Tag: Jet Airways

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Garuda Indonesia plans to enter Indian tourism market

Emirsyah Satar, President & Chief Executive, Garuda Indonesia, believes that Indian aviation industry is huge and India’s tourism industry holds a great potential.”Indian outbound into Indonesia has seen a significant growth over the past five years and there has been a steady flow of Indian leisure and business travellers between India and Indonesia. It is […]

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Leading Indian airlines see 13% increase in passenger numbers

Six Indian airlines reported that there is an increase of more than 13% in the number of passengers flown in September this year. A total of 45.55 lakh passengers have flown this September as compared to the 40.18 lakh in the same period last year. According to the statistics by the Directorate General of Civil […]

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FIPB okays Jet-Etihad deal

The Foreign Investment Promotion Board (FIPB) recently gave conditional approval to a Rs 2,058 crore deal by Abu Dhabi-based Etihad Airways to buy 24% stake in Jet Airways (India) Ltd. “We have approved the deal with some conditions,” Arvind Mayaram, Secretary, Department of Economic Affairs said. This is the first equity investment in the Indian […]

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Oman Tourism sets its sights on South India market

Oman Tourism India office is taking part in TTF Hyderabad as part of efforts to boost tourist numbers from southern India, showcasing its history, culture, rugged mountains, bustling souqs, desert landscape and beautiful beaches stretched along the 1,700 km coastline. Marketing representatives present in the booth are interacting with other exhibitors and trade visitors to […]

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Jet Airways seals $379 million stake sale deal with Etihad

India’s Jet Airways recently gave green signal to the sale of a 24% stake to UAE based Etihad Airways for $379 million (Rs.2, 058 crore), the first foreign investment in an Indian airline since the country eased restrictions on aviation deals last year. Jet Airways said in a statement to the Bombay Stock Exchange (BSE) that it is selling 27.3 million new […]

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