Aviatour

Jet Airways sale: Why a major Indian airline is being sold for 1 cent

Anurag Kotoky Debt-ravaged Jet Airways India, the country’s biggest so-called full-service airline, is selling a majority stake for 1 rupee – a little more than 1 US cent. It’s part of a bailout plan by its state-owned lenders that will give the airline time to arrange fresh equity. The complicated arrangement is on track to […]

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Aviatour

Biman board reconstituted

Aviation Report The board of Biman Bangladesh Airlines has been reconstituted with Air Marshal (retd) Muhammad Enamul Bari as its chairman for the fourth consecutive term. Ministry of Civil Aviation and Tourism on Sunday issued a circular regarding the reconstitution of the board for 2019. The 13-member Biman board has been reconstituted in light of […]