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When the going gets tough, they goWhy do airlines fail? Because they can't cover the cost, principally, fuel cost. The government-owned Indian Railways gets by on its monopo...- From ModiLuft to Jet, the Indian airlines that couldn't stay afloatIndia’s private aviation industry has always been turbulent due to high costs, low profitability, intense competition and lack of scale. He...
- From ModiLuft to Kingfisher to Jet: A look at airlines that couldn’t fly high for long in IndiaGo First filing for insolvency proceedings before NCLT is only the latest incident of an aviation company fighting for survival. Aviation c...
- History of India's private airlines dotted with high-profile take-off and crash landingThe list of failed airlines in India is quite long - full service or low-cost - and the major reason was financial crunch due to various fa...
- Lufthansa says starting local airline in India a 'misadventure'At least 43 businesses have applied to Indian regulators in the past two years to start some form of passenger air transport service.
- Jubilant FoodWorks CEO Ajay Kaul resigns“Kaul has stepped down to evaluate and pursue opportunities outside the Jubilant Bhartia group,” the statement announcing Kaul’s resignatio...
- Co-founder Ajay Singh may be SpiceJet’s white knightThe man who’s said to have coined the catchy fiveword slogan that launched Narendra Modi’s general election campaign is now playing a key r...
- SpiceJet has a history of fight for survivalSpiceJet traces its lineage to a JV formed by the S K Modi Group and Lufthansa back in 1990s.
- Jet-Etihad deal shows again why Naresh Goyal is the king of the policy jungleThe benefits of the Etihad deal notwithstanding, veteran industry watchers will find Naresh Goyal's enthusiasm for foreign investment fasci...
- Kingfisher First: Banks staring at Rs 6000-crore writeoff on loans to debt-ridden airlinesLenders are reconciling to the fact that chances of an equity investor coming forward is remote while the airline's troubles are rising.
- Kingfisher Airlines' licence suspendedBanks have little hope of foreign investors picking up stake in the airline. They are likely to summon Mallya next week to know his plans.
- Airlines that went bust in past two decadesThere were quite a few airlines that faced turbulence before shutting down. ET lists the airlines that went bust in the past two decades:
- Kingfisher Airlines stares at a prolonged shutdown as talks with staff failKFA is staring at a shutdown, as it told its employees that it cannot clear immediately the salary backlog of more than six months.
- Airline staffers' dreams come crashing downAviation sector is harvesting the seeds of a doom it sowed during the boom years.
- Air sickness: New airlines wait for takeoffNewbies to get permission only after the ministry is convinced that the cos have sound financials.
- Tatas to pick up under 10% stake in SpiceJetThe Tata group is making an indirect entry into the domestic airline business as a financial investor.
- Surprise checks on airline balance sheetsSoon the government will be the auditor for aviation companies.
- Patel tells airlines to go slow, new plans to face scrutinyMounting losses of airline companies - estimated to touch Rs 2,200 crore this year - has forced civil aviation minister Praful Patel to cau...
- Pvt airlines to check financial bottomline: PatelMounting losses of airline companies, estimated to touch Rs 2,200 crore this year, has forced civil aviation minister Praful Patel to cauti...
- Govt on alert as airlines see redCivil aviation minister to discuss on Thursday with airline chiefs the huge losses that airlines are incurring.
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