Jet Airways has lost many employees as the crisis unfolded.
Aviation in India has attracted entrepreneurs like moths to a flame but only a few have managed to survive and thrive in a sector which has become the graveyard of all kinds of airline business models − budget, full service and hybrid. Kingfisher was one of the biggest private initiatives but it failed.
Indian Immigration authorities on Saturday stopped former Jet Airways chief Naresh Goyal and his wife from travelling to London, an official said, a month after the debt-laden company grounded its fleet.
A businessman who mockingly threatened to hijack a plane to persuade his lover to quit her airline job and settle with him has been sentenced to life by an Indian anti-terrorism court.
China’s factory activity expanded in July at the slowest pace in 17 months as higher raw material costs, equipment maintenance and extreme weather weighed on business activity,
Trade in medical goods registered growth of 16.3 per cent in 2020 - compared with 4.7 per cent growth in 2019 when the COVID-19 pandemic was just starting,
Al Aliyo HydroFarms, a hydroponic fodder farm in the UAE, has inaugurated two warehouses in the Sharjah Food Park of Hamriyah Free Zone Authority (HFZA) with initial investments estimated at Dhs9 million.