Jet Airways crisis

Jet Airways shares plunge over 6% after co grounds 7 more planes

So far this month, as many as 13 planes of the company have been grounded on account of non-payment of rentals to lessors.

Feb 28, 2019, 12:32 PM IST

Working out mutually acceptable arrangement on salary dues: Jet Airways

Salary payments have been delayed for many employees, including pilots.

Feb 26, 2019, 15:25 PM IST

Jet Airways shares fall 3% on reports of SBI mulling moving NCLT against airline

The cash-strapped full service carrier is looking to rejig debt and raise funds, even as it has been forced to ground two more aircraft due to non-payment of dues to lessors.

Feb 25, 2019, 15:26 PM IST

19 flight cancelled as Jet Airways grounds 3 aircraft due to lease rental default

Jet has also decided to seek shareholders' approval for conversion of loans into shares.

Jan 29, 2019, 16:23 PM IST

Jet Airways seeks shareholder nod on capital boost

The company will also seek approval to allow its lenders to nominate directors to its board, the airline said in a regulatory filing.

Jan 28, 2019, 13:48 PM IST

Sebi says no reference received on relaxing rules in Jet Airways matter

Grappling with financial woes, Jet Airways is looking to raise fresh funds, including from strategic partner Etihad, which currently holds 24 per cent stake in the airline.

Jan 24, 2019, 14:02 PM IST

Monitoring Jet Airways; specific airline probs need specific Measures: IATA chief

IATA also feels that the Indian ecosystem needs to support the sustainability of airlines in the country.

Jan 18, 2019, 10:32 AM IST

Lenders considering resolution plan for Jet Airways: SBI

There are rising concerns over financial health of Jet Airways, whose shares have also taken a beating at stock exchanges.

Jan 17, 2019, 12:10 PM IST

Naresh Goyal to give up majority control in Jet, Etihad to raise stake to 49%

Jet, which is India`s biggest full service carrier by market share, is in desperate need of cash.

Jan 14, 2019, 15:39 PM IST

Jet Airways board holds unscheduled meeting to discuss Fundraising

In the red for three consecutive quarters, Jet Airways has been gasping for funds to keep the airline afloat amid liquidity crunch.

Dec 21, 2018, 11:41 AM IST