Ninety years later, BA counts the country as its second-biggest overseas market after the US.
Jet Airways' management may not able to implement the pay cut it wanted in lieu of retaining 800 retrenched employees. That's because the Shiv Sena has now got into the act after the breakaway Maharashtra Navnirman Sena's prominent supporting role to retrenched employees.
Kuwait Airways said on Thursday that it would suspend nine flights from India and reschedule existing flights to cope with a drastic fall in passenger traffic following the war in Iraq.
Former Director General and CEO of IATA, Giovanni Bisignani, says Jet Airways chief Naresh Goyal developed his airline's business class mock-ups in utter secrecy inside the garage of his London home.
Central Bank of India classified its loans to Go First as non-performing assets (NPAs) in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). The no-frills carrier has been under insolvency proceedings since May 2023 and ceased operating flights on May 3 this year. The public sector lender's exposure, including government-guaranteed emergency credit to the ailing airline, amounts to about Rs 2,000 crore.
Jet Airways is looking to lease around 20 Airbus A320 aircraft from lessors by 2024 as it aims to restart operations and fly international routes in the next one-and-a-half years. Jet's A320 aircraft fleet, according to sources, will be a mix of the Ceo and the more fuel-efficient Neo variants. These planes were originally intended for Russian airlines but could not be delivered following western sanctions on Russia over its Ukraine invasion.
Shares of Jet Airways on Friday tanked nearly 6 per cent, eroding Rs 282 crore from its market capitalisation amid investor concerns whether its stake-sale deal with the Abu-Dhabi based carrier Etihad would materialise.
With its current cover set to expire on April 16, Jet Airways is seeking a cover of around $5.5 billion from the government-owned Oriental Insurance.
Kuwait Airways and Indian Airlines have been ordered by a Delhi consumer court to pay Rs 10,000 each to passengers in separate cases for denying seats to them despite their having confirmed tickets.
The sudden massive cancellations of Jet have put travel agents and customers in jeopardy
A hijack threat call delayed the departure of a Jet Airways flight from here to Bangalore on Monday afternoon.
Jet Airways returns to profit after seven straight quarterly losses
The liquidity crunch in global markets following the crisis in the US sub-prime mortgage business has prompted Jet Airways to postpone its $ 400 million rights issue to finance the airline's aircraft acquisition by two or three months.
Jet Airways on Tuesday said it will buy 10 aircraft from US-based aerospace major Boeing to expand its international operations.
The total income of the airline also rose to Rs 2,877.17 crore.
Current FDI norms allow a foreign airline to hold up to 49 per cent in a domestic carrier.
During the January-July period, passenger growth jumped 21.13 per cent to 455.78 lakh.
Has also sought permission to share with Virgin Atlantic for new routes in Britain.
The National Company Law Tribunal (NCLT) on Friday approved the transfer of ownership of bankrupt-Jet Airways to the Jalan Kalrock consortium and gave the winning bidder more time to pay the dues to the creditors. The latest rulings have come on two petitions filed by the consortium. One plea pertained to approval of transfer of ownership and the second one related to extension of time for the payment of dues to the creditors. Earlier, the tribunal had given time till November 16, 2022 for the consortium to make the payments to the creditors of the airline.
Jet Airways, IndiGo have gained market shares as SpiceJet cancels flights.
The launch is timed around the festive and holiday season in India and Indian travelers will have convenient flight options from five cities in India to Las Vegas, a press release said. Indian travellers will not only have convenient flight options from five cities but also 45 flights per week to Las Vegas.
UAE carrier Qatar Airways on Friday launched the first of its daily flights between Doha and Delhi and announced it would introduce 11 more to India in the next few weeks, taking the total number of its services to 30.
At the NSE, the stock zoomed up by 8 per cent to Rs 444.
Passengers can book the combined plane-train journey as a single ticket.
Cheering the move, shares of Jet opened the day on a bullish note and further jumped 7.26 per cent to Rs 414.70 on the Bombay Stock Exchange.
After four-odd years of focusing on reducing debt, the series of deals with Etihad could finally get it out of the spiral.
Jet Airways India Ltd on Wednesday reported a net profit of Rs 95.34 crore (Rs 953.4 million) for the quarter ended June 30,2005 as compared to Rs 51.96 crore (Rs 519.6 million) for the corresponding quarter in 2004-05. \n
Along with persistent cough that may last for several weeks, tuberculosis patients also complain of frequent bouts of fever, chills and sweating at night, says Dr Rahul Kendre.
Rejecting allegations of stashing away unaccounted money in Swiss accounts, Jet Airways on Friday said there is no account in the name of its Chairman Naresh Goyal in HSBC Bank, Geneva, though he is entitled to have bank accounts outside India as he is a Non-Resident Indian.
Jet Airways in which Abu Dhabi's Etihad is buying a stake, reported its worst quarterly loss on record as carriers in Asia's third-biggest economy battle high fuel costs and taxes.
Aircraft reconfiguration and Kingfisher's slide help the airline consolidate its top spot, but widening losses and IndiGo's rapid rise are big concerns.
Jet Airways, the nation's largest private airline, saw its unpaid jet fuel bills rise by over 65 per cent to Rs 849 crore (Rs 8.49 billion) in the first six months of the 2011-12 financial year, while the dues of Kingfisher Airlines grew by less than 4 per cent during the same period.
British Airways and Air France said on Thursday they will mothball their fuel-guzzling Concorde fleets at the end of October, ending 27 years of supersonic commercial air travel.\n\n\n\n
The company solf the frequent flyer business.
Paramount Airlines had started its operations in 2005 and was flying to southern and eastern parts of India before it wound up 2010.
Air India launched a short term 'SpringSale' of up to 50 per cent on all domestic sectors of its network, which is up for sale till Friday and valid for travel between February 21 and April 15.
For the first time in 13 years, since Jet Airways' A330 planes exited the airline's fleet in around 2010, an Indian wide-body aircraft will have a Rolls-Royce-powered engine, with Air India ordering 40 Airbus A350 planes. On Tuesday, Air India announced its mega aircraft order for 470 aircraft, including A350 planes. The A350 aircraft, which will come in two variants, are powered solely by Rolls-Royce Trent XWB engines and the local team has begun work to assist Air India with its aircraft-induction plans.
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