Jet Airways: Meet The Airlines New Owners
Jun 22 2021, 5:00 PM
June 22 2021, 4:59 PM
June 22 2021, 5:00 PM
After a resolution process lasting nearly 24 months, insolvent Jet Airways (India) Ltd. has found a buyer.On Tuesday, a consortium of U.K.-based Kalrock Capital Partners and Murari Lal Jalan was approved as successful resolution applicant for the beleaguered airline, by the National Company Law Tribunal. In its order the tribunal asked the government to decide on giving slots to Jet Airways in a way which does not make the resolution.
After a resolution process lasting nearly 24 months, insolvent Jet Airways (India) Ltd. has found a buyer.
February 10, 2021
Multiple sources said that Vinay Dube and Praveen Iyer have decided to explore the possibility
Erstwhile Jet Airways CEO, Vinay Dube and Senior Executive Praveen Iyer are planning to launch a new low-cost-carrier.
Multiple sources said that Dube and Iyer have decided to explore the possibility of launching a new low-cost-carrier in India. Sources close to the development said that the conversations were “premature but, firm.”
“The duo have started working on a roadmap for the airline, they plan to launch the airline before the end of next fiscal,” said one of the people.
Dube was the CEO of Jet Airways before it was grounded in April 2019, and at the same time, Iyer was a Senior Executive. Post their stint at the debt-strapped airline, both were hired in the top management as CEO and CCO respectively in GoAir. However, both quit in less than a year.
MIAMI – Indian regional airlines Star Air (OG), Alliance Air (9I), TruJet (2T), Air Heritage (4H) and Zoom Air (ZO) are ready to resume full operations in 2021.
Though Bangalore-base commuter airline OG, Air India’s (AI) subsidiary 9I and Hyderabad-based 2T have begun flying again, plans are being made by Heritage Aviation’s 4H and New Delhi-based scheduled carrier ZO to restart services.
After flights were interrupted due to the pandemic, all these airlines took a hit and still face problems such as lack of preparation, mismanagement of their fleets routes that are not viable.
Star Air CEO Simran Singh Tiwana told
Flybig starts operations from today; all you need to know about India s new airline
CEO Srinivas Rao said it will operate thrice a week, and it will later be scaled up to five flights a week, from mid-February.
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Updated: Jan 3, 2021, 06:38 AM IST
As the new year kicks off, the Indian Aviation industry s new airline Flybig will begin its operations officially on January 3.
The first flight will take off from Indore, the airline s base, at 2.30 in the afternoon to Ahmedabad. It is scheduled to complete the journey in an hour and five minutes.
CEO Srinivas Rao said to Money Control that in the first couple of weeks, it will operate thrice a week, and it will later be scaled up to five flights a week, from mid-February.
Flybig, India s newest airline, to begin operations today: All you need to know
India s newest airline - Flybig, which got the permit from DGCA in December, would will have its inaugural flight from Indore to Ahmedabad
Snajay Mandavia s Flybig plans to start operations before the end of the year.
The Indian aviation industry get its newest airline Flybig, in the first week of 2021. The airline begins operations from its Indore base today (January 3), from where the inaugural flight to Ahmedabad will take off at 2.30 in the afternoon. Duration of the inaugural flight is an hour and five minutes.
In the initial couple of weeks, the airline founded by Sanjay Mandavia - a pilot-turned-aviation entrepreneur - will operate thrice a week. We will later scale up to have five flights a week, from mid-February, CEO Srinivas Rao told Moneycontrol.