New Delhi: Jet Airways is expected to order more than 100 narrow-body aircraft for up to $3.75 billion in 2012-13 as the largest Indian carrier grabs market share from its troubled rivals, a leading consultancy said. The airline is understood to be actively evaluating Airbus's narrow-body A320 aircraft, and is likely to lease up to 10 A330s to support expansion of its European network, the Centre for Asia Pacific Aviation...
12:48 PM, May 23, 2012
Mumbai: Despite a marginal improvement in the seat factor, national carrier Air India (AI) has lost its market share in April, helping low-cost airline SpiceJet to become the third-largest airline in the month with a market share of 17.7 per cent, according to the latest data from the sectoral regulator DGCA. The fall in the market share of AI is significant as the national carrier has seen an improvement in...
10:33 PM, May 18, 2012
New Delhi: Fourteen pilots and 31 cabin crew members have been found reporting for duty under the influence of alcohol till March this year, civil aviation minister Ajit Singh said on Wednesday. Of the total 14 pilots and 31 cabin crew who failed the pre-flight breath analyser test, a large number of pilots and cabin crew were of Jet Airways, he said in reply to a question in Lok Sabha....
12:24 AM, May 17, 2012
Mumbai: Backing protesting Air India pilots, Jet Airways pilot body (SWIP) on Sunday called for immediate reinstatement of those sacked and appealed to Civil Aviation Minister Ajit Singh to intervene and get the issue resolved at the earliest. "We are calling for immediate reinstatement of our IPG colleagues and good faith negotiations between management, IPG and ICPA in the hope of reaching an agreement which is acceptable to all parties,"...
01:57 AM, May 14, 2012
Mumbai: Backing protesting Air India pilots, Jet Airways pilot body (SWIP) on Sunday called for immediate reinstatement of those sacked and appealed to Civil Aviation Minister Ajit Singh to intervene and get the issue resolved at the earliest. "We are calling for immediate reinstatement of our IPG colleagues and good faith negotiations between management, IPG and ICPA in the hope of reaching an agreement which is acceptable to all parties,"...
07:59 PM, May 13, 2012
New Delhi: All but two major airlines in India have defaulted on paying airport charges, Civil Aviation Minister Ajit Singh said on Wednesday. IndiGo, the only profitable airline in the country, and privately-held GoAir have not defaulted on airport payments, Singh told lawmakers in a written reply. The government has initiated legal action against Kingfisher Airlines "towards dishonour of the cheques submitted" by the carrier, while Jet Airways and Spicejet...
08:57 PM, May 09, 2012
New Delhi: Overseas investors, which have been trimming their holdings in Kingfisher Airlines in the past three quarters, have increased their stake marginally in the cash-strapped carrier during the March quarter, according to data available with bourses. An analysis of shareholding patterns of airlines showed that Foreign Institutional Investors (FIIs) have increased their stakes both in Kingfisher and Jet Airways in three months ended March 2012. However, the shareholding pattern...
03:38 PM, Apr 26, 2012
It's an airline in transition. And no one feels it more than Jet Airways' cabin attendant Sushmita D. Depending on her roster, it is, "What meal would you like to have sir?" on some days. And "What meal would you like to buy Sir?" on others. These days, it can be a bit confusing with both lines being delivered on different flights the same day. Sushmita has been with the...
05:02 PM, Apr 20, 2012
New Delhi: It is a double whammy for travel website MakeMyTrip.com. Indigo Airlines and Jet Airways, who together constitute over 50% market share in domestic flying, have pulled out content from the site. Both the airlines IndiGo and Jet Airways have decided to minimise their ticket sales from the portal as they feel that Make My Trip was showing favoritism to some of the participating airlines like GoAir, SpiceJet and...
01:12 PM, Apr 18, 2012
The Govt's plans to restructure AI involves re-structuring Rs 18,000 crore by converting Rs 10,500 crore into long-term debt with a lower interest rate. ...
09:34 PM, Apr 12, 2012
Mumbai: An alert Air Traffic Controller prevented a mishap at the Mumbai airport on Thursday evening by directing an incoming JetLite flight to stay airborne, as another Jet Group flight took a little longer than expected to clear the main runway. The incident also delayed the departure of another JetLite flight from the city, a Jet Airways spokesperson said. "At 6:07 pm, a JetLite flight from Nagpur was to land,...
11:46 AM, Mar 23, 2012
Mumbai: As part of a strategic rebranding and restructuring exercise announced last July, the country's largest airline Jet Airways on Monday said, effective March 25, its low-cost arm JetLite will cease to operate, after being merged with the other no-frills brand JetKonnect. "Effective March 25, JetLite will cease to operate separately, but will come under the JetKonnect brand, enabling guests to avail of a single superior in-flight product in the...
07:22 PM, Mar 19, 2012
Mumbai: The country's largest airline Jet Airways and leading coffee chain Barista Lavazza on Monday entered into a partnership, under which, the JetPrivilege members can earn rewards points at the cafe chain. Under the tie-up, JetPrivilege members will be able to earn 5 JPMiles on every Rs 100 spent (exclusive of taxes) at any of the Barista cafes, Jet said in a statement. "Opportunities to engage with premium brands are...
05:18 PM, Mar 19, 2012
Mumbai: Tax authorities have warned top Indian carrier Jet Airways its bank accounts will be frozen if it does not clear outstanding dues of about 690 million rupees, local media reported on Sunday. "They have 24 hours to make the payment, failing which their accounts will be frozen," SK Goel, chairman of the Central Board of Excise and Customs, was quoted by the Business Standard newspaper as saying. In a...
01:31 AM, Mar 12, 2012
New Delhi: After Kingfisher it's financial trouble for Jet Airways on the ground. Jet Airways has failed to deposit service tax dues worth Rs 35 crore for February. The airline was supposed to have filed the dues latest by March 6. Jet Airways has acknolwedged the delay and has promised to clear the dues along with interest by Monday. Jet Airways has not paid a total of about Rs 69...
06:13 PM, Mar 10, 2012
Mumbai: The financial trouble plaguing the aviation sector seems to have impacted the country's largest private airline Jet Airways as well, with the pilots meeting the top management on Thursday over delayed salaries. According to sources, chairman Naresh Goyal met senior pilots at his residence at Peddar Road in Mumbai on Thursday afternoon and reportedly assured them of timely payments. For the past few months, salaries have been officially delayed...
09:58 AM, Mar 09, 2012
New Delhi: After Kingfisher Airlines, trouble is brewing in Jet Airways. The pilots will wear black arm bands to work to protest delay in salaries. The salaries of Jet Airways staff has been getting delayed by 15 days every month. Reports suggest the staff has been receiving its salaries 15 days later than usual. Recently, Jet Airways had sought additional working capital from the government and enhanced credit period with...
09:26 AM, Mar 07, 2012
Mumbai: The on-time performance report of flights at the city airport for January 2012 reads like entries made in the school diary of a habitual adolescent latecomer, except that the latter is more innovative. The excuses run the whole gamut, from the very grave to the mildly serious to the somewhat frivolous and the rather hard to digest. They are repetitive, some cited as often as over 300 times. And...
12:56 PM, Mar 03, 2012
Mumbai: For the last two months, an 80-year-old woman has been waiting for a reply to one seemingly simple question: why did an attendant -- who had been appointed for the express purpose of wheeling her out of the airport and into the arrivals section -- abandon her in her wheelchair for over two hours in the middle of a sprawling Mumbai airport, with no explanation? "The wheelchair arrived half...
03:21 PM, Mar 01, 2012
New Delhi: After Kingfisher Airlines, now India's largest private carrier Jet Airways is in need of money. Sources say Jet Airways has asked lenders for additional working capital loans of $ 200 million. The company also needs funds as it expanded its operations by 18 per cent in 2012. Jet Airways now requires funds for expansion of domestic operations and also for fleet expansion. Jet Airways already has a debt...
03:34 PM, Feb 29, 2012
