Civil aviation minister says confident Jet Airways' problems will be solved
Massive debt and suffocating price competition forced what was once India`s biggest private-sector airline to halt operations in April at the cost of thousands of jobs, and resulting in higher airfares across the industry.
Jun 14, 2019, 16:14 PM IST
Naresh Goyal will sell controlling stake in Jet Airways: Report
The carrier`s financial woes have been worsened by rising crude oil prices and intense pricing competition in the domestic aviation industry.
Nov 28, 2018, 15:30 PM IST
Jet Airways refutes reports of stake sale, says committed to create sustainable future
The company, part owned by Etihad Airways, had net debt of 81.5 billion rupees as of end-March.
Aug 06, 2018, 11:48 AM IST
Jet Airways warns staff time and funds are running out: Source
Pilots who have refused a proposed 15 percent pay cut for two years had been informed that the airline was running out of time to slash costs and raise revenue.
Aug 03, 2018, 12:46 PM IST
