Jet is working toward securing funding and has a repayment plan which it will share with them
Shares of Jet continued to trade weak on Thursday, falling over 6% after the crisis-hit firm defaulted on repayment of loans to a consortium of Indian banks
Only way for survival, analysts say, is a total revamp - in other words, a Goyal-free Jet
Over the past several months, the airline has struggled to pay vendors and staff salaries on time
The 25-year-old airline is facing financial difficulties and owes money to pilots, lessors and vendors
Says airline will rationalise ops, go for European routes
Jet said it arranged another aircraft to operate its flight to Managalore from Bengaluru due to a 'technical snag'.
Negotiations with Etihad stuck due to valuation, management control issues
Media reports suggest that Jet Airways is returning eight Boeing 737 aircraft to its lessors and delaying induction of new planes following a severe cash drought
Jet has 123 aircraft in its fleet that has ATR, Airbus and Boeing variant
During the monitoring, various aspects from the view point of safety are looked at. This includes assessing whether the airline is able to maintain its aircraft and schedule, an official said
SBI, the lead banker to the airlines' over Rs 80 billion loans, has mandated EY to conduct the forensic audit of its books
The Greek-American aviation veteran in his third comeback to Naresh Goyal-controlled Jet Airways in May was roped in to revive the fortunes of the full-service carrier
Shares of Jet Airways fell as much as 4 per cent on BSE after news reports suggested Nikos Kardassis, the former CEO, has parted ways with it
Jet has come under regulatory scrutiny twice this year
The airline has been struggling to keep afloat following three consecutive quarterly losses of over Rs 10 billion each
With 124 planes, Jet now flies to places like Hong Kong, Dubai, Paris and London, besides over 45 destinations in India
While airport sources said the plane returned due to pressurisation failure, Jet Airways said the plane returned for "technical reasons which are under investigation"
Why the Tata group buying Jet would have been the best outcome for all
Codesharing allows an airline to book its passengers on its partner carriers and provide seamless travel to destinations where it has no presence