The passenger numbers have grown at a little over 20 per cent in the past few months.
It has aircraft utilisation target of 16 hours as against the current 13 hours.
It and Vistara both book slots here; former also likely to launch Mumbai flights from early 2015.
The civil aviation ministry received 20 applications and it granted NOCs to sixteen companies between 2009 till now
However, Federation of Indian Airlines will continue to function and its other members are not pulling the plug yet, industry sources said.
Jet already has $300 mn of ECB.
The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.
Frequent flight cancellations and the Airports Authority of India's decision to put SpiceJet on a cash-and-carry mode have made online travel agencies nervous.
The $100 billion Tata group conglomerate is a major beneficiary of the decision to open up aviation in India.
Sources in the know confirmed Vistara, the joint venture between Tata Sons and Singapore Airlines, had booked six slots at the airport in New Delhi, adding it was ready to fly once it secured the government's nod.
This is three and a half times the loss in the same quarter a year ago.
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
Vistara'a launch, the steel plant at Kalinganagar and e-commerce venture are the ones most awaited for
Falling jet fuel prices, stable rupee signal lower losses
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
Airbus is now confident of crossing 1,000 net orders (excluding cancellations or conversions from previous orders) in 2014.
Though the Mumbai and Delhi airports still rule the domestic aviation market, the share of the two in overall traffic is falling. In 2006-07, the two airports collectively handled 40.6 per cent of all domestic passengers; in 2012-13, their share fell to 37 per cent.
ATF for domestic carriers has become 11.22 per cent cheaper since October and is expected to see more price cuts in the next three months.
The apex court asked the government to get back by March 9 about the policy.
But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.
For international travel, frequent flyers look at network and Air India's global network is weak.
IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month last year.
Etihad to have 2 directors even if it dilutes stake to 15%
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
With a debt of several thousand crore rupees, there's no chance the government can attract any buyer unless it cleans up the balance sheet, says Anjuli Bhargava.
The Jet Airways of old is no more and the industry mourns its demise. Anjuli Bhargava reports.
The response to the sale has been overwhelming.
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.
Vistara was launched on January 9.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
Vistara has poor load factors currently, it needs to bring down fares a bit to improve flight occupancy.
Non-metro routes get 73 per cent of its flyers -- a factor that has earned it double-digit share with only 19 planes.
An airport in Noida could lead to higher user fees and diversion of traffic from Delhi, which has huge unused capacity.
Vistara has fine-tuned strategies to tap the elite class and Jet Airways may lose out on market share in times to come.