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 ..
Month: Current Affairs - May, 2022
Category: India Nation & States Current Affairs
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 ..
Spicejet becomes the first Indian low cost airline to join IATA
India’s domestic airline Spicejet, has become the first Indian low cost airline to join the elite group of Airlines, IATA (International Air Transport Association). The IATA membership will assist the Gurugram (Haryana ) based airline to work on its ambitious ..
SpiceJet becomes first Indian low-cost airline to join IATA
SpiceJet has become the first Indian low-cost carrier to get the membership of global airlines’ grouping International Air Transport Association (IATA). The membership also allows SpiceJet to explore and grow its collaborations with international member airlines of IATA through interlining ..
Indian carrier Vistara becomes member of International Air Transport Association
Vistara, the joint venture carrier between Tata Sons and Singapore Airlines, has become the 3rd Indian carrier to be a member of the International Air Transport Association (IATA), a global body of 280 airlines. Air India and Jet Airways are ..
Month: Current Affairs - April, 2018
CCI imposes Rs. 54 crore fine on 3 airlines for unfair business practices
The Competition Commission of India (CCI) has imposed fine of more than Rs. 54 crore on Jet Airways, InterGlobe Aviation and SpiceJet for unfair business practices with respect to fixing fuel surcharge on cargo transport. The CCI order comes on ..