Airline Losses
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The Rise And Collapse Of Pakistan International Airlines: What Led To PIA's Rs 825 Billion Liability
PIA's journey reflects the larger story of Pakistan's struggle between potential and political disorder
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Airlines To Face Fresh Turbulence As Passenger Growth Slows, Costs Rise: Ratings Agency
India's aviation sector is bracing for a challenging year ahead, with credit rating agency ICRA (Investment Information and Credit Rating Agency) projecting the industry's net losses at Rs 9,500-10,500 crore in the current financial year.
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India Considers Relief Package For Battered Airlines: Report
India on Tuesday said it was working on a relief package for a battered airline industry that an aviation consultancy forecasts will lose up to $1.9 billion this financial year, mainly from rising costs and low fares.
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Vijay Mallya writes to Kingfisher employees: Read letter
In an internal letter to Kingfisher Airlines' employees, chairman Vijay Mallya has said he has arranged funds to pay overdue salaries. He added that the delay in payments is a "source of great personal sorrow".
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Kingfisher Airlines grounds more flights, passengers suffer
Passengers of Kingfisher Airlines suffered severe hardship today as the beleaguered carrier cancelled several flights from some key cities and completely shut down operations from Kolkata, including international flights, for about ten days.
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The Rise And Collapse Of Pakistan International Airlines: What Led To PIA's Rs 825 Billion Liability
PIA's journey reflects the larger story of Pakistan's struggle between potential and political disorder
-
Airlines To Face Fresh Turbulence As Passenger Growth Slows, Costs Rise: Ratings Agency
India's aviation sector is bracing for a challenging year ahead, with credit rating agency ICRA (Investment Information and Credit Rating Agency) projecting the industry's net losses at Rs 9,500-10,500 crore in the current financial year.
-
India Considers Relief Package For Battered Airlines: Report
India on Tuesday said it was working on a relief package for a battered airline industry that an aviation consultancy forecasts will lose up to $1.9 billion this financial year, mainly from rising costs and low fares.
-
Vijay Mallya writes to Kingfisher employees: Read letter
In an internal letter to Kingfisher Airlines' employees, chairman Vijay Mallya has said he has arranged funds to pay overdue salaries. He added that the delay in payments is a "source of great personal sorrow".
-
Kingfisher Airlines grounds more flights, passengers suffer
Passengers of Kingfisher Airlines suffered severe hardship today as the beleaguered carrier cancelled several flights from some key cities and completely shut down operations from Kolkata, including international flights, for about ten days.
