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JET AUDITORS
South Korea Air Force apologises for 2021 fighter jet mid-air collision during training flightSouth Korea's air force has apologized for a 2021 mid-air collision involving two fighter jets. Auditors revealed pilots were taking selfie...- UK court orders SpiceJet to pay $8 million to engine lessor over unpaid duesA UK judiciary has ruled that SpiceJet owes Sunbird France 02 SAS nearly $8 million for missed rent and upkeep on three aircraft engines. T...
- Lenders rope in Ernst & Young as Jet auditorSBI and other banks have over Rs 8,000-crore loan exposure to the private airlines.
- MCA seeks details from crisis-hit Jet and it’s auditorsThe full service carrier, whose board is scheduled to consider the financial results for the June quarter on Monday
- Jet Airways to take up turnaround plan in Monday board meetingThe airline said the two additional assessments had led it to seek additional time for its board meeting. It was earlier to be held on Aug ...
- MCA seeks clarifications from Jet Airways' auditors on results announcementThe auditors are believed to have issues regarding the airline being a going concern.
- Jet Airways faces more queries on earnings defermentJet late last Thursday deferred the announcement of its quarterly (April-June) earnings.
- Jet auditor BSR may quit if issues are not resolvedBSR might even consider resigning from the account if the issue is not resolved soon, these people added.
- What could have possibly led to the postponement of results at Jet?Experts believe it takes more than what meets the eye for a company to postpone its results.
- Jet Airways auditor finds complete net worth erosionBSR & Co, a KPMG affiliate, also found the airline to not be a 'going concern.
- One wonders what Jet Airways is trying to hide: Shriram Subramanium, InGovern“The company is in stress and this is a sign that things are not so rosy at Jet Airways.”
- Auditors raise red flag over Jet Airways' going concern statusA company is termed as a 'going concern' if it has sufficient resources to continue to operate indefinitely and to avoid any potential bank...
- IndiGo, Jet Airways employees beware; mystery shoppers to keep an eye on youAll deviations from the checklist will be reported and the executives in question “hauled up”, said one of the persons quoted above.
- Airlines hire `mystery shoppers' to keep an eye on employeesMystery shopping is a tool for companies like Cox & Kings to help its frontline staff get an understanding on what a consumer perceives.
- Airlines run into audit red-flags over 'going concern' statusA company is known as a 'going concern' if it has sufficient resources to continue to operate indefinitely and to avoid any potential bankr...
- SpiceJet auditors dubious about LCC claimsThe red flag for SpiceJet was raised in the audit report along with its result for the quarter ended June 30, 2014.
- SpiceJet slips 6% as auditors raise concerns about its ability to stay in businessThe budget carrier's auditors have raised concerns about its ability to stay afloat as its operating losses have completely eroded its net ...
- Auditors red flag SpiceJet ability to stay in business as operating losses erode its net worthBudget carrier SpiceJet's auditors have raised concerns about its ability to stay afloat as its operating losses have completely eroded its...
- Auditors cast doubts on SpiceJet's ability to stay afloatIn a report to SpiceJet, S R Batliboi & Associates said accumulated losses of Rs 1,077.81 crore have 'substantially' eroded company's net w...
- Jet Airways needs to raise money: AuditorsAuditors to Jet Airways have warned that the company needs to raise money in order to meet its obligations and fund JetLite.
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