Journalism of Courage
JET Airways
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Jet Airways: A Rise, Fall, and Final Demise Jet Airways, once a dominant player in India's aviation sector, commenced operations in 1993, evolving from an air taxi service to a full-service airline by 1995. International flights were added in 2004, followed by an initial public offering in 2005. The...
- Founded 1 April 1993
- Headquarters Mumbai, Maharashtra, India
- Key people Murari Lal Jalan (non-executive Chairman)
- Revenue ₹252 billion (US$2.9 billion) (FY 2017-18)
- Subsidiaries JetKonnect
- Website www.jetairways.com
Related Other Pages:
- Vistara, SpiceJet and Air Canada
JET Airways history
Last Updated : 11/03/25, 07:03 AM
Jet Airways: A Tumultuous Journey Jet Airways, granted scheduled airline status in 1995, rapidly expanded its domestic network. Early success saw it secure a significant market share, fueled by a substantial Boeing aircraft order. The airline's trajectory changed in 1997 when the Indian government r...
JET AIRWAYS NEWS
Hinduja Group evaluating bid for debt-laden Jet Airways, shares rise
May 21, 2019 4:32 pm
Jet Airways, once the biggest private carrier in the country, owes vast sums to its lessors, employees, fuel suppliers and other parties. It stopped all flights from April 17 after its lenders refused to give it any more funds to keep the carrier flying.
Jet’s overseas rights on some routes allocated to other airlines
May 18, 2019 1:35 am
“At this stage, we are in the process of securing the necessary approvals to operate into China, and as soon as we receive all the requisite permissions from the government to operate, we will inform our key stakeholders accordingly,” the spokesperson said.
Efforts to revive Jet Airways are futile. A hard assessment is needed to understand its debacle, pin accountability
May 17, 2019 1:02 pm
There is so much pontification now about selling the airline. But what is left for a buyer? An airline’s main assets are its aircraft, flying rights, slots, parking rights and its personnel. Parking rights and slots in Mumbai and Delhi, and in cities abroad are priceless assets.
Jet Airways shares continue to fall for 3rd day; tank nearly 7 per cent
May 15, 2019 2:22 pm
On the NSE, shares slumped 6.90 per cent to Rs 120. In top level exodus at grounded Jet Airways, four senior executives have quit the ailing airline.
Jet Airways shares sink after top executives quit
May 15, 2019 9:41 am
CEO Vinay Dube, head of finance Amit Agarwal and head of human resources Rahul Taneja quit within a span of 24 hours after Jet failed to receive a concrete deal offer.
Explained: Why airfares are likely to remain at elevated levels till July 2019
May 15, 2019 9:07 am
Following banks’ refusal to inject funds into the airline for immediate requirements, Jet Airways suspended operations on April 17. This pulled out almost one in six aircraft from Indian skies.
Setback to revival plan: Jet Airways CEO, CFO quit as banks struggle to find investor
May 15, 2019 3:11 am
Sources said that the latest bid from Etihad Airways disappointed lenders with the Abu Dhabi-based airline putting up stiff conditions, including a debt write-off, bringing in another investor and exemption from an open offer.
David Flood interview: ‘Jet Airways collapse a short-term shock for Irish leasing companies’
May 13, 2019 4:08 am
David Flood, director of India and South Asia for Enterprise Ireland said that the Jet Airways episode is being seen as a short blip in a market otherwise poised to grow.
Air India offers 'hefty discounts' on last-minute bookings
May 10, 2019 9:44 pm
The announcement comes as soothing news for air travelers who have to shell out more money as the airline industry grapples with the after-effects of the grounding of Jet Airways.
RoC finds complex fund trail, violations of Cos Act in Jet Airways books
May 10, 2019 3:54 am
Government could direct the Serious Fraud Investigation Office to probe the suspected siphoning off of funds by its promoters.
