UwidoNews

Jet Airways (India) Ltd., the nation’s largest carrier by market value, dropped the most in three months in Mumbai trading after the airline said it will cancel flights due to a strike by pilots.

India's Jet Airways cancelled more than 130 flights on Wednesday as a pilots' strike dragged into a second day

Jet Airways (India) Ltd., seeking to regain customer confidence following a five-day strike by its pilots, said it would cut local fares by 50 percent for three days starting today.

Hundreds of passengers today faced inconvenience as the jet airways cancelled 115 flights scheduled for the day after its pilots went on mass casual leave to protest the sacking of their two colleagues.

Jet Airways (India) Ltd.’s three- day conflict with its pilots is costing the nation’s second- largest airline passengers and may hamper plans to raise $400 million to buy new planes.

Continuing its focus on low cost model of operations, private carrier Jet Airways will shift 45 flights to its no-frill service brand Jet Airways Konnect by October.

Pilots working for ailing state-run carrier Air India on Wednesday called off a strike that saw scores of flights cancelled, bookings suspended and hundreds of passengers stranded over the last four days.

Leading private carrier Jet Airways will launch a new economy service, 'Jet Airways Konnect', from Friday on select sectors, the airline announced on Thursday.

To create demand in summers, airlines in India have reduced fuel surcharge on air tickets.Low-cost carriers SpiceJet and Indigo effected a cut last week, while Jet Airways and national carrier Air India followed this week. Industry sources said Kingfisher was evaluating a similar move from April.