An Alliance Air aircraft on Tuesday suffered "extensive" damage after a Jet Airways tarmac bus ferrying its crew rammed into the vacant stationary plane at the international airport in Kolkata.
Jet Airways on Friday said it will raise fares by 10-15 per cent as early as this month to offset rising jet fuel prices -- a decision that possibly stems from confidence about returning passenger demand.
The Kalrock-Jalan consortium - new owners of Jet Airways - has got an assurance from around 30 airports that if the airline restarts operations, 170 pairs of slots can be made available. However, whether those slots will be according to the airline's demand will depend on the order of the insolvency court, which is slated to come next week. Sources said the new management feels it is extremely important that some of those slots are restored or else its business plan of operating Jet as a premium carrier will not be viable.
The airline has paid the TDS but mostly after the scheduled date.
A European cargo airline has moved the National Company Law Tribunal seeking expeditious acquisition of three Jet Airways B777-300 aircraft. The application is by a Malta-based Ace Aviation VIII Limited, which emerged as a successful bidder in the auction of three Boeing 777-300ER aircraft. The firm is part of a Belgium-based cargo airline and its application will be heard on Wednesday.
This is the third time that the carrier is trimming its workforce. In 2007, the carrier cut staff by1,200 after it took over Air Sahara. In August this year, JetLite offered over 700 employees a voluntary separation scheme. This is the first time that the axe is falling on Jet Airways employees directly.
Saroj Datta speaks about his leaving Jet Airways.
Jet has about 1,200 pilots operating Airbus, Boeing and ATR aircraft.
FIIs' stake in Naresh Goyal-owned Jet Airways stood at 7.10 per cent during the three months through September, compared to 6.38 per cent during the first quarter of this financial year.
Auditors raise red flags over Jet Air's robust financial status.
Jet Airways on Saturday announced a special offer, which would enable its economy class passengers to upgrade to the business class by paying an additional amount of Rs 500 to 1,200 on the normal economy class fares.
Even as the cloud of uncertainty hangs over Jet Airways' Executive Director Saroj Datta's future in the airline, the company announced on Tuesday the resignation of its Senior Vice-President N Hariharan and Vice-President (flight operations) Ritzerwan Bin Rashid. Rashid's resignation came into effect on May 15 2008. Rashid has been replaced by Declan Connolly.
Jet will have 56 flights (around 9,400 seats a week) from four destinations from New Delhi, Mumbai, Kochi and Kozhikode to Bahrain and Doha (non-stop), Muscat and Kuwait, and cater to the middle and upper ends of the market.
The proposed $400 million rights issue of Naresh Goyal-promoted private airline Jet Airways will hit the capital market by mid-October.
A Delhi-bound Jet Airways aircraft carrying 139 persons skidded off a runway just before its take off from the Bangladesh capital on Monday, but no one was hurt in the accident.
Sources said Abu Dhabi-based Etihad would pick up 24 per cent stake.
Will Jet Airways benefit by shutting its low-cost carrier in a highly price-conscious market?
The owner of VSR Ventures, whose aircraft carrying Maharashtra Deputy Chief Minister Ajit Pawar crashed, suggests the pilot initiated a 'missed approach' due to poor visibility. The owner vouches for the pilot's experience and the aircraft's maintenance.
Panic gripped passengers at the Indira Gandhi international airport on Tuesday after the Jet Airways call centre received threats about bombs in five of its aircraft from New Delhi.
Jet Airways pilots have warned the management of agitation if the airline fails to offer a concrete plan on payment of arrears amounting to Rs 100 crore (Rs 1 billion) by August 20.
Rumours of Prock-Schaeur's departure have been rife ever since he completed three years with the airline (which was when his contract freed him to leave the carrier without any financial implications). Wolfgang's departure will be the latest in a series of departures from Jet Airways. In the last few weeks, Kingfisher has lured away several senior executives including Murli Ramachandran, senior general manager for airport services.
Etihad has high hopes from Jet Airways deal in which it bought out majority stake in 2013.
Though June-quarter performance was impressive, fuel price hikes and falling demand pose fresh challenges for the company.
Jet Airways, one of India's two main domestic airlines, is likely to report its second loss ever in the fiscal year to March 2003 because of flat demand in the aviation industry, a company official said.\n\n
Two new airlines -- Al Hind Air and FlyExpress -- are set to take to the skies, with the carriers receiving their no objection certificates from the civil aviation ministry.
The ministry and the civil aviation regulator have said the government will consider the airline's request for slots as per existing policy.
Jet Airways is in discussions with aircraft manufacturers and lessors to lease 6-8 planes, including some of those which were to be delivered to Russian carriers prior to the Ukraine war, as it gets ready for the relaunch, according to sources. Moreover, the airline is also negotiating with airport operators to secure slots with "good" timings, they said. Once a major player in the Indian aviation space, the carrier has not flown since April 17, 2019 and is being revived under the ownership of the Jalan-Kalrock consortium.
Old-timers say Jet boss Naresh Goyal, although still razor sharp, doesn't have the same energy he once did and this reflects in his 'baby'.
Jet Airways, India's largest airline in terms of marketshare, is looking at an equity dilution, said Founder and Chairman Naresh Goyal.
17,266,801 equity shares of Rs 10 each offer to be made through book-build process.
There is no immediate benefit for shareholders from the Etihad deal.
Anita would be additional director in a non-executive and non-independent role.
Jet Airways plans to connect European cities through its partnership with Thalys rail network. Since last week the airline has been offering connectivity to Paris via Brussels on Thalys train network.
The company will retire part of the debt by way of sale and lease back of some its aircraft.
Airline posted a consolidated loss of Rs. 128 crore in the first quarter of 2011-12.
Inter-ministerial consultations are continuing on "some queries" sought by US authorities from India regarding allegations made against Jet Airways by an American firm of the same name, Lok Sabha was informed on Thursday.
Jet Airways, India's largest private airline, reported net losses of Rs 406.69 crore for the second quarter ended September 20, down nearly 6 percent from the same quarter last year.
Jet Airways is keen to improve its market share
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