Manisha Singhal

Jet Airways faces hard bargain as aircraft leases come up for renewal

With payments due on November 24, cash-strapped Jet Airways will have to bargain hard with lessors as it renew leases for narrow-bodied aircraft.

Industry News

Vistara narrows losses to Rs 431 crore in FY18

The Tata-SIA-run full service airline Vistara posted a net loss of Rs 431 crore on revenues of Rs 2,137.4 crore during FY18, according to a regulatory filing with the Registrar of Companies by the unlisted entity.

vistara airlines, vistara cbi, vistara international News

On the table

The board of Tata Sons is likely to meet Friday to discuss a proposal to take over Jet Airways.

Industry News

Jet, set, go? Tata Sons board to discuss Jet Airways takeover Friday

The board of Tata Sons is likely to meet on Friday to discuss a proposal to take over the Naresh Goyal-controlled Jet Airways which is looking for investors to tide over liquidity crunch that it has been saddled with, sources

Industry News

GoAir for sale! Wadias looking to offload stake in airline business

The Wadia Group, which owns budget carrier GoAir, is looking for buyers for its 13-year-old airline.

Airlines/Aviation News

GoAir loses seven top executives in three months as two more senior executives quit

In last three months, 7 top executives left the airline.

Industry News

Delta Air Lines evinces interest in JetAirways, may buy Goyal, Etihad stakes

Even as the Tata group is believed to have intensified negotiations for a possible purchase of a stake in troubled airline Jet Airways, the carrier may find a white knight in Delta Air Lines, three people familiar with the de

jet airways News

Jet Airways may look to resize pilots’ team soon, to return 23 Boeing 737 narrow body aircrafts

Troubled carrier Jet Airways may look to resize its team of pilots soon — a large chunk of whom currently fly ATRs—with a smaller number of pilots, sources close to the development told FE. 

Industry News

GoAir’s plan to sub-lease aircraft suffers setback, talks with Bamboo Airways fall through

The airline was in discussion with the Vietnamese carrier, which has delayed its October launch, for sub-leasing nine of its A320ceo aircraft type.

Airlines/Aviation News

Air pocket! Jet Airways mulls grounding 23 Boeing 737s to cut losses

In its fleet of 124 aircraft, Jet has 82 different variants of Boeing 737s including Boeing 737-700, 737-800, 737-900 and 737-900ER and this narrow body aircraft is its workhorse for domestic operations.

Industry News

Jet Airways grounds two aircraft on fund crunch

While the Boeing 777-300ER has been grounded for the last 10 days, the A330 has not flown for the past one week, sources said. “The aircraft are also being cannibalised,” a source added. Jet has 10 Boeing 777-300ERs and f

Industry News

Jet Airways defers wet lease of its ATRs to TruJet

The postponement of this wet lease to TruJet will definitely be a setback for the regional carrier as it was banking on these aircraft from Jet Airways to expand and get a foothold in the regional market.

Industry News

Cannot pay nor commit to a date of payment for September salaries: Jet Management

The airline currently facing its worst liquidity crisis did not pay its pilots and the aircraft maintenance engineers (AMEs) salaries for the month of August, the highest human resource in any airline along with the senior ma

Industry News

Alibaug to be Mumbai’s Hampton? Huge infrastructure projects lined up that will change it a lot

With better connectivity soon, real estate players have big plans for area

India News

Etihad pumps $35 million into beleaguered Jet Air

Etihad had bought the 24% stake in Jet Airways for Rs 2,060 crore in May 2013 and later it also invested in JP Miles programme as it bought a majority stake into the business.

Industry News

Another top-level exec quits GoAir

In a recent spate of resignations the other two top executives who quit GoAir include Saurabh Grover, GoAir's VP marketing and its finance head Silveria Dsousa.

Industry News

Expect airfares to go up by as costs up for airlines by 20% : CRISIL

With the onset of third quarter from October which is seasonally a strong quarter for air traffic in India airlines might look at a moderate hike in fares of about 3% says a report by ratings, research and advisory firm CRISI

Industry News

Etihad offers Jet Airways an interim relief of $35 million

Jet has been trying to monetise its flying miles programme and has held certain rounds of discussions with private equity players like TPG.

Etihad, Jet Airways, JetPrivilege, customer loyalty programme, flying miles, relief funding, industry news

Expect airfares to go up by 3% as costs up 20%: Crisil report

With the onset of third quarter from October which is seasonally a strong quarter for air traffic, airlines might look at a moderate hike in fares of about 3%, says a report by ratings, research and advisory firm Crisil.

airfares, airfares rise, Crisil report, airlines, airline fares, crude prices News

GoAir attrition woes: Two top-level executives quit

The Wadia Group-promoted GoAir continues to face frequent resignations of its top level executives.

GoAir, GoAir woes, GoAir executives, GoAir executives quit, Silveria D’souza, Saurabh Grover, IndiGo, industry news

Eye on the sky: Lease dues – Jet Airways in talks with GE for payment extension

The airline owes lease charges for 17 of its narrow-body aircraft type — the Boeing 737s.

Jet Airways, Jet Airways payment extension, GECAS, commercial aircraft, commercial aircraft financing, Jet’s A330 widebody aircraft News

Jet Airways defers full payment of 2nd salary instalment to some staff

Jet Airways deferred a part of the second instalment of the August salary to a section of its employees.

jet airways, aviation sector, aviatin industry News

Jet Airways plans to phase out ATRs completely by 2024

Jet Airways is looking to phase out ATRs, its short-haul regional aircraft, from its fleet completely by 2024.

atr, aviation sector, aviation industry News

Jet Airways officials prevented from leaving office

Jet Airways management was prevented from leaving office till late Wednesday night by the armed personnel stationed outside Jet Airways’ offices in Mumbai.

Jet Airways, Jet Airways officials, Naresh Goyal, Jet Airways management, tax officials, Global Sales Agents, industry news

Nobody has got the mixed land use concept right in India, says CEO and MD of Provenance Land

Provenance Land announced its equity partnership with Singapore's GIC recently, an announcement that came after a relative lull period for the developers who hold marquee assets like the Four Seasons Hotel in Mumbai.

Industry News

Firm launches shared services in India with copters, planes

A new and differentiated product by private charter aviation company JetSetGo, on Monday launched shared air car services operating both inter and intra-city rides deploying helicopters and private jets.

Industry News

Jet Airways in talks to lease A330s, Boeing 737s to Oman Air

Jet might look at an income of nearly a million dollar per month per aircraft through these wet leases, says expert

Jet Airways, Oman Air, Jet Airways A330, Boeing 737, ACMI, Boeing777-300ER, Turkish Airlines News
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