Jet Airways | The Asian Age

Tuesday, Apr 30, 2024 | Last Update : 05:35 AM IST

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"We have already recruited a lot of pilots. We have about 20 of them already, all from Jet Airways as at present only Jet pilots are available in the market. Our intention is to hire up to 50 pilots. So we will be inducting another 25-30 pilots going forward," Air India Express chief executive officer Shyam K Sunder said. (Photo: File | AFP)

Air India Express mulls leasing some Jet Airways' Boeing 737 aircrafts

Before halting operations temporarily mid-last week due to severe cash-drought, Jet Airways was forced to ground 69 planes.

21 Apr 2019 5:47 PM

Jet Airways’ employees gather to appeal to the government to save their company, in New Delhi on Thursday. (Photo: AP)

Other airlines see value in hiring Jet Airways staff, but at lower pay: Experts

On Friday, SpiceJet said it has hired more than 500 employees of Jet Airways, including 100 pilots.

21 Apr 2019 1:18 PM

Four entities -- Etihad Airways, TPG Capital, Indigo Partners and National Investment and Infrastructure Fund (NIIF) -- are learnt to have shown interest in picking up stake in Jet Airways. (Photo: AFP/File)

Jet Airways crisis: Lenders keen on non-IBC resolution in case bidding process fails

Running into debt of more than Rs 8,500 crore, Jet Airways has shut down operations temporarily.

21 Apr 2019 11:34 AM

In separate but similarly-worded letters this week, the Society for Welfare of Indian Pilots (SWIP) and Jet Aircraft Maintenance Engineers Welfare Association (JAMEWA) have requested help in clearing their outstanding salary dues.

Jet Airways staff seek President, PM Modi’s intervention

Cash-starved Jet Airways has delayed payment of salaries to 23,000 employees, including pilots.

21 Apr 2019 3:16 AM

Cash-starved Jet Airways, which has around 23,000 employees, has delayed payment of salaries to the employees, including pilots. (Photo: Twitter | @jetairways)

Jet Airways employees seek President's intervention for salary dues, emergency funds

Domestic lenders have invited bids for selling stake in Jet Airways.

20 Apr 2019 3:45 PM

On Wednesday, Boeing CEO Dennis Muilenburg said the company completed its last test flight of updated flight-control software. (Photo:AP)

Panel to review approval of new Boeing 737 Max flight controls

A team of experts will begin reviewing how the Boeing 737 Max's flight control system was approved by US Federal Aviation Administration.

20 Apr 2019 11:45 AM

Will give first preference to Jet employees: SpiceJet

Sources said this recruitment had been made in the past one and a half months.

20 Apr 2019 2:35 AM

Even in the global air crashes, it leads to an increase in the premium payable by the airline.

Jet Airways closure to affect PSU insurers

As far as the losses of these insurers are concerned, pricing factor in aviation space plays a key role for these insurers.

20 Apr 2019 12:58 AM

Oriental Insurance is the leading insurer of Jet Airways and New India Insurance has some time been a co-insurer.

No insurance for Jet fliers

Customers cannot make insurance claims for cancelled flights.

20 Apr 2019 12:57 AM

SpiceJet had said on Thursday that it will induct six more Boeing 737-800 NG aircraft on dry lease in addition to the 16 B737s and 5 Q400s that will soon the fleet. (Image: File)

Post Jet Airways crisis, SpiceJet hires more than 100 pilots, staff

The crisis in Jet Airways has out around 20,000 jobs at stake.

19 Apr 2019 9:09 PM

The sources said the lenders are actively considering proposals, including from Air India, for utilising the planes owned by Jet Airways. (Photo: Twitter | @jetairways)

Jet Airways crisis: Lenders explore ways to use 15 planes, protect valuable assets

Banks had rejected emergency funding request of Jet Airways that forced it to ground operations.

19 Apr 2019 4:22 PM

Air India chairman Ashwani Lohani is expected to meet Kumar on Friday to discuss his plans of leasing five Jet Airways' B777s. Air India is keen to launch more international routes and enhance frequencies on the existing ones, said a source.

Air India chairman may meet SBI chief over leasing Jet Airways planes

The SBI-led consortium of lenders are now running the Jet Airways under a debt recast plan.

19 Apr 2019 2:12 PM

Airline stopped its international operations from April 11, leaving its passengers in the lurch at several international airports across the world.

Air India offers special fares to Jet Airways stranded int'l passengers

Jet Airways will be allowed to avail special stranded passenger fares from the destinations common with Air India.

19 Apr 2019 8:56 AM

The plea also sought that the court direct the RBI to convene a joint meeting of the banks and the Jet management to take emergent steps to keep the airline afloat, during completion of its ongoing stake sale process.

Won’t intervene in Jet crisis: Bombay HC

The court advised the petitioner to approach the National Company Law Tribunal.

19 Apr 2019 6:50 AM

In a brief statement, Jet Airways’ lenders said “the best way forward for the survival of Jet Airways is to get the binding bids from potential investors”.

DGCA asks Jet Airways to file a ‘credible’ revival plan

The DGCA would also be asking the company for a concrete and credible revival plan to restart suspended operations.

19 Apr 2019 3:06 AM

The latest study by ICRA on the Indian aviation industry suggests that the recent groundings of aircraft of the Indian aviation industry has already hit its total capacity hard, resulting in increased airfares and more inconvenience to the passengers, thereby affecting passenger traffic growth.

Jet’s grounding to hit aviation industry hard

As on date, 98 of the total 670 aircraft in the industry have been grounded.

19 Apr 2019 2:35 AM

Jet will fly again, say banks

At its peak, Jet operated 123 planes and over 600 daily flights. It was flying just seven planes on Tuesday.

19 Apr 2019 2:35 AM

The markets ended marginally lower after a lacklustre trading day on Thursday ahead of a long weekend.

Negative moment seen in market

Among the sectors, oil & gas was the sole gainer, while banks, capital goods, FMCG, metals, realty, power and telecom ended in losses.

19 Apr 2019 2:34 AM

Once India’s largest private airline, Jet halted all flight operations indefinitely on Wednesday evening.

Grounded Jet Airways' shares sink, rivals race to grab airport slots

Investors punished Jet shares on Thursday, driving them down 34 per cent in their biggest intraday fall.

18 Apr 2019 5:38 PM

Lenders are carrying out the bidding process for stake sale in Jet Airways, which has a debt burden of more than Rs 8,000 crore. (Photo: PTI/File)

DGCA to seek credible revival plan from Jet Airways, says official

After weeks of uncertainty, Jet Airways on Wednesday announced temporary suspension of its operations.

18 Apr 2019 1:36 PM

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Aakar Patel