bailout
-
Striking Air India pilots end crippling strike
Air India pilots ended their four-day wildcat strike yesterday after the government over-ruled management's plan for massive wage cuts impacting up to 7,000 employees. Loss-making, state-run Air India had canceled a quarter of its international a…
02 October 2009
-
Gov't task force looking at JAL options
A government task force set up to help rescue Japan Airlines Corp said today it would review the carrier's turnaround plans from scratch as investors dumped shares in Japan Airlines (JAL) on Thursday following reports that the loss-making carrier w…
28 September 2009
-
EUROPE & CIS: Euro airline chiefs appeal to EC
A delegation of chief executives representing Europe’s major airlines met with European Commission transport commissioner and commission VP Antonio Tajani in July to emphasise the depth of the crisis facing European air transport. The Association …
01 September 2009
-
CHINA: Hainan Air to get $440 million bailout
Hainan Airlines is set to get a capital injection of US$440 million from its parent company and the Hainan provincial government by selling them new shares, according to Dow Jones. Hainan Airlines’ debt-to-asset ratio will fall to around 81 per ce…
01 June 2009
-
Hainan Air to get $440 million bailout
Hainan Airlines is set to get a capital injection of US$440 million from its parent company and the Hainan provincial government by selling them new shares, according to Dow Jones. Hainan Airlines' debt-to-asset ratio will fall to around 81 per ce…
22 May 2009
