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April 20, 2019 4:51 pm
Cash-starved Jet Airways, which has around 23,000 employees, has delayed payment of salaries to the employees, including pilots.
April 20, 2019 4:19 am
According to sources, a number of pilots and cabin attendants that have joined low-cost carriers like SpiceJet and IndiGo at a significant pay cut.
April 20, 2019 9:30 am
Reliance is not among the parties that submitted an Expression of Interest (EoI) to the lenders for acquiring Jet Airways. One source, who did not wish to be identified, said it may join UAE-headquartered Etihad Airways in its bid at a later date
April 19, 2019 10:32 pm
Jet has offered to offload between 32.1 per cent to 75 per cent stake to an eligible investor after evaluating all bids. Till now, the lenders have received expression of interest (EoI) from four-five parties. The process is expected to conclude by May 10.
April 19, 2019 9:32 am
Air India’s Chairman and Managing Director Ashwani Lohani said: “In tune with Air India’s role and responsibilities as the national carrier, we would be happy to alleviate this inconvenience by considering the possibility of operating a few B777 aircraft, on their established routes.”
April 19, 2019 3:09 am
Jet Airways said it was informing all its passengers about the suspended flights via text, phone calls or other avenues, and would also refund the ticket money. The airline has issued a list of instructions on its website for the refund process.
April 19, 2019 2:42 am
As many as 440 slots that are vacant at Delhi and Mumbai airports will be reallocated to other airlines on an interim basis through a “rational, fair and equitable” manner, Kharola said.
April 19, 2019 2:27 am
“This is our last flight. The operations have been temporarily suspended. We hope to fly again soon. When we do, do book with us.”
April 19, 2019 2:42 am
If bidding process fails, airline to be taken to bankruptcy court.
April 19, 2019 2:21 am
A Mumbai Central resident earns Rs 35,000 monthly by lifting cargo. His March salary remains pending, and there are four stomachs to feed.