Etihad Airports reports $870 mn loss in 2019; airline says result 'encouraging' after losing billions in recent years
• 5 years agoEtihad attributed the lower revenues to cutting back on routes as part of its restructuring plans
Jet Airways revival plan: Creditors panel to meet today, may decide on extending deadline to two suitors keen on crisis-hit airline
Fp Staff • 5 years agoThe second bidder, South America-based Synergy Group, did not submit a plan for Jet Airways and the group reportedly sought clarity on slots in the domestic and international routes of the grounded airline.
Jet Airways crisis: Hinduja Group likely to bid for grounded airline again, to submit EoI by 15 January; shares up 5%
Fp Staff • 5 years agoAs per media reports, the UK-based group plans to submit an expression of interest by the 15 January deadline, signalling its intent to make a formal offer.
Jet Airways fails to attract new bidders during extended deadline period; may go ahead with 3 entities who submitted EOIs: Report
• 6 years agoWith no new bidders emerging during this period, there are only three entities that had put in their initial bids earlier
Jet Airways stake sale: Lenders of bankrupt airline give third extension for EoI to 31 Aug
• 6 years agoThe bankruptcy court had on 20 June appointed Ashish Chhawchharia as RP, who late last month had floated EoIs for Jet Airways that stopped flying mid-April.
Jet Airways crisis: Lenders mull liquidation of grounded airline after EoIs attract no major bidder, CoC may meet this week
Fp Staff • 6 years agoThe decision of Abu Dhabi-based Etihad Airways to exit from the resolution plan of the crisis-hit airline has reportedly hastened Jet Airways' liquidation process.
Anil Agarwal's Volcan Investment shows interest in buying stake in defunct carrier Jet Airways
• 6 years agoVolcan Investment's EoI is in now way connected to Vedanta, the company said in a statement
Jet Airways crisis: Hinduja Group, Etihad Airways likely to bid for debt-laden airline via IBC route; Tata, Qatar Airways keen to join race too
Fp Staff • 6 years agoQatar Airways is also expected to join the race for Jet Airways stake acquisition if the state-owned flag carrier of Qatar is able to find out a suitable local partner, the report said.
Jet Airways crisis: Lenders to meet today to finalise resolution for debt-laden airline; shares plunge over 18%
Fp Staff • 6 years agoLast week, the I-T Department summoned Naresh Goyal, the founder of Jet Airways, for questioning in connection with an alleged tax evasion case.
DHFL promoters come smelling of roses vis-a-vis Jet Airways' by cleaning up the mess themselves
Muralidharan • 6 years agoDespite being one up dubiously in the matter of outstanding over IL&FS whose dues are estimated to be Rs 91,000 crore, DHFL has agreed to set its house in order.