Jet Airways

Jet Airways To Sell Netherlands Business To Dutch Airline

Business | Reuters | Friday January 17, 2020

Jet Airways did not detail the assets held in Netherlands. Once India's biggest private carrier, Jet stopped flying in April last year after running out of cash, leaving thousands without jobs and pushing up air fares across the country

More Airlines To Shut Operations If Predatory Fare Pricing Continues: Aviation Minister

Business | Press Trust of India | Wednesday January 1, 2020

IndiGo and SpiceJet, two of the country's biggest airlines, reported losses of Rs 1,062 crore and Rs 463 crore respectively in the second quarter of 2019-20.

Billionaire Hinduja Brothers Preparing Bid For Jet Airways: Report

Business | Bijou George and Baiju Kalesh, Bloomberg | Monday December 30, 2019

Creditors are seeking fresh bids for Jet Airways after earlier getting interest from only a single company, Synergy Group Corp.

Disinvestment Of Air India Should Improve Competition: Airlines Body

Business | Press Trust of India | Thursday December 12, 2019

IATA said that the Jet Airways' bankruptcy - which happened in April this year - does raise questions on the sustainability of the Indian aviation sector.

Providing Jobs To Ex-Jet Airways Employees Not In Our Domain: Centre

India News | Press Trust of India | Wednesday November 27, 2019

The government on Wednesday said providing jobs to former employees of now-defunct Jet Airways is not in its domain.

Lufthansa Plans To Bolster Ties With Indian Airlines After Jet's Demise

Business | Press Trust of India | Sunday November 24, 2019

Currently, the Lufthansa airline group has an interline agreement with Vistara, which allows a passenger to check-in his luggage at the first airport itself.

Boeing Says India Will Order 2,380 Jets From Planemakers Over 20 Years

Business | Reuters | Wednesday November 6, 2019

India's passenger traffic growth has stumbled this year following the collapse of Jet Airways in April and softer economic conditions.

Jet Airways First Indian Company To Face Cross-Border Insolvency: Report

Business | Indo-Asian News Service | Thursday October 17, 2019

Jet Airways, on April 17, announced the temporary suspension of all flight services as it failed to secure interim funding to maintain even the bare minimum operations.

Man With 90 Lakhs Deposit In Crisis-Hit PMC Bank Dies Hours After Protest

India News | Reported by Purva Chitnis, Edited by Shylaja Varma | Tuesday October 15, 2019

PMC Bank Crisis: An account holder at the Punjab Maharashtra Co-operative (PMC) Bank, who had deposits of over Rs 90 lakh with the troubled bank, died in Mumbai on Monday. He died of a heart attack hours after attending a protest by distressed customers of the bank outside a Mumbai court.

SpiceJet Could Take More Of Jet Airways' 737 Max Planes: Ajay Singh

Business | Thomson Reuters | Friday October 4, 2019

In August SpiceJet reported its biggest-ever quarterly profit, and its market value has soared to $1.2 billion.

SpiceJet Could Take More Of Jet Airways' 737 MAX Planes, Says Chairman

India News | Reuters | Friday October 4, 2019

Low-cost carrier SpiceJet Ltd may consider taking some of the Boeing 737 MAX planes that were due to be delivered to now bankrupt Jet Airways but are still sitting in Seattle, its chairman said on Friday.

Aviation Watchdog Wants Boeing 737 Pilots To Undergo Simulator Training

India News | Press Trust of India | Friday September 13, 2019

Aviation regulator DGCA has asked the airlines and Boeing to ensure that pilots who are qualified to fly 737 Max planes in India are given simulator training in order to ensure passenger safety once the aircraft is back in operation, said a senior official.

Jet Airways Founder Naresh Goyal Questioned In Alleged Foreign Funding Violation Case

India News | Reported by Arvind Gunasekar, Edited by Chandrashekar Srinivasan | Friday September 6, 2019

Naresh Goyal, founder of the now-grounded Jet Airways, was today questioned by the Enforcement Directorate in connection with alleged foreign direct investment violations when Etihad Airways acquired stakes in Jet Privilege PrivateLimited in 2014

Jet Airways' Creditors To Recover $300-$400 Million In Case Of Liquidation: Report

Business | Thomson Reuters | Wednesday September 4, 2019

Jet Airways stopped flying in April after running out of cash, leaving thousands without jobs and pushing up air fares across the country.

Jet Airways Founder Naresh Goyal's Properties In Delhi, Mumbai Searched

India News | Reported by Arvind Gunasekar, Edited by Shylaja Varma | Friday August 23, 2019

Properties of Naresh Goyal, founder of the now-grounded Jet Airways, are being searched by officials of the Enforcement Directorate in connection with a case of alleged contravention of the foreign exchange law, officials said.