Tue, May 28, 2024
The withdrawal comes after the National Company Law Appellate Tribunal (NCLAT) refused to give any relief to JKC. An NCLAT bench headed by Chairman Justice Ashok Bhushan said the matter is already before the Supreme Court.
More >
Mon, Apr 08, 2024
Shanmugam was the chief operating officer at the Bangalore International Airport Ltd (BIAL) and led the operationalisation of the new terminal 2.
Tue, Mar 12, 2024
"The impugned order passed by Adjudicating Authority (NCLT Mumbai) dated 13.01.2023 is upheld," said a two-member NCLAT bench. Besides, it has also directed the lenders of Jet Airways to adjust the Rs 150 crore paid by the consortium as performance bank guarantee (PBG).
Fri, Apr 19, 2019
There is an increased demand on main business and leisure routes with peak travel season and with the recent withdrawal of Jet Airways operations.
SpiceJet has hired as many as 500 pilots, cabin crew, technical and other ground staff in recent weeks, most of them coming from the now grounded Jet Airways.
'The government-owned Air India can take over Jet Airways if no investor is interested in taking it.'
Jet Airways have plunged by nearly 76% in one year’s time. While rejecting the offer for funding, the lenders after due diligence decided another root to keep Jet Airways in the air.
An airline insider said that the employees in the lower salary brackets were worse affected due to nil savings.
From being clueless on how to find money for their children's school and college fees, to paying rent for their accommodations, staff are looking for answers and for most, the answers lie in immediate funding from lenders
Air India on Thursday announced special fares to international passengers of Jet Airways who have been stranded due to the grounding of the airline.
Left with no cash to continue flying, the once-mighty Jet Airways on Wednesday suspended operations temporarily.
The cancellation of flights is creating demand-supply constraint leading to rising in fares is affecting them across their business, leisure and B-leisure segments.
The SBI-led consortium of lenders are now running the airline under a debt recast plan.
A day after Jet Airways temporarily suspended operations, the government has strictly advised domestic airlines not to indulge in predatory pricing and keep air fares affordable, a senior official said here on Thursday.
The staff from across various departments, including engineering, maintenance, guest relations and security had participated in the demonstrations at the Jantar Mantar on Thursday.
The grounding of planes by Jet Airways has resulted in capacity reduction in the domestic sector, which has also led to a spurt in airfares in many sectors.
Airfares have risen amid reduced number of flights in the wake of grounding of planes by Jet Airways.
Thu, Apr 18, 2019
National carrier Air India is looking at leasing five of the grounded carrier Jet Airways Boeing 777s and operate them to London, Dubai and Singapore.
Jet Airways crisis: Some loaders have pledged ornaments of their wives, some engineers have sold vehicles and many have defaulted on their monthly EMIs.
The officers and employees union of the grounded Jet Airways Thursday sought government intervention to avert a Kingfisher-like collapse of the carrier.
While staff had in the last few weeks were getting informally advised to take leave, senior managers have started sending formal emails to stay back home.
IATA on Thursday suspended membership of the grounded Jet Airways of its clearing house system, a move that is likely to impact the refund process to passengers.
The vacant Jet slots will be allocated to other airlines, said Pradeep Singh Kharola, India`s aviation secretary, at a press conference in New Delhi.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
