The loss making airline would be reducing the number of employees in the first half of 2010.
A Jet Airways flight from Mumbai to London, with more than 300 people, triggered a major scare when it lost contact with the Air Traffic Control after getting intercepted by German fighter jets. The flight then had to be escorted by German Air Force fighter planes before it landed.
The top-level exodus at Naresh Goyal-promoted Jet Airways continued on Friday, with chief financial officer and acting CEO Ravishankar Gopalakrishnan quitting.
As its promoters finalise a stake sale deal with Gulf carrier Etihad, labour unrest seems to be brewing in Jet Airways with its engineers wearing black bands to protest an alleged move to freeze salary hikes and the pilots deciding to meet on the same issue shortly.
Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel expenses.
Kardassis, who quit the airline in 2013, will advise Goyal and senior management on cost-saving and productivity improvement
Qatar Airways is keen to buy equity in IndiGo if the Indian carrier offers 49 per cent stake to it, a top official has said as he sought the opening up of the Indian aviation market for established airline companies.
Tiger operates Airbus A320s and was set up by SIA and Singapore's national investment firm, Temasek Holdings, in 2004.
"There was never a suggestion of Jet Airways having been warned of ever being barred from operating [in Canada] because of one or two illegal passengers on board our flights," said Chandrasekar Bala, general manager, Canada, Jet Airways. He was reacting to a recent front-page report in the Toronto Star.
In a path-breaking expansion bid, Jet Airways on Tuesday signed a deal with Airbus to buy ten A 330-200 and A 330-300 aircraft, with options to acquire ten more aircraft.
Leading carrier British Airways has posted a loss of 401 million pounds for the year ended March 31, 2009, reportedly its biggest loss in more than 20 years, primarily hit by reduced passenger numbers and high fuel prices.
The BJP also went on to label Kaul a "Pakistani sympathiser" and posted headings of a couple of her writings on X.
Jet Airways made a stand-alone profit of Rs 87.5 crore (Rs 875 million).
Though June-quarter performance was impressive, fuel price hikes and falling demand pose fresh challenges for the company.
Six of these aircraft are currently on lease to Etihad Airways, set to start returning to Jetair's fleet in June
A resurgent SpiceJet is spreading its wings and Vistara is set to challenge Jet on long-haul routes in the coming years.
Sources said Sahara filed a case in the Bombay High Court a few days ago on non-payment of dues. According to sources, Jet was to pay Rs 900 crore to Sahara upfront, while Rs 137.5 crore was to be paid in yearly instalments over four years. Jet defaulted on the yearly instalment, they said. The source added that Jet's payout to Sahara in case of a single year's default could be Rs 550 crore.
Along with Barbie miniatures, The World Of Barbie has an immersive experience exhibit where one can play and interact with a life-size Barbie Dreamhouse, Barbie Camper Van, Barbie Interstellar Airways shuttle, Barbie Music Studio and many more.
Pilots will strictly go by the roster and perform all "stabilised approach
There is no immediate benefit for shareholders from the Etihad deal.
Jet Airways had to shut down its no-frills subsidiary JetKonnect after the latter failed to perform.
The airline now has a total of 1,120 pilots of whom 88 are foreign pilots.
Jet Airways is keen to improve its market share
The pilots' flying privileges have been withdrawn for leaving the cockpit unattended and thereby jeopardising flight safety, a senior DGCA official said on Tuesday.
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.
Private carrier Jet Airways is re-working a comprehensive profitability plan sought by its foreign partner Etihad Airways, which completed a 24 per cent stake purchase in the Naresh Goyal-led carrier recently.
Increases seats in the premium segment, scraps loss-making domestic flights
At her witty best, the television actress-turned-politician also said that thanks to that rejection, she got a job at McDonald's and the "rest is history".
The company will retire part of the debt by way of sale and lease back of some its aircraft.
Jet Airways, the country's top private carrier, could start its much-awaited US operations from August as the process of getting clearances from American authorities is moving on track.
The assurance to pilots came after a meeting between the two sides at the airline's headquarters in Mumbai on Wednesday, airline sources told PTI on Tuesday evening.
Domestic carriers, including newly-launched AirAsia India and regional airline Costa too have lowered their fares through these offers
Jet settled higher by 2.35 per cent at Rs 623.40 on the Bombay Stock Exchange.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
Saroj Datta speaks about his leaving Jet Airways.
IndiGo continues to fly high as the top airline in India while crisis-hit SpiceJet has some good news.
Jet Airways CEO-designate Sanjiv Kapoor on Monday said the new management does not want to be "in a rush" to restart operations while asserting that the airline will be unique and different. The ownership transfer of the airline under the insolvency resolution plan is facing hurdles over differences between the winning bidder and lenders. "We don't want to be in a rush," Kapoor said.
The flight to Mumbai was flagged off by the Indian ambassador to Belgium and the European Union Dipak Chatterjee from the Brussels national airport on Monday morning.
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.
Jet Airways India, which recently acquired Sahara Airlines, may come out with a public offering in the domestic and/or international markets.
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