Jet Airways temporarily suspending their ops, is it definitive ?

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Jet Airways is near a deal to buy 50 A220 jets from Airbus.

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Jet Airways announced that they have started the process of hiring pilots for A320, B737 NG and MAX planes as the airline is planning to resume its commercial operations in September 2022.

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Jet Airways announced that they have started the process of hiring pilots for A320, B737 NG and MAX planes as the airline is planning to resume its commercial operations in September 2022.

Add a few months to the above schedule: Jet Airways is likely to start its operation by the end of 2022 as it began training for its first batch of cabin crew at the Gurugram centre.

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Jet Airways has for the time being averted liquidation proceedings by agreeing to transfer to banks about US$16.2 million received from the leases of Air Serbia planes.

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Jet Airways is in advanced talks with Airbus to order about 50 A220s, with deliveries from 2025.

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Jet Airways has identified three A320neos and two B737-8 planes for its initial fleet and is in the process of signing lease agreements. A mixed fleet might not be the best idea though.

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Jet Airways has not yet fulfilled its various payment obligations, with the deadline fast approaching, placing the relaunch date in jeopardy.

Jet Airways investor Florian Fritsch has multiple properties raided in Liechtenstein, Switzerland and Austria, as part of a broader investigation into suspected fraud and money laundering.

Jet Airways reported a standalone 3Q 2022 net loss of US$38.1 million as total expenses jumped to $39.8 million in the quarter.

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Will Jet Airways ever take off again? The airline could be forced into liquidation by lenders as they consider selling 11 aircraft while the NCLT-approved resolution process remains slow.

Jet Airways has sent close to 10% of its employees on leave without pay and imposed pay cuts on another 30%.

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Will Jet Airways ever take off again? The airline could be forced into liquidation by lenders as they consider selling 11 aircraft while the NCLT-approved resolution process remains slow.

Jet Airways creditors and new owners are deadlocked over a resolution plan to pull the airline out of bankruptcy, putting the carrier’s future in limbo.

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Will Jet Airways ever take off again? The airline could be forced into liquidation by lenders as they consider selling 11 aircraft while the NCLT-approved resolution process remains slow.

Jet Airways creditors and new owners are deadlocked over a resolution plan to pull the airline out of bankruptcy, putting the carrier’s future in limbo.

Jet Airways lenders are resisting a court-approved resolution plan, further delaying the airline’s return to the skies. Banks say the new buyers should pay an additional US$30.1 million into the retirement kitty.

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Jet Airways lost several more of its senior management executives, pilots and cabin crew who have departed amid uncertainty prevailing over the relaunch of the grounded carrier.

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Jet Airways has three Boeing planes and one Airbus plane seized by the Mumbai district administration for non-payment of gratuity dues of US$11,760.

The future doesn't look bright.

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Jet Airways' new owner will have to clear the unpaid provident fund and gratuity dues of US$30.6 million to the former employees of the grounded airline, says the Supreme Court of India.

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At the stroke of midnight hour, the Jet Airways Air Operator Certificate (AOC) will expire.

As an application to extend its validity has not been made to the Indian civil aviation regulator, it seems highly unlikely the airline will return to the skies again.

Sic transit gloria mundi!

[globetrotter]

Without its long haul product what was so good about the airline that they want it flying again? boring livery bad name and logo. I could picture it in Virgin Atlantics 2000-2006 livery or Virgin Sun livery as an LCC, but thats not happening.

[convair]

Their daily BRU- Mumbai and BRU-Delhi flights in Business class offered excellent service and were very popular.

And their continuation legs BRU-JFK and BRU-Toronto attracted many North American customers.

They offered first class seats on their local flights to pax who flew Business on their long-haul.

[globetrotter]

But that wont be anymore, what were they expecting it to be after revival, seems like bringing it back just for the heck of it, like i said with long haul fleet and product gone theres nothing special about it.

[convair]

Their domestic network was also quite extensive and they enjoyed a good reputation, specially compared to Air India whose service and management were sloppy at best and that was rated very low.