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Rytis Beresnevicius
Top 5 bankrupt airlines in 2019

While bankruptcies in the aviation industry is nothing new, 2019 saw several high-profile insolvency cases throughout the year, including such airlines as Jet Airways, WOW Air and Thomas Cook Airlines:...


Rytis Beresnevicius
Low-cost carrier boom in Asia (Part II)

As mainline carriers consolidate the market share in Asia-Pacific, somebody has to fill the void left in the market. This is where the carriers like IndiGo or AirAsia Group come in:...


Clement Charpentreau
Jet Airways CEO and top managers resign

The troubled Indian airline Jet Airways announced on May 15, 2019, that its CEO Vinay Dube had resigned, a day after CFO Amit Agarwal also left the company....


Rytis Beresnevicius
Why Did Jet Airways Fail? Will The Airline Fly Again? Crisis Explained

As uncertainty looms over the situation of Jet Airways, we explore what are the reasons behind the fall of the biggest private airline in India. Read more:...


AeroTime Team
Is this the end? Jet Airways suspends operations

JUST IN | After failing to find financial boost, Jet Airways is suspending all flights immediately....


Clement Charpentreau
Jet Airways on the brink, suspends all international flights

Without enough aircraft to operate, Jet Airways, India's second largest air carrier, was forced to cancel all its international flights from April 12, 2019, leaving passengers stranded in multiple airports....


AeroTime Team
Jet Airways got bailed out, but no salvation in sight

Just over a week after debt-ridden Jet Airways was bailed out by state-run banks, the airline sees its planes being grounded yet again. It is known that over two thirds of its fleet is now removed from operations, but local media reports indicate that as little as 15 planes are actually still flying.  ...


Clement Charpentreau
Etihad reports losses, Jet Airways bailout delayed

While Jet Airways is in dire need for funds, its 24% stakeholder Etihad continues to battle its own financial problems, revealing over a billion in loss in third consecutive year....


Zivile Zalagenaite
Will change of control help Jet Airways to avoid bankruptcy?

Jet Airways, a major Indian airline, is struggling with major financial problems. In attempt “meet a funding gap” of almost INR 8500 crores ($1.2 billion), it has announced a turnover plan, which foresees company restructuring and hints ownership changes.  ...


AeroTime Team
Finance puzzles: Etihad cuts jobs, Jet Airways planes at stake

After cutting an order of ten aircraft from Airbus,  Etihad now axes dozens of jobs to aid its troubled finances. Meanwhile, another airline in which the Gulf carrier has notable investment - India’s Jet Airways - is trying to solve its own financial puzzles to stay afloat....