Akbar Merchant (@akbars600) profile picture

Sr. Assitant Editor @financialxpress writes on Aviation and Automotive.

Mumbai
Joined October 2009
Photo by Akbar Merchant (@akbars600)Photo by Akbar Merchant (@akbars600)Photo by Akbar Merchant (@akbars600)Photo by Akbar Merchant (@akbars600)Photo by Akbar Merchant (@akbars600)Photo by Akbar Merchant (@akbars600)Photo by Akbar Merchant (@akbars600)Photo by Akbar Merchant (@akbars600)Photo by Akbar Merchant (@akbars600)Photo by Akbar Merchant (@akbars600)
IndiGo’s Q2 FY27 revenue rose 25% YoY to ₹23,364 crore, but record-high fuel costs and rupee depreciation dragged it to a net loss of ₹18,791 crore. Passenger traffic fell 4.7%, while yields surged 34.3%. Cost pressures continue to weigh on profitability.
1
117
The Skywalk at LBS BKC junction Kurla opened a few months ago has escalator on the BKC side. Never inaugurated so far & now I am told many critical parts have been stolen already before it was even opened to public. (Old pic) @richapintoi @RoadsOfMumbai @mumbaimatterz – at Mumbai, India
101
The hustle is real! Juggling automotive and aviation beats, especially during earnings season, all in a day’s work. Grateful for the opportunities, the people, and their constant support. 🙏 @FinancialXpress – at Mumbai, India
8
233
EXCLUSIVE: Noida Airport (NIA) eyes international flights soon. NIA CEO Nitu Samra discusses passenger demand, connectivity, airport charges and plans to develop cargo and aircraft maintenance businesses. @NIAirport @FinancialXpress
1
227
Locally manufactured Defender prices announced. Now starts under Rs 1 crore. New prices in Green vs earlier ones for fully imported units.
9
18
7
508
37,723
3 engines on offer on assembled in India Defender. Popular options worth Rs 17 lakh now offered as standard. – at Mumbai, India
5
1
54
16,863
JLR announces Defender local assembly. 9.5k units sold since launch. – at Mumbai, India
2
39
1,193
BREAKING: The acceptance level moves Tata Motors beyond the minimum threshold for the takeover bid, marking a key step towards completing the €3.9-billion acquisition of Iveco’s commercial vehicle business financialexpress.com/auto/ne… – at Mumbai, India
3
211
Microsoft India sends VEO (voluntary exit offer) to employees in level 70 and below in most of the orgs One month of base pay per year in microsoft + 3 months pay Decision to be made in a month.
67
171
26
6,007
1,002,830
AEB a controversial safety feature because of sudden, heart-stopping applications that can get you rear ended. Calibrating AEB systems for low-speed chaotic Indian conditions has been a challenge that needs to be overcome before AEB becomes mandatory
26
32
3
329
17,933
Vidhan bhawan Metro 3 ticket counter shut forcing customers to use UPI payments. Reason unknown. – at Uran, India
1
2
208
Bayon seems another promising product from Hyundai with an attractive starting price and good alternative to the Creta and the Victoris. Question is, what happens to the i20? – at Uran, India
1
1
329
Emirates is Celebrating milestones in India! 🇮🇳 ✈️ 25 years in Hyderabad and 20 years in Kolkata, Thiruvananthapuram & BLR 🌍 118,000+ flights and nearly 31 million passengers. 📦 110,000+ tonnes of exports carried by Emirates SkyCargo from these gateways in the past 2.5 yrs – at Uran, India
1
3
42
1,876
IndiGo will shift 12 daily international departures from Mumbai airport to new Navi Mumbai International Airport between Feb- July 2027, while Air India Express will begin moving selected domestic, West Asia services from December. @FinancialXpress financialexpress.com/busines… – at Mumbai, India
5
20
1,474
Air India Group will shift select Air India Express domestic and West Asia services to Navi Mumbai International Airport from December 2026, completing the transition by summer 2027. .
3
23
800
IndiGo will shift 12 daily international departures frmCSMIA to Navi Mumbai International Airport from February 2027, expanding network to 12 destinations by July. The phased transition will support IndiGo’s international expansion & facilitate CSMIA Terminal 1 redevelopment. – at Mumbai, India
3
6
406