Jet Airways employees seek interim financial relief till completion of resolution
NEW DELHI: Scores of Jet Airways employees on Tuesday gathered in the national capital and sought an interim financial assistance till completion of the insolvency resolution process. The once-storied full service carrier stopped flying on April 17 as it ran out of money for daily operations. An employees’ consortium has demanded that the Committee of […]
Jet Airways employees consortium, AdiGroup to bid for 75% of airline
NEW DELHI: In a first-of-its-kind initiative, a Jet Airways Employee Consortium and AdiGroup on Friday announced a partnership to bid for 75 per cent of the airlines through the NCLT process, members of the consortium said. The debt-laden company became the first domestic airliner to go into bankruptcy after the Mumbai Bench of the National […]
Aviation minister meets Shiv Sena MPs, Jet Airways employees on airline’s revival
NEW DELHI: Three days after taking charge as the Civil Aviation Minister, Hardeep Singh Puri on Monday met six Shiv Sena MPs and representatives of Employees’ Union of Jet Airways to discuss the revival of the beleaguered airline, which temporarily suspended operations in April. “A delegation of six Shiv Sena MPs led by Shri Anil […]
Jet Airways employees raise their demands outside Civil Aviation Ministry
NEW DELHI: Employees of cash-strapped Jet Airways protested outside the Civil Aviation Ministry on Tuesday, demanding revival of the airline and payment of their pending salaries. The protests come amid the struggles of State Bank of India-led consortium of lenders to find a buyer for the airline which ceased operations around mid-last month due to […]
SpiceJet hires 500 Jet Airways pilots and employees, may induct more
NEW DELHI: Budget carrier SpiceJet on Friday said it has already absorbed over 500 employees, including 100 pilots, of the grounded carrier Jet Airways and it is open to induct more as it adds more aircraft and routes in the times ahead. The Gurugram-based no-frills airline has already announced induction of 27 more planes -22 […]