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Jet Airways

Jet Airways Insolvency: JKC withdraws plea to put Rs 200 crore in escrow after NCLAT refuses relief

Jet Airways Insolvency: JKC withdraws plea to put Rs 200 crore in escrow after NCLAT refuses relief

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.

Air India appoints Jayaraj Shanmugam as head of global airport operations

Air India appoints Jayaraj Shanmugam as head of global airport operations

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.

NCLAT upholds Jet Airways transfer of ownership to Jalan Kalrock

NCLAT upholds Jet Airways transfer of ownership to Jalan Kalrock

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).

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DGCA says Jet Airways situation 'dynamic', only 41 available for operation

DGCA says Jet Airways situation 'dynamic', only 41 available for operation

Tue, Mar 19, 2019

Aviation regular DGCA on Tuesday said that Jet Airways only has 41 aircraft in its fleet for operations and that there may be further attrition in the fleet size and flights ahead.

Boeing 737 Max to dent SpiceJet, Jet Airways earnings? Is Indigo clear winner here? Analysis of this aviation situation

Boeing 737 Max to dent SpiceJet, Jet Airways earnings? Is Indigo clear winner here? Analysis of this aviation situation

Tue, Mar 19, 2019

While these two airlines will be struggling, it is now clearly expected that another airline namely Indigo will be a winner with more passenger growth and hence good profit ahead.

Flight safety is at risk: Jet Airways engineers' union to DGCA

Flight safety is at risk: Jet Airways engineers' union to DGCA

Tue, Mar 19, 2019

"We request you to kindly intervene and direct Jet Airways to clear our outstanding dues and pay us our salaries on time in future to enable us to continue deliver safe airplanes," it added.

No crisis? DGCA says report of urgent meet in wake of Airfare spike is 'wrong'

No crisis? DGCA says report of urgent meet in wake of Airfare spike is 'wrong'

Tue, Mar 19, 2019

Airfare Crisis: A day after reports claimed the Directorate General of Civil Aviation has called a crisis meet to discuss airfare surge, the aviation watchdog today called such news fake.

What Jet Airways Chairman Naresh Goyal wrote to staff over non-payment of salaries

What Jet Airways Chairman Naresh Goyal wrote to staff over non-payment of salaries

Tue, Mar 19, 2019

With the clouds of uncertainty darkening over the survival of his 25-year-old airline, Jet Airways chairman Naresh Goyal Monday sought to reassure the 16,000-strong staff of the efforts to restore the "much needed stability" in its operations at the earliest.

Jet Airways flights update: Passengers stranded at Abu Dhabi airport

Jet Airways flights update: Passengers stranded at Abu Dhabi airport

Mon, Mar 18, 2019

On Monday too, following the similar pattern, Jet Airways informed BSE that four aircraft were informed to be grounded due to non-payment of amounts outstanding to lessors.

Jet Airways crisis: Pilots body set to hold AGM as company grounds more planes

Jet Airways crisis: Pilots body set to hold AGM as company grounds more planes

Mon, Mar 18, 2019

The airline, which is in financial distress for almost a year now with four consecutive quarters of losses, however, till date not shared the number of flights it has been cancelling for over a month.

Flyers Alert! IndiGo, Jet Airways stir competition: New flight, heavy discounts on offer

Flyers Alert! IndiGo, Jet Airways stir competition: New flight, heavy discounts on offer

Mon, Mar 18, 2019

IndiGo and Jet Airways have stirred competition just a few days ahead of Holi. IndiGo which is the largest airline in terms of market share, has launched new flights between Kolhapur, Hyderabad and Tirupati with fares starting at an all-inclusive price of Rs 1,999.

Holi offers on flights: IndiGo, GoAir, Jet Airways offer massive discounts, cashback benefits

Holi offers on flights: IndiGo, GoAir, Jet Airways offer massive discounts, cashback benefits

Mon, Mar 18, 2019

Holi offers on Air Tickets: GoAir is also offering discounts on domestic flights with a starting all-inclusive price of Rs 1,699 and on the bookings done under the sale till March 19, 2019, according to the airline website,

Seeking help to get salaries - Cash-strapped Jet Airways pilots' union writes to Modi government

Seeking help to get salaries - Cash-strapped Jet Airways pilots' union writes to Modi government

Mon, Mar 18, 2019

Cash-strapped Jet Airways pilots' union has written to the government, seeking its help in recovering their pending salaries along with the accumulated interest. Jet Airways currently has 1,900 pilots on its rolls.

Jet Airways cancels operations at Abu Dhabi Airport

Jet Airways cancels operations at Abu Dhabi Airport

Mon, Mar 18, 2019

Jet Airways has grounded its operations at Abu Dhabi Airport from Monday for an indefinite period, citing operational reasons.

Crisis-hit Jet Airways' pilots approach Labour Ministry on salary arrears

Crisis-hit Jet Airways' pilots approach Labour Ministry on salary arrears

Fri, Mar 15, 2019

The cash-strapped full service airline has been making delayed salary payment for the last few months and has also defaulted on loan repayments.

DGCA may bar Jet Airways from accepting advance bookings

DGCA may bar Jet Airways from accepting advance bookings

Thu, Mar 14, 2019

Aviation regulator DGCA may bar beleaguered carrier Jet Airways from taking advance bookings beyond a particular period amid a drastically reduced capacity and massive flight cancellations, an official said Thursday.

Flight tickets to get costlier with 25% fleet of IndiGo, Jet Airways, Spicejet off skies

Flight tickets to get costlier with 25% fleet of IndiGo, Jet Airways, Spicejet off skies

Thu, Mar 14, 2019

With the grounding of 12 Boeing737MAX aircraft, Flight tickets to get costlier with 25% fleet of IndiGo, Jet Airways, Spicejet off skies. Watch full video to know more.

Cheap flight tickets: GoAir, Jet Airways and Vistara offer discounts on domestic, international air fares

Cheap flight tickets: GoAir, Jet Airways and Vistara offer discounts on domestic, international air fares

Thu, Mar 14, 2019

As the aviation sector is witnessing cut-throat competition, several airline companies have come out with lucrative discount offers on flight tickets to woo passengers, who are enjoying all-around attention.

Jet Airways, SpiceJet shares fall as DGCA decides to ground Boeing 737 MAX

Jet Airways, SpiceJet shares fall as DGCA decides to ground Boeing 737 MAX

Wed, Mar 13, 2019

SpiceJet`s shares plunged 5.5 percent in the first few minutes of trade while Jet was trading 2.2 percent lower. Shares of low-cost airline InterGlobe Aviation rose 2.9 percent.

Jet Airways grounds 4 more planes, Etihad aid may be conditional

Jet Airways grounds 4 more planes, Etihad aid may be conditional

Wed, Mar 13, 2019

Even as speculations are rife that Etihad Airways has set several conditions to extend a financial lifeline to save Jet Airways, the passenger carrier on Tuesday said that four more aircraft have been grounded over non-repayment of dues to lessors, taking the total to 32.

Jet Airways defaults on foreign loan repayment

Jet Airways defaults on foreign loan repayment

Tue, Mar 12, 2019

Cash-strapped Jet Airways Monday defaulted on foreign loan repayment due to liquidity crunch, amid chairman Naresh Goyal seeking Rs 750 crore in urgent funding from its strategic partner Etihad Airways citing the airline's "very precarious" position.

Jet Airways' outgoing Chairman Naresh Goyal seeks immediate funding from Etihad

Jet Airways' outgoing Chairman Naresh Goyal seeks immediate funding from Etihad

Tue, Mar 12, 2019

Cash-strapped Jet Airways` outgoing Chairman Naresh Goyal has sought an immediate funding of Rs 750 crore from the equity partner Etihad Airways.

Jet Airways not operating any Boeing 737 MAX plane

Jet Airways not operating any Boeing 737 MAX plane

Mon, Mar 11, 2019

The statement of the airline, which has grounded a significant number of planes, comes amid aviation regulator being asked to undertake a safety assessment of 737 MAX aircraft following the crash of such a plane in Ethiopia on Sunday.

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