Search Results for: Etihad Airways

Jet bailout plan: Naresh Goyal to dilute his stakes to 17%, lenders to hold 30%

Notably, Jet has already grounded its 40 per cent of its fleet along with cancelling hundreds of flights across routes.

Mar 10, 2019

GoAir grounds 14 Airbus A320neo aircraft amid worries of operational efficiency

Passengers bear the brunt of cancellations as fares soar sky-high and pressure on remaining fleet raises performance concerns.

Mar 6, 2019

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Jet troubles worsen as other airlines refuse to fly passengers with cancelled tickets

Air India, Air Vistara cancel deals with Jet for carrying interrupted flights passengers citing big gap in prevailing rates and the standard rate applicable under an agreement.

Mar 2, 2019

Naresh Goyal pens letter to Jet staff hoping things will 'ease up,' son Nivaan may be inducted into board

In the letter sent out to Jet Airways' employees on March 1, Goyal said he was he is "prepared to make any sacrifice to ensure your future comfort and prosperity, viability of the airline and welfare of all employees."

Mar 2, 2019

Jet Airways founder Naresh Goyal agrees to step down as chairman

After months of deliberation, the exit of Naresh Goyal would allow the board to go ahead with the debt restructuring plan of the cash-strapped airline.

Mar 1, 2019

India-Pakistan tension: World media counsel patience amid escalation worries

Coverage of developments in Kashmir between nuclear-armed adversaries gets prominence despite the Trump-Kim Summit and Cohen testimony.

Feb 28, 2019

Trump-Kim Vietnam summit: Denuclearisation, end of sanctions against Pyongyang on agenda

Trump and Kim are in Hanoi and are set to come together for a formal dinner at 6.30 pm local time. The dinner will take place at the Metropole hotel and will be a small affair attended by Trump, Kim, Mike Pompeo, Ri Yong Ho, Minister of Foreign Affairs, and two interpreters.

Feb 27, 2019

Bangladesh plane hijacker wanted to speak to PM Sheikh Hasina about 'issue with wife'

Bangladesh authorities have identified the man as Md Palash Ahmed from Narayanganj's Sonargaon and he is said to have made the revelation to the pilot of the Dubai-bound plane when he tried to enter the cockpit of the aircraft.

Feb 26, 2019

An aircraft of India's Jet Airways lands

Etihad conditions set speed bumps for debt-laden Jet's resolution plan

UAE national carrier is apparently unhappy over SBI opposition to its demand for a right of first refusal after one year and Sebi norm requiring an open offer.

Feb 25, 2019

Raheem Sterling Bernardo Silva Manchester City

Chelsea vs Manchester City Carabao Cup final: Live stream, TV listings & probable XIs

Chelsea will meet Manchester City in the final of the Carabao Cup in Wembley on Sunday as the pressure of Maurizio Sarri keeps mounting.

Feb 24, 2019

Jet Airways rights issue will target raising Rs 2,500 crore

Government-owned National Investment and Infrastructure Fund may pick up a 19% stake in Jet Airways to elevate lenders' equity participation to 51%.

Feb 16, 2019

Jet Airways' bailout plan: Lenders to become largest shareholders, Goyal's stake may drop to 25%

Jet Airways said that its board has approved a rescue plan, through which a consortium of banks — led by the State Bank of India — will convert a part of their debt into equity.

Feb 15, 2019

Airbus scraps A380 superjumbos; 3,500 European jobs at stake

When the first Airbus A380 flew out from France in 2007, it was touted as the competitor to the legendary Boeing 747 jumbo.

Feb 14, 2019

Who is Noel Tata? Ratan's half-brother joins Tata Trusts board sparking successor speculations

With this, Noel Tata is the third brother to be a part of the board. Ratan's younger brother Jimmy has been a trustee for almost 30 years now.