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Jet Airways swings into quarterly profit

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Private airliner Jet Airways on Friday swung into a net profit, snapping five straight quarterly losses on higher passenger growth and the sale of planes.

The carrier reported a consolidated net prof

High costs, low airfares causing airline losses: Naresh Goyal

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Steep operational costs and low air fares in India are causing sustained losses for domestic airlines, Jet Airways chief Naresh Goyal said on Wednesday.

"While the growth outlook for our industr

Bird-hit forces Jet Airways flight to return to base

A Madurai-bound Jet Airways flight with 66 passengers onboard returned to the airport here shortly after take-off as it suffered a mid-air bird-hit, airport sources said.

The aircraft had taken off a

Indian skies inviting, but no takers for airlines

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With a potential air market of hundreds of millions of people, airlines ought to be hammering on India's door - yet global airline executives say it would be madness to invest in a domestic carrier th

Taxes make Indian airfares 200-300% higher than China: Goyal

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Air fares in India were about 300 per cent higher than those in China and some other countries because of high tax rates, Jet Airways chief Naresh Goyal said on Monday, asserting that the aviation ind

Fire in Jet Airways plane; passengers safe

About 158 passengers on board Jet Airways Riyadh-Mumbai flight on Monday escaped unhurt after a fire broke out in the left engine of the aircraft on its landing here.

The incident took place when

Air India, Kingfisher crisis benefited Jet Airways

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The crisis in Air India and Kingfisher Airlines has benefited Jet Airways the most and the private carrier is expected to place an order of up to 100 narrow-body aircraft during this financial year, a

Jet Airways likely to order 100 planes for $3.75 billion - CAPA

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Jet Airways is expected to order more than 100 narrow-body aircraft for up to $3.75 billion in 2012-13 as the largest Indian carrier grabs market share from its troubled rivals, a leading consultancy

FII stakes in Kingfisher up marginally during March quarter

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Overseas investors, which have been trimming their holdings in Kingfisher Airlines in the past three quarters, have increased their stake marginally in the cash-strapped carrier during the March quart

Jet Airways to pay compensation of over Rs 71K to family

Jet Airways has been ordered by a consumer forum here to pay over Rs 71,000 as compensation to a family of four for not communicating their food preference to the connecting airline and making them go

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