jet airways

Allaying apprehensions of the grounded carrier Jet Airways on its vacant slots, the aviation ministry Tuesday said they are being allocated to other airlines purely on “temporary basis” and once the airline resumes operations, these slots will be returned.

Shares of Jet Airways (India) Limited halted its three-day decline and surged 13 per cent on Tuesday on value buying at lower levels.

In order to balance out the shortage of flights after Jet Airways shut down, Western Railway started a special series of trains between Mumbai and Delhi.

The employees of the Jet Airways on Monday accused the State Bank of India (SBI) in an open letter to its chairman Rajneesh Kumar of callousness in killing their company by delaying infusion of funds and forcing out their boss Naresh Goyal.

The banks can lend some money to Jet Airways specifically for the purpose of paying employee salaries, a major bank employees’ union official said on Monday.

Shares of Jet Airways, which has shut down operations temporarily, continued to fall for the third day in a row Monday, tumbling over 23 per cent.

The Shiv Sena on Monday urged the NDA government to take over the temporarily grounded private carrier Jet Airways and save its staff from losing their jobs.

Grounded carrier Jet Airways on Monday said its non-executive and non-independent director Nasim Zaidi has quit the board, citing personal reasons and time constraints.

Air India Express, the international budget arm of Air India, is examining the possibility of leasing some Boeing 737 aircraft of grounded carrier Jet Airways.

Thousands of employees at now-shuttered Jet Airways might be staring at an uncertain future but other airlines will see “value” in hiring such experienced people even though they might end up getting relatively lower pay packets, according to HR experts.