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JAL hit by report of $1 bln derivatives charge
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Reuters
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Fri 20 Nov, 05:50 PM
TOKYO (Reuters) - Japan Airlines Corp may have to pay about 100 billion yen ($1.1 billion) to settle derivatives transactions, a newspaper said on Friday, sending the struggling carrier's shares down 3 percent to a record closing...
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JAL could face $1.1 bln derivatives charge - paper
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Reuters
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Fri 20 Nov, 11:00 AM
TOKYO (Reuters) - Japan Airlines Corp may have to pay about $1.1 billion to settle derivatives transactions, a newspaper said, but the struggling carrier said it did not expect to face such a...
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Foreign airlines in Kolkata look to middle east, SE for traffic
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Indian Express
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Fri 20 Nov, 04:10 AM
At a time when several foreign airlines have closed shop in Kolkata, Air Asia has announced that it s starting a daily flight to Kuala Lumpur from Thursday. This comes on the heels of UAE s national carrier Emirates increasing its number of flights...
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Jet, Sahara get 2 mths to file affidavits in payment default case
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Indian Express
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Fri 20 Nov, 03:56 AM
The Bombay High Court on Thursday granted two months time to private carrier Jet Airways and Sahara India Commercial Corp Ltd (SICCL) for filing separate affidavits with regard to the dispute over the default in payments by Jet after it had taken...
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Kingfisher registers Rs 1.6k-cr loss; tops chart
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Indian Express
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Fri 20 Nov, 03:39 AM
The Vijay Mallya-owned Kingfisher Airlines led the chart of the loss-making carriers by reporting a massive Rs 1,602 crore in losses in 2008-09, followed by Jet Airways with a loss of Rs 1,032 crore. However on the positive side, the low-cost...
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Air France-KLM posts H1 loss on recession woes
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Reuters
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Thu 19 Nov, 01:30 AM
PARIS (Reuters) - Air France KLM posted on Wednesday first-half losses, hit by fuel price hedging and a slump in demand for travel, but said it looks to return to operating break-even by the start of the next financial...
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