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Total 713 results found. Search for [ Jet Airways debt ]

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Mumbai, January 16, 2012
The bankrupt American Airlines has decided to end services between Chicago and New Delhi, leading to loss of around 150 jobs.

BT Online Bureau
New Delhi, January 13, 2012
The orders were placed this month, a Boeing official told PTI, declining to share further details, saying it is up to the airline to make an announcement.

BT Online Bureau
New Delhi/Mumbai, January 11, 2012
The minister also ruled out reports of the government bailing out the Vijay Mallya-owned airline, saying the government is not in the favour of helping out a private entity.
January 19, 2012
Japanese Prime Minister Yoshihiko Noda, seen with Prime Minister Manmohan Singh in New Delhi, has sealed a $15 billion currency swap line with India, expected to support the falling rupee.

Sanjay Singh
New Delhi, December 28, 2011
For the Indian civil aviation sector, year 2011 has been one of unrest. The once lucrative sector has witnessed a large exodus of pilots and crew members leaving the country for greener pastures.

Lalatendu Mishra
Mumbai, December 10, 2011
While GMR Infra was affected by an adverse court ruling in Maldives, Jet and Kingfisher counters witnessed selling pressure over non-payment of service tax claims.

Sanjay Singh
New Delhi, December 9, 2011
The civil aviation ministry has finally given the nod to adraft proposal for foreign airlines to pick up 26 per cent stake in Indiancarriers, according to reliable sources.

New Delhi, December 5, 2011
The Finance Ministry is understood to have given the green signal to the proposal to allow 26 per cent FDI by foreign airlines in the private carriers, many of them facing a cash crunch, with a rider that such investments should not violate Sebi's takeover code.

Kushan Mitra
December 21, 2011
Sale and leasing of airplanes are in the spotlight. A guide to the complexities involved.

New Delhi, November 30, 2011
Civil Aviation Minister Vayalar Ravi informed the Lok Sabha in a written reply Wednesday that domestic airlines were operating only 1,643 of the approved 1,910 departures a day.

Lalatendu Mishra
New Delhi, November 30, 2011
The national carrier, which is currently running multiplepromotional fares, has introduced new advance purchase schemes (apex fares) towoo more passengers. The seven days and 14 days apex fares in the Delhi- Mumbai(one way) sector are roughly cheaper by over Rs 600 and Rs 2,300, respectively.

New Delhi, November 26, 2011
Top bosses of Indian air carriers today met Prime Minister Manmohan Singh to seek government help for the cash-strapped airline industry including rationalisation of taxes on jet fuel.
December 7, 2011
The gloves are off: Usually, Indian industry praises the government in public and saves its grievances for closed-door meetings.

Geetanjali Shukla and Kushan Mitra
November 25, 2011
Kingfisher chairman Vijay Mallya has faced rough situations earlier, but the chances that he will be able pull a rabbit out of the hat this time are slim. Only a stroke of financial genius and oodles of luck will save his cash-strapped airline with a debt of Rs 7,500 crore.

BT Online Bureau
New Delhi, November 22, 2011
Deloitte Haskins & Sells and Chaturvedi & Shah said that raising money is crucial if Jet's accounts have to be prepared on a \"going concern basis\" in the future, according to the reports.

Suman Layak and Geetanjali Shukla
November 21, 2011
In an exclusive interview fuelled by wine and cigars, Vijay Mallya puts up a spirited defence of Kingfisher Airlines and says two rivals are trying to ground him.

Harsh Vardhan
November 15, 2011
Vijay Mallya's favourite brainchild, Kingfisher Airlines, has reached a critical juncture where its survival itself is in question. The cash-strapped airlines' board meets today to chalk out a rescue plan for the carrier as it continued to cancel many of its daily flights while struggling with a pilot exodus and huge debts.

Sanjay Singh & Ashish Sinha
November 14, 2011
The government's overtures to stop private carrier Kingfisher Airlines from being grounded have run into a ferocious headwind, with Opposition parties BJP and CPM scoffing at the idea of a bailout.

Bangalore, November 12, 2011
Tycoon Vijay Mallya's cash-strapped and bleeding private carrier Kingfisher Airlines urgently requires about $400 million to survive and keep flying.

Geetanjali Shukla
November 12, 2011
The airline which started operations in 2005 hasn't reported a profit ever. What is also worrisome is that a bulk of the airline's Rs 6,000 crore debts are on account of its operating losses.

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