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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…
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…
A fuel company founder pled guilty to stealing more than $6.2 million from investors to charter private jets and visit nightclubs
The Exit 7C founder admitted he misrepresented financial data and used investor's funds to charter …
Grace Kay
A founder who raised $225 million is scary transparent: My (revenueless) startup won't make any money until we do $20 billion in sales
"The pressure's on top-line," Lore told Business Insider during a phone call Tuesday morning. "We k…
Investors bet against Warren Buffett as airline ETF sees 1600% surge in fund flows
The US Global JETS ETF has seen a surge in assets since the coronavirus pandemic caused a massive s…
Matthew Fox
The Jay Z-funded 'Uber for private jets' startup is shutting down
In a letter published to BlackJet's member, its CEO blamed inaccurate press coverage and a lack of …
Biz Carson
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…
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…
Jet Airways staff in Mumbai says they’re willing to work for less salary
According to an ANI report, the group said, "We're ready to work for less salary, but we want Je…
Evergrande has sold 2 of its private jets for more than $50 million as it tries to control its huge debts, according to a report
Evergrande sold the Gulfstream jets in October, the same month it made two bond-interest payments, …
Kate Duffy
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…
Jet's $3 billion acquisition is a 'watershed moment' for New York's tech scene
"Successful exits spawn a new breed of entrepreneurs who now have the capital, network, and positiv…
Avery Hartmans
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…
An 'Uber for private jets' startup just raised $20 million from Jay-Z and the Saudi Royal Family
The company offers three different products: JetDeals, which involves booking a one-way private fli…
Madeline Stone
Investors are spending 'absurd' amounts of money on tech companies that don't exist yet
Jet.com CEO Marc Lore has a track record of building internet shopping companies that become very, …