Airlines Debt
- All
- News
- Videos
-
Ryanair Orders Flight Attendants To Return Salary Hike They Received
The affected flight attendants have been told that the "money will be simply deducted from the payslip until the debt is paid".
-
Fugitive Businessman Vijay Mallya Loses Appeal Against UK Bankruptcy Order
Indian tycoon Vijay Mallya on Wednesday lost an appeal against a bankruptcy order made by London's High Court over a more than 1 billion-pound ($1.28 billion) debt to lenders including the State Bank of India.
-
Go First Gets Insolvency Cover, Lessors' Efforts To Repossess Aircraft Hit
In a major relief for the struggling budget airline Go First, the National Company Law Tribunal (NCLT) today admitted its voluntary plea to initiate an insolvency resolution process, which is aimed at restructuring debt and liabilities.
-
Air India's Reboot: Best On-Time Performance Among Indian Airlines
Almost a year has passed since India's biggest conglomerate bought Air India Ltd., promising to turn it into a world-class airline. Reviving the carrier and winning over passengers won't be easy.
-
Vijay Mallya Hasn't Deposited Money With Tribunal, Supreme Court Is Told
The recovery officer of a Debt Recovery Tribunal has told the Supreme Court that neither Vijay Mallya, nor any other beneficiary of the transfer of funds case, have deposited any amount with the tribunal till August 18.
-
Tata's Takeover Of Air India: 5 Key Points
Air India is back with the Tatas. The government formally handed over the airline to Tata group today, nearly four months after the salt-to-software conglomerate outbid a consortium led by SpiceJet chief Ajay Singh.
-
Vijay Mallya Loses Bankruptcy Petition Amendment High Court Battle In UK
A consortium of Indian banks moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines after the High Court in London upheld an application to amend their bankruptcy petition
-
Vijay Mallya Faces Bankruptcy Over Rs 10,000 Crores In Debt
Twelve state-owned Indian banks are petitioning for ex-billionaire Vijay Mallya to be declared bankrupt over 1.15 billion pounds (Over Rs 10,000 crore) in unpaid debts.
-
Thomas Cook Crashes, Leaving Thousands Of Tourists Stranded Across Europe
Thomas Cook Collapses: Thomas Cook Group Plc collapsed under a pile of debt after talks with creditors failed, forcing the British government to hire charter planes to bring thousands of the 178-year-old travel company's customers back home.
-
India Open To Selling Part Of Air India To Foreign Airline: Report
India is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday.
-
Ex-Jet Chairman Naresh Goyal, Wife Stopped At Mumbai From Flying Abroad
Former Jet Airways chairman Naresh Goyal and his wife were stopped by Mumbai immigration from travelling abroad, news agency PTI reported on Saturday.
-
Election 2019: Naresh Goyal's First Public Appearance Since Jet Crisis, At A Poll Booth
Naresh Goyal, founder of the recently grounded Jet Airways, came out to cast his vote in Mumbai on Monday in the fourth phase of the national election. This was Naresh Goyal's first public appearance since the airline stopped its operations indefinitely because of its colossal debt, leaving thousands of employees without a job overnight
-
Jet Airways Delegation Meets Arun Jaitley, Seeks Pending Salaries
Union Finance Minister Arun Jaitley on Saturday assured a delegation of Jet Airways executives that the bidding process for the cash-strapped airline will be completed in four to five weeks. The meeting came two days after Jet Airways grounded its flights in the face of mounting debt, leading to fears of over 20,000 employees losing their jobs.
-
Crew Of Jet Airways' Last Flight Pose For A Final Photo
The crew of the last Jet Airways flight poses for a commemorative photograph after the flight completed its journey from Amritsar to Mumbai. The airline faces debts over 8,000 crores and has failed to secure funding to pay lenders
-
Jet Airways Crisis Explained In 10 Points
Jet Airways, the cash-starved Indian carrier, has suspended all operations from Wednesday night after the State Bank of India-led consortium of lenders turned down its request for emergency funds. The airline, founded by Naresh Goyal, was under Rs 8,000 crore debt and was struggling to stay afloat. Until recently, the airline was the second largest...
-
Ryanair Orders Flight Attendants To Return Salary Hike They Received
The affected flight attendants have been told that the "money will be simply deducted from the payslip until the debt is paid".
-
Fugitive Businessman Vijay Mallya Loses Appeal Against UK Bankruptcy Order
Indian tycoon Vijay Mallya on Wednesday lost an appeal against a bankruptcy order made by London's High Court over a more than 1 billion-pound ($1.28 billion) debt to lenders including the State Bank of India.
-
Go First Gets Insolvency Cover, Lessors' Efforts To Repossess Aircraft Hit
In a major relief for the struggling budget airline Go First, the National Company Law Tribunal (NCLT) today admitted its voluntary plea to initiate an insolvency resolution process, which is aimed at restructuring debt and liabilities.
-
Air India's Reboot: Best On-Time Performance Among Indian Airlines
Almost a year has passed since India's biggest conglomerate bought Air India Ltd., promising to turn it into a world-class airline. Reviving the carrier and winning over passengers won't be easy.
-
Vijay Mallya Hasn't Deposited Money With Tribunal, Supreme Court Is Told
The recovery officer of a Debt Recovery Tribunal has told the Supreme Court that neither Vijay Mallya, nor any other beneficiary of the transfer of funds case, have deposited any amount with the tribunal till August 18.
-
Tata's Takeover Of Air India: 5 Key Points
Air India is back with the Tatas. The government formally handed over the airline to Tata group today, nearly four months after the salt-to-software conglomerate outbid a consortium led by SpiceJet chief Ajay Singh.
-
Vijay Mallya Loses Bankruptcy Petition Amendment High Court Battle In UK
A consortium of Indian banks moved a step closer in their attempt to recover debt from loans paid out to Vijay Mallya's now-defunct Kingfisher Airlines after the High Court in London upheld an application to amend their bankruptcy petition
-
Vijay Mallya Faces Bankruptcy Over Rs 10,000 Crores In Debt
Twelve state-owned Indian banks are petitioning for ex-billionaire Vijay Mallya to be declared bankrupt over 1.15 billion pounds (Over Rs 10,000 crore) in unpaid debts.
-
Thomas Cook Crashes, Leaving Thousands Of Tourists Stranded Across Europe
Thomas Cook Collapses: Thomas Cook Group Plc collapsed under a pile of debt after talks with creditors failed, forcing the British government to hire charter planes to bring thousands of the 178-year-old travel company's customers back home.
-
India Open To Selling Part Of Air India To Foreign Airline: Report
India is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday.
-
Ex-Jet Chairman Naresh Goyal, Wife Stopped At Mumbai From Flying Abroad
Former Jet Airways chairman Naresh Goyal and his wife were stopped by Mumbai immigration from travelling abroad, news agency PTI reported on Saturday.
-
Election 2019: Naresh Goyal's First Public Appearance Since Jet Crisis, At A Poll Booth
Naresh Goyal, founder of the recently grounded Jet Airways, came out to cast his vote in Mumbai on Monday in the fourth phase of the national election. This was Naresh Goyal's first public appearance since the airline stopped its operations indefinitely because of its colossal debt, leaving thousands of employees without a job overnight
-
Jet Airways Delegation Meets Arun Jaitley, Seeks Pending Salaries
Union Finance Minister Arun Jaitley on Saturday assured a delegation of Jet Airways executives that the bidding process for the cash-strapped airline will be completed in four to five weeks. The meeting came two days after Jet Airways grounded its flights in the face of mounting debt, leading to fears of over 20,000 employees losing their jobs.
-
Crew Of Jet Airways' Last Flight Pose For A Final Photo
The crew of the last Jet Airways flight poses for a commemorative photograph after the flight completed its journey from Amritsar to Mumbai. The airline faces debts over 8,000 crores and has failed to secure funding to pay lenders
-
Jet Airways Crisis Explained In 10 Points
Jet Airways, the cash-starved Indian carrier, has suspended all operations from Wednesday night after the State Bank of India-led consortium of lenders turned down its request for emergency funds. The airline, founded by Naresh Goyal, was under Rs 8,000 crore debt and was struggling to stay afloat. Until recently, the airline was the second largest...
