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British carrier Virgin Atlantic Tuesday announced the resumption of its daily services to the city from London's Heathrow, starting October, after discontinuing its flights to the city four years back.
Shares of grounded Jet Airways surged nearly 15 per cent on Tuesday after diversified Hinduja Group said it is evaluating the opportunity to invest in the airline.
A Jet insider now estimates that the staff strength of the airline could have come down by half in over one month.
Unimpressed by IndiGo's suggestion to allot grounded Jet Airways' unused slots in proportion to the fleet size of rival carriers, the government has decided to give higher seat quota on foreign routes to the carriers launching flights on unserved sectors or those witnessing spike in air fares.
Around mid-April due to acute liquidity crisis, the airline temporarily seized operations. Most of the airline's board members have also quit in the last one month.
The State Bank of India-led consortium of lenders to Jet Airways Friday said it has received bids from Etihad Airways and from a few unsolicited parties to acquire stake in the grounded airline.
In Jet Airways' preliminary probe, Registrar of Companies RoC (Mumbai) told the MCA that it has found violation of Companies Act and unaccounted investments, official sources said, adding the natural way forward is an SFIO probe .
According to the International Air Transport Association (IATA), India's domestic air passenger volume -- measured in revenue passenger kilometres (RPKs) grew at 3.1 per cent in March, down from February's growth of 8.3 per cent and well off the torrid five-year average growth pace of close to 20 per cent per month.
HDFC, one of the lenders to the now-grounded Jet Airways has decided to put Mumbai-based prime office property of Jet Airways on sale airline failed to repay Rs 415 crore in April, a media report said.
Jet Airways' ex-Chairman Naresh Goyal has penned another emotional letter to employees, reigniting hopes of reviving the now defunct airline.
As Jet Airways turned 26 on Sunday, hundreds of employees of the now shuttered airline gathered at the airport here continuing with their pleas for saving the carrier.
A group of frequent flyers of the embattled Jet Airways has approached key lenders including SBI, ICICI to submit Revival Of Jet Airways or Roja plan.
The Delhi High Court has issued a notice to Jet Airways on plea seeking refund of airfares to passengers affected due to the temporary suspension of flights.
In one of its largest hiring exercise since it began operations over three years back, the premium carrier Vistara is hiring around 500--100 pilots and 400 cabin crew--mostly from the grounded Jet Airways, say industry and airline sources.
In continuing woes for staff, Jet Airways has said there are no funds to pay premium for the group mediclaim policy that expires on Tuesday.
As uncertainty continues over the fate of the shuttered Jet Airways, an employees' consortium has proposed to take over the airline with at least Rs 3,000 crore expected from outside investors for the bid, according to two staff unions.
Employee of embattled Jet Airways ended his life by jumping off the roof of his apartment, say reports
Here are 10 points that explain how Jet Airways went from top airline to near bankruptcy
A Jet Airways employees' union has asked aviation regulator DGCA to stop allocation of the airline's slots to other carriers till the bidding process for stake sale is complete.
According to industry insiders, nine India based banks and two international lenders are expected to suffer major write-off with one of the interested parties asking for over 80 per cent write-off
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