Jet Airways Ltd. is an Indian international airline based in Mumbai, India which as of 17 April 2019 has currently temporary suspended all flight operations. Read More
In a relief for the Jet Airways' lenders, the National Company Law Tribunal (NCLT) on Wednesday approved their request for an extension to the corporate insolvency resolution process (CIRP) of the airline by another 90 days. ...
India is expected to end the calendar year 2019 with around 640 civilian aircraft and a four per cent jump in passenger traffic despite a general economic slowdown along with the grounding of a major domestic carrier. ...
The government is contemplating a budget announcement to hike the foreign direct investment (FDI) limit in the aviation sector from 49 per cent to 100 per cent to attract international bids for Air India, slated for sale this financial year. ...
Several MPs cutting across party lines have expressed their support for the early revival of the now grounded Jet Airways, saying that they will again raise the issue in the ongoing winter session of Parliament. ...