American Airlines Pilots To Test 737 MAX Software
American Airlines pilots will test Boeing's 737 MAX software fix on simulators this weekend. According to Reuters, this is a key step in restoring confidence in the jet after two fatal crashes. In the..
Credit: Wochit News Duration: 00:38 Published 6 hours ago
Indonesian Airline Cancels $5 billion Boeing 737 Max 8 Order
Garuda, Indonesia's flagship airline, canceled a $5 billion order of 49 Boeing 737 Max 8 jets in light of two deadly crashes within five months of each other. "Garuda passengers in Indonesia have lost..
Credit: Wochit Business Duration: 00:42 Published 11 hours ago
SBI is all set to control 15% of Jet Airways
India’s largest lender State Bank of India (SBI) is set to take an equity stake of at least 15 percent in Jet Airways India Ltd. as lenders to the carrier plan to convert part of their loans into..
Credit: Hindustan Times Duration: 00:29 Published on January 29, 2019
Jet Airways crisis: Lenders to make every effort to keep cash-strapped airline flying, says SBI chairman Rajnish Kumar Lenders, led by the SBI, are trying to revive debt-laden Jet Airways by a change in management as they feel collapse of the airline will not be good for... Firstpost 2 days ago
Etihad Airways refuses to infuse fresh funds into Jet Airways under current terms and conditions of resolution plan In an emergency meeting with State Bank of India (SBI) Chairman Rajnish Kumar on Monday, Etihad CEO Tony Douglas discussed the rescue plan for Jet Airways Firstpost 4 days ago Also reported by • Reuters India
Jet Airways crisis worsens as Indian government steps in, pilots threaten strike A crisis at India's Jet Airways deepened on Tuesday as an increasingly worried Indian government called for an emergency meeting, angry passengers demanded... Reuters 3 days ago Also reported by • Reuters India Jet Airways good aviation property, resolution plan ready to bail it out: SBI Jet Airways has over one billion dollars in debt and has to repay money to banks, lessors of planes and suppliers besides clearing pending salaries to its... DNA 2 days ago