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SBI orders forensic audit of Jet Airways

The State Bank, which is the lead banker to the airlines' over Rs 8,000 crore loans, has mandated EY to conduct the forensic audit of its books, which has already began the process, the sources added.
Credit: IndiaTimes - Published

Cash-strapped Jet Airways' survival may rest on founder Naresh Goyal leaving the cockpit

Rising dominance of budget carrier IndiGo as well as high oil prices, hefty fuel taxes and a weak rupee left Jet Airways strapped for cash and unable to pay employees and lessors on time.
Credit: Firstpost - Published Also reported by •ReutersReuters India

Videos for "Jet Airways"

British Airways Sued By Passenger Forced Next To 'Obese' Man [Video]British Airways Sued By Passenger Forced Next To 'Obese' Man  00:42

A passenger is suing British Airways, claiming he suffered injury and loss of earnings from being placed beside an obese passenger on a 12-hour flight. 51-year-old Stephen Prosser from South Wales told..

Credit: Wochit Business - Published

The Luxury Of Private Jets [Video]The Luxury Of Private Jets  00:31

It is a well known steretype that billionaires, CEOs, celebrities, and world leaders use private jets to travel. Recently Business Insider looked inside private jets to see how fancy they actually are...

Credit: Wochit Entertainment - Published

 

Colombo-bound Jet Airways' flight returns after technical snag


Credit: IndiaTimes - Published

Jet Airways in codeshare pact with Saudi carrier Flynas; debt-laden airline extends reach into Arab nation

As part of the agreement, Jet Airways will place its marketing code '9W' on Flynas flights between the gateway cities of Dammam, Jeddah and Riyadh.
Credit: Firstpost - Published

Cash strapped-Jet Airways' shares fall 6% after ICRA downgrades airline's long-term ratings

After a negative opening on BSE, the Jet Airways shares further declined 6.04 percent to hit an intra-day low of Rs 259.50.
Credit: Firstpost - Published

Jet’s Goyal ‘taps’ NRI tycoon for investment

The reason why Jet Airways promoter approached NRI billionaire Yusuffali is that the latter is not new to aviation and both the businessmen have very strong ties in and with the Gulf. Jet has, for..
Credit: IndiaTimes - Published

Train pilots on simulator to an exercise which replicates the Lion Air crash, DGCA tells Jet Airways & SpiceJet


Credit: IndiaTimes - Published

Jet Airways tells union it will clear salary backlog by April: source

India's indebted Jet Airways Ltd told its pilot union on Thursday it will clear all salary dues by April and has given them a schedule outlining when the payments will be made, according to a source..
Credit: Reuters India - Published

Jet Airways seeks $350 mn soft loan from Etihad; continues to hold discussions with Gulf partner to offload additional stake

Cash crunched Jet Airways has sought a soft financing of $350 million from its investment partner Etihad Airways, as it continues to hold discussions with the latter to offload additional stake in the..
Credit: Firstpost - Published

Lion Air crash fallout: DGCA monitors Boeing 737 MAX planes on daily basis; issues advisories to Jet Airways, SpiceJet

DGCA is monitoring on a daily basis the performance of Boeing 737 MAX aircraft apart from putting in place various measures to ensure there are no safety issues with these planes
Credit: Firstpost - Published

Etihad in talks with Jet Airways, bankers for rescue plan; evaluates debt-laden carrier's future business plan

Shares of Jet Airways rose as much as 3 percent on Wednesday while the overall Mumbai market was down 0.6 percent.
Credit: Firstpost - Published

Jet Airways cuts base fares by up to 30% for both domestic and international travel across network under limited period offer

The travel period for the bookings availed under the discounted fares range from 5 December to 30 September, 2019, depending on the destination, Jet Airways said.
Credit: Firstpost - Published

Jet Airways gives up to 30% discount on domestic, international during end of year global sale

The ‘Happy holidays year-end global sale’ offer will be open for booking from December 5 to December 11.
Credit: Zee News - Published

Jet Airways introduces 65 new weekly services on international, domestic routes

The airline said that it has added a daily direct frequency from Pune to Singapore making it the first airline to do so.
Credit: Zee News - Published

Etihad in rescue talks with bankers for Jet Airways: sources

Jet Airways Ltd and second-largest shareholder Etihad Airways have been holding rescue talks with bankers of the indebted Indian carrier, three people aware of the matter told Reuters on Wednesday.
Credit: Reuters India - Published

New investor likely within 2-3 months: Jet Airways CEO

Jet Airways' CEO Vinay Dube reportedly said during a meeting with Pilots on Nov 26 that a new investor was joining soon.
Credit: Sify - Published

Etihad discusses rescue deal for India's Jet Airways with bankers: sources

Abu Dhabi-based Etihad Airways, the second largest shareholder of Jet Airways Ltd, is holding talks with the debt-laden Indian carrier and its bankers on a rescue plan, two sources aware of the matter..
Credit: Reuters India - Published

Jet Airways, Etihad in talks on rescue deal: Sources

Executives from Etihad and Jet have met some of the airline's bankers in Mumbai in recent days to discuss ways to address its cash flow issues and evaluate the carrier's future business plan, the..
Credit: IndiaTimes - Published Also reported by •Firstpost

Jet Airways promises to clear dues after staff went on mass leave

Cash stripped airline Jet Airways promised to its employees that it would clear all their dues. Jet Airways said that all outstanding salary arrears will be cleared on priority by April, 1 2019.
Credit: DNA - Published

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