Jet Airways Faces Uncertain Future As Air Operator Certificate Expires

[ad_1] Uncertainty continues over the revival of grounded Jet Airways as the validity of the airline’s air operator’s certificate expires on Friday. There was no word from the Jalan Kalrock Consortium (JKC), which emerged as the winning bidder for the carrier under the insolvency resolution proceedings, on the status of the airline’s flying permit. … Read more

Why airlines keep folding in India’s booming aviation market – Times of India

[ad_1] MUMBAI: Go Airlines India Ltd this week became the latest victim in the battle of the skies over India. It isn’t the first high-profile carrier to fail and it won’t be the last. Buoyed by an emerging middle class hankering to fly, Indian airlines ordered billions of dollars worth of planes in the past … Read more

Go First Bankruptcy: 27 Indian Airlines Went Out Of Business In Last 3 Decades, Check Full List

[ad_1] One scheduled airline on an average has gone out of business every year since private airlines took to the skies nearly three decades ago, with Wadia group-owned Go First being the latest carrier battling financial turbulence for survival. The first private airline to go belly up was East West Travels & Trade Link Ltd, … Read more

Jet Airways CEO-Designate Sanjiv Kapoor Steps Down

[ad_1] New Delhi: The CEO-designate of the grounded airline Jet Airways, Sanjiv Kapoor, has resigned just a year after joining the company. He was appointed as designate CEO in April 2022. According to the official release, he is departing the company effective Monday, May 1, on the conclusion of his notice period. “I am proud … Read more