Jet Airways

Goyal seeks Rs 750-cr lifeline from Etihad, warns delay may ground Jet Airways

The airline holds 49.9 percent stake in the loyalty programme, while the majority is with Etihad.

Mar 11, 2019, 18:09 PM IST

Jet Airways secures $293 million loan from PNB: Report

Jet said last week another three aircraft had been grounded due to its failure to make payments, taking the total number to 28, but it has not specified the lessors involved.

Mar 11, 2019, 10:12 AM IST

Jet Airways operates all-women crew flights on International Women's Day

Jet Airways will operate all-women crew flights to mark International Women's Day.

Mar 08, 2019, 08:46 AM IST

Jet Airways grounds two more aircraft, likely to impact 75 flights

Jet Airways informed that an additional two aircraft have been grounded due to non-payment of amounts.

Mar 01, 2019, 23:58 PM IST

Jet Airways founder Naresh Goyal agrees to step down as chairman: Source

Saddled with a billion dollars in debt, Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

Feb 28, 2019, 19:57 PM IST

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

Jet Airways grounds seven more planes as it fails to pay lessors

Jet Airways said on Wednesday it had grounded seven more aircraft as the carrier failed to make payments to its lessors, taking the tally of planes hamstrung by the defaults to 13.

Feb 27, 2019, 20:05 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 debt recast: Lenders to have largest shareholding

The plan proposes restructuring, under the provisions of the Reserve Bank of India's February 12, 2018 circular, to meet a funding gap of nearly Rs 8,500 crore.

Feb 15, 2019, 13:33 PM IST

Jet Airways posts consolidated net loss of Rs 732 crore in Q3

The company had posted a standalone net profit of Rs 165.25 crore in the same quarter previous fiscal, Jet Airways said in a statement.

Feb 15, 2019, 13:30 PM IST

DGCA reviewing Jet Airways flights' schedule every 15 days, says official

Jet Airways, which has been flying for over 25 years, is working with lenders to restructure its debt as well as raise fresh funds.

Feb 13, 2019, 17:45 PM IST

Mumbai-Dehradun Jet Airways flight diverted to Chandigarh due to 'technical reasons'

Jet Airways flight 9W 703 from Mumbai to Dehradun was diverted to Chandigarh.

Feb 09, 2019, 19:17 PM IST

Under pressure of $1.14 billion in debt, Jet grounds 4 aircraft

Saddled with debt of about $1.14 billion, Jet Airways has been hit by price competition, rupee depreciation and high oil costs.

Feb 08, 2019, 09:22 AM IST

Jet introduces staggered penalty framework for domestic network

The new policy would be implemented from on Thursday.

Feb 07, 2019, 10:40 AM 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

Ready to infuse up to Rs 700 cr in Jet Airways subject to conditions, says Naresh Goyal

When shareholding of an entity in a listed company goes beyond a certain threshold, then the open offer requirement is triggered under Sebi's Takeover Code.

Jan 17, 2019, 13:26 PM IST

Not interested in Jet Airways as backed by ''enemy'' state: Qatar Airways CEO

Al-Baker said Qatar Airways would be "delighted" to take a stake in IndiGo.

Jan 15, 2019, 14:45 PM IST

Jet Airways shares jump over 16% on news of Naresh Goyal's stake dilution

Jet Airways soared 16.13 percent to close at Rs 294.40 on BSE.

Jan 14, 2019, 17:35 PM IST