Naresh Goyal-owned private airline Jet Airways is understood to be considering providing meals on its all economy service Jet Konnect.
Among executives who have been approached are former president and CEO of IndiGo Aditya Ghosh, Wolfgang Prock Schauer, current president and Chief Operating Officer at IndiGo and Sanjay Kumar, Chief Strategy and Revenue Officer of IndiGo.
Code share is a commercial agreement between two or more airlines that share the same flight, with all the partnering airlines able to sell seats on that particular flight.
Naresh Goyal-led Jet has also changed the shareholders agreement and amended the investment agreement and the articles of association, as suggested by the Foreign Investment Promotion Board, headed by DEA Secretary Arvind Mayaram, official sources said.
The provisional restructuring plan has been carried out by lenders, led by State Bank of India, under the Reserve Bank of India's February 12, 2018 circular.
However, the tribunal rejected the plea by the Netherlands based vendors for filing an intervention application, saying the Dutch district court had no jurisdiction to order bankruptcy of Jet Airways.
Serious Fraud Investigation Office will probe the airline for instances of fund diversions and large-scale irregularities.
Jet Airways has also been asked to provide details of the pilots who are "habitual" of reporting sick and disrupting the airline's schedule, an official said.
Jet, earlier, pulled out of Johannesburg, New York routes.
The move to increase sales comes ahead of Tata- Singapore Airlines' entry in the domestic market.
According to the revised plan, promoter Naresh Goyal, his wife Anita Goyal and the directors nominated by the promoter would be asked to step down from the board, and the lenders, as part of the resolution process, will infuse around Rs 1,200 crore into the airline as emergency funding.
Jet Airways chairman Naresh Goyal on Tuesday met civil aviation secretary Madhavan Nambiar on Tuesday against the backdrop of pilots of the private carrier refusing to report to work to protest against the sacking of two of their senior colleagues.
The carrier has deployed Airbus 330-200 aircraft on the route.
Jet Airways has terminated the services of 43 trainee junior technicians of the engineering department as part of its cost-cutting measures.
Manmohan Singh clarifies his office's involvement in the deal that's facing criticism from the opposition and the media.
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.
Faced with mounting costs and falling revenues, private airline Jet Airways has laid off 110 employees.Of these employees, 50 are contract employees who have 'superannuated,' and another 60 are probationary cabin-crew.
The launch saw plane seats displayed on a huge stage. Those seats 'are considered the world's most revolutionary and most luxurious airline seats -- designed exclusively for Jet Airways,' it was claimed.
The two parties have been in talks for a month and a half.
Jet Airways launched its flights to Muscat and Doha. The daily flight service will operate from Mumbai and Kerala.
Abu Dhabi has asked for an increase in seat capacity post Jet-Etihad deal. If Indian government agrees, more fliers will use Etihad than Air India. This will spell disaster for the country's national carrier.
India, UAE yet to conclude bilateral investment promotion and protection agreement.
The petition said that acts of the Centre and DGCA were highly prejudicial to employees of the company who have been waiting to get paid for the last five months and have been looking forward to the resolution in bid process.
Jet Airways would have four directors on the board; there would be seven independent directors as well.
He urged employees to bear with him in this difficult situation a little longer, till the airline emerges out of turbulence and fiscal challenges.
Less than 48 hours after Jet Airways announced the retrenchment of 1,900 employees, the airline has decided to reinstate all the employees. Jet Airways Chairman Naresh Goyal, in the late evening press conference on Thursday, requested all the sacked employees to come back to work from Friday.
A day after Sahara Airways operated its inaugural international flight, Jet Airways on Tuesday launched its Chennai-Colombo services.
The airline has two operating permits and offers both full service and no-frills service in the domestic market.
The National Company Law Appellate Tribunal (NCLAT) on Thursday directed the Kalrock-Jalan consortium, the winning bidder for bankrupt Jet Airways, to share portions of the resolution plan pertaining to claims of employees with the airline's workmen. The Association of Aggrieved Workmen of Jet Airways (India) Ltd had sought a copy of the approved resolution plan and the latest direction has come on a plea filed by the association. The development comes almost seven months after the Mumbai bench of the National Company Law Tribunal (NCLT) approved the Jalan-Kalrock consortium's resolution plan in June 2021.
Jet has already confirmed an order for 50 737-MAX planes together with up to 10 777-300ERS from Boeing.
A Jet Airways spokesperson confirmed the pay cuts but said that the move was only temporary and once the situation improved, it would do a revision. The salary cuts range from 5 to 25 per cent and include the top management. In addition, other perks like car facilities and car maintenance allowances have also been withdrawn from May onwards, the source said.
The Raj Thackeray-led Maharashtra Navnirman Sena (MNS) on Monday asked private carrier Jet Airways to make announcements in Marathi and also Marathi movies and newspapers mandatory in flights operating from Mumbai.
Airline stocks were seen soaring high on Wednesday fuelled by reports that merger plan of Jet Airways and Air Sahara was about to fall apart, even as market analysts said failure of the deal would benefit Jet.
Six months after entering into a strategic alliance, Jet Airways and Kingfisher Airlines will soon launch code-share flights on select routes.
Naresh Goyal-owned Jet Airways launched its first flight for Hong Kong from Chhatrapati Shivaji International Airport (CSIA) in Mumbai on Monday. Jet Airways is the first private carrier to have started a service to Hong Kong from India.
Airline to increase full-service flights as Kingfisher curtails operations.
At least 95 per cent of Jet Airways employees will have to give their consent to the Kalrock-Jalan consortium's proposal or lose benefits offered to them under the revival plan. Voting on the consortium's offer for employees and workmen began on Monday and will go on till August 4. The National Company Law Tribunal cleared the consortium proposal to revive the airline on June 22. While Jet Airways had admitted claims of around Rs 15,000 crore, the consortium has offered to settle claims of Rs 475 crore of financial and non financial creditors.
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