BOAC 747 retrojet marks British Airways centenary

The first of a series of British Airways aircraft painted in retro colour schemes has made its debut today at the airline’s London Heathrow base. The Boeing 747-400 (registration G-BYGC), arrived from Dublin earlier today adorned in the BOAC scheme worn by the BA predecessor airline during the 1960s and early 1970s. The aircraft is […]

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Jet Airways Bailed Out, Bullish Trends Anticipated in Markets

The Jet board had last Thursday cleared a “bank-led provisional resolution plan” (BLPRP) which will see SBI-led lender banks becoming its largest stakeholder after debt restructuring. Under this plan, Jet will see restructuring to meet a funding gap of nearly Rs 8,500 crore, including proposed repayment of Rs 1,700-crore aircraft debt, through steps like conversion of debt to equity, equity infusion and asset monetisation.

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