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JET AIRWAYS DEFAULT
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...
Etihad offers to sell its 24% stake in Jet Airways to SBI for Rs 400 crSources said Etihad is willing to exit the airline even at a discount.
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.
Jet Airways defaults on repayment of ECBsSpecific details about the borrowings were not disclosed.
Jet Airways drops 3% on airline's fresh proposal to lendersThe scrip has fallen 20 per cent in last one month and 70 per cent over the last 12 months.
Banks may seek quick refuelling after Jet defaultBankers are now expected to speed up discussions with Jet to repay and raise money to resolve the cash crunch.
Jet Airways defaults on loan repayments to banksThe full service carrier has been grappling with financial woes for quite some time now and has been making delayed salary payments to staf...
Jet plunges 5% as airline defaults on salaryThe cash-strapped airline on Wednesday sought over 10 more days from its employees to pay the balance 25 per cent of their salaries for Aug...
Jet Airways to take up turnaround plan in Monday board meetingThe airline said the two additional assessments had led it to seek additional time for its board meeting. It was earlier to be held on Aug ...
Jet Airways, rating agencies under scanner for lapses in loan status disclosureJet Airways, which is grappling with financial woes, had last week deferred announcement of its financial results for Q1.
Taxmen slap prosecution notice on Jet Airways for TDS defaultsThe notice was served to Mumbai-headquartered airline after tax men said they have detected "several irregularties" in the TDS payments.
Jet Airways executives to meet Icra following downgradeJet Airways executives are expected to meet the domestic rating agency Icra tomorrow following a downgrade of its debt rating after the air...
Jet Airways ratings downgraded to 'D' by ICRAJet’s debt which was Rs 10,576 crore in end March reduced to Rs 9,807 crore in end June, its vice president finance N Ravichandran said in ...
US aircraft lessor ILFC sends rental default notice to Jet AirwaysNaresh Goyal-promoted Jet Airways has been slapped with a default notice by one of its lessors, ILFC, for non-payment of rentals.
- SC notices to Jet Airways, Sahara on sellout dispute
Supreme Court today issued notices on cross appeals by Sahara India and Jet Airways challenging a Bombay High Court order directing the lat...
- HC tells Jet Airways to pay Rs 478 crore dues to Sahara India
The Bombay HC asked Jet Airways to pay Sahara India Rs 478 cr on account of default in its obligations toward the Rs 1,450 cr take over dea...
- Jet to file response in Mumbai HC to Sahara's claim on Monday
Private domestic airline Jet Airways would file its response in the Bombay High Court on Monday to Sahara India's enhanced claim of Rs 2000...
- Sahara drags Jet Airways to court; stock down 5%
Shares of Jet Airways took a beating after Sahara India Commercial Corporation moved an application in the Bombay High Court for executing ...
- Jet raises Rs 1,000 cr from Indian banks
Jet Airways has raised about Rs 1,000 crore from a South-Indian bank and a nationalised bank to meet its working capital requirements.