Major relief for Jet Airways, SpiceJet and IndiGo as govt announces excise duty cut on jet fuel from 14% to 11%
Business | Oct 11, 2018, 01:04 PM ISTThe shares of major aviation stocks surged by nearly 14 per cent on Wednesday.
The shares of major aviation stocks surged by nearly 14 per cent on Wednesday.
The Naresh Goyal-controlled airline is struggling to mop up funds to meet its payment obligations, including salaries to its over 16,000-strong workforce.
At least 30 passengers suffered ear and nose-bleed soon after the flight 9W 697 took off from Mumbai as the cabin crew forgot to select the switch which maintains cabin pressure.
"Jet Airways is committed to honour its obligations towards its employees and has already paid salaries on time to 84 per cent of its employees," a Jet Airways spokesperson said in a statement.
Jet Airways, which is grappling with financial woes, today said the Registrar of Companies (RoC) has sought explanations from the airline following receipt of a complaint.
Our account with all the banks as on date is 'standard'," said a Jet Airways spokesperson in a statement.
The decision to roll back pay cut proposal was taken during a meeting addressed by the airline's CEO Vinay Dube with a group of employees late last week.
The Directorate General of Civil Aviation (DGCA) has suspended the flying license of two Jet Airways pilots for trying to take off an aircraft from a taxiway parallel to the runway at Riyadh airport in Saudi Arabia
The incident affected flight 9W523 with 142 passengers and seven crew members. There were no casualties or injuries.
Author Suhel Seth was one of the passengers on the flight. He took to social media and complained about the schedule.
Naresh Goyal-promoted Jet Airways and signed a formal agreement with Boeing Co to acquire an additional 75 latest single-aisle 737 Max aircraft valued at USD 8.8 billion at current list prices
Here are some of the eye-boggling discount deals offered by some of the prominent air carriers.
Under the revised civil aviation requirement (CAR), a passenger can be considered to be placed under three categories of unruly behaviour, with category three bearing the harshest punishment.
The new service is the first non-stop service connecting India's financial capital Mumbai and Manchester, the third largest city in the United Kingdom.
Here are some offers provided by leading airline carriers to ensure passengers can get a hassle-free travel experience.
No one was injured in the incident that took place around 8 pm when the Jet airways flight, coming from Dubai, arrived at the Terminal 3 of the Indira Gandhi International (IGI) Airport.
"No passenger was injured during the accident," a senior official said, even as the airport sources described the incident as "minor" in nature.
Airport Director AK Sharma said all the passengers are safe and "we are fully prepared to handle any emergency situation".
Indian authorities had taken up the issue with the Saudi authorities and the decision not to retain the passport of the crews of Indian airlines came into effect from mid-February this year, the Air Indian spokesperson said.
According to reports, the government is moving ahead with the strategic disinvestment of Air India and that it is soon expected to invite Expression of Interest (EoI) from the bidders.
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