Page 41 - Jet Airways

Why Jet is flying low, facing questions from Sebi over results deferment

Part of the problem that the airline is facing can be traced to legacy issues that go back a decade

Jet Airways woes: Chairman Naresh Goyal meets aviation secy RN Choubey

According to an airline spokesperson, Naresh Goyal met the aviation secretary on Monday to discuss the issues concerning the sector and the airline

Jet Airways has not yet approached the bank for funds: SBI chairman

Shares of Jet, India's biggest full-service carrier, hit a three-year low on Friday after it deferred its earnings report due the previous day

Jet Airways, Icra under Sebi lens for lapses in loan status disclosure

Regulator seeks clarification from airline and Icra over non-disclosure of loan status in a timely manner

Beleaguered Jet Airways evaluates all funding options; denies loan default

Jet Airways, which is grappling with financial woes, had last week deferred announcement of its financial results for the June quarter and is yet to announce a date

Jet Airways, rating agencies come under regulatory scanner over lapses

While the concerned loan accounts are believed to have been standardised now, it has been alleged that they were in default on multiple occasions during the quarter ended June 30

Amid cash crunch, Jet Airways to face safety audit by aviation regulator

Audit to focus if financial health is compromising safety standards

Aviation authority DGCA to evaluate financial health of Jet Airways

The Naresh Goyal-promoted Jet Airways, in which Gulf carrier Etihad holds 24 per cent stake, is grappling with financial woes

Jet Airways assures investors, says meeting all payment obligations

Jet needs to repay about Rs 30 billion ($436 million) in loans and bonds over the next three years, with a third falling due by the end of 2019

We are meeting payment obligations to lenders and other dues: Jet Airways

Jet says it was working on cost and revenue initiatives to cushion the sharp rise in fuel costs and the depreciation in the Indian rupee

Jet Airways under lens over results deferment; Sebi looking into the matter

The beleaguered airline is seeking $150 million in debt from UAE-based carrier Etihad, which owns a 24% stake in Jet, to tide over its financial crisis

Q1 result announcement date yet to be decided: Jet Airways to Sebi

On Thursday, in a late evening statement, the airline had said it was deferring the announcement of its June quarter results

Civil Aviation Ministry watching developments at Jet Airways: R N Choubey

Shares of the full service carrier slumped over 12 per cent since July 2 and in intra-day trading on Friday, it touched a 52-week low

Jet Airways stocks hit 3-yr low, prompts urgent recapitalisation calls

Jet Airways needs to repay about Rs 30 billion ($436 million) of loans and bonds over the next three years with a third of it due by the end of next year, Reuters data shows

With 8.5% decline, Jet Airways shares plunge for sixth straight session

The stock has fallen by nearly 67 per cent so far this year

'Guilty and embarrassed': Jet Airways boss sorry for share price erosion

Naresh Goyal said Rs 6.36 bn loss in last fiscal was due to an increase in cost beyond the control of the company

Surging fuel prices & India's budget flight boom clip Jet Airways' wings

Shares of the carrier, part-owned by Etihad Airways PJSC, plunged as much as 15 per cent Friday in Mumbai after the company postponed announcing its first-quarter earnings

Jet Airways board defers Q1 results as audit committee refuses approval

Audit Committee did not recommend the said financial results to the board for its approval

Feeling embarrassed about investors losing money: Jet Airways' Naresh Goyal

Stock of Jet Airways has slumped over 12% since July 2 and in intra-day trading on Thursday, it touched a 52-week low of Rs 286.95 apiece

After meeting employees, Jet Airways withdraws 25% salary cut proposal

As part of cost-cutting measures, the Naresh Goyal-promoted full service carrier had asked its employees, including pilots and engineers, to take steep pay cuts