Financially troubled Jet Airways on Thursday said that it is in talks with pilots and other employees to resolve salary disbursement issues. “Jet Airways is committed to honoring its obligations towards its employees and has already paid salaries on time to 84 percent of its employees,” a Jet Airways spokesperson said in a statement. “In line with the mandate received from the Company’s Board[Read More…]
Tag: Aviation
Optimistic about the prospect of aviation in India: Jet Airways’ Naresh Goyal
Mumbai: Despite challenges like high oil prices, airline major Jet Airways’ Chairman Naresh Goyal has said that he is optimistic about the prospects of aviation in India. Despite the headwinds posed by the high Brent crude prices, and the longer term challenges of escalating airport levies, surcharges and taxation, I[Read More…]
Invest in new types of infra; massive investment opportunity in aviation: Sinha
Minister of State for Civil Aviation Jayant Sinha urged investors to think of new types of infrastructure in India such as ports and waterways at the ‘IVCA’s Annual India Alternatives Conclave 2017,’ that kicked off on Monday at the Grand Hotel, Vasant Kunj, New Delhi. The Indian Private Equity and[Read More…]
Here’s how 300 people survived the Emirates plane’s crash landing in Dubai
As Indian government and the Indian Air Force grapple with the missing IAF plane, Emirates airlines have pulled off a near to impossible feat. A plane crash lands after suffering an engine explosion and loses almost its entire top section to fire. Carrying 286 people on-board it comes to rest[Read More…]