News Stories Related To: Jet Airways to lay off 600 employees
By: kalex 
A day after striking an alliance with Kingfisher Airlines, Jet Airways has decided to lay off 600 of its employees. The airline would lay off employees from the cabin crew, pilots,...
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- News Source: India Abroad | 2 months agoFinancially strapped Jet Airways [ Get Quote ] has decided to lay off over 800 of its employees on Wednesday. The move comes a day after the Naresh Goyal-promoted airline struck a strategic alliance with Kingfisher Airlines to reduce costs and...
- News Source: The Hindustan Times | 2 months agoA day after Kingfisher Air and Jet Airways switched from rivalry to partnership in a bid to face difficult skies hit by rising costs, employees in both airlines huddled to discuss their future...Airlines are losing money on account of excess capacity...
- News Source: Times of India | 2 months agoThe largest lay-off in the history of Indian aviation is expected to take place on Wednesday when as many as 850 Jet Airways cabin crew members, mostly on probation, will receive termination letters...The tremors brought about by the worst downturn...
- News Source: NewKerala | 2 months agoCredit Rating Information Services of India Ltd (Crisil) in a statement said the Jet-Kingfisher tie-up would usher in a new era of co-operation in the airline services industry. "This alliance has come at a time of adversity. The two largest private...
- News Source: Times of India | 2 months agoAfter announcing an operational alliance on Monday, Jet Airways and Kingfisher have started redrawing their plans for international routes. To counter Kingfisher, Jet had earlier announced starting of flights from Bangalore to its European hub at...
- News Source: The Economic Times | 2 months agoShares of Kingfisher Airlines extended gains to more than 7 per cent after the company said it was in talks with state-run oil firms to repay dues in phases and its alliance with Jet Airways should start yielding benefits in 1-2 months...Oil...
- News Source: Daily News & Analysis | 2 months agoTheres a glimmer of hope for the aviation industry in the marriage of rival carriers Kingfisher and Jet. Sector mandarins say the tie-up would remove some of the excess capacity and bring it in line with current demand, thus improving the yields. M...
- News Source: The Hindustan Times | 2 months agoThe coming together of two of India’s biggest airline rivals, Jet Airways and Kingfisher Airlines, that together control a 60 per cent marketshare along with their low cost arms, JetLite and Kingfisher Red (Deccan), could lead to monopoly resulting...
- News Source: Times of India | 2 months agoFriday ordered an inquiry into the operational alliance formed by two leading private carriers Jet Airways and Kingfisher Airlines. The Monopolies and Restrictive Trade Practices Commission ordered its investigative arm Director General of...
- News Source: BBC South Asia | 2 months agoIts chairman, Naresh Goyal, said the move had been his alone and apologised "for all the agony you went through". The company had announced it planned to lay off a total of 1,900 staff in the coming days in an effort to cut costs. India's once...
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