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Jet Airways fuc*ed up

Chalanachithram.com DB » New TF Industry Related » Archive through April 18, 2019 » Jet Airways fuc*ed up « Previous Next »
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Nice
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Username: Nice

Post Number: 24626
Registered: 05-2009
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Posted on Thursday, April 18, 2019 - 04:44 am:       


Pavala:

naakipothaarraa ani saapam ettaa...




Mee naalika medha macha unattu undhi pavala ji
 

Pavala
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Username: Pavala

Post Number: 31662
Registered: 02-2008
Posted From: 80.167.217.196

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Posted on Thursday, April 18, 2019 - 04:26 am:       

Vizag airport lo 6 years back kukka d'lu ettaa when they refused to allow intl luggage to domestic leg (before 15 kg limit)....naakipothaarraa ani saapam ettaa...
Mahesh performance lo 10% kooda Chiru cheyyaledu.... - New_user
Spyder - Critically acclaimed disaster - New_user
 

Raptors
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Username: Raptors

Post Number: 3586
Registered: 09-2017
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Posted on Wednesday, April 17, 2019 - 08:32 pm:       

Nenu life lo first time flight ekkindi Jet Airways
WE THE NORTH
 

Viswamitra
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Username: Viswamitra

Post Number: 3665
Registered: 09-2015
Posted From: 95.144.43.72

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Posted on Wednesday, April 17, 2019 - 04:39 pm:       


Rajusk:



Vammo...inta story unda Guruji ..
Inti lopaley kulam, gadapa daatithey manamantha Hinduvulam...
 

Rajusk
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Username: Rajusk

Post Number: 69594
Registered: 02-2008
Posted From: 54.89.136.146

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Posted on Wednesday, April 17, 2019 - 04:31 pm:       


Rajusk:




https://www.outlookindia.com/magazine/story/a-jet-propelled- by-don-ibrahim/297557
 

Rajusk
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Username: Rajusk

Post Number: 69593
Registered: 02-2008
Posted From: 54.89.136.146

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Posted on Wednesday, April 17, 2019 - 04:27 pm:       


Viswamitra:

You mean mafia???




Jet Airways first came under the IB radar in 1993 just after the airline started its operation. âOn September 20, 2000, home secretary Kamal Pandey forwarded a request of disinvestment minister Arun Shourie to the then IB director Shyamal Datta (letter No I-382/HS/2000) asking for detailed information on the airline. Datta's reply (letter No IV/8(121)/2001-1705, dated October 23, 2000) highlighted the RAW findings that Gulf Air, Kuwait Airways, some diamond merchants of Belgium and a few Indians held stake in the company,â the report said.

When Goyal was in Paris, a call was reportedly intercepted while he called Dawood in Karachi, revealing deals between them. Officials from the Department of Revenue Intelligence (DRI) had also probed Jetâs inbound courier and revenue collected on Customs duty.

Not only IB and ED, but also Income Tax assessments of Goyal for three assessment years 1993-94, 94-95, 95-96 had been reopened as he had not disclosed the source of investments in the airline, media reports claimed.

âThe ED letter to IT officials suggested that though the auditors' report says Goyal pumped in $20 million in the share capital of Tail Winds, he actually invested only $6 million of his own money along with $4 million from his partners, Gulf Air and Kuwait Airlines. The ED suspects that the rest of the cash originated in the Gulf, routed through the Isle of Man as Goyal's money,â the Outlook report said.
 

Rajusk
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Username: Rajusk

Post Number: 69592
Registered: 02-2008
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Posted on Wednesday, April 17, 2019 - 04:20 pm:       


Last_avataar:

D Group made lot of Money out of this.




D group ae proxy owner ani ekkado pedda chanthaad antha article sadivan..

Goyal vunkul vonly B.com pass..proxy gaa Bhai company ani
 

Last_avataar
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Username: Last_avataar

Post Number: 11711
Registered: 09-2012
Posted From: 139.71.144.5

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Posted on Wednesday, April 17, 2019 - 04:20 pm:       


Ustad:




This is baseless and reckless comment

Jet airways promoters are like thief and backed by D group

how can a profitable company can suddenly go bankruptcy in 2 years without significant changes and low energy prices

Banks ki kanna pedadam anuku election time lo scheme techaru to force giovt to bail out
 

Viswamitra
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Username: Viswamitra

Post Number: 3663
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Posted on Wednesday, April 17, 2019 - 04:19 pm:       


Last_avataar:

D Group made lot of Money out



You mean mafia???
Inti lopaley kulam, gadapa daatithey manamantha Hinduvulam...
 

Ustad
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Username: Ustad

Post Number: 27396
Registered: 07-2008
Posted From: 76.169.161.29

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Posted on Wednesday, April 17, 2019 - 04:16 pm:       

Oka Chai wala ni PM cheste inthe. Motham naakichestunnadu...chasss
I learned long ago, never to wrestle with a pig. You get dirty and besides, the pig likes it - George Bernard Shaw
 

Last_avataar
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Username: Last_avataar

Post Number: 11710
Registered: 09-2012
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Posted on Wednesday, April 17, 2019 - 04:15 pm:       

yes jet was my first flight exp from hyd to Mumbai.

I feel the promoters and chairman sucked all profits to abroad and purposefully made it bankrupt to default the loans they have secured, May be part of Cong Regime plan now executed

with 8000 crs loans who will buy ?

D Group made lot of Money out of this.

Only sad thing is 20k employees and thier families with immediate commitments
 

Scorpio
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Username: Scorpio

Post Number: 25261
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Posted From: 170.167.194.215

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Posted on Wednesday, April 17, 2019 - 04:12 pm:       


Nyk:

Aviation giant which made the biggest airlines merger with 2500 crore in 2008 and most profit company till 2 years back is now fuc*ed up....

Pathetic




What is the reason ?
Nagarjuna Sagar...SriSailam...Polavaram...Handri-Neeva...SomaSila...ThotaPalli...VeliGonda...PuliChintala..etc
 

Dhonifan
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Posted on Wednesday, April 17, 2019 - 03:45 pm:       

okasari godavesukunna airport lo veellatho
 

Cool_indian
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Username: Cool_indian

Post Number: 4066
Registered: 02-2008
Posted From: 108.253.242.151

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Posted on Wednesday, April 17, 2019 - 03:26 pm:       

Intha booming market lo kooda I am not sure why they are not able to sustain. I heard there are lot of other airlines in desam that are barely breaking even.
 

Airliner
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Username: Airliner

Post Number: 5982
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Posted on Wednesday, April 17, 2019 - 03:25 pm:       

Sad to see jet fold up like this 16 yrs back my first flight was on jet hyd to Mumbai too good anipinchindi keka food..
If you love it, you'll teach yourself. If you don't, others teach you.
 

Nyk
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Username: Nyk

Post Number: 6900
Registered: 04-2018
Posted From: 49.204.222.29

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Posted on Wednesday, April 17, 2019 - 02:50 pm:       

Heavy competition....high pay to staff and pilots... comparatively higher ticket rates.... Last year complementary food kooda teesesadu... Remaining airlines baaga cheap ga ichesaru tickets... 120 flights tirigevi ninna 5 tirigayi...

Aviation lo...2009 aviation crisis ni tattukoni nilabadda one of the few airlines jet airways...AA time lo global ga 40-45 airlines shop closed...
 

Mcdonald
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Username: Mcdonald

Post Number: 776
Registered: 11-2008
Posted From: 209.126.100.232

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Posted on Wednesday, April 17, 2019 - 02:43 pm:       

Ippudu tickets book chesukunna valla situation emiti?

Enduku loss vachindi?
 

Maverick
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Username: Maverick

Post Number: 73866
Registered: 01-2008
Posted From: 165.225.104.107

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Posted on Wednesday, April 17, 2019 - 02:41 pm:       


Nyk:

2. Urgently need 400 crores to start operations




chass, AP lo intakante ekkuve pancharu last few weeks lo..
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Macbook
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Username: Macbook

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Posted on Wednesday, April 17, 2019 - 02:34 pm:       

Modi asking Banking sector to bail out ani talk nadustundi , some are opposing this move
 

Nyk
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Username: Nyk

Post Number: 6899
Registered: 04-2018
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Posted on Wednesday, April 17, 2019 - 02:13 pm:       

Aviation giant which made the biggest airlines merger with 2500 crore in 2008 and most profit company till 2 years back is now fuc*ed up....

Pathetic
 

Nyk
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Username: Nyk

Post Number: 6898
Registered: 04-2018
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Posted on Wednesday, April 17, 2019 - 02:11 pm:       

Operations and services stopped from this night
 

Nyk
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Username: Nyk

Post Number: 6897
Registered: 04-2018
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Posted on Wednesday, April 17, 2019 - 02:10 pm:       

https://www.google.com/amp/s/m.economictimes.com/industry/tr ansportation/airlines-/-aviation/jet-airways-stares-at-shutd own-as-lenders-reject-appeal-for-funds-report/amp_articlesho w/68923128.cms


Summary:

1. Company in debt of 8000crore

2. Urgently need 400 crores to start operations

3. No salaries for staff since 4 months

4. 75% of the share holding to be sold to completely come out of the crisis

5. Airlines is now under banks consortium

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