16 hours ago
Jet's stocks crash as auditors' doubt resurrection plan

Mumbai, May 24 - A day after Jet Airways' auditors red-flagged its future plans on cost reduction and fund mobilisation to avert uncertainties created by a sudden announcement of a net loss, the company's stocks crashed by over 7 per cent. The plunge in Jet's scrip comes after the auditors expressed their doubt over the appropriateness of preparing the company's financial results on a going conc ...
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20 hours ago
Jet's stocks crash on net loss, auditors' doubts

Mumbai, May 24 - A day after the airline major Jet Airways' auditors red-flagged its future plans on cost reduction and fund mobilisation to avert uncertainties created by a net loss and negative net worth, the company's stocks crashed by over 7 per cent on Thursday. The massive plunge in Jet's scrip comes after the auditors expressed their doubt over the appropriateness of preparing the company ...
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1 day ago
Jet Airways' standalone Q4 net loss at Rs 1,036 cr

Mumbai, May 23 - Airline major Jet Airways on Wednesday reported a standalaone net loss of Rs 1,036 crore for the fourth quarter of 2017-18. According to the airline, its standalone net loss during the quarter under review stood at Rs 1,036 crore from a net profit of Rs 602.42 crore reported for the corresponding period of 2016-17. In terms of financial year, Jet Airways reported a standalone ne ...
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5 days ago
Oil prices, rupee value to influence equity indices

Mumbai, May 20 - Persistently high global crude oil prices, along with the rupee's movement against the US dollar and the ongoing quarterly results season are expected to drive the trajectory of the key Indian equity indices in the coming week. However, analysts predict a negative reaction from investors on the formation of a non-BJP government in Karnataka and any further outflow of foreign fun ...
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6 days ago
Jet Airways to launch non-stop service between Mumbai and Manchester

Mumbai, May 18 - Airline major Jet Airways on Friday said that it will launch its first non-stop service between Mumbai and Manchester from November 5, 2018. This new service is the first non-stop service connecting India, via its economic capital with Manchester, the 3rd largest city in the UK, the airline said in a statement. Jet Airways will deploy its wide body A330-200 with 254 seating for ...
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7 days ago
India's April domestic air passenger traffic up 26%

New Delhi, May 17 - India's domestic air passenger traffic rose to 1.15 crore in April 2018 -- up 26.05 per cent -- from 91.34 lakh reported during the corresponding month of 2017. On a sequential basis, the traffic growth remained flat. It had risen to 1.15 crore in March 2018, while in February it had grown to 1.07 crore. As per the data furnished by the Directorate General of Civil Aviation ...
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10 days ago
Jet to commence services under UDAN scheme from next month

Mumbai, May 14 - Full-service international passenger carrier Jet Airways on Monday said that it will commence services under the air regional connectivity - -- UDAN -- scheme from next month. According to the airline, it has been awarded four routes under the RCS scheme and will launch operations on three new routes -- Lucknow-Allahabad-Patna, New Delhi-Nashik and Nagpur-Allahabad-Indore sector ...
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15 days ago
Government rejects Jet Airways, Jet Lite merger plan

Mumbai, May 9 - The Central government has not approved the merger scheme between Jet Airways and its subsidiary Jet Lite, the company said on Wednesday. The Ministry of Civil Aviation has not approved the scheme of merger of Jet Lite - Ltd. with the company, the same stands revoked, cancelled..., the company said in a BSE filing. Accordingly, the company said that Jet Lite and Jet Airways shall ...
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15 days ago
Government rejects merger scheme between Jet Airways and Jet Lite

Mumbai, May 9 - The central government has not approved the merger scheme between Jet Airways and its subsidiary Jet Lite, the company said on Wednesday. The Ministry of Civil Aviation has not approved the scheme of merger of Jet Lite - Ltd. with the company, the same stands revoked, cancelled..., the company said in a BSE filing. Accordingly, the company said that Jet Lite and Jet Airways shall ...
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19 days ago
Haryana Police busts fake online job racket

Chandigarh, May 5 - A special team of Cyber Crime Cell in Haryana's Faridabad has arrested four people from a fake call centre who were involved in an organized online job fraud to cheat unemployed youth, particularly south Indians, a Haryana Police spokesman said here on Saturday. Police recovered mobile phones, laptops and computer systems from their possession. The arrested have been identifi ...
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21 days ago
Eyeing Indian travellers, Qatar opens tourism office in Mumbai

Mumbai, May 3 - Eyeing a chunk of tourists from India, the world's second largest outbound tourists market, the Qatar Tourism Authority - has opened an office here on Thursday. QTA's Chief Marketing and Promotion Officer Rashed AlQurese said the decision was taken in view of the rapid growth of India's outbound tourism market in recent years, coupled with QTA's intensified efforts to diversify a ...
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26 days ago
'Bollywood on a Boat' - tourism promotion initiative rocks Amsterdam's canals on King's Day

The Hague, April 28 - 'Bollywood on a Boat, a novel initiative to promote tourism to India, was launched in Amsterdam on Friday, the Kings Day, the biggest national holiday of the Netherlands. The Indian Embassy said it was a huge success with around 50,000 revellers in boats and on the banks of the Canals enjoying the performances. The boat with the dancers and Dhol players sailed through the ...
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29 days ago
Jet Airways launches scheme for passengers to bid for upgrade

New Delhi, April 25 - Airline major Jet Airways on Wednesday said with the launch of its latest initiative -- JetUpgrade, its passengers holding confirmed Economy or Premiere bookings will be allowed to bid for an upgrade to Premiere or First Class respectively. The airline said in order to avail an upgrade, passengers can place a bid on its website under the Manage My Booking section, stating t ...
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1 month ago
Jet Airways-AeroMexico to operate codeshare flights from May

Mumbai, April 23 - Airline major Jet Airways on Monday said that it will operate flights between India and Mexico under a 'codeshare agreement' with AeroMexico. According to the company, the agreement enables codeshare sales effective from Monday for travel commencing May 1, 2018 between Delhi and Mumbai in India and Mexico City via the Heathrow Airport in London. This agreement will provide gue ...
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1 month ago
Jet to inspect four 'CFM56-7B' engines after global safety directives

Mumbai, April 21 - Airline major Jet Airways on Saturday said that it has commenced the mandated engine inspection of four 'CFM56-7B' engines which power some of the Boeing 737 aircraft in its fleet. The development assumes significance as it comes after the US and the European civil aviation authorities -- FAA and EASA -- mandated inspections of all fan blades of 'CFM56-7B' engines that has acc ...
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1 month ago
Jet to inspect four 'CFM56-7B' engines after global safety directives

Mumbai, April 21 - Airline major Jet Airways on Saturday said that it has commenced the mandated engine inspection of four 'CFM56-7B' engines which power some of the Boeing 737 aircraft in its fleet. The development assumes significance as it comes after the US and the European civil aviation authorities -- FAA and EASA -- mandated inspections of all fan blades of 'CFM56-7B' engines that has acc ...
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1 month ago
Handle instruments with care, Ayaan Ali Bangash urges airlines

Mumbai, April 20 - Popular sarod player Ayaan Ali Bangash is upset at the manhandling of instruments by airlines. The artiste was taking a flight from Pune to Delhi on Friday. He had mentioned his sarod as a fragile item. However, he saw it being transported upside down. Ayaan, son of sarod exponent Amjad Ali Khan, told IANS: I was in Pune for an event last evening and took the morning flight to ...
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1 month ago
India's March domestic air passenger traffic up 28%

New Delhi, April 18 - Domestic air passenger traffic rose to 1.15 crore in March 2018 -- up 28.03 per cent -- from 90.45 lakh reported during the corresponding month of 2017, official data showed on Wednesday. The total domestic air passenger traffic had risen to 1.07 crore in February. Data furnished by the Directorate General of Civil Aviation - revealed that passenger traffic during the Janua ...
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1 month ago
India's March domestic air passenger traffic up 28%

New Delhi, April 18 - Domestic air passenger traffic rose to 1.15 crore in March 2018 -- up 28.03 per cent -- from 90.45 lakh reported during the corresponding month of 2017, official data showed on Wednesday. The total domestic air passenger traffic had risen to 1.07 crore in February. Data furnished by the Directorate General of Civil Aviation - revealed that passenger traffic during the Janua ...
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1 month ago
Paddler Mouma Das has anxious moments over baggage at airport

Kolkata, April 17 - India's table tennis ace Mouma Das, who returned home on Tuesday after a spectacular double medal conquest at the Gold Coast Commonwealth Games, spent some anxious hours when the Delhi Customs held her check-in baggage after detecting a power bank, which the player said she did not carry. Then, Mouma, on her arrival at the NSCBI Airport here, found her baggage had not arrived ...
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