Vistara Acquires ex-Jet Airways Boeing 737s

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…

Qatar Airways Looks to Take Further Hold of India Market

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…

Jet Airways Chief Executive and CFO Announce Resignations

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,…

Indian Airlines Eyeing Jet Airways’ Assets

With the grounding of Jet Airways in mid-April, other Indian airlines have begun circling trying to get a piece of what remains of the carcass. In order to maintain current levels of capacity, the Indian aviation ministry is granting airlines such as SpiceJet and IndiGo many of Jet’s highly-coveted slots…

Air India Close to Defaulting on Loans for Aircraft Purchases

The Indian aviation market faces more turmoil as state-owned carrier Air India is potentially about to default on just over $1 billion in loans due this financial year which were used for the purchase of aircraft. The news comes in the same week as Jet Airways ceased flight operations after…

SpiceJet Hires Jet Airways Employees Following Cancellation of All Flights

The past few months in the Indian aviation market have been dominated by the tumultuous financial struggles of Jet Airways. These struggles came to a head last week when the airline announced it was ending all flights. The end of operations of India’s largest private airline has not only left…

Jet Airways ‘Compelled to Cancel’ All Flights After Failure to…

India’s beleaguered carrier Jet Airways issued a statement on Wednesday suspending all flight operations. The airline, which had cancelled all international and some domestic services from last week and was left with only five aircraft in service, advised that the State Bank of India (SBI)representing a consortium of Indian lenders…

Nearly 70 Percent of Jet Airways’ Fleet Grounded as Airline…

Beleaguered Indian airline Jet Airways has suspended all international operations amid its continued financial struggles. The suspension is currently planned until Monday when airline officials will be meeting with lenders to attempt to secure more funding. Flights to London, Paris, and Amsterdam are among those suspended with passengers booked on…

New Jet Airways Bailout Plan Emerges Following Airline’s Default on…

As reported in late January, Indian airline Jet Airways has been experiencing cash flow troubles that have forced the airline to delay salaries, payments to vendors and more. Aircraft deliveries have also been delayed as the Boeing 737 MAX was supposed to join the fleet in March but has since…