Wealth Club

An Economic Impact Study of Delhi airport done by the National Council of Applied Economic Research (NCAER) and released on Tuesday finds that the airport contributed 0.70 per cent to the national Gross Value Added (GVA) in 2014-15 and 17.89 per cent to the Gross State Domestic Product of Delhi in 2014-15.

The airport is expected to create employment of around 40.22 lakh, which includes direct, indirect and induced effects, by 2025-26

Lufthansa has no interest in participating in a government-led restructuring of Italian carrier Alitalia, Chief Executive Carsten Spohr said. “We will not be co-investor with the government in an airline that is being restructured,” he said, on an analyst call to discuss third-quarter financial results.

WestJet Airlines Ltd, on Tuesday, reported a 66 per cent fall in quarterly profit, hurt by higher expenses due to rising fuel costs. WestJet is Canada's second-largest carrier