The sales and ground handling agents of Air Sahara are up in arms against the management of Jet Airways
The Supreme Court will hear on October 26 a petition alleging that Jet Airways chairman Naresh Goyal has links with the underworld. An appeal filed by M Furquan, a Delhi-based journalist, has alleged that funds for Jet Airways was given by underworld don Dawood Ibrahim. He has also sought a CBI inquiry into the matter.
Needless to say, Kingfisher is planning to deploy all foreign cabin crew on its US flights.
Most Indian businessmen I speak to place a huge premium on the ability to move now and block the space. It's happening in aviation, the media, commodities and finance, to list a few sectors.
Jet to raise $400m and add 20 new aircraft for expansion.
India's private airliner Jet Airways will begin its five-day a week flight to Toronto from Delhi, via Brussels, from September 5, a company release said.
Bids to be evaluated according to guidelines by the civil aviation ministry, following which a buyer will be selected. Transfer of control to the buyer to be effected by June-end.
What educational qualifications do you require to become a cabin crew member with an airline? What kind of salary will you earn? Read on to learn the answers to these questions.
This year the Pitru Paksha fortnight runs from September 9-24 and will end with the start of Navratri.
Jet Airways will begin flights from Toronto to Delhi in August on a route that Air Canada has discontinued from this month. Jet Airways (India) Ltd will begin five flights a week from Toronto through Brussels, destined for New Delhi from August 23.
Air-India (A-I) chairman and managing director Vasudevan Thulasidas and Jet Airways chairman Naresh Goyal have a common agenda: to get their airlines among Asia's top five by 2010 in terms of size and service.
Taking a step forward in its $500 million deal to snap up Air Sahara, Jet Airways on Thursday announced it had reached an understanding with the other airline to provide consultancy support to improve its performance in various fields.
Jet Airways Chairman Naresh Goyal said this price represents a 40 per cent discount to the originally agreed price.
The long-standing dispute over Jet Airways buying out Air Sahara appears to be heading for a solution with the arbitration panel set to give its final order on Wednesday.
After snapping up Air Sahara in a $500-million deal, Jet Airways is likely to operate it as a wholly-owned subsidiary till regulatory and other clearances are granted to the acquisition process.
The government on Tuesday told the Rajya Sabha that it has not received any formal proposal for merger of Sahara Airlines with Jet Airways, leading to protests by Left members who asked the minister to clarify on the matter.
The Bombay High Court on Monday adjourned for next Thursday, hearing on an arbitration petition filed by private carrier Jet Airways in connection with the collapsed deal to takeover rival Air Sahara.
The Director General (investigations and registrations) will issue a notice to Jet Airways shortly
56-year-old Goyal was presented the award for his outstanding performance in making Jet Airways one of the world's best and fastest growing airlines.
Jet Airways launched direct flights from Delhi and Kolkata to Bangkok.
Jet Airways on Tuesday said it would file a petition before the Supreme Court seeking transfer of all cases, relating to its failed takeover deal of Air Sahara, pending before the Bombay High Court and the Lucknow district court.
Airline stocks were seen soaring high on Wednesday fuelled by reports that merger plan of Jet Airways and Air Sahara was about to fall apart, even as market analysts said failure of the deal would benefit Jet.
Amidst speculation that liquor baron Vijay Mallya will take 100 per cent stake in Air Sahara, Kingfisher Airlines has kick started an advertising campaign to catch privileged passengers of its rival airline.
The Foreign Investment Promotion Board (FIPB) on Friday deferred a decision on Rs 2,000-crore (Rs 20 billion) Jet-Etihad deal, the largest foreign investment in the Indian aviation sector, and sought clarity on control and ownership.
'There will be no flying unless the company pays us substantial salaries and provides a road map,' the National Aviators Guild, the pilots union, said in a message to its members.
The change in ownership is necessary to conform to the government's foreign direct investment norms in aviation.
Amid speculation that there was a price re-negotiation for Jet Airways taking over Air Sahara, officials of the two airlines on Thurs
Naresh Goyal only gave an undertaking not to sell any of his 51% stake in return for raising working capital debt from PNB.
Want to take a domestic flight? Check out the amazing schemes from India's airlines.
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