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April 19, 2019 2:17 am
Employees of Jet Airways decide to report for work, vote NOTA or abstain
April 20, 2019 2:46 pm
The suspension of operations at Jet Airways — at one time India’s largest private airline — announced Wednesday, follows the troubles at Kingfisher, Air Deccan, and Sahara. A short history of hope and distress in a highly competitive market over the last 30 years.
April 19, 2019 8:58 am
What is the road ahead? Whether Jet Airways — a symbol of the 1991 economic reforms much like Airtel or Infosys — will fly again will be known only when the current bid process concludes on May 10.
April 18, 2019 10:41 pm
Passengers holding confirmed RT tickets on Jet Airways will be allowed to avail special stranded passenger fares from the destinations common with Air India, it said.
April 18, 2019 9:45 pm
The national carrier is looking at leasing five of the grounded carrier Jet Airways Boeing 777s and operate them to London, Dubai and Singapore.
April 18, 2019 11:56 am
Market analysts said the decline in the stock was largely a knee-jerk reaction of the temporary suspension of operations for the struggling airline.
April 18, 2019 8:58 am
In a statement released on Thursday, the lenders said, "The lenders after due deliberations decided that the best way forward for the survival of Jet Airways is to get the binding bids from potential investors who have expressed EOI and have been issued bid documents on 16th April."
April 18, 2019 3:26 pm
State Bank of India had this week said the bid process for “orderly sale” of equity in the airline is currently being run by SBI Caps and is being vetted by the legal team.
April 18, 2019 6:42 am
Stating that the airlines is unique because its employees are “unique” even at a time when the management struggled to generate interim funding, Dube said, “We must be given another chance”.
April 18, 2019 7:03 am
While a chunk of Jet’s employees started looking for jobs at rival airlines — many even taking a pay cut — for the airlines a race to fill the void left by Jet has begun.