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United Breweries Ltd (UBL), has persuaded liquor baron Vijay Mallya to step down from its board. (File Photo)

Vijay Mallya talks about 'airline karma' in message for cash-strapped...

Mallya, fighting his extradition to India on charges of fraud and money laundering amounting to an alleged Rs 9,000...

17 April 2019 12:51 PM IST

$Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)$ Business

Jet Airways faces imminent shutdown without emergency funds: sources

Bankers and an Indian govt official said lenders are trying to line up funds to keep aloft the once-dominant Indian...

17 April 2019 9:53 AM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Business

Lenders to Jet working on revival, no final decision yet: PNB MD

SBI Capital Markets is working on the revival package for Jet Airways.

17 April 2019 8:47 AM IST

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

Business

Jet Airways finds no solace, lenders undecided on funding

Sources said Jet Airways founder Naresh Goyal has decided not to bid for acquiring stake in the cash-strapped airline.

17 April 2019 2:39 AM IST

Separately, the civil aviation ministry would convene meetings of representatives of airlines and airports on April 18 to discuss capacity expansion, rising airfares and other issues. (Image: ANI)

India

Jet Airways operating 5 planes, seeks emergency funds from banks

The cash-strapped airline has already suspended its international operations till April 18.

16 April 2019 9:16 PM IST

$Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)$ Business