Naresh Goyal

Jet Airways to focus on direct connectivity between tier-II cities

Jet Airways to focus on direct connectivity between tier-II cities

In a major shift in its domestic route network strategy, Jet Airways will now focus on providing direct connectivity between tier-II cities as it aims to penetrate deeper into such markets.

Sep 07, 2017, 12:32 PM IST
JetLite merger: Jet to seek shareholders nod today

JetLite merger: Jet to seek shareholders nod today

Leading carrier Jet Airways will seek the approval of shareholders and creditors on Friday for the proposed merger of JetLite with itself.

Apr 22, 2016, 09:44 AM IST
AirAsia chief raises questions over 5/20 norm

AirAsia chief raises questions over 5/20 norm

The war of words over 5/20 norm continued with AirAsia chief Tony Fernandes today taking a dig at promoters of Indian airlines asking whether all of them live in India, in an obvious reference to Jet Airways Chairman Naresh Goyal, an NRI living in the UK.

Feb 27, 2016, 19:49 PM IST
Focus on cost reduction amid competition: Jet Airways

Focus on cost reduction amid competition: Jet Airways

Jet Airways, which has posted a record quarterly net profit of Rs 467 crore, today said it would focus on cost reduction amid pressure from competitive and structural changes in the domestic aviation sector.

Feb 08, 2016, 21:06 PM IST
Higher traffic, cheap fuel help Jet fly into record profit

Higher traffic, cheap fuel help Jet fly into record profit

This is the third consecutive profitable quarter for Jet Airways, which is the country's second-largest carrier by market share.

 

Feb 06, 2016, 20:12 PM IST
Jet Airways Q2 profit climbs to Rs 88 cr on lower fuel costs

Jet Airways Q2 profit climbs to Rs 88 cr on lower fuel costs

Jet Airways Wednesday reported 25 percent jump in net profit at Rs 87.59 crore in the second quarter of this fiscal, ended September 30, boosted by low aviation turbine fuel prices and high passenger traffic.

Oct 28, 2015, 21:13 PM IST
Jet Airways to add 19 new flights, upgraded aircraft

Jet Airways to add 19 new flights, upgraded aircraft

Naresh Goyal-promoted Jet Airways Thursday said it will add 19 new flights, including a few red-eye services, and upgrade its aircraft to wide-body Airbus between Delhi and Mumbai to provide additional connectivity on this key route during winter season.

Oct 15, 2015, 22:57 PM IST
Jet Airways gets Rs 700 crore fresh funds from Etihad Airways

Jet Airways gets Rs 700 crore fresh funds from Etihad Airways

Abu Dhabi-based Etihad Airways currently holds 24 percent stake in the domestic carrier.

Oct 01, 2015, 19:34 PM IST

JetLite to merge with parent carrier Jet Airways

The Naresh Goyal-promoted Jet Airways Wednesday said its board has approved merger of the low-cost subsidiary JetLite with the parent airline.

Sep 02, 2015, 18:22 PM IST

Jet Airways shares fly high; surges 8% after Q1 earnings

Shares of Jet Airways on Friday advanced by almost 8 percent after the company reported a consolidated net profit of Rs 226.4 crore for the first quarter ended June.

Aug 14, 2015, 16:56 PM IST

Jet Airways flies into black with Rs 226-crore net profit

Bolstered by higher revenues and rise in passenger traffic, Jet Airways on Friday reported a consolidated net profit of Rs 226.4 crore for the three months ended June.

Aug 14, 2015, 16:48 PM IST

Spicejet to add 3 new flights, 137 connections

Country's second largest low-cost carrier Spicejet Wednesday said it will add three new flights and 137 routes from August 29 to its give passengers more domestic and international travel options.

Aug 12, 2015, 22:16 PM IST

Naresh Goyal pitches for reducing aviation fuel prices

Jet Airways chairman Naresh Goyal Thursday pitched for reduction in aviation fuel prices in the new civil aviation policy being prepared by the government.

Aug 06, 2015, 23:25 PM IST

Naresh Goyal pitches for reducing aviation fuel prices

After meeting senior Civil Aviation Ministry officials, Goyal expressed satisfaction over the steps initiated by Prime Minister Narendra Modi-led government to boost the economy

Aug 06, 2015, 20:54 PM IST

Jet Airways slashes business class fares by 20%

Jet Airways Sunday lowered its business class ticket prices by a flat 20 percent for long-distance travel (above 1,000-km) on its domestic network under a special monsoon offer which opens Monday.

Jul 19, 2015, 17:46 PM IST

Jet Airways offers 25% discount on business class fares

Jet Airways Monday said it has lowered its business class fares by 25 percent for travel on its domestic network with a three day booking window period.

Jun 08, 2015, 17:43 PM IST

Jet Airways stock tumbles 6% post earnings

Jet Airways stock slumped 6 percent Monday after the company reported a net loss of Rs 1,729 crore for the three months ended March 2015.

Jun 01, 2015, 21:05 PM IST

Jet Airways hands over pink slips to 50 expat pilots

Jet Airways has handed over pink slips to 50 of its expat pilots by prematurely terminating their contracts, bringing their number to 88, as part of its cost-cutting measures as well as reducing dependency on the high-cost overseas flight crew.

Jun 01, 2015, 20:44 PM IST

Jet Airways to seek shareholders' nod for raising $400 million

Jet Airways will seek shareholders' approval next month to raise up to USD 400 million (over Rs 2,500 crore) through issue of securities on private placement basis.

Apr 22, 2015, 22:15 PM IST

Jet Airways seeks to 'enhance presence' in US market

The Naresh Goyal-promoted Jet Airways would soon draw up plans to expand in the US skies following the restoration last week by Federal Aviation Administration (FAA) of India's aviation safety rating to Category-1, sources have said.

Apr 12, 2015, 16:48 PM IST