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Cash balance of Indian airlines at dangerous levels: CAPA

Last Updated: Tuesday, July 01, 2014, 17:21

Indian airlines are expected to post lesser losses in 2014-15 than last year but their cash balances are at "dangerous levels", being equivalent to less than three weeks' revenue, an aviation consultancy said Tuesday.

Chidambaram favours easing rules for airlines to fly abroad

Last Updated: Friday, October 11, 2013, 15:24

Finance Minister P Chidambaram has supported Civil Aviation Minister Ajit Singh's suggestion on doing away with a rule that bars Indian carriers from flying abroad unless they complete five years of service and own a 20-aircraft fleet.

Tom Hiddleston set to star in `Capa`

Last Updated: Friday, April 19, 2013, 08:45

Tom Hiddleston is set to play famed war photographer Robert Capa in Paul Andrew Williams` biopic, `Capa`.

Cautious approach towards Indian carriers by leasing cos: CAPA

Last Updated: Sunday, March 31, 2013, 10:48

Major aircraft leasing companies and financers have started adopting a cautious approach towards Indian carriers, with some even threatening to pull out of India, it said.

Air India should cash in on June quarter performance: CAPA

Last Updated: Friday, August 31, 2012, 23:03

Aviation industry think-tank Centre for Asia Pacific Aviation (CAPA) Friday said that national carrier Air India must cash in on the good Q1 results and take step to restructure and turnaround.

Kingfisher Airlines faces operational shutdown: CAPA

Last Updated: Friday, August 24, 2012, 18:48

According to the advisory company, a restructuring of the airline will require banks to take a significant hit as they have huge exposure to bad debt given to the carrier.