The airline's chief financial officer Ravishankar Gopalakrishnan will be acting as the CEO.
Airline flight attendants reveal the craziest requests they have received from passengers!
In a move which could affect the Jet-Etihad deal or start-up carriers like Tata-SIA or AirAsia India, DGCA has made it clear that foreign airlines or investors would not have the right to control the management of an Indian carrier.
Etihad, Emirates and Qatar Airways have combined hired more than 100 Indian pilots in the last six months.
Under flak from several MPs over the Jet-Etihad deal, government on Monday said it had "no role to play" in the sale of Jet's slots at London Heathrow airport to the Abu Dhabi-based airline.
A one-time income of Rs 305 crore (Rs 3.05 billion) from the sale of its loyalty programme to equity partner Etihad helped Jet Airways slash losses to the tune of 95.7 per cent at Rs 43 crore (Rs 430 million) in the three months to September.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
Qatar, Dubai and Sharjah want 80,000 additional seats per week as part of bilateral negotiations with India.
Even as its senior executives are reported to be in Abu Dhabi to further negotiate with Etihad on the proposed stake sale to the Gulf carrier, Jet Airways engineers are on a "go-slow" mode following the failure of talks over wage hike and arrears, sources said.
Etihad and Qatar Airways have held informal talks with Kingfisher and SpiceJet to expand their footprints in India.
The biggest challenge is not the airline's debt, but downsizing its 16,800 employees, says Surajeet Dasgupta.
Their salary arrears of 2011 runs in Rs 10 crore.
Lured by fatty pay packages and "better" work conditions, flag carrier Air India's pilots are taking a flight to the Gulf airlines leading to a severe shortage of commanders.
While the airline is accommodating passengers on available flights, this is resulting in extending travel time and detour for customers.
Signalling an imminent change in SpiceJet's ownership, potential investors including co-founder Ajay Singh and US-based JPMorgan have begun discussions with markets regulator Sebi over their investment plan for the cash-strapped airline.
Debt-ridden national carrier Air India tops a brand reputation survey.
The agreement received post-facto approval of the Union Cabinet at a meeting chaired by Prime Minister Manmohan Singh in New Delhi on Tuesday evening. The accord would allow the designated carriers of India and Abu Dhabi to have 50,000 seat-capacity each week.
No reason was cited for rescheduling of the meeting.
The airlines is in talks with Oman Air and Etihad.
In the previous decade, the government, with Praful Patel as the civil aviation minister, saw the introduction of an irrational 5/20 policy.
'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.
International and Indian airlines are refusing to refund cash and giving credit that can be used later.
Vistara is keen to take to global skies.
These special fares are a small gesture of appreciation from Emirates for its customers in India.
Air India buyer has to take over interest-bearing debt of Rs 16,500 crore a large portion of which is aircraft related, meaning they are backed by aircraft value
For debt-laden Jet Airways, bitter foe Tata may turn into timely saviour.
Naresh Goyal only gave an undertaking not to sell any of his 51% stake in return for raising working capital debt from PNB.
The airline is trying to save on wage costs by cutting the normal notice period of six months by about half for pilots who have already resigned.
"We humbly request to you to alleviate some of the hardships that we and engineers have been facing, by ensuring that the new Jet management does not further delay our pending salaries dues at the earliest," NAG general secretary Tej Sood said in an e-mail to SBI chairman Rajnish Kumar.
Ajit Singh says will seek cabinet nod to scrap 5-year, 20 aircraft rule.
Over 1.3 million, or 49% of passengers flew to the US via airports in the Gulf in FY16
Unless Naresh Goyal pulls the proverbial rabbit out of his hat or reveals an unexpected ace of spades, the airline he built from scratch - many refer to it as "his baby" - may slip out of his grasp, says Anjuli Bhargava.
Jet Airways, part-owned by Abu Dhabi's Etihad, reported its biggest-ever quarterly loss as costs jumped and it took a charge on its investment in a subsidiary.
With oil prices in a free fall, the airline is looking at regaining some of its lost share.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
United, American snap code share deals, in compliance with US regulator's ruling
Vistara has a three-class configuration with business, premium economy and economy cabins.
Though Vistara is not a low-cost carrier, it could benefit from the fact that the difference between the fares of LCCs and economy class of full-service carriers in India is minimal today.
If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014.
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