Mckinsey to draw up Jet’s turnaround planJet Airways has also roped in Boston Consulting Group to help it with revenue enhancement measures.
SFIO takes defaulter Vijay Mallya to courtThe Bengaluru city civil and sessions court has issued summons even as the hearing on India’s request to extradite Mallya is set to resume ...
Nimesh Kampani-backed JM Financial eyes aviation, defence sectors with Seabury tie-upBoth companies will seek to leverage their client relationships, as well as their regional and domestic expertise in a mutually beneficial ...
Jet Airways hires professional services firm Alvarez & Marsal to help it clock profitsIn December 2014, Jet Airways raised a $150 million (about .`950 crore) five-year syndicated loan from banks in Abu Dhabi, Dubai, Doha and ...
Aiming at cost-cutting, Jet Airways asks JetLite pilots to join its crewJet’s chief executive designate Cramer Ball has now called them to meet him on September 9, to discuss the issues.
Jet Airways brings back Santosh Chalke to lead staff relations unitJet is also following strict measures to cut costs by $100 million and may have to take some tough decisions on headcount.
Jet Airways aims to save Rs 611.5 crore with help from EtihadJet Airways aims to save $100 million (Rs 611.5 crore) by renegotiating contracts with its vendors and suppliers with help from its strateg...
Jet Airways promoter Naresh Goyal's moment of reckoningDespite Etihad's $600 mn, Jet Airways' decline continues. If Goyal has to raise capital, he may have to sell some of his 51% share to Etiha...
Jet Airways posts largest ever loss; unveils tough cost-cutting stepsStruggling under high expenses and adverse operating conditions, Jet Airways today posted its highest-ever annual loss of Rs 4,129 crore.
Etihad announces major expansion plans ahead of deal closure with Jet AirwaysEtihad Airways announced plans to expand operations between India & Abu Dhabi, ahead of the closure of its stake buy from Jet Airways.
US-based Seabury to advise Jet Airways on market strategy, maximising synergy with EtihadA close study of the market’s potential is crucial for both the airlines as this is the first strategic alliance between an Indian and a fo...
- Kingfisher to recast Rs 6k-cr debt by next month
Vijay Mallya-led Kingfisher Airlines is expected to finalise the restructuring of its Rs 6,000-crore debt in a month.
- GDF Suez takes over Britain's International Power
French utility giant GDF Suez will take over its British competitor International Power, the groups said on Tuesday, creating what they cal...
- World oil prices approach 82 dollars
Oil prices stretched towards 82 dollars per barrel on Tuesday, on the back of buoyant market sentiment, the weak dollar and hurricane conce...
- Kingfisher appoints SBI Caps to restructure debt
Vijay Mallya-owned Kingfisher Airlines has appointed SBI Capital Markets (SBI Caps) to restructure part of the airline’s debt, which is aro...
'Aircraft utilisation & revenues will go up on Oneworld alliance'Liquor baron Vijay Mallya’s ambitious airlines foray seems to have failed to repeat his all-conquering run. The Bangalore-based businessman...
- Kingfisher plans 1:1 rights issue to mop up Rs 400 cr
The Vijay Mallya-promoted Kingfisher Airlines is likely to come out with a rights issue offering shareholders one equity share for every on...