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Bengaluru, February 18 2025: Rossell Techsys Ltd. (ROSSTECH), provider of engineering and manufacturing solutions for the aerospace and defense sectors reported a record total revenue of INR 75.99 Crores in Q3FY25, reflecting a significant growth of 48% in revenue over the preceding quarter, driven by increase in customer orders. The company was relisted on the stock exchange on 09 Dec 2024, post demerger and segregation of the aerospace and defense business. Key Highlights: The company recorded EBITDA of INR 14.52 Cr an increase of 132% from the previous quarter. The company recorded a PBT of Rs 7.17 Cr, an exponential increase, over the preceding quarter. The company recorded a growth in basic and diluted EPS to Rs 1.32 in Q3. Optimization of operations has improved efficiencies. Talari Suvarna Raju, Ex-Chairman and Managing Director, HAL has joined the Rossell Techsys Limited Board, as an Independent Director of the Company. Detailed results are shared in Annexure I. Key Contributors to Growth in Q3FY25: Rossell Techsys’ strong financial performance was fueled by successful project deliveries, new contract wins, and expanding partnerships with global aerospace and defense clients in Israel, USA, India, and Europe. The company continues to leverage its cutting-edge engineering and manufacturing expertise, high-performance work culture and global supply chain capabilities, driving operational excellence. “This quarter’s results demonstrate our unwavering commitment to precision, quality, and innovation. Securing high-value contracts and executing them seamlessly reflects the trust our clients place in us. As a forward-looking and customer-centric organization, we remain focused on delivering world-class solutions that shape the future of aerospace and defense,” said Rishab Gupta, Managing Director, Rossell Techsys Ltd. Major Contract Wins & Project Completions During the quarter, Rossell Techsys executed multiple high-impact projects for leading aerospace and defense companies, increased its order booking by Rs 50 Cr, taking the total open order book to Rs 750 Cr and strategic agreements to Rs 2800 Cr, reinforcing its position as a preferred partner in high quality assemblies for mission critical platforms. These strategic wins position the company for significant and sustained growth in both domestic and international markets. “The aerospace and defense industries are evolving rapidly, and we are ensuring that Rossell Techsys stays ahead with investments in technology, skill development, and infrastructure. Our focus remains on delivering excellence while expanding our capabilities to meet the increasing demand for advanced capabilities in aerospace and defense assemblies,” said Harsh Mohan Gupta, Chairman, Rossell Techsys Ltd. Looking ahead, the company continues to invest in manufacturing expansion, skill enhancement, and R&D initiatives, ensuring it remains a future-ready enterprise capable of meeting the evolving demands of the aerospace and defense sectors.

Seoul, February 18, 2025: Korean Air will commence twice-daily flights between Seoul Incheon and Kobe from April 18, becoming the first Korean flag carrier to operate this route. The morning flight will depart from Seoul Incheon at 8:25 am, arriving at Kobe at 10:00 am, with the return flight departing from Kobe at 11:00 am and arriving at Seoul Incheon at 1:00 pm. The afternoon service will depart from Seoul Incheon at 3:50 pm, reaching Kobe at 5:30 pm, while the return flight will leave Kobe at 6:30 pm and arrive at Seoul Incheon at 8:40 pm. The flight time is approximately two hours. Kobe, a key city in Japan’s Kansai region alongside Osaka and Kyoto, has been a major hub since opening its port to international trade in 1868. Today, it is known for its blend of Eastern and Western influences, with attractions such as the historic Kitano-Ijinkan district, Nankin-machi Chinatown, and the vibrant waterfront of Harborland. The city is also famous for its scenic harbor views, Arima Onsen—one of Japan’s top three hot springs—and its world-renowned Kobe beef. With its central location, Kobe offers convenient access to nearby destinations. Osaka, Kyoto and Nara lie on the east and Himeji and Okayama to the west, all within an hour’s drive. Osaka, in particular, can be reached in less than 20 minutes via the bullet train. Korean Air will continue to expand its network to meet the growing demand for travel to Japan, enhancing connectivity and customer convenience.

Gurugram, 17th February 2025: Air India and Virgin Australia today announced a new codeshare partnership that significantly boosts connectivity and the ease of travelling between India and Australia. The unilateral codeshare agreement enables Air India to place its ‘AI’ code on flights operated by Virgin Australia. This enhances the opportunities that Air India customers have when travelling from Delhi to Melbourne or Sydney and take seamless onward connections on Virgin Australia flights to 16 destinations in Australia and New Zealand1. The enhanced cooperation will also ensure that passengers travelling on a single ticket will have their baggage checked through the entire journey. The 16 cities in Australia and New Zealand include: Adelaide, Ballina/Byron Bay, Brisbane, Cairns, Canberra, Darwin, Gold Coast, Hamilton Island, Hobart, Launceston, Melbourne, Newcastle, Perth, Queenstown (New Zealand)1, Sunshine Coast, and Sydney. “We are pleased to partner with Air India to make it easier for their customers to explore everything Australia has to offer. India is a growing tourism market for Australia and this partnership will encourage travellers arriving on one of Air India’s 14 weekly flights to explore more of our wonderful country thanks to seamless onward connections on the Virgin Australia network,” said Alistair Hartley, Chief Strategy and Transformation Officer, Virgin Australia. “Australia is one of Air India’s most important international markets, so it is incredibly exciting for us to be partnering with Virgin Australia to expand our presence in the region. While the partnership provides greater ease and access for the large Indian diaspora spread across the continent, it also opens up a whole new range of destinations for holidaymakers wanting to soak up the beaches of Gold Coast, discover Tasmania, or to explore the natural wonders of The Great Barrier Reef,” said Nipun Aggarwal, Chief Commercial Officer, Air India. Air India operates 14x weekly flights from India to Australia, flying non-stop daily from Delhi to Melbourne and Delhi to Sydney. The airline utilises its Boeing 787 Dreamliner aircraft on these routes.The first codeshare flights is to operate from 18 February 2025.