Jet Airways Ltd’s 69-year-old founder Naresh Goyal, pursuit for control has emerged as a major obstacle as the indebted airline tries to negotiate a rescue deal, several people who have worked closely with him or known him over the years told media on condition of anonymity.
India is the fastest growing domestic aviation market in the world, IATA’s Chief Economist Brian Pearce said.
Private airline Jet Airways has come out with a discount offer (Year-end sale) under which flyers can get up to 30 percent discount on both domestic and international travel across its network.
The Indian government has decided to transfer a “significant part” of Air India’s debt and its ground handling unit into a separate entity to reduce the struggling state-run carrier’s burden after a failed attempt to sell it.
The recent policy change in the web check-in is explained by the low-cost carrier IndiGo on Monday.
Jet Airways has resorted to lay off its employees.