TheNewsClues
Clues by Admin • 28 Nov 2018, Wednesday
Shares of India’s major private sector airline Jet Airways gained more than 8.90% in the morning trade on Wednesday on reports that promoter Naresh Goyal has agreed to sell controlling stake in the firm. CNBC TV18 reported citing sources ... Continue Reading
Read More at The Financial Express
Clues by Admin • 22 Nov 2018, Thursday
Loss-making Airlines have sought government’s help to help them obtain unsecured credit from oil companies and airports. Rising fuel-price, coupled with depreciating rupee, have dragged the bottomline into deep losses. Competition and aggressive pricing have deterred airlines to ... Continue Reading
Read More at The Financial Express
Clues by Admin • 20 Nov 2018, Tuesday
Civil Aviation Minister Suresh Prabhu on Monday ruled out a bail-out package for Jet Airways putting the onus on its boards and managements to ensure that they function properly and take appropriate measures. The airline posted a loss of Rs 1,261 ... Continue Reading
Read More at Business Today
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