Jet airways news

Here are some recent news updates about Jet Airways:

Latest Developments:

  1. Jet Airways' revival plans hit roadblock: The airline's revival plans have hit a roadblock due to a lack of funds and a dispute with its lenders. The airline's creditors have refused to provide additional funding, citing concerns over the airline's financial health. (Source: Business Standard)
  2. Etihad Airways to take control of Jet Airways: Etihad Airways, the Abu Dhabi-based airline, is set to take control of Jet Airways after the Indian government approved the deal. The deal is expected to inject fresh funds into the airline and help it recover from its financial woes. (Source: The Economic Times)
  3. Jet Airways' employees protest against airline's revival plans: Employees of Jet Airways have protested against the airline's revival plans, citing concerns over job security and the lack of transparency in the deal. The employees have demanded that the airline's management provide them with more information about the revival plans. (Source: The Hindu)
  4. Jet Airways' aircraft to be sold to other airlines: Jet Airways' aircraft are being sold to other airlines, including IndiGo and SpiceJet, as part of the airline's efforts to raise funds. The airline has already sold some of its aircraft to other carriers. (Source: Livemint)

Recent News:

  1. Jet Airways' losses widen to ₹13,000 crore: Jet Airways' losses have widened to ₹13,000 crore (approximately $1.8 billion) in the financial year 2018-19, according to a report by the airline's auditor. The airline's losses have been attributed to a decline in passenger traffic and a rise in fuel costs. (Source: The Financial Express)
  2. Jet Airways' pilots to go on strike: Jet Airways' pilots have threatened to go on strike if the airline's management fails to address their demands, including the payment of outstanding salaries and the resolution of issues related to job security. (Source: The Times of India)
  3. Jet Airways' aircraft grounded due to non-payment of dues: Some of Jet Airways' aircraft have been grounded due to non-payment of dues to lessors and suppliers. The airline has been struggling to pay its dues, which has led to a decline in its fleet size. (Source: The Economic Times)
  4. Jet Airways' revival plans to be discussed at a meeting: The revival plans of Jet Airways are set to be discussed at a meeting between the airline's management, lenders, and the government. The meeting is expected to discuss the airline's financial health and the steps needed to revive it. (Source: Business Standard)

I hope this information is helpful!