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Page 9 - Jet Airways Crisis

Other airlines step in to fill up Jet-shaped hole in sky within 12 months

According to CAPA, in 2019-20, domestic traffic is projected to grow at around 14-16 per cent, while international traffic will grow by 10-12 per cent

Other airlines step in to fill up Jet-shaped hole in sky within 12 months
Updated On : 08 May 2019 | 11:06 PM IST

Prabhu seeks report on allocation of Jet Airways' slots to other airlines

The development also comes against the backdrop of concerns raised in certain quarters about the process being followed in temporary allocation of Jet Airways' slots

Prabhu seeks report on allocation of Jet Airways' slots to other airlines
Updated On : 08 May 2019 | 10:50 PM IST

Jet Airways pilots' union urges SC to direct SBI to release funds

SBI is the lead banker of the consortium of lenders to Jet

Jet Airways pilots' union urges SC to direct SBI to release funds
Updated On : 08 May 2019 | 12:51 AM IST

Vistara's Europe plans likely to get grounded Jet Airways wings

The plan, if fructified, will give a push to the airline's ambitious international plans to long haul routes to Europe and North America

Vistara's Europe plans likely to get grounded Jet Airways wings
Updated On : 08 May 2019 | 12:42 AM IST

Pilots of grounded Jet Airways move SC seeking interim funding from SBI

The petition filed by National Aviators Guild has sought a direction to the Centre and the DGCA to disallow slots of Jet Airways to other airlines on permanent basis

Pilots of grounded Jet Airways move SC seeking interim funding from SBI
Updated On : 07 May 2019 | 8:42 PM IST

Naresh Goyal hopes for Jet Airway's revival in letter to employees

The former Chairman said he hopes the bank-led resolution plan will succeed and that a successful bidder will emerge by May 10

Naresh Goyal hopes for Jet Airway's revival in letter to employees
Updated On : 07 May 2019 | 8:14 PM IST

Jet Airways' security services to 38 foreign carriers to end on 10 May

Jet Airways has informed foreign airlines it would be unable to provide security services to them after May 10

Jet Airways' security services to 38 foreign carriers to end on 10 May
Updated On : 07 May 2019 | 10:08 AM IST

As Jet turns 26, employees gather at Delhi airport, see scope for revival

Employees in their uniforms displayed placards, with messages such as 'Save Jet Airways Save our future'.

As Jet turns 26, employees gather at Delhi airport, see scope for revival
Updated On : 06 May 2019 | 2:37 AM IST

Govt likely to allot Jet Airways' overseas traffic rights to other airlines

Traffic rights or seat entitlements on overseas routes are exchanged between governments of respective countries through Air Service Agreements

Govt likely to allot Jet Airways' overseas traffic rights to other airlines
Updated On : 04 May 2019 | 3:13 AM IST

Liabilities biggest hurdle to Jet Airways sale: SBI chief Rajnish Kumar

Creditors led by State Bank of India have put Jet Airways up for sale after the carrier failed to pay back debt

Liabilities biggest hurdle to Jet Airways sale: SBI chief Rajnish Kumar
Updated On : 03 May 2019 | 1:03 AM IST

Why Brand Jet collapsed within 12 months of celebrating silver jubilee

Price wars, rising costs, and an inability to meet its brand promise have led Jet to the crowded pile of dumped airline brands, say experts

Why Brand Jet collapsed within 12 months of celebrating silver jubilee
Updated On : 02 May 2019 | 9:59 PM IST

No takers for Jet Airways yet, staff consider bankruptcy proceedings

Jet Airways was forced to stop all flight operations on April 17 after its lenders declined to extend more funds

No takers for Jet Airways yet, staff consider bankruptcy proceedings
Updated On : 02 May 2019 | 9:41 PM IST

Jet Airways stock plunges 12%, hits 52-week low of Rs 122 during the day

The company's market valuation went lower by Rs 209.14 crore to Rs 1,531.86 crore on the BSE

Jet Airways stock plunges 12%, hits 52-week low of Rs 122 during the day
Updated On : 02 May 2019 | 9:40 PM IST

Prepaid forex cards held by over 1,300 Jet Airways staffers 'frozen'

The cards were given to the Jet staff operating international flights for taking care of the expenses incurred overseas

Prepaid forex cards held by over 1,300 Jet Airways staffers 'frozen'
Updated On : 02 May 2019 | 8:56 AM IST

Jet not paying statutory dues to employees who left in past 2 months: Union

The airline's ground staff held a silent protest at Mumbai airport and then marched to the local police station seeking criminal action against the management

Jet not paying statutory dues to employees who left in past 2 months: Union
Updated On : 01 May 2019 | 10:27 PM IST

High Court issues notice to Jet on plea for refund, alternative flights

The court's directions came on a plea, filed by activist Bejon Kumar Misra, which had said that the sudden suspension of air services of Jet has resulted in a major crisis for passengers

High Court issues notice to Jet on plea for refund, alternative flights
Updated On : 01 May 2019 | 9:11 PM IST

In pics: Jet staff protest, pay homage to colleague who committed suicide

On occasion of Labour Day, Jet Airways employees also organised a peaceful protest and requested the government's interference to save the airline

In pics: Jet staff protest, pay homage to colleague who committed suicide
Updated On : 01 May 2019 | 3:41 PM IST

No funds to pay premium for group mediclaim policy: Jet Airways to staff

Noting that the group mediclaim policy would cease from May 1, Jet Airways Chief People Officer Rahul Taneja urged employees to take a medical insurance cover of their choice

No funds to pay premium for group mediclaim policy: Jet Airways to staff
Updated On : 30 Apr 2019 | 10:26 PM IST

Vistara to hire 100 pilots, 400 cabin crew from grounded Jet Airways

The grounding of Jet has come as an opportunity for the market to hire readily-available skilled workforce from the licenced categories and deploy them directly into

Vistara to hire 100 pilots, 400 cabin crew from grounded Jet Airways
Updated On : 30 Apr 2019 | 10:25 PM IST

Jet Airways crisis: Employees step in to bid for airline's revival

Employees consortium claims it can secure an investment of Rs 3,000 crore to kick-start operations and settle dues

Jet Airways crisis: Employees step in to bid for airline's revival
Updated On : 29 Apr 2019 | 9:38 PM IST