Jet pilots threaten legal recourse to get salary dues
In a legal notice to Dube, the guild that claims membership of around 1,100 domestic pilots, said each day they are left worried as salary arrears keep piling up.
Apr 09, 2019, 22:25 PM ISTIndian Oil Corporation stops fuel supply to Jet Airways over non-payment
Jet Airways, in which SBI-led consortium of lenders is set to take management control under a debt-recast plan, has drastically curtailed operations with a fleet of 26 planes.
Apr 05, 2019, 15:49 PM ISTJet Airways delays March salary payment to employees
The airline had been delaying the salaries of its pilots, engineers and senior staff since August who have not been paid since January.
Apr 04, 2019, 10:39 AM ISTLess than 15 aircraft of Jet currently operational: Aviation Secy
Less than 15 aircraft of Jet Airways are currently operational, Civil Aviation Secretary PS Kharola said on Wednesday. The SBI-led consortium of lenders had taken over the management of the cash-hit Jet Airways in March.
Apr 03, 2019, 14:24 PM ISTJet Airways grounds 15 more planes after failing to pay rentals to lessors
Jet Airways had informed the government last week that it has 35 aircraft in operations, PTI reported.
Apr 02, 2019, 21:21 PM ISTJet Airways pilots defer decision not to fly, sets April 15 deadline
On March 21 the NAG had requested the government to intervene for the survival of Jet Airways, after which State Bank of India (SBI) stated that the lenders will infuse interim funding of Rs 1,500 crore to sustain its operations for the next two months.
Mar 31, 2019, 19:49 PM ISTJet Airways agrees to pay December salaries to employees to stave off mass leave
The beleaguered airline, however, said that it will not be able to pay more recent overdue wages to its employees.
Mar 31, 2019, 09:04 AM ISTOver 1,000 Jet Airways pilots to go ahead with no flying call
Days after that, the airline management went into the hands of SBI-led consortium of banks under a debt-recast plan.
Mar 29, 2019, 23:33 PM ISTJet Airways delays ECB repayment amid liquidity crunch
This is at least the fourth time that the airline has defaulted on debt repayment in recent months.
Mar 29, 2019, 11:55 AM ISTVijay Mallya urges banks to take his money, save Jet Airways
Vijay Mallya is wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.
Mar 26, 2019, 09:35 AM ISTSad day for Indian aviation; wake up call for policymakers: SpiceJet chief on Jet
Naresh Goyal is the Founder and Chairman of Jet Airways, a full-service airline that has been flying for more than 25 years.
Mar 25, 2019, 17:41 PM ISTJet Airways Chairman Naresh Goyal, wife Anita quit from board
Goyal who set up the company with his wife in 1993, would also cease to be the chairman.
Mar 25, 2019, 15:32 PM ISTGood outcome from creditors-company negotiations better than insolvency, says govt official on Jet
He was responding to a query on whether Jet Airways is a fit case to be referred under the Insolvency and Bankruptcy Code (IBC).
Mar 25, 2019, 14:42 PM ISTJet Airways founder Naresh Goyal to quit as chairman today: Report
The report also said that Jet`s lenders may invoke Goyal`s entire stake in the airline, and start looking for a new buyer in the coming weeks.
Mar 25, 2019, 10:31 AM ISTJet Airways reduces flight services to 13 international routes till April 30
The airline reduced its services on the Delhi to Bangkok route, Delhi to Singapore route, Mumbai to Bangkok route, and Mumbai to Singapore route were reduced from three flights daily to one flight per day and services on Mumbai to Doha route and Mumbai to Kuwait route were reduced from two flights daily to one flight daily.
Mar 23, 2019, 14:31 PM ISTSpiceJet seeks planes from other sources after India grounds 737 MAX fleet
The airline was forced to ground its 12 Boeing Co 737 MAX 8 planes by India`s aviation watchdog due to safety concerns.
Mar 22, 2019, 15:53 PM IST260 Jet pilots approach SpiceJet for jobs as IndiGo captains seek to abort their entry
The harried pilots of Jet Airways, which is on the brink of shuttering operations, have now approached SpiceJet seeking employment.
Mar 21, 2019, 19:05 PM ISTSpiceJet in talks to lease some of Jet Airway's grounded planes: Source
The 25-year-old airline has defaulted on loans after racking up over $1 billion in debt.
Mar 20, 2019, 17:29 PM ISTLenders to make every effort to keep Jet Airways flying: SBI
The pilots union of Jet Airways had on Tuesday threatened to stop flying from April 1 if their salaries are not paid by March 31.
Mar 20, 2019, 17:06 PM ISTJet Airways: Banks may infuse funds provided major shareholders pledge shares
The full service carrier is grappling with acute financial woes that has resulted in grounding of a significant number of planes, defaulting on debt repayments
Mar 20, 2019, 12:51 PM IST