Page 29 - Jet Airways

Naresh Goyal, Etihad close to Jet resolution plan; outcome likely in a week

Jet Airways and Etihad have agreed upon an interim financing plan, according to which Etihad will put in Rs 750 cr, and a matching amount will be provided by the Jet lenders

Jet Airways pilots seek govt help to recover unpaid salaries with interest

Jet has delayed payments to its pilots, suppliers and lessors for months and defaulted on loans after racking up more than $1 billion in debt

SBI confident of finalising resolution plan for Jet Airways next week

According to the draft resolution plan submitted to the lenders led by the lead lender SBI, Etihad will bring in around Rs 1,800 crore as fresh equity and increases its stake to 24.9%

Some lessors to end deals with Jet, will fly planes out of India: Report

Two lessors have applied to the Directorate General of Civil Aviation (DGCA), India's aviation regulator, to deregister at least five planes leased to Jet Airways.

Jet Airways crisis: Flyers rage over flight cancellation, some back boycott

India's second-largest carrier, grappling with debt of more than $1 billion, Jet has delayed payments to banks, lessors, vendors and staff

Crisis deepens as Jet Airways stares at another default of $109 million

The bank-led interim financing plan envisaged an infusion of Rs 4,000 crore by stakeholders

Naresh Goyal, Etihad must salvage cash-strapped Jet Airways: Lenders

The Jet Airways' resolution plan has to be put to work this month itself

Decision on providing funds to Jet Airways to be taken collectively: PNB

Any emergency funding to Jet Airways will be part of the resolution package

Etihad quiet on interim funding plan; Jet Airways grounds four more planes

Jet grounds four more planes; Abu Dhabi airline may ask for time to mull over rescue deal

Cash-strapped Jet Airways grounds another 4 planes due to non-payment

The airline has, however, not given the specific numbers of flights it has been cancelling every day due to the grounding of these planes

Naresh Goyal seeks Rs 750 crore from Etihad to keep Jet Airways flying

Etihad board discusses bank-led resolution plan for Jet Airways

The rise, the fight and the fall of Jet Airways

If the fight had been handled differently, the fall need not have happened

Jet shares rise on report that airline has secured $293-mn loan from PNB

The airline has raised foreign currency term loans worth Rs 11 billion and a non-fund based credit facility of Rs 9.50 billion from PNB, according to copies of loan documents reviewed by Indian daily

Naresh Goyal to shed stake to 17% in Jet bailout plan; lenders to hold 30%

Etihad board to take up resolution deal tomorrow

Jet planes to be redeployed if restructuring fails this month: Lessor

The grounding of nearly one-quarter of the Jet Airways' fleet has led to the cancellation of hundreds of flights

Jet Airways has 70 aircraft operational, could ground more planes

The airline has been told to ensure that passengers do not suffer because of flight cancellations, says official of Directorate General of Civil Aviation.

Jet Airways grounds 2 more planes, 20% of its fleet now out of operations

With the grounding of two more planes, almost 20 per cent of aircraft in the airlines fleet are now out of operations

Air India, Vistara not to carry grounded Jet Airways passengers

In return, the airline reimburses the amount to other carriers on a fortnightly basis at a pre-agreed rate

Debt-laden Jet Airways removes two more planes, 21 on ground so far

Aircraft lessors have been supportive of the company's efforts in this regard, it said.

Jet Airways slides deeper into distress, now left with only 83 aircraft

AerCap issues termination notice for 2 Boeing 737s, GECAS stops Boeing 737 Max delivery