Business Standard

Page 23 - Jet Airways

Cash-strapped Jet Airways to operate 40 more planes by April-end

Jet's operating fleet reduced from 103 planes in October 2018 to 35 now, leading to massive cancellations and a surge in airfares

Cash-strapped Jet Airways to operate 40 more planes by April-end
Updated On : 27 Mar 2019 | 1:13 AM IST

Jet or Air India? Strategic investors in airline biz are spoilt for choice

In terms of size, international reach, and slots, Air India is far ahead of its rival

Jet or Air India? Strategic investors in airline biz are spoilt for choice
Updated On : 26 Mar 2019 | 11:26 PM IST

'Will fly 40 additional aircraft by April-end', Jet Airways informs govt

Jet Airways would be approaching aviation watchdog DGCA to get next month's schedule approved for these 35 planes

'Will fly 40 additional aircraft by April-end', Jet Airways informs govt
Updated On : 26 Mar 2019 | 9:25 PM IST

Jet Airways' new investor needs to bring Rs 4,500-cr capital: SBI official

Lenders have decided to invite expression of interest by April 9 and binding bids by April 30

Jet Airways' new investor needs to bring Rs 4,500-cr capital: SBI official
Updated On : 26 Mar 2019 | 8:29 PM IST

Jet crisis: The story so far & whether Naresh Goyal can make a comeback

Naresh Goyal, stepped down as chairman of Jet Airways on Monday under a debt resolution plan and transferred control to the lenders

Jet crisis: The story so far & whether Naresh Goyal can make a comeback
Updated On : 26 Mar 2019 | 1:35 PM IST

Naresh Goyal exits crisis-hit Jet Airways board but room open for return

Bankers take charge of airline, set May-end deadline for buyer

Naresh Goyal exits crisis-hit Jet Airways board but room open for return
Updated On : 26 Mar 2019 | 2:51 AM IST

High-cost structure, unfriendly policies are hitting air pocket

Over a decade ago, the government's deregulation had spawned the growth of private airlines, bringing a new level of customer service in Indian skies

High-cost structure, unfriendly policies are hitting air pocket
Updated On : 26 Mar 2019 | 2:12 AM IST

On a wing and a prayer

Reviving Jet and then selling won't be easy for lenders

On a wing and a prayer
Updated On : 26 Mar 2019 | 12:01 AM IST

Jet staff wants representation in new management, writes to SBI chief

The committee under the overall supervision of the airline's board, was announced after founder Naresh Goyal was forced to step down from the board

Jet staff wants representation in new management, writes to SBI chief
Updated On : 25 Mar 2019 | 11:27 PM IST

Naresh Goyal, a tough negotiator who buckled up for turbulent times

Naresh Goyal has been known as a tough negotiator and suave businessman who helped sway policy environment to suit his airline

Naresh Goyal, a tough negotiator who buckled up for turbulent times
Updated On : 25 Mar 2019 | 10:13 PM IST

Jet Airways auction likely to shape the future of airline business

Goyal, with 25 per cent, can try and rope in new global partner replacing Etihad and bid together to get Jet back

Jet Airways auction likely to shape the future of airline business
Updated On : 25 Mar 2019 | 9:59 PM IST

Waiting for Godot

With no knight in shining armour on the horizon, Jet Airways' days seem numbered

Waiting for Godot
Updated On : 25 Mar 2019 | 8:59 PM IST

SBI chairman expects investors for cash-strapped Jet Airways by May 31

Consortium of lender led by the SBI has agreed to put in Rs 1,500 crore immediate funding by acquiring 51% stake

SBI chairman expects investors for cash-strapped Jet Airways by May 31
Updated On : 25 Mar 2019 | 6:46 PM IST

Naresh Goyal's resignation a wake-up call for policymakers: SpiceJet chief

SpiceJet chief Ajay Singh also said that it was a wake-up call for Indian policy makers

Naresh Goyal's resignation a wake-up call for policymakers: SpiceJet chief
Updated On : 25 Mar 2019 | 5:31 PM IST

Naresh Goyal quits Jet board, lenders take over cash-strapped airline

Saddled with more than $1 billion of debt, Jet is struggling to stay afloat

Naresh Goyal quits Jet board, lenders take over cash-strapped airline
Updated On : 25 Mar 2019 | 5:06 PM IST

Good outcome from Jet, lenders' talks better than insolvency: Govt official

Good outcome from Jet, lenders' talks preferable to insolvency process: Govt official

Good outcome from Jet, lenders' talks better than insolvency: Govt official
Updated On : 25 Mar 2019 | 2:30 PM IST

Naresh Goyal to quit as chairman of debt-ridden Jet today: Report

Chief Executive Vinay Dube is expected to stay on board the 25-year-old airline Goyal set up with his wife in 1993, according to the report

Naresh Goyal to quit as chairman of debt-ridden Jet today: Report
Updated On : 25 Mar 2019 | 10:32 AM IST

Board approval to crisis-hit Jet Airways management change today

Team of I-bankers, advisors helping bank consortium in rescue deal

Board approval to crisis-hit Jet Airways management change today
Updated On : 25 Mar 2019 | 2:32 AM IST

Flying away: Why Etihad won't invest in debt-laden Jet Airways anymore

Etihad is neither in a position nor in a mood to repeat history by injecting more cash into Jet or helping Goyal as it did earlier, even if he were to cede control

Flying away: Why Etihad won't invest in debt-laden Jet Airways anymore
Updated On : 25 Mar 2019 | 1:55 AM IST

Letter to BS: Banks to take control of crisis-hit Jet Airways cockpit

The present credit exposure of the consortium of lenders to Jet Airways is a potential bad asset

Letter to BS: Banks to take control of crisis-hit Jet Airways cockpit
Updated On : 25 Mar 2019 | 12:19 AM IST