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Jet Airways for Boeing 737 MAX after Ethiopia plane crash


The government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister Narendra Modi seeks to avert thousands of job losses weeks before a general election, two people within the administration told Reuters. The finance ministry has in the past year sought regular updates from the banks, …

Cash-strapped¬†Jet AirwaysMonday told it has grounded four more planes, taking the number of aircraft that are non-operational due to non-payment of lease rentals to 41. Grappling with¬†financial woes, the carrier has been looking at ways to boost fresh funds. “… an additional four aircraft have been grounded due to non-payment of amounts outstanding to lessors …

Aviation regulator DGCA on Monday issued additional safety instructions to SpiceJet and Jet Airways for operating Boeing 737 MAX planes. The pilot commanding the aircraft should have at least 1,000 hours of flying experience, according to the DGCA directions. A day after a 737 MAX aircraft crashed in Ethiopia killing 157 people, the Directorate General …