Jet’s rivals, whose wings were clipped so far by limited airport infrastructure, are looking to make the most of this opportunity by expanding their fleet.
Jet Airways said on Monday that its non-executive and non-independent director Nasim Zaidi has quit the board stating personal reasons and time limitations. Nasim was the former Chief Election Commissioner Continue Reading »
Code-sharing allows an airline to book its passengers on its partner carriers and provide seamless travel to destinations where it has no presence.
The limitations prevailing in the Indian aviation industry due to the grounding of Jet Airways should prove temporary as carriers are looking to add about 150 planes in this financial Continue Reading »
For Saudi Aramco, experts see this move as part of the country’s effort to de-risk its economy from oil’s uncertainties.
Both the airlines stopped international operations and went all-domestic before suspending operations, though in Jet’s case that happened for less than a week, while Kingfisher flew within the country for some months.
Nine AMCs have exposure to Essel Group firms across 87 schemes, including FMPs and open-ended debt funds.
A minority stake sale could fetch around $10 billion to $15 billion, valuing the Indian company’s refining and petrochemicals businesses at around $55 billion to 60 billion.
Ever since launch in 2014, over 2.56 lakh units of the Maruti Suzuki Ciaz have been sold. During calendar year 2018, Ciaz had sold 50,759 units, compared with 42,605 for Verna and 42,045 for Honda City.
The latest images confirm that the Venue will be boxy yet curvy in stark comparison to the squarish proportions of the Creta.