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AIRLINE FINANCIAL HEALTH
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
Airline chiefs grapple with fuel shock, fare test at Rio summitGlobal airline leaders gather in Rio de Janeiro facing a tough recovery test. The Iran war is increasing fuel costs and disrupting flight p...
These 7 private and public banking stocks have an upside of up to 23% in one year, according to analystsGiven how the market has moved in the last five-six trading sessions, the probability is high that a new readjustment trade has started. 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...
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 ...
Belarus eyes deeper BRICS partnership, strengthens India ties for multipolar worldBelarus eyes full BRICS membership, seeking a multipolar world order. The nation is deepening its strong relationship with India. Key areas...
Air India terminates flights to multiple destinations as fuel price bitesAir India is cutting international flights for three months starting June. Soaring jet fuel prices are forcing the airline to suspend servi...
Is a US stock market crash beginning? Nasdaq 100 drops over 2% as Dow Jones and S&P 500 struggle after inflation shock hits investorsIs a US stock market crash beginning as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more t...
India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
ECLGS 5.0 to benefit 1.1 crore MSME accounts with additional credit support: SBI ReportThe government has approved ECLGS 5.0 to support MSMEs and airlines. This scheme aims to provide crucial working capital. Around 1.1 crore ...
Why US stock market Dow Jones, S&P 500 and Nasdaq are surging big today: Dow jumps 350 points, Nasdaq jumps 250 points as Intel hits all-time high driving the rallyUS stock market surges today: why Dow Jones, S&P 500, and Nasdaq are rallying sharply despite global tensions? The Dow Jones Industrial Ave...
Air India to cut 100 flights daily as fuel costs bite; Big reductions on Australia, Europe, North America routesAir India is set to reduce its flight operations by approximately 100 daily flights due to escalating jet fuel prices. The airline is imple...
Digital lenders wary of small biz; Mythos’ biggest security riskHappy Tuesday! Digital lending firms are turning cautious on term loan exposure to small businesses. This and more in today’s ETtech Mornin...
Prolonged suspension of international flights impacting airlines' financial health: VistaraVistara CEO-designate Vinod Kannan said most predictions about recovery of the aviation industry have been proven wrong in these times of g...
- DGCA keeping watch over Kingfisher Airlines' financial health
Financial issues at an airline may sometime also become safety issues & Kingfisher has some unpaid dues to its pilots, the DGCA said.
Government may dilute rules to save Kingfisher AirlinesThe civil aviation ministry has begun moves to dilute rules that mandate the regulator to take into account an airline's financial health b...
- Domestic Carriers may need equity refuelling to stay in air
Domestic carriers will be required to continuously top up their paid-up equity capital or face grounding.