Naresh Goyal has option to raise stake; expect buyer for Jet by May 31, says SBI chief
Consortium of lenders led by the SBI has agreed to put in Rs 1,500 crore immediate funding by acquiring 51 per cent stake in the company.
Naresh Goyal quits, Jet's fate now up in the air
After delaying the inevitable for as long as he could, Jet Airways founder and main promoter...
Naresh Goyal quits: First act of gripping drama ends, Jet's fate now up in the air
Goyal reportedly resigned from the board of the airline he...
Jet Airways frequent flyer miles still valid, can be used for flights, hotels, fuel
Jet Privilege runs a frequent flyer programme which provides JPMiles on booking Jet Airways flights to its frequent flyers.
Jet Turbulence: IndiGo poaches over 100 pilots
Hiring Boeing pilots & training them would be less expensive for IndiGo than appointing expatriate pilots.
Jet shares surge 10% as high-risk investors put up tactical bets on revival prospects
Analysts say the stock has caught the attention of high-risk investors.
India said to tap indebted Jet’s rivals to take over planes
Modi is keen to avoid the collapse of an airline that employs about 23,000 people, weeks before elections.
Jet Airways waits for a buyer as rivals muscle in on territory
Jet Airways started flying in the early-1990s after Indian liberalized its economy.
SBI asks Goyal, 3 others to step down from Jet board
Jet is down to operating 150 flights a day from 450 at full capacity, and more groundings are coming.
Jet Airways pilots look to board SpiceJet as IndiGo captains seek to abort their entry
Jet pilots were earlier wooed by IndiGo with compensation for their pending salaries and other benefits.
Jet Airways is on 'verge of collapse', says pilots' union
In a letter to PM Modi, the pilots' grouping said that the airline is on the verge of collapse and it would leave thousands of people unemployed.
Leaving on a Jet plane...Nah!
The crisis in the cash-strapped Jet Airways deepened on Tuesday with an umbrella body of its domestic pilots threatening to stop flying from April 1 if their salaries are not paid by the end of this month.
Government wants to explore all options to keep Jet afloat
Govt has indicated to the banks that it favours Indian player holding a majority stake in the troubled airline.
Jet Airways: Banks may infuse funds provided major shareholders pledge shares
Banks are ready to provide loans if major stakeholders agree to pledge their shares as security, sources said.
Jet Airways pilots threaten strike from April 1
Jet Pilots have threatened to stop flying from April 1 if their pending salaries are not cleared by March-end.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service