"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.
Jet Airways made a stand-alone profit of Rs 87.5 crore (Rs 875 million).
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.
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
Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal, including restraining lessors from taking back aircraft and regulator DGCA from taking any adverse action against the airline. The Wadia group-owned airline, which has liabilities worth Rs 11,463 crore, has sought voluntary insolvency resolution proceedings and the plea is set to be heard by the Delhi bench of the NCLT on Thursday. Go First has cancelled all its flights for three days starting from May 3.
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.
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.
The airline now has a total of 1,120 pilots of whom 88 are foreign pilots.
The pilots' flying privileges have been withdrawn for leaving the cockpit unattended and thereby jeopardising flight safety, a senior DGCA official said on Tuesday.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 is keen to improve its market share
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.
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".
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
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 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.
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.
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.
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.
Airline posted a consolidated loss of Rs. 128 crore in the first quarter of 2011-12.
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.
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