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HomeTagsJet Airways

All Stories: Jet Airways

Airline’s founder to remain in custody till Sept. 11

An Indian court on Saturday decided that Jet Airways founder Naresh Goyal will remain in India's financial crime agency's custody until Sept. 11, according...

Jet Airways resolution plan approved by creditors

Creditors to India’s Jet Airways have approved a resolution plan which will give country’s oldest private carrier a new lease of life

Jet Airways extends deadline for initial bids

India’s Jet Airways has extended the deadline for initial bids for the bankrupt airline to Aug. 10 from Aug. 3, a statement from the company said on Saturday

Jet Airways’ lenders approve interim finance plan for the carrier

Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs

India’s largest airline IndiGo’s shares slump

India’s largest airline IndiGo's shares slump

Bankruptcy court admits insolvency plea against Jet Airways

The insolvency process will allow lenders to sell the company as a whole or in parts, laying out a fixed timeline for a resolution around its future

Jet Airways’ lenders to take airline to bankruptcy court

Lenders to Jet Airways plan to begin insolvency proceedings against the debt-laden carrier, a consortium of the airline’s lenders said in a statement

Jet Airways stock plunges

Shares of Jet Airways sunk over 23% to a record low on Thursday after India’s largest stock exchange said the carrier would soon no longer be traded in the derivatives market,

Etihad submits bid for Jet Airways

Etihad, which already holds a minority stake in Jet, is interested in re-investing in the airline, subject to certain conditions

Boeing hives off 210 orders after Jet Airways halts operations

The US planemaker did not disclose the name of the airline involved but the move came days after India’s Jet Airways halted operations after lenders rejected a plea for emergency funds

Jet Airways will do everything to revive airline: CEO

Dube, however, said the government had assured the airlines this was a temporary move and the slots will be protected for the airline once they start flying again.

SpiceJet to give hiring preference to employees of Jet Airways

Air India on Thursday offered special fares to passengers stranded in international routes due to Jet’s grounding

Despair over jobs as Jet Airways grounded

The shutdown has deepened the crisis as dues to lessors, staff and suppliers pile up and lenders scramble to find a buyer for what was once India’s largest private airline

Grounded Jet Airways’ shares sink

Once India’s largest private airline, Jet halted all flight operations indefinitely on Wednesday evening after lenders led by the State Bank of India declined to extend more funds to keep the carrier going

India’s Jet Airways to suspend operations

India’s embattled Jet Airways Ltd is set to temporarily halt operations from Wednesday onward after its lenders rejected the airline’s plea for emergency funds

Lessors rush to repossess more Jet Airways planes

Once deregistered, lessors are free to reclaim a plane and lease it to another airline anywhere in the world

Jet Airways extends suspension of international flights

The airline, which has debt of more than $1.2 billion, has had to ground over two-thirds of its fleet over unpaid dues to leasing companies

Jet Airways’ employees stage protest

Jet has been in a tailspin for months. All but around half a dozen of its 119 aircraft are grounded and all international flights are suspended until Monday

Jet Airways lenders lay out bid terms for 75 percent stake

Prospective bidders of struggling Jet Airways need to settle the airline’s existing debt as part of any deal to buy a stake in the carrier

Jet Airways crisis deepens, lessors to de-register more planes over 10 days

India is keen to save Jet to prevent thousands of job losses, which could potentially dent sentiment days ahead a federal election in which Prime Minister Narendra Modi seeks to secure a second term
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