Search Results for: Jet Airways

Jet Airways to temporarily shut operations tonight, last flight at 10.30 pm

The SBI-led lenders' consortium has not been able to find a consensus about the initial fund infusion required to get a rescue plan on the runway.

Apr 17, 2019

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Where is market headed after hitting record high second time in three weeks?

Technical charts predict further upside after benchmark indices set record highs; markets to remain closed on Wednesday for Mahavir Jayanti and on Good Friday.

Apr 16, 2019

Naresh Goyal opts not to bid for acquiring stake in cash-strapped Jet Airways

Civil Aviation Minister Suresh Prabhu tweeted on Tuesday that the ministry will be reviewing the fares, cancellations and other issues related to Jet Airways.

Apr 16, 2019

Former AIADMK MP's wife killed over property dispute in Chennai; police suspect son's hand

Rathinam, 63, was allegedly stabbed in the chest by her 35-year-old son Praveen at her residence in Besant Nagar, Chennai.

Apr 16, 2019

SpiceJet gains on Jet woes, rising international profile with network expansion

Budget carrier SpiceJet's stock zooms on the third day of gap-up opening as Jet Airways crashes; market expects further upside while lenders dither on rival's recapitalisation.

Apr 16, 2019

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Jet Airways' fateful descent accelerates; fuel supply to last just hours

Jet Airways chief executive Vinay Dube said the lenders could not reach a consensus on the emergency funding and the board would meet again on Tuesday to further deliberate on the matter.

Apr 16, 2019

Why is only SpiceJet hiring Jet pilots and engineers at steep pay cuts?

Budget airline SpiceJet is gobbling up disgruntled pilots and engineers of stricken Jet at up to 50% salary discount while IndiGo and GoAir are less interested in poaching crew.

Apr 15, 2019

Jet Airways gets a lifeline, airline likely to get Rs 1000 crore on Monday

The latest proposal of fund infusion came after a meeting of civil aviation secretary Pradeep Singh Kharola and top officials in the PMO Friday evening, deliberating the possible way out to save the beleaguered airline.

Apr 14, 2019

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Will lenders thwart Naresh Goyal's bid for backdoor entry to Jet's cockpit?

Jet Airways founder's expression of interest in debt resolution plan puts banks that ousted him as chairman in a fix while reports of PMO's interest add to uncertainty

Apr 13, 2019

Once bitten, twice shy: Roots of Etihad's reluctance over Jet Airways rescue plan

Etihad's non-binding expression of interest in Jet rescue plan is only the first step in a long and cautious journey for UAE national carrier in a bid to avoid pitfalls it stepped into earlier.

Apr 12, 2019

Will Naresh Goyal return to Jet Airways? All eyes on him as bid deadline nears

Naresh Goyal can offer an expression of interest in Jet's debt resolution plan and has a remote chance of returning to controlling role but will have uphill task convincing lenders to ignore possible objections of Etihad.

Apr 12, 2019

Does Goyal legacy make Jet investment a poisoned chalice for other airlines?

There were reports that Tata Sons, which has major stakes in Vistara and Air Asia India, might be interested in Jet Airways.

Apr 11, 2019

Downfall of Jet Airways: How India's premium airline crumbled

Jet Airways has posted losses in eight of the past 10 years and its share of the domestic passenger market has fallen to about 15.5% in 2018 from 22.5% in 2015. About 60%, or more than $600 mn, has been wiped off Jet's market value over the past year.

Apr 10, 2019

Jet Airways on borrowed time as investors cold to lenders' rescue plan

The SBI-led banks' consortium hints at investment possibility of up to 75% stake in debt-laden Jet while expression of interest is set to close on Wednesday.

Apr 9, 2019

Stake sale process of debt-ridden Jet Airways delayed as banks awaits RBI nod

In a bid to turnaround, the fortunes of beleaguered airline, Jet Airways board had decided a plan as per which the consortium of lenders, led by State Bank of India (SBI) would take over the airline's debt and convert it into 114 million shares for just Re 1.

Apr 7, 2019

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Search Results for: Jet Airways

Jet Airways to temporarily shut operations tonight, last flight at 10.30 pm

Where is market headed after hitting record high second time in three weeks?

Naresh Goyal opts not to bid for acquiring stake in cash-strapped Jet Airways

Former AIADMK MP's wife killed over property dispute in Chennai; police suspect son's hand

SpiceJet gains on Jet woes, rising international profile with network expansion

Jet Airways' fateful descent accelerates; fuel supply to last just hours

Why is only SpiceJet hiring Jet pilots and engineers at steep pay cuts?

Jet Airways gets a lifeline, airline likely to get Rs 1000 crore on Monday

Will lenders thwart Naresh Goyal's bid for backdoor entry to Jet's cockpit?

Once bitten, twice shy: Roots of Etihad's reluctance over Jet Airways rescue plan

Will Naresh Goyal return to Jet Airways? All eyes on him as bid deadline nears

Does Goyal legacy make Jet investment a poisoned chalice for other airlines?

Downfall of Jet Airways: How India's premium airline crumbled

Jet Airways on borrowed time as investors cold to lenders' rescue plan

Stake sale process of debt-ridden Jet Airways delayed as banks awaits RBI nod

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