A combined 7.82 million shares representing 36% of free float equity of the private airliner have changed hands on BSE and NSE till 1500 hours.
"We are considering operating to Paris, Amsterdam, Rome, some places in Germany and other parts of continental Europe. Shanghai and Beijing are also being looked at. We have applied to the Civil Aviation Ministry for traffic rights (to these destinations). We are hopeful of getting approvals soon", Jet Chairman Naresh Goyal said.
Jet Airways chairman Naresh Goyal said his airlines, if given permission, would start off by flying to Southeast Asian countries.
Ace Aviation, which has been fighting Jet Airways for the acquisition of three Boeing B777 aircraft, said that it has acquired another aircraft for the conversion slot in early February 2025.
Jet Airways has announced the induction of the state-of-the-art Airbus A330-200 aircraft into its fleet. \n
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".
While Jet Airways continues to fly high with a dominating presence among airlines in India, it also leads in the number of passenger complaints.
The top-level exodus at Naresh Goyal-promoted Jet Airways continued on Friday, with chief financial officer and acting CEO Ravishankar Gopalakrishnan quitting.
The agitation, which saw almost 400 pilots affiliated to NAG going on sick leave protesting dismissal of their colleagues and saw cancellation of 280 flights on Saturday, is expected to end soon with the pilots poised to resuming duty almost immediately.
Jet Airways on Thursday blamed a steep fall in the rupee, slowdown in the domestic aviation market and rise in fuel costs for a sharp widening in standalone net loss at Rs 891 crore in the July-September quarter.
Six of these aircraft are currently on lease to Etihad Airways, set to start returning to Jetair's fleet in June
Kardassis, who quit the airline in 2013, will advise Goyal and senior management on cost-saving and productivity improvement
A day after budget carrier SpiceJet announced fares starting at Rs 499 across its domestic network, Jet Airways too jumped on the bandwagon rolling out Rs 500 fares for the economy class on its domestic flights for a limited period.
Jet Airways, India's largest private airline, reported net losses of Rs 406.69 crore for the second quarter ended September 20, down nearly 6 percent from the same quarter last year.
The pilots' flying privileges have been withdrawn for leaving the cockpit unattended and thereby jeopardising flight safety, a senior DGCA official said on Tuesday.
Revenues declined to Rs 3,921.92 crore.
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.
It will continue to operate to Newark International Airport.
The Gulf carrier could pay up to $330 million for a 24 percent stake.
In a late surge on Thursday, Jet Airways shares soared 9.7 per cent to close at Rs 408.5 on the Bombay Stock Exchange on speculation the airline's promoters had initiated talks to sell stake in the company.
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.
Surinder Pratap, whose Twitter handle carried the tweet, was neither detained nor arrested by Jaipur police since it said no case was registered against him in the city.
Jet Airways, the largest domestic airline, will merge its no-frills brands JetLite and Jet Konnect and operate under the brand name of the latter.
CCI's ruling came on a complaint filed by Express Industry Council of India.
To introduce 'Guest First' programme to attract corporate customers; its market share and load factor lower than rivals
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.
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
The total income of the airline also rose to Rs 2,877.17 crore.
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.
South America-based Synergy Group, one of the suitors, has said slots at London's Heathrow airport are critical to the airline's operations and will decide on participating in the resolution only if it gets clarity. It also wants to form a new company with its assets, employees, and operating permit but minus all liabilities.
For Jet's revival, Mr Jalan should be on the scene long enough for everyone to get to know him, appreciate his skills, and not vanish into thin air within a matter of months or even weeks, observes Anjuli Bhargava.
Jet is losing money fast, beset by high costs, low fares and cut-throat competition in its domestic market.
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.
A hijack threat call delayed the departure of a Jet Airways flight from here to Bangalore on Monday afternoon.
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.
Jet settled higher by 2.35 per cent at Rs 623.40 on the Bombay Stock Exchange.
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