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AIRLINE LIABILITY
Kerala man wins over Rs 1 lakh from Air India after 9-year legal battle over missed Saudi flightA consumer commission ruled against Air India, requiring the airline to compensate a passenger who missed his international flight after a ...
Air India turnaround to take 5-10 years, says Tata Sons' ChandrasekaranTata Sons chairman N. Chandrasekaran said Air India's turnaround will take five to 10 years, citing supply-chain constraints, legacy system...
Warren Buffett, Isaac Newton and the fourth law of moneySomewhere between what your investments earn and what you actually keep, a portion goes missing every year. It is charged by nobody you cou...
IndiGo Q1 Results: Airline reports Rs 238 crore loss vs profit YoY; revenue rises 20%Interglobe Aviation Q1 Results: IndiGo reported a net loss of Rs 238 crore in Q1FY27, compared with a profit of Rs 2,176 crore a year ago, ...
Warren Buffett said Berkshire Hathaway would be worth half without this company – although it kept shrinkingWarren Buffett once told his shareholders that without one particular acquisition, Berkshire Hathaway “would be lucky to be worth half of w...
Global headwinds, resilient MSMEs: India’s ECLGS 5.0 responseThe real significance of ECLGS 5.0 lies not merely in the credit it provides but in what the credit protects.
Flight of capitalA budget airline's absurd pricing model, charging for emotions and even air, highlighted extreme capitalism. Meanwhile, a mandatory office ...
Air India crash report: AAIB says AI-171 crash probe in final analysis stage, urges restraint on speculationOne year after the Air India flight AI171 crash, the AAIB released a second interim report. The investigation into the Boeing 787-8's fatal...
Air India denies pressuring AI-171 victims' families to sign compensation waiver, says no deadline to accept settlementAir India refutes claims of pressuring families of AI-171 crash victims. The airline states there is no deadline or pressure to accept its ...
Vijay Rupani's daughter urges Air India to drop compensation waiver requirementAir India is offering compensation to families of victims from last year's Ahmedabad plane crash. However, families must waive their right ...
Vijay Rupani's daughter accuses Air India of pressuring crash victims' families to waive legal rightsAir India, on its part, said families are under no deadline to accept its final compensation offer and are free to wait for the AAIB report...
Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 croreThe Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in bu...
SC rejects SpiceJet's plea in Rs 144 cr case with Kalanithi Maran & Kal Airways, asks it to move Delhi HCThe Supreme Court of India on Tuesday asked SpiceJet to approach the Delhi High Court for more time to deposit Rs 144 crore in its dispute ...
Sri Lanka reopens Hambantota airport bid, eyes strategic investorsSri Lanka is seeking investors for the Hambantota airport. This offers a chance for Indian companies to invest in a strategic Indian Ocean ...
SpiceJet's engine lessors reject promoter Ajay Singh's offer to pledge personal shares towards airline's liabilityTeam France and Sunbird France had moved the HC in December, alleging the airline had not paid them their past dues for over two years and ...
Govt offers Air India with loan against aircraft of Rs 23,286 croreThe government is offering 100% of the airline, while reducing the debt of the company to Rs 23,286 crore.
From Kingfisher to United: Airlines who flew bankruptAir India is under a debt of over Rs 52,000 crore, with the government planning disinvestment to help it survive.
Bill to revise airlines' liability introduced in Lok SabhaAs per the Bill, the liability for delay in carriage for each person is proposed to be raised from 4,150 SDR to 4,694 SDR.
Now, flight delay not the airline's liabilityWith private airlines steeply hiking last-minute cancellation and rescheduling charges, passengers should now pray that their flights are n...
Air India did not transfer profitable routes to private carriers in 3 yearsRajiv Shukla (Congress) alleged that the transfer of routes had found mention in an earlier report of Air India itself.