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Lenders did not want to touch it with a barge pole. Finally, there is a shift in debt financing in Indias hospitality sector. Lending by banks in the current financial year, from April to October, has recorded a double-digit growth, year-on-year, compared with a below 1% growth in the same period last year.
Le Grand Hôtel Cayré in Paris’ Saint-Germain-des-Prés quarter will become the first hotel under the brand in summer 2024…
“Increased demand for short-range routes, advances in batteries and electric propulsion systems, and the increasing efforts to reduce aviation’s carbon footprint and operational costs have all contributed to the urban air mobility (UAM) transportation sector’s impressive growth in 2023,” said the SITA report. “Taking to the air rather than the road may soon be possible in Paris: an electric air taxi service is in the pipeline and could be launched during the 2024 Olympic Games,” it added.
India News: MUMBAI: ‘Urban air mobility’ has seen surging interest from airlines and airports with the first flights likely to be launched during the 2024 Olympic.
FAA’s Michael Whitaker Appointed Administrator Amidst Industrial and Bureaucratic Turbulence - With a presidential election year on the horizon, a split Congress, and an...