Last Updated: Thursday, April 19, 2012, 18:35
As a relief to cash-strapped airlines, the government on Thursday said it will allow them to raise even working capital resources through external commercial borrowings (ECBs) route.
Last Updated: Friday, January 06, 2012, 09:28
Civil Aviation Minister Ajit Singh has said that the government will not cancel licences of cash-strapped carriers on safety concerns, a daily business newspaper reported on Friday.
Last Updated: Saturday, December 17, 2011, 15:31
The Sahara group will give a loan of more than Rs 2.5 billion to cash-strapped Kingfisher Airlines, to help the carrier continue operations, a daily newspaper reported on Saturday, citing sources.
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