Search Results for: Qatar airways

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

An aircraft of India's Jet Airways lands

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.

Feb 14, 2019

DGCA bar on longer Neo, MAX flights affects Indigo, Jet

The curbs were put in place after a 737 MAX jet operated by Indonesian airline Lion Air had crashed last year, killing all 189 people on board.

Feb 10, 2019

Flying 'Oval Office' getting ready for PM Modi, President Kovind; to be delivered by year-end

A new defence mechanism, large aircraft infrared countermeasures (LAIRCM), will be installed in the flights to help with shielding the aircraft from 'shoulder or man-portable missiles'.

Feb 8, 2019

Four Jet Airways aircraft grounded for non-payment of lessors' dues

Lately, Jet Airways has been in a tight spot financially as a rescue plan is being stitched between its partner Etihad and a consortium of banks.

Feb 8, 2019

Jet to seek nod for turning debt to equity; Goyal's stake to be less than 20%?

EGM of debt-ridden private airline will increase equity and dilute Goyal's stake while allowing conversion of debt to equity

Jan 29, 2019

Modi government likely to fall short of parliament majority in Lok Sabha polls - survey

Modi, who swept to power in 2014 with the biggest majority seen in India in decades, is facing public discontent over a lack of jobs and a weak farm economy.

Jan 25, 2019

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Merger of Jet Airways and Air India will save both, but will be bad for flyers

If the two full service carriers were to merge, both could do away with suicidal discounting. A rationlisation of ticketing will be a crucial part of the turnaround of both the airlines.

Jan 24, 2019

From separate wing to personal cook: VK Sasikala enjoys VIP privileges in Bengaluru prison, reveals RTI

The 59-year-old was convicted by the Supreme Court in February 2017 in a disproportionate assets case and jailed for four years along with her relatives Ilavarasi and VN Sudhakaran.

Jan 21, 2019

Goyal family, Etihad at odds over Jet rescue plan

Goyal wants at least a 25% stake in reconstituted Jet equity; Goyal and Etihad seek Sebi exemption from takeover code violation

Jan 18, 2019

SBI-led consortium eyes debt-equity deal as Jet Airways rescue talks enter final stage

Jet shares turn volatile over Etihad offer reports while proposals include dilution of Goyal's equity and seats for lenders on the company's board.

Jan 17, 2019

Etihad Airways to invest in debt-laden Jet Airways at discounted Rs 150 per share

Etihad, which owns 24 per cent of Jet, wants exemption from the market regulator on preference pricing and open offer guidelines to invest more for the bailout.

Jan 16, 2019

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Naresh Goyal to cede Jet Airways control as bailout plan explores more Etihad stake

The SBI-approved proposal seeks lenders to recast the private airline's debt and increase foreign partner's equity participation.

Jan 15, 2019

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