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Jet Airways asset monetisation plan further delayed as impasse growsWhile bidding for the assets were called for in August and around a dozen bidders had done the due diligence, the monitoring committee of J...- Jalan-Kalrock to transfer Rs 130 crore rental earnings to Jet Airways' lendersHowever, the Jalan-Kalrock Consortium, which has won the bid to acquire the company under the Insolvency and Bankruptcy Code (IBC), cannot ...
- Jet lenders threaten insolvency over aircraft rental proceedsThe Jalan-Kalrock consortium has sought time until next week for a decision, the same person said. The resolution plan approved by the Nati...
- Jet’s 2nd coming will depend on reclaiming slotsThe winning consortia, London-based Kalrock Capital and UAE businessman Murari Lal Jalan, are likely to initially put in Rs 400 crore and i...
- When fast food is good for healthNavratri meals should become regular inflight options as they are keto-compliant.
- Etihad Airways appoints Robin Kamark as CEO airline equity partnersKamark, who moves to Etihad from Norwegian financial services form Storebrand ASA, will replace Bruno Matheu who is leaving the airline for...
- James Hogan to step down as Etihad CEOHogan will join an investment company along with Etihad Aviation Group chief financial officer James Rigney, who will also leave the compan...
- Etihad offers up to 40% discounts on fares for all flights out of IndiaDiscounted fares will be available for travel until June 2017 and bookings can be made between today and September 4, 2016.
- Joining EU will boost Serbian economy: EnvoySerbia, one of the smaller European nations and the legal successor state of the once-formidable Yugoslavia, should be the next state to en...
- Jet Airways is our number one equity partner, says EtihadThe airline today also announced that they reported a 63% increase in full-year (2015) passenger traffic with partner Jet Airways to and fr...
- Jet Airways reduces Rs 503 crore debt in Q3Jet Airways, which posted record profits in October-December, reduced its total debt, by 4% (Rs 503 crore) quarter on quarter, its finance ...
- Jet Airways gets Rs 700-crore fresh funds from EtihadAllotment of 6,989 redeemable non-convertible debentures on private placement basis was approved by the airline's committee of directors.
- Etihad Airways raises debt to $700 millionEtihad Airways, which owns 24% in Jet Airways Friday said the airline and its equity partners have increased their debt raising to $700 mil...
- Etihad Airways raises debt worth $500 millionThe funds have been raised through a special purpose vehicle, EA Partners IBV.
- Etihad Airways elevates Neerja Bhatia as VP for India & SubcontinentEtihad Airways, which owns 24 per cent in Jet Airways, today elevated Neerja Bhatia as its vice-president for India and the Subcontinent.
- Etihad Airway's 33.3% investment in Darwin airline approvedSwiss authorities have approved UAE's national carrier Etihad airways' 33.3 per cent investment in the regional carrier Darwin airline.
- Etihad Airways Partners to bring together 6 carriers including Jet Airways, AirBerlin, othersHowever, any airline can become an Etihad Airways Partner even if it is part of existing alliance, such as AirBerlin, which is member of On...
- Etihad Airways posts 48 per cent increase in net profitThis marked the third successive year of net profitability for the UAE's national carrier in the tenth year of its operation.
- Etihad registered highest-ever passenger, cargo growth in 2013Nearly 12 mn people flew with Etihad Airways last year, marking an increase of nearly 16% in comparison to 2012's figure of 10.3 mn.
- Etihad Airways CEO James Hogan hints at more investments worldwideEtihad Airways hinted at investing in other airlines, as it seeks to increase its global presence through acquisitions & partnerships.
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