Latest Articles in aviation
DGCA To Seek Credible Revival Plan From Jet Airways, Says Official
After weeks of uncertainty, Jet Airways on Wednesday announced temporary suspension of its operations.
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Grounded Jet Airways' Shares Sink, Rivals Rush To Grab Market Share
Investors punished Jet shares as trading opened on Thursday, driving them down 34 per cent in their biggest intraday fall. The company is worth about $260 million now, versus $1.6 billion at its peak in 2005
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Jet Airways Faces Imminent Shutdown Without Emergency Funds
Bankers and an Indian govt official said lenders are trying to line up funds to keep aloft the once-dominant Indian airline
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Naresh Goyal Opts Out From Bidding For Ailing Jet Airways
The full service carrier, which is currently operating less than 10 aircraft, is awaiting fresh fund infusion under a debt resolution plan
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Indian Oil Halts Fuel Supply To Jet Airways Over Non-Payment Of Dues
This is the second time the refiner has halted fuel supplies to crisis-stricken Jet, which is saddled with over $1.2 billion in debt and owes money to banks, aircraft lessors, suppliers, pilots and others
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DGCA Requests Airlines To Augment Number Of Flights
For the last few weeks, the cash-strapped Jet Airways has been grounding its aircraft due to non-payment of dues to its lessors
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Going Regional Is The Way Forward
The Regional Connectivity Scheme, which offers fares and facilities to let the common citizens of the country fly, is here to stay irrespective of the outcome of the next general elections
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After Railway Tickets, Now Boarding Pass Of Air India Have PM Pics; Airline Says Looking Into It
The airline said the passes featuring the photographs, which were third-party advertisements, would be withdrawn if they are found to be in violation of the Model Code of Conduct
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Government Asked Banks To Save Jet, Avoid Bankruptcy
New Delhi has urged state-run banks to convert debt into equity and take a stake in Jet in a rare move in India to use taxpayer money to save a struggling private-sector company from bankruptcy
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DGCA Calls Meeting With Airlines On Tuesday To Discuss Rising Airfares
DGCA has called a meeting at Tuesday noon to discuss the airfare rise because of significant number of cancellations done by Jet Airways in the last few weeks
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Jet Airways Grounds Its Operations In Abu Dhabi Airport
Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March
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IndiGo To Start Daily Flights On Three New Routes From April
The carrier also said that April onwards, it will add more flights on the Chennai-Trivandrum, Bengaluru-Mangalore, Bengaluru-Udaipur and Bengaluru-Chennai routes
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Boeing Suspends 737 MAX Deliveries As France Probes Black Boxes
France's BEA air safety agency confirmed it has received the black box recorders from the plane, which was just four months old and crashed minutes after takeoff from Addis Ababa on Sunday
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Decision On Funding To Jet Airways Will Be On Collective Basis, Says PNB
PNB had approved Rs 2,050 crore of emergency funding to Jet Airways, for which lenders are considering a resolution plan under Project Sashakt
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SpiceJet Cancels 14 Flights For Wednesday As DGCA Grounds Boeing 737 Max Aircraft
The decision came days after a 737 MAX 8 aircraft operated by the Ethiopian Airlines crashed near Addis Ababa killing 157 people, including four Indians
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