1,900 employees to lose jobs: Jet Airways

Retrenched employees of Jet Airways in Mumbai on Wednesday Mumbai: Jet Airways has decided to lay off 1,100 additional employees in the next few days, a top official said on Wednesday. Earlier in the day, Jet said it has retrenched around 800 flight attendants and suspended its expansion programme, adding that it will also cut flights because of a slowdown in demand. Read the rest of this entry »

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Raj Thackeray threatens to ground Jet Airways

Raj Thackeray, MNS chief promises to help sacked employees of private airline Mumbai: Maharashtra Navnirman Sena (MNS) chief Raj Thackeray on Wednesday warned he wouldn’t allow Jet Airways flights to take off from Maharashtra if the airline does take back the services of 850 employees. "If they are adamant about the issue then I too will ensure that no Jet Airways flight takes off from Maharashtra,” said Thackeray. Read the rest of this entry »

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Air India may post 50% of aviation industry’s total losses

Air India MUMBAI: State-owned air carrier Air India is expected to post half of the domestic aviation industry’s losses this fiscal, at Rs 3,000 crore, Civil Aviation Minister Praful Patel said on Friday. Read the rest of this entry »

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800 flight attendants of Jet Airways lose jobs

Jet Airways Terming it as "hard decisions that are inevitable" in the difficult market conditions, Jet Airways today said that it was terminating the services of around 800 flight attendants that were recently recruited as part of the planned expansion programme. Read the rest of this entry »

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Kingfisher-Jet Airways deal on MRTPC radar

Kingfisher Airlines NEW DELHI: Jet and Kingfisher should have thought twice before jumping into bed as some anti-competitive elements of their alliance could expose them to regulatory scrutiny, say competition law experts. Route rationalisation — a key aspect of their arrangement — could directly impact competition in routes where both airlines have significant presence now, they said. The arrangement gives the combine control of over 60% of the domestic civil aviation industry. Read the rest of this entry »

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Jet Airways plans to hike airfares during festive season

Jet Airways NEW DELHI: India’s leading private air carrier Jet Airways is considering airfare hike during the festive season next month. Read the rest of this entry »

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Paramount flights from Chennai to Ahmedabad

Paramount Airways CHENNAI: Paramount Airways, India’s first premium airline, launched its West India operations on Wednesday with daily flights between Chennai and Ahmedabad. Read the rest of this entry »

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JetLite not to merge with parent firm Jet Airways

JetLite NEW DELHI: JetLite would continue to operate as a separate entity and is not being merged with its parent Jet Airways. However, various functions of the two carriers, such as sales, marketing and ticketing, would be integrated. Naresh Goyal-owned Jet Airways acquired Air Sahara a year ago and rechristened it as JetLite.

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SpiceJet among Asia’s top budget airlines

SpiceJet Airlines NEW DELHI: An online travel magazine tracking Asia’s hotels, spas and airlines has ranked India’s low-cost carrier SpiceJet among the top 10 budget airlines in the continent. Read the rest of this entry »

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One lakh may lose aviation jobs worldwide

The airline industry is likely to lose 1,00,000 jobs in the coming year worldwide as the financial meltdown and soaring crude oil prices force companies to cut corners to stay afloat, said Giovanni Bisignani, director general and CEO, International Air Transport Association. Read the rest of this entry »

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