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Indian aviation sector now down to just a single full-service carrier, ahead of Vistara's merger with Air India

India's aviation sector is about to undergo a major change. Vistara is merging with Air India. This…

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4 mins read

It’s not just COVID-19 ⁠— SpiceJet’s survival is getting challenged by rising costs, low cash, and new players with deep pockets

The odds of SpiceJet’s survival are turning against the Gurugram-based low-cost airline with every …

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1 min read

Jet Airways stock hits lower circuit

The CoC may seek an extension in the deadline in the face of no potential bidder coming forward an…

PTI   


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Jet Airways to sell Netherlands biz to KLM

New Delhi, Jan 17 () Bankrupt Jet Airways plans to sell its Netherlands business to KLM Royal Dutch…

PTI   


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A 51-year-old PMC Bank depositor who has ₹90 lakh with the bank dies of heart attack

Sanjay Gulati, a resident of suburban Oshiwara, went to a protest march held outside a city cour…

PTI   


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Jet Airways’ desperate search for a new investor takes it to the US, Singapore and UAE

Under the airline’s resolution plan, a consortium of banks, led by SBI, will conver…

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Some employees in India are stepping up with investments to save the company and their jobs

The tables have turned as employees of troubled companies are saving them instead of quickly jumpin…

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As Jet remains grounded, Indian airlines are increasing their fleets to rein in surging ticket prices

This only served to hurt consumers, as they were forced to book flights at high prices while …

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One of India’s oldest airlines is now its smallest by fleet size

“As mentioned earlier, the Company is actively engaged with all its aircraft lessors and regul…

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Punjab National Bank has reportedly given Jet a ₹20.5 billion lifeline to keep it airborne

The emergency funding is split in two parts - foreign currency loans of ₹11 billion and a credi…

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Lenders’ plan to keep Jet Airways' afloat may put Etihad in the cockpit

On one hand, it involves a $450 million capital infusion by cash-poor Jet Airways and its part…

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1 min read

Air Italy will end operations and liquidate, becoming the latest airline to fail

The airline said it would continue to operate flights through February 25. Anyone with flights afte…

David Slotnick   


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Jet CoC to seek 2 months extension for bids from NCLT

The CoC may seek an extension in the deadline in the face of no potential bidder coming forward an…

PTI   


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The threat of bankruptcy forces Etihad and Naresh Goyal to call for truce

“Jet Airways, its principal shareholders, including Etihad Airways, and key financial stakeholde…

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Japan Airlines Grounds Dreamliner Jet After Finding 'White Smoke' Coming From A Battery

JAL and chief rival All Nippon Airways (ANA), the single biggest operator of 787s, were among airli…

Agence France Presse   


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Bank of America upgrades airline stocks on stock-market momentum, but warns the industry is still vulnerable with valuations above pre-pandemic levels

Bank of America analyst Andrew G. Didora has a buy rating for JetBlue, Alaska Airlines, and Southwe…

Emily Graffeo   


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3 mins read

Business highlights

DEL134 CAB-LD YESBANKMoratorium on Yes Bank to go soon; govt approves bailout planNew Delhi: Cash …

PTI   


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Detrimental impact of Covid-2019 on economy to affect transport Infra: Icra

On the performance of airport operators, Burla added, "The impact on airport operators can be viewe…

PTI   


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This single flight shows the complexities of the airline industry's nastiest feud

American, Delta, and United have all traditionally offered non-stop service between the Big Apple a…

Benjamin Zhang