The National Company Law Tribunal (NCLT) has approved a resolution plan submitted by the Jalan-Kalrock consortium, allowing them to take control of Jet Airways. Jet Airways, once India's largest private airline, has been under the Insolvency and Bankruptcy Code (IBC) since 2019. The airline had b...

The Jalan-Kalrock Consortium has selected IBS Software to power the relaunch of Jet Airways. This selection will provide a range of technology platforms to support Jet Airways' relaunch as a people-focused airline for the digital age. As technology partner, IBS Software will deliver cutting-ed...

KLM Royal Dutch Airlines will be expanding its Indian network to include Bangalore and is the latest European carrier to add routes into India after the demise of Jet Airways. At the end of October 2019, KLM will launch a thrice-weekly direct service from Amsterdam Airport Schiphol using a Boein...

Jet Airways chief executive Vinay Dube and chief financial officer Amit Agarwal have both resigned citing personal reasons. In a statement to the Bombay Stock Exchange, the Indian airline said Dube is stepping down "with immediate effect due to personal reasons". He became the airline's chief ex...

Struggling Jet Airways has extended its suspension of international services to Thursday (18 April) from the previous 15 April it had set as the future of the airline remains precarious. There is now reportedly concerns around an interim debt facility and potential bidders for a controlling stake...

Jet Airways has cancelled all its international flights to Europe and Asia according to reports, raising fresh concerns about the survival of the Indian carrier which has been battling to save its future in recent months. This comes after airline had disclosed yesterday (11 April) that 10 more ...

Indian carrier Jet Airways’ board has approved the resignation of founder and chairman Naresh Goyal who is stepping down from the troubled airline. His resignation was proposed and accept at a meeting today, the airline said, where it also confirmed the conversion of lenders' debt in exchange f...

The crisis at Indian carrier Jet Airways continues to spiral after the cash-haemorrhaging airline grounded a further six aircraft yesterday (Tuesday) leading to a raft of flight cancellations and fuelling speculation of its possible future demise. The company which employs more than 20,000 people...

Indian carrier Jet Airways and Saudi Arabian low-cost carrier flynas have signed a codeshare partnership to enhance connectivity between India and Saudi Arabia from today (11 December). As part of the agreement, Jet Airways will place its marketing code ‘9W’ on flynas flights between the gate...

Jet Airways' board met on Monday where they agreed to "accelerate a turnaround strategy" and also reported a net loss of Rs13 billion ($178m) for the three months to September, slightly down from a loss of Rs13.2bn in the June quarter. The Indian carrier said the "tough industry environment" in t...