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No respite to trade trade in Interim Budget: TAAI

No respite to trade trade in Interim Budget: TAAI

The Travel Agents Association of India (TAAI), the oldest trade body of the industry in India, has said that the Interim Budget presented by Finance Minister Nirmala Sitharaman has shown no respite to the Travel

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Brazil’s Gol Airlines Granted Court Approval for USD350 Million Bankruptcy Loan

Brazil’s Gol Airlines Granted Court Approval for USD350 Million Bankruptcy Loan

A U.S. bankruptcy judge has approved Brazilian airline Gol's request to borrow the first USD350 million of its proposed USD950 million bankruptcy financing. The approval is crucial for Gol to maintain normal operations. While expressing

Aviation
Lenders of Go First seek investor bids by Jan 31

Lenders of Go First seek investor bids by Jan 31

In the latest developments surrounding struggling airline Go First, sources reveal that the deadline for submitting financial bids for the acquisition of the airline has been set for January 31. Go First had filed for

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EbixCash’s operations in India remain unaffected despite parent company filing for bankruptcy in US: MD

EbixCash’s operations in India remain unaffected despite parent company filing for bankruptcy in US: MD

EbixCash has said that its parent company Ebix Inc. filing for bankruptcy in the US will have no bearing on its operations in India, and all other international subsidiaries and their franchisees across the world.