Etihad said it declined to lodge an EoI to reinvest in Jet Airways because of unresolved issues concerning the airline's liabilities.
Of the 22 planes it operated, 16 were on the domestic routes and the rest were deployed in the international routes.
The pilot-turned-airline owner and his partner Biraja Jena plan to launch FlyBig, which has secured 16 routes under the fourth phase of UDAN, the government's regional connectivity programme.
'Where rostering systems are automated and duty time software interfaces directly with DGCA, the assertion that they suddenly discovered crew shortages is simply implausible.' 'If adequate crew planning hasn't materialised within 12 to 24 months from inception, how will 45 days -- from December 5 to February 12 -- suddenly resolve matters?'
It had submitted an EoI for Jet as it wanted to understand the business scenario for the company and the industry.
The airline owes lakhs of rupees to passengers and its vendors.
Jet Airways will reward passengers who book tickets on the airline's Web site www.jetairways.com.
The process of getting a new promoter on board is likely to take another two to three months and once that happens, the banks would offload their stakes.
Jet Airways is working on a plan that will entail a reduction in flight duty hours of its unconfirmed cabin crew (that will reduce their take-home salary), withdrawing some perks and downgrading entitlements like hotels as part of a package to reduce manpower costs. Perks on the block include a weight allowance (given to cabin crew if they maintain a certain body weight) and allowances for staying abroad amongst others.
The airline would leave Mumbai at 7.30 pm and arrive in Riyadh at 9.15 pm. The same plane would then leave Riyadh at 10.15 pm and arrive in Mumbai at 4.20 am.
Jet Airways, which inducted the 42nd aircraft in its fleet, has urged the government to allow domestic private carriers to fly abroad and also carry out their own ground handling.
The Supreme Court on Thursday directed Jalan-Kalrock consortium, the new owners of the cash-strapped Jet Airways, to deposit Rs 150 crore in SBI's escrow account by January 31, saying failure to do so will mean that the consortium is not in compliance with the terms of the resolution plan for reviving the airline. The top court, meanwhile, also refused to allow the separate plea of the Jet Aircraft Maintenance Engineers Welfare Association seeking payment of provident fund and gratuity dues, observing if additional money is awarded, the resolution plan will become "unworkable". The consortium, as per the lawyers for the workmen, has to pay over Rs 200 crore towards dues on account of PF and gratuity.
After getting the permit from China, Jet Airways plans to launch its Mumbai-Shanghai-San Francisco services from first week of June.Jet Airways is also carrying out talks with several Chinese carriers for partnerships to provide connectivity in the region, on the lines of the one it has with Brussels Airlines for onward journey to other European cities.
However, while the capacity void in the domestic market has been filled, a vacuum still remains in international connectivity, especially on the India-Europe and onwards route, which was well connected by Jet Airways via the Boeing 777, Airbus A330 aircraft and its hubs in Paris and Amsterdam.
Flights depart New York at 8:25 pm and arrive in Mumbai at 11:30 pm the following day. Return flights will leave Mumbai at 2:10 am and arrive in New York at 11:55 am the same day.
Private carrier Jet Airways has obtained security clearance from American authorities to fly to the United States.
Ending the monopoly of government-owned airlines to fly abroad, the DGCA has initiated the process of allowing private carriers to launch overseas services by asking them to file their schedules and fares for operating to Colombo.
Such seats would be available on a pre-payment of Rs 500 per passenger on domestic flights and Rs 800 for international travel
Passengers holding confirmed RT tickets on Jet Airways will be allowed to avail special stranded passenger fares from the destinations common with Air India.
Ticket refunds remain a challenge, though Jet claims the amount would be credited in 7 to 10 working days after the request is processed.
Jet Airways pilots along with engineers and senior executives have not been paid for the last three months.
Jet Airways has entered into a special code sharing agreement with the world's largest carrier American Airlines for India-US flights.
The creditors of the grounded carrier Jet Airways on Wednesday raised questions over the source of Rs 200 crore deposited by the Jalan-Kalrock Consortium before the insolvency appellate tribunal NCLAT and said it does not align with the resolution plan. Additional Solicitor General N Venkataraman, representing lenders including SBI and other banks, told the National Company Law Appellate Tribunal (NCLAT) that there are apprehensions about the source of funds, which deposited money for Jalan-Kalrock Consortium's (JKC). "The payment is not compliant with the resolution plan as it mandates that the money is to be paid through JKC," ASG submitted before a three-member NCLAT bench headed by chairperson Justice Ashok Bhushan.
After allowing private Indian carriers to operate to the UK and Southeast Asia, government on Friday permitted Jet Airways to launch operations to New York from the ensuing summer season starting April.
The pilots are also looking to take recourse to legal steps, including recovery proceedings against the company for salary, allowances and benefits
Alleging some "motives" behind the series of developments at the carrier, Jet Airways Officers & Staff Association president Kiran Pawaskar demanded a probe, preferably by CBI.
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.
Battling to grab market share on international routes, Jet Airways has drawn up plans to make China a hub for flying to popular destinations like San Francisco and Los Angeles on the US west coast and to Vancouver in Canada in the near future. "It is much shorter to fly from China to the US west coast than from Singapore. This way, the yields on the routes will also be higher," said Jet Airways Chairman Naresh Goyal.
Jet Airways, on Wednesday, set a new record in the history of Indian Civil Aviation by flying 36,406 passengers with a seat factor of 86 per cent.
Jet Airways launched its flights to Muscat and Doha. The daily flight service will operate from Mumbai and Kerala.
A Jet spokesperson said the private carrier would operate Newark-Mumbai-Newark and Toronto-Delhi-Toronto sectors by making a technical halt at Athens as an alternate temporary transit point through Europe.
An official of the aviation regulator DGCA had said that the pilots aborted the take off after they were informed about a 'barrier' on the runway
"With the regulatory approval process now finalised for the new route, we are very pleased to enter this new stage of Jet Airways' North American expansion," Jet Airways founder and chairman Naresh Goyal said.
An employees' consortium has demanded that the Committee of Creditors should look at providing one month's salary as an interim financial assistance.
The summer schedule of flights of all other domestic airlines such as Vistara, IndiGo, Air India and GoAir have been approved till October 26.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances