Page 25 - Jet Airways

RPower, Jet Airways among 34 stocks expelled from NSE's derivative segment

The move follows tighter Sebi norms introduced last year; existing unexpired contracts till June will be available for trading

Extend special loans to Jet to clear staff dues: Bank employees' union

They praised lenders, led by SBI, for their mature and pragmatic han­dling of the Jet case, espe­cially for not yielding to pre­ssure to extend a rescue loan

Jet employees' union asks regulator to not allocate slots till bidding ends

The slots allocated to Jet Airways are its properties and the airline is yet to close, said the union

Extend special loans to Jet to clear staff dues: Bank employees union

All-India Bank Employees Association praises SBI-led lenders for deft handling of Jet case

Nasim Zaidi resigns from Jet Airways board citing personal reasons

Zaidi, the former Chief Election Commissioner and ex- civil aviation secretary, joined the Jet Airways board in August last year

Jet Airways crisis: Lenders keen on non-IBC resolution if bidding fails

While lenders are "reasonably hopeful" of a successful bidding process, sources said banks are working on a plan B in case things don't progress as expected.

FM Jaitley has promised to look into Jet Airways' issues: CEO Vinay Dube

At least one month's salary was needed to be paid to the employees for retaining them, Dube said

Jet Airways issues gag order, asks employees not to speak with media

Jet said talking with external stakeholders especially the media might impact the bidding process for airline's stake sale.

Teenager's online petition to save father's job at Jet Airways goes viral

In the petition titled 'Saving future of 16,000 Jet Airways employees', she has sought instant financial help for the airline from the government.

Jet grounded: Spare a thought for employees as over 20000 jobs are at stake

After flying for 26 years, Jet Airways announced temporary grounding of operations after the lenders declined a Rs 400-crore lifeline

Jet Airways crisis: Foreign trips set to get at least 10% costlier

The closure of Pakistan airspace is another factor as it has pushed up operating costs for airlines

Jet Airways timeline: How the 'Joy of Flying' airline's dreams soured

The airline, known for its "The Joy of Flying" tagline, has been teetering for weeks, saddled with over $1 billion in debt.

Why Jet Airways shutting down operations poses a challenge for Mumbai

Jet is the largest player in the Mumbai airport, with over 110 domestic slots and 30 international slots from the city

Jet Airways crisis: Banks stare at Rs 1,000-crore urgent provisioning

Jet cancelled all flights on Wednesday as lenders did not extend critical interim funding

Jet Airways' temporary closure setback for Indian aviation: Ashwani Lohani

According to him, it is a sad day for all those in the business of flying in the country to witness a fine airline closing shop

Jet Airways suspends all operations as lenders reject plea for funds

The grounding comes after weeks of painstaking negotiations between the airline and its lenders for funds following a severe cash crunch that had led to defaults and mounting dues

End of an era: Jet Airways to ground operations temporarily from tonight

The airline said the decision follows the lenders refusing to offer a lifeline

Will back Jet resolution process within existing regulatory framework: MoCA

DGCA and other regulators are monitoring the situation carefully to ensure that all existing rules regarding refunds, cancellations, and alternate bookings are followed strictly

Jet Airways has no option but to shut shop as banks deny lifeline yet again

The airline, saddled with roughly $1.2 billion of bank debt, has been teetering for weeks after failing to receive a stop-gap loan of about $217 million from its lenders

Lessors rush to repossess more Jet planes, even as emergency funds awaited

Analysis of data disclosed by the Directorate General of Civil Aviation shows that Jet's lessors have, so far, sought to deregister and repossess at least four dozen of the planes operated by Jet