Page 38 - Jet Airways

Jet Airways defaults on loan repayment to banks, credit rating slips to 'D'

Over the past several months, the airline has struggled to pay vendors and staff salaries on time

Cash-strapped Jet Airways defaults on debt payment to banks led by SBI

The 25-year-old airline is facing financial difficulties and owes money to pilots, lessors and vendors

Jet Airways boss Naresh Goyal asks employees to focus on all costs

Says airline will rationalise ops, go for European routes

Jet shifts 71 passengers after smoke in Mangalore-bound flight: Report

Jet said it arranged another aircraft to operate its flight to Managalore from Bengaluru due to a 'technical snag'.

Lenders of debt-laden Jet Airways ask management for equity infusion plan

Negotiations with Etihad stuck due to valuation, management control issues

Delivering planes as per plans: Boeing officials on Jet Airways

Media reports suggest that Jet Airways is returning eight Boeing 737 aircraft to its lessors and delaying induction of new planes following a severe cash drought

Jet to return 8 Boeing 737 aircraft to lessors following cash crunch

Jet has 123 aircraft in its fleet that has ATR, Airbus and Boeing variant

Aviation regulator monitoring Jet Airways financial health, safety issues

During the monitoring, various aspects from the view point of safety are looked at. This includes assessing whether the airline is able to maintain its aircraft and schedule, an official said

Forensic audit of specific transactions progressing as per SBI: Jet Airways

SBI, the lead banker to the airlines' over Rs 80 billion loans, has mandated EY to conduct the forensic audit of its books

Jet Airways shares down over 4% on reports of Nikos Kardassis' exit

The Greek-American aviation veteran in his third comeback to Naresh Goyal-controlled Jet Airways in May was roped in to revive the fortunes of the full-service carrier

Jet Airways slips 4% as former CEO Nikos Kardassis leaves firm

Shares of Jet Airways fell as much as 4 per cent on BSE after news reports suggested Nikos Kardassis, the former CEO, has parted ways with it

SBI orders forensic audit of Jet's accounts from April 2014 to March 2018

Jet has come under regulatory scrutiny twice this year

SBI orders forensic audit of Jet Airways' books from April 2014: Sources

The airline has been struggling to keep afloat following three consecutive quarterly losses of over Rs 10 billion each

Jet Airways' survival may rest on founder Goyal leaving the cockpit

With 124 planes, Jet now flies to places like Hong Kong, Dubai, Paris and London, besides over 45 destinations in India

Jet Airways' Colombo-bound flight emergency returns to Mumbai Airport

While airport sources said the plane returned due to pressurisation failure, Jet Airways said the plane returned for "technical reasons which are under investigation"

Tata bye bye

Why the Tata group buying Jet would have been the best outcome for all

Jet Airways announces codeshare pact with Saudi budget carrier Flynas

Codesharing allows an airline to book its passengers on its partner carriers and provide seamless travel to destinations where it has no presence

Jet Airways extends fall as ICRA downgrades credit rating

The stock slipped 6% to Rs 258 on Monday, extending its previous week's 10% decline, after the rating agency ICRA on Friday downgraded cash-strapped airline's long-term ratings from 'B' to 'C'.

Icra downgrades crisis-hit Jet Airways' long-term ratings from 'B' to 'C'

Jet Airways in a regulatory filing also confirmed the rating downgrade by Icra

Jet Airways climbs 3% on reports Etihad will guarantee loans worth $150 mn

Shares of Jet Airways rose as much as 3.59 per cent in the early trade on BSE, after news reports suggested Etihad Airways of Abu Dhabi has offered to guarantee loans worth $150 million.