Together with Jet Airways we will have 61 flights to Amsterdam and Paris during the winter season. That also makes us the second largest airline group after Lufthansa, which has 67 weekly flights, and we are catching up to become the first, says KLM CEO Pieter Elbers.
The airline owes lakhs of rupees to passengers and its vendors.
The collapse of Jet Airways has everything to do with the falling number of wide-bodied aircraft.
Over 30 passengers have suffered ear and nose-bleed after the crew on Jet Airways flight 9W 697 reportedly forgot to select a switch that helps maintain cabin air pressure
Last year, Jet Airways and Air France-KLM signed an enhanced cooperation agreement' for the development of their operations between Europe and India
He was also the first to be booked under the stringent Anti-Hijacking Act which had replaced the vintage law of 1982.
Ministry caps number of flights out of Delhi, Mumbai.
The top executives who have put in their papers with immediate effect include Jet's chief executive officer (CEO) Vinay Dube, chief finance officer (CFO) and deputy CEO Amit Agarwal and company secretary Kuldeep Sharma.
Vistara Chief Executive Officer Phee Teik Yeoh is expected to meet the senior management of BA over the next few days to discuss the partnership.
Jason Unsworth is the founder and CEO of Atmosphere Intercontinental Airlines, which would establish a new premium airline group in four different countries.
The first tranche of $31 million was due on March 11, while the second instalment of $109 million was due on March 28.
Flights from Mumbai and Kerala will also have to transit through these routes due to restrictions
The hospitality sector has been hit very hard by the pandemic. In the past 18 months, it has lost business, first because of the harsh lockdowns and after that because of lack of demand due to the ensuing economic slowdown. Most hospitality businesses have sustained low revenues and losses since April 2020. Is this the classic case of a beaten-down cyclical sector that may be close to bottoming out?
There are no Jet flights to and from Kolkata, Patna, Guwahati and other airports in the region. It also cancelled flights to London, Amsterdam and Paris from Mumbai, New Delhi and Bengaluru scheduled for April 12.
Another reason working in Air India's favour now is the government's plan to clean up part of the airline's burgeoning debt from its books - a major deterrent for investors when it attempted divestment the previous time.
Over the past several months, the airline has struggled to pay vendors and staff salaries on time.
Veterans in the travel industry, a well-known corporate lawyer, and a marquee US-based hedge fund have backed the upcoming low-cost airline Akasa Air. Founded by former Jet Airways chief executive officer (CEO) Vinay Dube, the venture counts ace stock trader and investor Rakesh Jhunjhunwala as its biggest financial backer with an investment of around Rs 300 crore. A person with knowledge of the development said most of the people were well known to Jhunjhunwala and Dube, who approached them during the conception stage.
'Now we will have real employees as the owner of the airline.'
In terms of traded volume, 19.47 lakh shares were traded on the BSE, while over 1 crore shares were traded on the NSE.
Besides lining up Bali, Nairobi and Toronto flights, the airline is also planning flights from Mumbai to Hong Kong. The network expansion will help the national carrier grow its market share and capitalise on the capacity vaccum created by the collapse of Jet Airways.
The unions opposed any move to force banks to lend more money to the airline, saying Naresh Goyal is still the promoter and major shareholder with 51 per cent stake and it is his headache to run the company or sell it to someone.
The money is expected to be disbursed by the lenders consortium led by SBI after the Jet management submits an operational plan on how it intends to use the money till May 7.
After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.
Jet Airways remains the number one airline serving foreign routes.
The Danish DBU football association tweeted that the Eriksen was 'awake and at Rigshospitalet for further examinations'
Bigg Boss 15 is going to be one hell of a roller coaster ride.
In an emotionally-charged letter to the 22,000-strong employees, Goyal said the approval of the debt-recast plan will put the carrier on a "sounder and sustainable" financial footing.
The patient is currently admitted to the Lok Nayak Jai Prakash (LNJP) Hospital and has mild symptoms, hospital officials said.
The Tokyo Olympics had originally been scheduled for 2020 but were postponed by a year because of the pandemic.
Earlier, budget carrier SpiceJet said it would hire 500 from Jet, including 100 pilots. Air India Express has also inducted around 25 commanders from the grounded airline.
The company is actively engaged with all its aircraft lessors and regularly providing them with updates on the efforts taken to improve liquidity.
Airlines have to deal with high operating costs - fuel, taxation, airport charges - in a very competitive environment.
Salla was accused of creating a hijack scare by planting a threat note written in English and Urdu in the tissue paper box of the aircraft's toilet.
A Ghanaian professional footballer who plays for a Kerala-based club has been stuck for the last 54 days at Mumbai International Airport due to lockdown and unavailability of flights back home. Juan Muller, 23, has been stuck at the departure area of Mumbai's Chhatrapati Shivaji Maharaj International Airport. He spends his time at the airport's fancy artificial gardens and somehow buys food from stalls and passes his time with the airport staff.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Arthritis, cancer, blindness, erectile dysfunction... smoking can have adverse effects on your overall health, warns Dr Harish Chafle, senior consultant-pulmonology and critical care, Global Hospitals, Mumbai.
Why the recent strike could see the carrier go Air India's way.
Top gainers in the Sensex pack included Vedanta, Coal India, ICICI Bank, PowerGrid, HCL Tech and Bajaj Finance, rising up to 2.65 per cent.
While Jet founder Naresh Goyal said he was willing to infuse Rs 700 crore and also pledge all his shares in the company provided he can have at least 25 per cent stake, the airline's foreign partner Etihad Airways insists he must not keep more than a 22 per cent stake.
In a rare move, the DGCA has filed a police complaint against 34 pilots of Jet Airways, IndiGo, SpiceJet and GoAir.
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