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Why a stagnant fleet size is a blessing for Jet Airways

Despite adding no new aircraft, Jet Airways saw more departures during the year, it flew more people, and achieved a higher load

Blackstone may buy stake in Jet Airways loyalty arm: Bloomberg

U.S. private equity firm Blackstone Group LP is in talks to acquire a stake in the frequent-flier loyalty programme of Jet Airways (India) Ltd, Bloomberg reported on Wednesday, citing people familiar..
Reuters India

Videos for "Jet Airways"

Jet Airways India Postpones Release of Quarterly Results [Video]Jet Airways India Postpones Release of Quarterly Results

Aug.10 -- Jet Airways India's audit committee didn’t recommend financial results to the board for approval, the company says in a statement to the National Stock Exchange of India. Bloomberg's Anurag..

Bloomberg Global Business -

Passengers Evacuated From Jet Airways Plane That Left Runway [Video]Passengers Evacuated From Jet Airways Plane That Left Runway

Passengers and crew members were evacuated from a Jet Airways plane on August 3 after it went off the runway at Riyadh’s King Khalid International Airport during an aborted takeoff. This video, by..

StoryfulViral -

Boeing Signs $14.4B in Jet Deals [Video]Boeing Signs $14.4B in Jet Deals

Jun.26 -- Boeing got a jump on next month's annual Aviation Trade Expo in the U.K. after inking two deals worth a combined $14.4B. The bulk of the aircraft will be delivered to Jet Airways in India...

Bloomberg Global Business -


Jet chief meets top aviation official amid airline's financial woes

Financially-challenged Jet Airways on Tuesday said its Chairman Naresh Goyal met Civil Aviation Secretary R.N. Choubey to discuss matters concerning the sector and the airline.

Jet Airways pilots seek turnaround plan

The pilots says they want to assess the turnaround plan so as to get a clear picture of financial health of the airline and the steps being taken to bring it towards profitability

SpiceJet flies into Rs 38 cr loss on high fuel prices, currency hit

Airline companies continue to fly into turbulence. SpiceJet on Tuesday reported a loss of Rs 38 crore on account of rising fuel prices, volatile currency and an arbitration reward. The..

Independence Day Bonanza: Air India, Vistara, Air Asia offer huge discounts on tickets in 'freedom sale'

On occasion of India’s 72nd Independence Day, several airlines are offering mega discounts on air tickets. From Air India to AirAsia, airlines have launched what some are calling ‘freedom..

Jet Airways crisis: Naresh Goyal met Aviation secy to brief about developments

Goyal, the London-based NRI, had last week told his shareholders that he's embarrassed and guilty of their losses, later left for London amidst the airlines' plans to raise funds to come out of the..

Amid a desperate scramble for cash, Jet Airways is banking on promoter Naresh Goyal's ability to save the day

The government seems wary of helping Jet Airways promoter Naresh Goyal in such trying times. Can he pull a rabbit out of his hat to save his beloved airline?

Jet Airways woes: Goyal briefs aviation secy

Following its abrupt move to indefinitely defer June quarter earnings announcement on August 9, the aviation ministry had said it was keeping a watch on the developments at the beleaguered airline.
Zee News Also reported by •IndiaTimes

Jet Airways lenders are wary of extending new loans

State Bank of India, HSBC Holdings and Axis Bank are among lenders to the Mumbai-based carrier, which owes a total Rs 9,430 crore. It had cash and equivalents of Rs 320 crore at the end of March.

Jet Airways has not yet asked the bank for funds: SBI chairman

Beleaguered carrier Jet Airways Ltd has not yet approached State Bank of India (SBI) for any funds, the chairman of the country's top bank said on Tuesday, according to television channel CNBC-TV18.
Reuters India

Jet Airways denies loan default, says evaluating all funding options to meet liquidity requirements

Jet Airways, which is grappling with financial woes, had last week deferred announcement of its financial results for the June quarter and is yet to announce a date.
Firstpost Also reported by •Reuters India

Jet Airways denies stake sale, allays fears of debts

Jet Airways on Monday brushed off reports of a possible stake sale and also put to rest questions on rising debts that raised concerns on its ability to keep the airline flying.

All accounts "Standard", no difference with auditors: Jet Airways

Jet Airways on Monday reiterated that all of its accounts with lenders are "Standard" without any overdues.

Jet Airways hands pink slips as crisis worsens

Sources says more employees are likely to be shown the door in coming days

Jet Airways' CEO Resigns

Indian airline Jet Airways said Chief Executive Wolfgang Prock-Schauer will step down on Oct. 15. Senior Vice President Nikos Kardassis will take over as the acting head.
Wall Street Journal

No overdue in any of our accounts: Jet Airways

Jet Airways on Monday said that its accounts with lenders are ‘standard’ and that there is no overdue in any of our accounts. The airline also said it is evaluating various funding options to meet..

Is your airline safe? DGCA will soon find out

The DGCA has already conducted a financial audit of Indigo and Air India, which has been defaulting on salary payments to its employees, besides grounding a number of aircraft due to payment issues..

Jet Airways initiates stake-sale process to raise around $350-400 million from global private equity firms


DGCA to conduct financial audit of turbulence-hit Jet Airways from 27 August; airline says prepared for it

Jet Airways confirmed that the regulator will be evaluating its performance and said the airline is prepared for it.

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