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No More Jet Airways. Supreme Court Says "No Choice", Orders Liquidation
Jet Airways' grounded assets will be liquidated, the Supreme Court said, invoking 'extraordinary' powers under Article 142 to set aside a National Company Law Appellate Tribunal decision upholding resolution and approving transfer of ownership.
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"No Hope, Better To Die In Jail": Jet Airways Founder Breaks Down In Court
Jet Airways founder Naresh Goyal, an accused in the alleged fraud of Rs 538 crore at Canara Bank, on Saturday, told a special court here with "folded hands" that he had "lost every hope of life".
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Jet Airways Takes To Skies Again After 3-Year Gap On 29th Birthday
Jet Airways took to the skies again on Thursday after a gap of three years. It had ceased operations in April 2019 after experiencing financial difficulties.
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Jet Airways Founder Naresh Goyal Among Potential Pegasus Targets: Report
The potential targets of Pegasus included former chairman of Jet Airways Naresh Goyal, SpiceJet managing director Ajay Singh, Essar Group's Prashant Ruia and some top PSU officials, according to the latest list of names released by The Wire.
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Jet Airways Pilots Defer Strike As Management To Meet State Bank Today
The proposed strike by Jet Airways pilots and engineers has been deferred in view of a meeting today between the airline management and the State Bank of India. The two sides have been discussing a Rs.1,500-crore loan since last month as part of a rescue deal.
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Jet To Pay December Salaries As Pilots Threaten Strike From Tomorrow
Indebted carrier Jet Airways will pay December salaries to pilots and aircraft maintenance engineers but for now cannot pay more recent overdue wages, its chief executive said on Saturday after pilots threatened to strike over payment delays. Jet Airways has delayed payments to pilots, suppliers and lessors for months and defaulted on loans after r...
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Boeing 737 MAX 8 Aircraft Banned In Indian Airspace: 10 Points
India has closed its airspace to the Boeing 737 MAX 8 aircraft and has grounded the planes, according to a government order that came into effect at 4 pm today. Last night, the aviation watchdog DGCA had announced that the planes would be grounded "immediately" for the sake of passenger safety, three days after an Ethiopian Airlines flight crashed,...
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Jet, SpiceJet To Be Asked For Info On Boeing Model After Ethiopia Crash
India's aviation watchdog DGCA is expected to examine concerns about the use of Boeing 737 MAX 8 aircraft after the Ethiopian Airlines crash on Sunday, according to a senior official. The Directorate General of Civil Aviation is likely to speak to both Boeing and airlines like Jet Airways and SpiceJet, which operate the latest variant of Boeing's b...
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Jet Airways To Stop Free Meals For Most Domestic Economy Passengers
Jet Airways Ltd, India's biggest full-service carrier, will stop providing free meals to most domestic economy class passengers from January, in the debt-laden airline's latest move to cut costs and boost revenues.
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When BA Plane Was On Fire, Exit Slides Were Unusable- And Other Faults
Most emergency exits were blocked in a chaotic race to escape a blazing British Airways Plc jet that aborted its takeoff in Las Vegas almost three years ago, investigators found in the latest probe of a violent jet engine failure.
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Who Wants Air India? After IndiGo, Jet Airways Says "Not Me"
Jet Airways on Tuesday became the latest major airline to rule out a bid for debt-laden national carrier Air India in a new blow to the government's privatisation plans.
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Latest Discount Offers From Jet Airways, AirAsia India, GoAir
Flight ticket offers from airlines come amid robust competition in the domestic civil aviation market, backed by double-digit passenger traffic growth registered over the past year.
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Mass Arrests in Pakistan After Gunmen Shoot at Plane
Pakistani police on Wednesday arrested hundreds of people after gunmen opened fire on a passenger plane during its landing approach, as fighter jets hit militant targets in the latest round of an anti-Taliban offensive.
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Jet management, pilots agree on draft to end crisis: Sources
According to latest reports Jet management and its striking pilots have agreed on a tentative draft to end the deadlock.
-
No More Jet Airways. Supreme Court Says "No Choice", Orders Liquidation
Jet Airways' grounded assets will be liquidated, the Supreme Court said, invoking 'extraordinary' powers under Article 142 to set aside a National Company Law Appellate Tribunal decision upholding resolution and approving transfer of ownership.
-
"No Hope, Better To Die In Jail": Jet Airways Founder Breaks Down In Court
Jet Airways founder Naresh Goyal, an accused in the alleged fraud of Rs 538 crore at Canara Bank, on Saturday, told a special court here with "folded hands" that he had "lost every hope of life".
-
Jet Airways Takes To Skies Again After 3-Year Gap On 29th Birthday
Jet Airways took to the skies again on Thursday after a gap of three years. It had ceased operations in April 2019 after experiencing financial difficulties.
-
Jet Airways Founder Naresh Goyal Among Potential Pegasus Targets: Report
The potential targets of Pegasus included former chairman of Jet Airways Naresh Goyal, SpiceJet managing director Ajay Singh, Essar Group's Prashant Ruia and some top PSU officials, according to the latest list of names released by The Wire.
-
Jet Airways Pilots Defer Strike As Management To Meet State Bank Today
The proposed strike by Jet Airways pilots and engineers has been deferred in view of a meeting today between the airline management and the State Bank of India. The two sides have been discussing a Rs.1,500-crore loan since last month as part of a rescue deal.
-
Jet To Pay December Salaries As Pilots Threaten Strike From Tomorrow
Indebted carrier Jet Airways will pay December salaries to pilots and aircraft maintenance engineers but for now cannot pay more recent overdue wages, its chief executive said on Saturday after pilots threatened to strike over payment delays. Jet Airways has delayed payments to pilots, suppliers and lessors for months and defaulted on loans after r...
-
Boeing 737 MAX 8 Aircraft Banned In Indian Airspace: 10 Points
India has closed its airspace to the Boeing 737 MAX 8 aircraft and has grounded the planes, according to a government order that came into effect at 4 pm today. Last night, the aviation watchdog DGCA had announced that the planes would be grounded "immediately" for the sake of passenger safety, three days after an Ethiopian Airlines flight crashed,...
-
Jet, SpiceJet To Be Asked For Info On Boeing Model After Ethiopia Crash
India's aviation watchdog DGCA is expected to examine concerns about the use of Boeing 737 MAX 8 aircraft after the Ethiopian Airlines crash on Sunday, according to a senior official. The Directorate General of Civil Aviation is likely to speak to both Boeing and airlines like Jet Airways and SpiceJet, which operate the latest variant of Boeing's b...
-
Jet Airways To Stop Free Meals For Most Domestic Economy Passengers
Jet Airways Ltd, India's biggest full-service carrier, will stop providing free meals to most domestic economy class passengers from January, in the debt-laden airline's latest move to cut costs and boost revenues.
-
When BA Plane Was On Fire, Exit Slides Were Unusable- And Other Faults
Most emergency exits were blocked in a chaotic race to escape a blazing British Airways Plc jet that aborted its takeoff in Las Vegas almost three years ago, investigators found in the latest probe of a violent jet engine failure.
-
Who Wants Air India? After IndiGo, Jet Airways Says "Not Me"
Jet Airways on Tuesday became the latest major airline to rule out a bid for debt-laden national carrier Air India in a new blow to the government's privatisation plans.
-
Latest Discount Offers From Jet Airways, AirAsia India, GoAir
Flight ticket offers from airlines come amid robust competition in the domestic civil aviation market, backed by double-digit passenger traffic growth registered over the past year.
-
Mass Arrests in Pakistan After Gunmen Shoot at Plane
Pakistani police on Wednesday arrested hundreds of people after gunmen opened fire on a passenger plane during its landing approach, as fighter jets hit militant targets in the latest round of an anti-Taliban offensive.
-
Jet management, pilots agree on draft to end crisis: Sources
According to latest reports Jet management and its striking pilots have agreed on a tentative draft to end the deadlock.
