Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

India's Jet Airways suspends flights, runs out of money to fly

New Zealand Herald Thursday, 18 April 2019
India's Jet Airways suspends flights, runs out of money to flyJet Airways, once India's largest airline, announced on Wednesday that it is suspending all operations after failing to raise enough money to run its services.The company said it has been informed by its lenders, led by state-run...
0
shares
ShareTweetSavePostSend
 
Credit: Al Jazeera STUDIO - Published < > Embed
News video: Jet Airways grounded, employees desperate to save jobs

Jet Airways grounded, employees desperate to save jobs 02:28

Once considered India's premier private airline, it has suffered financial difficulties for years.

Recent related videos from verified sources

India: Jet Airways workers demand end to grounded airline's crisis [Video]India: Jet Airways workers demand end to grounded airline's crisis

Jet Airways employees held a demonstration in India&apos;s financial capital Mumbai on Wednesday, demanding a resolution to the grounded airline&apos;s crisis. David Pollard reports.

Credit: Rumble     Duration: 01:08Published

India: Jet Airways workers demand end to grounded airline's crisis [Video]India: Jet Airways workers demand end to grounded airline's crisis

Jet Airways employees held a demonstration in India's financial capital Mumbai on Wednesday, demanding a resolution to the grounded airline's crisis. David Pollard reports.

Credit: Reuters - Business (Amazon FireT     Duration: 01:08Published

Boeing Cuts Orders From Backlog [Video]Boeing Cuts Orders From Backlog

According to Reuters, Boeing cut 210 orders from its backlog after an Indian air career indefinitely cancelled flight operations. India's Jet Airways cancelled their flights after lenders rejected an..

Credit: Wochit     Duration: 00:48Published

Boeing Cancels Orders For India's Jet Airways [Video]Boeing Cancels Orders For India's Jet Airways

According to Reuters, Boeing removed 210 aircraft from its order backlog. The decision was made due to financial troubles for India's Jet Airways. The Indian air career indefinitely cancelled flight..

Credit: Wochit     Duration: 00:43Published

What ails India’s airlines? [Video]What ails India’s airlines?

India's domestic aviation industry is one of the fastest growing in the world. But with soaring demand comes cut-throat competition, and pressure to keep costs low. Most Indian airlines, facing a..

Credit: BBC World News - Affiliate     Duration: 02:22Published

India's Jet Airways runs out of cash, shuts down [Video]India's Jet Airways runs out of cash, shuts down

Jet Airways, once India&apos;s largest private airline, is over a billion dollars in debt and has not paid its pilots and employees in weeks. It has also decided to pull its planes from the skies...

Credit: Rumble     Duration: 01:27Published

India's Jet Airways runs out of cash, shuts down [Video]India's Jet Airways runs out of cash, shuts down

Jet Airways, once India's largest private airline, is over a billion dollars in debt and has not paid its pilots and employees in weeks. It has also decided to pull its planes from the skies. Jayson..

Credit: Reuters - Business (Amazon FireT     Duration: 01:26Published

India's Second-largest Airline Runs Out Of Money [Video]India's Second-largest Airline Runs Out Of Money

According to Business Insider, the Embattled Indian airline Jet Airways will temporarily shut down on Wednesday. Reuters has reported that India’s second-largest airline has about $1.2 billion in..

Credit: Wochit     Duration: 00:44Published


Recent related news from verified sources

Air India dumps plan of acquiring Jet's Boeing B777 planes

Air India had been eyeing Jet Airways' fleet for some time now. That plan is on the back-burner. Inside, on what happens to Jet's fleet and the role of State...
Sify

Domestic air travel: India slips to 4th slot

A sharp rise in airfares after Jet Airways began reducing flights from earlier this year, grounding of Spice-Jet's Boeing 737 Max and the economic slowdown in...
IndiaTimes Also reported by •Reuters India

Jet Airways employees hold silent protest at Mumbai International Airport, seek govt intervention to solve crisis

Jet Airways had on 17 April suspended all domestic and international flights after failing to secure emergency funds from its lenders
Firstpost

State Bank of India gets sealed bid for Jet Airways from Etihad

A unit of State Bank of India, which is overseeing the bidding process for Jet Airways Ltd, said on Friday it had received a sealed bid from Etihad Airways, and...
Reuters Also reported by •Reuters India

Jet Airways pilots' union asks India's top court to direct lender to release funds

Jet Airways' pilots' union has appealed to India's top court to direct state lender, State Bank Of India, to release interim funding to the grounded airline,...
Reuters Also reported by •Reuters India

Etihad submits bid for India's Jet, eyes minority stake

Middle Eastern carrier Etihad Airways has submitted a bid for a stake in India's Jet Airways, the unit of State Bank of India (SBI) overseeing the sale of the...
Reuters Also reported by •Reuters India

Jet Airways revival: Etihad Airways bids for minority stake in beleaguered airline; SBI-led lenders' consortium, NIIF to get hit

Etihad Airways' decision to bid for Jet Airways could possibly be a way to preserve the bilateral it was given, as well as to protect its India feed.
Firstpost

You Might Like


Other recent news in Lifestyle

Tree older than Tāne Mahuta found in American swamp could soon be killed by CLIMATE CHANGELegendary Hollywood actress and singer DORIS DAY dies aged 97
Felicity Huffman pleads guilty in college ADMISSIONS SCANDALLove gets toxic for Shahid Kapoor in 'KABIR SINGH' trailer
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.