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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   


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1 min read

CBI searches at Jet Airways office, founder Naresh Goyal's residence in bank fraud case

The CBI on Friday conducted searches at seven locations including the premises of Jet Airways and i…

PTI   


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2 mins read

Jet Airways case: NCLAT to pass order on Jalan Kalrock Consortium's plea against SBI on May 30

The National Company Law Appellate Tribunal (NCLAT) said it will give a verdict on May 30 regarding…

PTI   


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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   


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3 mins read

British Airways is spending $9 billion to help make it the world's favorite airline once again after years of slumping popularity

British Airways announced new first-class seats on its A380 jets, and showcased its new seats for s…

Pete Syme,Taylor Rains   


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4 mins read

SpiceJet: In the eye of a perfect storm

The airline has reported eight malfunction incidents in the last 18 days, which led to a notice fro…

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2 mins read

Naresh Goyal questioned all night by ED after fresh charges of money laundering

The Enforcement Directorate (ED) filed a fresh case to probe the allegations of money laundering ag…

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3 mins read

This defunct airline’s stock has grown four times in just over 4 months — here's why

The grounded airline Jet Airways’ stocks have more than quadrupled investors' wealth since Septembe…

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4 mins read

It’s not just COVID-19 ⁠— SpiceJet’s survival is getting challenged by rising costs, low cash, and new players with deep pockets

The odds of SpiceJet’s survival are turning against the Gurugram-based low-cost airline with every …

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3 mins read

Qatar Airways' little-known private jet division is finding success by acquiring some of the world's most expensive business aircraft

Qatar Executive wants to be the go-to for some of the newest and most expensive jets in private avi…

Thomas Pallini   


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2 mins read

A British Airways pilot was fired after he bragged to a coworker about doing cocaine before an 11-hour flight, report says

A British Airways pilot tested positive for drugs after he boasted about a night of partying and co…

Joshua Zitser,Pete Syme   


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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   


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It’s official-- Jet Airways is bankrupt, declares a Indian court on the same day the share price jumped 93%

The bankruptcy proceedings of Jet Airways have started as National Company Law Tribunal (NCLT) admi…

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Some employees in India are stepping up with investments to save the company and their jobs

The tables have turned as employees of troubled companies are saving them instead of quickly jumpin…

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Stephen Jones   


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1 min read

ED books former Jet Airways boss Goyal for money laundering; conducts raids

Alleged shady aircraft lease transactions with non-existent offshore entities are also under the ED…

PTI   


Pete Syme,Taylor Rains   


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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…

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2 mins read

Etihad’s strategic partner Jet Airways has off loaded the maximum number of people last year

If reports are to be believed, Jet Airways is the United Airlines of India with most offloading…