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Dec 20, 2014 at 15:13 | Source: PTI
State Bank of India is not looking at extending any loan to the cash-strapped airline SpiceJet, Chairperson Arundhati Bhattacharya said Friday.
Dec 18, 2014 at 13:57 | Source: CNBC-TV18
According to sources, the various proposals that have been floated include looking at capping minimum and maximum fares an airline can charge on a certain route
Dec 18, 2014 at 12:29 | Source: PTI
Troubled airline SpiceJet today resumed operations after being forced to cancel over 150 flights with oil marketing companies refusing to refuel its planes forcing the budget carrier to pay Rs three crore last evening to buy jet fuel.
Dec 17, 2014 at 13:12 | Source: PTI
SpiceJet had been put on cash-and-carry about six months back, which meant fuel will be supplied to the aircraft only if they pay for it, industry sources said.
Dec 17, 2014 at 10:33 | Source: Reuters
Budget carrier SpiceJet Ltd's aircraft are currently grounded because oil companies have not refuelled any of its planes, a spokesman told Reuters on Wednesday.
Dec 17, 2014 at 10:20 | Source: CNBC-TV18
In an interview to CNBC-TV18, Narayanan says the company has never defaulted on payments in the past and has infact paid more than Rs 3000 crore last fiscal for the same.
Dec 16, 2014 at 21:56 | Source: PTI
"Indian banks may be requested to give some working capital loan based on the assurances of the promoter. Banks or financial institutions to lend up to Rs 600 crore backed by a personal guarantee of the Chairman, SpiceJet," the release said.
Dec 16, 2014 at 20:26 | Source: CNBC-TV18
In an interview to CNBC-TV18, Kapil Kaul, south Asia chief executive of aviation consultancy CAPA said he is happy that the government is pushing banks to rescue Spicejet, as it was a bad decision to stop advance bookings.
Dec 16, 2014 at 16:39 | Source: Moneycontrol.com
Investors were also hurriedly buying shares of Jet Airways on hopes of lower aviation turbine fuel (ATF) price as Brent crude oil prices fell over USD 1 per barrel and below USD 60 for the first time since July 2009.
Dec 15, 2014 at 18:31 | Source: Moneycontrol.com
Top officials of the airline met Minister of State for Civil Aviation Mahesh Sharma and made the plea for "urgent relief"
Messages on Aviation »

Lalit Bhasin

New Member

0 Follower

Kingfisher Air  

Anyways reasons 1. Banks debt reduced. 2. Aviation on priority 3. Atf tax will come down. 4. Govt has changed 5. Ajit singh was anti KFA 6. VM still has got USL deal money ..etc etc

5.10 PM Jul 8th

Web Messenger

Platinum Member

257972 Followers

News Now  

Source:Calcutta Telegraph News - New Delhi, July 6: The aviation sector is hoping the new government will give sops in the upcoming budget to revive the industry that has suffered heavy losses last year. According to industry body Capa Centre for Aviation, the Indian carriers have turned

4.49 PM Jul 8th

Definate

Platinum Member

594 Followers

Kingfisher Air  

Bullet train and Upgradation of railway station like airport`s ..... bad for aviation ?

4.01 PM Jul 8th

Raj6996

Platinum Member

77 Followers

Kingfisher Air  

From what i can see things are much better than when definate was giving 500 target...back then loan amount was double of what it is today. back then UPA was killing kfa..now bjp in favour of aviation. also aviation in top priority list of to do things. back then when definate used to give buy

3.46 PM Jul 8th

nicknamecha
nged7590

New Member

10 Followers

Kingfisher Air  

"India has the most over regulated aviation sector in the world, where the Director General of Civil Aviation is enforcing aircraft rules of 1937" -

1.40 PM Jul 8th

nicknamecha
nged7590

New Member

10 Followers

Kingfisher Air  

Shame on UPA...Aviation has remained stagnant during the last 10 years. The total number of domestic passenger tickets sold is a measly 60 million for a population of more than a billion.

1.38 PM Jul 8th

akki 256

Gold Member

41 Followers

SpiceJet  

Should one buy SJ for short term target of 28. Gov has planned many things for aviation sector. SJ is one of them to take off min 30% post budget.

11.54 AM Jul 8th

kolkata my city

New Member

6 Followers

Kingfisher Air  

New Delhi: The government has cleared two regional airlines in its first month, minister of state for aviation G.M. Siddeshwara told the parliament on Monday. Air Carnival, based in South India, and Zav Airways, which will cater to the east and north-eastern regions, were approved on 24 June and 30

11.45 AM Jul 8th

R Jagannathan

Platinum Member

1133 Followers

Politics  

and not worry about when the annual report is going to be presented to the annual general meeting of shareholders. In fact, I would go one step further and say the Rail Budget event ought to be abolished. Like a defence budget or a civil aviation ministry budget, the rail budget does not require a speech

11.23 AM Jul 8th

jugs_

Platinum Member

95 Followers

Rossell India  

Dear investmentbaron.. Most tea companies have high promoter holdings.. Rossel is into aviation, kabab express besides tea.. Promoters have increased their stake to max permissible.. It speaks about their confidence for the future..Companies engaged in Agri, water treatment & solar is the future

11.05 AM Jul 8th

News across the web »
Dec 19, 2014 at 17:12 | Source: BBC
Dec 18, 2014 at 20:02 | Source: BBC