Jet Airways

No magic wand to ward off growing job crisis in India

Experts warn that the new government at the Centre could have social unrest and political chaos to  contend with if measures to contain continued job losses are not taken on an urgent basis

published on : 20th May 2019

Air India set to add two new flights to Dubai from June 1

Currently, Air India operates two flights to Dubai: a B787 plane from Delhi and an Airbus A320 aircraft from Mumbai.

published on : 18th May 2019

Value of pledged promoter share holdings drop

A case in point is Jet Airways India Ltd, where banks insisted promoter Naresh Goyal to pledge his shares with lenders when the latter couldn’t honour debt payments.

published on : 18th May 2019

Section of Jet Airways staff seeks financial details of company to raise USD 700 million

SBI Caps is the transaction advisor for the lenders of Jet Airways and managing the stake sale process for the debt-laden carrier.

published on : 18th May 2019

Clarity on Jet Airways expected in a week: SBI chief Rajnish Kumar

Asked if there are investors other than those who have submitted unsolicited offers, Kumar said that there are some but their seriousness will have to be checked.

published on : 18th May 2019

Government to allocate Jet Airways' international rights to other airlines

Already, 85 of Jet’s 119 aircraft have been de-registered; many of these have now been leased to other airlines such as SpiceJet. 

published on : 18th May 2019

Etihad nominee on Jet Airways board Robin Kamark quits

The Gulf-based Etihad, which acquired 24 per cent stake in the then Naresh Goyal-promoted carrier in 2013, had two nominee directors, Kevin Night and Robin Kamark, on the airline's board.

published on : 17th May 2019

Grounded Jet Airways shares plummet over 24 per cent in one month

Jet Airways witnessed top-level exodus earlier this week, with four senior executives, including chief executive Vinay Dube and his deputy Amit Agarwal, quitting the crisis-hit airline.

published on : 17th May 2019

Centre to come up with transparent SOP to allocate Jet's foreign flying rights to other airlines

The airfares have risen dramatically on many international routes since Jet Airways suspended its operations on April 17.

published on : 17th May 2019

Employees offer to lend a shoulder to Jet Airways

Over 1,000 staff formulates a plan to forego salaries, take loans, buy the carrier’s stocks.

published on : 17th May 2019

Will seriously consider any partnership proposal from Indian carriers: Qatar Airways

The airline said that the blockade on Qatar and withdrawal of 28 weekly flights between Doha and India has increased the pressure on available seat capacity.

published on : 16th May 2019

 Qatar Airways asks Indian authorities for additional flights to Doha citing airfare rise

With Jet Airways shutting down its operations on April 17, there has been sudden reduction in the number of flights connecting Indian cities with Qatar's capital Doha.

published on : 15th May 2019

NSE fines 250 companies, including Jet Airways, for non-compliance with listing regulations

The total penalty imposed on the non-compliant companies is little over Rs 8.84 crore, according to NSE data.

published on : 15th May 2019

Darwin Platform Group, SBI Caps discuss unsolicited bid for Jet Airways

Darwin Platform Group among others has offered Rs 14,000 crore to acquire the grounded airline, its CEO Rahul Ganpule said.

published on : 15th May 2019

Jet Airways shares continue to fall for 3rd day; tank nearly 7 per cent

After a weak opening, the scrip further tumbled 6.85 per cent to Rs 120.25 -- its 52-week low -- on the BSE.

published on : 15th May 2019
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