You Searched For "Jet Airways loan" and got 17 results
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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
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…
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…
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…
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…
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
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
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
Indian conglomerate Tata is in talks to buy out troubled carrier Jet Airways in a deal that could create one of the country's largest airlines
The second part of the deal, however, is where it gets tricky for Jet Airways. Goyal is…
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…
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
2 mins read
India's second-largest airline is shutting down after running out of money
"Since no emergency funding from the lenders or any other source is forthcoming, the airline will n…
Graham Rapier
2 mins read
Jet’s partner Etihad submits a conditional bid for the cash-strapped airline — and wants to remain a minority owner
Jet’s creditors have taken a majority stake in the airline and are selling their equity holding…
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
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
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
The best airline in the world is coming to America with its newest plane
Al Baker's fellow Middle Eastern airline CEO echos his sentiments. "At the end of the day. We have …