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
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..
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
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..
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...
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
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 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
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
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
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
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
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, 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
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
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
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
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 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