Page 36 - Jet Airways

Jet Airways suspends complimentary lounge services to JetPrivilege members

The move comes weeks after Travel Food Services discontinued the facility for Jet Airways passengers due to non-payment of dues

Ranjan Mathai resigns from Jet Airways board as independent director

The departure comes as the airline struggles to keep itself afloat, with rising debt levels and higher oil prices weighing on profits

Etihad in talks to increase stake in beleaguered carrier Jet Airways

Etihad can increase its stake in Jet by another 25 per cent to take it up to 49 per cent - the foreign direct investment cap for foreign airlines

Jet in talks with various investors for sustainable financing: CEO Dube

Tata Sons has confirmed its interest in acquiring the beleaguered airline but has said no concrete proposal has been made by the group so far

Plan to buy beleaguered Jet Airways flies into rough winds with Tata bosses

As things stand now, apart from a clean chit from the internal committee, the Tatas would need some more conditions to be fulfilled for the transaction with Jet to fructify

Jet may seek debt recast if it fails to get equity infusion and sell assets

The airline will also have to undergo a forensic audit for any debt recast to be cleared. Since February 12, virtually all loan recast has come to a halt

Tata Sons may seek a strict non-compete agreement with Jet Airways

This could prohibit Goyal from not only running an airline but also staying out of the travel business for five years

No bailout for Jet Airways, management needs to run smoothly, says Prabhu

Currently, the airline is facing financial troubles due to an increase in jet fuel prices, a weaker rupee, and low fares

Jet Airways pilots threaten not to do additional duties over salary delay

The Naresh Goyal-controlled carrier has been reporting losses since last three successive quarters and defaulting on salary payments to a section of its staff

Tatas confirm talks to buy Jet Airways; lenders to back the acquisition

Jet Airways is facing liquidity problems and has delayed payments to employees and vendors

For debt-laden Jet Airways, bitter foe Tata turns into timely saviour

It is something of a twist of fate that none other than Tata and its joint venture partner Singapore Airlines (SIA) will together take over the troubled Jet Airways

No concrete proposal yet for taking over struggling Jet Airways: Tata Sons

Tata Sons called discussions over buying a stake in the beleaguered carrier 'preliminary'

Why Tata's Chandrasekaran should tread carefully before investing in Jet

One option would be for Tata to swap its position in the struggling AirAsia India for a stake in Jet

Jet Airways makes a U-turn; rallies 11% after falling 7% in opening deals

Shares of Jet Airways on Thursday ended 24.5 per cent higher amid reports Tata Sons will acquire a controlling stake in the cash-strapped airline.

Skies will belong to new combine if Tata's plan to acquire Jet takes off

Aviation experts point out that the entire game plan of Tata-SIA was to be the king of the international skies and to synergise their domestic operations to meet that need

Tata Sons-Jet Airways deal only if Naresh Goyal gives up board seat

Tata Sons board meet to discuss the proposal today, Jet brand may be phased out

Jet refutes reports of likely merger with Tata SIA Airlines as speculative

Jet Airways said it was unable to comment on the reasons for the increase in its share price

Modi govt asked Tata to explore buying stake in Jet, rescue airline: Report

Tata Sons in talks with government about potential haircut to state-run banks on Jet's loans

Tata Sons board may meet on Friday to decide on Jet Airways takeover

Tata-Singapore Airlines is looking at an all-stock merger with Jet Airways as part of the Tata group's plans to board Naresh Goyal's full-service carrier

Jet Airways hits four-month high; soars 105% from October low

The stock rallied 30% to Rs 335 on BSE in the intra-day trade, its sharpest single day gain on reports of Tata Group is in talks to buy a controlling stake in the cash-strapped airline company.