Business Standard

Page 38 - Jet Airways

We are meeting payment obligations to lenders and other dues: Jet Airways

Jet says it was working on cost and revenue initiatives to cushion the sharp rise in fuel costs and the depreciation in the Indian rupee

We are meeting payment obligations to lenders and other dues: Jet Airways
Updated On : 11 Aug 2018 | 10:28 PM IST

Jet Airways under lens over results deferment; Sebi looking into the matter

The beleaguered airline is seeking $150 million in debt from UAE-based carrier Etihad, which owns a 24% stake in Jet, to tide over its financial crisis

Jet Airways under lens over results deferment; Sebi looking into the matter
Updated On : 11 Aug 2018 | 2:52 AM IST

Q1 result announcement date yet to be decided: Jet Airways to Sebi

On Thursday, in a late evening statement, the airline had said it was deferring the announcement of its June quarter results

Q1 result announcement date yet to be decided: Jet Airways to Sebi
Updated On : 10 Aug 2018 | 11:42 PM IST

Civil Aviation Ministry watching developments at Jet Airways: R N Choubey

Shares of the full service carrier slumped over 12 per cent since July 2 and in intra-day trading on Friday, it touched a 52-week low

Civil Aviation Ministry watching developments at Jet Airways: R N Choubey
Updated On : 10 Aug 2018 | 9:01 PM IST

Jet Airways stocks hit 3-yr low, prompts urgent recapitalisation calls

Jet Airways needs to repay about Rs 30 billion ($436 million) of loans and bonds over the next three years with a third of it due by the end of next year, Reuters data shows

Jet Airways stocks hit 3-yr low, prompts urgent recapitalisation calls
Updated On : 10 Aug 2018 | 7:58 PM IST

With 8.5% decline, Jet Airways shares plunge for sixth straight session

The stock has fallen by nearly 67 per cent so far this year

With 8.5% decline, Jet Airways shares plunge for sixth straight session
Updated On : 10 Aug 2018 | 7:25 PM IST

'Guilty and embarrassed': Jet Airways boss sorry for share price erosion

Naresh Goyal said Rs 6.36 bn loss in last fiscal was due to an increase in cost beyond the control of the company

'Guilty and embarrassed': Jet Airways boss sorry for share price erosion
Updated On : 10 Aug 2018 | 1:43 PM IST

Surging fuel prices & India's budget flight boom clip Jet Airways' wings

Shares of the carrier, part-owned by Etihad Airways PJSC, plunged as much as 15 per cent Friday in Mumbai after the company postponed announcing its first-quarter earnings

Surging fuel prices & India's budget flight boom clip Jet Airways' wings
Updated On : 10 Aug 2018 | 11:48 AM IST

Jet Airways board defers Q1 results as audit committee refuses approval

Audit Committee did not recommend the said financial results to the board for its approval

Jet Airways board defers Q1 results as audit committee refuses approval
Updated On : 10 Aug 2018 | 8:45 AM IST

Feeling embarrassed about investors losing money: Jet Airways' Naresh Goyal

Stock of Jet Airways has slumped over 12% since July 2 and in intra-day trading on Thursday, it touched a 52-week low of Rs 286.95 apiece

Feeling embarrassed about investors losing money: Jet Airways' Naresh Goyal
Updated On : 09 Aug 2018 | 6:23 PM IST

After meeting employees, Jet Airways withdraws 25% salary cut proposal

As part of cost-cutting measures, the Naresh Goyal-promoted full service carrier had asked its employees, including pilots and engineers, to take steep pay cuts

After meeting employees, Jet Airways withdraws 25% salary cut proposal
Updated On : 06 Aug 2018 | 10:55 PM IST

Jet Airways to lease seven ATR-72 planes to TruJet to cut down on costs

TruJet operates 32 daily flights and plans to increase it to 48 over the next few months. It also plans to add bases in Guwahati and Ahmedabad

Jet Airways to lease seven ATR-72 planes to TruJet to cut down on costs
Updated On : 07 Aug 2018 | 5:35 AM IST

That sinking feeling

Jet Airways' never-ending financial troubles are spooking the industry as the wider implications sink in

Image
Updated On : 06 Aug 2018 | 9:38 PM IST

DGCA suspends licence of 2 Jet Airways pilots for Riyadh runway excursion

An official of the aviation regulator DGCA had said that the pilots aborted the take off after they were informed about a 'barrier' on the runway

DGCA suspends licence of 2 Jet Airways pilots for Riyadh runway excursion
Updated On : 06 Aug 2018 | 2:21 PM IST

Jet Airways says plans for expanding the network remain on track

The airline reached out to its frequent flyers assuring them of continuity of operations

Jet Airways says plans for expanding the network remain on track
Updated On : 04 Aug 2018 | 10:59 PM IST

Pay cut: Will help Jet Airways overcome challenges, says pilots union

As part of cost reduction efforts, the full service carrier has asked its employees, including pilots, to take steep pay cuts, sources had said

Pay cut: Will help Jet Airways overcome challenges, says pilots union
Updated On : 04 Aug 2018 | 1:11 PM IST

Financial turbulence: At Jet Airways, history repeats itself 5 years later

Airline has run into financial turbulence and is losing Rs 50-100 million every day

Financial turbulence: At Jet Airways, history repeats itself 5 years later
Updated On : 04 Aug 2018 | 2:16 AM IST

Turbulence ahead? Jet allays fears, but pilots protest salary cut proposal

Sources said the full service carrier has also told the employees that the compulsory one-year notice period for captains would be done away with

Turbulence ahead? Jet allays fears, but pilots protest salary cut proposal
Updated On : 03 Aug 2018 | 9:39 PM IST

Jet Airways trashes cash shortage reports, says airline to continue flying

The airline said it was "confident about its operations" continuing beyond 60 days

Jet Airways trashes cash shortage reports, says airline to continue flying
Updated On : 03 Aug 2018 | 8:34 PM IST

Jet Airways nears 52-week low; stock skids 9%

The stock dipped 9% to Rs 302 on the BSE in intra-day deal, trading close to its 52-week low of Rs 297 touched on July 19, 2018.

Jet Airways nears 52-week low; stock skids 9%
Updated On : 03 Aug 2018 | 1:42 PM IST