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Prince Mathews Thomas

Chief Of Corporate Bureau

Moneycontrol

Prince Mathews Thomas heads the corporate bureau of Moneycontrol. He has been covering the business world for 16 years, having worked in The Hindu Business Line, Forbes India, Dow Jones Newswires, The Economic Times, Business Standard and The Week. A Chevening scholar, Prince has also authored The Consolidators, a book on second generation entrepreneurs.

Pilot exodus from Jet Airways; 100 de-board in 10 days

BUSINESS

Pilot exodus from Jet Airways; 100 de-board in 10 days

A total about 350 pilots have left the distressed airline

Setback for Jet Airways, banks refuse interim funding

BUSINESS

Setback for Jet Airways, banks refuse interim funding

The Jet Airways board will meet on April 16 to consider the future course of action.

How much will Rs 1,500 crore from lenders help Jet Airways?

BUSINESS

How much will Rs 1,500 crore from lenders help Jet Airways?

The company spends Rs 7,000 a year on fuel alone

Jet Airways suspends international operations until April 15; receives some more EoIs as deadline ends

BUSINESS

Jet Airways suspends international operations until April 15; receives some more EoIs as deadline ends

There are no funds to continue the international operations, say company officials

It's not TGIF at Jet Airways given unrest among employees, skeletal services and last day to submit EoIs

BUSINESS

It's not TGIF at Jet Airways given unrest among employees, skeletal services and last day to submit EoIs

Employees, including ground staff, will gather at Jet Airways’ headquarters to get clarity on their unpaid salary dues

Jet Airways fleet down to 12, international flights curtailed

BUSINESS

Jet Airways fleet down to 12, international flights curtailed

The Civil Aviation Ministry and Directorate General of Civil Aviation (DGCA) are monitoring the operational situation of the airline to ensure compliance with overseas flying rules.

Vodafone Idea banks on synergy benefits to guard market share

BUSINESS

Vodafone Idea banks on synergy benefits to guard market share

The company is hoping its 2G customers make the transition to 3G and 4G networks, thereby improving its average revenue per user.

Jet Airways pilots union sends notice to CEO over unpaid salaries

BUSINESS

Jet Airways pilots union sends notice to CEO over unpaid salaries

The union has threatened to take action if the dues are not settled by April 14.

Cramer Ball, former CEO of Jet Airways, spearheading Etihad's bid

BUSINESS

Cramer Ball, former CEO of Jet Airways, spearheading Etihad's bid

The now Etihad Airways Senior Adviser has been in talks with Jet's lenders.

Seeking value, lenders move NCLT to extend bid deadline for Asian Colour Coated Ispat

BUSINESS

Seeking value, lenders move NCLT to extend bid deadline for Asian Colour Coated Ispat

JSW Steel was the sole bidder for the bankrupt company

Jet Airways fleet now down to 26, it lowest in nearly 20 years

BUSINESS

Jet Airways fleet now down to 26, it lowest in nearly 20 years

This is the airline's smallest fleet since the turn of the century

Down to less than 35 aircraft, Jet Airways offers sabbatical to pilots

BUSINESS

Down to less than 35 aircraft, Jet Airways offers sabbatical to pilots

Pilots offered to take a 'long break' until September.

EU probe: Tata Steel's UK units may be put on the block to clear JV with thyssenkrupp

BUSINESS

EU probe: Tata Steel's UK units may be put on the block to clear JV with thyssenkrupp

UK unit may sell its packaging and electrical steel units.

With no salary coming, Jet Airways' pilots may go on strike from April 1

BUSINESS

With no salary coming, Jet Airways' pilots may go on strike from April 1

Banks haven't transferred the promised funding, because of which salaries couldn't be cleared

Is the worst over for Jet Airways? Green shoots appear

BUSINESS

Is the worst over for Jet Airways? Green shoots appear

The expat pilots have been asked to go on leave of absence from April 1 till further notice.

600 people, 100 types of equipment, and a bit of 'chicken parade': What went behind repair of one of world's busiest runways

BUSINESS

600 people, 100 types of equipment, and a bit of 'chicken parade': What went behind repair of one of world's busiest runways

Since February, the runway at Mumbai's Chhatrapati Shivaji Maharaj International Airport was partly closed for three days a week for repair work

Jet Airways to get back its fleet within two months

BUSINESS

Jet Airways to get back its fleet within two months

"Two to three aircraft are expected to be released daily once the payment is done to the lessors," a senior executive from the airline told Moneycontrol.

200 Jet Airways pilots may switch to SpiceJet, IndiGo cockpits

BUSINESS

200 Jet Airways pilots may switch to SpiceJet, IndiGo cockpits

The pilots may be inclined to take up the SpiceJet offer as the airline's aircraft mix is similar to that of Jet Airways. Accepting an IndiGo package means the pilots will have to undergo retraining, which may require them to sign a three-year bond to service the carrier, sources said

Jet Airways Rescue Plan: Lenders to take control, Goyal asked to step down

BUSINESS

Jet Airways Rescue Plan: Lenders to take control, Goyal asked to step down

Sources say Tata Sons have been approached to rescue Jet Airways

Prashant Jain: Waiting for that '90-second moment' in JSW Energy's acquisition plans

BUSINESS

Prashant Jain: Waiting for that '90-second moment' in JSW Energy's acquisition plans

The company is said to be eyeing assets in the power sector, both within and outside the insolvency courts

IndiGo pilot recruitment roadshows put spotlight on Jet Airways cockpit

BUSINESS

IndiGo pilot recruitment roadshows put spotlight on Jet Airways cockpit

The country's largest airline doles out offers at its recruitment roadshows. One held in Gurugram, another planned later this week in Mumbai

DGCA grounds Boeing 737 Max aircraft

BUSINESS

DGCA grounds Boeing 737 Max aircraft

SpiceJet announced it has taken off the model from service

Ethiopian Airlines crash: As Boeing 737-Max 8 aircraft get grounded globally, demand rises for same in India

BUSINESS

Ethiopian Airlines crash: As Boeing 737-Max 8 aircraft get grounded globally, demand rises for same in India

DGCA guidelines also invite ridicule

Naresh Goyal may step down, but is far from deboarding Jet Airways

BUSINESS

Naresh Goyal may step down, but is far from deboarding Jet Airways

Even after the resolution deal, the founder Chairman will continue to have a huge influence over the airline

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