Equity Market 0
Be cautious with T2 Biosystems' stock surge fueled by meme stock interest. Funding woes and operational challenges may hinder long-term success. #investing

FAA Extends Slot Waivers for US Airlines at Busy NY Airports through October

Business 0
The FAA extends slot waivers for US airlines at busy New York airports, accommodating high demand and addressing staffing challenges.

Indian Air Traffic Expected to Rise 15% to 155M Passengers by 2023-24 Despite Grounding of Go First

Business 0
Despite the grounding of Go First, Indian air traffic is expected to rise by 15% to 155M passengers by 2023-24, according to a report by CAPA India. The report highlights the resilience of the domestic and international aviation sectors, despite operational challenges and supply chain issues. IndiGo is predicted to achieve record profits, while Air India Group plans to expand its fleet. Overall industry profitability is forecasted to align with previous projections. Ticket prices are normalizing, despite a shortage of available aircraft.

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