Needless to say, Kingfisher is planning to deploy all foreign cabin crew on its US flights.
Jet Airways is in talks with Chinese carriers for code-sharing deals to other destinations after it became the first Indian private air carrier to operate a service to China by launching its Mumbai-Shanghai-San Francisco flight. The flight connecting the economic hubs of India and China was formally launched in Shanghai on Monday.
Jet Airways Chairman Naresh Goyal said this price represents a 40 per cent discount to the originally agreed price.
Prock-Schauer has resigned to join British Midland PLC. He will be replaced by senior vice president Nikos Kardassis.
More than 300 flights have been cancelled and at least 25 airports, including Srinagar, have been temporarily shut for operations amid restrictions in the wake of the armed forces launching missile attacks on terror targets in Pakistan on Wednesday morning.
Three senior executives - Pradeep Kumar (senior vice- president, cargo), Shrimanikandan Ananthvaidyanathan (chief information officer) and Praveen Iyer (vice-president, revenue management), have quit amid worsening financial situation
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.
'Now we will have real employees as the owner of the airline.'
Private domestic airline Jet Airways on Thursday said it would start issuing electronic tickets from the next year in a bid to cut administrative costs by 50 per cent.
The Foreign Investment Promotion Board (FIPB) on Friday deferred a decision on Rs 2,000-crore (Rs 20 billion) Jet-Etihad deal, the largest foreign investment in the Indian aviation sector, and sought clarity on control and ownership.
The unnamed 24-year-old suspect worked at Terminal 5 at Heathrow Airport and is said to have charged customers GBP 25,000 per trip to abuse a loophole and fly them across the British Airways network without crucial visa documents.
The Supreme Court will hear on October 26 a petition alleging that Jet Airways chairman Naresh Goyal has links with the underworld. An appeal filed by M Furquan, a Delhi-based journalist, has alleged that funds for Jet Airways was given by underworld don Dawood Ibrahim. He has also sought a CBI inquiry into the matter.
A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.
The standoff ended after talks between the two sides late on Saturday
Despite a bleak operating environment, Jet Airways and SpiceJet have flown into the black. The turnaround may have more to do with their embattled rivals than anything else.
Jet Airways on Tuesday said it would commence its daily direct service on the Chennai-Singapore sector from December 7, using next generation Boeing B737-800 aircraft.
Private domestic airline, Jet Airways said on Wednesday that it has tied up with travel industry service provider, Amadeus India to provide automated ticketing solutions to travel agents.\n\n\n\n
The Abu Dhabi carrier seeks assurances following setbacks for several Gulf investors in India.
Other airlines are expected to follow suit.
Over the past several months, the airline has struggled to pay vendors and staff salaries on time.
Over 150 domestic and overseas Jet Airways flights were cancelled after more than 400 pilots failed to report for work on the second day on Wednesday, leaving passengers stranded, even as the airline warned of stringent action if the cockpit crew did not call off the agitation.
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.
Jason Unsworth is the founder and CEO of Atmosphere Intercontinental Airlines, which would establish a new premium airline group in four different countries.
Contrary to speculation that it was seeking to revise downward the value of Air Sahara, Jet Airways' move to make part payment till the pendency of other issues demonstrated its strong desire to acquire the rival airline.
Jet Airways will begin flights from Toronto to Delhi in August on a route that Air Canada has discontinued from this month. Jet Airways (India) Ltd will begin five flights a week from Toronto through Brussels, destined for New Delhi from August 23.
The airline's chief financial officer Ravishankar Gopalakrishnan will be acting as the CEO.
Air-India (A-I) chairman and managing director Vasudevan Thulasidas and Jet Airways chairman Naresh Goyal have a common agenda: to get their airlines among Asia's top five by 2010 in terms of size and service.
Jet partners with Ferns N Petals to benefit JetPrivilege members.
The new initiative allows passengers to amend or cancel their booking without any penalty fee by simply using the "manage booking" facility
The airline has also finalised its plans to lease out five of its Boeing 777-300 ER aircraft to a Turkish carrier, sources add. The airline has been able to negotiate a premium for the deal in a market where lease premiums have dropped.Domestic carriers are facing turbulent times because of the high crude prices and variable taxation on the air turbine fuel. The problem is now compounded because of a slump in the economy now.
Sheikh Hamed bin Zayed al-Nahayan, speaking on the sidelines of a defence exhibition in the UAE capital, said officials would meet Indian Trade Minister Anand Sharma to discuss the deal.
Another reason working in Air India's favour now is the government's plan to clean up part of the airline's burgeoning debt from its books - a major deterrent for investors when it attempted divestment the previous time.
Ahead of a crucial meeting next week, the Foreign Investment Promotion Board is scrutinising the commercial cooperation agreement between Jet Airways and Etihad Airways to ensure control is not passed on to the Abu Dhabi-based airline.
Analysts were expecting a profit of Rs 27.85 crore.
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.
After 18 months of closure, what really could be salvaged? And the answer sadly is, precious little, Patience, perseverance and plenty of moolah is the way forward even assuming intent is in place, says Anjuli Bhargava.
Leading private airline Jet Airways tops the list of defaulters among private carriers and owes Rs 2,437.90 lakh (Rs 24.38 million) to the government, the Lok Sabha was informed on Thursday.
Etihad said it would not participate in the rights issue or infuse fresh funds under the current terms and conditions of the resolution plan
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances