Page 31 - Jet Airways

Jet to return 8 Boeing 737 aircraft to lessors following cash crunch

Jet has 123 aircraft in its fleet that has ATR, Airbus and Boeing variant

Aviation regulator monitoring Jet Airways financial health, safety issues

During the monitoring, various aspects from the view point of safety are looked at. This includes assessing whether the airline is able to maintain its aircraft and schedule, an official said

Forensic audit of specific transactions progressing as per SBI: Jet Airways

SBI, the lead banker to the airlines' over Rs 80 billion loans, has mandated EY to conduct the forensic audit of its books

Jet Airways shares down over 4% on reports of Nikos Kardassis' exit

The Greek-American aviation veteran in his third comeback to Naresh Goyal-controlled Jet Airways in May was roped in to revive the fortunes of the full-service carrier

Jet Airways slips 4% as former CEO Nikos Kardassis leaves firm

Shares of Jet Airways fell as much as 4 per cent on BSE after news reports suggested Nikos Kardassis, the former CEO, has parted ways with it

SBI orders forensic audit of Jet's accounts from April 2014 to March 2018

Jet has come under regulatory scrutiny twice this year

SBI orders forensic audit of Jet Airways' books from April 2014: Sources

The airline has been struggling to keep afloat following three consecutive quarterly losses of over Rs 10 billion each

Jet Airways' survival may rest on founder Goyal leaving the cockpit

With 124 planes, Jet now flies to places like Hong Kong, Dubai, Paris and London, besides over 45 destinations in India

Jet Airways' Colombo-bound flight emergency returns to Mumbai Airport

While airport sources said the plane returned due to pressurisation failure, Jet Airways said the plane returned for "technical reasons which are under investigation"

Tata bye bye

Why the Tata group buying Jet would have been the best outcome for all

Jet Airways announces codeshare pact with Saudi budget carrier Flynas

Codesharing allows an airline to book its passengers on its partner carriers and provide seamless travel to destinations where it has no presence

Jet Airways extends fall as ICRA downgrades credit rating

The stock slipped 6% to Rs 258 on Monday, extending its previous week's 10% decline, after the rating agency ICRA on Friday downgraded cash-strapped airline's long-term ratings from 'B' to 'C'.

Icra downgrades crisis-hit Jet Airways' long-term ratings from 'B' to 'C'

Jet Airways in a regulatory filing also confirmed the rating downgrade by Icra

Jet Airways climbs 3% on reports Etihad will guarantee loans worth $150 mn

Shares of Jet Airways rose as much as 3.59 per cent in the early trade on BSE, after news reports suggested Etihad Airways of Abu Dhabi has offered to guarantee loans worth $150 million.

Cash-strapped Jet Airways seeks soft financing of $350 million from Etihad

The Middle-Eastern airline has, however, offered to finance as much as $200 million, the source said

Jet Airways told pilot union it will clear salary dues by April: Source

The airline has told the union it will pay a quarter of the salary for October on Thursday and 50 per cent during December

Jet Airways promoters close to deal with SBI-led consortium of lenders

The lenders have agreed in principle to convert part of their loans into equity under the proposed debt restructuring plan

Etihad in talks with debt-laden Jet Airways on rescue deal: Sources

Etihad, which owns 24% stake in Jet Airways, is also considering investing fresh funds in the airline if it can agree on the structure

Jet Airways offers up to 30% discount in year end sale: Know the details

We are confident that with attractive offers of up to 30 per cent this global sale will prove to be popular, said Raj Sivakumar

Jet Airways suspends flight services to NE, South India to trim losses

The airline has closed reservation for flights to Silchar, Imphal, Aizawl, Jorhat in northeastern states from mid-February