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.
The passenger traffic carried by scheduled domestic airlines in the past five years has grown at an increasing rate annually -- from 5.4 per cent in 1999-2000 to 11.7 in 2003-04, according to official figures.
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.
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?
Nidhi Chaphekar, a Jet Airways crew member who was injured in the Brussels airport bombings, has been discharged from a hospital in Mumbai.
Jet and Etihad stand to benefit from cost savings and synergies in areas such as fleet acquisition, maintenance and training.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
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.
RPI-A chief Ramdas Athawale was on Tuesday allegedly not allowed to board a Jet Airways aircraft.
It would offer 15% discount to its premium economy class passengers bound for the US from India.
For debt-laden Jet Airways, bitter foe Tata may turn into timely saviour.
While the airline is accommodating passengers on available flights, this is resulting in extending travel time and detour for customers.
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.
Emirates and Etihad Airways have over the past year continued to lobby India to allow them more flight slots, which won't be possible until the 2007 pact is revised.
Hogan questioned the claims of the airlines campaigning against Etihad.
The Danish DBU football association tweeted that the Eriksen was 'awake and at Rigshospitalet for further examinations'
The Tokyo Olympics had originally been scheduled for 2020 but were postponed by a year because of the pandemic.
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.
The Jet Airways of old is no more and the industry mourns its demise. Anjuli Bhargava reports.
Nidhi, 42, who has not yet recovered from the injuries suffered in the terrorist attack, arrived around 7.30 am on Friday on a Paris-Mumbai Jet airways flight and was driven to Breach Candy hospital from the airport.
After the August 10 deadline, South American conglomerate Synergy Group Corp reportedly evinced interest in the airline, forcing the RP to seek lenders' nod to extend the deadline to August 31. The Synergy Group owns a majority in Colombian carrier Avianca Holdings, which has a codeshare partnership with the state-run Air India.
Even in ruin, Jet retained its one essential brand quality: Dignity, says brand guru Sandeep Goyal.
Naresh Goyal-owned group companies, including the airline's general sales agent in India and abroad, and a car rental firm, are among those who have filed claims.
Bigg Boss 15 is going to be one hell of a roller coaster ride.
"We have not received any official list of Indian nationals present in the crashed plane," Patel, who was in Surat to inaugurate Surat airport, said.
Speaking at the 2013 CAPA Australia Pacific Aviation Summit held in Sydney, Abu Dhabi-based Etihad Airline's President and CEO James Hogan said, "We are delighted to welcome Air Serbia to our equity alliance, and look forward to receiving final approvals from regulators in India of our investment in Jet Airways," he added.
Jet Airways expects to return to profit in the next 18 months, following implementation of a new route network and fleet strategy and cost optimisation measures.
An executive of a private airline said even though volume picked up, it will be difficult for airlines to make money as fares have remained low even during festive season.
Sensex heavyweight Reliance Industries fell 2.76 per cent. In percentage terms, major laggards were Yes Bank, Indusind Bank, RIL, ICICI Bank, HDFC and Axis Bank -- plunging as much as 6.62 per cent.
Currently, Vistara has more than 22 planes and operates around 850 flights every week.
The patient is currently admitted to the Lok Nayak Jai Prakash (LNJP) Hospital and has mild symptoms, hospital officials said.
ED has come across two immovable assets - one flat in Dubai and one land parcel in London. It is examining the valuation of both properties, estimated between Rs 150 crore and Rs 200 crore.
The interim funding has not been forthcoming thus far, and as a result Jet has extended cancellation of international operations until April 18.
He said that Government of Dominica and law enforcement agencies, unless the court rules otherwise, can deport him to India because he is an Indian citizen, Antigua News Room reported.
The travel agents have demanded refunds for customers
Debt-ridden national carrier Air India tops a brand reputation survey.
Here's all you need to know about sleep apnea, its types and symptoms.
Under the fare policy announced, domestic passengers opting for lowest fares will not be served complimentary meals
The Maharashtra government has banned the use of single disposable items made from plastic such as spoons, forks, cups, glasses. Plastic bags and wrap used for packaging or storing products too is covered under ban.
