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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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Jet Airways plans to buy 75 more Boeing 737 MAX planes

Jet Airways plans to buy 75 more Boeing 737 MAX planes

Tue, Jun 26, 2018

Jet Airways said it has entered into an agreement with Boeing to purchase 75 more 737 MAX aircraft. With the latest move, the full-service carrier could buy up to 225 Boeing 737 MAX planes as it eyes expansion in the fast-growing Indian aviation market.

Jet Airways says to buy additional 75 Boeing 737 Max jets

Jet Airways says to buy additional 75 Boeing 737 Max jets

Mon, Jun 25, 2018

Jet Airways (India) Ltd said on Monday it has entered into an agreement with Boeing Co for purchase of an additional 75 Boeing 737 MAX aircraft.

Carrying over 15 kg luggage gets expensive as IndiGo, SpiceJet, GoAir hike excess baggage charges

Carrying over 15 kg luggage gets expensive as IndiGo, SpiceJet, GoAir hike excess baggage charges

Sat, Jun 23, 2018

The reason behind hike in excess baggage charges was not revealed by the airlines. Not only prepaid excess baggage, but also pre-booked charges for more than 15 kg baggage have been raised.

Indigo excess baggage charges hiked; know here what you will pay now

Indigo excess baggage charges hiked; know here what you will pay now

Sat, Jun 23, 2018

Indigo excess baggage charges hike: A customer's luggage, if it goes excess by up to 5 kg, 10 kg, 15 kg and 30 kg, will now require a payment of Rs 1,900, Rs 3,800, Rs 5,700 and Rs 11,400.

Interglobe Aviation tumbles over 8% on FEMA violation news; Should you stay invested?

Interglobe Aviation tumbles over 8% on FEMA violation news; Should you stay invested?

Wed, Jun 20, 2018

Today, almost all airline firms were on hotbed at exchanges, however, peers like Jet Airways and SpiceJet managed to recover loses, but Indigo continued to suffer the pain.

Why airline stocks are flying under rough weather

Why airline stocks are flying under rough weather

Wed, Jun 20, 2018

Shares of Jet Airways, IndiGo and SpiceJet tanked up to 6 per cent on BSE today

IRCTC unveils Air app to provide best fares in major airlines; Know how it works

IRCTC unveils Air app to provide best fares in major airlines; Know how it works

Tue, Jun 19, 2018

The move comes after Indian Railways’ recent step of revamping the IRCTC website, making ticket booking even more easier.

Jet Airways extra luggage rule changed; this is what will happen when you have more bags

Jet Airways extra luggage rule changed; this is what will happen when you have more bags

Sat, Jun 16, 2018

Get set to change your packing habits. Jet Airways will now allow only one check-in baggage after July 15. This was among the new guidelines which Jet Airways has introduced for following a number-based check-in baggage policy.

Jet Airways commences Udan flights from Allahabad; tickets priced at Rs 967

Jet Airways commences Udan flights from Allahabad; tickets priced at Rs 967

Fri, Jun 15, 2018

The starting fares for the flights are Rs 967 for Allahabad to Lucknow, while the fare from Lucknow to Allahabad starts from Rs 757. The fares for Allahabad to Patna start from Rs 1,216. This regional connectivity is likley to benefit a lot of travellers between state capital Lucknow and Allahabad, which is also a very significant city due to its being religious centre.

Even as IndiGo, GoAir hit by GTF engines, P&W says they saved fuel worth $75 mn for airlines

Even as IndiGo, GoAir hit by GTF engines, P&W says they saved fuel worth $75 mn for airlines

Thu, Jun 14, 2018

The engine powers a current fleet of 165 aircraft and 23 airline operators. As many as 35 aircraft of IndiGo and 16 of GoAir are powered by GTF engines in India.

Good News! Jet Airways celebrates 25th Anniversary; you can win Maruti Suzuki Ciaz or even have free trip, find out details

Good News! Jet Airways celebrates 25th Anniversary; you can win Maruti Suzuki Ciaz or even have free trip, find out details

Sat, Jun 09, 2018

A passenger can avail up to 10% discount on base fare on Première and Economy on flights within India operated by Jet Airwayson their booking for travelling period up to September 30, 2018

Get 10% cashback on booking IndiGo, Jet Airways flight tickets; here is how

Get 10% cashback on booking IndiGo, Jet Airways flight tickets; here is how

Tue, Jun 05, 2018

If you are planning to book a flight, then there is an offer from Airtel. Yes, you read that right! If you pay for Jet Airways or IndiGo ticket booking through Airtel Money/Airtel Payments Bank, you can get cashback of up to Rs 250 in case of IndiGo and up to Rs 200 for Jet Airways flight bookings

Summer vacations on mind? Grab this Jet Airways Rs 967 offer under Udan scheme

Summer vacations on mind? Grab this Jet Airways Rs 967 offer under Udan scheme

Mon, Jun 04, 2018

The government had in March 2017 awarded 128 regional routes to five airlines for launching flights under the Udan (Ude Desh Ka Aam Naagrik) scheme, which aims at boosting air connectivity to the hinterland.

Auditors step up pressure on listed clients, start flagging gaps

Auditors step up pressure on listed clients, start flagging gaps

Sun, Jun 03, 2018

Auditors seem to be getting more vocal about financial gaps at listed companies, possibly due to an enhanced regulatory glare, as independent audit reports for a number of publicly traded companies have begun flagging issues like net-worth erosion and lack of necessary disclosures

Sebi seeks info from Jet Airways following complaint

Sebi seeks info from Jet Airways following complaint

Wed, May 30, 2018

Markets regulator Sebi has sought information from Jet Airways following a complaint of alleged fraudulent practices. In a filing to the stock exchanges today, the airline said last month the regulator sought views of the statutory auditors and the audit committee on certain allegations.

Big blow to Jet Airways! Icra downgrades its credit rating to junk status; check why

Big blow to Jet Airways! Icra downgrades its credit rating to junk status; check why

Tue, May 29, 2018

Credit rating agency Icra on Monday downgraded the rating of premium airliner Jet Airways to junk status after the aviation major reported losses in the March quarter of financial year 2018-19.

Jet Airways, SpiceJet, IndiGo share prices fly high; skyrocket up to a whopping 14%

Jet Airways, SpiceJet, IndiGo share prices fly high; skyrocket up to a whopping 14%

Mon, May 28, 2018

Jet Airways share price added 6.74 per cent to Rs 432.20. InterGlobe Aviation, parent firm of low-cost airline IndiGo, gained 3.33 per cent to Rs 1253.55.

After 10 years, Delta Airlines to resume non-stop flights to Mumbai

After 10 years, Delta Airlines to resume non-stop flights to Mumbai

Fri, May 25, 2018

A top American airlines -- Delta Air Lines --today said that it would resume its non-stop services from New York to Mumbai next year. The major airlines had suspended its non-stop survives to Mumbai in 2009. It had then blamed Middle Eastern airlines for hurting its ability to operate in parts of Asia.

Jet Airways' debt may rise in short term, says CFO Amit Aggarwal

Jet Airways' debt may rise in short term, says CFO Amit Aggarwal

Fri, May 25, 2018

With Jet Airways incurring a huge fourth-quarter loss of Rs 1,036 crore on high oil prices and weaker rupee, its auditors have said the "appropriateness of assumption of going concern" for the company depends on its ability to raise necessary funds, among other factors.

Jet Airways share price crashes 10%; horror Q4 blamed on flat airfares, soaring fuel prices

Jet Airways share price crashes 10%; horror Q4 blamed on flat airfares, soaring fuel prices

Thu, May 24, 2018

Jet Airways share price crashed a whopping 10 per cent on Thursday after the premium airline reported a standalone net loss of Rs 1,036 crore in the March quarter due to rise in oil prices and weaker rupee. Naresh Goyal-promoted company had reported a net profit of Rs 602.42 crore in the year-ago period.

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