The National Aviator's Guild has threatened to initiate legal action unless the Jan-March salaries of the pilots are cleared by April 14.
10 Apr 2019 9:02 AM
Naresh Goyal-led Jet Airways is facing the worst financial crisis of its 25-year existence with more than one billion dollars of debt.
30 Mar 2019 8:38 AM
Goyal still holding a 25.5 pc share in Jet, which gives him the legal right to block key decisions including raising capital.
29 Mar 2019 3:11 PM
On the traded volume front, 54.11 lakh shares were traded on the BSE and over 6 crore shares on the NSE during the day.
26 Mar 2019 5:08 PM
Banks have moved in to take a majority stake in the airline after Jet failed to convince potential investors.
26 Mar 2019 11:38 AM
Shares of Jet Airways rose as much as 8.6 per cent to 275.90 rupees, highest since Feb 1.
26 Mar 2019 10:40 AM
According to reports, SpiceJet is planning to lease Jet Airways' grounded planes from their lessors.
26 Mar 2019 10:20 AM
'Why do the Banks not take my money. It will help them to save Jet Airways if nothing else,' the liquor baron tweeted.
26 Mar 2019 9:23 AM
Kevin Knight, nominee director of Etihad Airways, which owns 24 stake in Jet Airways, would also step down from the board.
26 Mar 2019 1:46 AM
Along with Goyal his spouse Anita Goyal also stepped down from the board
25 Mar 2019 3:37 PM
The formal announcement on the Goyals exit is anticipated later today.
25 Mar 2019 10:36 AM
Jet Airways has also suspended services on the Bangalore-Singapore route, where it flies twice daily, till April 30.
23 Mar 2019 8:32 AM
government has asked state-run banks, led by SBI, to rescue Jet without pushing it into bankruptcy.
22 Mar 2019 9:44 AM
Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
18 Mar 2019 11:23 AM
Goyal said the airline has also secured the go-ahead from the aviation ministry to pledge its shares for securing the interim funding.
11 Mar 2019 6:25 PM
Jet Airways has been grappling with financial woes and is looking to rejig debt as well as raise funds.
02 Mar 2019 12:19 PM
Shares of Jet rose as much as 7 per cent in early trade on Friday.
01 Mar 2019 1:27 PM
Jet Airways has been grappling with financial woes and is looking to rejig debt as well as raise funds.
25 Feb 2019 7:44 PM
Jet’s board last week approved a plan by lenders, led by State Bank of India, for an equity infusion, debt restructuring and the sale.
23 Feb 2019 4:02 PM
Abu Dhabi-based Etihad, is a strategic partner and is expected to pump in around Rs 1,400 crore.
17 Feb 2019 5:07 PM