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JET AIRWAYS BUYER
Trump weighs Spirit Airlines takeover, eyes resale after oil price drop report saysPresident Donald Trump is exploring a government takeover of Spirit Airlines. The plan involves buying the struggling airline with taxpayer...- Jet Airways creditors set to recoup just 5% of monies owedThe new owners of Jet Airways -- Dubai-based businessman Murari Lal Jalan and Kalrock Capital Management Ltd. in London -- have proposed pa...
- Jet Airways shares hit upper circuit. Here's whyJet Airways stopped operations in April last year due to a cash crunch and piling debt.
- Jet Air creditors to ask court to extend liquidation deadlineOnce India’s largest carrier by passengers, Jet Airway’s fall into bankruptcy last year is reflective of the country’s troubled aviation in...
- Jet Airways lenders make presentation to Synergy GroupThe airline owes over Rs 8,500 crore, excluding interest, and other penal charges, to a clutch of lenders led by the State Bank.
- Ministry not to allocate Jet’s foreign slots permanentlyAlthough the airline has asked the government to allocate the grounded carrier's foreign-flying rights to them permanently, sources say no ...
- NCLT admits Jet Airways into bankruptcy processThe tribunal declared a moratorium on recovery of dues from Jet Airways.
- Jet’s 26th anniversary on May 5 saddest with no flights: Naresh GoyalThe airline’s taking to the skies again is now considered very difficult given its huge debt-cum-liabilities - payables to the tune of over...
- Jet Airways might lose foreign flying rights soonOthers may get Jet’s foreign flying rights soon if the grounded airline doesn’t find a new owner.
- Jet Airways waits for a buyer as rivals muscle in on territoryJet Airways started flying in the early-1990s after Indian liberalized its economy.
- Lenders to ask interested buyers to submit bids for Jet till Apr 9Suitors will have to start bidding for the troubled airline tomorrow. The window will close on April 9.
- Jet Airways revival plan may hit airpocketAccording to the plan, lenders will take over Jet and look for a new investor for the beleaguered airline.
- Jet Airways' new investor needs to bring Rs 4,500 crore capitalLenders have decided to invite expression of interest by April 9 and binding bids by April 30.
- Naresh Goyal, his wife Anita Goyal to exit Jet Airways todayThe current CEO Vinay Dube is expected to stay on and steer Jet out of the current crisis.
- Jet Airways cancels 25 flights on Monday as pilots 'report sick’ over salaryThe airline has, however, refuted it and said that the cancellations were not due to pilots not reporting to duty but due to a roster error.
- Jet Privilege introduces Hotel Stay Redemptions programmeEtihad owns 24% of Jet and 50.1% in Jet Privilege. Jet Airways is in talks with potential buyers to sell its stake in the business.
- MakeMyTrip brings back Jet Airways and Indigo onboardOnline travel services provider MakeMyTrip today said it has resumed sale of Jet Airways' and Indigo's tickets on its portal.
- Jet Airways sports Nokia ads to earn additional bucksThe Nokia Lumia branding with its Amazing Everyday campaign on Jet aircraft will last until the month end, after which it plans to do the s...
- Jet in talks with institutions to mop up Rs 900 croreJet Airways, the country’s largest private carrier, is likely to raise between Rs 700 crore and Rs 900 crore next month as part of its plan...
- Air Sahara for sale, yet againAfter parting ways with Jet Airways, the Sahara group has attempted to turn around the airline.
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