INSUBCONTINENT EXCLUSIVE:
DGCA has already evaluated the financial health of the national carrier Air India recently.Mumbai: Aviation regulator DGCA is set to conduct
a financial audit of the Naresh Goyal-promoted Jet Airways, amid its fiscal conditions under pressure due to the surging jet fuel prices and
The Directorate General of Civil Aviation (DGCA) has already evaluated the financial health of the national carrier Air India recently,
besides conducting a special audit of Air Deccan, the source close to the development said
The financial audit of airlines, which has been conducted in the past too, is done to assess their fiscal health and also ensure that they
has also carried out a special audit of Air Deccan and will soon be conducting a similar exercise on Air Odisha, following orders from the
aviation ministry, the source said
The two carriers, which together have been mandated to fly on 84 routes under the government's regional connectivity scheme, had recently
operations in December last year while Air Odisha took to the skies in February this year
The Ahmedabad-based GSEC Aviation and Monarch Networth Capital had last year acquired 100 per cent stake in Air Deccan and 60 per cent in
The Naresh Goyal-promoted Jet Airways, in which Gulf carrier Etihad holds 24 per cent stake, is grappling with financial woes and its share
of the unaudited financial results for the June quarter
Regulator Sebi is looking into Jet Airways' deferring the announcement of the June quarter results following reservations expressed by the
is awaiting Rs 980 crore additional funding from the government
It delayed the payment of salaries to its employees for the fifth consecutive month in July.
