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JET AIRWAYS DEBT
JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly lossJetBlue Airways is facing increased jet fuel costs. The airline plans to slow hiring, reduce capacity, and raise fares. This comes after re...- Spirit Airlines stock just shocked the market, jumped over 130% while airline stocks fall: is Spirit Aviation Holdings (FLYYQ) a real comeback or bailout-driven spike?Spirit Airlines stock just shocked the market. It jumped over 130% in one session. Shares of Spirit Aviation Holdings Inc. (FLYYQ) surged n...
- Global Markets | Australia Inc starts to feel Iran war fallout, raising stagflation riskAustralia's economy faces a stagflationary shock as the Middle East conflict drives up fuel prices. Top companies like Qantas and Westpac a...
- US Stocks: Delta scraps capacity growth plans as fuel price surge drives up costs, shares upDelta Air Lines on Wednesday forecast second-quarter profit below expectations and said it would pull all planned capacity growth from the ...
- Jet Airways CFO Amit Agarwal quitsIn a statement to the stock exchange, the debt-ridden carrier said that Amit Agarwal resigned with effect from May 13, 2019 due to personal...
- View: What Jet Airways' near-collapse says about IndiaThe airline is on the verge of shutting down operations as it doesn't have enough working capital.
- Lenders to Jet Airways working on revival, no final decision yet: PNB MDPNB is part of a consortium of 26 lenders, led by State Bank of India (SBI), which have exposure to Jet Airways' debt of over Rs 8,000 cror...
- Lenders discussing ways to revive Jet Airways; fund infusion likely soonAmid acute financial crunch crippling its operations, Jet Airways management is awaiting clarity on receiving fresh funds after which a dec...
- Public money being used to save Jet Airways: CongressThe Congress said this bailout of a private airline was being done "in a tearing hurry" by the same Modi government which was trying to pri...
- Jet Air’s averting a default alone won’t enthuse investorsThere is very little for investors as of now to turn upbeat on its future.
- ICRA downgrades Jet Airways' long-term bonds, NCDsICRA downgraded all of Jet’s long term loans and non-convertible debentures to a BB+ (negative) rating from a BBB- (negative) or investment...
- Jet Airways' debt may rise in short term: Amit AgarwalAs on March 31, 2018, the airline's gross debt stood at Rs 8,424 crore, of which Rs 2,054 crore was aircraft related.
- Etihad to up stake in Jet Airways via fund infusionNegotiations on valuations are currently on between the parties and the deal is expected to be closed by March 31, 2016, a source said.
- 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.
- Suzlon's former finance chief Amit Agarwal may be the next Jet Airways CFOAmit Agarwal will likely join Jet Airways in the last week of September, subject to his appointment being approved by the ministry of civil...
- Jet Airways to merge its weak-performing arm Jet LiteWhile balance sheets of the 2 entities will be merged, Jet Lite will operate under separate licence. The airline had bought with it a debt ...
- Jet Airways flies nearly 20% post Etihad deal, hits 52-week highReports of deal value of Rs 700 per share have been making rounds for some time. It is a positive development for the debt-ridden airline.
- Three reasons why Jet Airways India would benefit from 24% stake sale to Etihad AirwayAn expansion in emerging tier-II & III cities should help Jet Airways gain its lost market share to Indigo Airlines.
- GIC Real Estate to invest $100 million in Godrej Properties office projectGIC Real Estate, a part of Singapore government's sovereign fund GIC, is investing over $100 million in a Godrej Properties office project.
- High operating costs, mounting debt force investors to exit aviation sectorIn course of a yr, Jet Airways, Kingfisher Airlines, and SpiceJet - have shed over two-thirds of their respective mkt values.
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