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GOAIR DEFAULT
Rakesh Jhunjhunwala reaches for the sky as partner in new airline ventureJhunjhunwala, who has a cult following among stock traders, has had preliminary talks for an investment of up to $35 million (₹260.7 crore)...
There is a reason why GoAir is in a hurry to go publicThe GoAir parent company seeks to raise Rs 3,600 crore from the primary market, out of which it proposes to use Rs 254.93 crore to clear ou...
Lenders to auction two Kingfisher Airlines properties tomorrowAviation regulator DGCA recently ordered a detailed inspection of 21 Airbus 320neo planes of IndiGo and GoAir that are equipped with P&W en...
Faulty aircraft engines led to Kingfisher collapse: MallyaMallya said amid aviation regulator DGCA ordering detailed inspection of P&W engines powering some Airbus 320 neo planes being operated in ...
DRT asks banks to amend prayer in IndiGo, GoAir caseThe consortium led by Oriental Bank of Commerce should pray for a direction to the Airbus to deposit the money received in the future from ...
Vijay Mallya row: DRT to pass interim order in Indigo, GoAir caseAirbus had availed Rs 196 crore from the consortium of banks on behalf of Vijay Mallya-controlled Kingfisher Airlines in 2005.
Indigo, GoAir made parties in Vijay Mallya caseThe objections were filed after Airbus failed to repay Rs 196 crore, availed by the aircraft-making company on behalf of Mallya-controlled ...
'Eight private domestic airlines didn't pay Rs 220 crore dues to AAI'Eight private domestic airlines, including IndiGo and Tata Sons-invested AirAsia India and Vistara, did not pay dues to the tune of Rs 220....
Airlines owe Rs 3,030 crore to Airports Authority of IndiaVarious airlines, including the defunct Kingfisher, owed Rs 3,030 crore to the Airports Authority of India (AAI) at the end of December las...
Six Indian carriers including SpiceJet, Kingfisher and others owe Rs 5,889 cr to AAI, 3 oil companiesSix Indian carriers, including beleaguered SpiceJet and now-collapsed Kingfisher Airlines and Paramount Airways, jointly owe a whopping Rs ...
Private airlines owe Rs 526 crore to AAIPrivate airlines have a due of Rs 526 crore towards the state-owned Airports Authority of India (AAI) till December last year.
49% FDI in aviation by global airlines: Will government provide relief to the ailing sector?According to ET Now, the final cabinet note suggests that there will be no extra security screening required for FDI in aviation.
- Decision on Aviation FDI likely this week
The Cabinet is likely to decide on the proposal to allow investments by foreign carriers into Indian ones this week.
- Airlines face Rs 1.2k-cr AAI bill
Indian and foreign air carriers owe the Airports Authority of India (AAI) Rs1,200 crore, with the national carrier Air India and its subsid...
- Indian, foreign carriers owe Rs 1,200 cr to AAI
Indian and foreign airlines owe around Rs 1,200 crore to the AAI, with the national carrier and its subsidiary being the major defaulter wi...
- Kingfisher, Jet Air owe Rs 1,775 cr to PSU oil cos
Kingfisher and Jet Airways together owe Rs 1,774.6 crore to public sector oil companies for the four quarters ended June 30, 2010.
- Private airlines owe Rs 274 cr to AAI
Private airlines in the country owe Rs 274.19 crore to the Airports Authority of India as of October-end, with Kingfisher being ahead of Je...