Go Air, which was scheduled to start getting deliveries of the planes from early this year, will naturally face cascading delays.
Amar Abrol, chief of AirAsia Bhd’s insurance arm Tune Money, is the frontrunner among three executives being considered to replace Chandilya.
CIDCO, will open financial bids for pre-development work of the proposed Navi Mumbai International Airport in the next 15 days, said a top government official.
Mercator had in a January 18 BSE filing, said the Singapore unit was adversely impacting its consolidated performance.
The airline may look at refinancing more of its loans at cheaper interest rates, even as its aims to merge loss-making subsidiary JetLite.
Jet Airways, which posted record profits in October-December, reduced its total debt, by 4% (Rs 503 crore) quarter on quarter, its finance chief said Monday.
India's second biggest airline posted a record net profit of Rs 467.11 crore during October-December, compared to Rs 63.11 a year earlier.
Jet Airways said its quarterly standalone net profit soared more than seven times to a record high, helped by a fall in fuel expenses and growing demand.
Founder Naresh Goyal is playing an instrumental role in finding new people, according to executives and analysts.
Travel company Cox & Kings Friday said its net profit reduced to Rs 25.71 crore in the December quarter from Rs 31.31 crore in the previous year.
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