Aug 14, 2014 at 09:04 | Source: Reuters
The competition in the full-service sector is heating up with no guarantees there will be enough passengers willing to pay higher prices to sustain three carriers in a market where low-fares dominate and where airlines struggle to make a profit.
Jul 23, 2014 at 14:53 | Source: PTI
"We plan to reduce losses in 2015, consolidate in 2016 and turn profitable in 2017.... We are already on track as our international business has turned profitable. We now have to take our business forward," Jet's CEO designate Cramer Ball told a press conference here.
Jul 23, 2014 at 12:53 | Source: CNBC-TV18
Airline to start non-stop frequent flights to Middle East and SAARC countries. There are also plans to ramp up the long haul non-stop flights to Europe.
Jul 23, 2014 at 12:11 | Source: Moneycontrol.com
Attorney-General Mukul Rohtagi has said that there was enough evidence with the agency to file charge sheet against former Telecom Minister Dayanidhi Maran and his brother Kalanithi in the Aircel-Maxis deal case.
Jun 25, 2014 at 19:36 | Source: PTI
Alitalia is weighed down by huge debt. Dealing with this is believed to have been a big sticking point in the negotiations which began at the end of last year.
Jun 19, 2014 at 13:43 | Source: PTI
The deal, which involves purchase of a 24 percent stake in Naresh Goyal-led Jet for about Rs 2,060 crore by Etihad and other tie-ups, has been going through turbulent times ever since it was announced more than a year ago in April 2013.
Jun 01, 2014 at 16:27 | Source: PTI
Jet was earlier planning to induct these wide-bodied planes, which are on lease with Turkish Airlines and will be coming back by October this year on completion of the lease period.
May 29, 2014 at 21:49 | Source: PTI
The expansion will also enhance the position of Jet Airways' hub in Mumbai and Delhi with convenient mid-point option for traffic flowing between the Gulf, Middle East, Europe, America and Asia, Jet said.
May 28, 2014 at 09:53 | Source: Moneycontrol.com
It said "tough decisions (have been) taken to clean up balance sheet and lay foundations for healthy financial future", while steps are being taken for new network and fleet plans along with "significant product enhancements".
May 27, 2014 at 21:12 | Source: PTI
The carrier, to be headed by Australian national Cramer Ball (formerly with Etihad) as its new CEO going forward, posted a net loss of Rs 2,153 crore for the quarter ended March 31, 2014, while its consolidated loss for the full fiscal widened to Rs 4,129 crore.