Page 35 - Jet Airways

Jet Airways extends fall as ICRA downgrades credit rating

The stock slipped 6% to Rs 258 on Monday, extending its previous week's 10% decline, after the rating agency ICRA on Friday downgraded cash-strapped airline's long-term ratings from 'B' to 'C'.

Icra downgrades crisis-hit Jet Airways' long-term ratings from 'B' to 'C'

Jet Airways in a regulatory filing also confirmed the rating downgrade by Icra

Jet Airways climbs 3% on reports Etihad will guarantee loans worth $150 mn

Shares of Jet Airways rose as much as 3.59 per cent in the early trade on BSE, after news reports suggested Etihad Airways of Abu Dhabi has offered to guarantee loans worth $150 million.

Cash-strapped Jet Airways seeks soft financing of $350 million from Etihad

The Middle-Eastern airline has, however, offered to finance as much as $200 million, the source said

Jet Airways told pilot union it will clear salary dues by April: Source

The airline has told the union it will pay a quarter of the salary for October on Thursday and 50 per cent during December

Jet Airways promoters close to deal with SBI-led consortium of lenders

The lenders have agreed in principle to convert part of their loans into equity under the proposed debt restructuring plan

Etihad in talks with debt-laden Jet Airways on rescue deal: Sources

Etihad, which owns 24% stake in Jet Airways, is also considering investing fresh funds in the airline if it can agree on the structure

Jet Airways offers up to 30% discount in year end sale: Know the details

We are confident that with attractive offers of up to 30 per cent this global sale will prove to be popular, said Raj Sivakumar

Jet Airways suspends flight services to NE, South India to trim losses

The airline has closed reservation for flights to Silchar, Imphal, Aizawl, Jorhat in northeastern states from mid-February

DGCA approves flight schedule of crisis-hit Jet Airways for five months

The winter schedule for airlines is from last Sunday of October till last Saturday of March

Operational glitch caused cancellation of 15 flights, clarifies Jet Airways

Jet Airways spokesperson said, 'The Company continues to enjoy the complete support and cooperation of all its employees, including pilots and engineers'

Jet cancels 14 flights as pilots report 'sick' over non-payment of salaries

Jet Airways has been defaulting on salary disbursement to its senior management along with pilots and engineer since August

Beleaguered Jet Airways to end services on 7 Gulf routes from Dec: Report

Once a key market for Jet Airways, the lower demand and high competition have made a good number of routes in the Gulf economically unviable

Jet Airways may cede reins to Etihad, puts Tatas' proposal on back burner

Abu Dhabi-based airline may also bring in an Indian entity to invest in the troubled carrier

Robin Kamark replaces Harsh Mohan as Jet's nominee director of Etihad

Jet Airways is 24 per cent owned by Etihad Airways

Debt-laden Jet Airways fires 16, pay problems to persist till March

Some pilots and senior executives were paid only 75 per cent of their September salary, and are yet to be paid full salary for October

Jet Airways to pay remaining 25% of September salary to senior staff by Dec

Jet Airways has failed to stick to the staggered payment schedule

Jet Airways continues layoffs in small batches, fires 16 people to cut cost

Late last month, the airline had laid off 20 employees

Jet flyer overheard saying 'terrorist, destroy', told to deplane, arrested

Yogvedanta Poddar was forced to deboard and handed over to the Central Industrial Security Force

Turbulent journey of Jet Airways: A timeline of how the story unfolded

Saddled with a debt of about Rs 80.52 billion ($1.14 billion) as of Sept. 30, Jet is desperately searching for a deal that could help mitigate its severe liquidity crunch