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JET AIRWAYS CRISIS
Cathay Pacific to reduce flight fuel surcharges from July 1Cathay Pacific Airways is set to reduce its fuel surcharges for most passenger flights starting July 1, following a dip in jet fuel costs. ...- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
- From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...
- SC rejects SpiceJet's plea in Rs 144 cr case with Kalanithi Maran & Kal Airways, asks it to move Delhi HCThe Supreme Court of India on Tuesday asked SpiceJet to approach the Delhi High Court for more time to deposit Rs 144 crore in its dispute ...
- ITA Airways to raise ticket prices, sees no flight cuts from fuel costsITA Airways will not cut flights despite rising jet fuel costs, with 80% of its 2026 needs hedged. The airline plans a 5% to 10% fare incre...
- Iran war, jet fuel concerns cloud airlines' summer holiday plansEuropean airlines face significant challenges as the Iran war escalates jet fuel prices and disrupts Middle East travel, threatening the su...
- Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and suppliesLufthansa Group is cancelling 20,000 short-haul flights until October. This move aims to save jet fuel amid soaring oil prices. The war in ...
- Delhi High Court reserves order on SpiceJet's plea to review Rs 144 cr payment order in dispute with MaranThe Delhi High Court has announced it will take more time to decide on a review petition presented by SpiceJet and its head, Ajay Singh. Th...
- Jet Airways’ return to skies delayed with plane talks in limboThe airline, once India’s top private carrier, can’t sell tickets in September because lenders are reluctant to allow it to take on any fre...
- Jet Airways CFO Amit Agarwal quitsIn a statement to the stock exchange, the debt-ridden carrier said that Amit Agarwal resigned with effect from May 13, 2019 due to personal...
- Jet Airways’ employees' union wants cops to seize Naresh Goyal, Board of Directors passportsSeek an FIR against top management for the grounding of the airline.
- Jet Airways to suspend all operations from tonightJet ran an operation of 6 planes since morning. The decision was taken in the afternoon.
- View: What Jet Airways' near-collapse says about IndiaThe airline is on the verge of shutting down operations as it doesn't have enough working capital.
- Jet Airways pilots appeal to SBI for funds, also ask PM Modi to save 20,000 jobsThe airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe ...
- Rajshree Pathy resigns as Jet Airways' independent directorPathy, who quit the ailing carrier effective April 13, cited time constraints and other commitments as reasons.
- PMO calls urgent meeting to discuss situation in Jet AirwaysThe meeting has been called after Civil Aviation Minister Suresh Prabhu asked the secretary of the department to review issues concerning J...
- Pilots body serves legal notice to Jet Airways over salary duesJet Airways pilots along with engineers and senior executives have not been paid for the last three months amid cash-drought in the airline.
- Less than 15 aircraft of Jet currently operational: Aviation SecretaryThe SBI-led consortium of lenders had taken over the management of the cash-hit Jet Airways last month.
- Sebi says no reference received on relaxing rules in Jet Airways matterIn its brief statement issued in the afternoon, Sebi referred to reports about certain relaxations of regulations with respect to Jet Airwa...
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