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IndiGo records net loss of INR 1,879 Cr in Q2 FY27 despite 26% revenue growth

IndiGo records net loss of INR 1,879 Cr in Q2 FY27 despite 26% revenue growth

InterGlobe Aviation Ltd, parent company of IndiGo, reported a consolidated net loss of INR 1,879.1 crore for the second quarter of FY2027, ended September 30, 2026, despite recording a 25.9% year-on-year increase in revenue from operations to INR 23,363.8 crore. Elevated aviation turbine fuel (ATF) costs byand foreign exchange losses continued to weigh on the airline’s financial performance...

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Hotels and Resorts

Hyatt, Saraca Hotels sign four hotels across North India

Hyatt, Saraca Hotels sign four hotels across North India

Hyatt Hotels Corporation announced the signing of agreements with Saraca Hotels & Resorts, founded by Mohammad Abdullah, to bring a portfolio of four Hyatt branded hotels across Uttar Pradesh and Uttarakhand in India. The collaboration will introduce the Unscripted by Hyatt brand to India through the addition of Saraca Hotel Lucknow and Saraca Resort & Spa Corbett, while further...

Technology

Travelport & Cognizant deepen partnership to boost global travel retailing

Travelport & Cognizant deepen partnership to boost global travel retailing

Cognizant (NASDAQ: CTSH) and Travelport announced the next phase of their strategic partnership, committing to a single objective: making Travelport the first truly AI-native platform in global travel retailing. Together, Cognizant and Travelport will reportedly modernise platforms, engineering practices and operational workflows to create an AI-native ecosystem that enables faster innovation...

International

Virginia Tourism hosts inaugural Global Travel Forum to boost international inbound markets

Virginia Tourism hosts inaugural Global Travel Forum to boost international inbound markets

The Global Markets Division of the Virginia Tourism Corporation held its inaugural Come Find Your Virginia Global Travel Forum in Virginia last week. The first-of-its-kind event brought together Virginia destination marketing organisations, tourism suppliers, international in-market representatives, receptive tour operators, international tour operators, and trade media from Virginia's six key...

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