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Time of India
2 days ago
- Business
- Time of India
Airlines projected to report USD 36 billion profit in 2025: IATA
Global airlines are set to soar with profits reaching 36 billion USD next year. The International Air Transport Association, IATA, held its annual meeting in New Delhi after 42 years. Supply chain issues and aircraft backlogs were key concerns. India's aviation sector supports millions of jobs and contributes significantly to the GDP. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Airlines' profit is expected to touch USD 36 billion, slightly higher than USD 32.4 billion posted last year, IATA said on the Annual General Meeting (AGM) of the International Air Transport Association (IATA) in the national capital, its Director General Willie Walsh asserted that airspace should be kept out of trade AGM is taking place in India after 42 concerns over supply chain issues, Walsh said there is a backlog of 17,000 aircraft and 1,100 planes under 10 years are in storage while the fleet replacement rate is three per 2025, airlines globally are expected to report a profit of USD 36 billion, higher than USD 32.4 billion recorded in 2024, but slightly down compared to USD 36.6 billion projected in December 2024, as per said that USD 36 billion profit is significant but that equates to just USD 7.20 per passenger per segment."It's still a thin buffer and any new tax, increase in airport or navigation charge, demand shock or costly regulation will quickly put the industry's resilience to the test," he airline industry 's revenues are expected to reach a historic high of USD 979 billion in 2025, around 1.3 per cent higher than the figure seen in 2024, according to IATA, which represents about 350 airlines comprising over 80 per cent of the global air 1,700 participants are expected to attend the World Air Transport Summit, and the to IATA, India's aviation industry directly employs 3,69,700 people and generates USD 5.6 billion of indirect, induced and tourism impacts are included, the totals rise to 7.7 million jobs and USD 53.6 billion of GDP (1.5 per cent).The next IATA AGM will be held in Brazil in 2026.
Time of India
22-05-2025
- Business
- Time of India
RVNL shares in focus after Q4 profit dips 4% YoY to Rs 459 crore
Live Events RVNL share price target RVNL shares performance (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Rail Vikas Nigam Limited (RVNL) will be in focus on Thursday after the company reported a 4% year-on-year decline in net profit to Rs 459 crore for the quarter ended 31 March 2025. In the same period last year, it had posted a profit of Rs 478.4 from operations fell 4.3% to Rs 6,426.9 crore, compared to Rs 6,714 crore in the corresponding quarter of the previous the operating level, EBITDA dropped 5% to Rs 432.9 crore, while the EBITDA margin narrowed slightly to 6.7% from 6.8% a year company has recommended a final dividend of Rs 1.72 per equity share (17.20%) on the face value of Rs 10 each for the financial year 2024–25. The dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM). Upon approval, the final dividend will be paid within 30 days from the date of its declaration at the to Trendlyne, the average target price for RVNL stands at Rs 339, implying a downside of nearly 18% from current levels. Among the 2 analysts covering the stock, the consensus rating is 'Sell'.From a technical perspective, the Relative Strength Index (RSI) is at 64.8, indicating neutral momentum. The MACD stands at 5.9 and is positioned above both its center and signal lines, suggesting a bullish trend. RVNL shares are currently trading above their 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, and 150-day simple moving averages (SMAs).RVNL shares closed at Rs 412.1 on Wednesday, down 0.7% on the BSE, even as the Sensex gained 0.51%. The stock has risen 11% in the past three months and 255% over the last two years. Its current market capitalisation stands at Rs 85,924 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
