Aviation Top Stories

Jalan Karlock Consortium claims enough fund to revive Jet Airways

By TBM Staff - Mumbai Tuesday, 25 July 2023, 10:30 AM 1126

The Jalan Karlock Consortium has reinforced belief that it has funds to revive the struggling airline; and the appointment of officials on prominent positions in the company. The Consortium has said that despite many challenges, it has sufficient funds not only to revive Jet Airways but also to pay all its creditors as per the […]Continue Reading

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CEO-designate of Jet Airways Sanjiv Kapoor resigns

By TBM Staff - Mumbai Tuesday, 2 May 2023, 11:00 AM 652

The CEO-designate of Jet Airways, Sanjiv Kapoor, has stepped down from his position, according to a statement released by Jalan Kalrock Consortium (JKC), which is preparing to acquire the grounded airline. Kapoor, an experienced aviation professional, had assumed the role of CEO of Jet Airways in April of last year. The JKC announced that the […]Continue Reading

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Jet Airways’ revival hits roadblock with former staff demanding INR 2.5bn

By TBM Staff - Mumbai Wednesday, 7 December 2022, 11:35 AM 547

Lenders to bankrupt Jet Airways India Ltd. are resisting a court-approved resolution plan, further delaying the airline’s return to the skies, according to people familiar with the matter and email communications seen by Bloomberg News. The primary dispute is about whether the new owners of Jet Airways need to pay more money into the pension […]Continue Reading

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Jet Airways to re-launch commercial operations from September

By TBM Staff - Mumbai Wednesday, 27 July 2022, 12:00 PM 1755

Jet Airways will start the process of hiring pilots for Airbus’ A320 aircraft, Boeing’s 737NG and 737Max planes as the airline is planning to resume its commercial operations in September. This comes after Jet Airways’ commercial operations were suspended on April 17, 2019, due to financial distress. “Good things come to those that wait – […]Continue Reading

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Jet Airways speeds up hiring, gets 10k applications since January

By TBM Staff - Mumbai Friday, 1 July 2022, 3:20 PM 712

According to a report in The Mint, Jet Airways has received more than 10,000 applications over the last six months, a sign that the aviation sector will see a hiring bustle in the coming months. The airline, which had gone belly up and shuttered operations in 2019, has received nearly 2,000 applications in the last […]Continue Reading

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Jet Airways gets DGCA approval to start commercial flights

By TBM Staff - Mumbai Monday, 23 May 2022, 11:31 AM 870

The DGCA (Directorate General of Civil Aviation) granted air operator’s permit to Jet Airways. This will allow the airline to restart commercial flight operations after remaining grounded for more than three years. The approval comes after the airline conducted proving flights for the safety regulator between May 15 and May 17. With the grant of […]Continue Reading