Ending months of uncertainty, Etihad agrees to raise Jet stake
The development spells relief for Jet’s lenders, who have been struggling to save the sinking carrier.
Jet Airways RP invites expressions of interest by August 3
Ashish Chhawchharia has set a deadline of Aug 3 for receipt of EoIs, Aug 6 as the ...
Jet Airways’ resolution professional receives claims worth Rs 25,000 crore
Employees of Jet Airways, including 'authorised representatives,' ...
Lenders plan to call bids for Jet Airways' asset sale by Saturday
The company is no more a going concern and had for many years run into negative networth.
Sebi unlikely to give Etihad an exemption
SBI chairman Rajnish Kumar met Sebi chairman Ajay Tyagi on Wednesday to discuss the issue.
With a formal offer to SBI, Etihad seeks to fly out of Jet
Abu Dhabi-based Etihad airways asks State Bank of India to buy out its stake, leaves Jet in critical condition.
Etihad wants to exit Jet for Rs 400 crore at a discount
By seeking Rs 150/share for an exit, Etihad is valuing Jet at around Rs 1800 crore.
Won't invest further in Jet Airways, Etihad tells SBI
Gulf carrier will also not be a part of fundraising deal drawn up by lenders, may eventually exit Jet Airways.
Etihad flexes muscle, says it will exit Jet if resolution plan not reworked
The move by Etihad may leave the lenders of Jet with no choice but to invoke insolvency and take it to the NCLT.
Etihad says it can only invest Rs 1,700 crore in Jet Airways
The conditions put out by Etihad leave little scope for Jet Airways to pin their hopes on the Gulf carrier as its saviour.
With Jet in NCLT hangar, assets on Tata radar
Tata Group will focus on assets it can use to scale up & tap the gap created by the exit of Jet.
Etihad asks SBI to buy its 24 per cent stake in Jet Airways
Etihad has offered its stake in Jet to SBI at Rs 150 per share or approx Rs 400 crore.
Etihad, lenders mull emergency funds to fuel Jet
The amount under consideration is around $35 million which would last the next few weeks.
Jet Airways grounded, international fares take to the sky
Fares on Mumbai-New York route jumped up to 157% between March and June.
Etihad infuses Rs 252 crore in Jet Airways
Etihad owns 50.1 per cent of Jet Privilege, while the rest is held by Jet.
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