Search Results for: Etihad Airways

Amid cash crunch, Jet Airways delays salary of 20 % employees: Reports

It is to be noted that Jet Airways has emerged as one of the biggest losers in the airline industry.

Sep 5, 2018

jet fuel prices, atf prices, aviation turbine fuel, atf prices in india, iata jet fuel monitor, civil aviation, india, asian civil aviation, vietnam airlines

Indian airlines to incur losses up to $1.9 billion – report

India is one of the cheapest domestic airline markets in the world and promotions such as $50 one-way tickets on the two-hour flight from Mumbai to Delhi are easy to find.

Sep 4, 2018

tcs q4 results, tcs q4 net profit, tcs q4 revenues, tcs share price, tcs final dividend

TCS likely to bag $3.5 billion contract from Britain's Rail Network: Reports

Tata Consultancy Services (TCS) could be seen as a front-runner as it has a long relationship with Network Rail including its presence in Britain and across Europe

Sep 3, 2018

Drunk man urinates on woman passenger's seat in Air India flight; probe underway

Following the incident, junior aviation minister Jayant Sinha directed Air India to follow up the matter immediately and report back to the ministry and aviation regulator, Directorate General of Civil Aviation (DGCA).

Sep 1, 2018

Temporary relief for Jet Airways: Airline gets $300 million as lease incentives and debt from banks

Recently, Jet Airways had announced a net loss of whopping Rs. 1,323 crore for the quarter ended in June due to higher crude oil price, depreciating rupee and competitive fares.

Aug 29, 2018

Kochi airport resumes operations after 15-day flood shutdown

The airport, the seventh busiest in the country, had been rendered non-functional since August 14.

Aug 29, 2018

Cash-strapped Jet Airways reports net loss of Rs 1,323 crore

Jet Airways had blamed its quarterly losses on the increase in the price of the aviation fuel and the low airfare.

Aug 28, 2018

Elon Musk cancels plans to take Tesla private; plan cancelled after board meeting

This decision comes after Musk had tweeted that he wanted to take the company private.

Aug 25, 2018

#ConnectUsToMangalore hashtag trends on Twitter; bad roads between Bengaluru and Mangaluru get people up in arms

The ghat roads connecting Bengaluru and Mangaluru are either closed due to rains or repair or are in a bad condition with potholes and no railings on the edges.

Aug 25, 2018

Lehman Brothers invite ire for party to mark 10th anniversary of global market meltdown

Lehman Brothers, a former financial services firm, has sent an email invitation to the party and addressed it to "Lehman Brothers & Sisters." The reception, complete with cocktails and canapes, is reportedly set to be held in London on September 15. The firm has also planned a reunion in New York and Hong Kong.

Aug 21, 2018

Airlines hike flight prices from Bengaluru to rain-hit parts of Kerala, Karnataka

After flight operations at Cochin International Airport were suspended till Aug 26, airlines had increased the fare prices for flights between Bengaluru and Thiruvananthapuram to around Rs 15,000.

Aug 17, 2018

jet airways, jet airways q4 results, jet airways share price, aviation stocks, spicejet share price, spicejet q4 results

Lifeline for Jet Airways as Blackstone plans to buy stake in troubled airlines' frequent flyer arm

Jet's cash reserves have dwindled due to rising crude oil prices and intense competition in the Indian market. The airline says it is evaluating all options to meet liquidity requirements and looking at measures to enhance revenue generation and increase cost cutting.

Aug 16, 2018

Kerala Rains LIVE: Kochi airport suspends operations until August 18, red alert in multiple districts

Overflowing rivers and massive landslides have resulted in the death of about 44 people in the state and about five are said to be missing.

Aug 15, 2018

An aircraft of India's Jet Airways lands

Jet Airways debt burden: Troubled airline scrambling to avoid loan repayment default

The full-service airline has written to a consortium of overseas lenders, in which it has requested that a loan covenant on its existing debt terms be waived. The lenders had put a condition of a minimum profit of $50 million for FY19 and Jet has said it wouldn't be able to fulfil this condition.

Aug 14, 2018

Jet Airways' Board defers consideration of Q1 results; says all accounts with lenders are 'Standard'

According to Jet Airways, it has been evaluating various funding options to meet its liquidity requirements on priority.