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Etihad, Jet tie up for wet lease

Etihad, Jet tie up for wet lease

India's second largest airline by market share, Jet Airways has leased a wide body aircraft along with 60 of its cabin crew to Abu Dhabi based Etihad Airways, a move that indicates a burgeoning partnership, even before the two airlines ink an equity stake sale. In aviation terms, a wet lease of an aircraft is an arrangement whereby the lessor, in this instance Jet, provides crew, maintenance and aircraft for a consideration.

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Improving offshore efficiency

Improving offshore efficiency

NPCC Engineering has successfully created a well head platform at WO-16 and SB-14 cluster field located at South East of SH process complex of Mumbai High Field in water depth of 75 to 80 m, with the help of Tekla's 3D BIM-based software.

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Overseas airlines well placed to enter Indian aviation

Overseas airlines well placed to enter Indian aviation

For Indian aviation industry that has always been inherently vibrant, last week was unusually eventful for aviation. It began with the news that a sale of stake by Jet Airways, India's second-largest carrier by passengers carried, to Abu Dhabi's fast-growing airline, Etihad Airways, will be delayed.

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Etihad may get into pact with Jet Airways

Etihad may get into pact with Jet Airways

Abu Dhabi's Etihad Airways will finalise a deal to buy a stake in Jet Airways on January 25, according to a television report. If it materialised, it would become the first such investment by a foreign carrier in an airline in India since rules were relaxed last year. A deal may be announced as early as January 25 or by the first week of February, sources were quoted as revealed.

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An eight-pronged approach

An eight-pronged approach

Essar, now a multinational conglomerate, began its operations with the construction of an outer breakwater in Chennai Port (the then Madras Port) in 1969.

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An eight-pronged approach

An eight-pronged approach

Essar, now a multinational conglomerate, began its operations with the construction of an outer breakwater in Chennai Port (the then Madras Port) in 1969.

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NPCC bags project at Mumbai High

NPCC bags project at Mumbai High

National Petroleum Construction Company (NPCC) of Abu Dhabi has bagged a $227 million (Dh834 million) engineering, procurement and construction contract from Oil & Natural Gas Corporation (ONGC), for a wellhead platforms project at the offshore Mumbai High Field.

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