Jet Airways find the ways to increase Liquidity from International sources

“Shareholders at the extra ordinary general meeting of the company held on September 24, 2009 have passed the requisite resolution regarding the issuance of additional capital up to $ 400 million,” Jet said in a filing to the Bombay Stock Exchange.

The airline had earlier said it would raise the amount by private placement of shares with qualified institutional buyers or by Global Depository Receipts (GDRs), American Depository Receipts (ADRs) and Foreign Currency Convertible Bonds (FCCBs).

Japan Airlines is also struggling for public money to be raised as the president of Japan Airlines said Thursday the money-losing carrier is applying for public funds to help turn around the company after it was pummeled by the downturn in global air travel, but it quickly received a reluctant response from the transport minister.

JAL President Haruka Nishimatsu said he told Land and Transport Minister Seiji Maehara that the airline is seeking emergency government aid under an industrial revitalization law that is intended to help struggling companies.

“I have made the request from JAL” seeking approval for an injection of public funds, Nishimatsu told reporters after the talks. He refused to reveal how much money the airline wants. “Considering the economic environment, we believe that we could eventually reduce our dependency on the government if we could use the revitalization scheme.”

If approved, JAL would be the second company to receive emergency aid under a new government program designed to help companies ride out the global slump. The government approved aid for chip maker Elpida Memory Inc. in June.

Approval is not guaranteed because some government officials believe JAL’s slump reflects structural problems in the company, not just the global economic downturn, Japan’s largest newspaper, Yomiuri, said.

Maehara called the airline’s restructuring plan insufficient.

“I must say it’s not enough. I can’t immediately say yes to the request,” he said.

“We’d like to see JAL work to the bone and produce a thorough reconstruction plan that can get a passing mark from financial institutions,” Maehara said.

JAL has reportedly been in talks with several major airlines including American Airlines Inc. and Delta Air Lines Inc. for possible financial and business support. Earlier this month, JAL said it would cut 6,800 jobs by March 2012.

It will also consider a breakup of the company as a solution to its financial problems, The Wall Street Journal reported Thursday, citing an unidentified source.

Maehara also met with leaders of the government-owned Development Bank of Japan, as well as Japan’s top three commercial banks — Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group and Mizuho Financial Group — to discuss the possibility of funding the airline. JAL in June reached a 100 billion yen ($ 1.1 billion) loan deal with the Development Bank of Japan and the three commercial banks.

Nishimatsu provided details of the company’s restructuring measures, including scrapping of unprofitable routes and capital tie-ups with foreign airlines, during his talks with Maehara. The president said JAL aimed to conclude talks with foreign carriers by mid-October, but did not identify them by name.

JAL, a former national carrier that was privatized in 1987, incurred its biggest-ever quarterly net loss of 99 billion yen ($ 1 billion) in the three months to June.

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Can You Find Cheap AirFare?

People used to perceive flying as a glamorous and exciting way to travel. Today buying airline tickets and flying somewhere is seen as a major hassle. The tickets are expensive. Flights are filled to capacity. Over the years, the cost of everything has gone up. But just because times are tough doesn’t mean you have to pay the high prices that are advertised. It is absolutely possible to get cheap domestic flights if you need to travel somewhere. These tips will help you get cheaper flights the next time you travel.

A trip that includes a saturday stay will be more affordable. You will get a lower fare if you book a saturday night stay and fly out on sunday or later. The savings you will see are completely worth the extra day or two you might have to stay. Most people don’t realize this has been true for years. For at least a couple of decades people have known that one of the keys to getting cheap domestic flights is staying over on a Saturday night. Who doesn’t want a longer vacation anyway?

Traveling mid-week is one way to get cheap domestic flights. By staying over rather than flying on a Saturday, you may receive a discount on your flight. If you can plan your flight between Tuesday and Thursday, you’ll generally get the lowest rates. That’s because the largest number of travelers prefer to travel during the weekend.

The majority of people are working weekdays. This makes it harder for the airlines to fill their planes. The airlines don’t want to fly planes with lots of empty seats. When there are many free seats, the price of the tickets goes down.

This might sound silly, but have you considered driving instead? With the wait times in security lines and check ins, driving to your destination might be just as fast as flying. In some cases, depending on your gas mileage and the cost of gas, it could even be cheaper than flying as well. Driving would almost certainly be cheaper if you shared the costs with one or more other people. While you may be thinking about how to get a cheap domestic flight, in some cases you can save even more by driving! What’s more fun than a road trip?

Locating cheap domestic flights is fairly straightforward. If you plan properly, you should have no trouble finding a discount flight next time you fly. Don’t be afraid to ask for a discount directly either -often this is how you get the very best rates being offered. You don’t have to get discouraged by the regular fares, as there’s usually a way to find a better deal!

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Cheap Travel Insurance – Easy way to Find the Best One

A Travel Insurance Plan could be the easiest method to safeguard you from medical costs developing from illness or injuries or against thievery or lack of possessions along with other accidents that could occur throughout your domestic or worldwide travels.

Usually people travel abroad for a number of reasons for example pleasure trip or business travel or study trip etc and also you would likely immaterial interfering with your hard gained holiday or foreign study or crucial business meeting. However planned become your holiday is, but there’s always possible of some unpredicted occurrence. You may be sufferers to unfortunate occasions for example baggage loss, passport loss, medical emergency or perhaps an accident. This is actually the primary need for getting overseas travel cover since it safeguards you against each one of these challenges and importantly you aren’t left stranded regardless of emergency.

Travel cover is deliver to any age between 1 – 70 many the insurance coverage cover is generally from 7 to 180 days and may be extended online. Insurance coverage offer various coverage options from 50,000 US $ to 100,000 US $ and also the fees are due on pay daily basis and never slab rates. The Travel Cover covers Dental Care, Medical Evacuation, Repatriation, Baggage Loss or Delay, Trip Cancellation and Interruption, Personal Accident etc with no medical check-up is needed as much as 70 years old.

TPA or 3rd Party Administrator provides cashless medical services as well as provide information you need to cope with any difficulty regarding claims. Insurance policy commences or begins at the time specified about the policy schedule or even the time you board the conveyance to depart for that overseas journey or even the contracted departure date according to a policy whichever is later.

Various kinds of Travel Cover are:

Trip Interruption Insurance – trip interruption coverage would pay your expenses if you’re not able to carry on a visit you’ve began because of an injuries or illness or other reason.

Trip Cancellation Insurance – it may be of three types which might have an event in which you pre – purchase a cruise or tour that will get cancelled and also you can’t get a refund, or whenever you or someone inside your family will get sick or dies and also you can’t travel, and third when bad weather makes travel impossible.

Lost – Luggage Insurance – lost luggage insurance would cover you should you lost your luggage throughout travelling also it would cover you for which you lost with no more.


Atlas Travel Cover

BootsnAll Travel Cover

World Nomads Travel Cover

Cheap Travel Insurance that provides you with maximum coverage with the least of expenses. Travel Insurance Supermarket will help you to find the best travel insurance company.

How To Find Florida Auto Insurance Quotes

When you want to find Florida auto insurance quotes, there are several things to do in order to find the cheapest one there is. When it comes to your safety as well as your vehicle’s safety, you need to find a company that can insure it without offering you absurdly high premiums. Wherever you are in this area of the state, there will be a single company who is willing to offer you an affordable premium.

Just like any other state, there are things you can do to easily find the lowest premium for you. Here is a list of what you need to do in order to find the most affordable premium for you.

1. Determine the requirements of your state. Almost all states in America require all drivers to insure their vehicles. When you have gathered what you need to show the company who will insure your vehicle, you can then continue on with your quest.

2. You need a computer with a secure online connection for this step. Connect to the internet. Once online, go to your favourite search engine and type in the keywords that best fit your description of a good and affordable premium. You may add the words “cheap” or “affordable” to make sure that the results that will appear are exactly what you wanted.

3. When the search results appear, you may choose from a list of companies that offer to insure vehicles in your state. To make things easier, you may choose third-party websites that give out free quotations of the computation of your premium so you may know exactly how much it will cost.

4. These third-party websites also offer free comparisons. I recommend that you use these services because it will be easier for you to compare the different prices of premiums from several of your chosen companies. In short, it will bring everything down to one choice.

5. Once you have chosen a company, you may apply online. They mostly have online application forms that you can download, fill-up, and fax together with the required documents. You may also apply personally as it gives you the chance to sit down and talk with an agent who can explain all the processes.

Before you sign your commitment with a company, make sure that you have read and understood all their terms and conditions because you never know if they are hiding anything up their sleeve. If you have questions do not hesitate to ask. You need to make sure that the Florida auto insurance quotes that you have chosen are worthy of what you are paying for.

Top tips on how and where to find the best Florida auto insurance quotes now in our complete guide on the latest car ins quiz .

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Find my iPhone Stories

There are several GPS tracking apps which can help you recover your devices in case you misplace them or they are stolen. One of the best apps of this kind comes from Apple and it is called Fin my iPhone. This app lets you track down your iPhone or iPad on a map, sent messages to it and implement a kill switch which can be triggered in case you need it. The internet is full of stories about this app and how it got people out of trouble more than once.

One of the best places to find stories about this app is Find my iPhone Stories website. There many stories which show how the find my iPhone app and Mobile ME had proved to be of service.

For instance you can find out how this app has helped find a missing plane, a Chilean military airplane crashed somewhere on Chile’s Pacific coast. One of the victims had an iPhone featuring the Find My iPhone app which provided its GPS location to Apple’s Find My iPhone service just until hitting the water, and this way accurate GPS coordinates could be established.

Other story tells about one guy who got his iPhone stolen at a night club and managed to recover it from the thief. The guy tracked down the phone inside of a building and triggered the alarm on the stolen iPhone by using his dad’s device. After a few failed attempts, he managed to hear the alarm ringing in one of the apartments. After knocking hard on the door, some guy answered, but was not very pleased to hear my friend’s story and the fact that he wanted his phone back. At first he claimed that the alarm was his ringtone, than he became a bit violent, but everything settled when my friend offered him some money in exchange for the iPhone.

On the other hand, another story tells about the Find my iPhone app used as a stalking tool. It is about a young girl whose boyfriend was pretty excited when he discovered that now you can locate iphone or PEOPLE by using your icloud account. He used the app to track her down and spy on her.

Lots of other stories are available on the Find My iPhone Stories website, and you can add your own story if you wish. Share with other people your experience regarding this Apple app or others. You can also find useful iPhone security tips or how to set up iCloud easy and without hassle.



Find my iPhone stories – A place to share and read stories about this app.