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Jet Airways to get over Rs 3,000 cr fund infusion after debt-rejig, investments by Etihad, NIIF

Abu Dhabi-based Etihad, which currently owns 24 percent in the full service carrier, is a strategic partner and is expected to pump in around Rs 1,400 crore in Jet Airways
Firstpost - Published

PSBs, govt fund to own 51% in restructured Jet

Restructured Jet Airways will effectively be 51% government fund and PSU banks-owned. SBI-led lenders will convert Rs 600 crore loan into equity at Re 1, which will take their stake to 32%. National..
IndiaTimes - Published

Videos for "Jet Airways"

SBI is all set to control 15% of Jet Airways [Video]SBI is all set to control 15% of Jet Airways

India’s largest lender State Bank of India (SBI) is set to take an equity stake of at least 15 percent in Jet Airways India Ltd. as lenders to the carrier plan to convert part of their loans into..

Credit: Hindustan Times     Duration: 00:29Published

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

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     Duration: 00:42Published

The Luxury Of Private Jets [Video]The Luxury Of Private Jets

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     Duration: 00:31Published

Passengers Suffer Bloody Nose, Ear On Flight [Video]Passengers Suffer Bloody Nose, Ear On Flight

Several passengers bled from their noses and ears after the crew forgot to pressurize the cabin on a Jet Airways flight.

Credit: HuffPost News     Duration: 00:45Published

Airline Passengers Bleed From Ears And Nose After Crew Forgets To Pressurize Cabin [Video]Airline Passengers Bleed From Ears And Nose After Crew Forgets To Pressurize Cabin

Passengers on Jet Airways Flight 697 from Mumbai to Jaipur, India, recently had a terrifying experience. The flight crew forgot to pressurize the cabin. Gizmodo reports dozens of passengers on the..

Credit: Wochit     Duration: 01:08Published

'Panic' on Jet Airways Flight After Loss of Cabin Pressure [Video]'Panic' on Jet Airways Flight After Loss of Cabin Pressure

A Jet Airways flight bound for Jaipur on September 20 turned back to Mumbai after what the airline said was a “loss in cabin pressure.” A number of passengers suffered ear and nose bleeds..

Credit: Rumble     Duration: 00:45Published

Airline Passengers Suffered Bleeding Ears and Headaches After Pilots 'Forgot' to Pressurize Cabin [Video]Airline Passengers Suffered Bleeding Ears and Headaches After Pilots 'Forgot' to Pressurize Cabin

Pilots on a flight from Mumbai to Jaipur, India reportedly “forgot” to regulate cabin pressure on a Boeing 737.

Credit: Time     Duration: 00:49Published

Passengers Experience Nose Bleeding On Jet Airways Flight [Video]Passengers Experience Nose Bleeding On Jet Airways Flight

Passengers on a Jet Airways flight that took off from Mumbai this morning bled from their nose allegedly after a drop in cabin pressure caused by an error. The Boeing 737 with 166 passengers had to..

Credit: nnis News English     Duration: 01:08Published

Jet Airways Passengers Treated for Injuries in Mumbai After Cabin Pressure 'Error' [Video]Jet Airways Passengers Treated for Injuries in Mumbai After Cabin Pressure 'Error'

A Jet Airways plane had to make an emergency return to a Mumbai airport shortly after takeoff on Thursday, September 20, due to a problem with cabin pressure. This video was captured by passenger..

Credit: Rumble     Duration: 00:32Published

Oxygen Masks Deployed on Jet Airways Flight as Passengers Complain of Nosebleeds [Video]Oxygen Masks Deployed on Jet Airways Flight as Passengers Complain of Nosebleeds

A Jet Airways plane had to make an emergency return to Mumbai airport on Thursday, September 20, shortly after takeoff due to a problem with the cabin pressure. These photos were captured by passenger..

Credit: Rumble     Duration: 00:11Published

Jet Airways में क्यों 166 Passengers के कान, ’ [Video]Jet Airways में क्यों 166 Passengers के कान, ’

Mumbai to Jaipur Jet Airways Flight's technical problem causes danger to passenger's life. In the above video, we have disclosed the actual issue caused and what are the actions taken by the authority...

Credit: Rumble     Duration: 01:14Published

VIDEO: नाक-कान से बह रहा था ख&#x [Video]VIDEO: नाक-कान से बह रहा था ख&#x

Inside Video Of The Mumbai-Jaipur Jet Airways Flight Where Passengers Suffered From Cabin Pressure

Credit: Rumble     Duration: 00:44Published

Study Says One In 50 People Find Love On An Airplane [Video]Study Says One In 50 People Find Love On An Airplane

According to a new study from British bank HSBC, 1 in 50 airplane passengers meet the love of their life on board an aircraft. CNN reports the results came from interviews with 2,150 people from 141..

Credit: Wochit News     Duration: 00:37Published

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..

Credit: Bloomberg Global Business     Duration: 01:32Published

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..

Credit: StoryfulViral     Duration: 02:01Published

 

Jet knocks on government doors in fight for survival: media

Beleaguered Indian carrier Jet Airways is seeking an $840 million bailout from shareholders and a state-backed fund, Business Television India said, after earlier approving a deal with its lenders to..
Reuters India - Published

Jet Airways seeks to raise $840 million from share sale - media

Jet Airways Ltd plans to raise about $840 million from a government fund and a rights issue, Business Television India said, a day after the company's board approved a deal for some lenders to infuse..
Reuters India - Published

Jet Airways may raise 45 billion rupees via rights issue - Business Television India

Debt-laden Indian carrier Jet Airways Ltd may propose to raise 45 billion rupees ($629.95 million) via a rights issue priced at between 125-150 rupees per share, Business Television India reported on..
Reuters India - Published

Jet Airways debt recast: Lenders to have largest shareholding

The plan proposes restructuring, under the provisions of the Reserve Bank of India's February 12, 2018 circular, to meet a funding gap of nearly Rs 8,500 crore.
Zee News - Published

Jet Airways posts consolidated net loss of Rs 732 crore in Q3

The company had posted a standalone net profit of Rs 165.25 crore in the same quarter previous fiscal, Jet Airways said in a statement.
Zee News - Published

Government initiates backdoor nationalisation of Jet Airways

In a major move on Thursday, the government, through its bankers, undertook a backdoor nationalisation of Jet Airways Ltd.
Sify - Published

Jet Airways approves rescue deal to plug $1.2 billion gap

India's Jet Airways said on Thursday its board had approved a rescue deal which will make its lenders its largest shareholders and fix a near 85 billion rupee ($1.2 billion) funding gap.
Reuters India - Published

Cash strapped-Jet Airways logs net loss of Rs 588 cr in December quarter as fuel cost soars 30%

Struggling carrier Jet Airways on Thursday reported a standalone net loss of Rs 587.77 crore for the third quarter ended 31 December as against net profit of Rs 165.25 crore in the same quarter..
Firstpost - Published

Jet Airways posts Rs 588 crore loss in Q3; board approves lenders' rescue package

The airline made a net loss of Rs 588 crore ($83 million) for the three months ended December 31, compared with a profit of Rs 165 crore a year earlier. Revenue from operations stood at Rs 6,148 crore..
IndiaTimes - Published Also reported by •Reuters India

DGCA reviewing Jet Airways flights' schedule every 15 days, says official

Jet Airways, which has been flying for over 25 years, is working with lenders to restructure its debt as well as raise fresh funds.
Zee News - Published

Foul weather hits Mumbai airport ops: 20 flights cancelled; thousands hit

Four Alliance Air flights, and around 16 Jet Airways flights were cancelled, according to flightradar24, an air traffic monitoring website.
DNA - Published

Jet Airways revises cancellation charges for domestic flights

Jet Airways has revised its change and cancellation fees for its flights within India, based on the number of days prior to the travel date that the change or cancellation is made.
Sify - Published

Mumbai-Dehradun Jet Airways flight diverted to Chandigarh due to `technical reasons`

Jet Airways flight 9W 703 from Mumbai to Dehradun was diverted to Chandigarh.
Zee News - Published

Jet Airways' scrip down 5% as four aircraft grounded

Financially stressed Jet Airways' stocks fell by around 5 per cent on Friday a day after the airline said that four of its aircraft have been grounded for non-payment of dues to lessors.
Sify - Published

Jet Airways to hold board meeting on 14 February to approve December quarter results

Jet Airways, which is grappling with acute financial problems, on Friday said its board will meet on 14 February, to approve the unaudited financial statements for the third quarter and nine months..
Firstpost - Published

India's Jet Airways says four aircraft grounded for non-payment to lessors

SINGAPORE (Reuters) - Struggling Indian airline Jet Airways said late on Thursday it had grounded four aircraft due to non-payments to lessors. "The company is making all efforts to minimise..
Firstpost - Published Also reported by •Reuters India

Jet Airways grounds four aircraft after failing to pay lessors, says making efforts to reduce disruption to network

Saddled with debt of about $1.14 billion, Jet Airways has been hit by price competition, rupee depreciation and high oil costs.
Firstpost - Published Also reported by •Zee NewsReuters India

Four aircraft grounded due to non-payment of dues: Jet Airways

The airline added that it is "actively engaged with all its aircraft lessors" and "making all efforts to minimize disruption to its network due to above and is proactively informing and..
DNA - Published

Jet Airways' new penalty framework effective from today: Cancellations made 7 days prior to flight departure will attract charges up to Rs 3,800

The new framework states that if an economy-class passenger makes a seat change, date change, flight change, etc,. prior to seven days of flight departure, the charges would be in between Rs 1,500 and..
Firstpost - Published

DNA Money Edit: Jet Airways may hurtle down further

Jet Airways is also says to be allowing its pilots to leave without serving notice period, which has enabled several dozens of pilots to move out in few days of putting their papers
DNA - Published

Jet introduces staggered penalty framework for domestic network

Private airline Jet Airways on Wednesday introduced a staggered framework to reward its domestic guests with substantially lower penalties in exchange for advanced intimation for changes in their..
Sify - Published

Jet Airways's debt is our first a/c under Project Sashakt: Rajnish Kumar

Interview with chairman, State Bank of India
DNA - Published

Owl found in Cockpit of Jet Airways flight at Mumbai airport

An owl was found in the cockpit of a jet airways flight while it was parked at Mumbai Airport.
DNA - Published Also reported by •IndiaTimes

Jet Airways has agreed to Etihad's bailout terms, says report, boosting shares

Jet Airways Ltd has agreed to most conditions set by shareholder Etihad Airways for offering a lifeline to the debt-laden Indian carrier, the Business Standard newspaper said, sending Jet's shares..
Reuters India - Published

Naresh Goyal likely to step down from board, Jet Airways accepts Etihad bailout plan; both airlines to ink pact soon

Jet Airways has reportedly agreed to most of the conditions set by its partner Etihad for offering a lifeline to the debt-laden domestic carrier
Firstpost - Published

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