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Reserve Bank of India: Airlines must stop settling transactions overseas

Foreign air operations in India

Reserve Bank of India: Airlines must stop settling transactions overseas

MUMBAI - Reserve Bank of India has asked foreign airlines operating in India to stop the ... read more

Global tourism slump hits Canadian banks

Global Tourism

Global tourism slump hits Canadian banks

Toronto, Ontario, Canada - The slump in global tourism has hit Canadian banks which has ... read more

Report: JAL's plan to be rejected by banks

Japan Airlines

Report: JAL's plan to be rejected by banks

Japan’s three largest banks have decided to reject the Transport Ministry’s rehabilitation ... read more

Berlusconi: Italian tourism sector to get 1.4 bln euros from the banks

Italy

Berlusconi: Italian tourism sector to get 1.4 bln euros from the banks

ROME - Italian banks will offer up to 1.4 billion euros ($1.96 billion) in low-interest loans to ... read more

Banks want airline ticket sales, planes as collateral

India

Banks want airline ticket sales, planes as collateral

By livemint.com

Mumbai / New Delhi - Worried about the financial condition of loss-making airlines in India, ... read more

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