Jet Airways posted Rs 10.40 billion loss in the fourth quarter FY 18 owing to high costs and a decline in other income
As the country's once premier airline completes 25 years of flying, aviation industry questions where it is really headed
The stock slipped by 8% to Rs 386, its fresh 52-week low on the BSE in early morning trade.
Revenue from operations rose about nine percent to Rs 59.25 billion, while aircraft fuel expenses surged 31 percent to Rs 20.63 billion
Jet's comments come after IndiGo, the only airline to have publicly shown interest in buying parts of Air India
Kardassis, who quit airline in 2013, will advise Goyal and senior management on cost-saving and productivity improvement
To fund the scheme, the civil aviation ministry is collecting a levy of Rs 5,000 per departure from airlines operating in major routes, including Mumbai and Delhi
Jet Airways will fly services three times a week on the Lucknow-Allahabad-Patna sector with an ATR aircraft
In April 2007, Jet Airways had acquired Sahara Airlines for Rs 14. 50 billion after an arbitration award and the latter was renamed as JetLite
Jet will also revamp its mobile application and website with different capabilities both for commerce and customer service
Passengers can place a bid on the Jet Airways' website under the 'manage my booking' section, stating the amount they're willing to bid for the upgrade
With the latest deal, Jet Airways will have 150 737 MAX planes on order
The tickets are valid for travel on the airline's 45 city domestic network from the date of purchase till September 30, 2018 on one-way journeys, the airline said
On NSE, shares of the company dropped 4.53% to close at Rs 608.75
The salaries of staff member will get paid on April 3
The male co-pilot allegedly slapped the fellow women commander inside the cockpit after he got into a physical fight with her
The company was asked by the exchange to provide its response over a news reports in this regard
The Jet Airways has said that it would take further action against the staff member
The incident took place on a Boeing 777 (flight 9W 119) when it was about an hour from touchdown in Mumbai
A misunderstanding occurred between the cockpit crew but it was quickly resolved, says Jet Airways