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Carrier <keyword id="6358200" type="General" weightage="100" keywordseo="jet-airways" source="Orion">Jet Airways</keyword> is on shaky ground and its shares declined more than 15 per cent in three days, revealed stock exchange <keyword id="35140" type="General" weightage="50" keywordseo="bse" source="Orion">BSE</keyword> on Wednesday. Many developments, pertaining to the airline, have occurred in a span of 1-2 weeks. According to reports, the aviation security agency BCAS on Wednesday withdrew the accreditation given to Jet Airways' aviation security training facilities while last Monday, the airline temporarily cut the salaries of some staff by up to 50 per cent and some were sent on leave without pay. In five days, the shares of the airline, which is currently at Rs 65.55 apiece, went down by almost 18 per cent while its shares declined 30.74 per cent in the past month. Its shares had been dropping by 45.01 per cent in the past six months. Adding one more hurdle to the headwinds, the aviation security agency Bureau of Civil Aviation Security (BCAS) has withdrawn the accreditation given to Jet Airways' aviation security training facilities amid continuing uncertainty over the recommencement of the airline's operations, "The competent authority has revoked the accreditation granted to both the Aviation Security Training Institutes (ASTIs) of <keyword id="15595241" type="General" weightage="50" keywordseo="jet-airways-at" source="Orion">Jet Airways at</keyword> <keyword id="11900977" type="General" weightage="50" keywordseo="gurugram" source="Orion">Gurugram</keyword> and Mumbai. The airline may apply afresh for approval of its ASTIs as and when it is ready for inspection...," BCAS said in a communication. According to reports, the Jalan Kalrock consortium has emerged as the winning bidder for the bankrupt airline through an insolvency resolution process. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/bajaj-pulsar-p150-with-an-air-cooled-engine-launched-at-1-17-lakh/slidelist/95709491.cms">Bajaj Pulsar P150 with an air-cooled engine launched at ₹1.17 lakh</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/vocal-for-local-online-commerce-unicorn-meesho-joins-ondc-to-aid-local-sellers/articleshow/95704818.cms">Vocal for local: Online commerce unicorn Meesho joins ONDC to aid local sellers</a>

Jet Airways' shares decline 15% in 3 days as headwinds gather

<ul class="summary-list"><li>A Cathay Pacific Airbus A350 U-turned on Monday due to an engine component failure.</li><li>After inspections, the airline found that 15 jets needed components replaced.</li></ul><a target="_blank" class="" href="https://www.businessinsider.com/best-first-class-lounge-hong-kong-cathay-pacific-the-pier-2024">Cathay Pacific</a> has canceled 24 flights and expects more to follow after discovering a problem with the Rolls Royce engines on over a dozen of its <a target="_blank" class="" href="https://www.businessinsider.com/air-india-airbus-a350-soon-flying-us-jfk-photos-2024-7">Airbus A350</a> jets.<a target="_blank" class="" href="https://www.businessinsider.com/rolls-royce-engine-factory-airbus-2017-6">Rolls Royce</a> said it would inform other airlines of any further developments. The same engine type is used on 88 aircraft around the world, according to ch-aviation data.Hong Kong-based Cathay Pacific said Monday that it began inspecting all 48 of its A350 jets after an inflight incident.According to data from Flightradar24, one of Cathay's jets was about 15 minutes into a flight from Hong Kong to Zurich early Monday morning when it turned back around.The airline said that upon inspection, it "identified an engine component failure" on the A350 in question.As a result, <a target="_blank" class="" href="https://www.businessinsider.com/cathay-pacific-asks-if-business-class-pax-would-bring-own-cutlery-2024-4">Cathay Pacific</a> said it inspected all 48 of its Airbus A350 jets within 24 hours. It found that 15 of them needed engine components replaced.The airline added that 24 flights have been canceled so far, 10 more are expected to be canceled on Wednesday, and potentially more up to Saturday.Rolls Royce's share price dropped as much as 5.7% on Monday but rebounded about 4% when the London Stock Exchange opened Tuesday morning."As well as providing support and guidance to Cathay Pacific, Rolls-Royce will also keep other airlines that operate Trent XWB-97 engines fully informed of any relevant developments as appropriate," the manufacturer said in a <a target="_blank" class="" href="https://www.rolls-royce.com/media/press-releases/2024/03-09-2024-statement-re-flight-cx383.aspx">statement</a>.It added that replacing the component can occur while the engine is still on the wing, reducing maintenance times.<div type="image" title="A close up of a Rolls Royce Trent XWB-97 engine on a Qatar Airways Airbus A350-1000 at the 2023 Paris Air Show" height="2267" width="3022" msid="113026958" hostid="261" sizebytes="630674"></div>Rolls Royce's Trent XWB-97 is the sole engine choice for the <a target="_blank" class="" href="https://www.businessinsider.com/see-inside-qantas-a350-1000-that-fly-worlds-longest-flight-2023-6">A350-1000</a>, the largest version of the widebody jet that can carry up to 480 passengers. The A350-900 uses a different Rolls Royce engine.According to ch-aviation data, Cathay Pacific is the joint-second top operator of the A350-1000, with 18 such jets. British Airways also has 18, while <a target="_blank" class="" href="https://www.businessinsider.com/toured-qatar-airways-airbus-a350-worlds-best-business-class-2023-6">Qatar Airways</a> has 24. Other operators include Etihad Airways, Japan Airlines, and Virgin Atlantic.Last November, <a target="_blank" class="" href="https://www.businessinsider.com/dubai-airshow-2023-highlights-most-important-moments-2023-11">Rolls Royce defended the Trent XWB-97</a> in the face of criticism from Emirates President Tim Clark.Cathay Pacific, one of just 10 airlines to be rated five stars by Skytrax, said it has "fully complied with all maintenance requirements of the engine manufacturer and stringent maintenance procedures are in place to ensure that our fleet is always operated safely.""This component was the first of its type to suffer such failure on any A350 aircraft worldwide," it added."At Cathay, safety of our customers and our people guides every decision we make. We sincerely apologize for the inconvenience caused and appreciate our customers' patience and understanding."Monday's inflight incident is being investigated by authorities in Hong Kong.

After an Airbus A350 U-turned due to an engine problem, an airline found 15 jets with the same issue

<ul class="summary-list"><li>Emergency services attended to 12 injured from turbulence on a Doha-Dublin flight.</li><li>The Qatar Airways plane met turbulence over Turkey, injuring passengers and crew.</li></ul>Emergency services are attending to 12 people who were injured due to turbulence on a flight from Doha to Dublin.The Qatar Airways Boeing 787-9 Dreamliner plane landed shortly before 1 p.m.Flight QR017 was met by airport police and Dublin Airport's fire and rescue department after six passengers and six crew members sustained injuries from mid-flight turbulence, DAA, Dublin Airport's operator, told Business Insider. The Qatar Airways plane was flying over Turkey when it encountered turbulence, DAA said.In a statement shared with BI, Qatar Airways said: "Qatar Airways can confirm that flight QR017 a Boeing B787-9 from Doha to Dublin has landed safely. A small number of passengers and crew sustained minor injuries in flight and are now receiving medical attention. The matter is now subject to an internal investigation. The safety and security of our passengers and crew are our top priority."Earlier this week, a <a target="_blank" href="https://www.businessinsider.com/singapore-airlines-passenger-dies-after-severe-turbulence-2024-5?mrfhud=true">similar incident unfolded</a> when severe turbulence caused a death on a flight from London to Singapore.As many as 71 passengers were injured, some of whom were admitted to hospitals in Bangkok, where the Singapore Airlines plane was diverted following critical injuries from the turbulence.A 73-year-old British man, Geoff Kitchen, on board, died as a result of the turbulence encountered on Flight SQ321 on Tuesday.<a target="_blank" href="https://www.businessinsider.com/pictures-show-chaotic-aftermath-singapore-flight-debris-blood-on-ceiling-2024-5#flight-sq-321-from-london-to-singapore-was-diverted-to-bangkok-after-encountering-severe-turbulence-1">Images from the diverted flight</a> show debris strewn across the cabin and blood on the ceiling.<div type="image" title="A general view of the cabin of Singapore Airlines flight SQ321, which was hit by severe turbulence." height="3548" width="4728" msid="110442683" hostid="261" sizebytes="730154"></div>Both incidents of severe turbulence this week occurred on Boeing aircraft. The Singapore-bound plane was a <a target="_blank" href="https://www.businessinsider.com/british-airways-boeing-777-new-york-london-economy-review-2024-3#although-i-didnt-plan-to-sleep-on-the-daytime-transatlantic-flight-i-was-happy-with-the-headrest-a-must-for-me-when-sleeping-on-airplanes-9">Boeing 777</a>.A <a target="_blank" href="https://www.businessinsider.com/all-the-criticism-boeing-has-faced-from-airline-chiefs-for-the-737-max-2024-2">737 Max 9 jet used by Alaska Airlines lost its door plug</a> midair in January, forcing an emergency landing.Business Insider contacted Boeing for comment.This is a developing story…

12 people were injured by turbulence on a Qatar Airways flight to Dublin

<ul><li>Shares of <keyword id="6358200" type="General" weightage="20" keywordseo="jet-airways" source="Orion">Jet Airways</keyword> (India) were locked in a 5% upper circuit at ₹90.30 on Friday on news that the airline is in talks with Boeing Co and Airbus SE for an order worth $12 billion.</li><li>The airline, which has been grounded since 2019, is expected to resume its operations in the first quarter of FY23.</li><li>The new owners Jalan-Kalrock consortium's resolution plan for Jet was approved by a bankruptcy court in June.</li></ul>Shares of Jet Airways (India) are in the spotlight as the stock is locked in a 5% upper circuit at ₹90.30, on December 3, on news that the airline is in talks with aircraft manufacturers Boeing Co and Airbus SE for an order worth $12 billion. BloombergQuint reported that new owners -- Murari Lal Jalan and Kalrock -- said it could buy at least 100 narrow-body aircraft. The group is set to invest about $200 million through equity and debt in Jet over the next six months, said the media firm in a tweet. <div type="javascript" title="Custom" contenttype="Image"><cdata><![CDATA[ ]]></cdata></div> The airline has been through a lot of turbulence in the last couple of years and is now in the news for resuming its operations by adding new aircraft. Jet Airways went to bankruptcy court after being grounded in April 2019. Later in June 2021 new owners -- UK-based Kalrock Capital Partners and UAE-based businessman Murari Lal Jalan -- took over the defunct airline. Now the airline is expected to resume its domestic flights in the first quarter of the next financial year that starts from April 1, 2022. <div type="image" title="jet air" height="900" width="1200" msid="88067635" hostid="261"></div> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/poor-demand-for-star-healths-ipo-forces-investment-bankers-to-cut-down-on-promoter-offerings/articleshow/88065207.cms">Poor demand for Star Health’s IPO forces investment bankers to cut down on promoter offerings; GMP at ₹10 discount</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/no-crypto-ban-in-india-sebi-will-reportedly-be-pulled-in-to-regulate-the-sector/articleshow/88065166.cms">No crypto ban in India — SEBI will reportedly be pulled in to regulate the sector</a>

Jet Airways stock flies on news that the airline is in talks to buy 100 aircraft ahead of its comeback

Future Retail, Jet Airways, Adani Enterprises and other hot stocks on January 6

<ul><li>The stocks of the grounded airline <keyword id="6358200" type="ORGANIZATION" weightage="20" keywordseo="jet-airways">Jet Airways</keyword> have more than quadrupled investors' wealth since September 30 after a massive rally.</li><li>Murari Lal Jalan of the Jalan-Kalrock consortium said that they expect to restart the defunct airline's operations in four to six months after receiving approval from the NCLT.</li><li>In an interview, the new promoters said the company would retain the 'Jet Airways' brand and keep the airline public.</li></ul>The grounded airline Jet Airways’ stocks have more than quadrupled investors' wealth since September 30 after a massive rally. The 308% jump in its shares in just four months has made investors curious despite the airline being grounded after incurring heavy losses, the airline stock has been able to woo people to fuel up its share price. <div type="image" title="Jet share price (1)" msid="81154639" hostid="261"></div> Meanwhile, the stock was today locked in an upper circuit when the broader market plummeted by over 1100 points, and its listed peers IndiGo, SpiceJet were down 4% and 3%, respectively, amid weak global cues. <div type="Article" hostid="261" msid="81150110" title="One in every five rupees lent by SBI to individuals, goes to government employees" mstype="2" mssubtype="0"></div> Here's what made the investors cheers despite an overall selloff: The new owner is in a hurry to take the airline airborne with 25 aircrafts Murari Lal Jalan of the Jalan-Kalrock consortium told PTI that they expect to restart the defunct airline's operations in four to six months after receiving approval from the National Company Law Tribunal (NCLT) for its resolution plan. Earlier in December last year, Jalan said that it plans to operationalise Jet Airways by the summer of 2021, subject to certain conditions. The NCLT likely to take a final call on the airline's resolution plan, the winning consortium's lead member Murari Lala Jalan told that "everything is on track" as far as the revival efforts for the carrier are concerned. Stressing that he is very positive about the Indian aviation sector, the new owner of Jet Airways said that initially, the airline would resume flying with around 25 aircraft. "We are very hopeful that it (NCLT nod) will come," he said, adding that a delay of one or two months here and there would not make a difference for such a big thing as reviving the airline. The company plans to remain public In another interview, the new promoters said the company will retain the 'Jet Airways' brand and will keep the airline public. "We will definitely continue the way it was. Jet will remain a full-service offering...The name of the airline will also remain unchanged, Jalan told <a href="https://www.livemint.com/companies/news/jet-to-remain-public-restart-with-25-planes-11613953029156.html">LiveMint</a>. Jalan further added that the company also has plans to rehire some of the old employees. "Jet's former staff are assets and we will definitely want to look after them. We will do whatever is possible and whatever is practical. They are human capital, and experienced professionals, who we are looking forward to working with," he added. All plans in place While there has been a curiosity that even if the airline can cope with the delays of NCLT and other paperwork, will it be able to secure its slots? Jalan, in its interview, made it clear that the airline will get its slots back. "We are very optimistic. We have been assured by the ministry (of civil aviation) that whatever slot is required will be made available. Also, a lot more slots are available now than what a year ago. I don't foresee any problem with slots," said Jalan. The company also plans to keep Delhi, Mumbai, and Bengaluru as its hub like before. The revival plan proposes to support Tier-2 and Tier-3 cities by creating sub-hubs in such cities. Likely turbulence that investors should not ignore Jet Airways, the once-storied full-service carrier, was grounded in early 2019 and subsequently is undergoing proceedings under the Insolvency and Bankruptcy Code (IBC). This despite the tribunal itself classifying the case as one of national importance, there were no hearings at the NCLT between October last year and early February. The law mandates that the corporate insolvency resolutions process (CIRP) to be finished within 330 days after proceeding. However, in the case of Jet, the process has crossed over 530 days. SEE ALSO:<a href="https://www.businessinsider.in/politics/india/news/puducherry-government-falls-as-chief-minister-v-narayanasamy-loses-trust-vote-in-assembly/articleshow/81148119.cms">Puducherry Chief Minister V Narayanasamy resigns after Congress-led govt loses majority</a><a href="https://www.businessinsider.in/politics/india/news/puducherry-government-falls-as-chief-minister-v-narayanasamy-loses-trust-vote-in-assembly/articleshow/81148119.cms"></a> <a href="https://www.businessinsider.in/careers/news/deutsche-bank-plans-to-hire-1000-freshers-in-india-as-it-looks-to-build-core-technologies-in-house/articleshow/81147886.cms">INTERVIEW: Deutsche Bank plans to hire 1,000 freshers in India as it looks to build core technologies in-house</a>

This defunct airline’s stock has grown four times in just over 4 months — here's why

<ul class="summary-list"><li>A British Airways flight lasted nine hours but ended up back where it started after a technical issue.</li><li>The Boeing 787 reached Newfoundland before turning back across the Atlantic to London Heathrow.</li></ul>Dozens of <a target="_blank" href="https://www.businessinsider.com/british-airways-boeing-777-new-york-london-economy-review-2024-3">British Airways</a> passengers endured a nine-hour "flight to nowhere" after crossing the Atlantic twice.Monday's Flight 195 took off from London Heathrow for Houston about 30 minutes late, per data from <a target="_blank" href="https://www.flightradar24.com/data/flights/ba195#359b9ec8">Flightradar24</a>.After five hours, the <a target="_blank" href="https://www.businessinsider.com/boeing-787-flies-passengers-antarctica-historic-flight">Boeing 787 Dreamliner</a> reached the coast of Newfoundland — but only as it began to turn around.Four hours later, the jet was back in London, having flown around a 4,600-mile round trip.In a statement shared with Business Insider, a British Airways spokesperson said the flight returned "as a precaution due to a minor technical issue.""We've apologized to our customers for the disruption to their journey," they added.British Airways has also rebooked them onto the next available flights, provided hotels, and details on how to claim for other expenses.Going all the way back across the Atlantic may seem like a strange decision, but the problem was minor enough to allow it to reach Heathrow, where BA has a maintenance facility.For both passengers and the airline, that's likely preferable to a diversion to northern Canada.Last December, <a target="_blank" href="https://www.businessinsider.com/delta-air-lines-passengers-stranded-remote-canadian-town-technical-problems-2023-12">Delta Air Lines sent three jets to rescue passengers from a remote military base</a> in Newfoundland and Labrador.The flight had diverted there following a technical issue, but freezing conditions and limits on how long the flight crews could work left passengers stranded there for over 24 hours. The 270 passengers stayed overnight at the military barracks.In a similar incident, an Air France flight from Paris to Seattle was <a target="_blank" href="https://www.businessinsider.com/boeing-787-diverted-to-canadian-arctic-flight-canceled-to-rescue-them-2024-5">forced to divert to Canada's far north</a> last month. Another flight had to be canceled in order to rescue the passengers from Iqaluit, the capital of Canada's Nunavut territory, which has a population of less than 8,000.

A British Airways flight to nowhere went across the Atlantic before turning back and flying 2,300 miles home after a technical issue

Hero MotoCorp, Jet Airways and other stocks to watch out for on June 23

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<ul><li>The 30-share BSE index opened 150.72 points higher, and the NSE Nifty was up 0.34% at 13,402.70.</li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian equity benchmark indexes touched a fresh lifetime peak in early trade on Tuesday tracking gains in index majors Infosys, HDFC Bank and Maruti amid persistent foreign fund inflow. The 30-share BSE index opened 150.72 points higher, and the NSE Nifty was up 0.34% at 13,402.70. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">UltraTech Cement </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Sun Pharma </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">RIL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Coal India </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HCL Tech </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IndusInd Bank </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">UPL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JSW Steel </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tech Mahindra </td></tr></tbody></table>*as of December 8, 10:30 am These are the top stocks in news today. Reliance Industries shares trade 3% higher The Mukesh Ambani-owned RIL shares soared 3% after a tepid start on Tuesday. While speaking at the India Mobile Congress 2020, Ambani said<a href="https://www.businessinsider.in/business/telecom/news/mukesh-ambani-says-jio-will-rollout-5g-services-by-june-2021-and-it-will-go-beyond-india/articleshow/79619222.cms"> Jio would start 5G services</a> by the second quarter of CY21. [link it] Canara Bank surges 7% The shares of Canara Bank <a href="https://www.businessinsider.in/finance/banks/news/canara-bank-launches-2000-crore-qip-sets-the-floor-price-at-103-50-per-share/articleshow/79617503.cms">surged almost 7%</a> after the bank announced that it had set a floor price of ₹103.50 per share for its qualified institutional placement (QIP) to raise up to ₹2,000 crore. The bank sought its shareholders’ nod during the annual general meeting, held in August, for raising up to ₹2,000 crore by way of QIP. Coffee Day Enterprise soars 5% The shares of Coffee Day Enterprise soared nearly 5% after it appointed Malavika Hegde, the wife of late VG Siddhartha Hegde, has been appointed as Chief Executive Officer (CEO) of the company from December 7. Jet Airways advances 5% The shares of Jet Airways advanced over 5% after the consortium led by Murari Lal Jalan, and Kalrock Capital said that it plans to <a href="https://www.businessinsider.in/india/news/jet-airways-could-resume-operations-by-summer-of-2021/articleshow/79607964.cms">operationalise Jet Airways by the summer of 2021</a>, subject to certain conditions. Accordingly, the consortium has announced the revival of Jet Airways as a full-service carrier. Godrej Properties gains nearly 3% The shares of Godrej Properties gained nearly 3% after the company on Tuesday announced that it has entered into an outright transaction to purchase a well-located land parcel in Whitefield, Bangalore. Titan gains nearly a percent The shares of Titan gained nearly a percent after its board has decided to scale down the operations of its wholly-owned subsidiary, Favre Leuba AG (FLAG), with immediate effect. Titan said that it has been continuously supporting FLAG, and has made a series of investments. However, the current COVID-19 pandemic has severely impacted the revival plans and prospects. SEE ALSO: <a href="https://www.businessinsider.in/science/health/news/bharat-biotech-applies-for-emergency-use-approval-for-its-covid-19-vaccine-covaxin/articleshow/79617391.cms" data-type="tilCustomLink">Bharat Biotech applies for emergency use approval for its COVID-19 vaccine Covaxin</a> <a href="https://www.businessinsider.in/science/health/news/covid-19-vaccine-in-india-expert-panel-to-review-pfizer-serum-and-bharat-biotechs-emergency-use-application-tomorrow/articleshow/79617336.cms" data-type="tilCustomLink">COVID-19 vaccine in India: Expert panel to review Pfizer, Serum and Bharat Biotech's emergency use application tomorrow</a>

You Searched For "Jet Airways shares" and got 10 results

Jet Airways' shares decline 15% in 3 days as headwinds gather

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After an Airbus A350 U-turned due to an engine problem, an airline found 15 jets with the same issue

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12 people were injured by turbulence on a Qatar Airways flight to Dublin

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Jet Airways stock flies on news that the airline is in talks to buy 100 aircraft ahead of its comeback

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This defunct airline’s stock has grown four times in just over 4 months — here's why

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A British Airways flight to nowhere went across the Atlantic before turning back and flying 2,300 miles home after a technical issue

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