News WrapGet Handpicked Stories from our editors directly to your mailbox


Air India to offer 'special fares' for stranded Jet flyers

Air India will offer "special" fares to Jet Airways passengers stranded at international stations, informed sources told IANS on Thursday.

Apr 18, 2019, 21:09 PM IST

''Can't sleep at night'': Despair over jobs as Jet Airways grounded

Thousands of employees have been stung by the rapid unravelling of Jet Airways, which, saddled with more than $1.2 billion in bank debt, grounded all its planes on Wednesday after lenders rejected a plea for emergency funds.

Apr 18, 2019, 16:48 PM IST

After snub from banks, Jet Airways cancels all operations with immediate effect

The decision from the cash-stressed company comes shortly after banks refused to provide it with an emergency funding of Rs 400 crore.

Apr 17, 2019, 19:11 PM IST

Amid Jet crisis, DGCA holds meeting with several airline representatives

With crisis-hit Jet Airways drastically curtailing its operations, there has been an adverse impact on the number of flights being operated on various routes.

Apr 16, 2019, 18:23 PM IST

SBI Caps to shortlist bidders for Jet Airways soon

Even as the much-needed funding remains elusive for Jet Airways, merchant banker SBI Caps has started the process for sale of the financially troubled carrier for lenders.

Apr 15, 2019, 23:53 PM IST

Jet lenders still undecided on funding; board to meet on Tuesday

Jet Airways chief executive Vinay Dube in an internal communication has said the lenders could not decide on the emergency funding.

Apr 15, 2019, 20:11 PM IST

Over 1,000 Jet Airways pilots not to fly from Monday due to unpaid salaries

Saddled with more than $1.2 billion of bank debt, the airline has been teetering for weeks and has yet to receive a loan of about $217 million from its lenders as part of a rescue deal agreed in late March.

Apr 14, 2019, 16:55 PM IST

Jet Airways cancels all international flights for Thursday night, three domestic flights for Friday

Jet Airways on Thursday suspended all its international flights scheduled for Thursday after its 10 more aircraft were grounded due to non-payment of outstanding dues to lessors.

Apr 11, 2019, 21:05 PM IST

Jet Airways cancels three flights for Friday

Cash-stressed Jet Airways has announced that it has cancelled three flights scheduled for Friday (April 12) due to operational reasons.

Apr 11, 2019, 19:10 PM IST

Vijay Mallya urges banks to take his money, save Jet Airways

Vijay Mallya is wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.

Mar 26, 2019, 09:35 AM IST

Jet Airways grounds its operations at Abu Dhabi Airport

Abu Dhabi is one of the two international hubs of cash-stressed Jet Airways. 

Mar 18, 2019, 07:35 AM IST

Jet Airways grounds another four planes due to non-payment

The total number of aircraft taken out of operations due to severe liquidity crunch in the airline and its subsequent failure to pay rentals to various lessors now stand at 32.

Mar 12, 2019, 21:53 PM IST

Jet Airways grounds seven more planes as it fails to pay lessors

Jet Airways said on Wednesday it had grounded seven more aircraft as the carrier failed to make payments to its lessors, taking the tally of planes hamstrung by the defaults to 13.

Feb 27, 2019, 20:05 PM IST

Jet Airways announces Christmas sale, offers 30% discount

The Christmas fare sale beginning today will be available across all booking channels of Jet Airways till midnight on Tuesday, January 1, 2019.

Dec 24, 2018, 18:28 PM IST

Pilot bodies of Air India, Jet oppose proposed norms on draft duty and rest hours

Any substantial modification to flight crew FDTL rules require due diligence and a scientific data-driven, evidence- based approach - backed by clinical or field trials, the unions stated in the letter.

Nov 28, 2018, 18:27 PM IST

Jet Airways agrees to buy 75 Boeing 737 MAX jets worth $8.8 billion

Jet Airways Ltd said late on Tuesday that it had entered into an agreement with Boeing Co for the purchase of 75 Boeing 737 MAX narrowbody jets.

Apr 04, 2018, 08:24 AM IST

Pakistan Air Force jet crashes on routine training near Sargodha in Punjab province

A little over a week ago, a senior PAF officer had embraced martyrdom when his aircraft crashed near Mianwali while on a routine operational flight.

Aug 17, 2017, 12:44 PM IST

Monsoon splash: Jet offers fares starting from Rs 1,079

Jet Airways on Tuesday announced all-inclusive, one-way special economy fares starting from as low as Rs 1,079 on select routes for a limited period.

May 23, 2017, 21:41 PM IST

Jet Airways flight veers off runway at Goa airport; DGCA probing incident

The incident occurred when Jet Airways Goa-Mumbai (9W 2374), which had arrived from Dubai, was about to take off.

Dec 27, 2016, 09:10 AM IST

Couches to jet: Vijay Mallya assets to go under hammer for Rs 700 crore

As the lenders and tax authorities cool their heels for Vijay Mallya to return to India, they will put under hammer next month assets worth over Rs 700 crore of the embattled businessman's long-defunct Kingfisher Airlines.

Jul 31, 2016, 15:13 PM IST