Page 25 - Jet Airways

Jet Airways fate hangs in balance over funding delays, depleting sales

Goyal writes to staff seeking more time to finalise resolution plan, says still in talks with lenders and Etihad; sources say he's looking for a new investor to keep company afloat

Not paid for 3 mnths; flight safety at risk: Jet Airways' engineers to DGCA

It has been arduous for us to meet our financial requirements, result of which have adversely affected the psychological condition of Aircraft Engineers at work: Jet Airways' engineers union

Jet Airways crisis deepens as Etihad refuses to agree on contours of deal

Etihad would not participate in the rights issue or infuse fresh funds under the current terms and conditions of the resolution plan

Naresh Goyal seeks more time to conclude Jet Airways resolution plan

Goyal once again gave his assurance that pending salary dues will be cleared on priority

Passengers bearing the brunt of Jet Airways' flights cancellations

Etihad is planning a fourth frequency between Abu Dhabi-Mumbai for a few days to cater to the load caused due to Jet cancellations

Jet Airways says no money to pay interest to debenture-holders on Tuesday

The acute liquidity crunch has forced Jet to ground aircraft, shut down stations and delay salary payments to its pilots and engineers along with other senior staff

Jet Airways crisis: 4 more planes grounded for non-payment of lease rentals

Grappling with financial woes, the carrier has been looking at ways to raise fresh funds.

Cash-strapped Jet Airways likely to gain from JetPrivilege's success

Jet is pledging its entire shareholding of 49.9 per cent in JetPrivilege to raise a loan for multiple urgent needs

NIIF yet to take a call on investment in cash-strapped Jet Airways

The sovereign fund has not approved a plan or initiated due diligence

Jet Airways suspends services to Abu Dhabi, slashes flights to Dubai

The airline has cancelled all its flights from Monday for operational reasons. It has also stopped Delhi-Dubai flights

Jet Airways pilots seek govt's help to recover unpaid salaries

In a letter to India's labour minister, National Aviators Guild, which represents the majority of Jet's pilots, has asked that the airline immediately pay their outstanding salaries and allowances til

Naresh Goyal, Etihad close to Jet resolution plan; outcome likely in a week

Jet Airways and Etihad have agreed upon an interim financing plan, according to which Etihad will put in Rs 750 cr, and a matching amount will be provided by the Jet lenders

Jet Airways pilots seek govt help to recover unpaid salaries with interest

Jet has delayed payments to its pilots, suppliers and lessors for months and defaulted on loans after racking up more than $1 billion in debt

SBI confident of finalising resolution plan for Jet Airways next week

According to the draft resolution plan submitted to the lenders led by the lead lender SBI, Etihad will bring in around Rs 1,800 crore as fresh equity and increases its stake to 24.9%

Some lessors to end deals with Jet, will fly planes out of India: Report

Two lessors have applied to the Directorate General of Civil Aviation (DGCA), India's aviation regulator, to deregister at least five planes leased to Jet Airways.

Jet Airways crisis: Flyers rage over flight cancellation, some back boycott

India's second-largest carrier, grappling with debt of more than $1 billion, Jet has delayed payments to banks, lessors, vendors and staff

Crisis deepens as Jet Airways stares at another default of $109 million

The bank-led interim financing plan envisaged an infusion of Rs 4,000 crore by stakeholders

Naresh Goyal, Etihad must salvage cash-strapped Jet Airways: Lenders

The Jet Airways' resolution plan has to be put to work this month itself

Decision on providing funds to Jet Airways to be taken collectively: PNB

Any emergency funding to Jet Airways will be part of the resolution package

Etihad quiet on interim funding plan; Jet Airways grounds four more planes

Jet grounds four more planes; Abu Dhabi airline may ask for time to mull over rescue deal