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 »
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.
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.
It had last week announced the induction of 16 Boeing 737-800 NG aircraft on dry lease.
Jet needs an urgent cash infusion to survive. Its CEO Vinay Dube appealed to banks during the weekend for additional loans of Rs 1,000 crore.
The company already connects Mumbai with a non-stop flight to Dubai and recently announced a new daily direct flight to Bangkok.
According to the conditions in the bidding document, an investor needs to have a net worth of Rs 1,000 crore and allotted funds of Rs 1,000 crore more to invest in Jet.