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JET AIRWAYS BAILOUT
SC sends back SpiceJet plea to Delhi HC over₹144 cr depositThe Supreme Court has directed the Delhi High Court to review SpiceJet's request. SpiceJet sought to submit property deeds instead of depos...- SC rejects SpiceJet's plea in Rs 144 cr case with Kalanithi Maran & Kal Airways, asks it to move Delhi HCThe Supreme Court of India on Tuesday asked SpiceJet to approach the Delhi High Court for more time to deposit Rs 144 crore in its dispute ...
- Why are JetBlue and Frontier share prices up today? JetBlue and Frontier shares rise after Spirit shutdown creates growth opportunityWhy are JetBlue and Frontier share prices up today? Shares of JetBlue Airways and Frontier Airlines increased in premarket trading after Sp...
- Frontier Airlines offers flight tickets discounts, stocks soar after Spirit Airlines announced shutting downFrontier Airlines announced systemwide discounts and plans to add summer routes.
- US stock today | Spirit Airlines prepares to cease operations after bailout plan falls apart: ReportSpirit Airlines is reportedly nearing operational shutdown after failing to secure a bailout plan involving bondholders and the U.S. govern...
- 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...
- 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...
- Centre offers to bail out airlines with Rs 4,000-crore loanIndia plans a ₹4,000 crore emergency credit scheme for airlines, offering sovereign guarantees of up to ₹1,000 crore per carrier to ease st...
- Naresh Goyal writes to staff: It's not the end of journey, but start of a brand new chapterIn an emotionally-charged letter to the 22,000-strong employees, Goyal also said the approval of the debt-recast plan will put the carrier ...
- 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...
- Lenders trying to revive Jet Airways by management change: SourceA source said banks are trying to work out a revival plan for Jet Airways through a change in management.
- Etihad may infuse Rs 1,600-1,900 crore in Jet Airways: SourcesUnder the proposed deal, Goyal would step down as chairman and director of Jet Airways but can nominate two persons to the airline's board.
- Naresh Goyal seeks Rs 750 crore lifeline from Etihad, warns delay may ground Jet AirwaysIt can be noted that Etihad board is meeting in Abu Dhabi Monday to discuss the resolution plan for Jet in which it owns 24 percent stake s...
- Debt recast plan includes board composition: Jet AirwaysGoyal, who founded the airline 25 years ago, has agreed to step down as the lenders gear up to acquire majority stake in the airline under ...
- Jet Airways founder Naresh Goyal agrees to step down as chairman: SourceSaddled with debt, Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.
- Beleaguered Jet Airways may get a Rs 600 crore emergency loanBanks, led by SBI, plan to provide the funds against shares pledged by Jet Airway's founder and Chairman Naresh Goyal and partner Etihad Ai...
- Naresh Goyal to go? Jet Airways has accepted Etihad's bailout plan, claims reportJet Airways and Etihad were not immediately available for comment.
- No bail-out for Jet Airways, management needs to run airline smoothly: Suresh PrabhuJet Airways has been grappling with financial woes that has also resulted in the full-service carrier delaying payment of salaries to staff...
- Despite strike call, pvt airlines continue bookings for Aug 18Despite strike call, the agitating private airlines have kept bookings open for customers who want to fly on August 18. Video: IndiGo not t...
- Patel seeks rationalisation of ATF pricesCivil Aviation Minister Praful Patel demanded rationalisation of air turbine fuel (ATF) prices to save the aviation sector but ruled out an...
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