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SoraNews24
03-06-2025
- Entertainment
- SoraNews24
Studio Ghibli adds folding fans to its anime specialty store in Japan
Totoro and No Face whisk you away to enchanted worlds. With the humidity beginning to rise in Japan, Studio Ghibli is here to provide some much needed relief with two folding fans dedicated to My Neighbour Totoro and Spirited Away. The first fan depicts the Totoros from My Neighbour Totoro, in a cooling nighttime forest scene. Totoro and the smaller Medium Totoro can be seen blowing into their ocarinas as they do in the film. On the other end of the fan you'll find the Small Totoros hanging out on a branch, watching the fireworks as many people do during summer in Japan. The attention to detail continues beneath the design, where you'll be greeted by charming Totoro cutouts every time you open the fan. The second design is adorned with camelias and characters from Spirited Away. No Face stares out from the floral setting as a scattering of Soot Sprites scamper about, carrying their beloved star-shaped komeito candy pieces. ▼ Stretching across the fan is Haku, in dragon form… ▼ …and on the bottom, cutout details tip the hat to natural elements like bamboo leaves. With fans being an essential everyday item on summer outings, you'll need a bag to store them in, and there are four varieties to choose from, two of which are new for summer. ▼ The new bags feature No Face, with the kanji 'ゆ' ('Yu') acting as a nod to the bathhouse in the film… ▼ …and Totoro, with a Soot Sprite. Unfortunately, the blue Totoro bag proved to be so popular that it sold out soon after it was released on 31 May. However, two designs have been restocked, including one with an image of Totoro, in a traditional yellow-toned Japanese colour known as 'yamabuki'. The final fan bag is an indigo-hued variety featuring No Face, again with the character 'ゆ', but this time the character is looking over its shoulder, in a pose that recalls the moment a cooling wave of water splashes against him during the train journey scene. The fans retail for 4,070 yen (US$28.33) each and the bags for 1,540 yen each, and they can be purchased at Donguri Kyowakoku stores and online, while stocks last. If flat fans are more your thing, Studio Ghibli has you covered there too. Source: Donguri Kyowakoku Top Image: Donguri Kyowakoku Insert images: Donguri Kyowakoku (1, 2, 3, 4, 5, 6) ● Want to hear about SoraNews24's latest articles as soon as they're published? Follow us on Facebook and Twitter!
Time of India
12-05-2025
- Business
- Time of India
Capex at small private airports to surge 50–60% annually over next 3 years: Crisil
Representative image Capital expenditure (capex) at small private airports in India is expected to increase by 50–60 per cent annually over the next three years, driven by capacity expansion amid rising terminal utilisation levels, ratings agency Crisil said on Monday. In contrast, capex at large private airports is projected to decline over the same period, as most of their capacity expansion projects are either completed or nearing completion, the agency added as quoted by news agency PTI. Despite the uptick in investment at smaller airports, the overall capex by private airports is expected to slow marginally by 10–15 per cent to around Rs 40,000 crore over the next three years, according to Crisil. The agency's analysis is based on the capex plans of 11 operational private airports and two soon-to-be-operational ones, which together account for more than 95 per cent of India's private airport passenger traffic. For the purpose of this analysis, small private airports are defined as those with a capacity of less than 20 million passengers per annum and located in cities such as Ahmedabad, Guwahati, Jaipur, Trivandrum, Mangalore, Lucknow, and Goa. Large private airports are those handling more than 20 million passengers annually or located in metro areas like Delhi-NCR, Mumbai MMR, Bangalore, and Hyderabad. Capex at small private airports is set to rise 50–60 per cent on average during fiscals 2026–2028 compared to the previous three fiscal years. This growth will be fuelled by capacity expansion, as terminal utilisation has risen sharply, Crisil said. "Small private airports are expected to embark on a significant expansion of up to 1.5 times their current base by fiscal 2028. This is in response to escalating travel demand and moderate capacity on the ground," said Ankit Haku, Director at Crisil Ratings. Passenger traffic at these airports has shown a robust compound annual growth rate (CAGR) of around 45 per cent between fiscals 2022 and 2025, driven by strong demand and recovery in air travel. However, capacity growth has lagged, with a modest CAGR of around 20 per cent, pushing terminal utilisation levels to 60–90 per cent and creating a pressing need for expansion, Haku noted. In comparison, large private airports are expected to see reduced capacity additions, having already undergone substantial expansions in recent years. These upgrades have absorbed high passenger growth while maintaining terminal utilisation at a stable 80–85 per cent, Crisil said. New greenfield airports are also scheduled to become operational this fiscal year, with limited additional capex required. Their strategic locations near tier-1 cities reduce off-take risk and support a smooth ramp-up in passenger and cargo volumes. According to Crisil, most upcoming capital expenditure in the sector will be directed towards maintenance – such as equipment refurbishment, amenity upgrades, and infrastructure development – rather than expansion. "While capex intensity for small private airports will rise to over 2 times, project risk will be manageable since these are expansions of existing sole airports in their respective cities. Further, their sponsors' expertise in operating large private airports and their strong fundraising capabilities also mitigate some of the risks," said Gauri Gupta, Team Leader at Crisil Ratings. Capex intensity refers to the ratio of capex to earnings before interest, taxes, depreciation, and amortisation (EBITDA). For large airports, the slowdown in capex presents an opportunity to optimise existing capacity, with traffic growing at a CAGR of around 30 per cent over the last three fiscal years. "Further, an established regulatory tariff framework that provides a pass-through of capex costs with reasonable returns remains conducive for the sector," Gupta added. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Economic Times
12-05-2025
- Business
- Economic Times
Capex of small pvt airports may rise up to 60 pc on average over next 3 yrs: Crisil
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Capital expenditure (capex) of small private airports is expected to rise 50-60 per cent on an average over the next three years on the back of capacity expansion on account of substantial increase in terminal utilisation levels, ratings agency Crisil said on Monday. On the other hand, capex at large private airports will see a decline during the same period as much of the capacity expansion has been completed or is nearing completion, it the overall capex of private airports will slightly slow down by 10-15 per cent to about Rs 40,000 crore over the next three years, as per the ratings said its analysis is based on the capex of 11 operating private airports and two soon-to-be-operational private airports, which together account for more than 95 per cent of India's private airport passenger this study, small private airports were classified as those with capacity of less than 20 million passengers per annum and located in Ahmedabad, Guwahati, Jaipur, Trivandrum, Mangalore, Lucknow, and Goa while the large private airports are classified as those with more than 20 million passengers, or located in Delhi-NCR, Mumbai MMR(Mumbai Metropolitan Region), Bengaluru, and Hyderabad, at small private airports will be up 50-60 on average in during 2026-2028 compared with previous three fiscal years. This will be driven by capacity expansion due to substantial increase in terminal utilisation levels, Crisil the other hand, capex at large private airports will see a decline during the same period as much of the capacity expansion has been completed or is nearing completion."Small private airports are expected to embark on a significant expansion of up to 1.5 times of their current base by fiscal 2028. This is in response to escalating travel demand and moderate capacity on the ground," said Ankit Haku, Director at Crisil demand leading to recovery of air traffic movement has yielded a remarkable compound annual growth rate of about 45 per cent in passenger traffic at small private airports between FY22 and capacity growth at these airports has been relatively sluggish, with a modest CAGR of around 20 per cent over this period, resulting in terminal utilisation levels increasing from around 60-90 per cent and a need to build additional capacity, Haku contrast, large private airports are expected to see a significant reduction in capacity addition following substantial expansion over the past three years, which has absorbed high traffic growth and kept terminal utilisation stable at 80-85 per cent, Crisil said."While capex intensity for small private airports will rise to over 2 times, project risk will be manageable since these are expansions of existing sole airports in their respective cities. Further their sponsors' expertise in operating large private airports and their strong fund-raising capabilities also mitigates some of the risks," said Gauri Gupta, team leader at Crisil intensity is the ratio of capex-to-earnings before interest, taxes, depreciation and for large airports, a slowing of capex will provide an opportunity to further sweat out of their capacities, with traffic growth rising to around 30 per cent CAGR over the last three fiscal established regulatory tariff framework that provides a pass through of capex costs with reasonable returns remains conducive for the sector, Gupta added.
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Business Standard
12-05-2025
- Business
- Business Standard
Capex at small private airports to rise up to 60% by FY28: Crisil
Capital expenditure (capex) of small private airports is expected to rise 50-60 per cent on an average over the next three years on the back of capacity expansion on account of substantial increase in terminal utilisation levels, ratings agency Crisil said on Monday. On the other hand, capex at large private airports will see a decline during the same period as much of the capacity expansion has been completed or is nearing completion, it said. However, the overall capex of private airports will slightly slow down by 10-15 per cent to about Rs 40,000 crore over the next three years, as per the ratings agency. Crisil said its analysis is based on the capex of 11 operating private airports and two soon-to-be-operational private airports, which together account for more than 95 per cent of India's private airport passenger traffic. For this study, small private airports were classified as those with capacity of less than 20 million passengers per annum and located in Ahmedabad, Guwahati, Jaipur, Trivandrum, Mangalore, Lucknow, and Goa while the large private airports are classified as those with more than 20 million passengers, or located in Delhi-NCR, Mumbai MMR(Mumbai Metropolitan Region), Bengaluru, and Hyderabad, said. Capex at small private airports will be up 50-60 on average in during 2026-2028 compared with previous three fiscal years. This will be driven by capacity expansion due to substantial increase in terminal utilisation levels, Crisil said. On the other hand, capex at large private airports will see a decline during the same period as much of the capacity expansion has been completed or is nearing completion. "Small private airports are expected to embark on a significant expansion of up to 1.5 times of their current base by fiscal 2028. This is in response to escalating travel demand and moderate capacity on the ground," said Ankit Haku, Director at Crisil Ratings. Strong demand leading to recovery of air traffic movement has yielded a remarkable compound annual growth rate of about 45 per cent in passenger traffic at small private airports between FY22 and FY25. However, capacity growth at these airports has been relatively sluggish, with a modest CAGR of around 20 per cent over this period, resulting in terminal utilisation levels increasing from around 60-90 per cent and a need to build additional capacity, Haku added. In contrast, large private airports are expected to see a significant reduction in capacity addition following substantial expansion over the past three years, which has absorbed high traffic growth and kept terminal utilisation stable at 80-85 per cent, Crisil said. "While capex intensity for small private airports will rise to over 2 times, project risk will be manageable since these are expansions of existing sole airports in their respective cities. Further their sponsors' expertise in operating large private airports and their strong fund-raising capabilities also mitigates some of the risks," said Gauri Gupta, team leader at Crisil Ratings. Capex intensity is the ratio of capex-to-earnings before interest, taxes, depreciation and amortisation. As for large airports, a slowing of capex will provide an opportunity to further sweat out of their capacities, with traffic growth rising to around 30 per cent CAGR over the last three fiscal years. Further, established regulatory tariff framework that provides a pass through of capex costs with reasonable returns remains conducive for the sector, Gupta added.
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Business Standard
12-05-2025
- Business
- Business Standard
Small private airports' capex to grow 50-60% annually over next 3 years
Capital expenditure (capex) of small private airports is expected to rise 50-60 per cent annually over the next three years, driven by capacity expansion on account of a substantial increase in terminal utilisation levels, ratings agency Crisil said on Monday. On the other hand, capital expenditure (capex) at large private airports will see a decline during the same period, as much of the capacity expansion has been completed or nearing completion, it added. However, the overall capex of private airports will slightly slow down by 10-15 per cent to around Rs 40,000 crore over the next three years, as per the ratings agency. Crisil said its analysis is based on the capex of 11 operating private airports and two soon-to-be-operational private airports, which together account for more than 95 per cent of India's private airport passenger traffic. For this study, small private airports are classified as those with capacity of less than 20 million passengers per annum and located in Ahmedabad, Guwahati, Jaipur, Trivandrum, Mangalore, Lucknow and Goa, while the large private airports are classified as those with more than 20 million passengers or located in Delhi-NCR, Mumbai MMR (Mumbai Metropolitan Region), Bangalore and Hyderabad. Capex at small private airports will be up 50-60 per cent on average in fiscals 2026-2028 compared to the previous three fiscal years. This will be driven by capacity expansion due to a substantial increase in terminal utilisation levels, Crisil said. On the other hand, capex at large private airports will see a decline during the same period, as much of the capacity expansion has been completed or is nearing completion. "Small private airports are expected to embark on a significant expansion of up to 1.5 times their current base by fiscal 2028. This is in response to escalating travel demand and moderate capacity on the ground," said Ankit Haku, Director at Crisil Ratings. Strong demand leading to recovery of air traffic movement has yielded a remarkable compound annual growth rate of around 45 per cent in passenger traffic at small private airports between fiscals 2022 and 2025. However, capacity growth at these airports has been relatively sluggish, with a modest CAGR of around 20 per cent over this period, resulting in terminal utilisation levels increasing from around 60-90 per cent and a need to build additional capacity, Haku added. In contrast, large private airports are expected to see a significant reduction in capacity addition, following substantial expansion over the past three years, which has absorbed high traffic growth and kept terminal utilisation stable at 80-85 per cent, Crisil said. Additionally, greenfield airports are set to become operational this fiscal year, with minimal capital expenditure required going forward. Their strategic locations in or near tier-1 cities minimise off-take risk, enabling a smooth ramp-up of passenger and cargo volumes. As a result, in the medium term, most capital expenditure will be allocated towards maintenance refurbishing equipment, upgrading amenities and developing infrastructure rather than expanding capacity, the ratings agency said. "While capex intensity for small private airports will rise to over 2 times, project risk will be manageable since these are expansions of existing sole airports in their respective cities. Further, their sponsors' expertise in operating large private airports and their strong fundraising capabilities also mitigate some of the risks," said Gauri Gupta, team leader at Crisil Ratings. Capex intensity is the ratio of capex to earnings before interest, taxes, depreciation and amortisation. As for large airports, a slowing of capex will provide an opportunity to further sweat out their capacities, with traffic growth rising to around 30 per cent CAGR over the last three fiscal years. Further, an established regulatory tariff framework that provides a pass-through of capex costs with reasonable returns remains conducive for the sector, Gupta added. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
