SpiceJet seems to be heading the Kingfisher way as AAI (Airport Authority of India) has decided to put the carrier on cash-and-carry basis for using the airport facilities across India.
The dues from the low-cost carriers were more than the bank guarantee. Despite reminders from AAI, SpiceJet did not pay up. Jet Airways which is nearing the limit of the bank guarantee has been told not to exceed it. SpiceJet has been given time till Friday. Rs 357 crores is owed by defunct Kingfisher and Paramount along with others to AAI.
Reacting to reports, the carrier maintains that it is kept to AAI schedules and is well within the limit. An infusion of funds from outside remains a problem for the loss making carrier and till then the promoters have to back it up to maintain requirements, say experts.
It is also facing management issues with the exit of top executives. Lack of business plan could keep away investors. Neil Mills resigning from CEO post has affected the image of the carrier. Cumulative losses of Indian carriers stood at Rs 95,000 crore and it was Rs 53,468 cores in the 2007-2013.
Jet fuel paid in dollars and is hit badly with rupee declining. Major sectors like aircraft lease, maintenance (done abroad) spare parts and salaries to expat pilots are paid in dollars.
In this troubled situation the entry of AirAsia a low-cost carrier with Tata to back it up and operate from Chennai will add to the woes of the existing airlines. Jet with Etihad deal could resurface and Air India is turning around with posting operating profits as it is to get revenue from selling properties and leasing out some.
Yesterday, it decided to do away with business class in new flights. The state-funded carrier acquisition of Dreamliner has given it a boost. SpiceJet has to quickly get investors through the FDI route to keep flying till the clouds are cleared.
Self Styled Godman Sant Shri Asaram Ji Bapu will Not Surrender before Any police
Self-styled godman Asaram Bapu on Thursday suggested that Congress President Sonia Gandhi and her son Rahul were behind the rape allegations that have been levelled against him.
Asaram Bapu and followers should be arrested: Shivanand Tiwari
Janata Dal (United) leader Shivanand Tiwari on Thursday demanded the arrest of self-styled godman Asaram Bapu and his 'fanatic' followers, and said the
Asaram Bapu's lawyer says godman can't appear before police today
Self-styled godman Asaram Bapu's deadline to appear before the Jodhpur Police over his alleged involvement in a case of sexual assault ends today.
Asaram Bapu faces arrest; blames Sonia, Rahul
Asaram Bapu faces arrest; blames Sonia, Rahul ... go before his possible arrest in a rape case, self-styled godman Asaram Bapu went into an allegation spree.
Asaram Bapu's police deadline ends today
A police team has been formed to track down spiritual guru Asaram Bapu and take him into custody, if he fails to appear in Rajasthan for questioning on Friday in
Asaram Bapu not appearing before police today, says son
New Delhi: Self-styled godman Asaram Bapu's son Narain Sai said that his father has no plans to appear before Jodhpur police for questioning over charges of
Asaram Bapu rape claims: Beleaguered guru hits out at Sonia and
Cornered in the case of alleged sexual abuse of a minor, self-styled godman Asaram Bapu on Thursday attacked Congress president Sonia Gandhi and her son
asaram bapu unwell not to surrender before jodhpur police on friday
Self- styled godman Asaram Bapu who was summoned in a sexual assault case, did not surrender on Friday , with his son claiming that he was taken ill even as
Will arrest Asaram Bapu if he fails to prove himself innocent: Police
New Delhi: As all eyes are on Asaram Bapu whether he will appear before the Jodhpur Police on Friday for questioning over charges of sexual assault on a
Asaram Bapu's employees fail to appear before Jodhpur Police
Jodhpur: None of the three staffers working for self-styled godman Asaram Bapu turned up for questioning before the Jodhpur Police on Thursday, in the probe
Asaram Bapu not to surrender today: Son
Bhopal: Keeping the police waiting, self- styled godman Asaram Bapu, who was summoned by Jodhpur Police to appear before it in a sexual assault case, today
Denying that he was being shielded by political parties, Asaram said he was ready to go to Jail if found guilty.
“I do not have any political support. Do not irritate me,”
Self-styled godman Asaram Bapu. PTISelf-styled godman Asaram Bapu. PTI
Asaram alleged that Congress president Sonia Gandhi and vice president Rahul Gandhi could be behind the ‘current situation’, saying he was told that it was at their (Gandhis) behest that the allegations were levelled against him.
“Log mujhe keh rahe hai ki Madam ke ishare par, suputra ke ishare par yeh sab kuch ho raha.”
When asked if he was directly blaming Gandhi for the attack, Asaram back-tracked saying no political party was involved.
The Congress, however, said it was hilarious to presume that Sonia and Rahul Gandhi were behind the allegations against the spiritual leader.
“It’s a baseless accusation. Asaram Bapu should apologize to Soniaji and to the nation as well,” Congress spokesperson Rashid Alvi said.
Meanwhile, Jodhpur Police have refused to grant Asaram more time and have made it clear that he could be arrested if he failed to present himself for questioning by August 30.
A 17-year-old girl living in the Asaram Ashram has alleged that the spiritual leader Raped her. She reportedly told investigators that Asaram asked her to stay back after prayers at his Jodhpur ashram and then Sexually assaulted her.
The police maintain they have strong evidence against the godman.
Asaram Bapu has been booked under Sections 376, 342, 506 and 509 of the IPC, Section 8 of the Prevention of Children from Sexual Offences Act (POCSO) and Sections 23 and 26 of the Juvenile Justice Act.
Keeping the police waiting, self-styled godman Asaram Bapu, who was summoned by Jodhpur Police to appear before it in a sexual assault case, on Friday did not surrender, with his son claiming that he was taken ill even as the Rajasthan Police decided to send a team to Madhya Pradesh to interrogate him.
Asaram blames Sonia, Rahul for 'framing' him in sexual assault controversy
Asaram's son Narayan Sai claimed that his father had booked his tickets for a flight to New Delhi this morning but his health suddenly deteriorated because of which the air tickets had to be cancelled.
'Asaram to face arrest if he fails to turn up for questioning'
On when Asaram plans to go to Jodhpur, he told reporters that it will all depend on the medical condition of his father.
"We will tell you when Bapu becomes fit enough to travel to Jodhpur (Rajasthan)," he said.
Let law take its own course in Asaram case: MP Minister
Bapu does not believe in taking western medicines and will take only Ayurvedic treatment, Sai added.
In Jodhpur, DCP Ajay Lamba had said earlier in the day, "Asaram has no justifiable reason to skip the deadline. If he fails to come today, a team led by the investigation officer will leave for the place where Bapu is present for interrogating him."
Prove me guilty to get Rs 5 lakh: Asaram
72-year-old Asaram had yesterday said that he would not seek more time to present himself before the Jodhpur police, which is probing into the allegations levelled by the minor girl and had summoned to appear before the Jodhpur police on or before August 30.
He had said that if he is sent to jail, he would begin a fast as he did not trust the food which would be served to him as "part of a conspiracy".
Asaram Bapu's police deadline ends Friday
A police team has been formed to track down Asaram Bapu and take him into custody if the spiritual guru fails to appear in Rajasthan for questioning on Friday in ...
See all stories on this topic »
Asaram Bapu's lawyer says godman can't appear before police today
Self-styled godman Asaram Bapu's deadline to appear before the Jodhpur Police over his alleged involvement in a case of sexual assault ends today. However
Asaram Bapu faces arrest; blames Sonia, Rahul
Asaram Bapu faces arrest; blames Sonia, Rahul ... go before his possible arrest in a rape case, self-styled godman Asaram Bapu went into an allegation spree.
Asaram Bapu sent emissary to end matter: Girl's father
The family of the girl, who lodged a sexual assault complaint against spiritual guru Asaram Bapu, Thursday alleged that they were being pressurized to let go of
Business Standard
'Cornered' Asaram Bapu continues to move freely, evades media
Even as the leaders of various political outfits and social activists demand tough action against in him in connection with the sexual assault case, self-styled
Asaram Bapu fails to appear before Jodhpur police
Bhopal/Jodhpur: Self-styled godman Asaram Bapu may face arrest after he failed to present himself before Jodhpur police for questioning in a sex assault case ...
See all stories on this topic »
Asaram Bapu not appearing before police today, says son
New Delhi: Self-styled godman Asaram Bapu's son Narain Sai said that his father has no plans to appear before Jodhpur police for questioning over charges of
asaram bapu unwell not to surrender before jodhpur police on friday
Self- styled godman Asaram Bapu who was summoned in a sexual assault case, did not surrender on Friday , with his son claiming that he was taken ill even as
Why Asaram Bapu still roaming free, asks Sharad Yadav in Lok Sabha
Sharad Yadav wondered in Lok Sabha as to why Asaram Bapu was still roaming free and has not been arrested despite rape charges slapped against him.
Why Asaram Bapu roaming free despite rape charge, asks Sharad
JD(U) leader Sharad Yadav today wondered in Lok Sabha as to why Asaram Bapu was still roaming free and has not been arrested despite rape charges
Boy : Marry me.. ?
Girl: Do you have a House.. ?
Boy : No..
Girl: Do you have a BMW car.. ?
Boy : No..
Girl: How much is your Salary.. ?
Boy : Sorry No salary.. but,..
Girl: No but. You have nothing.. How can I marry you.??
Get Lost and find a girl of your Society :(
Leave please.!
Boy: (talk to himself) I have one villa, 3 property lands, 3 Ferrari, 2 Porsche.. Why I still need to buy BMW.?!
How can I get the salary when actually I am the BOSS..
Poor Girl
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