Six of these aircraft are currently on lease to Etihad Airways, set to start returning to Jetair's fleet in June
Though June-quarter performance was impressive, fuel price hikes and falling demand pose fresh challenges for the company.
Pilots will strictly go by the roster and perform all "stabilised approach
The pilots' flying privileges have been withdrawn for leaving the cockpit unattended and thereby jeopardising flight safety, a senior DGCA official said on Tuesday.
Jet Airways had to shut down its no-frills subsidiary JetKonnect after the latter failed to perform.
There is no immediate benefit for shareholders from the Etihad deal.
The airline now has a total of 1,120 pilots of whom 88 are foreign pilots.
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.
Jet Airways is keen to improve its market share
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".
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.
Increases seats in the premium segment, scraps loss-making domestic flights
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.
The company will retire part of the debt by way of sale and lease back of some its aircraft.
Domestic carriers, including newly-launched AirAsia India and regional airline Costa too have lowered their fares through these offers
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.
Jet settled higher by 2.35 per cent at Rs 623.40 on the Bombay Stock Exchange.
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.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
IndiGo continues to fly high as the top airline in India while crisis-hit SpiceJet has some good news.
Saroj Datta speaks about his leaving Jet Airways.
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.
Talk to any member of the cabin crew on any Indian airline and you will hear the worst horror stories. Almost always, the targets of abuse in the air are female staff members who are called 'servants' or worse, points out Vir Sanghvi.
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.
The card provides customers an opportunity to maximise returns even while shopping for groceries or spending at restaurants.
A day after Qantas sought to expand its presence in India by code-sharing with Jet Airways, the Singapore-based Jetstar Asia, a regional extension of Qantas, said it is also considering an alliance with the Indian carrier.
Jet Airways on Monday became the country's first airline to introduce Internet check-in facility for its passengers.
A Delhi-bound Jet Airways aircraft carrying 139 persons skidded off a runway just before its take off from the Bangladesh capital on Monday, but no one was hurt in the accident.
With bilateral air traffic talks slated in the first quarter of next year, Qatar Airways is looking at new destinations in India and increasing frequencies to the five cities it already operates from.
This is the third time that the carrier is trimming its workforce. In 2007, the carrier cut staff by1,200 after it took over Air Sahara. In August this year, JetLite offered over 700 employees a voluntary separation scheme. This is the first time that the axe is falling on Jet Airways employees directly.
The airline said it intends to run a full schedule at Gatwick on Monday and to operate a full long-haul schedule and a "high proportion" of its short-haul programme at Heathrow.
Airline posted a consolidated loss of Rs. 128 crore in the first quarter of 2011-12.
The airline has been defaulting on salaries for some time, making partial payments in some cases or not paying at all, as it continues to lose money mainly in domestic routes where it can't raise fares facing competition from low-cost airlines.
Jet Airways, India's largest airline in terms of marketshare, is looking at an equity dilution, said Founder and Chairman Naresh Goyal.
The Jet deal would be the first foreign investment into India's aviation market.
Today, Paramount is the market leader in the South with a 27 per cent share.
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