Latest News on Airline Industry
Showing of 0 - 10 from 19 results
Airline Industry - Total results - 19
Mar 26, 2019
After fighting several battles, Naresh Goyal forced to retire from Jet Airways; where is airline headed without him in charge?Naresh Goyal continues to be the biggest individual stakeholder in the airline, holding over 25 percent of the company even after the bank transaction closes.
Jan 02, 2019
Jet Airways defaults on loan repayments: Continuing with existing management may not help; new team is needed in cockpitJet Airways needs a large capital infusion along with the restructuring of its operations, including curtailing unviable routes in its network
Dec 10, 2018
Icra assigns negative outlook to domestic airline industry; passenger traffic growth to remain healthyThis high growth was initially propelled by low jet fuel prices and later due to the excess capacity in the market, which have forced the airlines to keep fares low and deal with competition.
Oct 05, 2018
Icra downgrades Jet Airways' long-term borrowing programme amid steep increase in fuel prices, rupee depreciationRating agency Icra has downgraded Jet Airways’ long-term borrowing programme to B from BB
Aug 28, 2018
Airline industry in 'great stress' due to high fuel prices and fall in rupee; fares likely to go up: SpiceJet chief Ajay SinghOn why airlines are not able to increase fares, the SpiceJet chairman and managing director said it has all happened at a time when the season is a little weak.
May 28, 2018
Icra lowers ratings on Jet Airways' loan facilities following weak Q4 financial performanceRating agency Icra on Monday lowered credit ratings on Jet Airways' short-term and long-term loan facilities citing weakened financial performance
Jun 13, 2017
Flying may get expensive: Domestic airline cos to increase air fares as GST to pinch cost of operationsThe government will levy tax on any import of spare components by airline companies under GST, which is not taxable under the current regime
Sep 13, 2012
Will 'Deccan' Gopinath's aam aadmi charter plan 'simply fly'?There's a risk that 'private charter' services aimed at the 'common man' may end up falling between two stools: being priced rather more for the business traveller, but without the efficiency of time that such travellers typically expect.
Jul 03, 2012
Only Middle East airlines show demand growth: IATAThe slowing economic condition has taken a toll on global air traffic, said IATA chief Tony Tyler, as it showed a general downward trend in May with Indian domestic traffic recording a meagre year-on-year rise of 0.1 percent.
Jun 09, 2012
HP Expands Converged Cloud PortfolioNew solutions offer powerful options to help enterprises on cloud journey.