Category: Civil Aviation

The Hinduja group is exploring the possibility of a bid for Jet Airways, which has ceased operations since April 17, with the lenders unable to find a buyer for the airline. Jet’s shares took the skies on Tuesday following the Hinduja moves, rising 15 per cent to Rs 150.75 on the BSE, their best since […]

Commercial airliners flying over the Persian Gulf risk being targeted by “miscalculation or misidentification” from the Iranian military amid heightened tensions between the Islamic Republic and the US, American diplomats warned on Saturday, even as both Washington and Tehran said they don’t seek war. The warning relayed by US diplomatic posts from the Federal Aviation […]

There may be differences between IndiGo promoters Rakesh Gangwal and Rahul Bhatia on certain matters but the company has a great track record of resolving such matters and coming out ahead, the airline’s CEO Ronojoy Dutta said on Saturday. “If the current differences were to not get resolved, you shall certainly hear about it; however, […]

The fissures that have emerged between the two promoters of IndiGo — Rahul Bhatia and Rakesh Gangwal — could see the carrier landing up at the National Company Law Tribunal if the board is not able to resolve the dispute even as the CEO of the budget carrier tried to lift the confidence of investors […]

The top management of Darwin Group, which was one of the unsolicited bidders for Jet Airways, on Wednesday met officials of SBI Caps to discuss its proposal. The group has offered a Rs 14,000-crore deal to the lenders for acquiring the grounded airline, its CEO Rahul Ganpule said. Darwin Platform Group of Companies claims it […]

Top executives of troubled airline Jet Airways, including head honcho Vinay Dube and his deputy, chief financial officer Amit Agarwal, resigned on Tuesday citing “personal reasons”, leaving everyone guessing whether a new team was ready in the wings to take their place. If that were not the case, the senior-level exits would deepen concerns that […]

Jet Airways Tuesday said its CEO Vinay Dube has resigned from the company due to personal reasons. This is the second high profile exit in as many days at the grounded Jet Airways after deputy CEO Amit Agarwal put in his papers on Monday. In a filing to stock exchanges, the airline said Dube has […]

The Congress on Tuesday said Union minister Nitin Gadkari had finally revealed why the number of Rafale jets bought from France had been reduced from 126 to 36, alleging that the Narendra Modi government overruled national security to save money. “Finally, truth is out!” party communications chief Randeep Surjewala tweeted. “‘National Security’ stumped by a […]

A fault in the core server of the city airport in the afternoon and a thunderstorm late on Monday evening disrupted flights, inconveniencing thousands of passengers, airport officials said. The thunderstorm forced the Calcutta air traffic control to divert five city-bound flights. The server fault, which was detected around 5.15pm and could not be fixed […]

The lenders to Jet Airways on Monday opened the bids for the troubled airline but there was no word from them on whether they had finally found a workable bid that could yield a credible resolution plan. In the morning, State Bank of India chairman Rajnish Kumar told a news channel that the lenders would […]

Grounded carrier Jet Airways’ deputy chief executive and chief financial officer Amit Agarwal has resigned, the airline said on Tuesday. Agarwal’s resignation is effective from May 13. “We wish to inform that Amit Agarwal, the deputy chief executive officer and CFO of the company, has resigned from service due to personal reasons, with effect from […]

I have not waited for Godot. But I have had to wait for an Air India flight — AI-676 — that landed in Mumbai only six hours after its scheduled time of arrival on April 27, the day when the Maharaja was bitten by a bug. The delay was reportedly caused by a glitch in […]