Jet Airways | The Asian Age

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GoAir had the best on-time performance followed by Air Asia, Vistara, IndiGo, and Air India. (Representational Image)

Domestic air passenger growth falls in April due to grounding of Jet Airways

The key reason was grounding of Jet Airways on April 17, which cut the total seat capacity and shrank the market.

23 May 2019 5:50 PM

On the BSE, Jet Airways's scrip rose 8.59 per cent to Rs 163.70. The stock gained 8.61 per cent to Rs 163.85, on the NSE.

Jet Airways shares jump over 8 pc on Hinduja stake buy buzz

'Hinduja Group is evaluating the Jet Airways opportunity,' the group said in a statement on Tuesday.

22 May 2019 12:24 PM

Three employees of Jet Airways met S K Mishra, joint secretary of Ministry of Civil Aviation. (Photo: AFP/File)

Jet Airways' employees hold protest outside Civil Aviation Ministry

The protests come amid the State Bank of India-led consortium of lenders struggling to find a buyer for the airline.

21 May 2019 1:33 PM

With Jet Airways out of picture, several airlines like Air India, IndiGo, Vistara and SpiceJet are now eyeing the prime foreign routes that Jet Airways till recently handled. (Photo: File)

Air India will add 2 flights on Dubai route from June 1

The additional flights will also help in bringing down airfares that have shot up ever since Jet Airways suspended its international flights.

18 May 2019 5:09 AM

Jet’s total debt was Rs 5,285 crore, with trade payables of another Rs 6,400 crore at 31 March 2018. (Photo: AFP/File)

Five effects of Jet Airways’s collapse on airline industry

Airport operators and oil marketing companies have lost a big customer with Jet Airways’ collapse.

17 May 2019 2:13 PM

The blockade on Qatar and withdrawal of 28 weekly between Doha and cities of New Delhi and Mumbai has increased the pressure on available seat capacity in Qatar-India routes, Qatar Airways said. (Photo: File | AFP)

Open to partnership proposal from Indian carriers: Qatar Airways

The carrier submitted a formal request to Indian authorities for an additional capacity on a temporary permit basis.

17 May 2019 10:49 AM

The total penalty imposed on the non-compliant companies is little over Rs 8.84 crore, according to NSE data.

NSE fines 250 companies for non-compliance with listing regulations

The move is in accordance with Sebi's circular that had put in place a standard operating procedure to check non-compliance.

15 May 2019 4:48 PM

Last week, the State Bank of India-led consortium of lenders to Jet Airways said it has received bids from Etihad Airways and from a few unsolicited parties.

Darwin Platform Group, SBI Caps discuss unsolicited bid for Jet Airways

Darwin Platform Group has offered Rs 14,000 crore to acquire Jet Airways, its CEO Rahul Ganpule said.

15 May 2019 2:49 PM

In top level exodus at grounded Jet Airways, four senior executives have quit the ailing airline.

Jet Airways shares continue to fall for 3rd day; tank nearly 7 per cent

After a weak opening, the scrip further tumbled 6.85 per cent to Rs 120.25 -- its 52-week low -- on the BSE.

15 May 2019 1:35 PM

Dube's departure marked the end of his 21-month long tumultuous tenure during which the once-storied carrier shuttered operations due to cash crunch after more than 25 years of "happy flying.

Jet Airways saga: CEO Vinay Dube, 3 senior executives deboard airline

The carrier's Chief People Officer Rahul Taneja has also put in his papers.

15 May 2019 8:36 AM

The scrip tanked 7.42 per cent to close at Rs 129.10 on the BSE on Tuesday.

Jet Airways shares plummet over 7 pc; CEO Vinay Dube resigns

CEO Vinay Dube resigned from the company citing to personal reasons.

14 May 2019 5:48 PM

The airline seized operations temporarily around mid- April due to acute liquidity crisis.

Jet Airways chief financial officer Amit Agarwal steps down

The airline did not mention a replacement for Agarwal, who had joined Jet in 2015 as its CFO.

14 May 2019 9:43 AM

Biman flight is greeted by an arch of water canon upon its landing at the IGI Airport.

After Jet closure, Biman re-establishes Delhi link

As the Biman flight landed at the IGI Airport, it was greeted by an arch of water canon.

14 May 2019 4:34 AM

Jet Airways and SBI were not immediately available for comments.

Jet Airways slumps after reports of Etihad's non-binding offer

Etihad wanted a commitment from banks on additional loans once it infuses equity into the company.

13 May 2019 11:02 AM

Once India’s largest private airline, Jet was crippled by mounting losses as it tried to compete with low-cost rivals IndiGo and SpiceJet Ltd. (Photo: File)

Etihad submits bid for Jet Airways, eyes minority stake

SBI had invited binding bids for a stake in the airline, which is saddled with roughly dollar 1.2 billion in bank debt.

11 May 2019 12:42 PM

The move comes days after the airline leased some of the Boeing 737 planes from the grounded Jet Airways

SpiceJet says will offer business class on select routes from May 11

SpiceJet will offer the service on airctaft operating on routes from Delhi, Mumbai, Kolkata, Chennai, Hyderabad and other cities.

09 May 2019 5:36 PM

The Bhartiya Kamgar Sena’s Suryakant Mahadik holds a press conference on Monday. (Photo: Debasish Dey)

Union: Will close airports if Jet crisis not sorted

The trade union demanded that the Central government should direct banks to provide financial help to the company.

07 May 2019 6:57 AM

Last week, an Air India union official criticised the government's plan to privatise the airline saying that handing over of a company to private players was not a remedy.

Interact with media only after prior approval of CMD: Air India tells staff

The airline said there have been instances where employees have interacted with media portraying company in bad light.

03 May 2019 11:38 AM

On the National Stock Exchange (NSE), Jet Airways scrip tumbled 22.46 per cent to hit a one-year low of Rs 118.90. (Photo: AFP/File)

Jet Airways shares dive 22.5 pc, hit 1-year low

Investors deserted Jet Airways since the start of trading, with the scrip falling sharply by 20.41 per cent to Rs 122.

02 May 2019 1:40 PM

Jet Airways temporarily suspended operations on April 17 as it ran out of cash after lenders declined to extend emergency funds. (Photo: AFP/File)

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

Noting that group mediclaim policy would cease from May 1, Jet Airways's Rahul Taneja urged employees to take medical insurance.

01 May 2019 1:57 PM

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Shobhaa De