An Air India spokesperson said that the airline had advertised for recruiting 400 cabin crew staff of which 150 were employed with Jet Airways.

Even if the stake sale does not go through and the grounded Jet Airways gets dragged to bankruptcy court, experts say that its lenders may have to settle for a 50-60% haircut. 

SpiceJet Chairman & MD Ajay Singh said Thursday that SpiceJet will induct six more Boeing 737-800 NG aircraft on dry lease in addition to 16 Boeing 737 planes and five 90-seater Bombardier Q400 planes.

All you need to know about what brought Jet Airways down and whether it can survive this turbulence

Boeing CEO Dennis Muilenberg said that the software fix for the anti-stall system is working as expected and the company is moving towards securing certification for the 737 MAX jets

Shares of SpiceJet and InterGlobe Aviation continued gaining streak on Wednesday and stocks touched their 52-week high after rival Jet Airways announced that they would temporarily suspend all its international and domestic flights operations.

Jet Airways shares declined as much as 30.28 per cent and touched an intra-day low of Rs 166.20 against the previous close level of Rs 241.85 on the BSE

Share Market Update: RIL, Wipro, Tech Mahindra, ICICI Bank, SpiceJet, Interglobe Aviation, HDFC, HDFC Bank, were the major gainers in the indices, while Jet Airways, Infosys, TCS and Hindalco were among top laggards.

IndiGo and GoAir, which have Pratt & Whitney-powered Airbus A320 Neo planes, have been facing problems with these engines, manufactured by the US firm, since their induction three years ago

Jet Airways crisis: The crumbling airline is down to just five operating planes but its lenders are yet to agree to release interim funding.

Civil Aviation Secretary Pradeep Singh Kharola said the DGCA reviewed airfare movement in 40 high-density sectors

The bankers are well aware that if they don't give out the money, the Jet board has recommended stopping operations

Some of Jet Airways' lenders want founder Naresh Goyal to pledge more of his shares as collateral for advancing further loans. The airline's management is due to meet today to consider next steps

Jet, which also owes vast sums to lessors, suppliers, pilots and oil companies, has been losing planes in recent weeks as lessors scramble to de-register and take back their aircraft, even as Jet's lenders have sought expressions of interest in the carrier from potential investors.

SBI chairman Rajnish Kumar has already made it clear that \"nobody is barred from bidding or taking over the airline\" as per the rules.

Can India's premier airline be rescued?