As Jet Airways turned 26 on Sunday, hundreds of employees of the now shuttered airline gathered at the airport here continuing with their pleas for saving the carrier.
A group of frequent flyers of the embattled Jet Airways has approached key lenders including SBI, ICICI to submit Revival Of Jet Airways or Roja plan.
The Delhi High Court has issued a notice to Jet Airways on plea seeking refund of airfares to passengers affected due to the temporary suspension of flights.
In one of its largest hiring exercise since it began operations over three years back, the premium carrier Vistara is hiring around 500--100 pilots and 400 cabin crew--mostly from the grounded Jet Airways, say industry and airline sources.
In continuing woes for staff, Jet Airways has said there are no funds to pay premium for the group mediclaim policy that expires on Tuesday.
As uncertainty continues over the fate of the shuttered Jet Airways, an employees' consortium has proposed to take over the airline with at least Rs 3,000 crore expected from outside investors for the bid, according to two staff unions.
Employee of embattled Jet Airways ended his life by jumping off the roof of his apartment, say reports
Here are 10 points that explain how Jet Airways went from top airline to near bankruptcy
A Jet Airways employees' union has asked aviation regulator DGCA to stop allocation of the airline's slots to other carriers till the bidding process for stake sale is complete.
According to industry insiders, nine India based banks and two international lenders are expected to suffer major write-off with one of the interested parties asking for over 80 per cent write-off
An employee union of Jet Airways has said they will neither let the airline go down nor tolerate casual talk to dismantle it "piece by piece".
While lenders are "reasonably hopeful" of a successful bidding process, sources said banks are working on a plan B in case things don't progress as expected.
“To keep them where they are and to give them hope we need to pay them at least a month’s salary or more. The finance minister has assured us to look into that,” Dube said after the meeting.
Employees of Jet Airways have written to President Ram Nath Kovind and Prime Minister Narendra Modi seeking their intervention to recover outstanding dues as well as to expedite the process of emergency funds for the airline, which has shuttered its operations temporarily.
SpiceJet chairman and managing director Ajay Singh in a statement Friday said that his carrier is giving "first preference" to Jet Airways staff in recruitment.
Bank unions Friday urged Prime Minister Narendra Modi to take over grounded Jet Airways to secure the future of the 22,000-odd employees of the carrier.
An internal mail accessed by IANS suggests that talking with external stakeholders especially the media might impact the bidding process for airline's stake sale.
Jet Airways have temporarily shut down operations from April 11 leaving many passengers stranded at several international airports.
The ministry has also asked airlines to keep fares at affordable levels and not indulge in predatory pricing ways.
During a meeting with representatives of airlines Thursday, the ministry told them that they should not resort to predatory pricing and keep the prices at affordable levels.
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