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Friday, February 28, 2020

JET airways


Weak demand, Jet collapse: Single digit growth in domestic passenger traffic in 2019, a first in 5 years

January 21, 2020 7:22 am

In 2018, passenger traffic growth was recorded at 18.60 per cent over the previous year, while in 2017 passenger traffic grew at 17.31 per cent.

IDBI Bank, IOB seek exemption from releasing funds for Jet Airways insolvency

January 09, 2020 1:31 am

IDBI Bank has filed an application with the NCLT seeking exemption from paying for Jet’s insolvency process. The Bench directed both IDBI Bank and IOB to approach the Reserve Bank of India (RBI) on the matter.

Jet Airways shares gain 5 per cent as Hinduja Group likely to bid for the airline

December 31, 2019 12:56 pm

As per media reports, the UK-based Hinduja Group plans to submit an expression of interest by the January 15 deadline, signalling its intent to make a formal offer.

NCLT okays extension of 90 days for Jet insolvency resolution

December 21, 2019 6:20 am

Jet Airways was admitted for insolvency on June 20, after lenders failed to sell the grounded airline. The 180-day deadline as stipulated under the Insolvency and Bankruptcy Act, 2016, for the resolution of the airline ended on December 16.

23,403 flights a week this winter schedule, 1.2% more than last yr

October 19, 2019 1:15 am

The highest growth over last year’s schedule in percentage terms was witnessed by full-service carrier Vistara, which will operate 1,376 flights per week compared with 838 flights a week last year, representing a growth rate of 64.2 per cent.

NCLAT allows Dutch court administrator to attend Jet Airways CoC meets

September 27, 2019 4:00 am

The order assumes significance as the Insolvency and Bankruptcy Code 2016 does not deal with cross-border insolvency, which means when insolvency proceedings are moved against the same company in two different countries.

Insolvency proceedings: Disburse Rs 63 crore in 15 days, NCLT tells Jet Airways creditors

September 26, 2019 4:43 am

Passing an oral order, a two-member Mumbai Bench of the tribunal noted that the resolution professional (RP) is facing “ tremendous hardship” due to unavailability of funds.

Mumbai airport awaits takers for international slots of Jet Airways

September 21, 2019 8:16 am

A slot implies a specific date and time when a flight can depart or arrive at a specified airport.

ED questions Naresh Goyal in foreign exchange violations case

September 06, 2019 4:16 pm

The agency has also questioned a few top officials of Jet Airways in connection with its FEMA case.

NCLAT asks Jet RP to cooperate with Dutch court administrator

September 05, 2019 4:04 am

The appellate court has asked the RP to submit within two weeks a draft agreement between him and the administrator on claims from Jet Airways.


'Where are my clipped wings,' Jet Airways' employees protest after airline grounded

April 19, 2019 9:47 am

The airline will need at least Rs 5,000-6,000 crore for revival and get back to normalcy. The company said it will now await the bid finalisation process by SBI and the consortium of Indian lenders.

Passenger coach rams into stationary Air India plane in Kolkata

December 22, 2015 3:55 pm

Jet Airways passenger bus rams into stationary Air India flight at Kolkata airport, no casualties.

Smriti Irani at Children's Day celebrations

November 14, 2014 5:49 pm

Former cricketer Sachin Tendulkar met with under-privileged children at a domestic airport terminal in Mumbai on the eve of Children’s Day on Thursday (November 13).


Passengers on Jet Airways flight suffer ear, nose bleeding after crew forget to maintain cabin pressure

September 20, 2018 3:20 pm

The passengers on a Jet Airways Mumbai-Jaipur flight suffered nose and ear bleeding on Thursday after the crew forgot to maintain cabin pressure. The flight had to turn back and the crew was taken off duty.

How often our airlines experience technical snags: News in Numbers

July 30, 2018 2:56 am

Domestic airlines have reported the number of technical snags they have experienced. Of them all, IndiGo's numbers jump out, because it first reported 340 odd snags and when rivals reported the number suspect, it was revised to over 14,000 snags.

Kavita Krishnamurthy opines on Sonu Nigam's Jet Airways row

February 09, 2016 8:17 am

New Delhi, Feb 8 (ANI): Speaking on the on-going Sonu Nigam's Jet Airways controversy, singer Kavita Krishnamurthy supported her counterpart, saying that suspension was a harsh decision. Sonu Nigam recently made headlines for performing on medley of songs on the Jet Airways flight, following which the airline has suspended the entire cabin crew of that flight. The 'Bole Chudiyan' songstress, who has worked with a variety of music composers including R. D. Burman, Hamsalekha and A. R. Rahman, was recently spotted at a musical night 'Basant Ke Rang' held in the national capital. Others who performed at the event were singer Shabir Kumar, and `Uttaran` famed TV star Sreejita among others.