The country’s leading private airlines have sought a Rs 4,700-crore bailout package from the government to counter slowing passenger traffic, rising costs and an industry-wide liquidity crunch. Airline chiefs recently made a...
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BANGALORE: The global credit meltdown has hit home and how. The Federation of Indian Airlines (FIA) has asked for a $1 billion (about Rs 5,000 crore) interest free loan from the government to tide over the current crisis in...
BANGALORE: The global credit meltdown has hit home, and how. India's beleaguered airline sector has become the first industry to seek an official bailout from the government. The Federation of Indi...
BANGALORE: The global credit meltdown has hit home, and how. The Federation of Indian Airlines (FIA) has asked for a $1 billion (about Rs 5,000 crore) interest-free loan from the government to tide over the current crisis in...
The aviation sector is likely to post collective losses of around Rs 500 crore for the July-September financial quarter on account of softening yields per passenger and record fuel prices in the initial days of the quarter, say...
The country's leading private airlines have sought a Rs 4,700-crore (Rs 47 billion) bailout package from the government to counter slowing passenger traffic, rising costs and an industry-wide liquidity crunch.
The country's leading private airlines have sought a Rs 4,700-crore (Rs 47 billion) bailout package from the government to counter slowing passenger traffic, rising costs and an industry-wide liquidity crunch.
The country's leading private airlines have sought a Rs 4,700-crore (Rs 47 billion) bailout package from the government to counter slowing passenger traffic, rising costs and an industry-wide liquidity crunch.
The country's leading private airlines have sought a Rs 4,700-crore (Rs 47 billion) bailout package from the government to counter slowing passenger traffic, rising costs and an industry-wide liquidity crunch.