As part of cost reduction efforts, the full service carrier has asked its employees, including pilots, to take steep pay cuts
The earlier aircraft did not have a first class
Total revenue dropped to Rs 5,406 crore in the first quarter of the current financial year from Rs 5,508 crore in the same period a year ago
The agency filed its affidavit in response to Goyal's habeas corpus (produce the person) petition in which he claimed he was illegally arrested by the ED in the case.
Jet Airways is venturing into the loyalty management business.
Extending support to agitating Jet Airways pilots, eight major trade unions have asked the airline management to take back the two pilots it had sacked and recognise the National Aviators Guild, which is spearheading the stir.
A Jet Airways Mumbai-Doha flight had a bomb scare on Monday night just a few minutes before the airplane's departure, officials said.
In a first code sharing agreement between Indian and Japanese airlines, Jet Airways has partnered Tokyo-based ANA to commence operations on the Mumbai-Tokyo route from next month.Jet Airways, which currently operates a fleet of 81 aircraft, and ANA, which carries 50 million passengers a year, "will commence a code sharing and network-wide reciprocal frequent flier partnership effective May 21, 2008, subject to regulatory approval", an official release said.
According to media reports, Jet Airways had announced a staggering 50-per cent cut in its basic fares across all domestic routes following a dip in the passenger load factor and fuel prices. The cut in basic fares would be applicable to all domestic routes undertaken by Jet and its low-cost arm, JetLite, the reports added.
Silk Air with a score of 54.1 was adjudged the best airline in this category. Air Iceland (51.3), SriLankan Airlines (47.2), and Dragon Air (45.5) were adjudged to be the third, fourth and fifth best carriers in the category.
No deal has been signed between Air Sahara and Jet Airways, but discussions are on for a strategic alliance between the two private carriers.
Jet Airways has convened a board meeting on Friday, May 23, which is expected to consider the future of executive director Saroj K Datta, who, sources said, may exit the airline after May 31. Chairman Naresh Goyal, who was in Mumbai last week, reportedly discussed the issue with Datta, a veteran of over 46 years in the airline industry.
IndiGo declined to comment on the matter
UK-based British Airways has been slapped a service tax notice by the Revenue Department asking it to pay the balance of Rs 143.5 crore (Rs 1.44 billion) liability on sale of tickets in India between May 2006 and November 2007.
American Airlines announced the plan to combine with US Airways last month, a deal that also requires regulatory approval.
Singapore's budget airline Tiger Airways announced on Tuesday that it had bagged approval to fly between Singapore and six Indian cities. Consequently the airlines will soon start flights to Chennai, Cochin, Goa, Trivandrum, Kolkata and Kozikhode.
GoAir reluctant to respond to overtures.
Akbar-Al-Baker, Chief Executive Officer told the PTI on Wednesday that Qatar Airways has exhausted all the traffic routes allotted by the Government of India.
The airline will utilise new Airbus A320s, scheduled for delivery this year, to accommodate much of the increased frequencies.
The civil aviation ministry has increased the seat capacity between India and Abu Dhabi from 13,000 seats/week to over 50,000 seats/week
The airline in a statement attributed the decision to slash salaries to developments in the market, including the Gulf region.
Anita would be additional director in a non-executive and non-independent role.
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.
India said it is in touch with its High Commission in Nairobi following the crash.
'Just look at China: They have five or six major airlines and some smaller ones.'
The boards of AMR Corp and US Airways Group Inc each met on Wednesday to approve a merger that would create the world's largest airline with an expected market value of around $11 billion, people familiar with the matter said.
Will Jet Airways benefit by shutting its low-cost carrier in a highly price-conscious market?
Despite adding no new aircraft, Jet Airways saw more departures during the year, it flew more people, and achieved a higher load
The Gulf carrier could pay up to $330 million for a 24 percent stake.
A Mangaluru-bound Jet Airways flight with 65 passengers and four crew members on board on Wednesday returned to the Bengaluru airport shortly after departure as smoke was detected in the cabin.
The change will affect economy and premium economy travellers.
According to industry statistics, about 1,60,000 students from India go abroad for higher education every year.
All the airline's guests will travel on Thursday to Amsterdam in 15 buses and will be accommodated there in hotels.
Vistara and AirAsia India have been lobbying for the relaxation of this rule.
Jet Airways has placed a $300 million order with US aeroengine major GE for supplying engines to power the Mumbai-based airline's Airbus A 330-200 fleet.
The loss making airline would be reducing the number of employees in the first half of 2010.
The Enforcement Directorate on Wednesday said it has attached in London, Dubai and India assets worth Rs 538 crore of Jet Airways founder Naresh Goyal, his family members and companies as part of a money laundering investigation linked to an alleged bank loan fraud. The attached properties include 17 residential flats, bungalows and commercial premises. Located in London, Dubai and various cities in India, these properties are in the name of various companies like Jetair Private Limited and Jet Enterprises Private Limited, Goyal, his wife Anita, and son Nivaan, the central agency said in a statement.
The airline was forced to ground its fleet in December after running out of cash.
