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Page 20 - Jet Airways

Mumbai firm Darwin Group submits bid to invest in grounded Jet Airways

Singh's Darwin Platform Group is the third unsolicited bidder to stake a claim for revival of the grounded airline

Mumbai firm Darwin Group submits bid to invest in grounded Jet Airways
Updated On : 16 May 2019 | 1:34 AM IST

Hinduja group keen on Jet Airways takeover; seeks Naresh Goyal's consent

The airline industry in India has already witnessed similar meltdowns with SpiceJet making a spectacular turnaround after a similar situation

Hinduja group keen on Jet Airways takeover; seeks Naresh Goyal's consent
Updated On : 16 May 2019 | 1:31 AM IST

Lenders, Etihad want UK's richest family, the Hindujas, to buy into Jet

The Hinduja Group is non-committal but will keep its options open

Lenders, Etihad want UK's richest family, the Hindujas, to buy into Jet
Updated On : 15 May 2019 | 9:05 AM IST

Jet to get back airport slots after resolution process ends: Minister

Government remains 'committed to the strategic sale of Air India', says Jayant Sinha.

Jet to get back airport slots after resolution process ends: Minister
Updated On : 14 May 2019 | 8:36 PM IST

Jet Airways sees top management exodus as rescue hopes dim for airline

Chief Executive Vinay Dube and Chief Financial Officer Amit Agarwal of Jet Airways resign.

Jet Airways sees top management exodus as rescue hopes dim for airline
Updated On : 14 May 2019 | 8:14 PM IST

Jet CEO Vinay Dube resigns, follows chief financial officer Agarwal

Jet, which owes vast sums to its lessors, pilots, fuel suppliers and other parties, stopped all flights from April 17

Jet CEO Vinay Dube resigns, follows chief financial officer Agarwal
Updated On : 14 May 2019 | 5:21 PM IST

Jet Airways CFO, deputy CEO Amit Agarwal resigns for 'personal reasons'

Amit Agarwal had been named as the deputy chief executive officer of the airline in 2017

Jet Airways CFO, deputy CEO Amit Agarwal resigns for 'personal reasons'
Updated On : 14 May 2019 | 9:56 AM IST

Jet Airways deal likely to give wing to Etihad to take on Emirates

In 2013, Etihad bailed Goyal out when he sank into a financial mess by taking a 24 per cent stake in Jet for $397 million

Jet Airways deal likely to give wing to Etihad to take on Emirates
Updated On : 10 May 2019 | 11:20 PM IST

Etihad interested in re-investing in Jet Airways subject to conditions

Airline is saddled with roughly $1.2 billion in bank debt; deadline to buy a stake is over.

Etihad interested in re-investing in Jet Airways subject to conditions
Updated On : 10 May 2019 | 7:06 PM IST

Etihad Airways submits binding bid for Jet Airways: TV reports

Jet, once India's largest private airline, stopped all flights on April 17 after its lenders, led by State Bank of India, declined to extend more funds to keep the carrier going

Etihad Airways submits binding bid for Jet Airways: TV reports
Updated On : 10 May 2019 | 6:33 PM IST

ED probes Jet Airways' frequent flyer loyalty programme deal with Etihad

Etihad acquired its share in Jet Privilege Private (JPPL) nearly six years ago in compliance with all regulatory requirements.

ED probes Jet Airways' frequent flyer loyalty programme deal with Etihad
Updated On : 09 May 2019 | 1:29 AM IST
Updated On : 08 May 2019 | 11:13 PM IST

Winners, losers and fence sitters

The downfall of Jet Airways has produced at least one long-term winner, one short-term gainer and a few fence sitters

Winners, losers and fence sitters
Updated On : 06 May 2019 | 9:23 PM IST

Govt sees little scope for Jet Airways revival as bidders stay away: Report

Two senior finance ministry officials say debt-laden Jet Airways may soon face bankruptcy.

Govt sees little scope for Jet Airways revival as bidders stay away: Report
Updated On : 06 May 2019 | 2:52 AM IST

Bidders for Jet Airways not keen to follow up on their offers: Report

Three of the four qualified bidders - Etihad Airways, TPG Capital and Indigo Partners - have not signed non-disclosure agreements which is necessary for conducting due diligence, the paper said.

Bidders for Jet Airways not keen to follow up on their offers: Report
Updated On : 02 May 2019 | 9:39 AM IST

A third of Jet pilots may have already found jobs with other airlines

The grounding of Jet has come as an opportunity for the market to hire a readily-available skilled workforce from the licensed categories

A third of Jet pilots may have already found jobs with other airlines
Updated On : 01 May 2019 | 10:15 AM IST

Jet Airways staff promise to secure Rs 3,000 crore, seek SBI nod to bid

The associations have promised that employees would contribute towards revival of the airline from their future earnings and increased productivity

Jet Airways staff promise to secure Rs 3,000 crore, seek SBI nod to bid
Updated On : 29 Apr 2019 | 7:32 PM IST

45-year-old Jet technician, suffering from cancer, commits suicide

It was the first suicide of an employee since the airline suspended operations

45-year-old Jet technician, suffering from cancer, commits suicide
Updated On : 28 Apr 2019 | 1:09 PM IST

Business resembles migration

Pioneers don't want others to follow in their wake

Business resembles migration
Updated On : 27 Apr 2019 | 1:20 PM IST

Crisis-hit Jet Airways asks govt to protect international traffic rights

Jet's slots at various airports have already been distributed to other domestic airlines for three months

Crisis-hit Jet Airways asks govt to protect international traffic rights
Updated On : 26 Apr 2019 | 12:50 AM IST