Jet Airways News

Indian Carriers In Talks Over Fuel Supply

February 8, 2012

Reliance Industries is in talks with India's major airlines to provide jet fuel infrastructure and transport services, the company said on Wednesday, a day after a government panel approved direct fuel imports for carriers.
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Indian Carriers To Import Jet Fuel

February 7, 2012

Indian airlines will be allowed to import jet fuel directly under a proposal from a ministerial panel, Aviation Minister Ajit Singh said, sending airline shares sharply higher on the prospect they will be able to cut costs.
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Jet Air Posts Fourth Straight Quarterly Loss

January 20, 2012

Indian carrier Jet Airways posted a net loss of INR1.01 billion rupees (USD$20.06 million) in the October-December quarter --its fourth straight quarterly loss, as higher fuel costs and lower fares continued to hurt the company.
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Indian Airline Shares Up On Investment Hopes

January 18, 2012

Shares of Indian carriers rose on Wednesday, after the federal aviation ministry said it would recommend that the government allow foreign airlines to buy stakes of up to 49 percent in Indian airlines.
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India Moves To Let Foreign Airlines Invest

January 17, 2012

India's beleaguered airline industry was thrown a potential lifeline on Tuesday when the Aviation Ministry said it would recommended that the government allow foreign airlines to buy stakes of up to 49 percent in Indian carriers.
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Indian Carriers Shares Up Ahead Of Meeting

January 17, 2012

Shares of Indian carriers surged 7-12 percent ahead of a crucial meeting of a group of ministers in New Delhi that would consider allowing foreign carriers to invest in the beleaguered Indian aviation sector.
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India To Decide Soon On FDI In Airlines - Report

January 11, 2012

The Indian cabinet will soon consider whether to let foreign airlines buy stakes in Indian airlines, the Press Trust of India reported, quoting the country's civil aviation minister.
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Jet Airways Says Complies With All Safety Norms

January 11, 2012

India's Jet Airways, responding to a report by the federal aviation regulator that called into question the safety practices of the country's airlines, said on Tuesday it was in compliance with all global and domestic aviation safety norms.
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Indian Regulator To Review IndiGo Fleet Expansion

January 9, 2012

India's aviation regulator plans to review the massive fleet expansion plans of IndiGo, the country's No.2 airline, after a safety audit found a shortage of trained staff and alleged operational discrepancies, a report by the regulator shows.
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Jet Airways Plans Sale and Lease Back

November 30, 2011

Jet Airways, India's largest airline, plans to sell and lease back aircraft it owns to raise up to USD$300 million over the next six months and cut its debt, a senior official told reporters.
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