Total expenses increased over 21 per cent to Rs 672 crore, with cost of materials consumed climbing 26 per cent due to rising costs of ingredients including cheese and vegetables Restaurant Brands Asia on Monday reported a steeper first-quarter loss, as Burger King’s India operator incurred higher raw material expenses while also spending heavily… Continue reading Burger King’s India operator posts wider Q1 loss on back of higher costs
Tag: operator
DGCA renews Jet Airways Air Operator Certificate with conditions: Official
Aviation safety regulator DGCA has renewed with conditions the Air Operator Certificate (AOC) of Jet Airways until September 3, a senior official said on Monday. Cash-strapped Jet Airways stopped flying on April 17, 2019. The AOC was re-issued on May 20, 2022. However, since the airline did not start operations, it expired… Continue reading DGCA renews Jet Airways Air Operator Certificate with conditions: Official
Jet Airways shares bolt 5% as DCGA renews its air operator certificate
Shares of cash-strapped airline Jet Airways jumped 5 per cent to hit the upper circuit at Rs 50.80 apiece on BSE in Monday’s intra-day trade after the Jalan-Kalrock Consortium (JKC), the winning bidder for the operator, said it has received the regulator’s extension to operate the airline. In comparison, the BSE Sensex was… Continue reading Jet Airways shares bolt 5% as DCGA renews its air operator certificate
DGCA renews air operator certificate of cash-strapped Jet Airways
Jalan-Kalrock Consortium, the winning bidder for bankrupt Jet Airways, on Monday said aviation regulator the Directorate General of Civil Aviation (DGCA) has renewed the airline’s air operator certificate. Cash-strapped Jet Airways stopped flying from April 17, 2019. The Air Operator Certificate (AOC) was re-issued on May 20, 2022. However, since the airline did… Continue reading DGCA renews air operator certificate of cash-strapped Jet Airways