By BA Staff European airframer, Airbus has signed an agreement with national carrier Kuwait Airways to buy 10 A350-900s and 15 A320neos. A little over two weeks ago, Kuwait Airways had suspended its Chairman for publicly stating an intent to buy five A330-200s from India’s Jet Airways.
Jet Airways and national flag carrier Garuda Indonesia have concluded a code share agreement for connectivity between India and Indonesia. Under the arrangement, using Singapore as a hub, Jet Airways will place its marketing code on Garuda Indonesia’s flights between Singapore and Jakarta and Garuda will place its marketing code on Jet Airways’ flights between…
By BA Staff Amadeus, announced that dnata, part of the Emirates group of Dubai and one of the world’s largest combined air services providers, will implement Amadeus’ Altéa Departure Control’s Flight Management solution in their centralised load control offices (CLC) in Dubai. The airport ground handler, is now present in 75 airports in 38 countries.…
by Devesh Agarwal The 24% stake sale by India’s Jet Airways to Abu Dhabi’s Etihad Airways has been finally cleared by India’s Foreign Investment Promotion Board (FIPB), albeit with conditions, after the share holder agreement (SHA) was changed to incorporate the apprehensions of the government of India. One of the conditions imposed by the FIBP…
by Devesh Agarwal Majority of Jet’s A330 fleet parked at New Delhi’s IGI airport In what is not a very uncommon development, The Economic Times reports, India’s financial markets’ watchdog, the Securities Exchange Board of India, better known as SEBI, has written to the Foreign Investment Promotion Board (FIPB), the approver of FDI proposals, expressing…
by Devesh Agarwal Last week’s deferral by the Foreign Investment Promotion Board (FIPB) of the proposal of Abu Dhabi based Etihad Airways to buy a 24% stake in Jet Airways has brought to light how the middle-eastern carrier will have an equal or higher say in the functioning of Jet despite owning just 24%. The…
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