A boom of budget airlines in the mid-2000s, on top on rising fuel prices and a weakening rupee, kept adding to Jet Airways’ costs in the notoriously price-sensitive market
jet airways latest news
Air India
Air India to lease five Jet Airways aircraft
SpiceJet has recruited 500 Jet Airways employees, including 100 pilots
Aviation
In pictures: What has gone wrong with India’s Jet Airways?
Here’s a look at where it all went wrong for the Etihad-backed troubled Indian carrier Jet Airways, the country’s oldest surviving private airline.
Abu Dhabi
Etihad assisting Jet Airways passengers in wake of airline’s collapse
The State Bank of India-led consortium is looking to sell a controlling stake in Jet and has shortlisted four potential buyers, including Etihad Airways, which already owns 24%
Aviation
Five things that went wrong for India’s Jet Airways
As Jet Airways seeks an immediate injection of $57.5m to continue its few remaining services, here’s a look at where it all went wrong for the Indian carrier
Aviation
India’s Jet Airways holds crisis meeting after fund rejection
Sources have said the airline had only enough fuel to keep its seven remaining jets running until Tuesday afternoon
Aviation
Jet Airways pilots threaten strike amid more flight cancellations
Jet Airways, which has debts of more than $1bn, also cancelled more international flights to Europe and North America for this week
Aviation
Debt-laden Jet Airways lenders plan to sell up to 75% stake
Jet Airways, part-owned by Abu Dhabi’s Etihad Airways, needs $1.2bn to get back on its feet after a fare war by budget airlines wiped out profits
Aviation
India’s Jet Airways grounds 15 more aircraft as crisis deepens
Debt-ridden Indian airline takes decision to ground more planes due to non-payment of fees to lessors
Aviation
State Bank of India seeks investors for troubled Jet Airways
Etihad Airways’ stake in Jet Airways could come down to 12%
Abu Dhabi
Crisis at India’s Jet worsens as it grounds more planes, faces strike
Jet, which employs more than 20,000 people, is facing debts of more than $1bn and has now been forced to ground a total of 78 of its 119 aircraft after failing to pay lenders and aircraft lessors
Abu Dhabi
Jet Airways suspends flights to Abu Dhabi
A large-scale grounding of its aircrafts directly affects the Mumbai-based carrier’s investment partner, Abu Dhabi-based Etihad Airways
Aviation
Opinion: Jet Airways, a lesson in crisis (mis)management
A failure to prepare staff for the bad times can result in long-lasting damage to a brand
Aviation
Video: What is the future of debt-ridden India’s Jet Airways as aircraft grounding continues?
Indian airline Jet Airways is facing serious operational issues, with 25 of its aircraft currently grounded on account of payment defaults to the carrier’s leasing companies.
Aviation
Jet Airways negotiates $300m credit facility
Jet Airways has cancelled numerous flights in the recent weeks, including some operations to Dubai, due to grounding of its aircraft and working capital crunch
Abu Dhabi
Leasing company threatens to take back aircraft from India’s Jet Airways
Jet Airways lists dozens of flight cancellations through March 30, including flights to Dubai, Abu Dhabi, Riyadh and Dammam
Aviation
Etihad-backed Jet Airways cancels Dubai flights
Jet Airways says some cancellations were pre-planned, others were due to technical issues
