While India has experienced 46 consecutive months of double-digit passenger growth, a protracted fare war has driven ticket prices so low that most airlines can hardly cover costs.
Facing competition from airlines like IndiGo, GoAir, and SpiceJet, the airline is facing the probability of failing to repay its obligations next year.
Pilot and co-pilot of a flight from London to Mumbai, who are allegedly in a relationship, came to blows mid-air & left the cockpit, endangering passengers.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
I want to joini airline
According to Richard Branson, the easiest way to become a millionaire is for a billionaire to start an airline. Vijay Mallya should have paid heed.