Day: March 28, 2019

Jet Airways may have 80% fleet flying by April-end: Pradeep Kharola

March 28, 2019

NEW DELHI: Financially-troubled Jet Airways on Tuesday assured the government that it will not ground any more aircraft and strive to increase the seat-capacity in coming weeks. “They (Jet Airways) have assured us that no more jets will be grounded. Today, 35 planes are flying,” said Pradeep Singh Kharola, Secretary in the Ministry of Civil […]

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The Curious Case Of Jet Airways’ Balance Sheet: Why Was Company Spending So Much On Sales?

March 28, 2019

Contrary to the commonly held perception that Jet Airways suffered huge losses due to the rising cost of fuel and on account of offering seats below its production cost, the company’s balance sheets show abnormally high expenses on sale and distribution as one of the major reasons for its poor financial health. The company’s filings […]

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Tatas investing in aviation, buy stake in GMR

March 28, 2019

New Delhi/Mumbai: After airlines, the Tata Group is making a foray into airports. The conglomerate will invest Rs 3,555 crore for a 20% stake in GMR Airports, which runs the Delhi International Airport, the country’s biggest and Asia’s sixth largest. The proposed stake-purchase has been routed through Tata Sons, which also owns majority stakes in […]

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Boeing 737 MAX Makes Emergency Landing After Engine Issue During Transfer

March 28, 2019

WASHINGTON: A Boeing 737 MAX aircraft operated by Southwest Airlines made an emergency landing Tuesday after experiencing an engine problem as it was being ferried from Florida to California, the US Federal Aviation Agency said. “The aircraft returned and landed safely in Orlando,” the FAA said in a statement, adding that no passengers were on […]

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F-16s escort Mumbai-Singapore flight after bomb threat

March 28, 2019

Singapore/New Delhi: A Singapore Airlines flight from Mumbai to Singapore with 263 passengers on board Tuesday received a bomb threat, prompting Singapore Air Force to send two F-16s to escort the aircraft. The flight landed safely at Singapore’s Changi International Airport on Tuesday around 8 am (local time), the airline added. “Singapore Airlines confirms there […]

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Air India Recruitment Alert 2019: Apply for 109 Cabin Crew & other posts via airindia.in

March 28, 2019

Air India AASL has invited candidates to apply for Cabin Crew, Supervisor and other posts. Candidates who want to apply for the post can visit the official site of Air India at airindia.in and apply. The last date to apply for the post is till April 19, 2019. A total of 109 posts of Cabin […]

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Expect Buyer for Jet Airways by May 31, Says SBI Head After Naresh Goyal Exits Board

March 28, 2019

New Delhi: State Bank of India (SBI) Monday said that it expects investors or buyer for the cash-strapped Jet Airways by the end of May and promoter Naresh Goyal has option of increasing his stake in the beleaguered airline to beyond 25 per cent in the future. Consortium of lender led by the SBI has […]

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Jet Airways to fly 75 planes from April 26

March 28, 2019

A day after the exit of founding chairman Naresh Goyal from its board, Jet Airways seems to be in high spirits and has submitted to the government an ambitious plan of flying 75 aircraft from April 26. “We met the management of Jet Airways today… all top officials from finance, commercial department, engineering etc were […]

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‘Fake news’: UN aviation body blocks online climate critics

March 28, 2019

The UN’s aviation body is blocking climate critics on Twitter, accusing them of “fake news” and “spam”. A number of campaigners and researchers complain they have been barred from following the International Civil Aviation Organization (Icao) account, after posting messages about aviation emissions. Icao’s combative approach to public engagement has drawn wider criticism, with environmental […]

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