Page 22 - Jet Airways

Will back Jet resolution process within existing regulatory framework: MoCA

DGCA and other regulators are monitoring the situation carefully to ensure that all existing rules regarding refunds, cancellations, and alternate bookings are followed strictly

Jet Airways has no option but to shut shop as banks deny lifeline yet again

The airline, saddled with roughly $1.2 billion of bank debt, has been teetering for weeks after failing to receive a stop-gap loan of about $217 million from its lenders

Lessors rush to repossess more Jet planes, even as emergency funds awaited

Analysis of data disclosed by the Directorate General of Civil Aviation shows that Jet's lessors have, so far, sought to deregister and repossess at least four dozen of the planes operated by Jet

Jet's luck has finally run out: What its collapse says about India

If Jet goes, and Air India is eventually shuttered, the world's fastest-growing aviation market will have just one full-service airline left, a collaboration between Singapore Airlines & Tata Group

Crisis-hit Jet Airways' ultimatum: Infuse Rs 400 crore to stop grounding

Naresh Goyal out of the buyers' list, four bidders remain

Down and out? Jet Airways flies off to that great hangar in the sky

It's a combination of factors that has led to Jet's demise, some within the airline's control and some out of it

Jet Airways lenders refuse more funding, airline risks shutdown: Report

Bankers have confirmed that there's no money coming in for now to save Jet Airways.

Jet down to 5 flights, faces temporary shutdown as lenders continue huddle

Jet Airways has sought emergency funds from banks and has reduced the number of flights to five.

Jet Airways likely to get funding amid reports of temporary shutdown

Jet lenders, led by State Bank of India (SBI), met financial services secretary Rajeev Kumar as the airline's share price fell by as much as 19%

Jet Airways crisis: Management of the debt-laden airline plans to halt ops

Jet Airways shares were down as much as 18.53 per cent, their worst session since August 2015

Jet Airways flyers grapple with late refunds, soaring airfares

The sudden massive cancellations of Jet have put travel agents and customers in jeopardy

Jet Airways stares at shutdown, board meets today as lenders refuse funds

Lenders fail to infuse emergency fund after a crucial meeting on Monday

Jet fails to get interim funding, extends suspension of int'l flights

The airline, which has debt of more than $1.2 billion, has had to ground over two-thirds of its fleet over unpaid dues

Jet pilots appeal to SBI to release Rs 1500 cr, ask PM to save 20,000 jobs

The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.

Out of cash and desperate: Jet Airways may stop flying

Jet Airways had grounded dozens of aircraft over the past few weeks as its finances deteriorated

Jet pilots' body defers 'no flying' decision; management to meet SBI today

The pilots, along with engineers and senior management, have not received salaries since January

Jet Airways' fuel use drops 75%, may spell slow burn in ATF sales

According to reports, 90% of Jet Airways' fleet of 120 aircraft was grounded in the last one month

Crisis looms as Jet Airways suspends SAARC, ASEAN and some Europe flights

Jet Airways has also cancelled its long-haul, west-bound operations to and from Amsterdam, London Heathrow, and Paris till April 16

Jet pilots to stop flying Monday, lenders seek survival plan from airline

Jet Airways is saddled with more than $1.2 billion of debt and it has had to ground more than 80 per cent of its fleet over unpaid dues to leasing companies.

Jet Airways likely to get Rs 1,000-crore emergency fund on Monday

Airline told to prepare a 3-week operational plan