On Monday, the Times of India reported that the recently-defunct Jet Airways will be relaunching all of its domestic routes by Summer 2021. The carrier ceased operations due to insolvency in April 2019 but was granted a lifeline when a consortium of businessman including Murari Lal Jalan and London’s Kalrock Capital won the bid for its revival. The airline’s Committee of Creditors (CoC) approved the consortium’s resolution plan in October; however, Jet Airways still has to get the green light…
This past week we marked the one year anniversary of Jet Airways suspending operations. The airline flew its last flight from Amritsar to Mumbai on April 17, 2019. The airline technically still exists as an entity since bankruptcy proceedings are ongoing. Planes the airline has leased have been repossessed and…
Indian carrier Jet Airways has announced that it will be reopening its expression of interest (EOI) process in a move to potentially attract new investors. After ceasing operations this past April, the insolvency process for the airline saw the reassignment of its slots to other carriers and the repossession of…
India is undoubtedly a large and growing aviation market. A liberalized approach to aviation and the country’s strengthened economic position in the world has helped it become one of the fastest-growing markets, doubling in the past seven years. This fast-paced growth is expected to continue as more and more of…
India is undoubtedly a large and growing aviation market. A liberalized approach to aviation and the country’s strengthened economic position in the world has helped it become one of the fastest-growing markets, doubling in the past seven years. This fast-paced growth is expected to continue as more and more of…
India is undoubtedly a large and growing aviation market. A liberalized approach to aviation and the country’s strengthened economic position in the world has helped it become one of the fastest-growing markets, doubling in the past seven years. This fast-paced growth is expected to continue as more and more of…
The dust really hasn’t settled for Jet Airways. The former carrier spent a considerable portion of the past few years in death throes until it was finally grounded this past April. The airline was doing nothing but burning cash at an alarming rate concerning investors such as Etihad and various…
In the continued gutting of Jet Airways, it has now been announced that Indian carrier Vistara will be leasing four Boeing 737-800 aircraft that originally belonged to Jet Airways. This is an attempt to grow the airline which currently has a five percent market share in India and also make…
Just over a month ago, India's Jet Airways ceased all flights after running out of the funds necessary to continue operating. That shutdown had effects across the airline's route network. While that network did include destinations as far as North America and various others across Europe, a seemingly disproportionate amount…
A comeback for Jet Airways looks even more unlikely as two of the carrier's top executives announced their resignations on Tuesday. First, chief executive Vinay Dube resigned citing personal reasons. Then, chief financial officer and deputy chief executive Amit Agarwal announced his resignation citing personal reasons as well. The resignations,…
