Page 18 - Jet Airways

FM Jaitley has promised to look into Jet Airways' issues: CEO Vinay Dube

At least one month's salary was needed to be paid to the employees for retaining them, Dube said

Jet Airways issues gag order, asks employees not to speak with media

Jet said talking with external stakeholders especially the media might impact the bidding process for airline's stake sale.

Teenager's online petition to save father's job at Jet Airways goes viral

In the petition titled 'Saving future of 16,000 Jet Airways employees', she has sought instant financial help for the airline from the government.

Jet grounded: Spare a thought for employees as over 20000 jobs are at stake

After flying for 26 years, Jet Airways announced temporary grounding of operations after the lenders declined a Rs 400-crore lifeline

Jet Airways crisis: Foreign trips set to get at least 10% costlier

The closure of Pakistan airspace is another factor as it has pushed up operating costs for airlines

Jet Airways timeline: How the 'Joy of Flying' airline's dreams soured

The airline, known for its "The Joy of Flying" tagline, has been teetering for weeks, saddled with over $1 billion in debt.

Why Jet Airways shutting down operations poses a challenge for Mumbai

Jet is the largest player in the Mumbai airport, with over 110 domestic slots and 30 international slots from the city

Jet Airways crisis: Banks stare at Rs 1,000-crore urgent provisioning

Jet cancelled all flights on Wednesday as lenders did not extend critical interim funding

Jet Airways' temporary closure setback for Indian aviation: Ashwani Lohani

According to him, it is a sad day for all those in the business of flying in the country to witness a fine airline closing shop

Jet Airways suspends all operations as lenders reject plea for funds

The grounding comes after weeks of painstaking negotiations between the airline and its lenders for funds following a severe cash crunch that had led to defaults and mounting dues

End of an era: Jet Airways to ground operations temporarily from tonight

The airline said the decision follows the lenders refusing to offer a lifeline

Will back Jet resolution process within existing regulatory framework: MoCA

DGCA and other regulators are monitoring the situation carefully to ensure that all existing rules regarding refunds, cancellations, and alternate bookings are followed strictly

Jet Airways has no option but to shut shop as banks deny lifeline yet again

The airline, saddled with roughly $1.2 billion of bank debt, has been teetering for weeks after failing to receive a stop-gap loan of about $217 million from its lenders

Lessors rush to repossess more Jet planes, even as emergency funds awaited

Analysis of data disclosed by the Directorate General of Civil Aviation shows that Jet's lessors have, so far, sought to deregister and repossess at least four dozen of the planes operated by Jet

Jet's luck has finally run out: What its collapse says about India

If Jet goes, and Air India is eventually shuttered, the world's fastest-growing aviation market will have just one full-service airline left, a collaboration between Singapore Airlines & Tata Group

Crisis-hit Jet Airways' ultimatum: Infuse Rs 400 crore to stop grounding

Naresh Goyal out of the buyers' list, four bidders remain

Down and out? Jet Airways flies off to that great hangar in the sky

It's a combination of factors that has led to Jet's demise, some within the airline's control and some out of it

Jet Airways lenders refuse more funding, airline risks shutdown: Report

Bankers have confirmed that there's no money coming in for now to save Jet Airways.

Jet down to 5 flights, faces temporary shutdown as lenders continue huddle

Jet Airways has sought emergency funds from banks and has reduced the number of flights to five.

Jet Airways likely to get funding amid reports of temporary shutdown

Jet lenders, led by State Bank of India (SBI), met financial services secretary Rajeev Kumar as the airline's share price fell by as much as 19%