Business Standard

Page 27 - Jet Airways

Etihad conditions may delay debt-laden Jet Airways resolution plan

On February 21, the airline's shareholders approved five enabling resolutions to convert its debt into equity

Etihad conditions may delay debt-laden Jet Airways resolution plan
Updated On : 25 Feb 2019 | 7:54 AM IST

SBI considers moving NCLT for insolvency proceedings against Jet Airways

A consortium of banks, led by the SBI, has extended loans to Jet Airways, which is looking to rejig debt and raise funds

SBI considers moving NCLT for insolvency proceedings against Jet Airways
Updated On : 24 Feb 2019 | 10:42 PM IST

Shareholders of Jet Airways approve debt-for-equity swap

The plan will mean the lenders will have a bigger holding than any other shareholder.

Shareholders of Jet Airways approve debt-for-equity swap
Updated On : 23 Feb 2019 | 2:44 PM IST

Banks' consortium considering Rs 500 cr interim funding to Jet Airways: PNB

PNB is part of the lenders' consortium, which is led by State Bank of India (SBI), that has given loans to Jet Airways.

Banks' consortium considering Rs 500 cr interim funding to Jet Airways: PNB
Updated On : 23 Feb 2019 | 12:38 AM IST

Jet Airways shareholders give consent to debt-equity conversion

Jet Airways is facing a cash crunch, leading to delayed salary disbursements and vendor payments

Jet Airways shareholders give consent to debt-equity conversion
Updated On : 23 Feb 2019 | 12:36 AM IST

Some shareholders question Jet revival plan, criticise lack of transparency

The airline has a debt of around Rs 7,600 crore, which includes Rs 1,700 crore of aircraft loan

Some shareholders question Jet revival plan, criticise lack of transparency
Updated On : 22 Feb 2019 | 1:51 AM IST

Another Kingfisher? Lessors doubt Jet rescue plan, pull out more planes

Nine of Jet's planes have been grounded by lessors, versus the four it reported last month, with AerCap Holdings NV and BOC Aviation Ltd among those who have pulled out planes

Another Kingfisher? Lessors doubt Jet rescue plan, pull out more planes
Updated On : 21 Feb 2019 | 9:04 PM IST

Jet holds shareholders' meeting, conversion of loans into shares discussed

The cash-strapped full-service airline is looking for funds and restructuring of debt

Jet holds shareholders' meeting, conversion of loans into shares discussed
Updated On : 21 Feb 2019 | 6:52 PM IST

Here's a timeline of Jet Airways debt troubles as it edges closer to safety

The airline has also seen its share price suffer as it navigated through several negotiations with its lenders and shareholders

Here's a timeline of Jet Airways debt troubles as it edges closer to safety
Updated On : 21 Feb 2019 | 11:45 AM IST

Jet Airways bailout: Why the airline's second take-off may be doomed

On paper, the plan looks like it may work. Yet Jet shares, which have dropped 70 per cent over the past year, haven't reacted

Jet Airways bailout: Why the airline's second take-off may be doomed
Updated On : 21 Feb 2019 | 8:44 AM IST

Soft on promoters, still

Jet bailout should not allow equity holders too much leeway

Soft on promoters, still
Updated On : 20 Feb 2019 | 12:42 AM IST

Explainer: Why Jet Airways is selling a majority stake for Re 1

Jet Airways has defaulted on loans that were due by December 31 and has delayed payments to staff and lessors

Explainer: Why Jet Airways is selling a majority stake for Re 1
Updated On : 19 Feb 2019 | 8:25 AM IST

Pricing uptick, fund infusion to keep Jet Airways flying for six months

According to Jet Airways, the macro situation is turning in its favour both on the cost and yield fronts

Pricing uptick, fund infusion to keep Jet Airways flying for six months
Updated On : 18 Feb 2019 | 12:45 AM IST

Lenders take big risk in converting part of Jet Airways' debt into equity

Banks did not make money in previous debt-to-equity conversions

Lenders take big risk in converting part of Jet Airways' debt into equity
Updated On : 16 Feb 2019 | 2:08 AM IST

Jet Airways plans to raise about Rs 2,500 crore through rights issue

Government-owned infrastructure fund National Infrastructure Investment Fund is likely to buy a 19% stake for Rs 1,500 crore

Jet Airways plans to raise about Rs 2,500 crore through rights issue
Updated On : 16 Feb 2019 | 1:58 AM IST

Lenders in pilot's seat at Jet Airways; Goyal's stake may reduce to 22%

Etihad Airways is likely to retain its 24% shareholding

Lenders in pilot's seat at Jet Airways; Goyal's stake may reduce to 22%
Updated On : 15 Feb 2019 | 1:53 AM IST

Jet Q3 net loss at Rs 587.77 cr; board approves debt resolution plan

Jet Airways board approves draft resolution plan primarily comprising infusion of funds, restructuring of debts and monetisation of assets

Jet Q3 net loss at Rs 587.77 cr; board approves debt resolution plan
Updated On : 14 Feb 2019 | 5:58 PM IST

Jet Airways to get Rs 600-cr emergency loan amid bailout talks: Report

Jet Airways has piled on debt as low-cost carriers lured fliers away with their cheaper, on-time, no-frills flights

Jet Airways to get Rs 600-cr emergency loan amid bailout talks: Report
Updated On : 14 Feb 2019 | 4:55 PM IST

Jet Airways deal likely to be finalised by March; tweaks still being made

The Jet restructuring would mean three board seats going to Etihad as it may turn out to be the largest shareholder

Jet Airways deal likely to be finalised by March; tweaks still being made
Updated On : 14 Feb 2019 | 2:11 AM IST

Sebi cloud on Etihad open offer waiver for Jet Airways shareholders

Sebi stance comes at a time when the stakeholders concerned along with the lenders have informally sought the regulator's views on the possibility of a waiver

Sebi cloud on Etihad open offer waiver for Jet Airways shareholders
Updated On : 12 Feb 2019 | 12:54 AM IST