Jet Airways has suspended all flights after a search for emergency funding failed. The Indian carrier said its last flights had now departed as it was not able to pay for fuel and other critical services.
Jet Airways has suspended all international flights as the crisis at the Indian carrier deepens. The largest private airline in India, Jet saddled with more than $1 billion of debt and is seeking a financial lifeline to avoid collapse.
Jet Airways founder and chairman, Naresh Goyal, has stepped down from his role with the carrier as it battles insolvency. The move is part of a deal that will see the Indian airline taken over by a consortium of lenders, led by the state bank of India.
Jet Airways has received its fifth Boeing 737 MAX, as part of its fleet modernisation plan in line with its commitment to offer its guests a considerably superior and differentiated flying experience.
Jet Airways has increased the frequency on its new direct Manchester to Mumbai service, before the first plane has even taken off. The airline will now offer five flights a week to the Indian city, giving people of the North increased flexibility and options.
Boeing and Jet Airways have celebrated the delivery of the airline’s first 737 MAX airplane. Jet Airways will be first Indian carrier to fly the new and improved 737 airplane, which delivers a double-digit improvement in fuel efficiency and improved passenger comfort.
Jet Airways will launch the first non-stop service between Manchester and Mumbai on November 5th. Further strengthening its flight offering in the United Kingdom and Jet Airways’ commitment to opening up travel to India for UK business and leisure travellers, the service will operate four days a week including Monday, Thursday, Saturday and Sunday.
Jet Airways has appointed Athar Khan as its vice president for Americas to leverage the sales and distribution strength of its partners - Delta Air Lines, Virgin Atlantic and Air France KLM Royal Dutch Airlines - in order to increase high quality sales in North American markets.
Aeromexico and Jet Airways have launched a codeshare partnership, with tickets going on sale. The carriers hope the deal will allow passengers to travel to and from both countries by connecting via London to Mexico City, Delhi or Mumbai, as of May.
Jet Airways announced its first order for 75 MAX airplanes in 2015 as part of a strategy to refresh its fleet with the most modern and environmentally progressive airplanes. The newest order adds 75 more MAXs to support the airline’s future expansion.
Jet Airways will introduce 144 weekly flights in the first phase of its forthcoming summer schedule. The new schedule will feature a combination of non-stop services – several of them on brand new routes – as well as direct, one-stop services on new city pairings.