Business Standard

Page 35 - Jet Airways

Tata Group in talks to buy majority stake in debt-laden Jet Airways: Report

Jet Airways said the report on Tata Group being in talks with the company for buying a stake is totally speculative

Tata Group in talks to buy majority stake in debt-laden Jet Airways: Report
Updated On : 18 Oct 2018 | 10:51 AM IST

Jet Airways offers up to 50 days of leave without pay to flight attendants

The airline has informed its flight attendants that they would be eligible for leave without pay between November 1 and December 20

Jet Airways offers up to 50 days of leave without pay to flight attendants
Updated On : 15 Oct 2018 | 10:38 PM IST

Jet Airways loyalty programme stake sale faces headwinds, challenges

Equity infusion hinges airline's financial health, control. Analysts say overhaul needed for survival

Jet Airways loyalty programme stake sale faces headwinds, challenges
Updated On : 10 Oct 2018 | 11:46 AM IST

Jet Airways delays Sept salaries of pilots, engineers, senior management

No date was specified for the disbursal of salaries for September

Jet Airways delays Sept salaries of pilots, engineers, senior management
Updated On : 09 Oct 2018 | 11:07 PM IST

Jet Airways clears August salary dues of senior employees, pilots

Notably, the airline management had on October 5 assured its domestic pilots body, NAG, of disbursing the remaining amount of August salary by Tuesday

Jet Airways clears August salary dues of senior employees, pilots
Updated On : 09 Oct 2018 | 9:00 PM IST

Jet Airways assures payment of August salary dues to its pilots by Oct 9

The August salary was to be paid in two instalments - half by September 11 and the other half by September 26

Jet Airways assures payment of August salary dues to its pilots by Oct 9
Updated On : 06 Oct 2018 | 12:35 AM IST

Jet Airways sells loyalty miles in advance to raise Rs 2.5 billion

Accrual and redemption of miles is a transaction between two companies

Jet Airways sells loyalty miles in advance to raise Rs 2.5 billion
Updated On : 05 Oct 2018 | 3:28 AM IST

Icra downgrades Jet Airways' Rs 70-bn debt third time in five months

Due to delay in implementing liquidity enhancement measures, rise in crude price, rupee depreciation, inability to pass on costs

Icra downgrades Jet Airways' Rs 70-bn debt third time in five months
Updated On : 05 Oct 2018 | 12:17 AM IST

Jet Airways receives Rs 2.58 bn from Jet Privilege for advance ticket sale

Jet Privilege, which has got millions of members, is majority owned by its equity partner Etihad Airways, which also owns 24 per cent in the carrier

Jet Airways receives Rs 2.58 bn from Jet Privilege for advance ticket sale
Updated On : 04 Oct 2018 | 10:48 PM IST

NAG pilots to meet Jet Airways' management to discuss salary payment issue

The meeting comes ahead of the payment of the balance amount of the second instalment of August salaries of the senior management, pilots and engineers on October 9

NAG pilots to meet Jet Airways' management to discuss salary payment issue
Updated On : 04 Oct 2018 | 9:15 PM IST

359 stocks down over 50% from their 52-week highs

Jet Airways, PNB, Infibeam Avenues, PC Jeweller, Manpasand Beverages, Kitex Garments, Vodafone Idea, BEML, Indiabulls Real Estate, Avanti Feeds and Aptech were down more than 60% from 52-week highs.

359 stocks down over 50% from their 52-week highs
Updated On : 04 Oct 2018 | 1:08 PM IST

Cash-strapped Jet Airways defaults on salaries again, more employees hit

Jet Airways is struggling to mop up funds to meet its payment obligations, including salaries to its over 16,000-strong workforce

Cash-strapped Jet Airways defaults on salaries again, more employees hit
Updated On : 03 Oct 2018 | 9:36 PM IST

Pay cuts to deferred financial results, brand Jet has flown into turbulence

In the midst of its worst crisis ever, can the 25-year-old airline steer out of the clouds?

Pay cuts to deferred financial results, brand Jet has flown into turbulence
Updated On : 03 Oct 2018 | 8:40 PM IST

Jet Airways defers 25% of August salaries for pilots, engineers to October

Pilots make up little more than 10 per cent of airline's 16,000 employee force but account for about half of its salary bill

Jet Airways defers 25% of August salaries for pilots, engineers to October
Updated On : 26 Sep 2018 | 9:24 PM IST

DGCA begins 3-day inspection of Jet Airways' training programme for crew

The Naresh Goyal-controlled private airline, which is facing cash drought and has defaulted on the salary payments to its staff also did not have training chief for more than a month

DGCA begins 3-day inspection of Jet Airways' training programme for crew
Updated On : 25 Sep 2018 | 1:57 PM IST

No more free food: India's 'cheap' airfares force airlines to change

Jet Airways' decision to make passengers pay for meals signals that full-service airlines will struggle in India in the near future

No more free food: India's 'cheap' airfares force airlines to change
Updated On : 25 Sep 2018 | 11:47 AM IST

Jet Airways mishap: Govt yet to revise norms, flyers stare at poor payout

Passengers can claim damages under The Carriage by Air Act on grounds of negligence

Jet Airways mishap: Govt yet to revise norms, flyers stare at poor payout
Updated On : 22 Sep 2018 | 8:33 AM IST

Unfair to blame crew before probe ends: Pilots' body on Jet Airways mishap

In a mid-air scare, a Jaipur-bound Jet Airways flight had lost cabin pressure after the crew 'forgot' to turn on a control switch

Unfair to blame crew before probe ends: Pilots' body on Jet Airways mishap
Updated On : 22 Sep 2018 | 8:30 AM IST

Complaint against Jet staff for dereliction of duties amounting to murder

As many as 30 out of 166 passengers suffered nose and ear bleeding due to the loss of cabin pressure in the flight

Complaint against Jet staff for dereliction of duties amounting to murder
Updated On : 21 Sep 2018 | 9:05 PM IST

I-T Dept finds 'evidence' of inflated expenditure by Jet Airways in survey

The Mumbai Directorate of Income-Tax investigation wing had conducted the survey at four business premises of Jet Airways in the two cities

I-T Dept finds 'evidence' of inflated expenditure by Jet Airways in survey
Updated On : 21 Sep 2018 | 1:02 PM IST