Search found 1875 matches

  • 1
  • 2
  • 3
  • 4
  • 5
  • 38
by blrsea
Fri May 17, 2019 6:58 am
Forum: Civil Aviation
Topic: Pakistani airspace reopened to Indian flights
Replies: 14
Views: 2785

Re: Pakistani airspace reopened to Indian flights

Well, pakistan has extended closure of its airspace to India till May 30th, hoping a new government will get sworn in. Since pak was the first one to impose closure, I don't see any chances of India easing on restrictions till pak ends the closure.

Jump to post
by blrsea
Fri May 17, 2019 5:24 am
Forum: Civil Aviation
Topic: Boeing 737MAX Grounded Worldwide Q2 2019
Replies: 1733
Views: 166068

Re: Boeing 737MAX Grounded Worldwide Q2 2019

What stops FAA from unilaterally ungrounding 737s in US if its confident of Boeing fixes? It can always take up the issue with other regulators once it has made its decision.

Jump to post
by blrsea
Tue May 14, 2019 1:29 pm
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1115
Views: 116939

Re: Jet Airways: Shutdown

Jet's net worth was below its debts by at least Rs 5000-6000 crores including all operational creditors too. Heck, just the refunds for flights was north of Rs 3500 crores. If Jet had anything of value, I am pretty sure it would have been included in calculating its net worth. The BOM slots cannot b...

Jump to post
by blrsea
Sat May 11, 2019 4:04 pm
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1115
Views: 116939

Re: Jet Airways: Shutdown

And that SBI chairman clearly doesn't seem to care whether Jet survives or not, or whether the loans turn NPA's or not, afterall it's a tiny amount compared to the NPA's from other bankrupt cos. or fraud individuals. ;) This is Indian banking and their heads with the most lackadaisical attitude and...

Jump to post
by blrsea
Sat Apr 20, 2019 11:36 am
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1115
Views: 116939

Re: Jet Airways: Shutdown

SpiceJet adding more flights in a short while is not normal routine. It is also due to mix of circumstances including their grounded Maxs, being offered Jet’s leased aircraft at attractive prices and probably some prodding by GoI. And they are probably taking a huge risk in case they are asked to re...

Jump to post
by blrsea
Sat Apr 20, 2019 11:15 am
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1115
Views: 116939

Re: Jet Airways: Shutdown

One needs to understand that adding new flights is not easy. One needs planes and manpower. No airlines keep a bunch of spare aircraft. Planes make money when they are in air, not when they are on ground. The minimal spares that some big airlines might have is mainly for cases when planes might go t...

Jump to post
by blrsea
Sat Apr 20, 2019 7:50 am
Forum: Civil Aviation
Topic: SEA congestion INTL arrivals
Replies: 60
Views: 9382

Re: SEA congestion INTL arrivals

How are things in SEA these days, especially around 12:00-2:00 pm period? Last time I visited, had to wait for an hour to clear immigration. Lines were all the way till top floor

Jump to post
by blrsea
Fri Apr 19, 2019 7:19 pm
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1115
Views: 116939

Re: Jet Airways: Shutdown

An interesting article comparing Jet's current situation to SpiceJet's back then, and how the rescuers and Govt. took pro active steps to save SpiceJet, whereas in Jet's case none cared. Woke Up Petroleum Minister's Private Secretary at Midnight': How SpiceJet Averted the Jet Fate https://www.news1...

Jump to post
by blrsea
Fri Apr 19, 2019 6:41 pm
Forum: Civil Aviation
Topic: B737MAX Grounded Worldwide Q1 2019
Replies: 6472
Views: 704776

Re: B737MAX Grounded Worldwide

MCAS was a commercial requirement, not an engineering requirement. It was added so that Max handling characteristics was same as NG, to prevent additional training which could cost Boeing sales or reduced profits. Why introduce additional points of failure even though it *might* have been mitigated...

Jump to post
by blrsea
Fri Apr 19, 2019 6:31 pm
Forum: Civil Aviation
Topic: B737MAX Grounded Worldwide Q1 2019
Replies: 6472
Views: 704776

Re: B737MAX Grounded Worldwide

MCAS was a commercial requirement, not an engineering requirement. It was added so that Max handling characteristics was same as NG, to prevent additional training which could cost Boeing sales or reduced profits. Why introduce additional points of failure even though it *might* have been mitigated ...

Jump to post
by blrsea
Thu Apr 18, 2019 2:33 pm
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1115
Views: 116939

Re: Jet Airways: Shutdown

The economic times article clearly shows the overarching control of Goyal family in running the airline to the ground. It has had a string of losses since 2008. If people can praise Goyal for managing to run Jet for 25 years, they also need to assign blame for the airline shutting down. If Goyal has...

Jump to post
by blrsea
Wed Apr 17, 2019 5:37 pm
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1115
Views: 116939

Re: Jet Airways: Shutdown

I hope someone can answer this: 9W ran out of cash and nobody is willing to offer additional loans. So, how will the refunds be processed? Who pays for the refunds? Call center seems to be closed as well (I understand even they need to get paid). People will have to wait for a long time unfortunate...

Jump to post
by blrsea
Wed Apr 17, 2019 5:35 pm
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1115
Views: 116939

Re: Jet Airways: Shutdown

behramjee wrote:

Hopefully KL will make BOM daily soon and consider BLR from W19 season..


In 2005, Northwest had announced AMS-BLR flights and cancelled it two days before inaugural flight.

Hopefully, KLM will start the AMS-BLR flight and make up for the loss of 9W.

Jump to post
by blrsea
Wed Apr 17, 2019 5:05 pm
Forum: Civil Aviation
Topic: Jet Airways: Shutdown
Replies: 1115
Views: 116939

Re: Jet Airways: Shutdown

This was a long time coming. Irrespective of what some politically-biased posters may say about the situation deteriorating in last 8 months and blaming on the parties they hate based on emotion instead of facts, the real fact is that Jet never consistently made profits for more than couple of quart...

Jump to post
by blrsea
Wed Apr 17, 2019 4:51 pm
Forum: Site Related
Topic: Update - Punch List of Bugs, Errors, Requests
Replies: 43
Views: 6594

Re: Update - Punch List of Bugs, Errors, Requests

Is it by design that clicking on topic links pops up an ads page to some other site? Seeing this pretty regularly on mobile, and also on desktop couple of times. This is pretty annoying, especially for those who had paid membership fee before site became free. Is there any plans to do this only for ...

Jump to post
by blrsea
Sat Apr 13, 2019 3:47 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways Latest Developments Discussion Thread

Did you know that SpiceJet chief Ajay Singh is actually a smart guy? He recently chaired the Aviation, Travel and Tourism Forum at DAVOS. He also plays politics very well. I predict that Ajay Singh will be a household name in India as Naresh Goyal is although NG will fade now. Can you calm down ple...

Jump to post
by blrsea
Fri Apr 12, 2019 3:23 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways Latest Developments Discussion Thread

“The Indian prime minister's office has called for an urgent meeting to discuss issues with debt-laden carrier Jet Airways at 6pm India time (1230 GMT) on Friday, television news channels reported, citing sources. The Principal Secretary to Prime Minister Narendra Modi will chair the meeting, the T...

Jump to post
by blrsea
Thu Apr 11, 2019 2:47 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Banks can and do take haircuts in India too. There is a process to be followed for that. Once a case lands up in bankruptcy court, it will depend on the best offer they get from bidders. They have to go by the law.With increasing scrutiny, public sector banks are afraid to make a call on taking hair...

Jump to post
by blrsea
Sun Apr 07, 2019 12:47 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

https://timesofindia.indiatimes.com/business/india-business/bidding-process-for-jet-airways-likely-to-begin-from-april-8/articleshow/68763960.cms "likely to be released" "a source said" We have seen so many speculative articles like this over the months Yup. there has been no de...

Jump to post
by blrsea
Fri Apr 05, 2019 12:45 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Apparently, the govt had asked the AAI and oil firms to not stop service to Jet according to a report a week or two back. Maybe the dues must have mounted a lot for IOC to take this step. Next could be AAI & BOM then probably!

Jump to post
by blrsea
Fri Apr 05, 2019 2:04 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Air Asia and Vistara have announced flights with Jet's slots from BOM, while other airlines are also offered slots but yet to announce routes... AirAsia, Vistara cash in on crisis-hit Jet Airways slots, launch 11 flights Tata-group owned airlines AirAsia India and Vistara have announced 11 new fligh...

Jump to post
by blrsea
Tue Apr 02, 2019 2:00 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

That said, major MNC US companies tend to allow all US employees (regardless of rank) the ability to fly J when going on ultra long haul (meaning India). Not US MNC software companies :D I have worked in some of the top US software companies, and have friends in companies among the top 10 US softwa...

Jump to post
by blrsea
Mon Apr 01, 2019 3:15 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Even many MNC software companies don't pay for business class, that too for international traffic. Forget domestic business class. And while metros might have more business class passengers, you would need to keep a sub-fleet to serve just those markets, as using it in other cities will be losing mo...

Jump to post
by blrsea
Mon Apr 01, 2019 6:04 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

The deal talked about in the LiveMint looks to be wishful thinking by SBI - for example, they expect IATA to release cash receivables. Um, no, that isn't how BSP and IATA clearing house work. They are now off Amadeus GDS I think, If you read the LiveMint article, it clearly states that the proposal...

Jump to post
by blrsea
Mon Apr 01, 2019 1:31 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Kudos to LiveMint for an EXCELLENT story explaining the new deal. Thumbs down to the 2 old grannies - Economic Times and Financial Express that have yet to report the new story. LiveMint, Business Standard and Business Line are so much ahead of the old grannies. The LiveMint story essentially confi...

Jump to post
by blrsea
Sat Mar 30, 2019 3:21 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Problem with SBI led plan is that Goyal still has more than 25% stake (25.5%). Ideally, this should have been below 20%, ~17% as had been reported under earlier resolution plan. It now looks like that is causing problems finding new investors. And as many of us had speculated earlier, this is more o...

Jump to post
by blrsea
Mon Mar 25, 2019 3:02 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Economic Times reporting same as Business Line. Will Goyal really step down today? Naresh Goyal, his wife Anita Goyal to exit Jet Airways today Jet AirwaysNSE 3.43 % founder and principal promoters Naresh Goyal, and his wife Anita Goyal will today step down from the board and leave the airline they ...

Jump to post
by blrsea
Mon Mar 25, 2019 2:55 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

And one other story. I guess its like six blind men and elephant, every "source" the journos talk to give their own interpretation of event! Lenders may put entire Jet on block Jet Airways’ lenders may this week invite expressions of interest (EoI) from investors looking to acquire the ail...

Jump to post
by blrsea
Mon Mar 25, 2019 2:47 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Looks like EY hasn't fully given up on Jet yet. Deal or Exit? Etihad to take final call on Jet Airways on 31 March The board of Etihad Airways PJSC will meet 31 March to take a final decision on whether the Abu Dhabi-based carrier should make a fresh investment in Jet Airways (India) Ltd or exit the...

Jump to post
by blrsea
Sun Mar 24, 2019 7:38 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

KUDOS TO BUSINESS-STANDARD FOR BEING THE FIRST NEWSPAPER TO BREAK THE STORY https://www.business-standard.com/article/companies/lenders-to-cash-strapped-jet-airways-weigh-open-auction-process-119032300838_1.html that sounded like the typical self ego boosting declaration on every Indian TV channel ...

Jump to post
by blrsea
Sun Mar 24, 2019 3:48 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Pretty hard times for Jet pilots. People were saying Jet pilots are not complaining so they are doing ok, some mentoned they are well paid so they can manage without salaries for few months, other said they live with their parents so they can manange, while one person without any proof was claiming ...

Jump to post
by blrsea
Sat Mar 23, 2019 3:26 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Looks like there is no consensus among lenders on the resolution plan. Read the article in full. Makes some good points. Crisis-hit Jet Airways' lenders struggle for consensus on revival plan The lenders to Jet Airways are yet to come to an agreement on firming up a rescue package for the airline, w...

Jump to post
by blrsea
Fri Mar 22, 2019 4:05 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

More cancellations, not sure if they are same ones mentioned here on thread or any new ones With just of operational fleet, Jet suspends services to 13 international routes till end-April MUMBAI: Jet AirwaysNSE 3.43 %, on the verge of going belly-up, has suspended operations on as many as 13 more in...

Jump to post
by blrsea
Fri Mar 22, 2019 12:10 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Hmm, looks like Jet needs a suitor with pretty long pockets ... Jet Airways needs around Rs 10,000 crore worth of infusion: Industry insiders NEW DELHI/MUMBAI: A proposed infusion of Rs 1,000 crore into Jet AirwaysNSE 3.43 % may prove to be "too little too late" to save the airline as it m...

Jump to post
by blrsea
Fri Mar 22, 2019 1:30 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

As per earlier reports, Jet owes a lot to AAI and pubic sector fuel suppliers too. They are probably not making a noise as govt might have asked them to help Jet along. Meanwhile Indigo apparently hired around 100 Jet pilots Jet Turbulence: IndiGo poaches over 100 pilots MUMBAI: IndiGoNSE 7.34 % is ...

Jump to post
by blrsea
Thu Mar 21, 2019 3:12 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

If banks go ahead with the proposal, EY's stake will fall to less than 10%!

Jump to post
by blrsea
Wed Mar 20, 2019 4:52 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

The only carriers flying B-737s in India is SpiceJet & AI Express. But does SpiceJet has the capability and capacity to absorb so many planes at once? Hope GoI won't foolishly push one more airline into bankruptcy by forcing them to take more than they can handle!

Jump to post
by blrsea
Wed Mar 20, 2019 4:40 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Too much information coming up over the last two days, since EY decided to not take part in resolution process. Now govt asking SpiceJet to take over some of 9W's planes & crew! Don't know what to make of this??? India Taps Indebted Jet Airways’s Rivals to Take Over Planes India is mulling optio...

Jump to post
by blrsea
Wed Mar 20, 2019 4:04 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Hope the employees find a paying job quick ... Hit by financial troubles, Jet Airways' pilots appear for interviews at SpiceJet In what could be another blow to the beleaguered Jet Airways, 260 pilots of the airline appeared for a walk-in interview session organised by SpiceJet. Sources told Moneyco...

Jump to post
by blrsea
Wed Mar 20, 2019 3:38 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Plans to distribute 9W's BOM slots? Govt looks at providing Jet Airways’ unused airport slots to other domestic airlines Govt looks at providing Jet Airways’ unused airport slots to other domestic airlines By: PTI | Updated: March 20, 2019 8:48 PM In a tweet, the ministry Wednesday said it was worki...

Jump to post
by blrsea
Wed Mar 20, 2019 2:52 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

You must take Goyal for a fool rather than a wily operator. Note that he stuck in a clause in his contract with PNB that requires the bank to seek his WRITTEN approval before they can sell HIS PLEDGED shares. Second, the CONTRACT SPECIFICALLY STATES that if they sell the shares, the banks will have...

Jump to post
by blrsea
Wed Mar 20, 2019 3:11 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

The option for lenders to completely take over Jet is still on the table Etihad may exit Jet Airways by selling 24% stake to SBI ... According to another source, the entire company will go under the control of lenders if an agreement is not thrashed out soon. “The company has already passed a resolu...

Jump to post
by blrsea
Tue Mar 19, 2019 2:26 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Jet pilots union threatens to stop flying from April if dues are not cleared https://www.cnbctv18.com/aviation/pay-our-pending-salaries-or-we-stop-flying-from-april-1-pilots-to-jet-airways-2654291.htm Sad to hear about employees' sufferings. Weren't some people saying that these people were well of...

Jump to post
by blrsea
Tue Mar 19, 2019 1:59 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Lenders may invoke Naresh Goyal’s 51% stake in Jet Airways https://www.google.com/amp/s/m.economictimes.com/markets/stocks/news/lenders-may-discuss-invoking-naresh-goyals-51-stake-in-jet-airways/amp_articleshow/68482134.cms Good move! With no resolution in sight, the lenders are left with no option...

Jump to post
by blrsea
Tue Mar 19, 2019 11:22 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Jet is operating with 41 aircraft now as per DGCA Jet Airways operating a schedule with 41 aircraft: DGCA The Directorate General of Civil Aviation (DGCA) today said that Jet AirwaysNSE -3.17 % will be operating a scheduled for 603 domestic flights and 382 international flights with a fleet of 41 ai...

Jump to post
by blrsea
Tue Mar 19, 2019 2:38 am
Forum: Civil Aviation
Topic: How Will Etihad Cope With 10% Base Reduction in Passengers in "Perpetuity"?
Replies: 37
Views: 5386

Re: How Will Etihad Cope With 10% Base Reduction in Passengers in "Perpetuity"?

While it may hurt a little in the short term, in the long term, they can operate their own flights if required as the AUH bilaterals still have plenty of seats left. Also, they can get into interline agreements with other LCCs like Indigo/SpiceJet if required, for connectivity from 2nd tier cities.

Jump to post
by blrsea
Tue Mar 19, 2019 1:30 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

EY is also playing hardball, and they can afford to. They are willing to sell their stake too at Rs 150 while current stock price is ~230. Also, EY CEO came and talked to SBI chairman as per Business-Standard reports and meeting ended in deadlock. Hope this summary is not considered flame-bait. Jet ...

Jump to post
by blrsea
Mon Mar 18, 2019 8:08 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Jet grounded four more planes. It announced this in a filing to BSE Jet Airways grounds 4 more planes for non-payment of lease rentals Cash-strapped Jet AirwaysNSE 0.53 % Monday said it has grounded four more planes, taking the number of aircraft that are non-operational due to non-payment of lease ...

Jump to post
by blrsea
Mon Mar 18, 2019 1:57 am
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

Looks like EY is also having second-thoughts about bailing out 9W, and is sticking to Rs 150 per share. Doesn't appear to be end in sight to 9W's troubles. Hope this is not considered flame-bait, or PR piece. Jet Airways’ rescue plan runs into rough weather The deal to rescue Jet AirwaysNSE -1.11 % ...

Jump to post
by blrsea
Sun Mar 17, 2019 5:24 pm
Forum: Civil Aviation
Topic: Jet Airways Updated: Operations suspended
Replies: 3319
Views: 383290

Re: Jet Airways: reports cash running out

If things aren't going to work out between 9W-EY, will India- Abu-Dabhi relations sour? Since aviation isn't existing in a vacuum obviously. Why? India hasn't taken out any of AUH's capacity, they still have plenty of capacity left over. It will only depend on how much of 9W's traffic contributed t...

Jump to post
  • 1
  • 2
  • 3
  • 4
  • 5
  • 38