Anurag Kotoky
Bloomberg
India
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Past articles by Anurag:
E-Scooters on Island of the Gods Demonstrate Asia’s Green Shoots
Electric two-wheelers were a feature at last week’s G20 in Bali. → Read More
Boeing’s China Orders Dry Up on US Tensions in Boost for Airbus
China has traditionally split aircraft orders evenly between Airbus SE and Boeing Co. Recently though, there’s been a shift against the American half of the world’s planemaking duopoly. Boeing missed out on a 40-plane deal in September, following an even bigger hit in July, when China ordered nearly 300 Airbus aircraft worth about $37 billion at sticker prices. The misses reinforce how simmering… → Read More
Truss Tries to Soothe Angry Britons Citing ‘Clear Plan’
Beleaguered UK Prime Minister Liz Truss said her government has a “clear plan” to fix the root cause of an energy crisis that has fueled skyrocketing inflation, in an effort to win public support for policies that prompted more than half of Britons to call for her resignation. → Read More
Singapore’s Tiny Second Airport Eyes Future as a Flying Taxi Hub
Just 20 minutes north-west of Singapore’s Changi Airport -- regularly voted the world’s best -- is Seletar Airport, the city-state’s second, and far well less known, airfield. It’s predominantly where the super rich land in their private jets. It’s also where the future of aviation could be taking off. The neighborhood, more known for its laid-back cafes in restored British-era colonial… → Read More
Airlines were totally unprepared as travel came roaring back
(Bloomberg) -- Airline and airport executives spent the past two years trying to convince everyone it’s safe to fly during a pandemic, touting reduced touch points and hospital-grade filters. Little did they know how overwhelmed they’d be once travel came roaring back. → Read More
This Is Why Your Airline Tickets Are So Expensive Right Now
For more than two years, the main topic of conversation pretty much everywhere has been about the impact of Covid-19. Now that the worst of the pandemic seems to be over and people are traveling more freely again, another hot topic is on the tips of everyone’s tongues: expensive plane tickets. → Read More
Ford’s Shuttered India Factories May Be Reborn in EV Push
The U.S. automaker walked away from India last year after racking up billions in losses. Now its plants may get a new lease of life. → Read More
Resorts From the Maldives to Cuba Miss Their Russian Tourists
Still hurting from pandemic lockdowns, vacation spots were counting on the big-spending visitors until the Ukraine invasion stalled travel. → Read More
Asia’s Richest Man Looking to Buy Bankrupt Textile Firm in India
(Bloomberg) -- Mukesh Ambani’s Reliance Industries Ltd., along with a partner, are among those bidding to take over bankrupt Indian textile firm Sintex Industries Ltd. → Read More
India Evacuates More Afghans, Including Hindus and Sikhs
(Bloomberg) -- India said it evacuated 104 people, mostly Afghans, by a special chartered flight from Kabul that landed in New Delhi on Friday. → Read More
Cheap Used Planes and Deep Pockets Help Airline Startups Take Flight
The pandemic devastated industry earnings but created opportunities for rich entrepreneurs. → Read More
Cheap Used Planes and Deep Pockets Help Airline Startups Take Flight
It’s difficult to think of an industry that’s been slammed harder by the pandemic than aviation. Losses are set to hit $201 billion from 2020 to 2022, erasing almost nine years of earnings. Dozens of carriers have bowed out, and millions of jobs don’t exist anymore. But that hasn’t been enough to stop some entrepreneurs from creating airlines in Asia, Europe, and the U.S. → Read More
Rusty Pilots Making Flying Errors Is Next Aviation Headache
On Sept. 15, an Indonesian flight carrying 307 passengers and 11 crew to the northern city of Medan momentarily veered off the runway after landing, sparking an investigation by the country’s transport safety regulator. → Read More
The Indian Airline on a $10 Billion Pandemic Shopping Spree
IndiGo, the nation’s largest carrier, expects to see rapid growth once Covid is conquered. → Read More
These are the airlines teetering on the brink of COVID ruin
Having a home government with deep -- and open -- pockets is emerging as key in terms of whether an airline will make it through the coronavirus pandemic. → Read More
These Are the Airlines Teetering on the Brink of Covid Ruin
(Bloomberg) -- Having a home government with deep -- and open -- pockets is emerging as key in terms of whether an airline will make it through the coronavirus pandemic. → Read More
Airlines Face Desolate Future as Attempts to Reopen Crumble
With no return to normal in sight, they are desperate to cut costs and raise financing. → Read More
Airlines in India Seek $1.5 Billion in Interest-Free Credit Line
(Bloomberg) -- Airlines in India are seeking at least $1.5 billion as an interest-free credit line from the government, Civil Aviation Minister Hardeep Singh Puri said, as lockdowns and restrictions linked to the coronavirus pandemic hit demand for air travel. → Read More
Toyota halts India expansion, blaming 'we don’t want you' taxes
Toyota Motor Corp. won’t expand further in India due to the country’s high tax regime, a blow for Prime Minister Narendra Modi, who’s trying to lure global companies to offset the deep economic malaise brought on by the coronavirus pandemic. → Read More
Amit Shah, Modi’s Closest Aide, Hospitalized Again for Check-Up
(Bloomberg) -- Amit Shah, India’s home minister and the top lieutenant of Prime Minister Narendra Modi, was admitted to hospital again due to breathing issues, news agency IANS reported. → Read More