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Business and Finance

Government asks airlines to keep fares in check amid Jet Airways crisis

Budget airline IndiGo said that it will enhance connectivity by operating 10 additional flights out of Mumbai and 8 additional flights from Delhi.

Jet Airways seeks Rs 400 cr instant funds to avoid closure, fleet down to 5 aircraft

Under the current regulations, the airline is required to operate five aircraft to save its air operating permit.

Jet Airways cancels all international flights till April 18, board to meet on Tuesday

Jet Airways' board will meet on Tuesday to chalk out future course of action after the airline failed to get emergency funding from lenders on Monday.

Jet Airways has fuel supply to run its flights only till Tuesday afternoon: Sources

At present, Jet is operating only 7 aircraft for domestic operations due to the grounding of over 80 per cent of its fleet by lessors owing to non-payment of dues.

Jet Airways pilots and engineers joining SpiceJet, other airlines at 30-50% pay cut

A SpiceJet executive said that the budget carrier was offering salaries based on their own structure and not the highly inflated one paid by Jet Airways.

More trouble for Jet Airways: 1,000 more pilots, engineers to stop work from midnight

A Jet spokesperson told TNM that this won't affect the existing seven domestic flights.

Jet employee union seeks FIR against Goyal, CEO Dube, SBI chief over unpaid salaries

The All India Jet Airways Officers & Staff Association asked Mumbai police to register offence under cheating, criminal breach of trust, misappropriation and other offences.

Infosys declares dividend of Rs 10.50 per share

The company also bought back shares worth Rs 1,546 crore out of total buyback size of Rs 8,260 crore since March 20 after receiving regulatory approvals.

Over 30 Jet Airways flights from Bengaluru, several from Chennai, Hyderabad cancelled

Nearly 30 Jet flights from Mumbai to Delhi, Bengaluru, Hyderabad and Chennai on April 12 and 13 and 23 flights from Delhi have also been cancelled.

Jet Airways’ lessors approach DGCA to de-register 18 aircraft over unpaid dues

At present, Jet Airways' operates 26 aircraft from a fleet size of 119.