Over 1,300 pilots are on the street after Jet Airways announced halting of operations on April 17, endangering the jobs of thousands of employees.

According to MTaI, 70 per cent of the world's total wealth and technology is in the West and Japan (India accounts for about 5 per cent of each)

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

Prabhu has also asked Civil Aviation Secretary Pradeep Singh Kharola to take necessary steps to protect the rights and safety of passengers.

Airline sources said Goyal has put in the bid for Jet Airways. It couldn't be immediately ascertained whether he has partnered with any entity or airline for the bid.