Airliners-India.com Forum Index Airliners-India.com
Flickr Group & Facebook
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Air Deccan posts Rs 212-cr loss

 
Post new topic   This topic is locked: you cannot edit posts or make replies.    Airliners-India.com Forum Index -> Civil Aviation
View previous topic :: View next topic  
Author Message
karatecatman
Guest





PostPosted: Fri Apr 27, 2007 5:32 pm    Post subject: Air Deccan posts Rs 212-cr loss Reply with quote

http://economictimes.indiatimes.com/Hot_Links/Earnings/Air_Deccan_posts_Rs_212-cr_loss/articleshow/1962514.cms

Air Deccan posts Rs 212-cr loss


Commenting on the performance, Deccan Aviation MD Capt GR Gopinath said, “A combination of high operational costs and oversupply is creating a weak domestic yield environment in the industry.
Back to top
karatecatman
Guest





PostPosted: Sun May 06, 2007 8:38 pm    Post subject: Reply with quote

Mounting losses squeeze Air Deccan

JP Morgan says airline has “close to zero residual equity” but it’s business as usual at the budget carrier
Mehul Srivastava

Battered from three years of almost non-stop losses, Deccan Aviation Ltd, owners of India’s biggest low-cost airline, Air Deccan, appears close to running out of all its equity, according to separate analyses of its finances


http://www.livemint.com/2007/05/04235759/Mounting-losses--squeeze-Air-D.html
Back to top
Boeing7xx
Member


Joined: 23 Dec 2006
Posts: 477
Location: WSSS

PostPosted: Mon May 07, 2007 8:34 am    Post subject: Reply with quote

Q: How do you become a millionaire in the airline business?

A: Start with a billion
Back to top
View user's profile Send private message
HAWK21M
Member


Joined: 19 Dec 2006
Posts: 8132
Location: Mumbai, INDIA

PostPosted: Mon May 07, 2007 10:58 am    Post subject: Reply with quote

If the Reports are true.,Could be a Takeover/sale on the lines.

Aviation is a tricky bussiness.Low fares & high salaries with high Parking/navigation charges & ATF costs are killing it.

It has to be balanced well.

regds
MEL
_________________
Think of the Brighter side !!!
Back to top
View user's profile Send private message Send e-mail Visit poster's website AIM Address Yahoo Messenger MSN Messenger
Nimish
Member


Joined: 16 Dec 2006
Posts: 9757
Location: Bangalore, India

PostPosted: Mon May 07, 2007 1:54 pm    Post subject: Reply with quote

Surprising that Capt does not appear worried about the worsening financials of his airline and is busy talking about running 380s on Rajdhani express fares!
Back to top
View user's profile Send private message Send e-mail Yahoo Messenger MSN Messenger
BigTom
Member


Joined: 21 Mar 2007
Posts: 271
Location: Dubai, UAE

PostPosted: Mon May 07, 2007 1:58 pm    Post subject: Reply with quote

He evidently knows something that we don't. Smile

Cheers
Back to top
View user's profile Send private message Yahoo Messenger
karatecatman
Guest





PostPosted: Mon May 07, 2007 9:37 pm    Post subject: Reply with quote

Deccan Aviation may be forced to dilute 25%-30% equity
[url]
http://www.hindustantimes.com/StoryPage/StoryPage.aspx?id=6a8b839a-5d99-4215-b0c9-1c83dab00a81&&Headline=Deccan+Aviation+may+be+forced+to+dilute+25%25-30%25+equity[/url]


***
Mallya was also interviewed by CNN-IBN abd he said he is interested in a large stake in DN.
Back to top
Display posts from previous:   
Post new topic   This topic is locked: you cannot edit posts or make replies.    Airliners-India.com Forum Index -> Civil Aviation All times are GMT + 5.5 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © phpBB Group. Hosted by phpBB.BizHat.com