Search Results for: Etihad

Prabhas' Saaho makers shelled out Rs 90 crore for one action scene shot in Abu Dhabi?

The makers of Prabhas' Saaho have shelled out Rs 90 crore for one action/ chase scene that was recently shot in Abu Dhabi and it is made on par with Hollywood standards.

Oct 24, 2018

Jet Airways seeks loan moratorium, plans to cut more jobs - Report

Jet Airways, in which Abu Dhabi's Etihad Airways has a 24 percent share, has been looking for suitors ever since it started facing cash flow issues.

Oct 23, 2018

Tata Group may throw ailing Jet Airways a lifeline as debt-laden airlines flies into trouble

Jet, which is defaulting on payments and has delayed salary to pilots, is looking for equity collaboration but Tata Sons is seeking management control.

Oct 18, 2018

World's longest non-stop flight to last 19 hours: Fly Changi to New York with Singapore Airlines

Singapore Airlines' new Airbus A350-900ULR (ultra-long-range) will take off from Changi Airport on Thursday to Newark Liberty Airport in the US. The mammoth aircraft will travel more than 18-hours without a stop.

Oct 11, 2018

Fresh liquidity for Jet as Etihad to make $35 million cash pre-purchase payment

The plan includes a $35 million cash pre-purchase payment to Jet Airway's frequent flyer programme JPPL ( Jet Privilege Private Ltd), which is majority-owned by Etihad Airways.

Oct 7, 2018

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Turbulent times continue for Jet Airways as 16,000 staffers hit by salary delay

The Mumbai-based full-service airline, partially owned by UAE national carrier Etihad Airways, has been facing financial problems for quite some now.

Oct 3, 2018

Dubai's Emirates could take over Abu Dhabi's Etihad to create world's largest airline - Report

According to IATA statistics, Emirates is the world's fourth largest airline by passenger numbers, behind American, Delta Air Lines, and United Airlines.

Sep 21, 2018

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Lifeline for Jet Airways as Blackstone plans to buy stake in troubled airlines' frequent flyer arm

Jet's cash reserves have dwindled due to rising crude oil prices and intense competition in the Indian market. The airline says it is evaluating all options to meet liquidity requirements and looking at measures to enhance revenue generation and increase cost cutting.

Aug 16, 2018

Will private equity firms rescue debt-ridden Jet Airways?

Jet Airways is also trying to take other airline partners on board, primarily Delta Air Lines, for funds. Etihad Airways, which has a 24 percent stake in the airline, has shown reluctance to infuse additional capital.

Aug 13, 2018

Jet Airways needs Rs 3,500 crore immediately to keep flying - Report

Jet Airways has debunked rumours of pay cut and job losses but the shares have been on free fall. Meanwhile a new report says the carrier needs a huge cash infusion immediately to stay afloat.

Aug 10, 2018

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Jet Airways refutes reports of pay cuts and stake sale, calls them 'factually incorrect' and 'malicious'

Jet Airways CEO Vinay Dube on Friday, August 3, said that the carrier wasn't facing issues and was consistently taking up several measures to cut costs without affecting the employees. He added that the reports of pay cuts and stake sale were not just "factually incorrect, but also malicious."

Aug 4, 2018

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Is Jet Airways headed for Kingfisher's fate? Fact file on Naresh Goyal and his iconic carrier

The launch of Jet Airways in 1993 marked the opening up of the rusty Indian economy. It's a paradox that, decades later, the iconic carrier is facing trouble in an era defined by the 100 percent FDI in aviation sector.

Aug 3, 2018

An aircraft of India's Jet Airways lands

Jet Airways pay cut: Pilots livid over 15% dip in salary, airline plans stake sale

The pilots of Jet Airways are said to be livid about the 15 percent pay cut and have blamed the management for the losses the airline has incurred. They said that the management must not unilaterally impose a salary cut and added that it was their inefficiency that caused the trouble.

Aug 3, 2018

Kerala family receives mortal remains of another person from UAE in bizarre mix-up

The family had received the body from the Calicut airport at 10:30 am and reached the government hospital in Ambalavayal around 3:30 pm. However, it was only after reaching the hospital that the family realized the casket had some other body.

Jul 15, 2018

Lahore under lockdown, media gagged as Pakistan prepares for Nawaz Sharif's arrest

Former Pakistani Prime Minister Nawaz Sharif and his daughter Maryam have left the UAE and are coming to Lahore, where the duo will be arrested for their role in a corruption scandal. The state media regulator has barred television channels from running a live telecast.

Jul 13, 2018

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