May 26, 2019 12:23 am ET
April 22, 2019 2:45 pm ET -
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…
April 20, 2019 10:58 pm ET -
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…
April 17, 2019 11:58 am ET -
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…
April 13, 2019 12:25 pm ET -
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,…
February 18, 2019 10:25 am ET -
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…