Aviation Sector | News Top Night

This time any market sector that is under huge pressure is only the Aviation Sector and the Govt. decision regarding this result an increased demand of regular cash flow.

Continuously expanding financial amount for regular operating transaction due to growing competition in Aviation market is forcing Airline to perform better with high financial deals. Read the rest of this entry…

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Decision to allow international carriers to invest up to 49% in domestic airlines has been approved except saying ‘yes’ by cabinet.

This step would really sort out the cash flow management related problems in Indian aviation sector that are at present a big headache for Indian airlines like Kingfisher and Go Air.

After attending a meeting with Pranabh Mukhrjee, the Civil Aviation Minister Ajit Singh informed to Media, “49% FDI is already there.

The question was to allow foreign airlines to participate in FDI. I discussed the matter with the finance minister and he agreed. We will move a note for the cabinet now.” Read the rest of this entry…

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