Cash-strapped Jet Airways on Saturday suspended services on 13 more international routes till April end after grounding seven more planes due to non-payment of outstanding dues to lessors. However, the airline remained confident of successfully resolving the current situation in coming days. The routes where services have been temporarily withdrawn include Bengaluru-Singapore, Delhi-Abu Dhabi, Delhi-Dammam, […]
Day: March 23, 2019
US airlines sending experts to review Boeing 737 MAX upgrade this weekend
The three US airlines that own Boeing Co’s 737 MAX are meeting the US manufacturer this weekend to review a software upgrade for the jet that has suffered two fatal crashes in five months, officials from the airlines told Reuters. The meetings are a sign that Boeing’s planned software patch is nearing completion, though it […]
Khara Danda-McLeod Ganj road to be closed for repair work
The Khara Danda-McLeod Ganj road in Kangra district will remain out of bounds for vehicular traffic for the next two days, officials said on Wednesday. The traffic will be affected on March 22 and 23 due to repair work at Hume Pipe Pulia in Dharamshala, Sub-Divisional Magistrate Shiv Kumar Prashar said. PTI
Reliance says not breaching U.S. sanctions on Venezuela
India’s Reliance Industries , operator of the world’s largest oil refining complex, on Friday said in a statement it was not breaching U.S. sanctions against Venezuela. The company said its recent fuel exports to Venezuela were agreed to before Washington imposed sanctions in January, and that they were meant to settle Reliance’s crude oil imports […]
Kullu-Delhi airfare hiked
The national carrier Air India has increased the fares for the Kullu-Delhi sector for the upcoming tourist season. While earlier the maximum fare was nearly Rs 20,000 for one-way journey now the fare will be around Rs 23,000 from the month of April. The seats were generally available for the highest fare in the month […]
Drone sighted at airport, VSSC, security on high alert
A drone was sighted at the airport, the highly sensitive Vikram Sarabhai Space Centre and nearby Kovalam beach early Friday morning, prompting Southern Air Command and Military Intelligence to go on high alert. Southern Air Command and Military Intelligence are on high alert after the drone was sighted, defence sources said. “We are always on […]
More turbulence ahead for Jet as 260 pilots apply for jobs at SpiceJet
Financially troubled Jet Airways seems to be headed towards more turbulence as around 260 of its pilots have applied to join SpiceJet, even as investors like public sector banks struggle to stitch a rescue plan for the airline. The development took place on Wednesday when pilots of the beleaguered airline applied for jobs in SpiceJet’s […]
Lenders to take over Jet Airways: Ministry sources
Lenders of cash-strapped Jet Airways are in the process of securing “substantial stake” in the ailing airline to bring it to a manageable state before selling it to new promoters, a senior Finance Ministry source said on Friday. “Only after securing substantial stake in the airline, the lenders are planning to sell Jet Airways, and […]
Saving Jet Airways is not banks’ duty: Bank employees
As the consortium of banks led by State Bank of India chalked out a Rs 1,500 crore bailout plan to save the ailing Jet Airways, the bank employees registered their opposition against the move. “It is in the larger interest of the country, public and the lenders that Jet Airways continues to fly. We have […]
After crashes, Boeing rolls out safety feature
Boeing’s 737 MAX aircraft will be outfitted with a warning light for malfunctions in the anti-stall system suspected in October’s fatal crash in Indonesia, an industry source said on Thursday, standardising a feature previously sold as an optional extra. The development comes as the manufacturer struggles to cope with the fallout from both the Indonesia […]
Indonesia’s carrier Garuda to call off order for 49 Boeing 737 Max 8 jets
Indonesia’s national carrier Garuda will call off a multi-billion-dollar order for 49 Boeing 737 Max 8 jets after two fatal crashes involving the plane, the company said on Friday, in what is thought to be the first formal cancellation for the model. “We have sent a letter to Boeing requesting that the order be cancelled,” […]
Pakistan on verge of discovering big oil and gas reserve: Imran Khan
Pakistan is on the verge of hitting a kind of jackpot in the form of discovering a huge reserve of oil and gas in the Arabian Sea, Prime Minister Imran Khan has said, hoping that the discovery will solve the economic problems of the cash-strapped country. The offshore drilling for oil was in final stages […]