Boeing Cancels Orders For India's Jet Airways
According to Reuters, Boeing removed 210 aircraft from its order backlog. The decision was made due to financial troubles for India's Jet Airways. The Indian air career indefinitely cancelled flight..
Credit: Wochit Business Duration: 00:43 Published on April 24, 2019
India's Jet Airways runs out of cash, shuts down
Jet Airways, once India's largest private airline, is over a billion dollars in debt and has not paid its pilots and employees in weeks. It has also decided to pull its planes from the skies. Jayson..
Credit: Reuters - Business (Amazon FireT Duration: 01:26 Published on April 18, 2019
India's Second-largest Airline Runs Out Of Money
According to Business Insider, the Embattled Indian airline Jet Airways will temporarily shut down on Wednesday. Reuters has reported that India’s second-largest airline has about $1.2 billion in..
Credit: Wochit Business Duration: 00:43 Published on April 17, 2019
Qatar Airways Supports Boeing Despite Crash Crisis
According to Reuters, Qatar Airways threw its support behind Boeing on Monday as the U.S. planemaker faces its biggest crisis in years after deadly crashes of its flagship 737 MAX jet. Regulators..
Credit: Wochit News Duration: 00:37 Published on March 25, 2019
Jet Airways revival: Etihad Airways bids for minority stake in beleaguered airline; SBI-led lenders' consortium, NIIF to get hit Etihad Airways' decision to bid for Jet Airways could possibly be a way to preserve the bilateral it was given, as well as to protect its India feed. Firstpost 1 week ago
Jet Airways revival: Lenders plan to approach unsolicited bidders after Etihad Airways' non-binding offer The fund offer from Etihad Airways is not sufficient to overcome the liquidity crunch in Jet Airways as its total liabilities are reportedly about Rs 15,000... Firstpost 1 week ago Also reported by • Reuters India • Mid-Day
Will create transparent SOP to allocate Jet Airways' foreign flying rights says Civil Aviation secretary PS Kharola With each of the Indian airlines vying for the maximum share of the Jet Airways' foreign flying rights, Civil Aviation Secretary P S Kharola said Friday the... Firstpost 5 days ago Jet Airways CFO Amit Agarwal resigns due to 'personal reasons' Jet Airways is running into a debt of more than Rs 8,500 crore and the airlines has shut down operations temporarily after lenders decided not to extend... Zee News 1 week ago Also reported by • Mid-Day Hinduja Group eyes opportunity with Jet Airways Hinduja group confirms media reports that it was eyeing a stake in Jet Airways. But will Hinduja Group spend more than Darwin Group's Rs 14,000 crores for Jet... Sify 1 day ago