Aneesh Phadnis &Amp;Amp; Arindam Majumder

Stories by Aneesh Phadnis &Amp;Amp; Arindam Majumder

Dec salary paid, but Jet pilots may still strike tomorrow

Dec salary paid, but Jet pilots may still strike tomorrow

Rediff.com   31 Mar 2019

'There will be no flying unless the company pays us substantial salaries and provides a road map,' the National Aviators Guild, the pilots union, said in a message to its members.

Airlines warned against steep fares for flights to J&K, NE and Port Blair

Airlines warned against steep fares for flights to J&K, NE and Port Blair

Rediff.com   30 Mar 2019

Jet has pulled out flights from Northeast states and also cancelled its Srinagar flight, leading to reduction in capacity.

Jet's woes deepen; airline defaults on loan repayment

Jet's woes deepen; airline defaults on loan repayment

Rediff.com   29 Mar 2019

The first tranche of $31 million was due on March 11, while the second instalment of $109 million was due on March 28.

With GMR pie under its wing, Tatas check into airport business

With GMR pie under its wing, Tatas check into airport business

Rediff.com   28 Mar 2019

The deal will give India's largest conglomerate indirect stakes in seven airports in India and abroad.

Jet to operate 40 more planes by April-end

Jet to operate 40 more planes by April-end

Rediff.com   27 Mar 2019

Jet's operating fleet reduced from 103 planes in October 2018 to 35 now, leading to massive cancellations and a surge in airfares

Jet lenders mull open auction process

Jet lenders mull open auction process

Rediff.com   24 Mar 2019

Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.

Most lenders cool to funding cash-strapped Jet Airways

Most lenders cool to funding cash-strapped Jet Airways

Rediff.com   23 Mar 2019

After a meeting of banks on Friday on ways to make funds available immediately, a source in the know said lenders other than SBI and Punjab National Bank had not come on board so far to chip in with their funds.

Jet lenders may move into cockpit, replace board

Jet lenders may move into cockpit, replace board

Rediff.com   21 Mar 2019

According to the revised plan, promoter Naresh Goyal, his wife Anita Goyal and the directors nominated by the promoter would be asked to step down from the board, and the lenders, as part of the resolution process, will infuse around Rs 1,200 crore into the airline as emergency funding.

Jet's crisis deepens as Etihad, lenders lock horns

Jet's crisis deepens as Etihad, lenders lock horns

Rediff.com   19 Mar 2019

Etihad said it would not participate in the rights issue or infuse fresh funds under the current terms and conditions of the resolution plan

Passengers have gruelling time as Jet grounds more flights

Passengers have gruelling time as Jet grounds more flights

Rediff.com   19 Mar 2019

While the airline is accommodating passengers on available flights, this is resulting in extending travel time and detour for customers.

Jet suspends services to Abu Dhabi, slashes flights to Dubai

Jet suspends services to Abu Dhabi, slashes flights to Dubai

Rediff.com   18 Mar 2019

Jet has proactively undertaken certain operational adjustments to its flight schedule, keeping in mind the likely, yet interim non-availability of some aircraft in its fleet in the foreseeable future.

Boeing lease rates like to rise over MAX grounding

Boeing lease rates like to rise over MAX grounding

Rediff.com   18 Mar 2019

Demand for the earlier variant 737NG planes is also expected to pick up due to the grounding of MAX planes.

How Skoda plans to make India its 5th-largest market

How Skoda plans to make India its 5th-largest market

Rediff.com   16 Mar 2019

With a presence in the value segment, better service quality, and lower ownership cost, Skoda India's director of sales and marketing Zac Hollis aims to make important changes. He tells Arindam Majumder how he plans to make India the company's fifth-largest market by 2023.

SpiceJet to seek compensation from Boeing

SpiceJet to seek compensation from Boeing

Rediff.com   14 Mar 2019

SpiceJet had bet its fortunes heavily on the new version of the 737 of which it has 13 planes in its fleet and another 193 aircraft on order

DGCA to monitor airfares, as India grounds all Boeing 737 MAX

DGCA to monitor airfares, as India grounds all Boeing 737 MAX

Rediff.com   14 Mar 2019

The airfares are already 15 per cent higher than last season and due to this shortage it will go higher, said Sharat Dhall, COO of Yatra.com.

Vistara finally gets nod to fly on international routes

Vistara finally gets nod to fly on international routes

Rediff.com   13 Mar 2019

Approval was held up due to CBI investigation into international flying permit of Tata group-owned AirAsia India.

The new charter does not make life easy for flight passengers

The new charter does not make life easy for flight passengers

Rediff.com   7 Mar 2019

It neither mentions timelines for refund or compensation, nor talks about penal provisions for airlines.

GoAir to sub lease older Airbus A320 planes

GoAir to sub lease older Airbus A320 planes

Rediff.com   6 Mar 2019

It has a fleet of 47 planes including 17 Airbus A320Neo. The remainder include Airbus A320Ceo planes.

AI, Vistara take back helpline for stranded Jet fliers

AI, Vistara take back helpline for stranded Jet fliers

Rediff.com   3 Mar 2019

More than 25 aircraft of Jet Airways has been grounded by lessors due to non-payment of lease rentals. The airline, which started the winter schedule with 103 planes, is now down to 83.

How India can become a hub of software products

How India can become a hub of software products

Rediff.com   1 Mar 2019

Policy lays out a 5-year road map seeking creation of 3.5 mn jobs and promoting 10,000 start-ups.