Etihad Airways

Showing of 41 - 60 from 257 results
Etihad Airways - Total results - 257
SpiceJet shares plunge over 8% on profit-booking after sharp five-day rally
Business

SpiceJet shares plunge over 8% on profit-booking after sharp five-day rally

The scrip tanked 8.15 percent to close at Rs 125.15 on the BSE. During the day, it plummeted 8.62 percent to Rs 124.50

Jet Airways stake sale: Tata Group likely to make yet another bid for grounded airline via bankruptcy courts
Business

Jet Airways stake sale: Tata Group likely to make yet another bid for grounded airline via bankruptcy courts

In November last year, Tata Group had made a bid to buy controlling stake in Jet Airways, but wanted the exit of the airline's existing promoters, the Naresh Goyal family.

Bombay HC refuses to intervene in Jet Airways crisis, says it cannot ask govt, RBI to release fund
Business

Bombay HC refuses to intervene in Jet Airways crisis, says it cannot ask govt, RBI to release fund

Jet Airways' last flight landed at the city airport past midnight from Amritsar and became the seventh carrier to shutter operations in the past five years.

Jet Airways issues gag order over 20,000 employees, cautions talking to media will affect bidding process
Business

Jet Airways issues gag order over 20,000 employees, cautions talking to media will affect bidding process

The grounding of India's oldest private airline company sent shock waves among its 20,000-odd employees, of whom Jet Airways owes over three months salaries to 15 percent of the staff.

Govt should not rescue cash-strapped Jet Airways, it's not in State's interest to run airlines
Business

Govt should not rescue cash-strapped Jet Airways, it's not in State's interest to run airlines

The operational creditors of Jet Airways, everyone from its service providers to its workers, can still take the airline to the bankruptcy court.

Jet Airways lenders 'reasonably hopeful' of getting successful bids for grounded cash-strapped airline
Business

Jet Airways lenders 'reasonably hopeful' of getting successful bids for grounded cash-strapped airline

Jet Airways still has a market capitalisation of about $400 million, as investors have clung to hopes of a rescue deal being clinched.

Jet Airways shuts down operations: A timeline of how the 'Joy of Flying' airline's dreams soured
Business

Jet Airways shuts down operations: A timeline of how the 'Joy of Flying' airline's dreams soured

Jet Airways halted all operations on Wednesday after its lenders rejected its plea for emergency funding from the airline that was once India’s largest private carrier.

Jet Airways CEO says all jobs can't be secured during sale process; has 'no answer' for fate of over 20,000 employees
Business

Jet Airways CEO says all jobs can't be secured during sale process; has 'no answer' for fate of over 20,000 employees

Jet Airways owes over three months salaries to 15 percent of the staff comprising senior management, pilots and engineers

Jet Airways to ground all operations temporarily from tonight as lenders refuse to extend required financial support
Business

Jet Airways to ground all operations temporarily from tonight as lenders refuse to extend required financial support

Jet Airways will be the seventh airline to go down since May 2014 and the 13th one after East West was shuttered

Lessors rush to repossess 4 more Jet Airways' Boeing 737 planes, as debt-laden airline stares at shutdown
Business

Lessors rush to repossess 4 more Jet Airways' Boeing 737 planes, as debt-laden airline stares at shutdown

Jet Airways CEO Vinay Dube said on Tuesday in a letter to employees that the carrier had stressed to its lenders the need for some urgent funding, critical to the continuation of its operations.

Jet Airways lenders pick four bidders for debt-laden airline's stake sale; uncertainty over emergency funding continues
Business

Jet Airways lenders pick four bidders for debt-laden airline's stake sale; uncertainty over emergency funding continues

Jet Airways chief executive Vinay Dube in an internal communication has said the lenders could not decide on the emergency funding and that the board of the airline will meet on Tuesday to take a call on the future.

Jet Airways crisis: Pilots body defers 'no flying' call ahead of lenders meet today; airline withdraws services from SAARC routes
Business

Jet Airways crisis: Pilots body defers 'no flying' call ahead of lenders meet today; airline withdraws services from SAARC routes

The guild, which has around 1,100 pilots as its members, decided to stop flying from 15 April in protest against non-payment of salaries since March

Forced to step down, Naresh Goyal now returns to put in bid for cash-strapped Jet Airways
Business

Forced to step down, Naresh Goyal now returns to put in bid for cash-strapped Jet Airways

Last month, Goyal and his wife Anita Goyal stepped down from the board of the airline, which has more than Rs 8,000 crore debt.

Jet Airways extends suspension of international operations till Monday as airline faces worst existential crisis since launch
Business

Jet Airways extends suspension of international operations till Monday as airline faces worst existential crisis since launch

Jet Airways was the largest domestic carrier operating in the international sector with a hub in Amsterdam, where a cargo agent had taken possession of an aircraft this on Tuesday demanding bill payment.

Jet Airways grounds services to Kolkata, Pune among other destinations; is ailing airline heading for a crash-landing?
Business

Jet Airways grounds services to Kolkata, Pune among other destinations; is ailing airline heading for a crash-landing?

Jet Airways board met in Mumbai and discussed "operational" issues, while airlines' strategic partner Etihad Airways submitted initial bids for a higher stake

Jet Airways crisis: Founder Naresh Goyal likely to submit bids today for stake in cash-strapped airline
Business

Jet Airways crisis: Founder Naresh Goyal likely to submit bids today for stake in cash-strapped airline

Former Jet Airways chairman Naresh Goyal is likely to submit initial bids for a stake in the airline on Thursday, sources said

Jet Airways stake sale: Etihad, TPG Capital among five companies submit EoIs to acquire crisis-hit airline shares
Business

Jet Airways stake sale: Etihad, TPG Capital among five companies submit EoIs to acquire crisis-hit airline shares

SBI-led consortium of domestic lenders are implementing a debt resolution plan for Jet Airways, whose board approved the plan last month.

Downfall of Jet Airways: The crisis in airline illustrates challenge of making money in Indian aviation sector
Business

Downfall of Jet Airways: The crisis in airline illustrates challenge of making money in Indian aviation sector

Jet Airways has posted losses in eight of the past 10 years and its share of the domestic passenger market has fallen to about 15.5 percent in 2018 from 22.5 percent in 2015

Jet Airways crisis: No takers for airline's stake on day one of bidding; Etihad, NIIF may emerge as top contenders
Business

Jet Airways crisis: No takers for airline's stake on day one of bidding; Etihad, NIIF may emerge as top contenders

Prospective bidders of struggling Jet Airways need to settle the airline’s existing debt as part of any deal to buy a stake in the carrier, its consortium of lenders led by SBI said in a statement on Monday.

Jet Airways' lenders say paying off cash-strapped airline's existing debt of Rs 8,500 cr is part of any stake deal
Business

Jet Airways' lenders say paying off cash-strapped airline's existing debt of Rs 8,500 cr is part of any stake deal

Jet Airways' lenders said last week they would consider other options should the stake-sale process “not result in an acceptable outcome”.