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You Searched For "jet investors" and got 15 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…

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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…

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2 mins read

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   


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2 mins read

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…

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3 mins read

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   


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2 mins read

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   


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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…

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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…

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1 min read

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…

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1 min read

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   


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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…

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3 mins read

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   


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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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3 mins read

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   


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3 mins read

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, …

James Cook