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Monetisation, fleet expansion targets missed: Air India wants turnaround plan corrected now

Aug 04, 2015

Monetisation, fleet expansion targets missed: Air India wants turnaround plan corrected now

SBI Caps, which had devised the initial TAP, has again been tasked with the mid-term correction and is expected to revert with a new plan in a month or two. #Business #air india #CompanyWatch #Ministry of Civil Aviation #SBI Caps #Turnaround Plan #Ministry of Urban Development #China Aircraft Aviation Company
Sebi seeks fresh clarifications on IndiGo's Rs 2,500 cr IPO

Aug 03, 2015

Sebi seeks fresh clarifications on IndiGo's Rs 2,500 cr IPO

Sebi had earlier this month also sought clarification from InterGlobe Aviation, which runs the country's biggest airline by market share under IndiGo brand. #Business #Morgan Stanley #SEBI #Citigroup #IPO #SpiceJet #GoAir #IndiGo #Barclays #Civil aviation #Interglobe Aviation #JPMorgan India #UBS Securities India #Kotak Mahindra Capital Company
NGT bans pesticide spraying while passengers onboard aircraft

Aug 03, 2015

NGT bans pesticide spraying while passengers onboard aircraft

The green panel directed the Ministry of Civil Aviation and the Directorate General of Civil Aviation to issue necessary directions in this regard. #NewsTracker #National Green Tribunal #Ministry of Civil Aviation #Swatanter Kumar #Disinfectant fumigation
Currency tonic: Govt to infuse additional Rs 800 crore into Air India

Jul 31, 2015

Currency tonic: Govt to infuse additional Rs 800 crore into Air India

The amount sought for making investment in Air India is part of the first supplementary demands for grant presented in Parliament by Finance Minister Arun Jaitley. #air india #finance ministry #Civil Aviation Ministry #NewsTracker #Arun Jaitley #DGCA #turn-around plan #service tax #Flight Operations Inspectors #Mahesh Sharma
Kingfisher Airlines caused Rs 290 cr loss to AAI, says CAG

Jul 30, 2015

Kingfisher Airlines caused Rs 290 cr loss to AAI, says CAG

Bogged down by mounting debt and operational issues, the Vijay Mallya-owned KFA was grounded in 2012 after aviation regulator DGCA cancelled its licence. #Business #CAG #Civil Aviation Ministry #Kingfisher Airlines #CompanyWatch #Vijay Mallya #AAI
Onboard meals: Air India received 13 complaints in last seven months

Jul 30, 2015

Onboard meals: Air India received 13 complaints in last seven months

Recently, in two separate reports, Air India was accused of serving contaminated food on two of its flights. #Business #air india #CompanyWatch #Ministry of Civil Aviation #Mahesh Sharma
Earnings take off: Jet Airways, SpiceJet shares fly high in sluggish market

Jul 29, 2015

Earnings take off: Jet Airways, SpiceJet shares fly high in sluggish market

SpiceJet counter witnessed hectic trading activity, clocking volumes of over 1 crore shares #Aviation #airlines #Load factor #Crude prices #Jet fuel #Earnings