Jet Airways said the report on Tata Group being in talks with the company for buying a stake is totally speculative
The airline has informed its flight attendants that they would be eligible for leave without pay between November 1 and December 20
Equity infusion hinges airline's financial health, control. Analysts say overhaul needed for survival
No date was specified for the disbursal of salaries for September
Notably, the airline management had on October 5 assured its domestic pilots body, NAG, of disbursing the remaining amount of August salary by Tuesday
The August salary was to be paid in two instalments - half by September 11 and the other half by September 26
Accrual and redemption of miles is a transaction between two companies
Due to delay in implementing liquidity enhancement measures, rise in crude price, rupee depreciation, inability to pass on costs
Jet Privilege, which has got millions of members, is majority owned by its equity partner Etihad Airways, which also owns 24 per cent in the carrier
The meeting comes ahead of the payment of the balance amount of the second instalment of August salaries of the senior management, pilots and engineers on October 9
Jet Airways, PNB, Infibeam Avenues, PC Jeweller, Manpasand Beverages, Kitex Garments, Vodafone Idea, BEML, Indiabulls Real Estate, Avanti Feeds and Aptech were down more than 60% from 52-week highs.
Jet Airways is struggling to mop up funds to meet its payment obligations, including salaries to its over 16,000-strong workforce
In the midst of its worst crisis ever, can the 25-year-old airline steer out of the clouds?
Pilots make up little more than 10 per cent of airline's 16,000 employee force but account for about half of its salary bill
The Naresh Goyal-controlled private airline, which is facing cash drought and has defaulted on the salary payments to its staff also did not have training chief for more than a month
Jet Airways' decision to make passengers pay for meals signals that full-service airlines will struggle in India in the near future
Passengers can claim damages under The Carriage by Air Act on grounds of negligence
In a mid-air scare, a Jaipur-bound Jet Airways flight had lost cabin pressure after the crew 'forgot' to turn on a control switch
As many as 30 out of 166 passengers suffered nose and ear bleeding due to the loss of cabin pressure in the flight
The Mumbai Directorate of Income-Tax investigation wing had conducted the survey at four business premises of Jet Airways in the two cities