Warren Buffett's Berkshire posts nearly $50 billion loss hit by coronavirus; says made 'a mistake' investing in airline sector stocks
• 5 years agoBerkshire's stock price has fallen 1% in 2020, compared with a 12% drop in the Standard & Poor’s 500, despite Warren Buffett’s prediction that Berkshire would outperform in down markets.
Coronavirus impact: Several US airlines ask passengers, crew to get own face masks; make it mandatory condition to fly
• 5 years agoThis new requirement is part of the airlines' ongoing commitment to prioritizing customers' and team members' well-being in the face of the coronavirus (COVID-19) pandemic,
Jet Airways stake sale: Etihad, TPG Capital among five companies submit EoIs to acquire crisis-hit airline shares
Fp Staff • 6 years agoSBI-led consortium of domestic lenders are implementing a debt resolution plan for Jet Airways, whose board approved the plan last month.
Debt-laden Jet Airways to cut flights on some routes after further losses; to add capacity to more lucrative markets
• 6 years agoJet, India’s biggest full-service carrier posted its third straight quarterly loss on Monday, hurt by higher fuel expenses and a weaker rupee.
Amid a desperate scramble for cash, Jet Airways is banking on promoter Naresh Goyal's ability to save the day
Sindhub • 7 years agoThe government seems wary of helping Jet Airways promoter Naresh Goyal in such trying times. Can he pull a rabbit out of his hat to save his beloved airline?
Air India disinvestment: IndiGo, Qatar Airways consortium likely to table bid for the national carrier
Fp Staff • 7 years agoA consortium of low-cost carrier IndiGo and Qatar’s national carrier, Qatar Airways is likely to make a bid for national carrier Air India
Jet Airways, Air France-KLM, Delta consortium to bid for Air India as govt moves forward with disinvestment
• 7 years agoA consortium of Jet Airways, Air France-KLM and Delta Airlines understood to have expressed interest in the disinvestment of national carrier Air India, according to sources.
Vinay Dube joins Jet Airways as new CEO after security clearance
• 8 years agoUnder Vinay Dube's leadership, Naresh Goyal, Chairman, Jet Airways said the airline would accelerate the momentum of turning around the company as well as deepen relationship with strategic partner Etihad Airways.
Ranchi: AirAsia passenger attempts to open exit door midair, handed over to police
Fp Staff • 8 years agoAn Air Asia flight's door was opened by a passenger before the aircraft landed in Ranchi airport and passenger responsible has been handed over to police.
After United, it's Delta Airlines: Company apologises for kicking family with young children off a flight
Ians • 8 years agoUS' Delta Airlines has issued an apology for kicking a family with two young children off a flight after the customers had already boarded, the media reported