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'Punching below its weight': Air India CEO vows to turn around airline profitability

Air India is set to bolster its international reach by expanding orders for wide-body aircraft. CEO Tewolde Gebremariam remains optimistic about returning to profitability soon, despite the challenges of losses and escalating costs. The airline has initiated fleet renewal and adopted cost-saving strategies. Key hurdles include effective cost management and the rebalancing of hubs and networks.

'Punching below its weight': Air India CEO vows to turn around airline profitability

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

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CVR Energy Nears $4 Billion Refinery Deal With Marathon

Marathon Petroleum is nearing a deal for the sale of several refineries to CVR Energy, with the sale expected to be worth $4 billion, the Wall Street Journal has reported, citing unnamed sources.

  • Marathon Petroleum nears $4B deal to acquire CVR Energy refineries
  • Refining sector sees surge in demand due to global fuel shortages
  • CVR Energy, 71% owned by Carl Icahn, attractive takeover target

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