The latest dip in air passengers came on the back of ongoing economic slowdown and the slew of challenges that hounded aviation sector last year

Is the truce between the warring co-founders of IndiGo for real?

The SBI had filed an insolvency petition against Jet Airways before the Mumbai bench of NCLT on Tuesday; considering the airline's low assets value and high debt it could be head towards liquidation

Noting that the grounding of Jet Airways was very sad, Singh said that internal factors and high costs were among the reasons for its failure.

Acquiring Boeing 777s from Jet Airways could help Vistara expedite its plans for long-haul flights to Europe as they will come with their own pilots, crew and maintenance staff

Boeing wins confidence of shareholders, prepares for key 737 MAX test flightThe aerospace giant, under scrutiny following the crashes that killed 346 passengers and crew and grounded the MAX worldwide, won a vote of confidence from its investors, even as company management faced tough questions over plane design and the possible missteps in getting the aircraft to market. Boeing expects the Federal Aviation Administration to conduct a test flight by the end of next week of the software fix it...

In a series of tweets, Vijay Mallya drew parallels between his Kingfisher Airlines and Jet Airways, while once again offering to repay the Indian banks in full

Jet Airways has temporarily suspended flight operations amid a huge uproar by employees who are demanding their unpaid dues. Why did the airline run into a crisis? What happened to the airline which was once India's largest by market share. Watch the video for the full story.

Jet Airways shutdown: A passenger, who runs a hotel chain and is a frequent flyer with the carrier, said it was painful to know that the airline is shutting down

Goyal's expression of interest in regaining the control of the airline is yet to be legally scrutinised by the lenders, but his interest leads to three disparate possibilities

Can India's premier airline be rescued?

Shares of Jet Airways fell as much as 3.6 per cent in early trade today amid reports that the company on Wednesday deferred the March salary payment to its employees.

Sensex loses 192 points to 38,684, Nifty falls 46 points to 11,598. 

Share Market Live updates: While the Sensex closed 412 points higher at 38,545, Nifty closed 124 points higher at 11,570. Of 30 Sensex stocks, 23 ended in the green.

Indian benchmark indices open in the red. Crude Oil prices dip triggering avisation stocks to trade higher.