Cash-strapped Airlines
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Law Tribunal Orders Liquidation Of Go First Airline: Report
An Indian tribunal has ordered the liquidation of Go First Airways after a request from the cash-strapped airline's lenders, a report said.
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Cash-Strapped Pakistan Likely To Privatize National Flag Carrier: Report
Cash-strapped Pakistan is likely to privatize its national flag carrier by the first week of August, a media report said on Wednesday.
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Rat On Plane Grounds Sri Lanka Airline For 3 Days, Sparks Investor Concern
Sri Lanka's national airline on Tuesday blamed a rat for grounding a plane for three days, sparking chaotic delays and fears it will scare off investors for the cash-strapped carrier.
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Cash-Strapped Pakistan Airlines Forced To Ground Boeing 777 Aircraft
Pakistan International Airlines (PIA) is grappling with a dire financial crisis, resulting to grounding of several Boeing 777 aircraft due to insufficient funds for maintenance, as reported by ARY News on Friday.
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Cash-Strapped Pak Airlines To Reduce Flight Operations By Upto 25%: Report
Pakistan International Airlines has started partial suspension of both its domestic and international flights amid the ongoing fiscal crunch, The Express Tribune reported on Saturday.
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Pakistan National Carrier PIA Grounds 11 Aircraft Due To Financial Crisis
Pakistan's cash-strapped national carrier has grounded 11 aircraft, including three of its Boeing 777s, due to the unavailability of funds to replace parts.
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Go First Extends Flight Cancellation Till July 16
Cash-strapped Go First Airlines on Thursday announced a further extension of flight cancellations till July 16.
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Regulator Analysing Special Audit Report Of Cash-Strapped Go First Airlines
Aviation regulator Directorate General of Civil Aviation is analysing the special audit report of Go First airline, an official said.
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This Is The Most Delayed Airline In India As Summer Rush Hits
Passengers on cash-strapped SpiceJet Ltd. are experiencing the most flight disruptions in India, the world's fastest-growing aviation market.
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Government Bailout Of Go First Unlikely Till Engine Issue Sorted: Minister
A government bailout of cash-strapped Go Airlines (India) Ltd was unlikely unless something could be done about the supply of engines to the airline, which sought bankruptcy protection last week, a minister has said.
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Go First Claims Zero Complaints, Lowest Cancellation Rate In First 3 Months
The cash-strapped domestic airline Go First Airlines had reported zero Passenger complaints and the lowest cancellation rate in the first three months of 2023.
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Go First Offers Full Refund After Cancelling Flights Over Next 3 Days
Cash-strapped airline Go First Airways has cancelled its flights over the next three days and filed for voluntary insolvency resolution proceedings in the National Company Law Tribunal on Tuesday.
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Supreme Court Upholds Order Directing Jet Airways To Clear Dues Of Ex Employees
In a setback to the Jalan-Fritsch consortium, the new owners of the cash-strapped Jet Airways, the Supreme Court on Monday upheld an NCLAT order directing the payment of the provident fund and gratuity dues of the airline's former employees.
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Sri Lanka Carrier's Long-Term Plan To Expand Airline Fleet Despite Crisis
Cash-strapped Sri Lanka's loss-making national carrier revealed plans Thursday to lease up to 21 aircraft, just two days after the government announced a default on its $51 billion foreign debt.
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Jet Airways' Employees Hold Protest Outside Civil Aviation Ministry
Employees of cash-strapped Jet Airways protested outside the Civil Aviation Ministry today demanding revival of the airline and payment of their pending salaries.
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Law Tribunal Orders Liquidation Of Go First Airline: Report
An Indian tribunal has ordered the liquidation of Go First Airways after a request from the cash-strapped airline's lenders, a report said.
-
Cash-Strapped Pakistan Likely To Privatize National Flag Carrier: Report
Cash-strapped Pakistan is likely to privatize its national flag carrier by the first week of August, a media report said on Wednesday.
-
Rat On Plane Grounds Sri Lanka Airline For 3 Days, Sparks Investor Concern
Sri Lanka's national airline on Tuesday blamed a rat for grounding a plane for three days, sparking chaotic delays and fears it will scare off investors for the cash-strapped carrier.
-
Cash-Strapped Pakistan Airlines Forced To Ground Boeing 777 Aircraft
Pakistan International Airlines (PIA) is grappling with a dire financial crisis, resulting to grounding of several Boeing 777 aircraft due to insufficient funds for maintenance, as reported by ARY News on Friday.
-
Cash-Strapped Pak Airlines To Reduce Flight Operations By Upto 25%: Report
Pakistan International Airlines has started partial suspension of both its domestic and international flights amid the ongoing fiscal crunch, The Express Tribune reported on Saturday.
-
Pakistan National Carrier PIA Grounds 11 Aircraft Due To Financial Crisis
Pakistan's cash-strapped national carrier has grounded 11 aircraft, including three of its Boeing 777s, due to the unavailability of funds to replace parts.
-
Go First Extends Flight Cancellation Till July 16
Cash-strapped Go First Airlines on Thursday announced a further extension of flight cancellations till July 16.
-
Regulator Analysing Special Audit Report Of Cash-Strapped Go First Airlines
Aviation regulator Directorate General of Civil Aviation is analysing the special audit report of Go First airline, an official said.
-
This Is The Most Delayed Airline In India As Summer Rush Hits
Passengers on cash-strapped SpiceJet Ltd. are experiencing the most flight disruptions in India, the world's fastest-growing aviation market.
-
Government Bailout Of Go First Unlikely Till Engine Issue Sorted: Minister
A government bailout of cash-strapped Go Airlines (India) Ltd was unlikely unless something could be done about the supply of engines to the airline, which sought bankruptcy protection last week, a minister has said.
-
Go First Claims Zero Complaints, Lowest Cancellation Rate In First 3 Months
The cash-strapped domestic airline Go First Airlines had reported zero Passenger complaints and the lowest cancellation rate in the first three months of 2023.
-
Go First Offers Full Refund After Cancelling Flights Over Next 3 Days
Cash-strapped airline Go First Airways has cancelled its flights over the next three days and filed for voluntary insolvency resolution proceedings in the National Company Law Tribunal on Tuesday.
-
Supreme Court Upholds Order Directing Jet Airways To Clear Dues Of Ex Employees
In a setback to the Jalan-Fritsch consortium, the new owners of the cash-strapped Jet Airways, the Supreme Court on Monday upheld an NCLAT order directing the payment of the provident fund and gratuity dues of the airline's former employees.
-
Sri Lanka Carrier's Long-Term Plan To Expand Airline Fleet Despite Crisis
Cash-strapped Sri Lanka's loss-making national carrier revealed plans Thursday to lease up to 21 aircraft, just two days after the government announced a default on its $51 billion foreign debt.
-
Jet Airways' Employees Hold Protest Outside Civil Aviation Ministry
Employees of cash-strapped Jet Airways protested outside the Civil Aviation Ministry today demanding revival of the airline and payment of their pending salaries.
