The auditors of India's biggest carrier Jet Airways have warned the company needs to raise funds or generate cash flows in the future to meets its obligations, including financial support to its loss

The auditors of India’s biggest carrier Jet Airways have warned the company needs to raise funds or generate cash flows in the future to meets its obligations, including financial support to its loss-making subsidiary JetLite.

Airline major Jet Airways on Friday reported a net loss of Rs.713.60 crore in the second quarter of 2011-12 from a net profit of Rs 12.40 crore in the same period of the previous fiscal due to rising

Tycoon Vijay Mallya's cash-strapped and bleeding private carrier Kingfisher Airlines urgently requires about $400 million (Rs.2,000 crore) to survive and keep flying, an aviation expert said late on F

Jet Airways Ltd, India's top private carrier, said on Wednesday it has no plans to cut jobs in drive to save costs and instead look to non-payroll areas to streamline operations.

On Wednesday, the Ec

A possible collision between a Jet Airways flight for Chennai and an Air India Express aircraft headed for Abudhabi was on Monday averted here when ATC personnel scrambled quickly and alerted the pilo

A major air mishap was averted at Chennai airport today when a Delhi-bound private airliner which had been cleared for take-off stopped on the runway just as an Air India flight was about to land.

A Jet Airways flight with 134 passengers on board narrowly averted a mid-air collision today, triggering panic aboard, passengers said.

Led by Jet Airways (India), aviation stocks surged by up to 10 per cent in morning trade on the BSE on Friday, triggered by a sharp fall in crude oil prices.

New Delhi: Jet Airways pilot Vikas Agarwal was granted bail on Wednesday morning, a day after he allegedly ran his car over another driver in a case of road rage in the capital's upscale Khan Market,