The troubled airline cancels all international flights due to cash crunch
Bid document does not consider debt-equity conversion, issue of shares to banks
As planes were stranded for over three hours, passengers were asked to deboard
No consensus among banks on Rs 1,500 cr emergency funding, to release only Rs 150cr
Over 70 per cent of the airline's fleet has been grounded, leading to massive cancellations
The first repayment tranche of $31 million was due on March 11 and the second instalment of $109 million due today
GMR group sells stake in airports arm to Tata, GIC, SSG for Rs 8,000 crore; deal to cut GMR Infra's debt by 40%
Jet Airways is flying 30-35 planes now and plans to operationalise an additional 40 grounded planes by April end
Jet's operating fleet reduced from 103 planes in October 2018 to 35 now, leading to massive cancellations and a surge in airfares
Bankers take charge of airline, set May-end deadline for buyer
Naresh Goyal has been known as a tough negotiator and suave businessman who helped sway policy environment to suit his airline
Jet Airways' chief executive officer Vinay Dube informed pilots earlier this week that the airline is looking for a potential investor
IndiGo continued its leadership with 43.4% market share in February while Jet Airways slipped to 11.4% share below SpiceJet (13.7) and Air India (12.8)
While Etihad is seeking an exit from Jet, a negotiation between Qatar Airways and Etihad looks impossible given strained relations between the two Gulf nations
The decision was taken at the National Aviators Guild annual general meeting in Mumbai on Tuesday
Goyal writes to staff seeking more time to finalise resolution plan, says still in talks with lenders and Etihad; sources say he's looking for a new investor to keep company afloat
Goyal once again gave his assurance that pending salary dues will be cleared on priority
Etihad is planning a fourth frequency between Abu Dhabi-Mumbai for a few days to cater to the load caused due to Jet cancellations
Spot airfares for Wednesday and Thursday saw a steep rise on important routes
SpiceJet had bet its fortunes heavily on the new version of the 737 of which it has 13 planes in its fleet and another 193 aircraft on order