Year 2020! Something that gives everyone a sour taste in their mouth when taking a look back today. The onset of (COVID-19) what just started as a normal virus to a pandemic has caused tables to turn and the economy to crumble badly. Aviation industry was one among the worst hit businesses. From passenger numbers crumbling to new lows, airlines shutting shop and aircrafts (such as the Boeing 747-400s, Airbus A350s etc) being phased out of the fleet, the aviation […]
The sun has risen for Jet Airways, again. A new beginning marked yesterday, 17th October 2020, when the “Joy of Flying” found its new owners. April 2019 saw one of the worst days in the history of Indian aviation. Jet Airways ceased its operation after serving for 27 long years. As many as 20,000 people lost their jobs, it also left all the ‘Jet’ admirers heart-broken. The carrier, once known for its top-notch service started facing financial crisis, which resulted […]
The year 2018-2019 has been a nasty year for Indian Aviation as the markets slashed big time having a direct impact on economy and employment. With the rising price in Aviation Turbine Fuel (ATF), and the fluctuating dollar airlines had a worst balance sheet for 2018-19. Jet Airways, Air India, SpiceJet, IndiGo, Vistara and Air India had a major blow. With the closure of Jet Airways, India’s premium airline having a fleet of 120+ aircraft including the Boeing 737 MAX […]