Setback for IndiGo, Jet's unused flight quota to be shared equitably
5 years, 10 months ago

Setback for IndiGo, Jet's unused flight quota to be shared equitably

India TV News  

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. Civil aviation secretary Pradeep Singh Kharola chaired a meeting with top airlines CEOs on Friday to discuss re-allocation of unused foreign rights of Jet Airways. Preferring Air India over the private carriers, the civil aviation ministry earlier this week decided to allot about 5,700 weekly seats to the airline out of grounded Jet Airways' unused quota on the lucrative India-Dubai route. The state-run airline would be launching new flights to Dubai from Delhi and Mumbai from June 1 utilizing the fresh seats allocated to it out of Jet's unused rights.

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History of this topic

Air India to operate 64 repatriation flights from May 7, private airlines may join later: Govt
4 years, 10 months ago

Air India to operate 64 repatriation flights from May 7, private airlines may join later: Govt

India Today  

Air India will operate 64 flights from May 7 to May 13 to bring back around 15,000 Indian nationals stranded abroad amid the Covid-19-induced lockdown, Civil Aviation Minister Hardeep Singh Puri said on Tuesday. Hardeep Singh Puri, while addressing a virtual press conference, said private Indian airlines may join the repatriation effort after May 13. India will conduct 10 flights …

Jet Airways’ flying rights with 5 countries temporarily allocated to Air India: Government
5 years, 9 months ago

Jet Airways’ flying rights with 5 countries temporarily allocated to Air India: Government

Live Mint  

Bilateral flying rights with five countries, which were previously allocated to Jet Airways, have now been temporarily given to Air India till the end of the summer schedule of this year, Civil Aviation Minister Hardeep Singh Puri said Wednesday. As a result, the central government decided to temporarily allocate the domestic slots as well as international flying rights of Jet …

No plan to bail out Jet Airways, real estate companies: Minister
5 years, 9 months ago

No plan to bail out Jet Airways, real estate companies: Minister

The Hindu  

India can’t be a nanny state offering bailouts to airlines and real estate companies, said Union Minister Hardeep Singh Puri, who is in charge of Civil Aviation as well as the Housing and Urban Affairs Ministries. On the challenge of restoring capacity on international routes vacated by the troubled Jet Airways, he outlined a two-pronged strategy — giving domestic airlines …

Emirates eyes more seats on Dubai-India route; hopes restart of bilateral rights talks between govts
5 years, 9 months ago

Emirates eyes more seats on Dubai-India route; hopes restart of bilateral rights talks between govts

India TV News  

Gulf carrier Emirates is looking for more seats to offer on the Dubai-India route, which has not seen an increase in bilateral rights for the last five years, and expects discussions to restart between the two governments, a top official said. Emirates, the flagship carrier of Dubai, flies to nine destinations in India and has also entered into a preliminary …

Will create SOP to allocate Jet’s foreign flying rights to others: Ministry
5 years, 10 months ago

Will create SOP to allocate Jet’s foreign flying rights to others: Ministry

Live Mint  

With each of the Indian airlines vying for maximum share of the Jet Airways' foreign flying rights, Civil Aviation Secretary P S Kharola said Friday the ministry will create a transparent standard operating procedure to allocate these rights on a temporary basis. He was speaking to reporters after holding a meeting -- which was focused on temporary allocation of foreign …

Air India gets Jet’s unused foreign traffic rights
5 years, 10 months ago

Air India gets Jet’s unused foreign traffic rights

Live Mint  

New Delhi: State-run Air India seems to be finally getting its preferential rights in allocation of traffic rights over foreign routes after losing it to private carriers in the previous UPA government. The public sector airline has also been promised over 5,000 seats on India-Qatar route besides about 4,600 additional seats to and from London following the re-allocation of grounded …

Jet Airways will do everything to revive airline: CEO
5 years, 11 months ago

Jet Airways will do everything to revive airline: CEO

India Today  

India's Jet Airways is constantly engaging with the government and lenders for a resolution of the current debt crisis and will not leave any stone unturned to revive the airline, its chief executive officer Vinay Dube told television channel ET Now in an interview. "But I would like to think that a flying Jet Airways makes definite sense for them …

SpiceJet, Air India step in to clean up after Jet Airways
5 years, 11 months ago

SpiceJet, Air India step in to clean up after Jet Airways

Live Mint  

New Delhi/Mumbai: Budget airline SpiceJet Ltd and national carrier Air India Ltd have stepped in to stabilize India's aviation industry and ease the pain from wage losses caused by Jet Airways Ltd’s descent into insolvency and operational shutdown. Air India has, on its part, volunteered to temporarily use some of Jet Airways’ grounded planes on key international routes. Air India …

Government to allocate 440 vacant cash-strapped Jet Airways slots on interim basis to other airlines
5 years, 11 months ago

Government to allocate 440 vacant cash-strapped Jet Airways slots on interim basis to other airlines

Firstpost  

The 440 slots vacated by Jet Airways at Delhi and Mumbai airports would be allocated to other airlines on an interim basis through a “rational, fair and equitable” manner. New Delhi: With Jet Airways suspending operations, as many as 440 slots are vacant at Delhi and Mumbai airports which will be allocated to other airlines in a transparent manner, a …

Govt to allocate 440 vacant Jet Airways slots to other airlines
5 years, 11 months ago

Govt to allocate 440 vacant Jet Airways slots to other airlines

India TV News  

Govt to allocate 440 vacant Jet Airways slots to other airlines The ministry has also asked airlines to keep fares at affordable levels and not indulge in predatory pricing ways. With Jet Airways suspending operations, as many as 440 slots are vacant at Delhi and Mumbai airports which will be allocated to other airlines in a transparent manner, a senior …

Government to allocate 440 vacant Jet Airways slots to other airlines
5 years, 11 months ago

Government to allocate 440 vacant Jet Airways slots to other airlines

Live Mint  

With Jet Airways suspending operations, as many as 440 slots are vacant at Delhi and Mumbai airports which will be allocated to other airlines in a transparent manner, a senior official said Thursday. Civil Aviation Secretary Pradeep Singh Kharola also said Jet Airways is expected to provide information next week to the ministry about tickets booked by passengers and how …

Jet Airways: Indian airline cancels all flights amid financial turmoil
5 years, 11 months ago

Jet Airways: Indian airline cancels all flights amid financial turmoil

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The major Indian airline Jet Airways has suspended all operations after failing to secure emergency funding …

Jet Airways crisis: All domestic, international flights cancelled with immediate effect
5 years, 11 months ago

Jet Airways crisis: All domestic, international flights cancelled with immediate effect

India TV News  

All Jet Airways flight, domestic and international, cancelled with immediate effect. With the lenders rejecting a lifeline of Rs 400 crore on Wednesday, Jet Airways was left with no other option but to ground operations at least temporarily. The official announcement of grounding of operations made on Wednesday evening after the Jet Airways board had Tuesday authorised chief executive Vinay …

Jet Airways crisis: Pilots body defers 'no flying' call ahead of lenders meet today; airline withdraws services from SAARC routes
5 years, 11 months ago

Jet Airways crisis: Pilots body defers 'no flying' call ahead of lenders meet today; airline withdraws services from SAARC routes

Firstpost  

The guild, which has around 1,100 pilots as its members, decided to stop flying from 15 April in protest against non-payment of salaries since March Mumbai: Cash-strapped Jet Airways Sunday averted a deeper crisis after its pilots body, the National Aviatior’s Guild, deferred its “no flying” call to a later date from Monday, when the management is scheduled to meet …

Jet Airways stops advance booking for some international routes
5 years, 11 months ago

Jet Airways stops advance booking for some international routes

Live Mint  

Mumbai: Crisis-ridden Jet Airways has stopped forward bookings for some of its international sectors, including those for east Asia, sources said on Sunday. Accordingly, the company has informed the country's aviation regulator that it has stopped taking forward bookings for its flights to SAARC and ASEAN destinations including Colombo, Kathmandu, Singapore, and Hong Kong till further notice. Other employees, like …

Jet Airways union seeks FIR against Naresh Goyal, CEO, SBI chief over salaries
5 years, 11 months ago

Jet Airways union seeks FIR against Naresh Goyal, CEO, SBI chief over salaries

Live Mint  

Mumbai: The employees union of Jet Airways Ltd, which is facing its worst crisis, has sought to register first investigation reports against the airline's founder Naresh Goyal, chief executive officer Vinay Dube and SBI chairman Rajnish Kumar for non-payment of March salaries, even as passengers continued to bear the brunt of last-minute cancellations and missing refunds. Over 200 Jet Airways …

Jet Airways extends suspension of international operations till Monday as airline faces worst existential crisis since launch
5 years, 11 months ago

Jet Airways extends suspension of international operations till Monday as airline faces worst existential crisis since launch

Firstpost  

Jet Airways was the largest domestic carrier operating in the international sector with a hub in Amsterdam, where a cargo agent had taken possession of an aircraft this on Tuesday demanding bill payment. Mumbai: Jet Airways, facing its worst existential crisis in its over 25-year-old history, on Friday extended suspension of its international operations till next Monday due to severe …

Jet Airways suspends all west bound international flights
5 years, 11 months ago

Jet Airways suspends all west bound international flights

The Hindu  

Jet Airways suspended all its west-bound international flights from India beginning Thursday evening till Friday morning, citing operational issues. “We are suspending all west-bound international departures from India till Friday morning due to operational reasons,” a Jet Airways spokesperson said. Reservations closed In additional changes to its international inventory, Jet Airways closed reservations for Chennai-Paris, Delhi-Amsterdam-Toronto, Delhi-Kathmandu, Delhi-Singapore, Mumbai-Colombo, Mumbai-Paris …

‘Scheduled’ lease expiry behind flight cancellations: Jet Airways
6 years, 1 month ago

‘Scheduled’ lease expiry behind flight cancellations: Jet Airways

Live Mint  

Jet Airways Ltd said it was forced to cancel dozens of local flights for two consecutive days as the lease periods on some planes expired while a few others are undergoing “engine normalization” exercises. Mint had on Tuesday reported that several Boeing 737 planes of Jet Airways have been repossessed by lessors recently while another was grounded at Mumbai due …

Trouble mounts for Jet Airways: Here are key factors that led to airline's financial crisis
6 years, 3 months ago

Trouble mounts for Jet Airways: Here are key factors that led to airline's financial crisis

India Today  

India’s biggest full-service carrier Jet Airways, which is going through a massive financial crunch, recently decided to stop free meals for most of its domestic economy class passengers from January, reported Reuters. Having said that, here are some important facts related to the financial crisis at Jet Airways: Three consecutive quarterly losses The premium airline suffered three back-to-back quarterly losses …

Jet Airways offers 25 lakh seats on sale at up to 30% discount
6 years, 6 months ago

Jet Airways offers 25 lakh seats on sale at up to 30% discount

Live Mint  

New Delhi: Cash-strapped private carrier Jet Airways has announced a six-day global flight ticket sale. Jet Airways has put up 25 lakh seats on discount of up to 30% on the base fare for domestic and international flights, applicable on select booking classes. People in the Gulf cities can book their travel to destinations in India, Nepal, Bangladesh, Sri Lanka …

Jet Airways offers discounts on 25 lakh seats in new sale
6 years, 6 months ago

Jet Airways offers discounts on 25 lakh seats in new sale

Live Mint  

Jet Airways has joined other carriers like IndiGo, GoAir and AirAsia India in launching discount schemes to attract passengers. Jet Airways, in its latest offer, has put 25 lakh seats up for grabs by offering up to 30% discount on the base fare on domestic and international flights, applicable on select booking classes. “Up to 30% discount is applicable on …

After IndiGo, Jet Airways opts out of Air India bid
6 years, 11 months ago

After IndiGo, Jet Airways opts out of Air India bid

ABP News  

10 : Jet Airways on Tuesday became the latest Indian airline to distance itself from Air India disinvestment process. However, considering the terms of offer in the information memorandum and based on our review, we are not participating in the process," Jet Airways CEO and CFO, Amit Agarwal said. Earlier, IndiGo had opted out from the divestiture process of Air …

Air India privatisation: Naresh Goyal's Jet Airways rules out bid for debt-ridden national carrier
6 years, 11 months ago

Air India privatisation: Naresh Goyal's Jet Airways rules out bid for debt-ridden national carrier

Firstpost  

Jet’s announcement comes days after IndiGo pulled out of the race to acquire Air India’s operations. Jet Airways, on Tuesday, became the latest major Indian airline to rule out a bid for debt-laden national carrier Air India in a new blow to the government’s privatisation plans. The announcement came just days after rival IndiGo pulled out of the race to …

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