Chairman of India's largest airline, Jet Airways, Naresh Goyal brought in expats to build it into a world-class airline, but ended up alienating his Indian staff. The trait was visible in October last year, too, when Jet Airways took a call to lay off 800 cabin crew. Goyal is ready to acknowledge that the ground rules in aviation have changed forever. But will Jet Airways catch up with the changing times and remain the market leader?
The airline has suffered a loss of whopping amount of Rs 7,200 crore.
http://www.ibnlive.com/news/govt-may-offer-funding-to-cashstrapped-air-india/97082-7.html
Notices have been issued to all the employees.
http://www.ibnlive.com/news/hit-by-recession-jet-terminates-43-trainee-technicians/96892-7.html
The Health Ministry has identified nine airports for enhanced surveillance.
http://ibnlive.in.com/videos/91414/india-on-high-alert-as-swine-flu-spreads-worldwide.html
The Aviation Sector will incur losses of Rs 4000 cr this fiscal.
http://www.ibnlive.com/news/fare-cuts-right-if-they-stimulate-demand-mallya/82937-7.html
P Chidambaram wants to notify ATF as a declared good.
http://www.ibnlive.com/news/airfares-set-to-fall-as-govt-decides-to-cut-tax-on-atf/78944-7.html
Cut in airfares will be decided after taking into account expenses and previous losses.
http://www.ibnlive.com/news/air-india-likely-to-cut-domestic-airfares-soon/78890-7.html
Mallya says oil is only one component and that strengthening dollar is also draining them.
http://www.ibnlive.com/news/jet-kingfisher-bosses-rule-out-cut-in-airfares/78780-7.html
It means 16-17 per cent cut in ATF prices.
http://www.ibnlive.com/news/govt-airlifts-aviation-sector-scraps-atf-duty/77185-7.html
The traffic to south has been invited more competition which is good for end users.
http://www.ibnlive.com/news/south-india-the-emerging-aviation-hub/73632-3.html
The 1,500 hectare airport will cost Rs 4,000 crore and could be ready by 2010.
http://www.ibnlive.com/news/centre-gives-nod-to-airport-project-in-greater-noida/56252-7.html
Airlines are now adding a congestion charge Rs150 on every ticket to offset the fuel costs of circling around airports.
http://www.ibnlive.com/news/pay-congestion-charge-for-air-travel/27423-7.html
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