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Page 32 - Jet Airways

DGCA questions Jet Airways on flight schedule after grounding of planes

Beleaguered airline has also been unable to stick to payment schedule committed to pilots and engineers. On Wednesday pilots got only 50% of November salary against 75% committed

DGCA questions Jet Airways on flight schedule after grounding of planes
Updated On : 31 Jan 2019 | 1:19 PM IST

SBI likely to own 15%, Etihad Airways 40% of debt-hit Jet Airways: Report

Jet said it would seek shareholder approval next month to convert debt into equity, increase its share capital and allow lenders to nominate a director on its board

SBI likely to own 15%, Etihad Airways 40% of debt-hit Jet Airways: Report
Updated On : 30 Jan 2019 | 3:45 PM IST

Lessors move to ground Jet Airways planes, GECAS takes first step

An executive of a private carrier said that default by the airline forcing a lessor to take such a drastic action would weigh heavy on the entire Indian aviation sector

Lessors move to ground Jet Airways planes, GECAS takes first step
Updated On : 30 Jan 2019 | 8:22 AM IST

Jet Airways to cancel 15 flights today, 6 Boeing 737 planes grounded

According to sources, Jet Airways, which is grappling with acute financial woes, cancelled around 20 flights on Tuesday

Jet Airways to cancel 15 flights today, 6 Boeing 737 planes grounded
Updated On : 30 Jan 2019 | 7:46 AM IST

State Bank of India poised to control 15% in debt-laden Jet Airways

Under a new rescue proposal for India's biggest full-service airline, founder Chairman Naresh Goyal's stake would fall below 20 per cent from 51 per cent currently

State Bank of India poised to control 15% in debt-laden Jet Airways
Updated On : 29 Jan 2019 | 9:29 PM IST

Jet Airways forced to ground three planes on lease rental default

The number of aircraft on ground due to non-payment of lease rentals by the carrier now stand at six in the last two days

Jet Airways forced to ground three planes on lease rental default
Updated On : 29 Jan 2019 | 5:04 PM IST

Jet Airways seeks shareholders' nod to turn debt into equity, EGM on Feb 21

According to a revised plan, founder-chairman Naresh Goyal's stake in the airline could go down to 16-18%

Jet Airways seeks shareholders' nod to turn debt into equity, EGM on Feb 21
Updated On : 29 Jan 2019 | 1:03 AM IST

Jet Airways seeks shareholder approval for converting debt into shares

The airline will also seek approval for their lenders to appoint a nominee director to the board

Jet Airways seeks shareholder approval for converting debt into shares
Updated On : 28 Jan 2019 | 1:47 PM IST

New plan for Jet's recast on anvil; Naresh Goyal's stake may go below 20%

Etihad Airways, which holds 24% in Jet at present, may up its stake to close to 40% in the airline; EGM scheduled for February 21

New plan for Jet's recast on anvil; Naresh Goyal's stake may go below 20%
Updated On : 26 Jan 2019 | 12:44 AM IST

Etihad wants to end exclusivity for JetPrivilege as part of rescue deal

The airline is keen to extend the programme beyond Jet partners

Etihad wants to end exclusivity for JetPrivilege as part of rescue deal
Updated On : 25 Jan 2019 | 1:54 AM IST

Didn't receive any reference on relaxing rules in Jet Airways matter: Sebi

Grappling with financial woes, Jet Airways is looking to raise fresh funds, including from strategic partner Etihad

Didn't receive any reference on relaxing rules in Jet Airways matter: Sebi
Updated On : 24 Jan 2019 | 2:48 PM IST

SBI chief seeks Sebi's views on Etihad bailout proposal for Jet Airways

SBI Chairman Rajnish Kumar, Sebi's Ajay Tyagi discuss Jet rescue plan besides other issues

SBI chief seeks Sebi's views on Etihad bailout proposal for Jet Airways
Updated On : 24 Jan 2019 | 12:46 AM IST

With jobs at stake, Jet Airways is casting a shadow on 2019 Lok Sabha polls

Troubled Jet Airways working to revamp debt and avert collapse

With jobs at stake, Jet Airways is casting a shadow on 2019 Lok Sabha polls
Updated On : 22 Jan 2019 | 9:21 PM IST

Jet's lenders awaiting Sebi decision on exemptions to Etihad: SBI chairman

Jet owes over Rs 8,000 crore to the SBI-led consortium

Jet's lenders awaiting Sebi decision on exemptions to Etihad: SBI chairman
Updated On : 19 Jan 2019 | 11:40 PM IST

Naresh Goyal sets terms for Rs 700-cr infusion into debt-laden Jet Airways

Goyal wants Sebi exemption from takeover code if stake falls below 25%

Naresh Goyal sets terms for Rs 700-cr infusion into debt-laden Jet Airways
Updated On : 18 Jan 2019 | 3:10 AM IST

Lenders of debt-laden Jet Airways likely to write off up to 25% of loans

The resolution plan in this regard would be ready by mid-February. By then, Etihad Airlines, which owns 24% in Jet, aims to conclude its own examination ('due diligence') on the airline's issues

Lenders of debt-laden Jet Airways likely to write off up to 25% of loans
Updated On : 17 Jan 2019 | 10:05 PM IST

Jet Airways turns volatile; up 15% from day's low on back of heavy volumes

The stock moved higher by 9 per cent to Rs 296, bouncing back 15 per cent from its early morning low of Rs 257 on the BSE.

Jet Airways turns volatile; up 15% from day's low on back of heavy volumes
Updated On : 17 Jan 2019 | 3:06 PM IST

Naresh Goyal ready to put Rs 700 cr in Jet; lenders discuss restructuring

Jet Airways Chairman Naresh Goyal says this is subject to the condition that his shareholding post such infusion is at least 25%

Naresh Goyal ready to put Rs 700 cr in Jet; lenders discuss restructuring
Updated On : 17 Jan 2019 | 2:44 PM IST

I will strive to transform Jet Airways into a viable business: Nivaan Goyal

At Jet Airways, Goyal is the designated head of business transformation and is tipped to be inducted as a director on the bo

I will strive to transform Jet Airways into a viable business: Nivaan Goyal
Updated On : 17 Jan 2019 | 3:49 AM IST

SBI-led consortium of lenders likely to bag biggest stake in Jet Airways

Airline says change in board composition under consideration

SBI-led consortium of lenders likely to bag biggest stake in Jet Airways
Updated On : 17 Jan 2019 | 2:46 AM IST