Page 20 - Jet Airways

Jet, once India's biggest carrier, fights to keep flying

Jet Airways, once India's biggest by market capitalisation, was forced to ground 10 more jets after it failed to pay lease rentals on time

IndiGo and SpiceJet fly on Jet Airways' woes, may garner profits in Q4

On the revenue front, the gains for both, IndiGo and SpiceJet, will come in passenger growth, as well as, a rise in fares

Delay in infusing Rs 1,500 crore emergency funds puts Jet Airways in a spot

Lenders yet to reach consensus, wait for new investors' plan

Etihad submits EoI for crisis-hit Jet Airways, Naresh Goyal may follow suit

The troubled airline cancels all international flights due to cash crunch

Jet cancels international flights for Thursday, seeks funds to stay afloat

The drastic measure was announced after the airline informed the exchanges that it was forced to ground 10 more planes due to non-payment of rentals to the lessors

Jet grounds 10 planes for non-payment of lease rentals, count reaches to 79

Struggling to stay afloat, the full service carrier has already cancelled many flights on various routes

Jet suspends flying to east and northeast India, cuts fleet: Report

The development comes on a day when the continuity of its international operations also came under threat.

Jet's fleet shrinks to 14, govt seeks report on airline's global operations

Jet Airways, which is currently under the management control of the SBI-led consortium of lenders, has been struggling to carry out operations as most of its fleet are grounded due to payment issues

Former chairman Naresh Goyal may submit initial bids for stake in Jet

The bidding norms allow Goyal to participate in the sale process.

Fuel terms tightened, planes seized: Jet Airways hits more turbulence

Indian Oil Corp, for the second time, halted supply of fuel to Jet for a few hours on Wednesday over non-payment of dues

5 suitors for Jet Airways so far as lenders extend deadline for EoI

Lenders are reportedly awaiting EoIs from Air Canada & Delta Airlines, which are likely to submit their initial bids in the next two days.

Jet saga: Lenders delay stake sale to make room for more potential bidders

SBI Caps extends bid deadline till tomorrow to give room to more potential buyers; airline's board to meet today

Jet Airways further reduces fleet to 14 aircraft for operation for Thursday

Of the 14 aircraft, eight are wide-body planes generally used for long-haul international operations

Hats off, NG

Jet's ousted chairman has successfully transferred the headache of reviving his airline to SBI and the government

Cargo agent seizes Jet Airways plane in Amsterdam airport over dues

The airline has grounded more than three-fourths of its fleet due to non-payment of lessors' rentals and is operating just about 25 planes out of its 123 earlier

DGCA de-registers 7 aircraft of Jet, allows lessors to take them back

During the last few weeks, Jet Airways has been grounding its aircraft in tranches due to non-payment of dues to its lessors

Deadline for Jet bidders extended to April 12; binding bids by April 30

Earlier in the day, SBI Capital Markets issued a set of clarifications related to the EoI document, including that bidders in a consortium need to furnish solvency certificates individually

For 3rd time in week, IOC cuts fuel supply to Jet for non- payment of dues

The airline also faced the ignominy of losing one of its planes to a European cargo agent who seized one of its wide-body planes at the Amsterdam airport for payment related issues

Jet crisis: Consortium bidders to submit individual solvency certificates

Jet Airways is grappling with acute financial crunch and the SBI-led consortium of domestic lenders are implementing a debt resolution plan

Pay salary by 14 April or face legal action: Jet pilots send notice to CEO

The pilots, via their counsel, claimed that despite raising the issue time and again with the management, the schedule of payment is getting delayed each time