Boeing gives Jet Airways a helping hand

'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'Arindam Majumder and Aneesh Phadnis report. Several long-term business partners of Jet......

Paramount Airways might be revived with lawsuit money

A revival of Paramount Airways might happen, with a British court reportedly awarding it Rs 1,650 crore (Rs 16.5 billion) as compensation in a lawsuit. The airline, grounded by the......

Paramount to pay $5.25 mn to UK firm

Paramount Airways, whose operations have been affected by a dispute over leasing of three aircraft, on Thursday offered to pay $5.25 million within six months to the UK-based lessor in the Supreme......

Nok Air, Jazeera Airlines eye India

Bangkok-based low-cost carrier Nok Air is in talks with Kingfisher Airlines and Air Deccan for a strategic operational alliance to enter India."We have initiated a dialogue with Kingfisher Airlines......