Air India Express, the no frills airline that is part of the Air India family, was the only one to make money in the financial year gone by, while others lost between 3 paise to 2.88 rupees for every kilometer that their passengers traveled during the year. As expected, the biggest loser among the big […]
The civil aviation ministry said airfare levels in India have largely returned to normal, after a spike seen immediately after the shut down of operations of Jet Airways in April. The ministry also said that no airline was observed to have charged outside the declared fare brackets in the aftermath of the closure of operations […]
SpiceJet announced yet another batch of new flights, emerging as by far the most aggressive airline in the wake of the demise of Jet Airways. This time, it announced 19 new flights, taking the total to 65 new flights announced in the last one month alone. The new flights announced today all connect Mumbai with […]
The National Stock Exchange on Wednesday sought a clarification from Jet Airways regarding reports that a British entrepreneur has expressed interest in acquiring it. The NSE has asked Jet Airways whether such negotiations were taking place and whether it was aware of any information that has not been informed to both NSE and BSE. This […]
Days after it announced its intention to add new aircraft to its fleet, SpiceJet said it would add 24 new flights over hte next 7-15 days. Of these, 16 will connect Mumbai, four will connect Delhi while the rest will connect the two metros with each other. The new flights from Mumbai are to Jaipur, […]
State Bank of India said it has no plans to buy the 24% stake owned by Abu Dhabi-based Etihad Airways in embattled Indian carrier Jet Airways. The report ” is factually incorrect and no such transaction has been contemplated,” SBI said in a statement today. The clarification comes in the wake of heavy criticism that […]
Debt-ridden airline operator Jet Airways said it was grounding four more aircraft due to non-payment of lease amounts, and that it will also default on interest payments to its debenture holders due tomorrow. It is estimated a total of 40 plus aircrafts have been grounded by the airline so far. “..the payment off interest due […]
Jet Airways managed to sequentially bring down its pretax loss by a smidgen due to its recently started cost cutting measures during the second quarter, and announced further measures to reduce losses. Even as revenue rose sequentially by Rs 170 cr in Jul-Sep quarter, total non-tax expenses rose by only Rs 144 cr, which had […]
Jet Airways, which is in the middle of implementing cost cutting measures, said it will introduce 28 new flights in the coming month. Among the new routes are daily flights from Indore, connecting the ‘largest city in Madhya Pradesh’ to Jodhpur as well as to Vadodara. It will also commence flight operations between Chandigarh and […]
The board of directors of Jet Airways, the body that acts as the representative of all shareholders, will on Monday consider the cost cutting measures proposed by the management of the airline, the company said. “The Audit Committee and the Board of Directors at their meeting scheduled to be held on Monday, 27 August 2018, […]
Jet Airways, one of India’s oldest private airlines, denied reports that it is on the verge of a shutdown, but admitted it had initiated talks with employees in an effort to cut costs in the face of adverse market conditions. Reuters reported that the company had urged pilots to take a 15% pay cut to […]
Jet Airways said it will offer discounts of 10-30% on its domestic and overseas flights for four days on the occassion of Easter. The sale started today and will run till April 2. The higher discounts of up to 30% are on international routes. Domestic flights will get up to 10-20% discounts, it said. The […]
Jet Airways said it will challenge the order of the Competition Commission of India to impose a fine of Rs 39.81 cr for allegedly colluding with its rivals to fix air fares. In a statement on Wednesday, the Competition Commission said Jet Airways, SpiceJet and IndiGo engaged in “concerted action in fixing and revising Fuel […]
Jet Airways said it will hold an 11-day sales starting tomorrow with 10-15% discounts. “With a flat 10% off on base fares in Economy and up to 15% off on Premiere fares, guests will be able to realise attractive savings on popular sectors across the airline’s domestic network of 44 destinations in the New Year, […]
Jet Airtways said it has signed a new agreement with Europe-based Air France-KLM that will increase the coverage and capacity of its existing agreement with the airline. The airlines will be able to extend their coverage and capacity between Paris, Amsterdam and India because of the agreement, while also adding new destinations in the US. […]
Jet Airways said it would offer up to 20% discount on international tickets under a week-long sale that will end on Sep 6. “Under the offer, guests enjoy attractive savings of up to 20% discount on the lowest prevailing return base fares,” the airline said. The offer is valid for travel only on direct flights […]
Jet Airways said it is cancelling several of its flights from and to Mumbai to cope with the situation created by incessant and heavy rains in the city. The flights include those to Vodadara, Delhi, Bangalore, Ahmedabad, Chandigarh and others. “Inclement weather in Mumbai during the last 24 hours, including the suspension of arrivals and […]
Jet Airways said it inked an agreement with Aeromexico, the flag carrier airline of Mexico, to explore codeshare arrangements and shared frequent flyer programs. As part of the arrangement, both carriers will code on each other’s services between India and Mexico via common gates in Europe (London Heathrow, Paris Charles De Gaulle and Amsterdam). To […]
Jet Airways launched a Commercial Pilot License training programme aimed at creating more than 380 professionals over the next five years, the company said. As part of the program, the first set of 60 cadets will begin training in the second half of 2017, with ground school and flight training at CAE’s flight academies in […]
Jet Airways Group today announced its second successive profitable year for the year ended Mar. 31, 2017. For Q4 of FY17, the group reported a net profit of INR 23 crores. The Group reported a consolidated profit of INR 438 crores for the year. “Despite the challenges posed by the recent increase in Brent price, […]
