Bigbird Posted May 18, 2021 Share Posted May 18, 2021 Tata Sons Ltd and Singapore Airlines Ltd announced the infusion of an additional SGD 84.7 million (INR 465 crore) into Vistara However, during the last few weeks, the number of domestic air passengers per day has come down from the peak of more than 2.2 lakh to around 75,000 currently, according to the Indian civil aviation ministry's data. The airline’s board approved the allotment of 465 million shares of INR 10 each to the two promoters, data from business intelligence unit Tofler showed. The airline's promoters had slowed down on fund infusion in 2020 as international operations were shut for a large part of the year due to restrictions imposed by the governments to contain the spread of the deadly coronavirus. However, they are now looking at equity injection to expand international operations. Vistara plans to expand its operation significantly by 2023, which is the primary reason behind the carrier’s aggressive capital infusion moves. The airline has already started flying to London and Tokyo this year and has filed for permission to fly to the US from September. However, during the last few weeks, the number of domestic air passengers per day has come down from the peak of more than 2.2 lakh to around 75,000 currently, according to the Indian civil aviation ministry's data. Similarly, international air traffic has also been affected by the second wave of the pandemic. https://www.msn.com/en-in/money/topstories/vistara-gets-fund-infusion-from-tata-sons-singapore-airlines/ar-BB1gJ8Sm Link to comment Share on other sites More sharing options...
Bigbird Posted May 18, 2021 Author Share Posted May 18, 2021 (edited) Sinkies really kanna "Pang Puay Ki"! Edited May 18, 2021 by Bigbird Link to comment Share on other sites More sharing options...
Satki Posted May 18, 2021 Share Posted May 18, 2021 Singapore is like India's ATM I sense something suspicious anyone smell anything? Link to comment Share on other sites More sharing options...
The_King Posted May 18, 2021 Share Posted May 18, 2021 heng i dont have sia shares Link to comment Share on other sites More sharing options...
Homelander Posted May 18, 2021 Share Posted May 18, 2021 SIA ownself bo lui...still can inject others...lol Link to comment Share on other sites More sharing options...
aaur4man Posted May 18, 2021 Share Posted May 18, 2021 Link to comment Share on other sites More sharing options...
ODACHEK Posted May 18, 2021 Share Posted May 18, 2021 So means huat..? SG wanna import more ah nehs to test the vaccines in sg effective anot mah? TVB for life... Link to comment Share on other sites More sharing options...
Bigbird Posted May 19, 2021 Author Share Posted May 19, 2021 On 5/18/2021 at 9:05 PM, The_King said: heng i dont have sia shares On 5/18/2021 at 9:41 PM, Homelander said: SIA ownself bo lui...still can inject others...lol So $$$$ come from where??!!! Link to comment Share on other sites More sharing options...
The_King Posted May 19, 2021 Share Posted May 19, 2021 6 minutes ago, Bigbird said: So $$$$ come from where??!!! who cares, i got no shares. Link to comment Share on other sites More sharing options...
Bigbird Posted May 19, 2021 Author Share Posted May 19, 2021 16 minutes ago, The_King said: who cares, i got no shares. SGovernment money comes from where???? Your FPC, GST, income tax...... Link to comment Share on other sites More sharing options...
The_King Posted May 19, 2021 Share Posted May 19, 2021 3 minutes ago, Bigbird said: SGovernment money comes from where???? Your FPC, GST, income tax...... me uncle already, not worried 1 Link to comment Share on other sites More sharing options...
XianGe Posted May 19, 2021 Share Posted May 19, 2021 On 5/18/2021 at 8:46 PM, Satki said: Singapore is like India's ATM I sense something suspicious anyone smell anything? Will wp bring this up in next parliament? Link to comment Share on other sites More sharing options...
Bigbird Posted May 19, 2021 Author Share Posted May 19, 2021 6 minutes ago, The_King said: me uncle already, not worried U rich "uncle", poopies will squeeze more $$$$$!! Link to comment Share on other sites More sharing options...
The_King Posted May 20, 2021 Share Posted May 20, 2021 11 hours ago, Bigbird said: U rich "uncle", poopies will squeeze more $$$$$!! i dont have $$$$$. only off grid style to live Link to comment Share on other sites More sharing options...
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