Hit by high fuel cost and a weakened rupee, private carrier Jet Airways (India) Ltd posted a consolidated net loss of Rs 354 crore in the March quarter, compared with a loss of Rs 200 crore in the year-ago period.

Jet Airways is expected to order more than 100 narrow-body aircraft for up to $3.75 billion in 2012-13 as the largest Indian carrier grabs market share from its troubled rivals, a leading consultancy said.

A sagging rupee has compounded the problems of loss-making Indian airlines, as 35 per cent of their operating cost is in dollar terms.

Lufthansa Chief Executive Officer Christoph Franz met Jet Airways Chairman Naresh Goyal and civil aviation ministry officials in New Delhi earlier this month.

Shares of aviation companies such as Jet Airways, SpiceJet and Kingfisher Airlines have rallied more than 3% each in otherwise weak market on reports that the government may clear the proposal of foreign direct investment (FDI) in the aviation sector in

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Kingfisher Airlines is trading higher by14% to Rs 15.55, bouncing back 20% from all-time low of Rs 12.95 touched in morning trades on back of huge volumes.

Jet Airways has stopped the sourcing of on-flight meals from certain international airports and decided not to hire foreign pilots, to save costs. The airline is implementing these measures as the rupee dropped to a four-month low last week.

Jet Airways will introduce an additional flight between Kolkata and Bangkok from May 10. Jet will add a Boeing 737 for the second daily flight on the route to cater to increased demand in the forthcoming holiday season, the airline said on Thursday.

Shares of aviation companies are under pressure in otherwise firm market, declining between 4-5% from day’s high, after the government postponed the decision of allowing foreign carriers to invest in domestic airlines for next week.

Jet Airways has said there has been some delays in its payments to airports due to rising fuel costs and a depreciating rupee.

Shares of aviation companies like Jet Airways (India), Kingfisher Airlines and SpiceJet have rallied more than 5% each in opening trades in a hope that the government will allow foreign airlines to pick up stake in the domestic carriers.

It was a quiet image makeover — without any frills — but Jet Airways hopes that a change in the branding strategy of its low-cost product will also help change its fortune.

JP Morgan downgraded Jet Airways to 'underweight' from 'overweight' on Friday, saying high oil prices and the weak rupee were among the negative factors denting the outlook for the sector.

The director general of civil aviation (DGCA) is examining a Jet Airways complaint against rival airlines and travel portals for ‘opaque fares’.

Shares of aviation companies such as Jet Airways and SpiceJet are trading higher by 3% each on report that the civil aviation ministry has allowed increasing utilisation of foreign bilateral rights for Indian carriers to 40%, roughly equal to the

Jet Airways (India) has rallied 6% to Rs 340 in late afternoon deals after the country's largest airline on Monday after market hours said that as part of a strategic rebranding and restructuring exercise it will consolidate its low fare service

Jet Airways Chairman Naresh Goyal today expressed the confidence that the airline would overcome the troubles it is facing.

Jet Airways said on Tuesday it has mutually agreed with tax authorities on a payment schedule for the pending service tax dues. Denying reports that its bank accounts have been attached, Jet said it will pay Rs 35 crore due in service taxes in two days.

Jet Airways (India) is trading higher by 7.4% at Rs 314 bouncing back 10% from intra-day low of Rs 286, after the company has clarified the media report on service tax payments of the airline is inaccurate, damaging and misleading.