Jet Airways

MHA Clearance to Jet Airways

Recently, the Union Ministry of Home Affairs (MHA) has granted security clearance to the new Jet Airways promoters. The security clearance will pave the way for the relaunch of the Jet airways’ operations. What is the story so far? Once ..

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Aviation in India

While the national media has been dominated by news that has painted a gloomy picture of the aviation sector in the country, the data put forth by the Minister of State (Independent Charge) for Civil Aviation, Hardeep Singh has bellied ..

Budget 2019 : Aviation

The Union Budget 2019 has made provisions for the relaxation in the FDI norms in the aviation sector. This will allow the beleaguered airlines of India – Air India and Jet Airways. Both these airlines are looking for buyers though ..

SEBI tightens Disclosure Norms for Rating Agencies

The Securities and Exchange Board of India (SEBI) has introduced a strict disclosure framework for credit rating agencies (CRAs). New Norms CRAs must disclose a probability of default (PD) benchmark for the companies rated by them. CRAs must also disclose ..

SpiceJet hires 500 Jet Airways employees

The Gurugram-based no-frills airline SpiceJet has already hired over 500 employees, including 100 pilots, of the grounded carrier Jet Airways and it is open to induct more as it adds more aircraft and routes in the times ahead. SpiceJet has ..

Naresh Goyal quits Jet Airways Ltd.

Naresh Goyal, the founder of Jet Airways (India) Ltd, has resigned from the board of the troubled airline. Goyal, who has founded Jet Airways over two decades ago has resigned after a meeting with the airlines board of directors. The ..