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Indigo's Revival Bid- Business News


Indigo s Revival Bid
After a brutal year, India s largest airline looks to bounce back, but there could be surprises ahead
On March 25, 2020, all 259 aircraft of India s largest airline by market share, IndiGo, were grounded as the government suspended commercial flights - domestic and international -indefinitely due to rising Covid cases. While Indian aviation has seen numerous ups and downs, the March-May 2020 period was the worst-ever.
As the market leader and the country s largest low-cost carrier (LCC), the scale of damage for IndiGo was bigger than the rest. While revenues stopped coming, fixed costs started eating into profits, and in turn, cash reserves. In April, agencies such as CAPA India predicted a loss of $1.5 billion for IndiGo and SpiceJet over the next six months. The impact was so brutal that some brokerages stopped tracking the sector, and IndiGo in particular. We believe the impact on aviation sector will be severe and the ability to forecast fina ....

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Detailed text transcripts for TV channel - MSNBC - 20130815:05:42:00

Sam stein takes us to that piece, in a report for the mandatory reading for anybody concerned about the progress of science in this country, and therefore, the world. inside these incubators, the doctor stores cultures that he believes holds the key to a massive advancement in health care. he has identified the specific strands of the molecule that plays a large role in gene expression that are responsible for promoting the formation and fusion of muscular tissue. the implications of such discovery are interesting. people who suffer from diseases like md would have easier treatments. if you can find ways to manipulate this muscle process, it would do a huge amount for human health. the doctor says, the biggest problem going forward for dr. dutta, it is not the challenge ....

Sam Stein , Health Care , Gene Expression , Muscular Tissue , Muscle Process , Human Health ,

Detailed text transcripts for TV channel - MSNBC - 20130815:05:44:00

Reduced about 750 grants that they could have given to scientists across the country. and basically, you re left with the potentially promising progresses like dr. dutta was doing. when he initially tried for the grants, 98% of them, he bested them. this time around he can t get funding. what we ll end up happening, in ten year s time, we ll see the consequences of them. you won t see the consequences in the next year or so. it is when we don t discover the cure for diseases that it is a bad investment. and the result is health care costs will be incurred because of the lack of scientific breakthroughs. sam, you have committed yourself like nobody else about what is happening in the sequestration stories. where most of us would not see the impact in our lives. i kind of deliberately kept the word sequestration away from the ....

Health Care Costs , Sam Stein , Sequestration Stories ,

Detailed text transcripts for TV channel - MSNBC - 20130815:02:43:00

Human health. the doctor says, the biggest problem going forward for dr. dutta, it is not the challenge of this extraordinarily difficult laboratory work, the problem is paying for his research. dr. dutta told sam stein, i am living off fumes. joining me now is msnbc contributor sam stein. now, sam, as you know, the rewrite is a segment of the show i usually do alone. but when i read your piece this morning, i thought it was so important we needed to get it in the show tonight. and we ll need your help with it. tell us why the scientific research like this in this country is not being funded at the levels it needs. well, first of all, thank you for doing this segment. science has been deprioritized because of sequestration. now we re back at 2007 levels ....

Sam Stein , Laboratory Work , Human Health ,

Detailed text transcripts for TV channel - MSNBC - 20130815:02:44:00

Because of sequestration that reduced about 750 grants that they could have given to scientists across the country. and basically, you re left with the potentially promising progresses like dr. dutta was doing. when he initially tried for the grants, 98% of them, he bested them. this time around he can t get funding. what we ll end up happening, in ten year s time, we ll see the consequences of them. you won t see the consequences in the next year or so. it is when we don t discover the cure for diseases that it is a bad investment. and the result is health care costs will be incurred because of the lack of scientific breakthroughs. sam, you have committed yourself like nobody else about what is happening in the ....

Sam Stein , Health Care Costs ,