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4 mins read
India emerging as key aviation market: IATA report
India's domestic air travel has continued to grow robustly and as of February, it was a mere 2.2 pe…
ANI
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…
2 mins read
The owner of Jet Airways is reportedly trying to secure a rescue deal with partner Etihad to avoid losing control of his struggling airline
The deal, currently in negotiations, could see Goyal and his family reduce their stake in the a…
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
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
India’s financial crime agency is investigating Etihad’s 2014 investment in Jet’s loyalty programme
The ED is attempting to establish whether Jet Airways violated foreign exchange protocols when…
2 mins read
Jet Airways’ desperate search for a new investor takes it to the US, Singapore and UAE
Under the airline’s resolution plan, a consortium of banks, led by SBI, will conver…
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…
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 …
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…
1 min read
Jet Airways Shares Zoom As Net Profit Swings To Rs 70 Crore In Q2
Apart from Q2 results, Jet Airways' commercial deal with Abu Dhabi-based Etihad, including a Rs 2,0…
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' employees will bid for 75% stake in the airline along with London-based AdiGroup
Jet Airways’ employees are saving their jobs along with their company, as have joined hands with …
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…
1 min read
Jet Airways Employees To Meet COO To Discuss Salary Delay
It was also learnt that employees had earlier accepted the delayed payment as the company was going…
7 mins read
Etihad's grand plan to dominate global aviation may be in deep trouble
Over the past few years, Etihad embarked on an equity-acquisition spree that has seen the carrier t…
Benjamin Zhang
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
Airlines in India are raining discounts on domestic and international flights
Here are some of the deals: Budget carrier Vistara — a Tata Sons and Singapore airlines j…
2 mins read
An ongoing salary row reportedly forced India’s Jet Airways to cancel over a dozen flights as its pilots called in ‘sick’
The move is part of the airline’s plan to shift capacity away from “uneconomical routes to m…
2 mins read
Boeing's dealing with fresh 787 Dreamliner production problems, just as it prepares to bring the 737 Max back into service
The FAA is investigating after Boeing discovered quality control issues on the 787 that led it to g…