
IndiGo, Spicejet, Jet Airways shares rise up to 8% on grounding of Go First Airlines
Aviation stocks witnessed a strong rally on Wednesday amid hope that the grounding of Go First Airlines would boost profits for the rest.
Aviation stocks witnessed a strong rally on Wednesday amid hope that the grounding of Go First Airlines would boost profits for the rest.
The erstwhile market leader's relaunch attempt has so far been a story of misses and more misses
A sceptical aviation industry says Jet Airways may just fly again but for how long – and how high?
To survive the new aviation landscape post Air India sale, the smaller airlines have no option but to reinvent themselves.
Jet has also invited job applications for various roles, including senior manager-finance, manager-cargo operations, assistant manager-cargo pricing, etc.
The DGCA approval comes after Jet Airways successfully completed proving flights and test flights. Airline eyes pan-India route network.
Jet Airways completed two sets of proving flights on Sunday last week and Tuesday in a bid to secure the air operator's certificate from the aviation regulator.
Jet stated that it operated a test flight in Hyderabad, and a positioning ferry flight to Delhi thereafter.
There does remain a small subset of industry who maintain the airline would fly again even though it hardly has any airworthy aircraft.
The revival of Jet Airways hinges on a series of legal hurdles, but also negotiations between the government and the consortium on multiple issues.