Jet Airways is ready to commence domestic operations, according to the Jalan Kalrock Consortium, the successful resolution applicant of Jet Airways. The Indian airline suspended operations in April 2019 after it ran out of funds. The Consortium has approached the…
Jet Airways was given the go-ahead to resume operations by India under new ownership earlier in 2021
Jet Airways is to suspend all its operations until further notice later on April 17, having failed to attract new investors, the Indian airline had announced in a press release. It hopes a new rescue plan will keep the airline…
“With over 80 percent of its fleet grounded, de-registered and returned to lessors or even seized, the future of India’s Jet Airways looks… non-existent.” We wrote this last weekend, but just four days later Jet Airways announced it would suspend…
Etihad Airways, based in Abu Dhabi, has completed an investment in India’s Jet Airways for a 24% equity stake. That stake, resulting in an investment of US $379 million, creates another “equity alliance” for Etihad, modeled after their equity investments…
In an interesting move, India’s Jet Airways has joined AACO, the Arab Air Carriers Organization. This is the first carrier outside of the Arab League countries to join AACO, and reflects the increasing importance of trade between the subcontinent and…