Jet Airways | The Asian Age

Friday, Apr 19, 2024 | Last Update : 08:16 PM IST

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During the day, Jet Airways shares dropped 28.18 per cent to hit an all-time low of Rs 29.05.

Jet Airways shares dwindle further; tank 18.5 per cent

The scrip tanked 18.17 per cent to close at Rs 33.10 on the BSE.

19 Jun 2019 6:48 PM

Jet Airways has landed in bankruptcy proceedings at NCLT and it’s highly unlikely it will fly anytime soon. (Photo: Representational/PTI)

Lessons as Jet crashlands

The key lesson to be learnt in the unravelling of the Jet story is that there's no such thing as a free ride at the cost of public funds.

19 Jun 2019 1:13 AM

Jet Airways is weighed down by a loan of more than Rs 8,000 crore. (Photo: File | Twitter @jetairways)

Jet stock plummets 53 pc, over Rs 400 cr investor wealth drained

Insolvency proceedings against Jet Airways likely to begin this week.

18 Jun 2019 3:53 PM

lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received.

Investors continue to dump Jet Airways shares; further tank 15 per cent

Harried bankers on Monday decided against an outright sale of Jet Airways to the lone bidder.

18 Jun 2019 12:47 PM

Lenders have decided to seek resolution under IBC since only a conditional bid was received.

Lenders seek Jet Airways bankruptcy in last-ditch sale effort

Jet and its lenders have been searching for new investors but have failed to agree a proposal.

18 Jun 2019 8:46 AM

Etihad and the Hinduja Group demanded over 85% haircut on Jet’s debt.

Jet Air lands in NCLT as banks give up on revival

The decision was taken after a meeting of the lenders, as they have not yet received any concrete proposal for the airline.

18 Jun 2019 6:39 AM

After due deliberations, the lenders have decided to seek resolution for Jet Airways under the bankruptcy code since only a conditional bid was received, SBI said in a statement. (Photo: AFP/File)

Banks give up on Jet Airways revival,choose to send it to NCLT

The decision was taken after a meeting of the State Bank of India-led consortium of lenders.

17 Jun 2019 6:34 PM

The cash-starved airline suspended operations in April.

Jet Airways shares continue to face massive selling pressure; tumble over 18 pc

At NSE, shares plunged 17.94 per cent to a multi-year low of Rs 67.

17 Jun 2019 12:36 PM

The government unsuccessfully sought a buyer for money-losing state-owned carrier Air India Ltd.

Civil aviation minister says confident airline capacity problems will be solved

The airline and its lenders have been searching for new investors, while employee unions have been calling for government intervention.

15 Jun 2019 9:53 AM

The cash-starved company suspended operations in April and lenders are working on ways for revival of the airline. (Photo: AFP/File)

Jet Airways shares continue downward trend; tank 15 per cent

The scrip tumbled 13.37 per cent to Rs 79.65 -- its multi-year low -- on the BSE.

14 Jun 2019 1:16 PM

The scrip plummeted 23.18 per cent to hit a multi-year low of Rs 84.80 on the BSE. (Photo: Twitter | @jetairways)

Jet Airways shares tank over 23 pc after bourses announce trading restrictions

Stock exchanges will impose restrictions on trading in Jet Airways shares from June 28.

13 Jun 2019 12:15 PM

This is the first case against an individual under the Anti-Hijacking Act, 2016 (amended) in the country. (Photo: Representational purpose)

Hijack hoax lands caller in jail for lifetime, heavily fined

Convict planned the entire episode and preparation of the threat note was captured on the CCTV camera.

11 Jun 2019 5:29 PM

According to a media report, Hinduja Group and Etihad Airways PJSC may not proceed with plans to resurrect Jet Airways. (Photo: AFP/File)

Jet Airways shares plunge nearly 15 per cent

The scrip tumbled 14.41 per cent to Rs 107.15 -- its 52- week low -- on the BSE Sensex.

11 Jun 2019 2:30 PM

SpiceJet's Ajay Singh said high taxes on ATF, certain infrastructure charges as well as high import duty on aircraft parts and services are among the factors which make the domestic aviation sector "uncompetitive". (Photo: File | ANI)

Jet failure a 'wake up call'; part of blame at doorstep of policymakers: Ajay Singh

SpiceJet plans to hire up to 2,000 staff of Jet Airways, including pilots and cabin crew. It has already taken 1,100.

04 Jun 2019 11:40 AM

Jet’s former partners, Virgin Atlantic and Delta Air Lines Inc, have been among the first to announce new Indian routes to replace ones previously flown by Jet.

Collapsed Jet Airways' ex-partners, rivals scramble to fill India capacity void

Other former Jet partners are in talks with carriers like IndiGo and SpiceJet about new codeshare relationships.

03 Jun 2019 10:05 AM

We will continue to take more Jet staff in the times to come, said SpiceJet CMD Ajay Singh. (Photo: File)

SpiceJet to hire up to 2,000 Jet Airways staff, says Ajay Singh

Currently, SpiceJet has around 14,000 staff and a fleet of 100 planes.

02 Jun 2019 3:20 PM

IndiGo plans to mount 30 per cent more capacity this fiscal and half of this capacity will be added on domestic routes and the rest 50 per cent on international routes, Dutta said during a call with analysts on Monday.

IndiGo posts 5-fold rise in Q4 profit on Jet turbulence

The company had reported a net profit of Rs 117.6 crore for the January-March quarter of 2017-18.

28 May 2019 1:54 AM

The airline had to shut down as it owes over Rs 7,000 crores to PSU banks and has created untold misery by not paying its staff salaries for months together.

Jet must face the music

It's clear anyone on a watchlist would have to take permission to go abroad under conditions that the executive or judiciary may impose.

27 May 2019 12:21 AM

The airport official did not confirm that the couple had been detained.

Jet Airways founder Naresh Goyal and wife stopped from leaving India: Airport official

Local media said the Goyals had been traveling to Dubai for a connecting flight to London.

26 May 2019 10:23 AM

Jet Airways founder and former chairman Naresh Goyal

Naresh Goyal prevented from leaving India

The Goyals had resigned from the board of Jet Airways in March following a debt restructuring plan.

26 May 2019 4:21 AM

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Mohan Guruswamy