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AIRASIA FINANCIAL HEALTH
Malaysia talks to rival airlines as it monitors AirAsia's financial health, sources sayFaced with challenges, the Malaysian government is exploring options for other airlines to take over AirAsia's domestic market presence. Th...
From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...
Mohandas Pai vs IndiGo: Ex-Infosys CFO says they 'treat passengers badly' after AC issue. How the airline responded?Former Infosys CFO Mohandas Pai criticized IndiGo airlines for leaving passengers on flight 6E 7407 without air conditioning on a hot Benga...
'You already earn crores per hour'. Shark Tank judges react after YouTuber Gaurav Taneja, aka Flying Beast, pitches his nutrition brandIn a recently unveiled promo for Shark Tank India Season 4, renowned social media influencer Gaurav Taneja, widely recognized as Flying Bea...
Low-cost airline kingpin Tony Fernandes prepares for life after AirAsiaTony Fernandes, the larger-than-life character credited with revolutionizing budget air travel in Asia, plans to focus more on areas such a...
Tata to infuse $2 billion into super-app Neu; tech firms slashed over 1.5 lakh jobs this yearTata Group is planning to infuse another $2 billion into its super app venture Tata Neu, news agency Bloomberg reported, citing people fami...
Qatar Airways 'reached out' to Tatas to jointly bid for Air India 4 years agoThe 2018 divestment process saw no one expressing interest. In the second attempt last year, the Tatas, using their 84%-owned AirAsia India...
Tatas Group raise debt funds for AirAsia India, infuse equity into VistaraIn AirAsia India’s latest board meeting, joint venture partners Tata Sons and Malaysian low fare carrier AirAsia Berhad decided to raise ₹3...
ET BUSINESS EXCELLENCE 2019 - TRAILBLAZERS IN THE LIMELIGHTSome of Bengaluru’s biggest achievers, admirable entrepreneurs, top-notch businessmen and generous philanthropists, were applauded at The E...
With Jet in NCLT hangar, assets on Tata radarTata Group will focus on assets it can use to scale up & tap the gap created by the exit of Jet.
Jet Airways' collapse push India to 4th slot in air travel market indexRussia, the US and Japan are the top three growing markets now, according to the International Air Transport Association (IATA).
Vistara will continue to develop its network in India & abroad; mum on Tata group's stand on Jet: Bhaskar BhatVistara, which started operations in 2015, is 51% owned by Tata Sons and 49% owned by Singapore Airlines.
Trusts seeks nominees to Tata Sons boardTata Trusts was in the public eye also following the recent exit of one of Ratan Tata's oldest and trusted aides, NA Soonawala, citing heal...
Jet Airways vows to cut costs, sell stake in loyalty programBesides cost reductions, Jet Airways has also proposed capital infusion and paring of debt that would result in “significant” decrease in i...
Market movers: Bypoll jolt, cruising on growth and moreA look at top macro triggers that may move market on Friday.
A look at the key pressure points for India's aviation sectorRising crude oil prices, the dollar strengthening against the rupee and clogging at airports will create a headwind for the industry.
Domestic airlines to trim losses by upto 90% this fiscal:IcraThe projections, however, do not include the financials of full-service carrier Vistara and budget airline AirAsia India.
AirAsia India's payouts to parent may add to its worriesMany of transactions — primarily aircraft lease rentals and maintenance reserve payments — are done at higher-than-market rates, according ...
Bumps that did not become roadblocks for these companies in 2014Closer home, fortunately the year did not see companies face crises of this nature or magnitude; but the road wasn’t bump-free either.
Nine investment banks to bid for Rs 2,500 crore IndiGo IPO; to be the biggest ever in India's aviation industryThe banks include Bank of America Merrill Lynch, JP Morgan, Goldman Sachs, Morgan Stanley, Citigroup, Barclays, UBS, Credit Suisse and BNP ...