On April 17 2019, while the World was celebrating Mahavir Jayanti, Jet sank slowly and surely while many capable of doing something idly watched from sidelines and a few gleefully tried to exploit the opportunity. The misery of the employees and passengers were left to themselves to endure. The day will be marked as a dark day in Indian Aviation when it had to bear a massive blow.
India’s oldest private airline Jet Airways, which is operating on a skeletal schedule with just five aircraft due to its critical liquidity position, Tuesday said it is talking to its lenders for emergency funding to “arrest further deterioration of its services”. Civil Aviation Secretary Pradeep Singh Kharola, who reviewed the situation, said the airline has […]Continue Reading
NEW DELHI — Lenders to Jet Airways are discussing ways to revive the crisis-hit carrier and fresh funds are likely to be infused shortly, officials said on Tuesday. Amid acute financial crunch crippling its operations, Jet Airways management is awaiting clarity on receiving fresh funds after which a decision would be taken on continuing operations. […]Continue Reading
Lenders to the crisis ridden Jet Airways India Ltd. did not see any reason to infuse more money, they finally refused to bail out the cash-strapped carrier. The bankers have confirmed that there’s no money coming in for now. Though the matter has not yet officially been disclosed, the signs are clearly visible.Continue Reading
The legacy of the ruling party, Congress, in Madhya Pradesh. C.M. – Kamal Nath Nakul Nath son of M.P. CM Kamal Nath had to disclose his income while contesting the LS elections. He seeks to succeed his father as the Chhindwara MP. He filed his affidavit before the election officials in Chhindwara on Tuesday. It shows […]Continue Reading
The Supreme Court then summarily dismissed Congress’ petition seeking to stop the release of “PM Narendra Modi” saying “too much of court time is wasted on these non-issues”.Continue Reading