A maximum of 58 per cent rise in fare was seen on the Mumbai-Toronto route in June, followed by 49 per cent on the Mumbai-New York route; the Mumbai-Singapore route saw 36 per cent rise in fare

Following the closure of Jet Airways' operations, SpiceJet, Vistara and AirAsia had approached the airline to buy its narrow-bodied aircraft B737

After Kamark's exit, only Ashok Chawla and Sharad Sharma remain on Jet Airways board, which ceased operations around mid-April

Jet Airways crisis: Qatar Airways' request to be allotted more seats comes amid the Indian government's decision to cut the number of seats allotted to Jet Airways in the route

Two staff unions, SWIP and JAMEVA, have requested SBI to consider the \"employee consortium\" as an intending bidder and say they can bring in up to Rs 7,000 cr from employees' contributions over time as well as external investors

Etihad, which had previously asked SBI to purchase its entire 24% stake in Jet Airways, submitted its expression of interest (EoI) on Thursday, a day after the SBI-led consortium extended the deadline for initial bid submission to April 12.

That would be a big blow for the ailing airline since the Boeing 777s have been cited as collateral for additional loans under its latest revival plan. Meanwhile, its lessors are beginning to approach DGCA for de-registering their grounded planes.

Jet Airways' domestic pilots body NAG had last week announced that its over 1,100 -odd members would stop flying from April 1 of their salaries dues were not cleared and a clarity on the revival roadmap was not provided by March 31.

Current promoters of Jet Airways have to exit before a new investor can be roped in. The entry of new promoter is unlikely before two to three months

Jet Airways, which has a debt of a billion dollars, has failed to pay lenders and aircraft lessors and has grounded one third of its fleet.

The cash-strapped airline has grounded seven more planes due to non-payment of rentals, taking the number of such aircraft to 54

The cash-strapped airline has grounded seven more planes due to non-payment of rentals, taking the number of such aircraft to 54

Nirav Modi to be held in one of England's most overcrowded jails; may share cell with other prisoners Fugitive diamantaire Nirav Modi, arrested by Scotland Yard on behalf of the Indian authorities, will be held at a prison in south-west London considered one of England's most overcrowded jails. The 48-year-old, who appeared in the dock at Westminster Magistrates' Court in London on Wednesday in a sombre white shirt and trousers, was taken to Her Majesty's Prison (HMP) Wandsworth after he was ...

SBI has asked Naresh Goyal along with his wife Anita Goyal, Executive Director Gaurang Shetty and Independent Director Nasim Zaidi to step down from Jet board as part of bank-led resolution plan.

The Mumbai-based full-service airline has been suffering from the cash crunch for the past few months, resulting in constant delays in the salaries of its employees.

The Most Powerful Women in Busines: Repeat winners