You Searched For "Jet Airways loan" and got 20 results
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4 mins read
Naresh Goyal's 'incessant siphoning of funds' among reasons behind Jet Airways' downfall: ED
et Airways founder Naresh Goyal's "resistance" in diluting his stakes and "incessant siphoning off …
PTI
2 mins read
Jet Airways founder Naresh Goyal sent to 14-day judicial custody
A special PMLA court here on Thursday remanded Jet Airways founder Naresh Goyal in 14-day judicial …
PTI
2 mins read
Jet Airways is headed to bankruptcy court as bankers fail to find a buyer
Jet Airways’ lenders have given up hope of saving it from bankruptcy, as they have moved th…
1 min read
Jet Airways shares slump over 17% as investors get anxious before the last word from bankers
The airline stalled operations on April 17 after the State Bank of India (SBI) refused to ex…
2 mins read
Punjab National Bank has reportedly given Jet a ₹20.5 billion lifeline to keep it airborne
The emergency funding is split in two parts - foreign currency loans of ₹11 billion and a credi…
2 mins read
A pair of Bahamian private jets said to be funded by a 'handshake deal' with Sam Bankman-Fried are set to be confiscated by the US government
Sam Bankman-Fried loaned $28.4 million to a Bahamian company to buy the two jets. The company said …
Pete Syme
3 mins read
Jet Airways misses a loan repayment and gets downgraded again, further compromising owner Naresh Goyal’s plans to retain control of the airline
In a stock exchange filing on the last day of 2018, Jet Airways announced that it had defaul…
3 mins read
Sam Bankman-Fried took 21 private jet trips to and from Washington, and chartered Cessnas to transport Amazon packages to FTX HQ, sources say
Sam Bankman-Fried flew to or from Washington, DC, 21 times on a Learjet 60. FTX political donations…
Pete Syme
2 mins read
Jet Airways raised fraud bills, faked invoices and siphoned off funds, says report
The audit reveals that it did not verify invoices, which led to inflation of bills and fuel expe…
2 mins read
One of the richest Indian families has its eye on Jet Airways
It seems that Jet’s creditors are counting on a last-minute bid to prevent the airline from going…
2 mins read
A 51-year-old PMC Bank depositor who has ₹90 lakh with the bank dies of heart attack
Sanjay Gulati, a resident of suburban Oshiwara, went to a protest march held outside a city cour…
PTI
1 min read
Jet Airways is looking to raise $100 million to refinance rupee-based loans
"The airline will keep refinancing more expensive rupee debt whenever possible. The move will help …
2 mins read
Etihad reportedly just made an offer to sell its entire stake in Jet to the struggling airline’s largest creditor
Not only does the UAE-based carrier want to sell its 24% stake in the airline and its 50.1% st…
2 mins read
A former Jet Airways insider says Naresh Goyal cannot run the airline
India’s oldest private airline, Jet Airways, is on the brink of a collapse, and there is a bitter…
3 mins read
See the private jets a Bahamian aviation firm says Sam Bankman-Fried and FTX funded with a $28 million handshake deal, which are now at the center of a 3-way ownership battle
Sam Bankman-Fried loaned $28 million to a Bahamian private jet company to purchase an Embraer Legac…
Pete Syme,Taylor Rains
2 mins read
Etihad makes dramatic U-turn with intention to raise stake in ailing Jet Airways
As the deadline for bids to purchase a stake in Jet Airways has been extended till April 12th, th…
2 mins read
Jet Airways’ revival delayed by Etihad’s hard bargain
The move will effectively push Naresh Goyal out of the driver’s seat by halving his 51% hold…
4 mins read
Boeing has unveiled a new plane for its 'ecoDemonstrator' program — a modified 787. See all 10 of the company's testbed jets.
Since 2012, Boeing has converted 10 commercial planes into flying laboratories, including an Americ…
Taylor Rains
2 mins read
Etihad finally caves in creditor and promoter demands to invest in Jet
Whatever the eventual amount, the investment from Etihad, which is pending the approval o…
3 mins read
Lenders’ plan to keep Jet Airways' afloat may put Etihad in the cockpit
On one hand, it involves a $450 million capital infusion by cash-poor Jet Airways and its part…