Home >> 2019 >> April >> 09

Daily Archives: April 9, 2019

Why is the Jet Airways stake sale not receiving any expressions of interest?

Jet Airways Airbus A330-300 VT-JWQ. Image copyright Vedant Agarwal.

The first day of release of the Expression of Interest (EOI) document for the sale of Jet Airways (download here) failed to see any formal response. Inspite of tomorrow being the deadline for submission investor interest has been tepid at best. We feel there are some key reasons for this lack of interest. No certainty on the price and value …

Read More »

Indigo begins domestic flights from Mumbai T2, adds three international flights

Indigo Airbus A320neo VT-ITK. Image copyright Vedant Agarwal.

Low-cost carrier Indigo has announced that it will begin 20 new domestic flights from Mumbai and three international flights. The airline is adding international flights to Damman, Jeddah and Abu Dhabi, all of which were previously destinations served by Jet’s 737 fleet. The new domestic flights will be operated by the airline from Mumbai’s Terminal 2. Rival airlines have been …

Read More »