Business Standard

Page 26 - Jet Airways

Cash-strapped Jet Airways grounds another 4 planes due to non-payment

The airline has, however, not given the specific numbers of flights it has been cancelling every day due to the grounding of these planes

Cash-strapped Jet Airways grounds another 4 planes due to non-payment
Updated On : 12 Mar 2019 | 9:54 PM IST

Naresh Goyal seeks Rs 750 crore from Etihad to keep Jet Airways flying

Etihad board discusses bank-led resolution plan for Jet Airways

Naresh Goyal seeks Rs 750 crore from Etihad to keep Jet Airways flying
Updated On : 12 Mar 2019 | 2:34 AM IST

The rise, the fight and the fall of Jet Airways

If the fight had been handled differently, the fall need not have happened

The rise, the fight and the fall of Jet Airways
Updated On : 11 Mar 2019 | 9:30 PM IST

Jet shares rise on report that airline has secured $293-mn loan from PNB

The airline has raised foreign currency term loans worth Rs 11 billion and a non-fund based credit facility of Rs 9.50 billion from PNB, according to copies of loan documents reviewed by Indian daily

Jet shares rise on report that airline has secured $293-mn loan from PNB
Updated On : 11 Mar 2019 | 11:09 AM IST
Updated On : 10 Mar 2019 | 3:00 AM IST

Jet planes to be redeployed if restructuring fails this month: Lessor

The grounding of nearly one-quarter of the Jet Airways' fleet has led to the cancellation of hundreds of flights

Jet planes to be redeployed if restructuring fails this month: Lessor
Updated On : 09 Mar 2019 | 1:53 AM IST

Jet Airways has 70 aircraft operational, could ground more planes

The airline has been told to ensure that passengers do not suffer because of flight cancellations, says official of Directorate General of Civil Aviation.

Jet Airways has 70 aircraft operational, could ground more planes
Updated On : 07 Mar 2019 | 4:59 PM IST

Jet Airways grounds 2 more planes, 20% of its fleet now out of operations

With the grounding of two more planes, almost 20 per cent of aircraft in the airlines fleet are now out of operations

Jet Airways grounds 2 more planes, 20% of its fleet now out of operations
Updated On : 04 Mar 2019 | 10:04 AM IST

Air India, Vistara not to carry grounded Jet Airways passengers

In return, the airline reimburses the amount to other carriers on a fortnightly basis at a pre-agreed rate

Air India, Vistara not to carry grounded Jet Airways passengers
Updated On : 02 Mar 2019 | 1:51 AM IST

Debt-laden Jet Airways removes two more planes, 21 on ground so far

Aircraft lessors have been supportive of the company's efforts in this regard, it said.

Debt-laden Jet Airways removes two more planes, 21 on ground so far
Updated On : 02 Mar 2019 | 1:46 AM IST

Jet Airways slides deeper into distress, now left with only 83 aircraft

AerCap issues termination notice for 2 Boeing 737s, GECAS stops Boeing 737 Max delivery

Jet Airways slides deeper into distress, now left with only 83 aircraft
Updated On : 01 Mar 2019 | 3:24 AM IST

Banks ask Naresh Goyal, Etihad to contribute to Jet Airways bailout

Goyal agrees to step down from the board, cut his stake to 22%

Banks ask Naresh Goyal, Etihad to contribute to Jet Airways bailout
Updated On : 01 Mar 2019 | 1:02 AM IST

Jet Airways grounds more planes, flights cancelled, pilots call off strike

Jet Airways has in the last two months trimmed its fleet by 28 planes and will ground about a dozen more aircraft in March mainly due to non-payment of rentals and lack of spare parts.

Jet Airways grounds more planes, flights cancelled, pilots call off strike
Updated On : 28 Feb 2019 | 8:45 AM IST

Jet Airways grounds 7 more planes due to non-payment of lease rentals

So far this month, as many as 13 planes of the company have been grounded on account of non-payment of rentals to lessors

Jet Airways grounds 7 more planes due to non-payment of lease rentals
Updated On : 27 Feb 2019 | 8:40 PM IST

SBI calls emergency meeting on Jet Airways to thrash out contentious issues

It is believed that Goyal, as well as Etihad group Chief Executive Officer Tony Douglas, has been invited for the meeting

SBI calls emergency meeting on Jet Airways to thrash out contentious issues
Updated On : 27 Feb 2019 | 1:07 AM IST

Etihad control won't hit Jet Airways' ties with its European, US partners

It has 5 daily wide-body aircraft to Amsterdam and Paris from India, and a daily service between Amsterdam and Toronto

Etihad control won't hit Jet Airways' ties with its European, US partners
Updated On : 26 Feb 2019 | 10:41 PM IST

Jet crisis: SBI calls lenders' meet with chairman Goyal, Etihad's Douglas

SBI is the lead lender of a consortium that has extended loans to Jet Airways

Jet crisis: SBI calls lenders' meet with chairman Goyal, Etihad's Douglas
Updated On : 26 Feb 2019 | 6:56 PM IST

No decision taken on referring debt-ridden Jet Airways to NCLT, says SBI

Reports earlier said SBI was mulling moving the NCLT to recover its loans from Jet Airways

No decision taken on referring debt-ridden Jet Airways to NCLT, says SBI
Updated On : 26 Feb 2019 | 1:16 AM IST

Jet will re-emerge as a robust airline: Goyal, Etihad CEO in joint message

An airline source pointed out there is anxiousness among employees and stakeholders are awaiting an outcome

Jet will re-emerge as a robust airline: Goyal, Etihad CEO in joint message
Updated On : 26 Feb 2019 | 12:37 AM IST

Pilots warn Jet Airways of protests from March 1 over delay in salaries

Faced with a funds crunch, Jet has delayed salary and vendor payments in the last few months

Pilots warn Jet Airways of protests from March 1 over delay in salaries
Updated On : 25 Feb 2019 | 8:09 AM IST