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What To Do With Two-Thirds Of The World's Jets When They Can't Fly
The skies are eerily empty these days, presenting a new challenge for the world's embattled airlines as they work to safeguard thousands of grounded planes parked wingtip to wingtip on runways and in storage facilities.
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Jet Airways Founder Naresh Goyal Questioned In Alleged Foreign Funding Violation Case
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
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What's Next For Jet Airways After Founder Naresh Goyal's Exit: Ten Points
Jet Airways founder-chairman Naresh Goyal and his wife, Anita, resigned from the airline's board of directors today while state-run lenders announced a Rs 1,500 crore bailout plan. The two took the step at a time when a majority of its fleet has been grounded amid non-payment of dues to banks, suppliers, pilots and lessors. The total debt of the tr...
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Flight Operations Hit As Debt-Laden Jet Airways Grounds Part Of Fleet
Crisis-hit private carrier Jet Airways has been forced to ground part of its 123-aircraft fleet following non-payment of dues to lenders, which has led to cancellation of some domestic flights, sources said.
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Jet Airways To Get $35 Million From Frequent Flyer Programme: Report
Sources in the aviation industry in Abu Dhabi have confirmed to ANI that Etihad Airways has green lighted JPPL, Jet's Frequent Flyer Programme which is majority-owned by Etihad, to enter into an agreement that will provide Jet immediate liquidity of $35 million to help it meet some of its current obligations including staff salaries.
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"Purely Speculative": Jet Airways On Reports Of Stake Sale
Jet Airways has said it is considering various options on priority to meet its funding requirements, reaffirming that its revenue-boosting and cost-cutting measures have started to show results.
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Feeling "Embarrassed" About Investors Losing Money: Jet Airways Chairman
Jet Airways Founder Chairman Naresh Goyal yesterday said he felt "guilty and embarrassed" as a lot of shareholders have lost their money, amid the airline's shares plummeting on financial woes.
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Jet Airways, Air France-KLM Widen Ties In Potential Challenge To Etihad
The agreement between Jet Airways and Air France-KLM is designed to expand the number of flights to Europe and make Paris and Amsterdam hubs for connecting flights to the US
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Jet Airways Plans To Discard 1st Class Seats In Boeing 777 Planes
The airline is working on cost-cutting measures, a senior official said.
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112 Indians Arriving from Ebola-Hit Liberia; Mumbai, Delhi Airports Gear Up
Elaborate precautionary arrangements have been put in place at the Mumbai Airport to screen the 112 stranded Indians, who are expected to arrive on Tuesday by various flights from and around the Ebola-hit Liberia, authorities said on Monday.
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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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Air India gets go ahead for sale of five Boeing aircraft
Air India can now go ahead with the sale of its five long-haul Boeing 777 aircraft to Etihad Airways, with the government giving its nod to the deal today.
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Etihad jet makes mayday call after instrument failure
An Etihad Airways passenger jet made an emergency landing in Brisbane on Thursday after issuing a mayday call following a flight deck instrument failure.
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Etihad orders 56 Boeing aircraft, including 25 777X as Dubai Airshow opens
Abu Dhabi's Etihad Airways placed an order for 56 Boeing aircraft, including 25 yet-to-be launched long-haul 777X passenger jets, as the Dubai Airshow opened on Sunday.
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Supreme Court notices to Centre, others on plea against Jet-Etihad deal
The Supreme Court today sought response from the Centre on a petition filed by BJP leader Subramanian Swamy seeking a stay on the Jet-Etihad Airways deal.
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What To Do With Two-Thirds Of The World's Jets When They Can't Fly
The skies are eerily empty these days, presenting a new challenge for the world's embattled airlines as they work to safeguard thousands of grounded planes parked wingtip to wingtip on runways and in storage facilities.
-
Jet Airways Founder Naresh Goyal Questioned In Alleged Foreign Funding Violation Case
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
-
What's Next For Jet Airways After Founder Naresh Goyal's Exit: Ten Points
Jet Airways founder-chairman Naresh Goyal and his wife, Anita, resigned from the airline's board of directors today while state-run lenders announced a Rs 1,500 crore bailout plan. The two took the step at a time when a majority of its fleet has been grounded amid non-payment of dues to banks, suppliers, pilots and lessors. The total debt of the tr...
-
Flight Operations Hit As Debt-Laden Jet Airways Grounds Part Of Fleet
Crisis-hit private carrier Jet Airways has been forced to ground part of its 123-aircraft fleet following non-payment of dues to lenders, which has led to cancellation of some domestic flights, sources said.
-
Jet Airways To Get $35 Million From Frequent Flyer Programme: Report
Sources in the aviation industry in Abu Dhabi have confirmed to ANI that Etihad Airways has green lighted JPPL, Jet's Frequent Flyer Programme which is majority-owned by Etihad, to enter into an agreement that will provide Jet immediate liquidity of $35 million to help it meet some of its current obligations including staff salaries.
-
"Purely Speculative": Jet Airways On Reports Of Stake Sale
Jet Airways has said it is considering various options on priority to meet its funding requirements, reaffirming that its revenue-boosting and cost-cutting measures have started to show results.
-
Feeling "Embarrassed" About Investors Losing Money: Jet Airways Chairman
Jet Airways Founder Chairman Naresh Goyal yesterday said he felt "guilty and embarrassed" as a lot of shareholders have lost their money, amid the airline's shares plummeting on financial woes.
-
Jet Airways, Air France-KLM Widen Ties In Potential Challenge To Etihad
The agreement between Jet Airways and Air France-KLM is designed to expand the number of flights to Europe and make Paris and Amsterdam hubs for connecting flights to the US
-
Jet Airways Plans To Discard 1st Class Seats In Boeing 777 Planes
The airline is working on cost-cutting measures, a senior official said.
-
112 Indians Arriving from Ebola-Hit Liberia; Mumbai, Delhi Airports Gear Up
Elaborate precautionary arrangements have been put in place at the Mumbai Airport to screen the 112 stranded Indians, who are expected to arrive on Tuesday by various flights from and around the Ebola-hit Liberia, authorities said on Monday.
-
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.
-
Air India gets go ahead for sale of five Boeing aircraft
Air India can now go ahead with the sale of its five long-haul Boeing 777 aircraft to Etihad Airways, with the government giving its nod to the deal today.
-
Etihad jet makes mayday call after instrument failure
An Etihad Airways passenger jet made an emergency landing in Brisbane on Thursday after issuing a mayday call following a flight deck instrument failure.
-
Etihad orders 56 Boeing aircraft, including 25 777X as Dubai Airshow opens
Abu Dhabi's Etihad Airways placed an order for 56 Boeing aircraft, including 25 yet-to-be launched long-haul 777X passenger jets, as the Dubai Airshow opened on Sunday.
-
Supreme Court notices to Centre, others on plea against Jet-Etihad deal
The Supreme Court today sought response from the Centre on a petition filed by BJP leader Subramanian Swamy seeking a stay on the Jet-Etihad Airways deal.
