The airline has failed to address fliers' fears and has been opaque about the allegations of tax and financial fraud, giving rise to apprehension that Jet Airways may be headed the Kingfisher way.
Ninety years later, BA counts the country as its second-biggest overseas market after the US.
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Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) said 80,179 Indian nationals stayed in the city's hotels from January until the end of June, registering a 22 per cent rise on last year.
Air India is keen to raise working capital by selling aircraft.
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
Schuldschein is an alternative way to raise funds instead of loans or bonds and deals can run from $12 million to more than $1.13 billion. These instruments include tranches of different maturities and currencies and investors are spread across the world.
Finalisation of the date for joining the elite club will be decided only by Air India, Star Alliance vice-president for corporate office, Christian Klick, told reporters here during a media interaction.
Under the resolution plan, the lenders would end up having a sizable portion of shares in the airline, if their boards of directors agree to convert part of their debt into equity.
Signs of financial stress were visible when the airline reported a loss of Rs 10.40 billion.
'When Etihad initiated their bid, it was conditional.' 'They said only if someone takes a 'haircut' would they be interested.'
Jet Airways (India) Ltd has defaulted on lease rentals of its Boeing 737s, highlighting the financial difficulties faced by the airline.
The April 2 Supreme Court order quashing the February 12, 2018 RBI circular (which ended all debt recast plans even on a one-day default) put paid to the resolution plan as banks were left with no leeway to restructure the loan and pay the promised Rs 1,500 crore interim funds.
According to media reports, Securities and Exchange Board of India is debating whether to reopen the issue of an open offer for shareholders of Jet Airways after another regulator said that Etihad enjoys joint control over the Indian airline.
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.
The top executives who have put in their papers with immediate effect include Jet's chief executive officer (CEO) Vinay Dube, chief finance officer (CFO) and deputy CEO Amit Agarwal and company secretary Kuldeep Sharma.
These measures follow the Germanwings crash last month.
Ticket refunds remain a challenge, though Jet claims the amount would be credited in 7 to 10 working days after the request is processed.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
The Air India board has cleared a proposal for sending its pilots on deputation to its budget arm, Air India Express, which has been facing shortage of commanders for some time now.
would also take on board its strategic investment partner Etihad
At the end of September quarter, Tail Winds held 68,15,843 shares, equivalent to 7.89 per cent holding, of Jet Airways.
Goyal was questioned by the Serious Fraud Investigation Office on Thursday in Mumbai in connection with allegations of some financial irregularities.
Merrill Lynch jumps to first from 7th last year in a smaller market; says its focus is larger deals and clients.
The aircraft was called back to the parking bay at the time of taxiing.
Asian and Middle Eastern airlines -- but no Indian names -- dominated the Top 10 slots at the World Airline Awards.
Jet Airways (India) Ltd hopes to minimise the impact of a sharp rupee depreciation by growing its international network over the next few months.
'Passengers feel since they have paid for the ticket it means they are entitled to unlimited free drinks.' 'They don't differentiate between 'free' and 'complimentary' drinks.'
Together with Jet Airways we will have 61 flights to Amsterdam and Paris during the winter season. That also makes us the second largest airline group after Lufthansa, which has 67 weekly flights, and we are catching up to become the first, says KLM CEO Pieter Elbers.
Sources said Unsworth had submitted a one-page letter indicating his interest in Jet but without any accompanying documents.
Major global airlines, including Gulf carriers, are keen to invest in this space.
Huge demand sparks apprehension among other carriers, private airports.
British Airways, Lufthansa, Etihad and Singapore Airlines are scouting for an Indian partner that meets the net worth criterion
The change in ownership is necessary to conform to the government's foreign direct investment norms in aviation.
Air India's decision to buy five Boeing 787-9 is illogical.
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
A free and open aviation market, where the government keeps the interest of consumers higher than saving any airline.
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.
Air India, which is set to fly to Moscow from early next month, is exploring CIS destinations among the new places that it wants to expand its global operations to, an airline official said.
Dubai-based Emirates Airline has termed reports that it is holding discussions with Indian carrier SpiceJet for buying a stake in the airline as 'inaccurate' and said that it was busy with its own expansion plans.
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