Category:

Risk Management

Now weather forecasters shield India Inc from rainy days

According to Noida-headquartered Skymet Weather Services’ Founder and Managing Director Jatin Singh: “The business has gained traction in India as insurance, banking, agribusiness, commodity traders, retail and e-commerce, transportation and government institutions have become our clients over the years.
“We are India’s largest crop insurance settlement agency.”

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Indian aviation market facing very tough competition; cost environment unfavourable: IATA

Noting that cost environment is not very favourable for airlines in India, de Juniac said prospects for the airlines’ industry are less positive than six months ago. “It is a global trend, which is more accurate and visible for cargo than for passengers. We still see a strong demand in the passenger business,” he added.

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Russia’s Aeroflot Cuts Superjet Flights After Fatal Crash in May

Flightradar24 data shows Aeroflot has also at times substituted Airbus or Boeing planes for the Superjet, the first new passenger jet developed in Russia since the Soviet Union collapsed.Fallout from the crash risks undermining the aircraft’s reputation at a time when Russia is promoting another domestically made passenger plane, the M-21, as a rival to Boeing and Airbus.

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