Search Results for: Etihad Airways

Will private equity firms rescue debt-ridden Jet Airways?

Jet Airways is also trying to take other airline partners on board, primarily Delta Air Lines, for funds. Etihad Airways, which has a 24 percent stake in the airline, has shown reluctance to infuse additional capital.

Aug 13, 2018

State Bank of India Q1 loss at Rs 4,876 crore on higher provisioning for NPAs

The country's largest lender's NPAs during the quarter in review rose to 10.69 percent of its total advances, as compared to 9.97 percent in the same period a year ago.

Aug 11, 2018

Seattle airport employee steals Alaska Airlines aircraft, crashes on Ketron Island

The aircraft was diverted to an area away from the city by a US Air Force Fighter Jet, after which it went down on Ketron Island. No passengers were on board the aircraft.

Aug 11, 2018

Ryanair pilots' strike grounds 400 flights across Europe; shares dip 1%

The pilots are protesting against the lack of negotiations on wages. A similar incident occurred in July when the cabin crew went on strike and 300 flights were grounded.

Aug 10, 2018

jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Jet Airways has debunked rumours of pay cut and job losses but the shares have been on free fall. Meanwhile a new report says the carrier needs a huge cash infusion immediately to stay afloat.

Aug 10, 2018

Indian official at UN under investigation after 8 men accuse him of sexual misconduct

The official has reportedly been placed on "administrative leave" and is not working in any kind of official capacity at present. He remains on UN's payroll as of now, but the UN body had assured of disciplinary action if charges leveled against him are proved.

Aug 10, 2018

Jet Airways' Naresh Goyal apologises to shareholders for losses and plummeting shares in glum Q1

Naresh Goyal, the chairman and founder, spoke to the company's shareholders during the annual general meeting and said that he was unhappy as a lot of shareholders had lost their money amid Jet Airways' financial issues.

Aug 10, 2018

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Sigh of relief for debt-ridden Indian airline sector; government may allow external funding

The aviation ministry has sought for a cap of $500 million (Rs 34.5 billion) for a single company and $1 billion (Rs 69 billion) for the entire aviation sector.

Aug 9, 2018

Jet Airways layoffs: After pay cut plans failed to materialise, airline letting go 500 staffers?

Jet Airways is reportedly mulling handing out pink slips to about 500 of its ground personnel. Not just that, the airline may also reportedly reorganise and trim the cabin crew on its Boeing and Airbus fleet and terminate the contract of its senior crew members.

Aug 9, 2018

British Airways accused of racism after carrier offloads Indian family over crying toddler

The three-year-old was reportedly wailing in the flight and the mother managed to console the child when the plane was taxiing for takeoff. However, the crew asking everyone to be seated and shouting at the family scared the child even more, after which he started crying uncontrollably.

Aug 9, 2018

Transport strike: Cities brace for commuting woes as drivers protest against Motor Vehicles Amendment Bill

The All India Motor Transport Organisation has called for a bandh to protest against the proposed amendment to the Motor Vehicle Bill and rise in fuel prices. While state organisations were expected to participate, several autos, buses and app-based have been plying as usual in many cities.

Aug 7, 2018

Q1 results season, global trade tensions to affect markets' moves

Market analysts opined that crude oil prices and developments in the Monsoon Session of Parliament will also affect the markets' movement.

Aug 5, 2018

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Jet Airways refutes reports of pay cuts and stake sale, calls them 'factually incorrect' and 'malicious'

Jet Airways CEO Vinay Dube on Friday, August 3, said that the carrier wasn't facing issues and was consistently taking up several measures to cut costs without affecting the employees. He added that the reports of pay cuts and stake sale were not just "factually incorrect, but also malicious."

Aug 4, 2018

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Is Jet Airways headed for Kingfisher's fate? Fact file on Naresh Goyal and his iconic carrier

The launch of Jet Airways in 1993 marked the opening up of the rusty Indian economy. It's a paradox that, decades later, the iconic carrier is facing trouble in an era defined by the 100 percent FDI in aviation sector.

Aug 3, 2018

End of the road for Jet Airways? Company may have to ground operations in 60 days

The company has reportedly told its staff that it will have to close operations within 60 days if it does not implement drastic cost-cutting measures, including more pay cuts and job losses.

Aug 3, 2018

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Search Results for: Etihad Airways

Will private equity firms rescue debt-ridden Jet Airways?

State Bank of India Q1 loss at Rs 4,876 crore on higher provisioning for NPAs

Seattle airport employee steals Alaska Airlines aircraft, crashes on Ketron Island

Ryanair pilots' strike grounds 400 flights across Europe; shares dip 1%

Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Indian official at UN under investigation after 8 men accuse him of sexual misconduct

Jet Airways' Naresh Goyal apologises to shareholders for losses and plummeting shares in glum Q1

Sigh of relief for debt-ridden Indian airline sector; government may allow external funding

Jet Airways layoffs: After pay cut plans failed to materialise, airline letting go 500 staffers?

British Airways accused of racism after carrier offloads Indian family over crying toddler

Transport strike: Cities brace for commuting woes as drivers protest against Motor Vehicles Amendment Bill

Q1 results season, global trade tensions to affect markets' moves

Jet Airways refutes reports of pay cuts and stake sale, calls them 'factually incorrect' and 'malicious'

Is Jet Airways headed for Kingfisher's fate? Fact file on Naresh Goyal and his iconic carrier

End of the road for Jet Airways? Company may have to ground operations in 60 days

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]