Financial Woes

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Financial Woes - Total results - 3
Jet Airways flying 26 aircraft fulfills criteria for international operations: Civil Aviation secretary
Business

Jet Airways flying 26 aircraft fulfills criteria for international operations: Civil Aviation secretary

Jet Airways, which is grappling with acute financial woes, had a fleet of around 119 planes.

Jet Airways' lenders to invite bids for stake sale on 6 April; ready to look at other options
Business

Jet Airways' lenders to invite bids for stake sale on 6 April; ready to look at other options

After taking stock of the current situation at cash-strapped Jet Airways, which is currently operating less than 30 planes, the lenders said they would pursue resolution plan for the carrier in a time-bound manner under the present legal and regulatory framework.

DGCA denies reports on calling airlines' meet today to discuss airfare rise after flight cancellations
Business

DGCA denies reports on calling airlines' meet today to discuss airfare rise after flight cancellations

According to the official, after the DGCA grounded all 12 of SpiceJet's 737 Max aircraft on 13 March following the Ethiopian Airlines crash, the problem of rising airfares in Indian market "aggravated".