SBI chairman despondent about Air India debt
Pratip Chaudhuri, chairman of the State Bank of India (SBI) has stated that a quick solution to Kingfisher Airline’s debt problem was unlikely. SBI currently has a Rs 1,500 crore exposure in the Rs 8,...
Pratip Chaudhuri, chairman of the State Bank of India (SBI) has stated that a quick solution to Kingfisher Airline’s debt problem was unlikely. SBI currently has a Rs 1,500 crore exposure in the Rs 8,...
From September 10, IndiGo will start flying to Chandigarh from Mumbai. The private Indian airline is also increasing flight frequencies between Mumbai and Goa. As it plans its route IndiGo will be co...
Chinese carriers have all increased fuel surcharges on their domestic routes. Routes below 800 km incur a 70 yuan surcharge, up from 50 yuan. Longer routes exceeding 800 km increased from 100 yuan to ...
China Eastern Airlines Corp plans to boost capacity by 10% in the second half of 2012 as it grows its fleet and introduces more international services. The Shanghai-based airline expanded passenger ca...
Singapore Airlines (SIA) has formally launched its In-Flight Connectivity as part of a US$50 million programme to bring Internet and mobile data services to customers, even when flying at 35,000ft. Fo...
Singapore Airlines (SIA) has taken delivery of its final A380. SIA was launch customer for the aircraft type, but now has no more on order. The carrier is reported to be in talks with Airbus concernin...
Aerolineas Argentinas has been fined $18,000 for allowing two Chinese and a Tongan passenger to board flights from Sydney to Auckland last year without getting clearance from Immigration New Zealand. ...
Bankruptcy judge Sean H Lane has thrown out the Allied Pilots Association’s contract for American Airlines pilots, dismissing its claim that because American is operating well financially than when it...
The federal government of Nigeria has lifted the suspension of Dana Airlines operating licence as, following a rigorous technical, operational and financial audit of the airline, the government is now...
Net profit at Aeroflot fell by 98% during the first half of this year to just $7.1 million, compared to $376.8 million posted during the same period a year ago. The consolidation of the four airlines ...
AirAsia is considering a bid to take over Serbian airline JAT Airways. Reports in Vecernje Novosti newspaper reported, state that AirAsia is meeting with Serbian officials in Belgrade this week. ...
Golden Myanmar Airlines is planning to sell shares in its parent company this month. Once the airline begins operating in early 2013, it plans to fly from Mandalay International Airport to several int...
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