Page 11 - Jet Airways Crisis

Jet not paying statutory dues to employees who left in past 2 months: Union

The airline's ground staff held a silent protest at Mumbai airport and then marched to the local police station seeking criminal action against the management

High Court issues notice to Jet on plea for refund, alternative flights

The court's directions came on a plea, filed by activist Bejon Kumar Misra, which had said that the sudden suspension of air services of Jet has resulted in a major crisis for passengers

In pics: Jet staff protest, pay homage to colleague who committed suicide

On occasion of Labour Day, Jet Airways employees also organised a peaceful protest and requested the government's interference to save the airline

No funds to pay premium for group mediclaim policy: Jet Airways to staff

Noting that the group mediclaim policy would cease from May 1, Jet Airways Chief People Officer Rahul Taneja urged employees to take a medical insurance cover of their choice

Vistara to hire 100 pilots, 400 cabin crew from grounded Jet Airways

The grounding of Jet has come as an opportunity for the market to hire readily-available skilled workforce from the licenced categories and deploy them directly into

Jet Airways crisis: Employees step in to bid for airline's revival

Employees consortium claims it can secure an investment of Rs 3,000 crore to kick-start operations and settle dues

Ask SBI to release one month's salary to Jet Airways staff: NAG to PM Modi

The airline has not paid March salaries to its over 20,000 employees. Jet ceased operations on April 17

No word from promoters, banks on salaries: Vinay Dube to Jet Airways staff

The now grounded airline has not paid March salaries to its over 20,000 employees

Foreign carriers eye quick windfall, opportunity as Jet Airways crumbles

Jet's descent into crisis has benefited international airlines in the form of rising fares and demand

Jet tells travel agents it will validate ticket refund claims in 45 days

The airline said a web interface has been created and agents have been asked to submit claims till May 20

HC to hear plea for refund, alternative flights to Jet passengers next week

The bench observed that the petition was all in the media reports even before coming up for hearing in the court.

Now, lenders ask DGCA to deregister crisis-hit Jet Airways' aircraft

While the DGCA has deregistered more than 30 planes on requests from lessors, this is the first such application from lenders

Air cargo market in a tizzy as Jet grounding drives up delivery costs

The nature of Jet's aircraft routes was such that its early morning flight departures to some of the key markets were critical for logistic players as they ensured timely delivery of cargo

Lenders jittery over EY's negative report on cash-strapped Jet Airways

The report is not a full-fledged forensic audit on the airline and has pointed out some discrepancies in the airline's books

Jet Airways bids set to draw a blank; Etihad to say no, TPG backs out too

Among others, US-based private equity firms TPG Capital and Indigo Partners have not yet started any due diligence, in an indication that they don't intend to submit a binding bid

Jet saga: All board members are equally liable for the crisis, say lawyers

This is because they failed to put a proper risk management system in place

Direct govt and DGCA to provide refund to Jet passengers: Plea in Delhi HC

The petitioner contends that all other airlines have "exorbitantly increased their fares and the toothless and vulnerable consumers are constrained to suffer"

With Jet Airways gone, Indian carriers need to add more than 210 planes

Or else customers will face capacity shortages and high fares

Jet employees union writes open letter; says will never let airline go down

The letter has come against the backdrop of Minister of State for Civil Aviation Jayant Sinha's reported comments that capable employees of Jet Airways would be absorbed by other airlines

Jet crisis: From SBI to IOB, PSBs to be hit hardest if there's no buyer

Any potential buyer of Jet would be staring at a total debt of around Rs 11,000 crore unless they get substantial write-offs