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
Jet Airways suspends operation: A peek into the past of one of the pioneers of India's private aviation industry
April 18, 2019 7:04 am
As low-cost airlines made their way into India's civil aviation sector in the 2000s, Jet Airways decided to lower the fares drastically. The losses and the resulting debt grew throughout the past decade, and Jet Airways began defaulting on loans.
After over 25 years, Jet Airways will ground itself tonight with Amritsar flight
April 18, 2019 7:01 am
The last flight will be Amritsar-Mumbai-Delhi at 10:30 pm tonight.
Jet Airways full statement on ‘temporary suspension of operations’
April 18, 2019 7:02 am
The consortium of banks refused to provide Jet Airways with the Rs 400 crore in emergency funds that the airline was seeking to stay operational.
Jet Airways surrenders all operating slots from Pune, employees not paid for 1-2 months
April 17, 2019 8:27 am
Nearly 150 employees that the airlines has in Pune are reported to have not received their salaries for the last one or two months, just like their colleagues elsewhere.
As lenders discuss future, 16,500 employees of Jet Airways are on a wing — and a prayer
April 17, 2019 7:04 am
Jet Airways crisis: The oldest private airlines, that once had a fleet of 123 carriers, has suspended its international operations till April 18 with seven domestic flights operational until Tuesday.
Jet Airways crisis deepens: Fleet down to five, airline asks for Rs 400 crore emergency funding
April 17, 2019 4:42 am
According to airline sources, while the company has sought Rs 1,000 crore, they are hopeful that banks will extend Rs 400 crore immediately to keep the airline flying.
DGCA asks airlines to stabilise airfares as prices shoot up on reduced capacity
April 17, 2019 12:55 am
Jet Airways, which operated a fleet of 123 at its peak till a few months ago, is now flying only five aircraft due to lack of funds to remain operationally afloat.
Indigo to add 18 new flights on Mumbai-Delhi route after Jet Airways cuts down operations
April 16, 2019 10:20 pm
In a board meeting on Tuesday, the Jet Airways management proposed to suspend all operations of the debt-laden airline, an ET Now report said citing sources.
Operating just 5 planes, Jet Airways has sought emergency funds: Civil Aviation Secy
April 16, 2019 8:26 pm
Separately, the civil aviation ministry would convene meetings of representatives of airlines and airports on April 18 to discuss capacity expansion, rising airfares and other issues.
Jet Airways could 'suspend' operations as ex-chairman Naresh Goyal opts out of bidding
April 16, 2019 4:54 pm
The full-service carrier, which is currently operating less than 10 aircraft, is awaiting fresh fund infusion under a debt resolution plan.
