Govt. stance on capital airport flayed

The government is under pressure from stakeholders involved in airport decision-making and those working for development of the capital for seeking legal remedy to keep the Adani Enterprises Limited (AEL) from managing, operating and operating the Thiruvananthapuram international airport for the next 50 years. The move of the Kerala State Industrial Development Corporation (KSIDC), which […]

Jet may have to scale down flights

Leasors on Thursday grounded six more aircraft leased to Jet Airways on account of non-payment of lease rentals. Seven aircraft were grounded on Wednesday for the same reason. This may result in the cancellation of a large number of flights in the domestic and some international sectors. The grounding of six aircraft comes even as […]

Vistara, Japan Air sign code share deal

Full-service carrier Vistara, and Japan Airlines announced a code share partnership on Friday that will allow passengers a seamless transfer from one airline to the other. With this agreement, Vistara has become the only code share partner for Japan Airlines in India. Japan Airlines will now be able add its ‘JL’ designator code to approximately […]

Jet investors okay loan-to-share conversion

Shareholders of Jet Airways have approved the conversion of loan into shares and other proposals as the crisis-hit carrier seeks to fly out of financial turbulence. During the extraordinary general meeting (EGM) on Thursday, the shareholders also approved alterations to the company’s articles of association and memorandum of association . According to a filing with […]

Jet to inform bourses about EGM today

Jet Airways has told the exchanges that the consolidated report of the e-voting at the extraordinary general meeting (EGM) would be provided by Saturday evening. This follows speculation on the delay in reporting to the stock exchanges, since the EGM ended before 5 p.m. on Thursday. The EGM was convened to take shareholders’ approval for […]