Iran-US conflict, $90+ crude and a rupee at 96.96/USD have pushed Europe roundtrips from Rs 60-70k to ~Rs 1 lakh and packages up 30-35%. MakeMyTrip air ticketing fell 2% QoQ to $58.73M; outward remittances dropped to $1.09bn in March from $1.65bn in January. Travellers defer or pivot to Japan, Vietnam, Korea; premium experiential demand holds.

Forbes India · 6/2/2026, 11:26:29 AM

West Asia conflict, an 11% YoY rupee slide to 96.96/USD and elevated ATF costs have lifted Europe airfares from Rs 60-70k to ~Rs 1 lakh and package prices 30-35%. MakeMyTrip air ticketing fell 2% QoQ to $58.73M with gross bookings off 6.2%. Travel remittances slid to $1.09B in March from $1.65B in January as travellers pivot to Japan, Vietnam and South Korea.

Forbes India · 6/2/2026, 11:16:19 AM

Supreme Court upheld Delhi High Court ruling that use of trademarks as Google Ads keywords by rivals like Booking.com does not, by itself, constitute trademark infringement, dealing a setback to MakeMyTrip's bid to restrain such bidding.

Moneycontrol · Results · 5/29/2026, 9:23:56 PM

India's apex court dismissed MakeMyTrip's appeal challenging Google's use of its trademarks as keywords serving Booking.com ads, ruling users would not confuse the brands. The underlying IP infringement trial continues, leaving the keyword-bidding playbook intact for rival OTAs.

Moneycontrol · Results · 5/29/2026, 9:23:29 PM