Page 32 - Jet Airways

DGCA approves flight schedule of crisis-hit Jet Airways for five months

The winter schedule for airlines is from last Sunday of October till last Saturday of March

Operational glitch caused cancellation of 15 flights, clarifies Jet Airways

Jet Airways spokesperson said, 'The Company continues to enjoy the complete support and cooperation of all its employees, including pilots and engineers'

Jet cancels 14 flights as pilots report 'sick' over non-payment of salaries

Jet Airways has been defaulting on salary disbursement to its senior management along with pilots and engineer since August

Beleaguered Jet Airways to end services on 7 Gulf routes from Dec: Report

Once a key market for Jet Airways, the lower demand and high competition have made a good number of routes in the Gulf economically unviable

Jet Airways may cede reins to Etihad, puts Tatas' proposal on back burner

Abu Dhabi-based airline may also bring in an Indian entity to invest in the troubled carrier

Robin Kamark replaces Harsh Mohan as Jet's nominee director of Etihad

Jet Airways is 24 per cent owned by Etihad Airways

Debt-laden Jet Airways fires 16, pay problems to persist till March

Some pilots and senior executives were paid only 75 per cent of their September salary, and are yet to be paid full salary for October

Jet Airways to pay remaining 25% of September salary to senior staff by Dec

Jet Airways has failed to stick to the staggered payment schedule

Jet Airways continues layoffs in small batches, fires 16 people to cut cost

Late last month, the airline had laid off 20 employees

Jet flyer overheard saying 'terrorist, destroy', told to deplane, arrested

Yogvedanta Poddar was forced to deboard and handed over to the Central Industrial Security Force

Turbulent journey of Jet Airways: A timeline of how the story unfolded

Saddled with a debt of about Rs 80.52 billion ($1.14 billion) as of Sept. 30, Jet is desperately searching for a deal that could help mitigate its severe liquidity crunch

Jet Airways suspends complimentary lounge services to JetPrivilege members

The move comes weeks after Travel Food Services discontinued the facility for Jet Airways passengers due to non-payment of dues

Ranjan Mathai resigns from Jet Airways board as independent director

The departure comes as the airline struggles to keep itself afloat, with rising debt levels and higher oil prices weighing on profits

Etihad in talks to increase stake in beleaguered carrier Jet Airways

Etihad can increase its stake in Jet by another 25 per cent to take it up to 49 per cent - the foreign direct investment cap for foreign airlines

Jet in talks with various investors for sustainable financing: CEO Dube

Tata Sons has confirmed its interest in acquiring the beleaguered airline but has said no concrete proposal has been made by the group so far

Plan to buy beleaguered Jet Airways flies into rough winds with Tata bosses

As things stand now, apart from a clean chit from the internal committee, the Tatas would need some more conditions to be fulfilled for the transaction with Jet to fructify

Jet may seek debt recast if it fails to get equity infusion and sell assets

The airline will also have to undergo a forensic audit for any debt recast to be cleared. Since February 12, virtually all loan recast has come to a halt

Tata Sons may seek a strict non-compete agreement with Jet Airways

This could prohibit Goyal from not only running an airline but also staying out of the travel business for five years

No bailout for Jet Airways, management needs to run smoothly, says Prabhu

Currently, the airline is facing financial troubles due to an increase in jet fuel prices, a weaker rupee, and low fares

Jet Airways pilots threaten not to do additional duties over salary delay

The Naresh Goyal-controlled carrier has been reporting losses since last three successive quarters and defaulting on salary payments to a section of its staff