Monday, April 22, 2019

Jet Airways grounded all flights till further notice after they were not able to generate confidence with banks & lenders for interim funding . As per airlines spokesperson the emergency funds from lenders or bank is not forthcoming resulting into airlines disability to pay for fuel & other critical services to keep airlines operational. Jet airlines had...

Saturday, April 6, 2019

Danish logistics giant DSV offered Swiss logistics giant Panalpina an unrefusable offer of Swis franc195 / share in a deal worth approx $4.6 bn in order to become world leading freight forwarding company . DSV & Panalpina both were in negotiation for last 2 months with deal starting at Swiss Franc 170/ share in January which seems to be finally closing at Swiss Franc...