The Bombay High Court on Monday restrained the pilots' union of Jet Airways from any strike.
Naresh Goyal-led Jet has also changed the shareholders agreement and amended the investment agreement and the articles of association, as suggested by the Foreign Investment Promotion Board, headed by DEA Secretary Arvind Mayaram, official sources said.
For debt-laden Jet Airways, bitter foe Tata may turn into timely saviour.
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 company is actively engaged with all its aircraft lessors and regularly providing them with updates on the efforts taken to improve liquidity.
Wadia Group-owned Go First Airways' (Go First) insolvency plea could trigger a 'momentum rally' in shares of rival airlines, Interglobe Aviation (parent company of IndiGo) and SpiceJet, as they look to gain bankrupt airline's market share, said analysts. On the bourses, shares of InterGlobe Aviation hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE in Wednesday's intra-day trade, before settling 4.5 per cent higher at Rs 2,164 apiece. Those of SpiceJet and Jet Airways, meanwhile, rallied up to 6 per cent in the intra-day trade, and ended 1 per cent and 5 per cent higher, respectively, following the development, which was announced post market hours on Tuesday.
Full service product with complementary meal service would be provided on all domestic flights from December 1, with the buy-on-board concept being discontinued, an airline statement said.
Jet Airways' loss widened for FY15 on higher cost.
Nikos Kardassis will become the next chief executive officer of Jet Airways, taking over the reins from Wolfgang Prock-Schauer who will step down on October 15, 2009.
Passengers were left stranded at the Sardar Vallabhai Airpot on Tuesday as two Mumbai-bound flights of Jet Airways were cancelled from Ahmedabad after the airline pilots went on mass casual leave.
The Etihad delegation was led by its CEO James Hogan at the meeting, which was also attended by Jet Airways promoter Naresh Goyal.
Around 650 pilots of the private air carrier Jet Airways will go on an indefinite strike on midnight of September 7 to protest sacking of two of their colleagues.
Continuing its focus on low cost model of operations, private carrier Jet Airways will shift 45 flights to its no-frill service brand Jet Airways Konnect by October.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
The airline has two operating permits and offers both full service and no-frills service in the domestic market.
would also take on board its strategic investment partner Etihad
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.
Auditors of Jet Airways, SpiceJet say the "appropriateness of the going concern basis" depends on their ability to meet obligations.
Airlines have to deal with high operating costs - fuel, taxation, airport charges - in a very competitive environment.
However, passenger traffic between the two sectors would be served via Jet Airways' London Gateway in co-operation with partner airlines, Jet Airways said. Jet Airways has already announced a code share partnership with United Airlines with convenient connections between Mumbai and several US points via London in both directions, the company said.
Jet Airways on Thursday announced a convenient payment option for its customers, which allows them to book tickets online on the domestic carrier's portal and pay by cash later, a move aimed at enhancing the airline's distribution network.
Aviation consultancy CAPA on Thursday said allowing domestic airlines to take advance bookings from April 15 is "unfair" to consumers since a decision on lifting the nationwide lockdown is yet to be taken. During the lockdown period only special flights approved by aviation regulator Directorate General of Civil Aviation, medical evacuation flights and those carrying cargo, including medical equipment, to and from different parts of the country are operational.
Sale of wide-body aircraft will not affect internatinal flights, says Jet
Two international flights were called back while one which was preparing for departure from the Indira Gandhi International Airport in New Delhi was taken to an isolation bay due to a bomb scare early Saturday, sources said.
Much before its sack order to 1,900 employees turned into a publicity nightmare, Jet Airways had handed marching orders to 1,000 workers and even managed to keep it under wraps.
A continuation of the highest standard by the FAA will be a relief for Indian airlines especially the Tata group which intends to increase Air India flights on India-US routes. US aviation watchdog Federal Aviation Administration (FAA) has completed the audit of India's aviation regulator DGCA. Sources said that the FAA team was satisfied with the work and changes in regulations by India and is likely to maintain a Category 1 status rating under its International Aviation Safety Assessment (IASA) programme.
Jet Airways on Monday announced India's first interline e-ticketing agreement with KLM Royal Dutch Airlines, Northwest Airlines and British Airways.
Manmohan Singh clarifies his office's involvement in the deal that's facing criticism from the opposition and the media.
While the airline is accommodating passengers on available flights, this is resulting in extending travel time and detour for customers.
Lok Sabha Speaker Somnath Chatterjee and other passengers onboard a Jet Airways flight had a narrow escape on Sunday when their plane had to abort landing and take a 'go-around' after the pilot spotted another aircraft on the runway.The Southern China Airlines was on the ground and was taxiing for take off on runway 29. The aircraft came onto the runway due to some apparent communication gap.
Jet Airways would have four directors on the board; there would be seven independent directors as well.
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.
There could be a fare war in the Indian skies to beat competition from Vistara.
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.
"With the regulatory approval process now finalised for the new route, we are very pleased to enter this new stage of Jet Airways' North American expansion," Jet Airways founder and chairman Naresh Goyal said.
The launch saw plane seats displayed on a huge stage. Those seats 'are considered the world's most revolutionary and most luxurious airline seats -- designed exclusively for Jet Airways,' it was claimed.
